Trailblaze is a new launchpad for Web3 founders and startups. The project seeks to provide a solid user experience. Their main goal is fair, transparent token distribution. Launchpads play huge roles in the success of crypto projects.
Trailblaze is more than a launchpad. It facilitates all types of token raises. This includes NFT drops, INOs, and IDOs. Trailblaze serves as a decentralized link between crypto projects and their potential investors. It offers a trusted and transparent way for users to take part in newer projects.
Crypto experts believe we still have a bull market ahead of us. The bull market could happen months from now. So, regardless of current sentiment, increasing your portfolio should be your goal. There are thousands of new projects, and deciding what to invest in can be tedious.
Crypto launchpads are a good way to spot potential gems for your bag. Top launchpads like the Trailblaze Launchpad only list projects that meet certain criteria. Trailblaze uses a meticulous curation process to vet projects. The Mighty Labs DAO guides this vetting process. This process ensures that only top potential projects have access to the launchpad.
Mighty Labs operates as a multi-tier DAO (Decentralized Autonomous Organization). It features a diverse group of KOLs, founders, artists, and developers. This means that it is not centralized. The DAO distributes its governance and decision-making among these various stakeholders. Mighty Labs DAO evaluates all project applications, ensuring they meet specific standards.
Trailblaze caters to both projects and investors. The project helps developers raise the funds needed to further their development. Also, it enables investors to access good projects for their portfolios.
What are the advantages of Trailblaze?
Trailblaze offers a couple of benefits for projects that are listed on its launchpad. First, the VIP KOL portal grants members access to exclusive tokens. And NFT drops with special allocations. In addition, Trailblaze’s VC Angel Portal simplifies pre-seed and seed funding. This helps reduce fees and makes the process smoother.
Trailblaze caters to different investor interests by offering a comprehensive token distribution scheme. Furthermore, Trailblaze isn’t limited to Ethereum. It also supports newer EVM-compatible chains and the Bitcoin ecosystem. This wide coverage makes it an all-round platform. Trailblaze’s decentralized vetting process ensures only the best projects make the list. This boosts investor confidence. And provides strong support for developers.
How does Trailblaze list new projects?
Here’s how Trailblaze lists new projects:
-
Referral and Initial Screening. Trailblaze allows anyone to refer projects and earn $XBLAZE rewards. Elected councilors screen these projects to ensure they meet the standard.
-
Decentralized Due Diligence. Projects that pass the screening move on to the next stage. Here, they undergo due diligence. The councilors access them across various metrics such as tokenomics, investors, and roadmap. They also consider partnerships, community viability, and business viability.
-
Feedback and Improvement: Trailblaze provides insight into projects, including unsuccessful applicants. These insights help them improve further.
-
Listing and Launch. Successful projects secure listings on the Trailblaze Launchpad for investment via IDO or INO. Trailblaze takes a fee from each raise, with 10% going to the Mighty Labs treasury.
It is important to note that Trailblaze requires applicants to pay an $XBLAZE fee. However, Mighty Labs NFT holders enjoy reduced fees. The $XBLAZE token powers the Trailblaze platform. Investors stake $XBLAZE to get priority in early-stage projects. Community members earn $XBLAZE by referring projects and participating in initiatives.
What next?
Trailblaze plans to add a couple of features in the coming months. Some of their ongoing developments include:
-
Angel/VC portal
-
New fast, low-cost Layer 1s and Layer 2s.
-
VIP portal
-
Exciting NFT drops
-
Ordinals and runes
They’ve also had partnerships with Aethir Cloud. Trailblaze has the potential to become one of the biggest Web3 launchpads. Their thorough diligence with projects ensures investors only access the best projects available.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by Trailblaze.
Copyright Altcoin Buzz Pte Ltd.