Launchpool | Pop Up Press | April 1st
A fast-paced news update from the Launchpool team.
xG Studios To Build On FLOW Blockchain
xG Studios Has Made FLOW History And Positioned Itself Ahead Of The Curve❗
We are pleased to share that our Labs Incubated Project - xG Studios has officially announced its blockchain of choice: FLOW Blockchain. Congratulations to the xG Studios Team on being among the first projects ever, to issue a token on the FLOW Blockchain.
The Flow blockchain, which originally focused on NFTs and mainstream, now has its own token standard. This means that projects can now issue tokens directly #onFlow. You may be familiar with the company behind Flow Blockchain: DapperLabs. Some noteworthy mentions coming out of DapperLabs include; NBA Top Shot, UFC Strike, NFL All Day, LaLigaOnFlow, CryptoKitties, etc.
To celebrate xG Studios building on Flow, we’ve teamed up to giveaway $2,000 worth of xG tokens to 10 lucky people!
Don’t miss this great opportunity to celebrate with us and for the chance to win some free tokens.
Announcing The Last Launchpool Labs NFT Mint
We’re Updating Our Labs Whitelisting System To Better Serve The Community.
Hello LPOOLers, what an incredible past few months we’ve had. Over the last six months we’ve accelerated our Launchpool Labs Incubator Program and have seen several top-notch projects sign on. Many of these incubated projects are in the final stages of development and we are excited about the partnerships they have formed ahead of their token launch.
The success of the Labs Incubator Program has now required us to re-think the Labs NFT Investor Xperience. On March 28th, Launchpool Labs announced that the last of the Labs NFTs will be minted via our minting dashboard: we are upgrading to a more modern, streamlined system. This improvement is intended to allow the Launchpool Project to scale; as we seek to offer more investment opportunities to our loyal Investor Community.
The full details of this new and improved Labs whitelisting system would be released very soon. The Launchpool Team would like to take this time to thank all of our loyal Community members and everyone who has taken part; we hope you enjoy the new system even more than before!
The Next Labs Seed Raise - BOSS FIGHTERS
Welcome To The Worlds First Solana-Based VR vs PC Competitive Play-to-Earn Action Game.
We are excited to share that the Seed round for our Labs Incubated Projects - Boss Fighters is rapidly approaching. Starting next week Monday 4th April, you'll be able to enter the world of BOSS FIGHTERS at Seed round price!
Boss fighters is the innovative game and Metaverse built as a unique asymmetric multiplayer game where a VR player takes the role of the powerful boss-monster, while PC players team up against it, battling for prestige, fame, and precious loot.
Join us on Monday as we host a live AMA session with BOSS FIGHTERS Team, where they share all of the new updates to the project! You can learn more about this project offer via our Labs Investor Dashboard or by visiting the BOSS FIGHTERS Medium page.
Hints & Tips - CowSwap.exchange
Alongside general security and privacy advice, from time to time we want to share a handy tip from the Team.
The tip for this week is to stop getting front-run on your Uniswap/PancakeSwap transactions and start using CowSwap - a trading interface built on top of Gnosis Protocol (v2) which offers MEV protection. We actually highlighted CowSwap in one of our earliest newsletters, however, with the increased focus on Miner Extractable Value (MEV) around the London fork, and because we love it, we are bringing it back for round two.
CowSwap leverages batch auctions with uniform clearing prices and because everyone receives the same price across assets it is not possible for any value to be extracted by placing transactions in a certain order. This prevents the primary strategy used in MEV. Also, as gas costs are accounted for in your sell order already, and the protocol uses an off-chain design for submitting trades, you don’t need to pay gas fees.
Launchpool is not affiliated with Cowswap - we just use it a bunch!
🗞️ In other Crypto news….. 📰
COWs Airdropped, BAYC Discord Hacked, and Ronin & Axie Infinity Bridge Hacked
🐮 COWs Airdropped 🚀
Good news for GNO holders! COW tokens, the token of the Gnosis project CowSwap, were airdropped to GNO holders who held or staked tokens in early January. This caused the GNO price to also spike as traders clamour for the future planned airdrops that CowSwap has planned, along with the SAFE token that's going to be connected to Gnosis Safe, the multi-sig tool.
Congratulations to everyone who got the airdrop and look out for more!!!
😱 BAYC Discord Hacked 👨💻
The server of the massively popular NFT project Bored Apes Yacht Club has been hacked. The hacker posted a phishing link to a "stealth mint" NFT that actually drained the funds of anyone who claimed it.
BAYC issued the following warning:
“STAY SAFE. Do not mint anything from any Discord right now. A webhook in our Discord was briefly compromised. We caught it immediately but please know: we are not doing any April Fools stealth mints/airdrops etc. Other Discords are also being attacked right now.”
It has been reported the hacker may have carried out the attack via Ticket Tool, a popular Discord bot that automatically generates support tickets.
🤯 Ronin & Axie Infinity Bridge Hacked 👨💻
Axie Infinity's Ronin wormhole and Katana DEX have been hacked to the tune of 173,600 Ethereum and 25.5M USDC. The hacker used hacked private keys in order to forge fake withdrawals, draining the assets from the Ronin bridge.
Ronin only has 9 validators, 5 of which can sign signatures to recognise a deposit or withdraw action. Through hacking Sky Mavis's systems and manipulating the DAO, the hacker was able to obtain enough keys to execute the attack.
🤖 Join us on Discord 🤖
We’re transitioning! Help us grow on Discord and be among the first to learn more!!
That’s all for this week! Watch your inbox for next week’s Pop Up Press!
For Launchpool Labs, keep in touch with developments and meet the first Cohort in our Discord channel.