What is DexCoyote
DexCoyote.com, a decentralized launchpad delivering services like Initial Dex Offering (IDO), and achieving miracles in this decentralized environment. DexCoyote was registered as a legal entity in the state of Delaware. The platform allows users to create their own cryptocurrency token in several networks, for example, Binance Smart Chain (BSC), Ethereum, or Polygon.
Introduction
DexCoyote is a decentralized launchpad with zero entry threshold that offers services such as Initial Dex Offering in the cryptocurrency zone. IDO is a concept where a project offers its native currencies on a decentralized exchange. A user only needs to go to the DexCoyote website’s Token Maker area, connect their crypto wallet, and choose the Create Token option.
Key Information
DexCoyote served as a hub for creating tokens and conducting their IDO. Also, DexCoyote is a user-friendly platform and has an app that will be available in the google app store. The DexCoyote community has almost 150,000 members, and over 130,000 users participated in AirDrop. Also, DexCoyote recorded more than 15,000 mobile app downloads, 25,000 transactions, and around 11,000 token holders. Further, it has more than 50,000+ social media followers.
DexCoyote also offers a native digital asset called HOWL, which is accessible at Pancake Swap, the most popular automated market maker. There are currently 10 billion HOWL tokens available on the market. 20% of the tokens are set aside for sales, 20% for referral programs, and 5% for project teams.
Core Features of DexCoyote
New projects can simply create and distribute native tokens for their network using the free DexCoyote service. Yes, users can create their own cryptocurrency token on the website using a range of distinct networks, such as Binance Smart Chain, Ethereum, or Polygon.
The created token would be released to the network in 1-2 minutes. and it can only be managed from the creator’s wallet. While creating tokens, it’s possible to add some functions, such as burning or freezing. Also, the application enables users to use IDO or AirDrop to gather an audience for their community in addition to the token generator.
Users Guide
The user only needs to go to the DexCoyote website’s Token generator arena. And need to select the “Create Token” option to connect their crypto wallet. The next step is required to choose the chain (Polygon, BSC, or Ethereum). After entering the relevant information, including the token’s name, supply size, and other data, and ready to start by clicking “new token.”
The procedure will deposit the supply into the creator’s wallet and publish the user’s newly created token on the blockchain. Projects can simply create and distribute native tokens for their network using the “free DexCoyote service”. Only they will impose a fee of 1% of total sales, which is more than 5X times less than comparable with similar projects. After creating new tokens investors can list them and can create IDO and manage them through the website itself.
Further, the DexCoyote platform does an automatic audit of each issued token. On the same website, the token library allows users to check all audits. Also, the application enables users to use IDO or AirDrop to gather an audience for their community in addition to the token generator.
User’s Experience on DexCoyote
User-friendly Interface:
Users are able to use DexCoyote for free to create new tokens. Also, the user-friendly interface of DexCoyote is easy-to-use by anyone in the cryptocurrency community.
Easy App Access:
DexCoyote app will be available on the google play store for android users. Also, it achieved more than 15,000 mobile app downloads.
Token Creator:
Users can create new tokens easily with a range of blockchains such as BNB, Ethereum, and Polygon. The generated tokens will be released to the network in 1-2 minutes.
IDO Service:
Investors can easily create and manage Initial Dex Offering on the website itself.
User Charges:
DexCoyote only charges a fee of 1% of total sales, which is more than 5X times less than similar projects.
Source: https://thenewscrypto.com/review-of-decentralized-launchpad-dexcoyote/