What is Celo Launch? The most anticipated launchpad platform on Celo network in 2021

May 1, 2022 - Around 4 mins mins to read

Celo Launch is the first defi launchpad on Celo Network. Their vision is to construct an autonomous launchpad on CELO after recognizing the CELO Network’s future potential

What is CeloLaunch?

Celo Launch is the first IDO platform on Celo Network, launched in September 2021. Celo Launch provides a growing number of decentralized services by leveraging unique, adaptable technology to add value to the DeFi industry as a whole, as well as the CELO network particularly. Other capabilities include farming, staking, and AMM Dex, in addition to the exceptional benefit of serving as a fundraising platform for LaunchPad projects.

CeloLaunch currently has two products, LaunchPad and NFT Marketplace, that are available for purchase.

Celo Launch products

IDO Platform: LaunchPad is a platform to support projects calling for capital from the communityLiquidity Lockers

Token Vesting: Vesting Feature is a stand-alone feature provided to project owners and early adopters that connects to our in-house platform, where wallets holding tokens are displayed in a distinct UI, allowing investors to assess it more rapidly.

Liquidity Locker: In the DeFi area, “locking liquidity” has become the norm and “rug pull” is the most feared term that no investors would like to encounter. CeloLaunch Team provide automatic liquidity lockers for project developers to employ as a security feature to lock their liquidity provider tokens.

Farming: The farming feature provides project developers with a method to reward their community by setting up a farming vault that pays liquidity providers with their own tokens.

Staking: Celo Launch is a solution for long-term projects that are continually looking for new ways to reward their communities, such as by creating staking contracts that incentivize investors to take advantage of the benefits offered by their favourite firms.

AMM Dex: One of the most essential aspects of the DeFi ecosystem is the automated market maker (AMM), which allows digital assets to be exchanged automatically and without authorization by utilizing liquidity pools rather than a traditional market of buyers and sellers.

Outstanding Features

Anti-rug-pull

Rug-pull is one of the most significant dangers that DeFi initiatives face in Crypto ecosystems, and it is one that no investor wants to incur. Rug-pull difficulties have been reported on tens of billions of dollars worth of projects.

Celo Launch will address this by thoroughly verifying total controlled amounts based on project token economics before releasing them to the public. All of those frauds will be identified in this way, resulting in a safe and accessible ecology for users.

Liquidity Lockers

The most important threat to the growing DeFi ecosystem is insufficient and lockless liquidity, which is why the project has worked hard to lock in automatic liquidity using native smart contracts for projects that pick CeloLaunch.

Fair distribution

Guaranteed allocations are uncommon in DeFi projects, and even holders who receive a certain quantity of tokens are subject to the FCFS method. The CeloLaunch avoids this by ensuring that the same participants are credited.

Roadmap

Q2 2022

Marketing Strategy
Secondary Token for AMM
AMM Platform Finalization
NFT Marketplace Finalization
DAO for NFT owners Development
Liquidity Locker Development
Token Vesting Development
$cLA Bridge to other EVM network Development

Q3 2022

Marketing Strategy
DAO for NFT owners Finalization
Liquidity Locker Finalization
Token Vesting Finalization
$cLA Bridge Finalization

Q4 2022

Marketing Strategy
cLASwap Lottery Development
cLASwap Prediction (Rise or Fall) Development
CeloLaunch Loans Development

Technical Data

Token Metrics

Token Name: Celo Launch
Ticker: cLA
Blockchain: Celo Network
Token Standard: ERC-20
Contract: 0x5927fd244e11db1c7b1215619144d2aabac80a4f
Token Type: Utility
Total Supply: 100,000,000 cLA

Token Allocation

Token Sale

Token Use Case

Join IDO: CeloLaunch ($cLA) holders are able to purchase the NFT on the platform to be eligible to participate in all CeloLaunch presales
Staking: Holders may earn passive income via cLA staking or farming via our services.

Backers

Team

Updating….

Partners

Verdict

Celo Launch is a project with great vision and ambition when it wants to become a multi-functional platform with all the necessary elements of DeFi such as AMM, Farming, IDO, NFT Market place,,…etc. However, in order to have a firm foothold in a fledgling ecosystem like Celo in particular and the entire Crypto market in general, it is necessary to have results shown by quality indicators and statistics.

Find more information about: Celo Launch

Website: https://celolaunch.io/

Whitepaper: https://docs.celolaunch.io/

Twitter: https://twitter.com/celolaunch

Telegram: https://t.me/celolaunch_ann

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do

your own research before investing.

Ken.N

Coincu Ventures

DeFi

What is Celo Launch? The most anticipated launchpad platform on Celo network in 2021

Celo Launch is the first defi launchpad on Celo Network. Their vision is to construct an autonomous launchpad on CELO after recognizing the CELO Network’s future potential