Kirill Sagitov, the founder of Lama Group Inc., set aside $150,000 for payouts to customers as insurance in the event that DexCoyote fails. These payments will be made using the suretydex service and decentralized smart contracts.
A decentralized launchpad with no access barrier is DexCoyote. The startup recruited 11,000 token holders in under two months, completed 25,000 transactions, and had more than 85,000 people use its AirDrop feature.
The firm has already received at least ten offers for the sale of, or merger with, other blockchain-related businesses, with a total valuation of over $3 million.
The marketing team was able to bring in more than 34,000 subscribers to the social networking site, 462,000 watchers, and 7,000 users who became HOWL token holders in just two weeks.
Around general, DexCoyote assets will start to unfreeze in March 2023. Suretydex will reimburse consumers up to 50% of their investment if the project declares a collapse or is unable to supply the necessary liquidity.
Suretydex will transfer assets to DexCoyote if the project progresses as planned and we are able to fulfill our obligations to investors.
Live updates on the community’s good vibe were given by project adviser Kirill Pegov, who also discussed the product team’s next, more ambitious aims.