# LAUNCHPAD (ILO )

Launchpad (ILO) is a menu within indoswap for the issuance of tokens for small industries as a medium for crowdfunding (equity crowdfunding) on a P2P basis

## condition :

Requirements to start selling the shares of the small industry must have a legal entity

Maximum share sale is 12 months

And in the sale of share rights a maximum of only IDR 2,000,000,000 (two billion Rupiah) / $200,000

Must have their own website and active social media for regular reporting to token holders.

Full sale (max supply) is done in the URL menu at this link

## SOFT CAP 

explanation of soft cap: soft cap is the minimum limit reached, if the purchase achievement until the sales deadline is below the soft cap, the token will be fully returned to the buyer and considered void.

## HARD CAP 

Explanation of hard cap: Hard cap is the maximum limit for sales, after the hard cap is reached, the sale is considered complete and will be sent to the publisher.

## Purchase

All purchases for small industry Tokens use IDS as a bridge token in disbursement of funds. which is all at the decision of the IDS token holder community.