RadLock is a project built on the Radix ecosystem, providing services aimed at increasing safety and trust in new projects. The platform offers token locking, team vesting, and a launchpad for new projects. RadLock's mission is to provide investors and project founders with the tools they need to make sound investments.
RadLock allows project builders to lock tokens, showing investors the percentage and length of the lock. This service also extends to liquidity provider tokens resulting from providing liquidity on a Decentralized Exchange (DEX). All locks are made public for investors to view, and RadLock provides a "trust score" for tokens based on various parameters.
Project token owners can create vesting schedules through RadLock, where the release (or unlocks) of tokens are broken down into smaller amounts, ensuring less price volatility. Vesting schedules support teams and provide a multi-signature mechanism to add, remove, and update shares for tokens. All vesting schedules are made public for investors to view.
RadLock allows users to mint tokens through their platform. Tokens can be locked or vested in one action. The launchpad also supports a presale service where project token owners can set a presale price, duration, and target amount to raise.
Holders of the RadLock token ($RLOCK) have premium access and discounts to RadLock services as well as a fee share. Prior to the Radix Babylon release, RadLock gave people the opportunity to get $RLOCK tokens through public presales and airdrops. The total supply of $RLOCK is 100,000,000.
The RadLock team consists of experienced software developers with over 5+ years in software development with varying experiences as contractors, employees, and entrepreneurs. The team includes:
- Snjak: Over 7 years of experience working at an international level in the travel and energy sectors.
- Talesofbeem: A software developer with over 6 years of experience in the financial industry, particularly in payments and trading platforms. He is passionate about programming languages and Scrypto.
- Slysmik: A creative director with over 20 years of experience working with high-level international clients in both private and public sectors.