UpliftPrice

(LIFT)

Uplift is a decentralized autonomous organization (DAO) and an IDO (Initial DEX Offering) launchpad platform. It aims to streamline early-stage investing for blockchain-based projects, providing users access to early-round opportunities in the Web3 space, which are often exclusive. Launched in November 2021, Uplift seeks to bring together enthusiasts inspired by DeFi investment opportunities and foster a safe, dynamic, and self-sustaining ecosystem for projects and investors.

LIFT is the core governance and utility token within the Uplift ecosystem. Its primary uses include staking for yields from supported projects, gaining allocation to the lowest price presale rounds of projects, and exercising governance voting rights. Holders can also benefit from various incentives, including a booster program and referral rewards. Participation in IDO events requires holding LIFT tokens, with a minimum of 100 LIFT needed to propose updates or new projects for community voting.

Uplift differentiates itself by leveraging deep industry expertise, community-building knowledge, and marketing experience to hand-pick revolutionary projects and establish long-term relationships. It emphasizes setting a high industry standard for user experience, bringing new knowledge, and fostering partnerships. Uplift also implements thorough due diligence for projects it backs and offers "Investors Insurance," providing a full refund if a token's price drops significantly within 24 hours of the Token Generation Event.

Uplift operates as a Decentralized Autonomous Organization (DAO), empowering LIFT token holders to actively participate in the platform's evolution. Token holders can propose updates to the protocol and suggest new projects for backing. The community then votes on these ideas to decide which projects to support and how to incubate and accelerate them. Anyone holding a minimum of 100 LIFT tokens can make and vote on proposals, ensuring a community-driven decision-making process.

Uplift ensures project quality and safety through extensive due diligence before approving any project on its platform. It also offers "Investors Insurance," providing a full refund if a token's price drops within 24 hours of the Token Generation Event. The platform implements a Know Your Customer (KYC) process, a global financial regulation, to ensure tokens are not sold to unauthorized users and to maintain compliance and security within its ecosystem for all participants.

To participate in an IDO (Initial DEX Offering) on Uplift, users typically go through a whitelisting process. This involves completing the Know Your Customer (KYC) verification, which is required for each specific IDO. Participants must also stake LIFT tokens, as holding a minimum amount is essential for access. After fulfilling these requirements, users register for participation. IDOs generally occur in two rounds: an exclusive round, often for higher stakers, followed by an open round, aiming for balanced access.