丰密|Nov 04, 2025 10:59
‘Community Round Refund Redemption Mechanism’
Key point: Within 30 days after TGE, if MMT drops below the fundraising price, users who haven’t withdrawn their tokens can redeem their principal.
In other words: if I participated in the token offering, it’s essentially a principal protection mechanism. If I haven’t withdrawn my tokens from the Buidl platform, then I qualify. This is a form of protection and also shows how Buidlpad is setting a new trust standard for the Launchpad industry, forming a stark contrast to the massive losses from token launches on a certain K platform a few days ago.
Buidl seems to operate from a user-centric perspective, protecting users and paying close attention to its reputation.
Also, to be honest, just discussing here—currently, the KYC process on token launch platforms is basically just for show. While it meets compliance requirements, it hasn’t solved the ‘relationship-contribution’ issue.
How to accommodate more people while retaining long-term supporters and actively engaged core players in the ecosystem is a real challenge. The pie is only so big, and everyone wanting a piece makes it pretty tough...
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