Sent by MWG to jsgeneis

(This proposal show great importance of launchpad and propose specific launchpad for mainnet launch, It is not mandatory to consider only one launchpad, if jsgenesis agree on launchpad idea then they can consider any launchpad using their team, MWG will facilitate through anyway, Robert has put together a list of launchpads here)

As Joystream looks to get its name out there, one of the effective method is to tap in already existing audiences. This is what launchpads can offer on mainnet launch. It’s quite a good model: people are always looking to get in early on projects, projects are looking for brand awareness and sometimes funds too: both incentives align. Because all reputable launchpads have its own vetting processes for startups to list which make projects trustworthy for people.

Gate.io launchpad

Gate.io is a leading digital currency exchange with over 10 million users in 190 countries worldwide. The company offers trading services for over 1,300 cryptocurrencies, as well as a wholly integrated suite of products. For example, its startup platform; NFT Magic Box marketplace; cryptocurrency loans; and more.

Gate.io Startup is blockchain assets airdrop offering that allows early blockchain projects to enhance brand awareness among Gate.io’s users.

How Gate.io launchpad works

If Gate.io Startup select a projects to launch then they list it on their platform as upcoming launches. They also share the launches with their users socially and huge community is always waiting for new launches on their platform. Listing process will define below. It is important to understand here that gate.io offers 3 kinds of launches:

Airdrop (Recommended)

In this kind of launch, project allocate certain number of its tokens for airdrop. Gate.io users lock usdt for following airdrop and finally Gate.io Startup team proportionally distribute project tokens to users who locked their usdt depending on their no. of usdt locked. If someone locked more usdt, his allocations of tokens will more than others. Users can unlock usdt when they receive the airdrop. This is most common method using by projects on Gate.io Startup and it is successful too.

•Discount and DAO Lockup (Not recommended)

For Discount and DAO Lockup, projects offer Gate.io users the opportunity to invest in potential projects at their early stage with a competitive price.

Gate.io review the projects

  1. Gate.io Startup team evaluates the project’s practicality, the founding team, and compares it with other projects to assess its health and longevity.
  2. It offers a choice to keep the project listed on the exchange.

Startup listing

Gate.io Startup puts projects through a thorough vetting process to ensure projects listed on the platform are legitimate. Gate.io Startup only lists quality projects that can prove its long-term potential.

Once approved, the project is required to provide and publish key information such as:

  1. Token name and symbol