Launchpool Web3 Techstars Accelerator #DemoDay - MegaFans
MegaFans Presents Live At The Launchpool Web3 Techstars Accelerator DemoDay
Hello LPOOLers, what a busy past week we’ve had here at Launchpool. On Thursday 30th June all eyes were tuned in as the finalist of the Launchpool Web3 Techstars Accelerator Class of 2022, gathered to pitch live at the first ever #DemoDay in Dublin, Ireland. This event was the culmination of an intensive two month long mentorship-led training program for these nine Web3 projects.
Among the list of 2022 finalist, was our very own Launchpool Labs’ Incubated Project: MegaFans. MegaFans is building the world's first mobile web3 esports community with fiat on-ramps, cryptocurrency, Bitcoin and non-fungible tokens (NFTs) in a play-to-earn environment for gamers, collectors, & developers.
Let’s take a look at some of the accomplishments of MegaFans over the past few months.
MegaFans joined the Labs Incubator program in August of 2021 as the 3rd project of Cohort1. As part of the Labs Incubator, MegaFans successfully completed a $500k seed raise and went on to successfully close an oversubscribed $400k private funding round on Launchpool's pre-IDO launchpad.
Over the past months, MegaFans has seen explosive user growth. Registered users on its mobile gaming platforms have surpassed 430k (an increase of 105% from Jan 2022) and they are on track to achieve the 1 million user mark by end of the year 2022. During the this year, MegaFans’ gaming titles were further expanded to include two new games: KingKoin and JetJack. All MegaFans games are now available available globally in all major app stores: AppleStore, GooglePlay, Huawei AppGallery and Samsung Mobile.
MegaFans continues to strengthen its strategic partnerships having been accepted as a startup with Chinlink. As part of its social responsibility, MegaFans has hosted several charitable events with Kiva, CodeToInspire, USO and IGDA. MegaFans’ Founder Jeff Donnelley, also recently joined the Forbes Business Council.
Want learn more? Check out this Labs Twitter Thread we’ve created, which goes into a bit more detail, offering links to additional partners, conferences, interviews, project reports and more. If you missed the MegaFans live pitch at #DemoDay, you can view the entire event here now.
OZONE METAVERSE Genesis Land Sale
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Great new LPOOLers, the eagerly anticipated Ozone Metaverse Genesis Land Sale is now on. As part of this weekend sale offer, purchase your plot of land for a discounted flat price. This limited time offer runs from July 2nd, 2022 - July 6th.
Ozone Metaverse land is functional, usable, and infinitely adaptable; providing a whole new landscape for pioneers to build. Don’t miss this epic land sale!
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Launchpool’s Hints & Tips
Telegram And Discord Can Sometimes Be A Dangerous Place For Those Inexperienced With Scammers Phishing For Details.
At Launchpool, we aim to protect our Community with constant reminders of the key things to look out for while on Telegram and Discord. The “Number One Rule” being that NO member of our Team will ever message (DM) you first!
We will NEVER ask you for funds! We will NEVER ask you to share private keys or connect to a site that asks for your private keys.
Anyone claiming to be from the Launchpool Team attempting to get in touch with you first is a scammer. These scammers work hard to separate you from your money: DO NOT FALL FOR IT!
If you are ever unsure, we have a dedicated support channels here:
Discord Support Chat | Telegram Support Chat
🗞️ In other Crypto news….. 📰
Binance & Khaby Lame, Axie Infinity Reimbursement, and Central African Republic Launches Crypto Initiative.
🤝 Binance & Khaby Lame 🤝
Khaby Lame, a popular TikToker, has partnered with Binance to become a global brand ambassador. In this multi-year partnership, he will use his unique approach to dispel some of the myths surrounding Web3.
Furthermore, Lame and Binance will work together on exclusive NFT collections to enhance the experience for his followers. Stay tuned as we continue to bring you more updates.
🥳 Axie Infinity Reimbursement 🥳
After exploiting a validator node vulnerability, hackers were able to drain 173,600 ETH and $25.5 million in USDC from the Ronin bridge in March. Due to the declining price of ETH since the breach, it is projected that about $216.5 million will be restored to customers.
In April, Sky Mavis raised $150 million in a round led by Binance. The firm said that it will use the proceeds to reimburse the hack victims. A total of $216.5 million in USDC and Ethereum at today's prices will be returned to users.
🤗 Central African Republic Launches Crypto Initiative 💰
Back in June the President of Central African Republic, Faustin-Archange Touadéra, declared that the government will support an effort aimed at expanding the country's blockchain infrastructure.
Touadéra announced that the CAR government would be launching “Sango”, a crypto initiative launched in the aftermath of the country's adoption of Bitcoin (BTC) as legal cash in April.
The government plans to broadcast the launch the initiative on July 3rd here. The President, members of his cabinet, and industry experts will discuss the physical and digital infrastructure required for the CAR to enter the crypto arena, as well as the country's regulatory framework.
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That’s all for this week! Watch your inbox for next week’s Pop Up Press!
For more news about the 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 in our Discord channel.