Launchpool: Noun-a group of participants in the cryptocurrency industry, bringing together resources to launch projects. The concept behind the project is to bring investors together and unite everyone to benefit everyone and the project. Every investor has the same foothold and receives the same incentives to see the development of the project, which will improve the collective rather than a few individuals (which is usually the case). This project has nothing to do with Binance or Binance Launchpool.
Launchpool is one of the most exciting projects in the pipeline recently. There are some real big shots behind LP, who have been gaining support in every corner of the industry.
This is achieved by bringing together some famous people in the space. Each fund will provide part of the transaction process to the Launchpool community at the price it pays and the same attribution terms; this is what makes everyone stand up and provide transparency in the token economics of each project.
The currently registered funds are:
Alphabit, Alpha Sigma Capital, FBG, GBIC, Jun Capital, Master Ventures and A195 Capital.
Ultimately, no way for these funds to share their purchases will not provide a huge opportunity for the broader crypto community. It not only shows the community which latest projects the fund believes will be successful, but it also enables them to benefit from the same level.
Benefits for the project and investors
The most interesting part is how much it will benefit those accepted projects. Not only will the project be opened by some of the most well-known funds in the field, but as the community expands, they will also gain more and more contacts. One can also see that this enables greater cross-community growth because LPT will incentivize investors to support all projects that have been accepted.
The startup pool token is your gateway to this exciting ecosystem. By staking your LPT, you will get a percentage of the equivalent token provided by the project. For example, if you bet $1,000 in LPT and the total value of the pool is $10,000, you will have the opportunity to buy 10% of the tokens from the new project. Launch Pool also limits the total bet amount per wallet to $2500, which helps to provide more people with the opportunity to purchase and spread the potential benefits, not just let them end up in the hands of a few big whales .
Twitter – https://twitter.com/LaunchPoolxyz
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