Launchpool | Pop Up Press | April 8th
A fast-paced news update from the Launchpool team.
Launchpool Labs Incubated Projects Among The Top-Crypto Startups To Watch In 2022❗
2022 Is Off To A Great Start With Your Favourite Launchpool Labs Projects Leading The Way!!
No matter your industry, hard work is the most important key to success and over the past few months, the Launchpool Labs Team has been dedicated to the job at hand. We are pleased to share, that many of our Labs Incubator Projects are now entering the final stages of development.
Earlier this week, three of our Incubee Stars were named among the Top Crypto Start-Ups To Watch For In 2022 by TechRoundUK. We would like to take this time to congratulate xGStudios, BrickTrade, and NiftyFootball on this notable achievement as we look forward to their project launch.
In the up-coming week, we look forward to sharing more updates from other projects within in the Launchpool Labs Incubator programme with the Community.
Launchpool’s Next pre-IDO AME - SparkWorld*
Accessible, Engaging And Transparent Access Through Fair Prediction Launches
SparkWorld is an innovative community-centric web3 ecosystem, powered by FPLs and underpinned by the SPRK token, on a mission to creatively overcome the challenges of whitelisting, randomized minting, and prelaunch NFTs through a gamified and completely trustless marketplace that creates value for everyone involved.
In keeping with the ideals of the Blockchain, Spark World & the SPRK token solves the trust issue inherent to traditional whitelisting and token distribution models. Everything on the SPRK platform is done on-chain, meaning every movement is completely trackable, and allocations are distributed based on the accuracy of predictions, eliminating the possibility of an insider’s game.
Join us in the Telegram Community on Monday 11th April at 4pm UTC, for a live AMA session with the SparkWorld* Team as they provide further insights into the project.
Feedback Fridays Round-Table Discussion
An Opportunity To Share With The Launchpool Team - Join The Feedback Fridays Discussion And Let Your Voice Be Heard!!
Those of you who have been with us for a while will know that our motto is: Community!! Our Team cares about Community and seeks to create greater opportunities for open discussion, to be transparent, and to gather feedback on ideas, suggestions and constructive criticism.
On Friday the “Feedback Fridays Session” returned: this time to our Discord Community. These discussions are geared toward ensuring that we continue to do the best possible job in serving our Community’s needs. It is a dedicated space for our Community Members to share their thoughts, ideas & concerns, and to offer constructive criticism directly to the Launchpool Team.
We value our loyal LPOOLers that have been with us since day one…we wouldn’t be here without you!
🗞️ In other Crypto news….. 📰
Convex Saved, Hydra Shut Down, and Worldcoin Exposed
🥳 Convex Saved 🤩
Convex, the DeFi protocol worth a staggering 15 billion dollars, was saved from a rugpull-exploit in late 2021 by OpenZeppelin and an Anonymous team at Convex. The hack would have needed 3 multi-signature wallets (multisig) signers to be exploited, but this isn't outside the realm of possibility as seen with the Ronin hack from just a week ago.
Congrats to both the Openzepplin and Convex teams for finding and patching the bug and taking DeFi security seriously.
❌ Hydra Shut Down ❌
German authorities shut down the Hydra marketplace, an illegal marketplace known for daring stunts like advertising campaigns on clearnet sites and allegedly attacking its competitors with digital attacks.
The marketplace had over a million customers and 19,000 vendors at the time of its closure and a seizure of 543.3 BTC (25 million USD).
Along with this, OFAC has blacklisted Russian exchange Garantex to prevent money laundering and sanctions evasion.
🪙 Worldcoin Exposed 🔊
Worldcoin, the infamous eye-scanning cryptocurrency that is backed by YC alum Sam Altman and Andreessen Horowitz, is the subject of an exposé by Buzzfeed News, alleging that the project has run into numerous troubles and that it preys upon the poor.
The system has so far gathered almost half a million iris images in an attempt to have a “proof of personhood” system implemented in its crypto project. However, critics have pointed out that fraud is still rampant and that the device has a very high error rate.
What happens with this project is anyone’s guess.
🤖 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.