The Entity Launchpad: Elevating the MultiversX Blockchain
By spotlighting the best new projects, the Entity Launchpad will help elevate the entire MultiversX ecosystem. In today’s article, discover how the Entity Launchpad will create value for builders and investors alike.
Reaching new heights
In 2019, MultiversX (formerly Elrond) was itself a project on the Binance Launchpad.
During the blockchain’s subsequent growth, MultiversX’s own launchpad has played a key role.
Yet even with several successful launches on the xLaunchpad (formerly Maiar Launchpad) since its inception, the platform can only feature a small fraction of the high-quality projects building on MultiversX.
Introducing: The Entity Launchpad
To accelerate growth on MultiversX, we need more decentralized infrastructure. That’s where Entity and the Entity Launchpad come into play.
“We are extremely excited about the Entity Launchpad. It will catalyze new growth and uplift the entire MultiversX ecosystem.”
— Wolfgang Rückerl • Founder of Entity & Istari Vision
Just like Entity, launchpads are designed to benefit both builders and investors. Builders enjoy the fundraising and community growth they get from being incubated on a launchpad, while lucky investors get a chance for early access to exciting startups.
When more great projects launch on MultiversX, everybody wins.
The best from across the galaxy
The Entity Launchpad will include projects across a variety of use cases and industries. Entity can potentially launch any type of startup, as long as it has core integration with the MultiversX blockchain.
There is no limit to what type of project can be featured on Entity:
- Decentralized Finance (DeFi)
- Blockchain Gaming (GameFi)
- NFT and Metaverse
- And more
Empowering builders
Due to its rapid transaction speeds, high bandwidth, and low fees, builders around the world use MultiversX for their Web3 projects. The Entity Launchpad encourages further growth by supporting MultiversX startups that innovate and address needs in the community.
“Even the most hardcore teams struggle with hard problems: it is not technical or product problems that kill most startups, but rather distribution. Finding the right communication channels. Building a diehard community. Tapping into sustainable ecosystems.”
— Beniamin Mincu • Founder & CEO of MultiversX
Any project building on MultiversX has a chance to launch on Entity and benefit from incubation, decentralized fundraising, and exposure. As Entity adds more modules, there will be even more ways for projects to collaborate and grow together.
Empowering investors
The Entity Launchpad is the perfect opportunity for investors to get an early stake in the “next best thing” on MultiversX. Entity gives the community a chance to support the hottest projects at an attractive entry point before they are listed on exchanges.
Furthermore, Entity Launchpad projects will benefit the community throughout their entire life cycle. Stay posted for more information about how Entity will incentivize sustainable development and generate revenue flows back to investors.
Liftoff for the MultiversX universe
Even if your project is not featured on the Launchpad, Entity wants to help you succeed as a builder.
Because there are so many strong projects under development on MultiversX, Entity will collaborate with a diverse range of projects to integrate and find synergies.
With the Entity Launchpad at its core, the platform will develop an entire interconnected ecosystem of projects, builders, DeFi investors, gamers, NFT collectors, and beyond.
First in flight
For more information about the launch process and who will be the first Entity Launchpad project — stay tuned!
As always, you can find the latest Entity updates on Twitter and Telegram.
Enhancing the MultiversX Ecosystem
Entity is a Launchpad and suite of cutting-edge tools for Web3 builders and investors. Entity is focused on catalyzing growth in key areas such as DeFi, GameFi, NFTs and real-world blockchain applications.
MultiversX is a highly scalable, secure and decentralized blockchain network created to enable radically new applications, for users, businesses, society, and the new metaverse frontier.
