Launchpool : noun – A group of crypto industry participants that pool together resources to launch projects.
This project is in no way affiliated to Binance or the Binance Launchpool.
Alphabit, one of the first regulated digital asset management funds, has recently confirmed a partnership with Launchpool, intending to build on their established communities. Launchpool is a new blockchain based project that realigns stakeholder incentives to create a more egalitarian investing experience. Using the LPT token, the native cryptocurrency of the Launchpool platform, investment funds and platform users both see benefits, creating a system where ‘the sum is greater than its constituent parts, and projects are a success for all’.
Value for All Stakeholders
This partnership will allow entrepreneurs, investors, marketers, and traders in the Launchpool community to gain access to a fragment of Alphabit’s future investments at the same rate as the investment fund. Before the launch of a platform of this magnitude, regular project evangelicals couldn’t gain access to investments at the same rate as funds, but Launchpool enables fair and equal investment opportunities for everyone involved. This empowers users in a previously untenable way, giving them the same access as would be granted to an investment fund managing hundreds of millions or billions of dollars.
Launchpool’s LPT Changes the Investment Incentive Structure
As the native cryptocurrency of the Launchpool platform, LPT tokens allow both users and investment funds to benefit from the ecosystem. When a user owns LPT tokens, they can stake them to gain access to a portion of a fund’s liquidity provisions. This gives the user an unprecedented investment rate compared to the secondary retail market. On top of investment access, LPT is used to validate the transactions of the network, rewarding the LPT staker with tokens for being active in the security and verification process. By combining the utility of the coin, users are further incentivized to stake their cryptocurrencies in the Launchpool network as it grows.
Alphabit Gains A Whole New Community
As a digital asset management firm with a portfolio representing a wide variety of blockchain offerings, having the leverage of a community like Launchpool’s can give a project a lot of power. The Alphabit and Launchpool partnership gives the former access to a large community of highly insightful investors, traders, growth hackers, and more that can largely benefit a particular project or investment. For example, Alphabit has investments in Yield App, Cere Network, Definer, and more; with the Launchpool community gaining access to future investments, they can mobilize themselves to act as advocates of the project. Suddenly, Alphabit has a whole new team working to promote its assets; a fully organic team with skin the game.
Utilizing this newfound community, Alphabit will be able to get insight from a wide swathe of market participants, allowing for community feedback and more in-depth user insight into projects. Beyond these factors, Alphabit will gain access to more top-quality crypto projects as well as give something back to the community, broadening its impact in the blockchain space. As Launchpool prepares its platform’s release, this partnership is sure to be fruitful for all involved.
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