NovaSeeds: How they are redefining equitability with their IDO

NovaSeeds is launching on 24 May, Friday. Coinlive is here to bring you an exclusive introduction to NovaSeeds and what's in it for you!
NovaSeeds is at the forefront of ecosystem building on the Mantle Network, dedicated to democratizing complex trading tools and empowering users of all levels to confidently navigate the world of decentralized finance. With a mission to create a low-barrier, fair financing, and trading environment, NovaSeeds aims to support users and project teams on the Mantle Network through an open, transparent, and multi-chain platform.

Innovative Composite IDO Issuance Model
NovaSeeds offers a composite Initial DEX Offering (IDO) issuance model to cater to diverse project needs and user preferences, while maintaining their initial goal of creating a low-barrier, fair financing and trading environment for all users. The composite IDO issuance model NovaSeeds has culminated in composes of not just the conventional lottery model, fair-share model, and first-come, first-served model. The highlight of the composite model comes in the form of the hybrid of the Fairlaunch model that has been greatly popularized by Binance, as well as the Liquidity Bootstrapping Pool (LBP) model, both of which we will discuss in greater detail.

The Fairlaunch Model
In the Fairlaunch model, users spend specific tokens to mint tickets, automatically entering an independent lottery within the block of the minting action. This minting event spans several blocks, with one major prize drawn per block. Tickets that do not win the major prize still benefit by sharing the fair-share prize pool of the project. This model ensures broader participation and a more equitable distribution of ownership and influence.

The Liquidity Bootstrapping Pool (LBP) Model
Liquidity Bootstrapping Pools (LBPs) are the most efficient, DeFi native, and fair way to build a token's initial liquidity pool and establish its market price, while widely distributing the token and building a strong community in the process.
LBPs are pools that can dynamically change token weighting. The pool typically begins with the project tokens being offered at an initial price much higher than what is believed to be a fair price (up to a factor of 99). The tokens are then progressively released at a decreasing price, where investors then buy the tokens when they feel the price is fair, until market equilibrium is reached. This ensures the availability of tokens for users to purchase at any point, and the potential for arbitrage trading allows for the price of the tokens to become self-regulated.
The LBP model helps tackle common issues such as bots and whale users hoarding assets at launch. By mitigating these challenges, the LBP model fosters a more equitable participation experience for ordinary users, promoting fairer and more inclusive launches.

Future Prospects and Platform Activities NovaSeeds is committed to hosting a variety of rich and fair platform operational activities that benefit its users. Looking ahead, the platform plans to integrate more product capabilities, offering a diverse and comprehensive product experience. NovaSeeds is confident in bridging the investment, trading, and marketing of the ecosystem via the aforementioned means. NovaSeeds is not just a solution provider; it is a catalyst for innovation and inclusivity in decentralized finance. Through its cutting-edge models and user-centric approach, NovaSeeds is poised to make significant strides in building a fair and accessible ecosystem.