My view of the Catapult-crypto platform

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Catapult is an easy-to-use multichain fundraising and ambassador platform for Web3 projects of all stages, integrated with a multichain wallet and cross-marketing solution for blockchain ecosystems.Catapult is an investment, marketing, and activity platform, built for the community. Catapult offers lockdrops, IDOs with communicty care program for its investors. They had a rebranding some months ago, where they changed their platform’s name from a2dao on catapult. This platform works on the binance smart chain where transaction fees are much smaller than on the ethereum mainnet. What makes this launchpad different from others is, that on catapult you do not have to stake launchpad’s token, and you do not need to have any tier to be able to invest. Catapult’s goal is to protect users’ funds in 99% of rekt/under-delivery cases. The catapult platform develops lockdrops, initial dex offerings, and also private and seed rounds. This platform burns its tokens during lockdrops according to the deflationary model. In these lockdrops is 1% fee paid in $CPLT tokens by lockdrop’s participants. I will give you an example to fully explain it: The lockdrop participant has locked 10,000 tokens in Pool X for 30 days. After 30 days, it will be possible to unlock 9,900 tokens from Pool X, and 100 tokens will be burned.

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This platform has week’s newsletter called “BI Weekly Digest” where interested members of the community have an opportunity to read the latest news about the catapult project or its partners. I personally really enjoy this BI Weekly Digest newsletter, because you do not always have free time to keep your finger on the pulse, and always check everything ideally, so this kind of condensed knowledge helps you to save your time. Example projects what worked with Catapult:

1. “Moonray”

2. “Starly”

3. “Subsquid”

4. “Dropp”

5. “O-MEE”

6. “Minima”

7. “Solcial”

8. “Nomadland”

9. “EYWA”

10. “Iron Pigeons”

11. “YouMinter”

12. “Streeth”

13. “Amara”

14. “DAG”

15. “ValhallaNFT”

When we wanna tell something about this project’s idos, there is a community care program, what eventually may cover your money in special situations, in this program are the following terms and conditions:

1. The range between IDO and TGE must not exceed 1 month. In case of violation of this rule, the Catapult team will initiate voting in the community to return the investment to the users.

2. The project team must transfer 100% of the tokens to Catapult prior to listing, or provide a vesting contract with set timely token unlock dates.

3. Community Care protection is valid for every batch until more than 50% of tokens are distributed.

a. If the token price systematically fails to settle anywhere close to the IDO price within the first 24 hours since trading has started — we will have the right to initiate a refund. If at the time of the next batch, the price is lower than the IDO — the team will also initiate a refund.

b. By “below IDO price” Catapult Team advises understanding a situation when the token price systematically fails to close the higher-timeframe candles around the IDO price.

c. If the project team, according to tokenomics, sends out 50%+ of the tokens at TGE, then the expected price outcome should be above the IDO price for the first 24 hours. Otherwise, the Catapult team may initiate a refund.

4. All tokens must be locked according to the vesting schedule. Liquidity requirements will be determined on a project-by-project basis, but in general, a project team will be required to provide liquidity of at least 5% of the total fundraising amount. Liquidity must be locked until the last batch of tokens of the public round is distributed. In case of any rule violations or contingencies, users will receive their money back.

5. The Catapult team will verify that projects have agreements, liquidity protection services, and smart token contract audits that exclude additional token minting, vulnerabilities, and other critical issues.

6. The funds collected on IDO will be transferred to the project team in batches equivalent to the percentage of tokens received and in accordance with the token distribution schedule of the public round. In case of misconduct, violation of the above rules, and other unforeseen circumstances, the funds may be refunded to the investors.

7. Catapult reserves the right to make a partial or full refund in the case of unprofessional behavior of the project team, which caused financial losses to their community.

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