Crypto launchpads, also known as crypto incubators, are platforms that allow blockchain-based projects to raise capital while giving access to early-stage token sales for their group of investors. Getting access to early-stage sales means a bargain price for the investors before the public launch on the market. Also, because the cost of launching in a crypto launchpad is low (or insignificant), increasingly more projects are heading towards launchpads for fundraising.
Launching a project through a launchpad offers security to both founders and investors. Top crypto launchpads have a rigorous vetting process for new projects, while a KYC (Know Your Customer) process is usually performed by a third party as part of new users’ verification. Additionally, launching the project through a launchpad provides new founders with access to a community of crypto investors and enthusiasts, ready to explore a new project. Launchpads provide regular investors the opportunities that were previously only available to venture capitalists and other large-scale investors.
AdLunam IDO Launchpad
With the severity of what makes Launchpads significant, AdLunam has made amiable feats as the only IDO launchpad that rewards everyday engagement on its space through engaging activities by its users where they also earn as well. More to this, it is the first launchpad that offers allocation through Proof of Attention unlike other Blockchain consensus patterns like Proof of Work, Proof of stake, and others. One key fact to note here is that, comparatively, many other projects don’t provide the opportunity to receive allocations and airdrops from activities like posting, commenting, liking, voting, creating content, and referrals, AdLunam however has all these features in motion.
The unique system of AdLunam is such that an investor’s value which is a combination of their engagement score and wallet score is represented as a dynamic NFT (dNFT) which serves as an investor ‘passport’ in the AdLunam ecosystem. This dNFT is what qualifies investors for airdrops, allocation, community rewards, ambassador programs, and influencer programs.
Exciting Features Used by Launchpads
One of the major hubs where Launchpads are proliferated as they house thousands of members is a telegram. This will however not be feasible if the communities are not well organized. Existing launchpads typically use the following workflow:
- Be on the Whitelist
- Investors whitelist
- Projects to be launched getting oversubscribed based on strategic mechanisms deployed by the launch pads.
The Big Gig with AdLunam
Having gone through the features above, there’s a lot more in the offing with AdLunam as it does not serve as a Launchpad but rather as a community with a Launchpad. 30% of AdLunam’s allocation mechanism is based on the Engage to Earn model. In short, the more you are a ‘good actor’ and engage with the project, the higher your rating and allocation. These are exactly the kind of investors projects look for. The AdLunam ecosystem rewards what can be seen as typical industry behavior. AdLunam is democratizing crypto in the exact same manner as the industry was built to function.
Just like Polygon has remained a strategic game-changer by solving the issues of gas fees as against what Ethereum fees entail in the crypto space. Projects launching on AdLunam can leverage the seamless user experience that Polygon’s scaling brings to the table.