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Launchpool Monthly Report - June 2021
Launchpool Monthly Report - June 2021
The accelerator will work with 10 startups each year, where projects will
receive funding, mentorship from Techstars, Alphabit, and Launchpool,
access to resources, and exposure to a minimum viable community.
Labs will have greater control over all of the different aspects of incubated
projects. The aim is to further ensure that projects develop successfully both
pre and post launch, while looking at long-term commitments from all
stakeholders.
DeFi Summit was a week long virtual event focused on bringing builders &
developers together in a connected space for presentations, round table
discussions, demos and workshops.
Launchpool also presented DeFi Demo Day; a dedicated day where DeFi
projects demonstrated their product, pitch their ideas, and shared with the
community.
10,000 LPOOL Prize Pool
The top 30 users with the highest LPOOL trading volume shared a prize pool
of 7,000 LPOOL.
Users who had a trading volume of 100 LPOOL or more and added
LPOOL/USDT & LPOOL/BTC trading pairs to their Favorites List evenly split a
2,000 LPOOL prize pool.
Allocation
Mining Events
June 2021
niftypays.com @Nifty_Pays NiftyPays
Niftypays is a decentralised NFT liquidity ecosystem. It will allow NFT holders to use their NFTs as collateral or stake their idle
NFTs to earn rewards from different partner projects listed on the platform. Apart from being the core utility token of the
platform, $NIFTY is also a governance token providing delegated voting power to holders of our tokens. There is also a
swap and burn mechanism, ensuring deeper liquidity and solvent buying pressure on the market for $NIFTY token.
iagon.com @IagonOfficial Iagon_Official
As the presence of impactful technology increases, Iagon focuses on the delivery of Decentralized, Cloud Computing and
Artificial Intelligence services. In order to develop the Iagon platform, we continuously use cutting edge technologies,
including machine learning, big data, data mining, decentralized and distributed systems, as well as blockchain
technology.
defieleven.com @Defi_11 Defi_11
DeFi 11 is a defi powered gaming ecosystem for fantasy sports, NFT virtual hybrid world, marketplace, predictions and
betting. The entire platform runs as a chain agnostic solution with a decentralised mobile application. It has a deflationary
token model for $D11 tokens, the value for what is pumped up with every game being played on the application.
Baanx.com @Baanx_BXX Baanx _BXX
The Baanx Group of companies is building the future of financial services. We bridge the gap between fiat and digital asset
technology to create an API platform your company can utilise fast. Our platform enables you to create disruptive, cutting
edge digital products your community can engage with; at a fraction of the cost of traditional banking.
Community
In June, Launchpool provided 2-3x the
amount of investors with allocations than
the average launch platform.
749 1,099
1,043 905
Comments from the Community
This is practiced across the market, and is intended to improve returns for investors, and to
increase the likelihood that projects raise the treasury they require to deliver their roadmap.
With market conditions as they are, we have taken the decision to slow the rate with which we
launch projects from the launchpad. We are doubling-down on our commitment to bring only high
grade projects onto the pad. TLDR? AME frequency down, quality up.
Launchpool, however, is much more than launchpad. As the market moves sideways, we move
forwards. We are building, building, building. We have pulled forward the timings on our roadmap,
and each day we share updates on Launchpool Labs and Launchpool Web3 Techstars
Accelerator. These products are proof that Launchpool is here for the long term, delivering
early-stage investment opportunities for our community not found anywhere else.