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Launchpool.xyzGoDaddy customer – (United Kingdom)

With any new technology, such as blockchain technology, there is the opportunity for entrepreneurs to create new products and services that can lead to exciting investment opportunities. Investment opportunities can often be monopolized by large investment funds. When a large community of cryptocurrency industry participants pool their resources together, they can make larger investments and share the profits. In this week’s #WebsiteWednesday, we’ll introduce you to an investment platform that has amassed a considerable online community and promotes fair, egalitarian investing for all: Launchpool.xyz.

Launchpool.xyz

Launchpool.xyz is a London-based cryptocurrency investment platform that operates under an egalitarian investing philosophy. As highlighted on their homepage, they believe that “all project stakeholders are as important as each other,” and aim to connect investment funds and communities to work in tandem towards the same goals. They host investment projects and offer valuable exposure to their growing community, who combine their knowledge and pool their resources. Backed by industry leaders such as Alphabit, FBG, and Fomocraft Ventures, Launchpool.xyz was the official sponsor of DeFi Summit’s first Global Virtual Conference, where they hosted a day-long event for startups to pitch their ideas to the DeFi community. 

Launchpool.xyz

All community members of Launchpool.xyz get equal access to investment opportunities. They can purchase and use Launchpool’s token, known as $LPOOL, to register their proportional interest in the projects. There is a limited supply of 10,000,000 tokens, Launchpool explains, and the token holders can access a corresponding portion of the project profits. All members are incentivized with the same terms offered to early investors. They clarify that this is how community members are able to obtain the tokens at the same price as large cryptocurrency investment funds. The investment projects on Launchpool.xyz are pre-IDO, which helps individual investors participate at an equitable rate. An IDO, or Initial DEX (decentralized exchange) Offering, refers to a cryptocurrency project conducting fundraising by launching a cryptocurrency coin or token. Private investors who can invest millions of dollars into one project are typically the first backers of an IDO project. Pre-IDO, however, refers to token offerings that occur before the IDO takes place, which helps individual and smaller investors gain that equal access.

Launchpool.xyz benefits project hosts by putting them in front of a large and active community of investors, including over 21,000 Twitter followers. On their Benefits page, they list additional opportunities for projects such as promotion through association with some of the industry’s most recognizable names, the ability to leverage contacts and industry know-how of successful funds in the sector, a diverse customer base, and capital.

We are proud to have Launchpool.xyz in the .xyz community. The idea of egalitarian investment opportunities for their members seems to have generated successful project launches, and we are eager to see what unfolds. You can learn more by following them on Twitter @LaunchPoolXYZ, LinkedIn @LaunchpoolXYZ, or by visiting Launchpool.xyz.

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