How it works

Where a contribution goes

A contribution is sent from your wallet to the sale's own contract and stays there until the sale closes. The team cannot withdraw it early. Neither can Cosmo: there is no function for it.

Three ways a sale sets its price

Fixed price

Everyone pays the same price until the hard cap fills. It can launch the moment it fills.

Fair launch

A fixed amount of tokens is split by each wallet's share of the coins put in. Everyone ends up paying the same price, and the pool lists at that price.

Overflow

One price and a target. Anyone can put in more than the target; when it is passed, every wallet gets the same share of its order and the rest of its coins back.

The exchange price at launch can never be lower than the sale price. A presale buyer does not start out below what they paid.

The timeline of a sale

1. Notice. A sale is listed the moment its developer creates it, and opens 24 hours later. With a KYC request it opens after three days, so the documents can be checked first.
2. Open. It runs for one day to one month. A fixed-price sale that fills its hard cap can launch at once.
3. Launch. Once the soft cap is met and the sale has closed, the contract lists the token on the chain's exchange (PancakeSwap, Uniswap V2 or QuickSwap), pairs part of the raise with tokens, and burns or holds the liquidity. Anyone can trigger this step, so nobody can hold it back.
4. Claim. Buyers claim their tokens, all at once or on the vesting schedule the sale set. The developer receives the rest of the raise at launch.

When a sale does not launch

• A sale with a minimum that falls short refunds everyone: each wallet takes back exactly what it put in.
• A sale without a minimum launches with whatever it raised.
• If nobody launches the sale within seven days of its close, for instance because the token blocks transfers, it switches to refunds by itself.

Liquidity that stays put

At least 51% of the raise becomes liquidity. In the launch transaction the liquidity tokens are either burned, so the pool can never be emptied, or held by the sale contract itself for the time the sale showed from its first day: 30 days to three years. Only the developer can take them out, and only after that date.

What nobody can change

• A developer cannot edit a sale once it is on chain, and can cancel it only before it opens.
• The platform fee of a sale is fixed when it is created.
• Cosmo's admin wallet can cancel a sale before it launches. Cancelling can only send money back to the people who contributed. After launch the admin can do nothing.
• On the website an admin can hide a listing or correct its text. That changes what this site shows, never what the contract does.

Tokens made here

The token creator makes a plain token with no tax, no blocklist and no pause switch. Whether more can be minted, and whether anyone owns the contract, is fixed at creation and shown on every sale page. For tokens deployed elsewhere those tags stay off, because we cannot vouch for code we did not write. A token created together with a presale costs nothing: the sale makes it in the same transaction.

What the badges mean

• KYC means an admin checked the team's identity documents. It says nothing about whether the project will succeed.
• Audit means the team linked a report. Read it.
• Votes, comments and karma come from accounts tied to a Google, Apple or email login, one voice per person.

What this does not protect you from

• A token can go to zero after a perfect launch.
• A token deployed outside the creator is its team's own code, and may behave in ways the sale page cannot show.
• Liquidity that unlocks can be withdrawn by its owner on that day.
• Nothing here is investment advice.