Launchpool Labs Pre-Seed Allocations are Live.
The long-anticipated launch of Labs Pre-Seed allocations for NFT holders has arrived!
This Monday signalled a momentous occasion for the Launchpool team and our partners, with the official launch of the first Pre-Seed allocation offering on Labs. We were incredibly proud to bring the opportunity to invest in NOWwhere at the earliest stage possible.
The NOWwhere Pre-Seed Allocation Mining Event ended on Wednesday with just shy of $5m of LPOOL staked, with each person receiving a guaranteed allocation. NOWwhere will continue to be incubated over the next 3 months, with more opportunities for the Launchpool community to get even more NOWwhere tokens at both the seed raise, and the public raise.
There are a total of 5 projects in the first Labs cohort, so there is still plenty of opportunity for the community holding NFTs to get involved. The second project completing it’s pre-seed this week is Bricktrade, with over $4.77m of LPOOL staked in the allocation mining event that is currently live. If you are a KYC’d Launchpool member with a Bronze NFT, you can still take part in this pool by visiting the staking page here to stake your LPOOL.
If you haven’t yet qualified for a Bronze NFT, there will be future opportunities to invest in Bricktrade, as well as all of the other Labs projects, in later rounds.
Check out the projects launching their Pre-Seed with Labs next week here
Community Spotlight Interview Series - #001
This week we published the first of our Community Spotlight’s - an ongoing interview series with Launchpool community members.
Day-to-day here at Launchpool we talk a lot about projects, so we decided to open the floor to community members so that we could learn from their investment approach, mindset and experience. What to expect: honest heart-to-heart conversations; tips and feedback from $LPOOL hodlers; fun stories; and personal experiences.
Our first interview was with ‘CorsicaToken’, a Telegram community member who approached the mods to request our blessing to share an investment tracking tool they have created with the rest of the community - how generous! We decided to give CorsicaToken the floor and we thank you, CorsicaToken, for sharing your story so far with Crypto, your approach to investing through Launchpool and for your investment tracking tool, which can be found here.
If any other community members wish to complete an interview, please message the community moderators on Telegram.
You can read the full interview here
How to Participate in Launchpool Labs Pre-Seed?
If you have an NFT, because you met the criteria for the distribution, but you’re not sure how to participate in Labs - see the below:
Hints & Tips - Trust the block, not the clock.
About time: How to monitor block numbers when investing on Launchpool and Launchpool Labs
Launchpool uses smart contracts to facilitate community investment in the early stages of crypto projects. Smart contracts are executed when pre-defined blocks are mined on the blockchain. The smart contract is controlled by block time, not clock time. The contracts are coded to execute when a certain block number is mined on the block chain.
To take an example, when we set-up an Allocation Mining Event on the Ethereum chain, we input one block number to execute the opening of the deposit window, and then another block number to execute the transition from the deposit window to the start of rewards being mined.
In total we input four block numbers into the smart contract to run an AME:
Deposit window opens
Rewards begin
Rewards end and payment window opens
Payment window closes
To read the full guide to understanding block numbers to confidently execute your Launchpool investment plans, click here.
That’s it for what has been another busy week for us here at Launchpool. For news about projects we are launching on Launchpool keep an eye on our Twitter, Telegram, Reddit, and of course come visit us at our website and app. For Launchpool Labs, keep in touch with developments and meet the first cohort at our Discord.
Launchpool Team