Announcing The Next Launchpool AME - YOM
Are You Ready For An Unreal Metaverse Experience: Your Own Metaverse YOM!!
Many members of our Community have been asking for a Metaverse project and we are excited to announce that we have one!! YOM will be coming to Launchpool for an AME event next week Monday 29th November 2021.
YOM enables artists, developers, and businesses to co-create an open Metaverse that belongs to you. Visit live performances in dynamic virtual worlds with your friends and collect exclusive branded wearables. Create your own metaspaces and experiences in Unreal Engine and publish these live to any website or channel. Mint your 3D assets as NFTs and airdrop them in your metaspace as part of a virtual auction or giveaway.
The dates of the YOM AME event can be found on our Medium page. The exact blocktimes will be announced prior to the YOM AME going live. We look forward to experiencing all that the Metaverse has to offer with you!!
A Quick 12-Step Guide To Participating In Launchpool AMEs
Want To Learn How To Take Part In A Launchpool Allocation Mining Event (AME). The Following Is A 12-Step Guide !
Step 1:
Visit app.launchpool.xyz You will then see a disclaimer, please check that you are in an eligible jurisdiction, and click “Agree”.
Step 2:
In the top right corner of the screen, you’ll see that you are able to register for an account.
Step 3:
Follow the instructions to connect your Metamask wallet.
Step 4:
You will be asked to verify your identity. This involves verifying your email address, adding your telephone number and ensuring that KYC requirements are met. It is simple to do, and shouldn’t take much time. If you are struggling with this step, please reach out to the Launchpool support team here: t.me/LaunchpoolSupportOfficial
Step 5:
Once approved, you need $LPOOL tokens ready to use in your wallet.
Currently, raises are being completed on the Binance Smart Chain, so you need to make sure that your tokens are on BSC. To do this, you can use PancakeSwap to purchase $LPOOL using the contract address: 0xcfb24d3c3767364391340a2e6d99c64f1cbd7a3d
Step 6:
Mining your allocation is really just as simple as staking your $LPOOL in the relevant pool. Visit the dashboard after entering the Launchpool app, and select the project you want to stake in from the list of live projects.
Step 7:
The current pool options are:
- “No Limit” pool, ⅓ of the allocation
- “250 $LPOOL” limit pool, ⅓ of the allocation
- “50 $LPOOL” limit pool, ⅓ of the allocation
The amount of project tokens you receive will depend on which pool you stake into, the time staked in the pool and your share of the total $LPOOL staked. Be sure to max out the pool you want to be in to get the largest allocation. Stake as early as you can. You can also stake in multiple pools if you want a bigger allocation.
Step 8:
Once you have selected the pool you wish to stake in, enter the number of $LPOOL tokens you’d like to stake and hit “Confirm Stake”.
NOTE: If you haven’t staked with Launchpool before, you will need to sign two separate transactions in your wallet:
1. Allowing the use of $LPOOL tokens.
2. Completing the smart contract interaction that allows staking.
Step 9:
Now you can relax for a bit! Once those transactions have been completed, you’ll be able to see your amount of $LPOOL staked. After it is staked, the $LPOOL tokens you submitted to the pool will be locked until the end of the AME.
This means that you cannot access those $LPOOL tokens until you have claimed your project allocation by paying for the mined tokens with BUSD.
Step 10:
Once the AME is over, you have approximately 48 hours to send the specified payment token to buy your project tokens. In this case, the specified payment token you will need is BUSD.
NOTE: If you miss the payment window, YOU WILL LOSE the ability to claim and pay for your mined allocation.
After the AME, your $LPOOL is returned, regardless of whether you claimed your allocation or not. You CANNOT claim a partial share of your stake, you can only claim all or nothing of your allocation in each pool.
Step 11:
Upon completion of the waiting period (between the Launchpool pre-IDO and the projects TGE) you will be able to claim X% of your tokens, as per the project specific vesting schedule. To do this, all you need to do is hit the ‘Collect’ button, and follow the steps in your wallet.
Step 12:
You are done…Happy Investing!!
Introducing The Techstars Web3 Convo Series
Some Topics Are Worth Discussing. The Techstars Web3 Convo Series Has Them!
This week we had the chance to talk with the Solana King himself, Matthew Graham of Sino Global Capital. During the fireside chat; he shared his insights on how a Web3 project can benefit from having a huge headstart in the two largest geographies in the world, collectively representing 2.5 billion people: China and India. He also talked about how to invest in high-quality and high-conviction Web3 projects for the long term about the leading indicators of what makes a great Web3 project.
Look out for more insightful topics, all part of the Techstars Web3 Convo Series.
LaunchPool Labs Update - MegaFans Funding Round
MegaFans Just Added Another First To Their List…Closing The First Ever Launchpool Labs Project Funding.
MegaFans joined Launchpool Labs’ first incubator program wherein they received strategic and technical support to grow their gaming Community into a blockchain enabled Project.
MegaFans is a play-to-earn multiplayer tournament platform that lets users play mobile games and compete with people around the world to earn prizes. Whether you are a novice or expert player or developer, MegaFans is about bringing out the gamer in you!
Launchpool CEO Richard Simpson says “Megafans' offering of 'free to play' and 'play to earn' are highly sought after project attributes by our Community. It is of no surprise to me the seed raise was a huge success and heavily oversubscribed. Everyone is very excited to see Megafans grow and go from strength to strength.”
Congratulations to MegaFans for closing a $500k raise with Launchpool Labs!! 🥂
🗞️ In other Crypto news….. 📰
Metaverse, and Stripe&Bitcoin
🛸 Metaverse 🛸
The cryptocurrency world is in the midst of an all-out gold rush, with altcoins rallying to new all-time highs, while bitcoin remains stuck in oversold territory. Blockchain-based games and NFTs are currently dominating the crypto space.
It’s amazing to see how the concepts from the prophetic Snow Crash are manifesting in reality right before our eyes.
This massive development in the adoption of Metaverse technologies is a huge step for the industry, and we’re excited to see what new and interesting things we’ll be able to do with it.
The emerging interest in the Metaverse is expected to be worth over $1 trillion in the next few years, as it attracts new users by offerinng them a new online experience.
💳 Stripe&Bitcoin ₿
It is known that Stripe ended bitcoin support back in 2018 due to its volatility. While the company did not say they will be accepting crypto payments now, they are “eyeing the developments that will make cryptocurrencies a better, scalable, and acceptable form of payment method.”
Let us hope something gives! 🙂
That’s all for this week! Watch your inbox for next weeks 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.