ASCENT
Who's it for?
Ascent is for anyone who wants to raise funds without the interference of intermediaries.
How are we better?
Why Ascent? Why not IEOs and dexes you may ask. Simple, we studied both the worlds, took the best of them, ironed out the negatives and developed this platform. Worry not about rug pulls, scammy projects. Here is a comparison with 2 other ways of launching crypto projects:
| Ascent | Centralized Launchpads | Uniswap/Other Dexes | |
|---|---|---|---|
| Quality of projects | Very high | Very high | Low |
| Transparency | 100% transparent | Low | High |
| Vesting | Embedded | No | No |
| Launch | Very easy | Too time consuming | Very easy |
| Possibility of rug pull | Very low | Very low | Very high |
| Speed of launch for project | Quick | Extremely slow | Fast |
| Marketing platform | Strong | Very strong | Weak |
| Confidence of investors | Very high | Very high | Low |
| Allocation transparency | Very high | Very low | Low |
| Cost for project | Very low | Extremely high | Very low |
| Information about project | Very high | Very high | Low |
| Project updates | Regular | Regular | N/A |
| Escrow | Yes | No | No |
| Milestone based funding | Yes | No | No |
Why Should Projects Apply?
- Higher transparency leads to more investors
- Better community growth
- Strong brand presence through association with Bitbns: India’s leading crypto exchange
Huge decentralised community
Being totally transparent and open to all with literally no restrictions, it really gives a great chance to prove projects their worth and get funded from anyone in the world.
Free listing
Only charge for getting listed at Ascent is good work and great projects. No upfront cost of listing at Ascent. Contrast that with millions needed for IEO platforms.
Airdrops
Projects can incentivise participation by giving airdrop of tokens to the users. The smartest way to bootstrap the community is to drive event based airdrops. This comes with no extra cost, while being extremely transparent and fair to all
Custom Token Lock
Projects can create a vesting schedule of tokens for users who participated in ascent and that saves them from extreme price movements. Eventual unlock gives time to legitimate projects to complete their work and increases trust in the community.
Token Monitoring
Projects can also create vesting schedules for different use cases of tokens and Ascent would execute it as per custom rule. This enables trust among users who are participating in the sale.
Community Voting
Project votes determine buzz about a project and it may help users in participating it
What's in it for Investors?
Legitimate Projects
All the projects listed on Ascent are checked thoroughly w.r.t their use cases, smart contract and judged on the basis of project’s problem solving. Best projects then compete for getting listed on Ascent. Investors get a massive opportunity to grow with these projects right from the start of the project.
Governance Listing
Community also gets to decide which token can be listed at Ascent. Users can create a proposal and then if it passes, it gets listed on Ascent. It’s that simple. The power of true decentralisation now is in your hands. You get to choose things you think are the best.
Funds Raise Lock
Funds raised by the project are locked and only given to projects as per the schedule pre-listing. This ensures your funds are always safe and going to projects in need. Removes any chance of rug pull
Community Voting
Investors can also vote for their favourite projects. The power of true decentralisation in your hands. You have the power to choose what you want to get listed on ascent.
What about Yield Farmers?
No Risk Profit
Farmers can just farm the reward at no risk. They are just left with judgement to pool their tokens in the right project . More funds raised by token, More they can farm. They can withdraw their pooled tokens and farmed tokens at the end of sale
Amazing airdrops
Farmers also get the airdrop tokens given by project.
No lock
Farmers can withdraw their tokens immediately. There is no lock for them.
List of Projects
More Reasons Why:
"I lost about 12 ETH by investing into a famous project due to getting rug pulled. The project was known had I am excited about the possibilities that Ascent brings. The world needs something like this- Josh
"I had earlier FOMOed in some projects where I saw certain promised milestones not met by the team. So a milestone based fund unlock is a massive upgrade and it keeps project teams focussed and they need to deliver to unlock a new tranche of funding. This I think is a game changer- Saranya
Still Confused? Watch our AMA session here:
Questions? Here are a few Answers:
Ascent provides you a large decentralised community. $BNSD has had over 80k transactions executed over 2000 holders on blockchain and 5000+ on various exchanges where it’s listed
Solve for investor apprehension. Users can rest assured with vesting mechanisms built on Ascent platform that there wont be a large scale change in tokens abruptly. No team, advisors or investors dumping abruptly.
- Launch it quicker, faster and cheaper
- Have an already existing community to give instant feedback
- Launch it with higher transparency which boosts investor confidence
Longer term $BNSD holders would benefit in terms of airdrops for projects that are getting launched. This is a massive benefit for anyone holding onto $BNSD
- Higher transparency
- Time based/ milestone based unlocking
- Vote for your favorite projects to get listed on ascent
- No rug pull
- No weird surprises or dumps
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