Avalaunch seeks to be the first protocol, built exclusively for the Avalanche ecosystem, to offer promising and innovative projects a fast, secure and efficient platform for fundraising in a decentralized and permissionless fashion.
Initial Decentralized Exchange Offerings (IDOs) saw great interest from inception during the DeFi boom of Q2, mirroring the ICO mania of 2017. While the hyper-speculative ICO phenomena was followed by a commensurate crash and burn, the IDO has risen once more. Largely gone are the costly entries to the centralized parties; replaced by a permissionless issuance with low barriers to entry. Projects arrive more mature, hard caps are in the stratosphere and though token generating events are trending, emergent market like DeFi are here to stay. Still, IDOs are not void of challenges nor impervious to problems.
The current IDO model is broken and is stifling true innovation. We’d like to fix that.
- Front-running new listings which creates gas wars and the same whale games IDOs were meant to subvert.
- Confusing exchange mechanics which isolate newer participants.
- Extremely volatile price action leaving most investors at a disadvantage.
- Users can have negative experiences and are less likely to return which: Discourages new listings, robbing the space of future potential.
There are additional difficulties including, but not limited to: prohibitively expensive gas fees, automated market makers dictating price, gamified distributions and incomplete fundamentals. Morever, despite future promises, IDOs are currently restricted to the Ethereum network, placing a relative stranglehold on innovation.
The Avalaunch Solution
Though complex and far-reaching as the aforementioned problems are, the remedy to what ails fundraising is quite simple. Avalaunch will endeavor to offer the following functionalities:
- Low volatility
- Secure applications
- Faster Finality
- Intuitive design
- Less expensive transactions with higher throughputs
- The ability to move assets between blockchains
While the solution is actually quite elegant on paper, it has been hamstrung by the available technology, until Avalanche.
Avalaunch is a decentralized protocol which will offer token pools and auctions, allowing teams to raise funds for their projects in a permissionless and interoperable environment using the Avalanche Blockchain.
We will allow the creation and ownership of swap pools, based on both and stable and fluid token prices. Our “Stable Pools” offer projects several advantages over the current models like:
- Stable price
- Predictable outcomes
- More informed investors
- Secure and compliant
- Fair distribution of tokens
- Positive community sentiment
- Beyond tokens sales — OTC, auctions, whitelist sales
Ultimately, secure, fast, transparent fundraising, empowering the right teams, will help drive the space forward. Avalaunch is an investor-centric platform that supports, not confuses, participants by offering an environment in which everyone wins. Our culture is built around fostering innovation and talented teams, which brings real value through useful applications and forward-thinking development. Welcome to the future of fundraising.