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UpLift to Launch Its Second IDO
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UpLift to Launch Its Second IDO

Ruby Layram
Ruby Layram
January 31st, 2023
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UpLift platform has announced the upcoming launch of the second IDO on the platform – the AMM DEX Jumbo Exchange. This comes after the firm has begun setting out to become the first launchpad with a massive community of 1 million active participants.

Uplift has previously launched it’s first successful IDO for a revolutionary NFT marketplace YouMinter. Tje IDO had an astounding 273,136.38 UMINT selling out before the official TGE. UpLift is now aiming to reach even greater heights by setting out to raise $109,999 for a NEAR-native AMM DEX Jumbo Exchange.  

The new AMM DEX Jumbo Exchange is a decentralized exchange platform and automated market maker. The exchange aims to deliver the most intuitive experience you will ever have! As the adoption of decentralized exchanges grows, there is a disruptive opportunity in the market for a DEX offering higher degrees of reliability, as well as easier access for everyone looking to trade, swap, and stake digital assets.

Jumbo Exchange is a native project for the NEAR network and is positioned as an AMM DEX. This means that the exchange will provide seamless user experience by implementing turnkey solutions for a fast and effortless exchange process for everyone. An intuitive design and user-friendly interface with immediate visual feedback and context-based instructions at each interaction with the exchange ensure a flawless user experience.

Jumbo Exchange allows fast swaps, smooth pool transitions, and instant access to permissionless liquidity pools. The platform ensures quick and easy onboarding for users who have no prior experience with decentralized exchanges as well as making it possible for anyone to become a liquidity provider without any complications. This could open up the market to a whole new wave of traders.

About UpLift

UpLift is a launchpad positioned to become the leading platform for disruptive projects and retail investors to come together. 

The launchpad has set an ambitious goal to become the first of its kind with a community of 1 million active participants. The platform is backed by Ikigai Ventures – an early-stage VC fund unlocking the growth potential of startups scaling in Blockchain, Esports, Fintech, and Gaming. Having raised $450,675 in its first IDO, the UpLift platform incubates, launches, and accelerates the most promising projects in the DeFi.

Contributors

Ruby Layram
Ruby is a writer for Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. Ruby has been a professional personal finance and investment writer for 2 years and is currently building her own portfolio of altcoins. She is currently studying Psychology at the University of Winchester, specialising in Statistical analysis.