Genesis Pool
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Why Genesis Pool?
What is the state of the launchpad sector and what are the challenges that need fixing
Launchpads, where retail investors are able to participate in Initial DEX Offerings (IDOs), have become increasingly popular over the last few years. By knowing that the average investor has traditionally been unable to buy into projects before their launch, and with a never ending supply of new projects coming to market; launchpads have been popping up everywhere, cashing in on this investment wave. Launchpads are now an integral part of every network’s ecosystem; Binance has around ten and the Cardano network already has three. In total there are around 70 launchpads in the cryptosphere.
Nearly all of these launchpads offer a very similar model of investing; buy a set number of their native tokens and investors will qualify for one of their investment tiers and a potential allocation at the IDO. The more tokens bought, the higher the tier and the higher the presale token allocation. The native launchpad tokens are locked up, sometimes for long periods of time with no rewards, as a condition of being eligible for the ‘snapshot’, which looks at all the wallets and gives qualifying token holders a place on the whitelist.
With the hype around launchpads, many of the native tokens are now very expensive and to qualify for the lowest investment tier can cost around $5,000 and even with this investment, investors are not guaranteed allocations.
The main reason for this is so many of the major launchpads join projects at a very late stage and more often than not, accept token allocations of around 1% of the total tokens minted for their community. These tiny allocations of pre-sale tokens results in the need for complicated tiers, lottery whitelistings and a huge number of disappointed investors who fail to get an allocation. Even those who do get chosen will often get allocations sometimes under $20.
Another major problem is launchpads fail to stop projects having large wallet holders, with poorly vested tokens, who are able to dump their shares immediately upon launch or after short vesting periods. This puts huge selling pressure on the fledgling token price.
Well run IDOs will of course lock-in these seed and private tokens so they can’t be dumped on launch, but this so often doesn’t seem to happen.
  1. 1.
    They are expensive to buy into and the launchpad native token will often rise prior to an IDO, adding to this expense
  2. 2.
    There are often complex tier systems, with the lowest tier giving the least benefits
  3. 3.
    There is not always a guaranteed allocation of IDO tokens
  4. 4.
    If you are successful in being whitelisted, allocations can be very small, as low as $5-20
  5. 5.
    Very few of the tokens minted go to the retail investor and there are often large ‘whale’ wallets
  6. 6.
    Upon launch, many tokens experience a pump and dump or a prolonged death from selling pressure
  7. 7.
    Launchpad native tokens will then fall in value after the IDO losing holders money, especially if there is a long wait to the next IDO
So what can be done about this? Is there a solution that benefits both the retail investor, the founders of the project launching and also the launchpad themselves?
GPool thinks we have found the answer and we feel that our groundbreaking approach will give the power and the profits back into the hands of our investors.

How will we do this?

  1. 1.
    GPool will work with projects from a much earlier stage to secure a larger allocation of tokens for its community.
  2. 2.
    Investors will be able to buy into our launchpad for a reasonable initial investment
  3. 3.
    There will be no complicated tiers, but just ONE tier making all investors equal
  4. 4.
    Investors that make the whitelist are guaranteed a sizeable allocation of presale tokens
  5. 5.
    Projects will only have private investment if agreed by the community of GPool investors
  6. 6.
    There will be no whale wallets to dump the price on launch
  7. 7.
    The launch will be fully transparent
  8. 8.
    All GPool members will have equal voting rights in the direction of the company and will be able to vote on upcoming projects and tokenomics
  9. 9.
    A loyalty pass and single staking pool will add to the benefits of holding the GPool token
  10. 10.
    A healthy stream of exciting projects, fully audited and financed, coming through for consideration
  11. 11.
    A cross-chain, interoperable platform that can find and launch projects from any part of the cryptosphere
  12. 12.
    And finally, with the success of the GPool launchpad, our native token will become a sought after addition to any aspiring retail investor’s portfolio

How GPool will work with projects from a much earlier stage:

Last modified 4mo ago
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