Iotexpad Ico Review: It is Safe Or Not? Read Our Full Review

About Iotexpad

Iotexpad is the first ever launchpad on IoTex. Iotexpad becomes the primary incubator for and native launchpad for all the leading IoTeX projects. Iotexpad is an exclusive token launch platform for transformative IoTeX projects that takes crowdfunding to a whole new level with safe and easy use of crypto assets to benefit the projects and their investors. The TEX token holders will be incentivized with access to game-changing projects that are launched in the IoTeX network.

Iotexpad becomes the primary incubator for and native launchpad for all the leading IoTeX projects. Taking the right projects to the crypto enthusiastic community has always been a tedious task, and Iotexpad gives projects IoTeX the power to distribute tokens easily and raise funds. Iotexpad community members enjoy access to top-tier projects on the IoTeX network, minimizing the chance of loss of funds. Iotexpad is a 100% decentralized launchpad dedicated to project launches on IoTeX.

Token Basic Information

A Decentralized Exchange For Everyone

If you have tried other decentralized protocols like Uniswap or Pancake Swap, you will love Mimo. It is super fast, super cheap and super secure- plus it is powered by IoTeX blockchain technology. What does this mean? It means you pay less than a penny per transaction, and your transaction is confirmed in under 5 seconds!

How It Work

Iotexpad followed a tiered structure to provide a decentralised model for project launches, whilst maintaining high tiered projects. Iotexpad wants to keep things straight, transparent, and genuine. So, it offers a tiered operating mechanism that offers a guaranteed allocation. NO BOTS, is what Iotexpad is made for, with tier system they eliminate such bias behaviour.

There are five tiers namely Bronze, Silver, Gold, Emerald and VIP. The threshold holding requirement for each tier varies and does the allocations. IotexPad enhances currency projects raises with incubation whilst still maintaining the ability to distribute tokens and raise liquidity.

Faster. Lower-cost. Cross-chain.

mimo works with ioTube, a bridge that allows other blockchain users to benefit from IoTeX‘s speed and low-cost – see instruction here. But cross-chain interoperability is just one of the ways mimo makes trading better for everyone.

Bye Bye Ethereum Fees

The IoTeX blockchain has extremely low block fees.

Peer-to-Peer Trading

No sign-ups or deposits required.

Automated Pricing

Traders see a single, clean price

Open Liquidity Pools

Anyone can create a new trading pair and earn fees by offering liquidity.

Five-Second Trades

Never worry about stuck transactions again.

Trade Whenever, Wherever

Intuitive interfaces to trade and manage liquidity.

Trusted Traders

Mimo is powered by a set of verifiable, non-upgradeable smart contracts, which each manage a “liquidity pool” made up of on-chain reserves of IOTX/XRC20 tokens. mimo.exchange’s smart contract is based on Uniswap’s V1 contract, which has been widely used and tested in practise. Instead of a centralized order book used by traditional cryptocurrency exchanges, mimo utilizes an automated market maker (AMM) smart contract for pricing and reserve management. Traders can trade against these reserves at prices guaranteed by the AMM smart contract.

Automated Market Making

Iotexpad Automated Market Making (AMM) is a way of managing a liquidity pool using algorithm. With AMM, no orderbook or waiting for order fulfillment is needed. Together with IoTeX’s 5 second finality, the trades can be very lightning fast.  

Why Choose

Iotexpad are the first native launchpad to be deployed on Iotex, focused on launching and incubating leading emerging and trusted projects. Iotexpad provides a way through which new IoTeX projects can raise capital from a platform that is already used by most of the crypto world. While Iotexpad takes care of the token sales with top-notch security, projects can focus more on developing their core idea.