Unvest, Multi Chain DeFi Marketplace for Locked and Unvested Tokens

Anastasia
SafeLaunch_io
Published in
4 min readJul 21, 2021

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SafeLaunch’s Community Private Funding Round launches on 23d July 2021, whereby our community can participate in the Unvest ($UNV) token launch. Community members get to purchase Unvest tokens at a lower and attractive rate compared to the subsequent Initial DEX Offering (IDO) and public sale.

About Unvest

Unvest is a marketplace that recognises institutional and retail interest in newly launched tokens. Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs) and Initial DEX Offerings (IDOs) attract the most attention. The widest margin of gains are often made by participating in newly launched tokens. This platform takes traditional funding further than before by allowing locked and unvested tokens to be minted as Liquid Vesting Tokens.

Liquid Vesting Tokens take the rights of the original tokens. These Liquid Vesting Tokens are then divided by instalments, sent to the investors and can be freely and openly traded. On maturity the holder of the Liquid Vesting Token can redeem it for the original unlocked token via the Liquid Vesting contract.

Two other major components to the platform will also be launched within this year. Liquid NFT and Unvest Marketplace are unique innovations to allow for better liquidity by providing tradable block-by-block linear vesting in the form of Non Fungible Tokens (NFTs) and a marketplace for acquisition of interests and access to partake in locked allocation for popular tokens.

Key Features

  • Tier 1 Advisors including Sundeep Krishna (TrustSwap’s Core Team), Jonathan Toon (Facebook, Forest QA), Dr Deeban Ratneswaran (CEO and founder of GD10 Ventures)
  • Supported by tier-1 partners such as Magnus Capital, Zokyo, CinchBlock, Vellau Ventures and AU21 Capital.
  • Allowing locked and unvested tokens to be traded freely and openly.
  • Allows for participation into exclusive allocations for popular tokens.
  • Provides an avenue for liquidity by trading interests in project tokens in a transparent and secure platform.
  • Early investors can divest interest without dumping on the community.
  • Unvest’s solution allows for a single asset to be traded multiple times. This is not currently possible with existing OTC markets.
  • A solution to boost liquidity for founders and early investors.
  • Liquid NFT allows for trading of locked tokens in an NFT.
  • Composable, compatible with the rental market and can be fractionalized.

Funding Rounds

The token drive is aimed to raise $799,400, with a maximum supply of 1,000,000,00 tokens. The circulation supply after the Token Generation Event (TGE) is at 28,550,000. Investors can participate in the private launch through our platform for UNV tokens at $0.0225/token.

Angel & Seed $0.0125–5% TGE 12 months’ vesting with 4 quarterly instalments

Private $0.0225–7% TGE 9 months’ vesting with 3 quarterly instalments

Launchpad $0.0280–30% TGE 90 days’ vesting with 1 quarterly instalment (lottery with small ticket sizes only)

SafeLaunch tiers

Peddler — 300 SFEX — 1x Base Allocation

Hustler — 500 SFEX — 2x Base Allocation

Merchant — 1500 SFEX — 4x Base Allocation

Wholesaler — 3000 SFEX — 7x Base Allocation

Broker — 6000 SFEX — 10x Base Allocation

Tycoon — 24000 SFEX — 18x Base Allocation

Monopoly — 48000 SFEX — 50x Base Allocation

A snapshot will be taken leading up to the raise and, an hour before, all qualifying addresses will be whitelisted without the need to fill any form.

The Team

The team consists of a balanced group of engineers, designers and product managers with experience in the forefront of the DeFi industry. Kiran Matthews, founder and Chief Executive Officer (CEO) has been in the software industry for 10 years. He led the product team at Termius, A Y Combinator company backed by Initialized Capital (the first institutional investor in Coinbase). Termius also received an unpaid endorsement from Steve Wozniak (co-founder of Apple). Klaus Hott Vidal is the Lead Smart Contract Developer, with depth of experience as a Solidity Developer and is also a blockchain security expert that authored and audited contracts that dealt with billions in volume. Klaus develops Prettier Solidity, a key tool used by Uniswap, Bancor, Open Zeppelin and other major platforms around the world.

Unvest also boasts a diverse pool of talents the likes of Arlen McCluskey (formerly at Google and Airbnb), Alan Soares (Lead Full Stack Developer), James Rohloff (Chief Operating Officer) and Alysson Bortoli (Full Stack Developer).

Tokenomics

Circulating $UNV token supply will be kept under 29 million for the first 3 months after the Token Generation Event (TGE). The market capitalisation at launch will be below $800,000 and no new investor tokens will be added to circulation until the first vesting is unlocked. But Investors can freely trade and transfer $UNV tokens through Liquid Vesting without affecting the main Uniswap liquidity pool or any CEX for $UNV.

Investors will receive the full balance of Liquid Vesting Tokens at TGE. Liquid Vesting Tokens can be traded 1:1 for $UNV after the vesting is over. Trading is facilitated via trustless on-chain atomic swaps via Airswap. The unique tokenomics will mean that many of the tokens maturing after the unlock date will not be owned by the early investors that purchased at a reduced price. The function of the Liquid Vesting Tokens provides a less volatile price action as most Liquid Vesting Tokens would have been traded at prices that converged with market price of $UNV when maturity approaches. In short, it lessens the impact of a sell pressure.

Links

Website — https://www.unvest.io/

Twitter — https://twitter.com/unvest_io

Telegram — https://t.me/unvest_io

Medium — https://unvest.medium.com/

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