What Makes A Good Blockchain Launchpad?

DeFi is a great opportunity for all investors who want to invest their capital and obtain greater freedom of choice and profits, eliminating the intermediaries who are generally responsible for the lower profits. DeFi is also the tool through which talented project creators can more easily find access to the capital needed to launch their plan and distribute value through their token.

The meeting between the two subjects, however, is hardly possible without the help of a decentralized platform that allows the meeting between supply and demand, between developers and lenders. The meeting point between the parties is determined by the launchpad, an important window in which the two parties can meet and easily communicate with each other in order to find the appropriate interests and agreements. Hence the need for a launchpad platform to create a meeting point

We have seen the birth of some launchpads on Binance or other platforms that have been incredibly successful, sponsored by giants of the crypto market. But unfortunately, even with the launch of the Binance Smart Chain, the number of fake projects has increased incredibly and has stolen huge capital from large and small investors, attracted more and more often by too generous promises made by accounts without any face or name.

The role of an efficient launchpad

In a sea of ​​new projects that arise on a daily basis, it has become increasingly difficult for users to understand, even before the goodness and quality, the reliability of the team that works there. The crypto world in the coming years will be increasingly subject to the presence of fake developers looking for money and then disappearing immediately after the end of the fundraising. It may therefore be increasingly difficult for investors to make capital available for fear of losing everything.

In my opinion, it is absolutely necessary for the platform that selects the projects and sponsors them to carry out a series of checks to avoid any possibility of scams by the team requesting the funds. Greater control by the competent body will therefore discourage malicious parties from participating in launchpads and will likely use their time better to create a concrete and credible proposal, possibly obtaining even more funds legally rather than maliciously stealing them.

Control and selection body such as Loop Ventures are extremely welcome as they have the tools and knowledge to verify data and projects and offer a first in-depth analysis of the documentation presented and taking advantage of the decades-long experience of the team members, it is possible to discover in the criticalities of a project more efficiently. For example, one feature that would likely reduce the possibility of fraudulent entry into the industry is the requirement of KYC by the team requesting such funds.

I think this step is necessary as investors have the right to know the name and surname of those who will manage their money, a face that can identify a nickname. Many projects have no reference to this, no videos in which team members explain what the goal is. I believe it is essential, before any investment, to know the people who are somehow asking for my money. To entrust the risk of a bad investment exclusively to some catchy issue or a well-made Whitepaper, I generally prefer to do absolutely nothing.

This is why I consider the launchpad to be an essential tool also for checking the reliability of the projects presented. In fact, I am convinced that the controls will benefit the launchpad itself as it will offer more and more reliable launches and this will attract more and more users to use their platform. Attention: the control of a project and its reliability will not guarantee that the same project will be successful, unfortunately these forecasts do not depend on the launchpad but on multiple factors, so the investment always remains a risk that must be well calculated by the investor. 

But guaranteeing a high level of reliability of the parties that will participate is a huge step forward for the entire DeFi and crypto sector. Furthermore, I consider it essential to create a malicious database in which all the names of users or fraudulent identities are entered in order to prevent the same individuals from participating in other events and consequently continue to steal funds illegally and fraudulently.

The new Luna Launcher launchpad aims to be a crucial platform not only in the Terra blockchain but also outside it, embracing more and more ecosystems for which it will be a reference point in the crypto sector. The strategic collaboration with Loop Venture demonstrates the team’s intention to create a launch platform with different systems of verification and control of documentation and team members. The main objective will be to allow the launch of carefully selected projects to guarantee investors and the platform itself.

LUNA LAUNCHER

Luna Launcher will also be an example for the other existing launchpads that will be able to observe the countless benefits for the community. A reliable launchpad will attract a large share of working capital and of course will have huge benefits for everyone, including the investors of Luna Launcher and its $ LAUNCH token.

The great news of the Luna Launcher is its interoperability also with the Ethereum, Solana and Polygon blockchains, something that has never been done by existing launchers to date and this is synonymous with the great potential of the platform. The Earth ecosystem is really huge but try to imagine the huge amount of capital out there and the large audience that Luna Launcher is addressing. The moon is not that far away.

Launcher leverages the power of the formidable Loop Community to enrich the environment of information surrounding project launches. Any project can tell you what you want to hear, but that doesn’t help a scrupulous investor make a strategic decision. Harnessing the enormous potential of the authors and the community, the projects that will be launched on the platform will be analyzed by multiple authors and this will contribute to a more in-depth research of the project and broaden the voice to all users of Loop Finance and beyond, explaining with terms simpler even for those who are not very familiar with the topic dealt with.

Furthermore, the authors, through ad hoc bounties created, will be able to earn rewards and obtain guaranteed allocations. A fair exchange for the work done, a fundamental collaboration that can provide further impetus to the projects involved by Luna Launcher.

Blockchain and DeFi are truly incredible tools that can truly change current knowledge of the world of finance and open new horizons to research. But where there is a lot of money, there are always those who will try to steal it in a malevolent way for which it is necessary to build defense mechanisms and automatisms in favor of the community itself.

The task of launchpads such as Luna Launcher will therefore require constant research in order to combat any abuse and ensure transparency for investors. Certainly not an easy role but for this reason I consider the project absolutely unique and with the support of Loop Ventures and the Loop Finance community, I am convinced that in the coming months we will see something truly incredible here on Terra.