FAQ - Participate to an ILO
ILO stands for "Initial Liquidity Offering". A project may need to raise funds which will be partly used to create a liquidity pool allowing trading to start smoothly and partly to fund the project.
The Unicrypt ILO platform is decentralized, hence any project with an idea and a minimal understanding of blockchain technology can create an ILO and raise funds: Unicrypt does not decide who can list and who cannot. A project is considered high risk when there is no audit nor KYC flag / tick. That being said, an ILO with fully audited smart contracts and a KYCed team does not mean it is a safe investment. Note: KYC information should never be shared not released if the project team fulfilled their objectives.
Always your local time, i.e. the time of your computer/device.