The journey for blockchain protocols doesn’t finish after their Token Technology Occasion (TGE); in some ways, it’s just the start. Whereas pre-TGE initiatives typically bask within the glow of investor hype and assist, post-TGE protocols often face vital hurdles when trying to lift extra funds by promoting discounted tokens from their treasury.
Fragmented fundraising environments and liquidity points plague these initiatives, diverting their focus from growth to fundraising. Enter Vellos—a groundbreaking platform designed to deal with these challenges head-on.
The Fragmented Fundraising Atmosphere
For pre-TGE initiatives, the fundraising panorama is bustling with enterprise capitalists, brokers, and launchpads desirous to put money into the following huge factor. Nonetheless, this enthusiasm typically wanes as soon as the TGE is full. Submit-TGE protocols discover themselves in a fragmented surroundings the place:
Restricted Entry to Buyers: VCs and funds specializing in pre-TGE investments might not lengthen their companies to post-TGE initiatives, leaving a spot in assist.Deal with New Hype: Many traders chase after the latest initiatives producing buzz, sidelining established protocols that also require capital to develop.Time-Consuming Funding Hunts: Protocol founders are compelled to spend beneficial time in search of funding as an alternative of advancing their platforms.
The shortage of a centralized market for post-TGE investments means there’s no streamlined means for these initiatives to attach with appropriate traders, impeding their progress and innovation.
The Liquidity Conundrum
Liquidity poses one other vital problem:
Troublesome Offloading: Current gamers within the low cost token market deal primarily with pre-existing SAFTs or token warrants laden with situations, making them exhausting to dump.Massive Ticket Sizes: Massive-ticket low cost token offers are powerful to promote, limiting the pool of potential patrons.Focus of Tokens: When massive quantities of a protocol’s tokens are held by a single entity, it creates promoting strain 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 Submit-TGE Protocols
Vellos emerges as an answer to those persistent issues. It’s a low cost token market particularly tailor-made for post-TGE initiatives, aiming to democratize entry to discounted tokens and streamline the fundraising course of.
What’s Vellos?
Vellos is a platform the place initiatives can supply their treasury tokens at a reduction on to their loyal group and a broad spectrum of different customers. By breaking down massive raises into smaller, manageable ticket sizes, Vellos permits particular person customers to take part in funding rounds historically reserved for large gamers.
How Vellos Addresses the Challenges
Unified Market: Vellos creates a centralized surroundings the place post-TGE initiatives and traders can join effortlessly.Enhanced Liquidity: By coping with new funding automobiles reasonably 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: The complete course of is permissionless and automatic, together with pockets and token checks, decreasing administrative burdens.NFT Resale Market: To introduce liquidity for patrons, NFTs may 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 increase 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 consumer who purchases discounted tokens turns into a ‘micro-Key Opinion Chief.’ With pores and skin within the sport at a good value, these customers usually tend to advocate for the challenge, amplifying its attain and affect.
Managed Promoting Stress
Protocols can set customized cliff and vesting phrases proportional to the low cost supplied, permitting them to handle the promoting strain and keep 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 growth and operations.
Deal with Core Improvement
With fundraising streamlined via Vellos, protocol founders can dedicate extra time and sources to constructing and enhancing their merchandise, driving innovation and worth creation.
Vellos Telegram App: Bootstrapping Neighborhood Progress
To broaden and interact its group, Vellos not too long ago launched a Telegram app that has shortly gained traction. Throughout 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 partaking options, incomes factors alongside the best way:
Doge To Earn: Gamers can take part within the “Doge To Earn” sport, the place they dodge enemies to build up factors. The extra profitable they’re at avoiding obstacles, the extra factors they will earn. Gamers also can 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 mates to hitch 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 mates and eight% from oblique mates.
Activity: Gamers can full duties, equivalent to following Vellos on varied social networks (SNS), to earn further factors and rewards.
Trying past simply level farming, Vellos goals to make the most of the Telegram app as a platform for training and community-building, offering beneficial content material and sources that improve consumer 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 initiatives to attach with a broader investor base, interact their communities, and deal with what really issues—constructing distinctive merchandise within the web3 house.
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Disclaimer: CryptoSlate is a strategic advisor for Vellos.
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