The Launchpool Web3 Techstars Accelerator
Let’s Take A Closer Look At The Launchpool Web3 Techstars Accelerator
Blockchain technology has reshaped the way we do business by fostering a decentralization of traditional systems while also giving full ownership to the individual user. This newly dubbed Web3 Industry is here to stay. As more businesses and start-ups begin their transition to this new frontier, there is now a need for them to understand what it means to become a Web3 company.
Launchpool, in partnership with Techstars and the Alphabit Fund have created a new cutting-edge accelerator programme: Launchpool Web3 Techstars Accelerator. The aim of this mentorship-led accelerator programme is to equip entrepreneurs building blockchain technology and tokenisation protocols, with the necessary guidance and tools for smooth growth and development.
Let’s take a quick look at three of the DeFi-based projects in the Launchpool Web3 Techstars Accelerator program which are driving toward this decentralised future.
1. Eczodex Cambridge
Founded by Michael Quartey, Eczodex Cambridge allows users to borrow funds for DeFi investing using their financial assets such as stocks, ETFs, commodities, and funds as collateral. The collected assets are held by a regulated third-party custody provider.
2. Securo Finance
Founded by Victor Lee, Securo Finance brings an all-in-one dashboard with API integration that simplifies crypto investing by using three DeFi indices namely;
i) Low-risk Crypto Index (LCI) for stable-coin yield farming
ii) Market Weighted Index (MWI) which is a capitalization-weighted index that tracks the performance of DeFi assets across the market
iii) Blockchain Network Index (BNI) which gives you exposure to major layer-one blockchain utility tokens.
3. Your Diamonds
Founded by Tim Goodman, Your Diamonds unlocks the liquidity, transparency, financial data, and cash flow finance of the diamond industry. It allows users, such as diamond jewelry traders and private customers, to access new pricing information across their smart devices.
Check Out The Other Launchpool Web3 Techstars Accelerator 2022 Finalist Here
Market Conditions & Investment Decisions
We Reflect On Launchpool’s Business Strategy And Opportunities For Our Loyal Community
After months, or even years of steadfast development, it is understandable that many projects may decide to hold back on their token sale or delay their token distribution, while waiting for optimal market conditions.
This is practiced throughout the market and is intended to improve returns for community members while also increasing the likelihood that start-up projects raise the necessary capital required to deliver their roadmap.
With market conditions as they are, we have decided to slow the rate with which we launch projects from our Launchpool launchpad. We are doubling down on our commitment to bring only high-grade projects onto the launchpad.
TLDR? AME frequency down, quality up.
However Launchpool is much more than a launchpad, as the market moves sideways, we continue to move forward. We have pushed forward with our activities and will continue to share our development updates for Launchpool, Launchpool Labs and the our newest addition the Launchpool Web3 Techstars Accelerator.
These products solidify our commitment that Launchpool is here for the long term; delivering early-stage investment opportunities for our Loyal Community not found anywhere else. We thank you for choosing to be part of this journey with us….we are building, building, building!!
Follow Along With Us
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 highlighted CowSwap in one of our earliest newsletters, however 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 no value can 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….. 📰
Binance NFT Ticketing System, Dubai Police NFTs, and Binance Fined $3.4M.
🔶Binance NFT Ticketing System 🎟️
After the havoc caused by fake ticket sales in the UEFA Champions League 2022, cryptocurrency exchange Binance has started a pilot program with the football team Società Sportiva Lazio for a nonfungible token (NFT) ticketing solution for the upcoming 2022–2023 season.
According to Binance, NFT tickets will remove scalping and the problem of counterfeit tickets while eliminating chaos at sporting events. The NFT tickets will be used for more than just entry to events; they will also be used for other things such as retail and game discounts, token giveaways, and other activities with Società Sportiva Lazio.
👮♂️Dubai Police NFTs 🇦🇪
Dubai Police are getting ready to launch their second round of NFTs just a few months after its first NFT collection was launched, which saw roughly 23 million individuals expressing interest in purchasing.
The Dubai Police are among the first law enforcement organizations in the world and the first in the United Arab Emirates (UAE) to reportedly mint NFTs. The report states that this year's GITEX, will see the introduction of the law enforcement's second collection of NFTs. The upcoming collection from the Dubai Police will also be available for free to anyone living outside of the nation.
🔶 Binance Fined $3.4M 🧑⚖️
Binance, the world’s largest cryptocurrency exchange, was fined 3.3 million euros ($3.4 million) by the De Nederlandsche Bank (DNB) for continuing to provide services to Dutch citizens without the required registration.
This is not the first time that Binance and the Dutch Central Bank have clashed. On the 18th of August 2021, the DNB forewarned the public about using Binance’s services. Binance has since applied for registration, and the DNB is currently reviewing it.
🤖 Join us on Discord 🤖
We’re transitioning! Help us grow on Discord and be among the first to learn more!!
👉 Join Our Discord Community!! 👈
Thanks for reading Launchpool Pop Up Press! Subscribe for free to receive new posts.
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, visit us at our Website and App.
For Launchpool Labs, keep in touch with developments and meet the first Cohort in our Discord channel.