GEM Searchers program

An excellent way to engage our community with the protocol and earn extraordinary commissions

3 min readJul 11, 2022

Are you an active DeFi user? If you navigate the DeFi landscape through Twitter, Telegram, and Discord, you probably come across good projects with innovative concepts, talented teams, and high growth potential.

DxLaunch nurtures every time a project applies for a presale on our platform, increasing the visibility of the protocol and opening new opportunities for the community. We have Scouters on our team searching for projects, but we want our community to also have an active role here.

So, what is the GEM Searchers program about?

Everyone will be able to introduce a project to the DxLaunch team, by contacting @Mx_Astronaut on Telegram. He will add the name and links to our database, and create a group with the project owners if it’s necessary to follow up on that case.

If the project gets approved and the project gets a presale on DxLaunch, the person who introduced the project will earn 1% of what’s raised on the presale.

Comissions are usually between $500 and $2,500 US dollars, which will be paid right after presale ends in BUSD tokens.

What to look for on a project?

We have prepared some important suggestions that will be really useful for GEM Searchers so that they can spot the best projects and earn big profits.

Roadmap

As we are all here to see the project grow, is very important to see what are the future plans of the project. An ambitious roadmap shows good chances of experiencing great growth, but be careful, it’s very important that the milestones are realistic and achievable.

Community

One of the most important aspects of a DeFi project is its community. People from all around the world have access to multiple DApps, and some of them have really good products to offer. But sometimes that’s not enough to achieve success.

A community with individuals that know and understand what the project is about, what is it trying to solve, and how it intends to achieve it, is essential to survive in this volatile industry.

Audit & KYC → Security

On one side, an audit is a must for every DeFi project. Not everyone can read contracts, but luckily there are companies that do that work and traduce it into simple reports where they share what vulnerabilities they have found suggestions to solve them and more.

It’s important to check that there are no high-severity issues unsolved, and that the audit company is serious. | Our security partners → Certik, HashEx, RugDoc, DeFi Shield, Paladin.

KYC is the process where the team behind the project reveals their personal identities. Even though this is not essential, it can be a bonus that works as an extra layer of security.

Supply → Fixed or inflationary

By participating in a presale, you are not only betting on the success of the project, but you are also doing it on the price of the native token of that project.

Minting new tokens does not mean that a project will not succeed, but it’s important to take into consideration that it will probably lead to an increase in the selling pressure of the token, and have a negative impact on the price.

Having a fixed supply and not minting any new tokens after launch is a very valuable aspect in terms of future price growth expectations.

Development resources

All these projects are backed by blockchain technology. They all have websites, smart contracts, and different kind of features that are what provides value to the users.

Navigating and exploring the project website before voting (if the website is live) is a great way to analyze whether there is an advanced dev team behind it and have a more accurate estimation of whether they can achieve the milestones they propose or not.

These are some aspects that we consider important for a project to get approved, but there are certainly more. Go ahead and introduce as many projects as you want, it’s free and you can earn big profits with this.