Be Safe Out There!
Before participating in any kind of sales please do your own research!
Last updated
Before participating in any kind of sales please do your own research!
Last updated
GemPad and it's product Solsale are decentralised launchpads, empowering anybody to list their projects and anybody to invest. We do not require project owners or investors to KYC. GemPad implemented "safety" badges like Audit, KYC and VETTED, which gives an extra layer of security to investors. To spot a sale that is *generally safer, look for KYC, AUDIT or VETTED badges.
Moreover check if the sales liquidity is auto or manual. Manual Sales can pose a risk because the project owners handle 100% of raised funds themselves, meaning they need to manually list the project on a DEX (Decentralized Exchange like Raydium).
Automatic sales will always launch the project on DEX automatically and lock or burn % of the raise that is used for liquidity.
By participating in any kind of sale you are agreeing that you understand the risks and nothing GemPad/Solsale or any of GemPad's representatives say should be taken as Financial Advice. We always advise our community to DYOR.
NOTES
*While GemPad's additions to sales have made them safer they are not without risks. Please only participate in the sales with teams you trust or know.
GemPad is always happy to cancel any type of sale to protect the investors. For any kind of reports please use group or read more
