Price Protection Promise
This section tackles the specific 'Price Protection Promise' program of Uplift.
What is the Price Protection Promise?
Price Protection Promise is a special proposition for IDO investors to protect them from the token’s price dropping. If the project token price drops below the original IDO token price at TGE, we will refund you! Notice that it can not work for all IDOs. You need to find the “Price protection” label on the banner and the project page to make sure that the Price Protection Promise program works for this IDO.
What are the terms and conditions for the Price Protection Promise?
Our Price Protection Promise is based on our KPI Protected Funding. When we launch a project we will mutually and publicly agree on a set of KPIs with the project.
Terms and conditions can be different. Here are some of examples:
- That another launchpad will not release the project’s IDO tokens earlier to its own community (ahead of the agreed TGE time).
- The price should not drop lower than IDO token price during the first 24 hours after the TGE date.
- That the project will maintain its value at 200% of the initial IDO token price for four months after IDO sales end.
- That the token price will be 600% of the initial IDO token price within the following nine-month period.