What Is UpLift (LIFT)?

UpLift is an IDO platform that seeks to offer various possibilities to traders focusing on backing up-and-coming cryptocurrency projects. IDO (initial DEX offering) is a process to raise funds from traders via decentralized exchanges (DEX). The key purpose of this asset is to help in the overall growth of start-ups by introducing them to an open market of potential traders.

UpLift seeks to enable start-ups with the help of community-based capital deployment. This platform aims to level up the DeFi system by opening prospects for continuous gains. Three main parts of UpLift are the incubator, launchpad, and accelerator.

First, incubators help potential projects in the difficult stages of their development and provide services like marketing, funding, advising, and more. It exposes the project to initial business infrastructure and traders. Contributors foster incentives and are rewarded with LIFT tokens in return. LIFT token holders get a chance to participate in presales at the project incubation phase and have the right to engage in the platform's governance.

Second, launchpad facilitates fundraising by showing users' projects to the community. Launchpads help blockchain-based projects raise capital and give access to initial-stage token sales. The IDO model offers an accessible token allocation with vast opportunities for lower listing costs, asset management, and enrollment. IDO is controlled in two rounds: open and exclusive.

Last, accelerator helps in providing the investment capital to a project in seed and private stages. The capital is delivered through UpLift Venture Fund, community leaders, and VC partners. LIFT holders are incentivized to engage in platform governance, promotional activities, and yield farming opportunities. UpLift has accelerated its post-launch momentum by building various community-based incentives. These include bounties, referral programs, and farming.

• Bounties are a collection of how-to/learn-to tutorials, social media activity, Medium/YouTube content, and community management, which can be accessed in exchange for token rewards.

• A referral program is a two-tiered program that facilitates a regular flow of rewards from IDOs, farming, and bounty programs.

• Farming provides the advantage of staking or liquidity mining programs with referrals and lockups, increasing the project's token utilization.

History of UpLift (LIFT)

UpLift was launched in 2021 with Alex Melnichuk as its product lead. UpLift is a team of marketers, KOLs, influencers, and venture capitalists with vast experience in the industry.