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@miniature-tiger
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The launchpad will only ever accept CUB for the IDO process. This means that CUB will gain a brand new utility as the only trading vehicle for brand new tokens that are about to launch. CUB Hodlers get first crack at everything that goes through the launchpad and non-CUB hodlers will need to buy CUB on the open market in order to trade it for the IDO token.

This is very cool. More utility for CUB is definitely the right direction!

Does the CUB used in the IDO go to the company launching the token (i.e. the CUB is the funds they are raising through the IDO)? Won't they need to sell this CUB to finance their business?

I've seen other IDOs where the launchpad coin (i.e. CUB) gives the right to purchase the IDO token, but in another currency, e.g. USDT. This could bring buy pressure for CUB without the sell pressure described above.

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