What is LaunchBlock? All information about LaunchBlock and token LBP

• LaunchBlock Overview
• What is LaunchBlock?
• Basic Features of LaunchBlock
• LaunchBlock's main products
• LaunchBlock project developer and investor
• Overview of the LBP . token
• What is LBP Token?
• LBP . Token Allocation
• Where can LBP tokens be bought and sold?
• The future of LaunchBlock and should I invest in LBP tokens?
• summary

LaunchBlock Overview

What is LaunchBlock?

LaunchBlock is a decentralized launchpad platform that facilitates people to invest early in DeFi, NFT, GameFi projects. Similar to current launchpad platforms, LaunchBlock creates a playground for users to participate in token sale rounds for investment funds.

The project development team is committed to a KYC process, thoroughly vetting IDO-registered projects before listing on the LaunchBlock platform. This helps investors save time in project appraisal and feel more secure when buying tokens of that project.

LaunchBlock not only provides a launchpad platform but also integrates Farming, Staking, Play-to-earn games... This makes LaunchBlock an "all-in-one" solution for projects released on Ethereum. In the future, this project is expected to expand to other blockchains such as BSC, Solana, Polygon , etc.

Basic Features of LaunchBlock

The distinguishing feature of LaunchBlock lies in the values ​​that the platform brings to its ecosystem: 

About technology

• Supports interaction with many other blockchains
• Provide tools to support the development of projects
• GameFi Tools
• NFT Tool
• Reward mechanism for members of DAO 

For users

• Play-to-earn integration allows users to earn money in many ways, including interactive to earn
• Provides an easy-to-use interface for both developers and investors
• Many programs incentivize users to join the platform with various rewards such as exclusive NFT, LaunchBlock tokens

For partners

• Provide a platform that integrates both CEX & DEX
• Support Promising Hackathons
• Provide promotional & marketing resources and support KOLs
• Dedicated & reputable consulting team
• Provide abundant liquidity resources

For the project

• Automatic Plug-and-play resource set provisioning
• LaunchBlock provides interoperability and lasting value to projects through the platform's own “Circles flywheel”
• Support tools, ways to encourage users to hold the project's own tokens

Besides, LaunchBlock will focus around 3 main items:

Community

The investor community is at the heart of the LaunchBlock project. They are seen as catalysts that promote projects in the development ecosystem. That's why LaunchBlock creates monetization and investment opportunities to attract more people to join their community. Especially those who want to help the project build the future of Web 3 and Metaverse. 

Collaborate on multiple projects

In addition to creating a decentralized environment that supports development ecosystems, LaunchBlock seamlessly integrates multiple DApps, protocols, and services to enhance the experience of all users. 

Quality

The development team, the quality of the projects, partners and technology are indispensable factors for LaunchBlock. Initially, the project will focus on GameFi, Metaverse, NFT innovation & sports field in blockchain space. 

Another highlight of LaunchBlock is “Circles flywheel”, it includes components such as: Promotion and marketing, growth strategy, platform, partnership, NFT collection , technology, CEX & DEX.

Accordingly, each project will enjoy certain benefits from LaunchBlock's "Circles". LaunchBlock and DAO community members who contribute to “Circles” will receive rewards based on each person's authority for interacting with the platform.

In addition, the final components of “Circles” will be automated for both the project, the community, and LaunchBlock partners.

LaunchBlock's main products

Some of LaunchBlock's main products include The Pad, Governance, Play-to-earn, Farm, Stake... and some other products under development. Within the framework of this article, we will briefly introduce some of LaunchBlock's featured products.

Play-to-earn

Every community member will play LaunchBlock official games to get rewards and gain access to LaunchBlock by Tier. Besides, players can get more rewards such as exclusive NFTs, tokens and more… 

The Pad

The Pad is a place for all members of the community to invest in the project from the very beginning. This is the main product of LaunchBlock, it allows users to participate in token sales rounds of venture capital projects. 

LaunchBlock Launch

This product will have the task of supporting development projects in many different aspects. Accordingly, projects will receive support depending on the Tiers designed by LaunchBlock, specifically 3 Tier levels as follows:

Tier 1 – Playload

LaunchBlock will support projects from the start of development to the listing of tokens on the exchange. The platform will support methods of raising capital, promotion & marketing, consulting, connecting KOLs and listing services to help promote successful projects. 

Tier 2 – Pre-flight checks

LaunchBlock helps established projects reach out to a larger community. The platform will support growth strategies, consulting, tools and user acquisition campaigns. 

Tier 3 – Take off

Projects will benefit from LaunchBlock's user file, and the platform will facilitate IDO implementation projects. That is, after going through the appraisal round, the project will be listed on LaunchBlock and then will be launched. 

LaunchBlock project developer and investor

Development team

Matt Lucz : Founder and former CEO of Travala.com, and Founder and CEO at HoDooi.com.

Steph Gemson : Former CFO of Travala.com and world famous EPL club Manchester United.

Zia Word : Expert advisor for large investment funds and top projects. 

Josh Crowe : Founder of Monstr Agency - a company specializing in growth strategies for businesses and personal brands on social networks.

And some other members such as: John Quigley, Mitchel McKeown, Justin Berick, Nicholas Merten.

Investors

The project is invested by many famous investment funds in the cryptocurrency market such as AU21 Capital, Three M Capital, Sheesha Finance...

Partner

LaunchBlock's current partners include Skyvision Legal, HoDooi.com, Yellow and Liquid Ventures.

LaunchBlock's Development Roadmap

State 1: 

LaunchBlock Pad Development (MVP version)

• KYC whitelist integration
• Multi-chain compatibility
• Announcement of Tier
• Launching “First come, first serve” mechanism
• Launch of the lottery mechanism
• The tool deploys a new contract for each token sale
• Integrate the process of receiving and distributing tokens after the IDO ends
• Launching Telegram BOT corresponding to LaunchBlock user states

Application Development (DApp)

• MetaMask . wallet integration
• Integrate backend/smart contract interoperability
• Integrated compatibility with Multichain 

Phase 2: 

• Integrate Multichain Compatibility into Launch Chain 2
• Launching LaunchBlock Staking V1, LaunchBlock Bridge

Stage 3:

• Launching LaunchBlock Farm

Stage 4:

• Launching LaunchBlock Governance and LaunchBlock Play-to-earn 

Overview of the LBP . token

What is LBP Token?

LBP is the native token of the LaunchBlock platform, some background information:

• Ticker: LBP
• Blockchain Network: Ethereum (ERC-20)
• Total Supply: 10,000,000,000 LBP
• Circulating Supply: 140,000,000 LBP
• Initial Market Cap: 1,080,000 USD

The LBP token has the following functions: 

• LBP holders will get many privileges in LaunchBlock ecosystem
• Investors can bring LBP to staking, farming to receive attractive rewards
• LBP holders can participate in the administration of the LaunchBlock project

LBP . Token Allocation

• Seeds: 8%
• Private: 8%
• IDO: 0.2%
• Liquidity: 10%
• Economy Fund: 13.8%
• User Engagement Incentives: 20%
• Team & Advisors: 10%
• Play-to-earn: 10%
• Foundation Reserves: 20%

The token allocation schedule will be detailed in the figure below:

Where can LBP tokens be bought and sold?

Currently LaunchBlock is holding an event to sell LBP tokens on Huobi Primelist. Investors can refer to LaunchBlock's method of participating in this event in TraderH4's article " Details of the 22nd Primelist Event ".

The future of LaunchBlock and should I invest in LBP tokens?

LaunchBlock not only provides a launchpad platform, but also provides tools to support the development project from the very beginning. Besides, LaunchBlock is user-centric to create an IDO playground that brings more benefits to users. 

With the LaunchBlock platform, users can participate in investing in projects at the fundraising stages for venture capital funds. This gives users closer access to the project, and at the same time removes the financial impediment for retail investors.

In addition, LaunchBlock's long-term goal is to create an ecosystem of Web 3.0 projects . Hopefully this will promote and help projects incubated by LaunchBlock develop more quickly. 

Some official information channels of the project that investors can follow are:

Website | Twitter | Telegram | Discord | Medium

summary

Above are the details of the LaunchBlock project and the LBP token. In general, LaunchBlock offers a launchpad platform with a variety of project genres in many areas such as DeFi, NFT, GameFi. However, LaunchBlock is still in development, and there are no IDO-registered projects on the platform yet. This means that the project's products have not been officially put into operation and are in the process of being completed. Therefore, investors need to research carefully before deciding to invest in this project.

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