Launchpads are an irreplaceable tool for both investors and young projects in the digital asset space. For crypto projects, they are a useful tool for bootstrapping, and for investors, they provide exposure to early-stage startups.
While the crypto industry in general and launchpads, specifically, have seen far fewer scams than they did years ago, the industry is still volatile, and investing in token presales for promising up-and-coming projects isn’t always a sure thing.
Gems Launchpad, a community-driven launchpad built around an exclusive investor network, recently launched two initiatives that aim to promote portfolio diversification and financial safeguards to offer a solution to this problem. Gems Miners is a community incentive mechanism that enables investors to generate tokens from the launchpad’s premium projects, enabling passive portfolio diversification. Gems Protect is a risk-mitigation feature that Gems Launchpad initiated to allow investors to recoup most of their losses if their initial investment drops by at least 25 percent.
Essentially serving as a form of crypto insurance, Gems is now adding to its Gems Protect feature to include an exclusive “Credit Refund” option.
This option provides the launchpad’s Premium members with the flexibility to exchange tokens purchased in its token private sales and receive a credit refund. The credit refund allows these members to redirect their funds to other launchpad projects, enhancing investor satisfaction while ensuring funds remain within the Gems ecosystem.
Gems Launchpad CEO Isaac Joshua said: “Insurance in crypto is almost unheard of, and a full credit option covering one’s investments is unthinkable, yet that’s what Gems is doing.”
Understanding the importance of cultivating a self-sustaining Web3 ecosystem that centers around its launchpad, Gems sees providing unparalleled risk-mitigation and financial protections as a crucial offering for its community and investor network. By committing to empowering its users, these features benefit the Gems’ all-in-one crypto hub that extends beyond the launchpad, offering users an integrated ecosystem to trade, invest, learn, and earn.
Expanding on the value of the Credit Refund option, Joshua added:” With the extended version of this program, we’re giving back to the community by providing members the freedom to invest responsibly, confidently, and securely, and offering an additional layer of protection through a service unheard-of in crypto to date.”
The Credit Refund credits from returned tokens, which will only expire after a year, can be used to invest in other projects on Gems Launchpad Pro, including future private sales.
Initially, the Credit Refund option will be available only to Gems Premium Members who hold 3,000 or more $GEMS tokens. This initial access is a way to express our gratitude and appreciation to our most dedicated supporters and community members. A few days later, the Credit Refund option will become available to all Premium members.
