🛠️IDO Landscape

Problems with previous IDO platforms

One may think "Another day, Another IDO Platform" - IDO is surely not a new concept. Ever since the huge success of Polkastarter, earlier generations of IDO platforms have immensely helped the dApp development and explosive growth across various chains. However, numerous pain points still persist. Unfavourable tokenomics with long lockup tied with indefinite holding period, which rapidly depreciates in token price, have essentially “rekt” long term investors. Only a small proportion of early participants have benefitted from the Pump and Dump at the TGE, not necessarily supporting or even acknowledging the development of new projects.

Even worse, one will be filled with regrets checking fees.wtf to see their lucrative six digit spending during the gas wars - most likely higher than their actual allocation. Some of the pre-existing IDO platforms airdropped tokens to participants' wallets which typically took several minutes or even hours into TGE. While others gotten their drops fast, and this caused great inequity amongst fellow IDO participants.

Aggregating the historical user experience and the eventual cool off across various incubators and short lived project launches, Algolaunch, together with Algorand, is the gateway to the latest generation of capital raising.

Algolaunch introduces:

• Carefully modelled tokenomics optimized for wider audience

• Tier system augmented with lottery mechanics to maximize opportunities for small players as well as to generously reward high stakers

• Simultaneous social and staking pools to encourage participation from wider audience without compromising profitability for both higher and lower tier participants

• Taking full advantage of Algorand’s immediate transaction finality, Algolaunch implements first-in-market token claim mechanics to mitigate TGE delays and improve user experience

• Pre-deposit of funds for each lottery giving sufficient time for preparation, as well as to reward loyal $LCH stakers