Categories: Payment system news

Arkania Protocol Announces Multi-Chain IDO Launchpad

Arkania Protocol has released its IDO Launchpad to the public, which includes an anti-whale system, KYC, and strong security.

The Arkania platform connects potential new projects to the worldwide crypto community, giving developers the opportunity to exhibit innovative new start-ups to individuals who can then support them from the start. Arkania, which is based on the Binance Smart Chain, will eventually connect additional chains to provide an interoperable token launch experience.

Anti-Whale Mechanism is Public-Friendly

With some new companies trying to secure enormous token sales, it’s become a normal practice to offer private sales to a select group of high-volume customers, with no limit on how many tokens each buyer can buy. This process is occasionally repeated in the public auction, allowing “whales” to buy a large number of tokens and then manipulate the market for personal gain.

Arkania’s crew is well aware of this, and to fight the problem, they’ve built an anti-whale mechanism into their platform. In addition to KYC requirements, each user will be assigned one ticket, giving them an equal chance to participate in IDOs that are launched on the platform.

Security and Features

The 10-day “Cooling Phase” between winning participation in an IDO and applying for another is another user-friendly feature. This approach ensures that the platform is fair, allowing other users to apply for the next project launch. Arkania has incorporated Fractal’s expertise in decentralized KYC solutions, allowing backers to keep their sensitive information secret while clearing whitelisting on the Arkania platform.

While the platform makes it simple for enthusiasts and backers to have early access to impending launches, the quality of the projects is not compromised. Each project is rigorously examined against a set of criteria, including feasibility, long-term viability, and a security assessment. On the other hand, it lowers the project listing fee, lowering hurdles and friction for projects to join the platform.

ANIA: Token for the Public

Arkania’s ANIA token provides a wide range of benefits to investors and enthusiasts on the platform, including discounts, unique early access to launches, staking rewards, and a community-powered launchpad (converting into a DAO). Tokens for the presale will be distributed on a first-come, first-served basis.

The ANIA coin is already live, with Round 1 of the presale finished successfully. The following is the schedule for Round 2:

Whitelisting will begin on January 8, 2022 (1300 UTC) and will last until January 20, 2022 (1300 UTC).Round 2 will begin the next day, January 21st at 1300 UTC, and will last 48 hours, ending on January 23rd, 2022.In Round 2, the price is $0.04 for each ANIA.Cap for Round 2: $1,450,000Applicants will receive a minimum of $500 and a maximum of $5,000 in funding (an anti-whale mechanism).Pancakeswap Listing: January 25th, 2022.

Regarding Arkania

Arkania is a unique project backed by a strong team with extensive experience in crypto, cybersecurity, and smart contract development. It was created to answer the most important concerns facing the crypto community.

The Arkania platform is committed to becoming the solution to the mounting security issues that IDOs and token sale participants are now facing. The platform’s ease of use allows crypto initiatives to reach a large audience of backers and enthusiasts quickly. Those interested in learning more about the IDO platform can go to the Arkania website.

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