The journey for blockchain protocols doesn’t finish after their Token Technology Occasion (TGE); in some ways, it’s only the start. Whereas pre-TGE tasks usually bask within the glow of investor hype and help, post-TGE protocols steadily face vital hurdles when trying to lift further funds by promoting discounted tokens from their treasury.
Fragmented fundraising environments and liquidity points plague these tasks, diverting their focus from improvement to fundraising. Enter Vellos—a groundbreaking platform designed to deal with these challenges head-on.
The Fragmented Fundraising Setting
For pre-TGE tasks, the fundraising panorama is bustling with enterprise capitalists, brokers, and launchpads desperate to spend money on the subsequent massive factor. Nevertheless, this enthusiasm usually wanes as soon as the TGE is full. Put up-TGE protocols discover themselves in a fragmented surroundings the place:
- Restricted Entry to Traders: VCs and funds specializing in pre-TGE investments could not prolong their companies to post-TGE tasks, leaving a niche in help.
- Deal with New Hype: Many traders chase after the latest tasks producing buzz, sidelining established protocols that also require capital to develop.
- Time-Consuming Funding Hunts: Protocol founders are compelled to spend worthwhile time in search of funding as a substitute of advancing their platforms.
The dearth of a centralized market for post-TGE investments means there’s no streamlined method for these tasks to attach with appropriate traders, impeding their progress and innovation.
The Liquidity Conundrum
Liquidity poses one other vital problem:
- Tough Offloading: Current gamers within the low cost token market deal primarily with pre-existing SAFTs or token warrants laden with situations, making them onerous to dump.
- Giant Ticket Sizes: Massive-ticket low cost token offers are robust to promote, limiting the pool of potential patrons.
- Focus of Tokens: When giant quantities of a protocol’s tokens are held by a single entity, it creates promoting stress as tokens vest, doubtlessly destabilizing the token’s worth.
These points contribute to a much less dynamic market, the place each patrons and sellers face obstacles that hinder the ecosystem’s general well being.
Introducing Vellos: A New Alternative for Put up-TGE Protocols
Vellos emerges as an answer to those persistent issues. It’s a low cost token market particularly tailor-made for post-TGE tasks, aiming to democratize entry to discounted tokens and streamline the fundraising course of.
What’s Vellos?
Vellos is a platform the place tasks can supply their treasury tokens at a reduction on to their loyal group and a broad spectrum of different customers. By breaking down giant raises into smaller, manageable ticket sizes, Vellos permits particular person customers to take part in funding rounds historically reserved for giant gamers.
How Vellos Addresses the Challenges
- Unified Market: Vellos creates a centralized surroundings the place post-TGE tasks and traders can join effortlessly.
- Enhanced Liquidity: By coping with new funding automobiles somewhat than pre-existing ones, Vellos simplifies the method of shopping for and promoting discounted tokens.
- Dynamic NFTs: Vellos employs proprietary dynamic NFTs that act as keys to the underlying tokens. As tokens vest, NFT homeowners can declare them at will, including a layer of flexibility and safety.
Key Options of Vellos
- Automated Onboarding: Your entire course of is permissionless and automatic, together with pockets and token checks, lowering administrative burdens.
- NFT Resale Market: To introduce liquidity for patrons, NFTs could be traded at any time, even earlier than vesting begins, offering an exit technique and market dynamism.
- Income Sharing: Initiatives obtain a portion of the income from secondary NFT trades, creating an ongoing income stream.
The Advantages for Protocols
By leveraging Vellos, protocols can unlock a number of benefits:
Direct Funding from the Neighborhood
Protocols can elevate funds by providing discounted tokens on to the group that has supported them from the beginning. This inclusivity strengthens group bonds and diversifies the investor base.
Creation of ‘Micro-KOLs’
Every person who purchases discounted tokens turns into a ‘micro-Key Opinion Chief.’ With pores and skin within the recreation at a positive value, these customers usually tend to advocate for the venture, amplifying its attain and affect.
Managed Promoting Strain
Protocols can set customized cliff and vesting phrases proportional to the low cost provided, permitting them to handle the promoting stress and preserve token stability.
Constant Income Stream
By incomes a share of the income from secondary NFT trades, protocols set up an extra, constant revenue supply that may fund ongoing improvement and operations.
Deal with Core Improvement
With fundraising streamlined by means of Vellos, protocol founders can dedicate extra time and assets to constructing and enhancing their merchandise, driving innovation and worth creation.
Vellos Telegram App: Bootstrapping Neighborhood Progress
To increase and interact its group, Vellos lately launched a Telegram app that has rapidly gained traction. Inside the first two weeks since its launch, the app amassed 240,000 lively customers, signaling robust curiosity and participation.
The app permits customers to work together with a number of participating options, incomes factors alongside the best way:
Doge To Earn: Gamers can take part within the “Doge To Earn” recreation, the place they dodge enemies to build up factors. The extra profitable they’re at avoiding obstacles, the extra factors they’ll earn. Gamers may also use these factors to improve their in-game options, enabling them to spice up their point-earning potential over time.
Invite: Customers can invite their buddies to affix the app, incomes vital factors for every referral. Moreover, they profit from passive point-earning alternatives, receiving 16% of the factors earned by their direct buddies and eight% from oblique buddies.
Activity: Gamers can full duties, resembling following Vellos on numerous social networks (SNS), to earn additional factors and rewards.
Wanting past simply level farming, Vellos goals to make the most of the Telegram app as a platform for training and community-building, offering worthwhile content material and assets that improve person expertise and engagement over time.
Conclusion
Vellos stands poised to disrupt the post-TGE fundraising panorama by addressing the fragmentation and liquidity points which have lengthy hindered protocols.
By making a unified, automated, and liquid market for discounted tokens, Vellos empowers tasks to attach with a broader investor base, have interaction their communities, and concentrate on what really issues—constructing distinctive merchandise within the web3 house.
To be taught extra:
Disclaimer: CryptoSlate is a strategic advisor for Vellos.