What is the Launchpool Labs (LPOOL) project?

Launchpool Labs is a product of Launch pool, Purpose Incubation and support of projects and teams in the early phasethat leads teams from the idea or prototype to the level of a viable product.

Launchpool Labs is an updated version of Launchpool that allows brothers to participate in the pre-sale, rounds like Seed and Private are distributed based on the platform’s protocol and completely decentralized.

The process of a project incubation on launchpool

• The founder / project submits ideas to Launchpool via the platform interface.
• Community voting for the project makes up 50% of the decision to choose the project to incubate.
• The advisory board and partner fund vote for the project and make 50% of the decision to select the project for incubation.
• Media partners, technical partners and educational co-pilots have access to successfully incubated projects and can track their progress.
• From the moment a project / idea is successfully launched, the community becomes a stakeholder with the same rights as any other stakeholder and the pre-incubated VC:

1. Improving transparency in product development;
2. Approach to product profiling;
3. Stakeholder meetings and minutes;
4. Roadmap and access to stakeholder reports;
5. Access to product iterations at first sight and at first sight (product iterations and at first sight).

LPOOL integration in Launchpool Labs

LPOOL tokens play more diverse roles in project incubation. Some of the goals are:

• Unlock various rewards.
• Increases the amount of tokens burned (increasing the LPOOL value).
• Providing a more reliable market price stabilization mechanism
• Granting different levels and classes of access to investment opportunities
• Create incentives for token stocks based on levels and create more marketing opportunities
• Rate the experience as part of the Launchpool ecosystem

Rules and levels of participation in Launchpool Labs

1. LPOOL token holders have 1 to 200 LPOOLs that are held for a minimum of 50 days

• Activity 1: Participate in community voting and decision making.
• Activity 2: Can enter the Labs Lottery for a chance to win “1 out of N” NFT Copper and Incubation Project Token Gift. Depending on the vesting schedule

2. Copper NFT Holders: Have at least 200 LPOOL for 3 consecutive months.

• NFT is automatically distributed to the wallet. The first copper NFTs will be distributed from July 2021.
• Activity 1. Then use more PLOOL to join the seed group.
• Activity 2. Participation in voting and decision-making in the community.
• Activity 3. Can enter the Labs Lottery for a chance to win “1 out of n” NFT Silver and Incubation Project Token Sweepstakes. Depending on the vesting schedule.

3. Silver NFT Holders: Have at least 500 LPOOL for 6 consecutive months.

• NFT is automatically distributed to the wallet. The first Silver NFTs will be distributed starting October 20, 2021.
• Activity 1. Then use more PLOOL to join the seed group.
• Activity 2. Participation in voting and decision-making in the community.
• Activity 3. Can enter the Labs Lottery for a chance to win “1 out of N” Gold NFT / and Incubator Token Gift. Depending on the vesting schedule.

4. Gold NFT Owners: Has at least 1000 LPOOL for 12 consecutive months or has purchased NFT Gold.

• NFT is automatically distributed to the wallet. The first Gold NFTs will be distributed from April 2022. (Can buy 1000 LPOOL directly and then the token is sent to the wallet to burn the token)
• Activity 1. Then use more PLOOL to join the Seed Pre-Seed and Seed group.
• Activity 2. Participation in voting and decision-making in the community.
• Activity 3. Can enter the Labs Lottery for a chance to win “1 of n” NFT Diamonds and Incubated Project Token Giveaways. Depending on the vesting schedule.
• Visit Launchpool’s Discord channel
• Exclusive project from AMA

5. Diamond NFT Owners: Has at least 5,000 LPOOL for 18 consecutive months or has purchased NFT Diamond.

• NFT is automatically distributed to the wallet. The first NFT Diamonds will be distributed from October 2022. (Can be bought directly and burned 5,000 LPOOL)
• Action 1. Then use more PLOOL to join the Seed Pre-Seed group.
• Action 2. To be able to take part in community votes and decisions.
• Promotion 3. Can enter the Rare Labs Lottery for the chance to win Premium NFT and Incubation Project Tokens. Objects for testing.
• Access to confidential transactions, only available to Diamond NFT holders.
• Access to a private Launchpool Discord channel.
• Exclusive project AMAs
• Member of the launch pool board.

Specific information as in the following table:

For example Case access to the project

• All 4 types of NFTs are automatically distributed to the metamask address used during KYC verification and registration. Distribution occurs when the conditions are met
• The NFT cannot be transferred or resold for the first year. It is then possible to activate support for buying and selling.
• NFT gives you access to every pool (project group). Each pool has 3 to 6 projects, we incubate for 3 months and build and develop together with them.

Ecosystem

Advisory Board

The Advisory Board will include members from different backgrounds to ensure that:

• Technical experience and insight, development support;
• Marketing and Product Insights, Market Customization, and Support;
• Legal understanding of regulations and laws to ensure compliance;
• Media and PR support from established publications and agencies in the area;
• Vertical (specific) experiences including: AI, VR / AR, real estate, fintech, agritech, games and esports, etc.
• Internal community members from the Launchpool Council.

Strategic partnership relationships

Below is a breakdown of the strategic partnerships, stakeholders, and moderators that we will bring to the Launchpool Labs incubator in due course.

• Polygon (MATIC)
• Solana (Foundation, Launchpads)
• Polkadot (Web3 Foundation)
• AAVE protocol
• Binance chain
• ADA (Cardano)
• Ethereum (Foundation, Launchpads)
• Tech hubs and coworking spaces with a focus on startups
• Security funds and venture capital funds
• Risk funds and projects for women and ethnic minorities
• Incubators and support centers that focus on startups in the MVP phase outside of the blockchain ecosystem for cryptocurrencies
• Sponsored issuers and developer academy
• Local ambassador, thought leader, podcast host
• Publishers and journalists in the media
• Strategic partners and community
• Media partner

Minimum Viable Community (MVC)

From the first day to the start, Launchpool always strives to support and help shape the project’s own MVC so that the project can be brought to market. The community is at the center and has become an important part for a company to get a good ROI. Here are the elements that LaunchpoolLABS aims to develop MVC for the project

• marketing
  • Fresh content
  • Content directed at customers
  • Experience and feedback
  • Virtual reality experience
  • Brand awareness
  • Global recognition
  • To introduce
  • Credit and security
• product
  • Product feedback
  • Suggestions and ideas
  • Beta test
  • Mindshare (education industry)
  • Early application
  • High product reliability
• support
  • Help with general problems
  • Shared information (knowledge exchange)
  • Community-created content
• Customer success
  • Level of concern
  • Degree of satisfaction
  • Product acceptance
  • Customer ROI
• Invest
  • Possibility of becoming an investment fund yourself)
  • Regulatory Compliance Investment Framework Khuôn
  • Get money from many organizations
  • Get money from the community
  • Diversify wallets and participants

Summary

Launchpool Labs switched from the public sale platform to the incubator platform similar to Coinlist Seed, but can allow users to participate in pre-sale rounds in order to take part in accompanying projects at the beginning. Using NFT technology to encrypt the access key to access the pool and add value to the LPOOL token and burn that token. Loyal users of the Launchpool platform have the opportunity to share many of the team’s benefits, including increasing the value of the token inventory. All information in this article is information compiled by CoinCu and does not constitute investment advice. CoinCu is not responsible for direct and indirect risks. Good luck!