
Welcome to #IgniteTheChain, where swift meets smart to #IGNITE a brighter future. Linktree: https://teapaw.org/t.co/eZKf7TsYJ7
Joined June 2023
- Tweets170
- Following24
- Followers994
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Ignite The Chain retweeted
🔥Ignite Update🔥 $IGNT
🗓️On Wednesday the 8th several major events are happening for @IgniteTheChain!
✅ Projects that haven't migrated will have their liquidity changed from ETH to IGNT. This feature will result in a lot of buybacks over time.
✅The dashboard that includes charting goes live
✅The revenue share program launches
✅The project listing feature goes live
▪️These guys are still continually building this useful working product. They have been thoroughly audited, are KYC'd, and true professionals within the space.
▪️ $IGNT has 3xd off the lows since we found a bottom, but it's still a micro-cap at 450k. I still hold every token.
Ignite The Chain retweeted
$IGNT - truly innovative launch platform
I can see this CRUSHING as the market comes back into bull 💵
It allows devs to launch projects without fronting any LP - why is this beneficial?
• No presales required which means no fat presale allos to be sold off heavily 🧠
• No ETH out of pocket from teams required - this can help devs who are technically sound but not ETH rich launch without having to gather funds
• No price decay like copperlaunch / LBPs. LBPs are a way to launch without a private presale, but there is price decay which makes fair value tricky - this platform eliminates that 🦾
The team also has plans for revenue sharing to holders via taxes and fees
The mechanism by which it works is "simulated LP" - what's this mean?
When teams launch they must provide liquidity into a pool, then buyers put their ETH in the pool when they buy, and take tokens out, similarly when they sell they take ETH out of the pool, and put tokens in.
$IGNT works differently by using no initial LP, and simulating a launch price and mcap. Buyers then deposit ETH into the pool as they buy, and take it out as they sell, thus forming the liquidity pool.
Devs can choose to launch with custom contracts or pick one from the $IGNT platform that is audited and safe.
They also can choose what they want taxes to be. After launch, if the dev who launches chooses to migrate to Uniswap, the taxes gathered from buyihg and selling can be utilized to replace the "simulated LP" that the token was launched with.
The remainder of the LP pool will be migrated to uniswap as well. Also, normally taxes gathered cause the contact to sell tokens, but this platform mitigates contract sells and just gathers ETH directly, which reduces sell pressure.
TLDR - $IGNT lowers the barrier to entry for launching tokens, benefits holders via profit sharing, and allows teams to launch without fronting money.
I see nothing but benefits, especially as we run into a bull where many devs will want to launch.
There is plans for the platform to emerge into much more than a safe, innovative way to launch 👀
1 mil mcap 🦍 I'm booolish 💹
Ignite The Chain retweeted
We are happy to announce that we have completed the smart contract audit for @IgniteTheChain.
The contract does not contain issues of high or medium criticality.
Check out the full audit report here:
github.com/solidproof/projec…
Need an audit or KYC?
solidproof.io/contact
#BlockchainSecurity
Ignite The Chain retweeted
Podcast is out! @MrFoliash from @IgniteTheChain joined us this week. He was very informative and shared what makes them very unique. Our friend @frizbme from @VitreusChain got the spotlight on HOLLITIVITY this week. Enjoy!
youtu.be/qq9lE5U_3TM





