Governance & Voting System
Governance has a team of prominent members. They have the highest AILD tokens staked in the platform.
The higher the AILD tokens being staked by the use, the higher the chances of being elected into the Governance team. They’re involved in big decision-making processes and ensure the decisions are implemented at the same time.
They are given the voting power to select IDO projects. It comes through the Ailaunchpad program.
The projects are screened and cleared by the Ailaunchpad team and partners before the government takes over them. Once they have reviewed the IDO project, they reach the conclusion on consensus voting. They also give votes in selecting and rejecting the project to launch.
Application Process & Project Ailaunchpad
Considers for Launchpad Ailaunchpad considers quality, innovative projects that have a hint of fresh approach. We don’t consider projects lying at the idea stage and have nothing more than a website.
Ailaunchpad is looking to consider projects that have:
Demonstrated their utility,
Finalized the concept with a whitepaper,
Dedicated team for the development,
Marketing & other teams
Their closeness to implementing their ideas with Ailaunchpad
Our mission is clear:
To support and make launch an easy process for high-end projects.
To make everything in a fair and decentralized way for the general public across the globe.
IDO Screening Process Flow
Apply for IDO
Basic Project Information to Apply
Project Name
Description of Team Members & Information
Website
Email
GitHub
Previous Investment Details
Contact Number
Social Media Profiles (Twitter, Telegram, Facebook, Discord …etc.)
Team will review the submitted details and do their initial research and decide to consider the application or not. It will take three business working days.
Team will email about the application status either considered or not.
Due Diligence Q&A with the IDO applicant and document verification. Note: It will take one full day. Please bring all the requested documents on table before the session starts.
After review, applicants will be notified for the next process or rejection.
Next Process: Partner Review. Here, Ailaunchpad partners will also carry out their own due diligence of the approved project. A Ailaunchpad partner will prepare a list of criteria to decide if the project applicant is a worthy addition to Ailaunchpad or not. They would conduct a personal interview with the project team if needs be. If projects are approved— the Ailaunchpad partners are prioritized to take part in the presale rounds of the project when launched. A launch fee for Ailaunchpad partner due diligence will be levied by the platform.
After review, applicants will be notified for the next process or rejection.
Governance Voting for Project Launch
Approve/Reject
Welcome to Ailaunchpad! (If approved)
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