The blockchain space has entered into a second wave of a Cambrian explosion of projects in 2021, this time revolving around the new frontier of DEFI and NFTs. While the 2017 ICO boom imploded with big projects raising $200m to $1b, which primarily caused the bubble to pop, the 2021 batch of fundraising projects are raising in the modest range of $1m to $5m. This has been a boon for smaller-scoped and less ambitious projects. But the bigger ideas and more ambitious ones are stranded with high-cost, high bureaucracy options like Coinlist or Binance. To move this industry forward, there has to be a more innovative way to structure this.
Introducing BSClaunch, an all-in-one DEFI platform with its own launchpad for projects that can cater to low-raise gems and ambitious projects requiring big capital. But unlike other IDO platforms or launchers, BSClaunch also allows a wide scoped project launch as an ecosystem IDO. We call this an Ecosystem IDO.
An Ecosystem IDO is a great way to do a public sale for a wider-scoped multi Dapp project. In this format, the Ecosystem project will IDO multiple products with their own tokens. This gives our token holders a chance to support bigger scoped projects in a diversified way by choosing and picking one or two or more of the IDOs in an ecosystem IDO rather than having no choice but to invest as a whole. The founder will also benefit from a broader base of supporters who participated in their public sale.
For example, instead of raising $4m for our BSClaunch ecosystem, we have split it across 5 IDOs — B-Launch, B-Swap, B-Farm, B-Tool, B-NFT, and B-Insure. 30% of the allocation of the 2nd to 6th IDOs is reserved for public sale participants of the previous Ecosystem IDOs, giving a valuable benefit to supporting each! Each of the products will become a low-cap gem with its own dedicated team and funds to grow fast into a contender in the industry.
With BSClaunch, we will not just offer a very safe and well-supported all-in-one Launchpad for one product fundraises but multi-product projects! It also opens the possibilities of complementary but separate projects to bundle themselves and launch together.
We will reveal more details in the upcoming days. For now, we hope to see you in the channels below as part of the BSClaunch family.
Stay up to date with our latest news through:
Telegram Official Channel: www.t.me/Bsclaunchchannel
Telegram Community Chat: www.t.me/Bsclaunchgroup
Read our docs: https://doc.bsclaunch.org/