GMD Launchpad: Enhanced Model, GMD Incubator, & Allocation Marketplace

We are excited to introduce key updates to the GMD Launchpad to ensure more effectiveness, encourage wider participation, and further strengthen the GMD Ecosystem. Our refined model also includes the introduction of an “Incubator Phase” prior to projects being launched on the GMD Launchpad.

Most of the Launchpad model will remain the same, as per our old model: GMD Launchpad: Launchpad as a Service | by GMD Protocol | May, 2023 | Medium.

However, the following adjustments will be made:

1. Fee Adjustments for Increased Effectiveness:

GMD Launchpad has re-evaluated its platform fee structure. Instead of taking 4% of the total amount raised on the GMD Launchpad, we will now take a reduced fee of 2.5%. This change is aimed at encouraging more promising projects to join our ecosystem, thus potentially enhancing the value for all our stakeholders.

2. Introduction of GMD Incubator:

Before being launched on the GMD Launchpad, projects will now go through an incubator phase. During this period, projects will receive guidance, mentorship, and support from experienced members of the GMD Protocol team and community. This will help the projects to fine-tune their strategies, foster stronger roots in the community, and be better prepared for the eventual launch.

All you need to start with will be a good idea, and we will help you build and launch your next great DeFi project.

Further information of GMD Incubator will be released soon.

3. Queue System

We’re also thrilled to introduce a new queue system for the GMD Launchpad, aiming to reward our loyal community members and promote our staking protocols. This system is designed to prioritize certain stakeholder groups during the launch phases, giving them exclusive access to new launches for set periods before being opened to the wider community. The queue system will work as follows:

1. First 15 minutes: esGMD Stakers Only

During the first 15 minutes of a launch, only esGMD stakers will be allowed to buy into the new project. This is our way of thanking and recognizing the community members who are staking their tokens in esGMD for their continued support and commitment to our ecosystem.

2. Next 15 minutes: esGMD and xGND Stakers

After the initial 15 minutes have passed, the next 15 minutes will see the participation of both esGMD and xGND stakers. This aims to provide an additional incentive to those staking their tokens on the xGND platform and incorporate them into the initial phases of the launch.

3. After 30 minutes: All GMD Stakers

Once the first 30 minutes have passed, all GMD stakers, regardless of the specific staking platform, will have the opportunity to participate in the launch. This includes the entire GMD staking community and is aimed at ensuring wide participation and equitable distribution.

By implementing this queue system, we hope to create a fairer, more balanced launch process that values and rewards the GMD community members who contribute to our ecosystem’s stability and growth. We believe this system will further drive staking within the GMD ecosystem, contributing to a more robust and engaged community.

Lastly, Allocation Marketplace:

Indeed, the positive reception of the marketplace in its first round has led us to further integrate it into our offerings. We’re excited to announce that GMD Launchpad will include an Allocation Marketplace.

This Allocation Marketplace will continue to allow participants to trade their allocations in new projects before and after they go live. It provides an avenue for users to get early access to projects they missed out on or to offload allocations in projects they’ve decided not to pursue.

We will release official information on the Allocation Marketplace SOON!