Launchpool : noun – A group of crypto industry participants who pool together resources to launch projects. The concept behind the project is to bring investors together, aligning all for the benefit of everyone and the project. Each investor is put on the same footing and given the same incentive to see the project grow, this will result in the betterment of the collective rather than a few individuals that is often the case. This project is in no way affiliated with Binance or the Binance Launchpool.
One of the most exciting projects brewing recently is Launchpool. With some really big names behind it LP has been gaining support from every corner of the industry.
This was achieved by bringing some of the biggest names in the space together. Each of the funds will provide part of their deal flow to the Launchpool community at the same price they paid and under the same vesting terms; this is what brings everyone onto the same footing and provides transparency in the tokenomics of each project.
The funds currently signed up are:
Alphabit, Alpha Sigma Capital, FBG, GBIC, Jun Capital, Master Ventures and A195 Capital.
Ultimately there is no way that having these funds share their purchases won’t provide a huge opportunity for the wider crypto community. Not only does it show the community which of the latest projects funds think will be successful but it also allows them to be exposed to the upside from the same level.
The Benefits for Projects and Investors
One of the most interesting parts of this is how much it will benefit projects who are accepted into the pool. Not only will projects have doors opened by some of the most well known funds in the space but they will also have access to an ever growing list of contacts as the community expands. One can also see this allowing much more cross community growth as the LPT will incentives investors to support all the projects that have been accepted into the pool.
The launch pool token is your gateway into this exciting ecosystem. By staking your LPT you are provided the equivalent percentage of tokens on offer from the project. For example if you staked $1,000 of LPT and the total value of the pool was $10,000 you’d receive the opportunity to purchase 10% of the tokens on offer from the new project. Launch pool has also limited the total staking from each wallet to $2500 helping to provide more people an opportunity to buy in and spread the potential gains, not just allowing them to end up in the hands of a few large whales.
Telegram – https://t.me/launchpoolxyz
Twitter – https://twitter.com/LaunchPoolxyz
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