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DYOR Announces November 21st Token Offering on TrustSwap Launchpad

Onuora Amobi·November 18, 2024
TrustSwap
DYOR Announces November 21st Token Offering on TrustSwap Launchpad

DYOR Labs, the team behind the revolutionary new crypto research, charting, and token management platform, DYOR, has announced their upcoming $DYOR token offering starting November 21st, 2024 at 5:00 PM UTC on TrustSwap Launchpad.

Introducing DYOR

DYOR is a crypto trading and analytics platform designed for mass adoption that includes a full suite of next-generation token management tools. The platform delivers on the promise of a fully transparent platform where traders can conduct virtually all on-chain activity in a secure and intuitive environment.

It includes a first-of-its-kind Team Dashboard, which allows Web3 teams to properly manage all the aspects of their token project, from deployment and launch to community and socials.

By providing a streamlined platform that connects crypto project teams with their communities of traders and holders, DYOR is aiming to disrupt the token management and analytics sector by drawing users away from older, outdated platforms like DexTools, Uniswap, and CoinMarketCap.

Key Features

DYOR offers many benefits for builders to manage their token projects including:

  • All-in-One Team Dashboard
  • Marketing Resources
  • Liquidity Locker
  • Market Making
  • Vetted Third-party Vendors
  • Anti-Scam Technology

It also offers several benefits for traders such as:

  • DEX Limit Orders
  • Automatic Slippage
  • Faster Transactions
  • MEV Countermeasures
  • Intuitive UX
  • Responsive Customer Service

Marketing Strategy

The go-to-market strategy starts by promoting DYOR's Team Dashboard and useful features to attract developers. As developers direct their communities to the platform to participate in their ecosystems, they will support further adoption by traders and crypto enthusiasts. Users will be retained by continued innovation and incentivization via the $DYOR token.

As part of the initial launch strategy, traders will be given staked tokens and traders will be incentivized to come to the platform to claim rewards. Token project managers will be offered complimentary updated socials and Premium services for a period of time.

Aside from the traditional Web3 channels, DYOR Labs has developed partnerships with top-tier KOL’s including Mario Nawfal, Altcoin Daily, Ivan on Tech, and many more.

$DYOR Token Utility

Unlike many other platform utility tokens, $DYOR has no inherent selling pressure as it is not used for payments or direct rewards. Instead, holders are incentivized to stake $DYOR to unlock platform benefits and discounts.

Staking $DYOR has several benefits:

  1. Monthly distribution of USDC rewards for active traders on the platform.
  2. Access to ongoing private sales and OTC deals from all projects using DYOR's Team Dashboard and/or Liquidity Pools in our native DEX.
  3. Discounts on platform trading fees
  4. Reduced fees on premium features and subscriptions
  5. Access to exclusive private sales and OTC offers
  6. Daily allocation of votes which can be used to create more awareness for your favorite tokens OR sold in our marketplace to token projects/other users looking to promote their projects.

Meet The Team

Josh Meier - Chairman of the Board

Josh is the CEO and Managing Partner of Andromeda Capital and has worked as a strategist on the advisory board for over 50 web3 start-ups since 2017. His experience and acumen supply key insights on market conditions, messaging, and how to avoid crucial mistakes. Josh also specializes in post-launch strategy to help create stronger, more active communities. As an early-stage strategic investor in over two hundred web3 startups since 2017, Josh has procured a trusted network of industry heavyweights, influencers, and developers to guide synergistic partnerships and collaborations.

Ben Kurland - CEO

Ben's journey in the blockchain space spans over 8 years, marking his presence with a project that soared to the top 15 by market cap and achieved the second-largest gain in the 2017 bull run. He has advised over a dozen blockchain projects and collaborated on major crypto platforms with high-profile celebrities and star athletes. Before his career in blockchain, Ben was an actor and producer, notably appearing in a five-time Academy Award-winning film. Ben's proficiency in blockchain design architecture, along with his entertainment pedigree, provides a unique ability to blend technical insights with a keen sense of market appeal, making him a standout leader in the web3 domain.

Jeff Muchnick - CSO

Jeff Muchnick is an attorney, investor, and serial entrepreneur. He has successfully started and scaled a number of businesses in the legal, pharmaceutical, and specialty finance sectors. He entered the crypto space in 2020 and immediately began consulting on business plan development and strategic partnerships for several large projects. He boasts a wide range of knowledge relating to web3 and has a vast network of contacts in the web2 and web3 space.

Hank Wyatt - CTO

Hank Wyatt is at the forefront of innovation in the cryptocurrency sector as the CEO of HLWGroup and CTO for multiple leading technology companies. With a knack for pioneering strategies, he spearheads a specialized team of over 15 industry experts, cementing HLWGroup's position as a notable player in the industry. Hank's visionary leadership and deep understanding of the crypto landscape have been instrumental in navigating its complexities. Under his guidance, his team delivers groundbreaking solutions that not only meet but set new industry standards. His approach has been pivotal in shaping the future of cryptocurrency, making significant contributions that resonate across the sector.

Roadmap

Learn More About DYOR

Click the links below to learn more about DYOR and the $DYOR token.

Token Offering Details

This offering is for the Public Round of $DYOR token. The token is launching on Base and TGE is planned for Dec. 3rd, 2024 with initial trading on Uniswap and Diamondswap (DYOR Native DEX).

Tokenomics

Secure Launch Process

To ensure a smooth launch, the DYOR Labs team has agreed to:

  1. Have their domain fully SSL certified one week prior to the launch date.
  2. Have their domain protected by Cloudflare and share the proof with TrustSwap prior to the launch date.
  3. Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
  4. Distribute tokens to launchpad participants within one hour of exchange listing.
  5. Provide the timeline for token distributions and distribute tokens within a one-hour window of the agreed-upon time.
  6. Have at least one community moderator on each social platform (X, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch.

Participation and Allocation

This Launchpad offering is for a Public Round allocation of the $DYOR token. Anyone who wants to join can apply, but application does not guarantee an allocation.

As always, anyone with a $SWAP Staking Score of at least 4,000 can receive a guaranteed allocation provided that individuals (and entities) pass KYC (jurisdictional restrictions apply). Token allocation will be split up among eligible participants proportionately based on their percentage of the total combined Staking Scores.

Visit the TrustSwap Dashboard to check your staking score. You can add more SWAP and/or increase the duration of your stakes at any time to increase your Staking Score. To learn more about Staking Scores and the TrustSwap Long-Term Staking Pool (LTSP), read our comprehensive blog post.

Step-By-Step Guide

Prepare for Launch Day by ensuring that your SWAP stakes are topped up before the snapshot. You can also complete your KYC in advance.

  1. On November 21st, 2024, at 5:00 PM UTC, the application window will open for 24 hours. During this time, go to the TrustSwap Launchpad and click the “Start” button to apply. The snapshot will be taken 24 hours after the launch event begins.
  2. Complete all of the steps required for KYC verification. This can be done in advance at any time for free in just a few minutes. To save time on launch day, complete your KYC registration now.
  3. On November 22nd, 2024, at 5:00 PM UTC, the application portal will close, and a snapshot will be taken of all active SWAP stakes. There will then be a waiting period of up to 48 hours as the team finalizes internal processes.
  4. Successful applicants will receive an email confirming their total allocation (the maximum amount they are allowed to contribute to the token offering) and asking how much they wish to contribute. Individual allocations will be either the full allocation or the pledged amount, whichever is lower.
  5. You will have 24 hours to send funds. After 24 hours, your position will be given to the next in line, and you will lose it. Payments must be sent in USDC or USDT on either Ethereum (ERC20), BSC (BEP20), or Polygon (MATIC) blockchain.
  6. Any tokens that are unclaimed after the initial funding round may be offered to those who applied successfully but were not eligible for guaranteed allocations.

How To Prepare

  1. Based on the requirements set for a guaranteed allocation, stake your $SWAP tokens in the Long-Term Staking Portal before the snapshot on 11/22/2024 at 5:00 PM UTC.
  2. Take a photo of your government-issued ID card (Passport, Drivers License, or any other form of government-issued ID card that has your photo in it).*
  3. Take a selfie of yourself holding the ID card along with a note that reads: “DYOR 2024”.*
  4. Make sure to follow the TrustSwap Announcement channel for updates and confirmations.
  5. Submit your details and documents at any point during the 24-hour launch window at https://dashboard.trustswap.org/app/launchpads.

Note: Steps 2 and 3 are not necessary if you have an active KYC registration. You can save time by pre-registering at https://dashboard.trustswap.org/app/sekuritance.

Who Can Participate in the $DYOR Token Offering?

Anyone not domiciled in the USA or UN-sanctioned countries can participate in the $DYOR Public Round token offering.

Disclaimer: Launchpad dates and details are subject to change. This is not an endorsement, partnership, or offer for investment by TrustSwap. DYOR Labs is using the TrustSwap Launchpad as a customer, with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.

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