In the event that DexCoyote fails, Lama Group Inc. founder Kirill Sagitov has put aside $150,000 for insurance reimbursements to subscribers. The suretydex service and decentralized smart contracts will be utilized to make these payments.
The integrated decentralized Launchpad on the DexCoyote platform enables not only the creation of a coin but also the beginning of its inaugural sale. A token’s creator must add the token to the platform’s shared smart contract, send tokens to it, and establish the price for each token in the network’s Monet before the token may begin trading on the Launchpad.
In its first two months of operation, DexCoyote drew more than 40,000 people throughout its advertising campaign. Over $270,000 was invested in the product at launch, and by 2022, the firm was worth over $5,000,000. Over 11,000 persons own firm assets, and the project has a combined audience of over 90,000 users and 1,000,000 visits.
DexCoyote assets will generally begin to defrost around March 2023. If the project declares bankruptcy or is unable to provide the required financing, Suretydex will refund investors up to 50% of their investment.
If the project goes as planned and we are able to satisfy our obligations to investors, Suretydex will transfer assets to DexCoyote.