Price Protection Promise
If a project fails to hit the agreed KPIs then a refund will be issued to Uplift investors.
Last updated
If a project fails to hit the agreed KPIs then a refund will be issued to Uplift investors.
Last updated
Your best interests are at the heart of what drives Uplift, which is why we have launched the IDO Price Protection Promise (hereinafter - PPP). You can now invest Uplift’s IDOs safe in the knowledge that if the price drops below the original IDO token price at TGE, we will refund you!
Most IDOs will be backed by our IDO Price Protection Promise - just look for the Price Protected badge (in green) to see which projects qualify!
How does it work?
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.
If the project fails to hit the agreed KPIs, then a refund will be issued to you, the investor.
So, what would be some examples of KPIs that we could expect Uplift to arrange with a new project?
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.
Please note:
It's vital to remember that not all projects have an IDO PPP. However, the projects that are IDO protected will be labelled for investors to see.
The refund deadline is specific to each IDO, and will usually be a couple of days after the KPIs deadline.
The refund may be as much as 100% of your invested money back, or it may be less.
