Launchpad Review

Sam
XBorg
Published in
13 min readJul 1, 2024

The XBorg Launchpad is our first product and has been active for two years. As we prepare new chapters for the platform, this article takes a step back and explores past projects, performances, and future updates

Metrics

The performance of our launchpad is demonstrated through a series of metrics

Based on our current metrics, we have identified the following North Star objectives to steer our future growth and success in the upcoming year:

  • Increase Total Raised Amount: Aim to raise $10,000,000 in funding
  • Expand Investor Base: Increase the number of unique investors to 1,200
  • Increase Ticket Size: Raise the average ticket size to $100,000 for select opportunities
  • Maximise ATH Performance: Target an average ATH performance of at least 600%

To achieve these objectives, we will expand outreach to grow and diversify our investor base while increasing the number of high-value projects listed on our launchpad. However, we do not plan to increase the number of listed projects to boost listing frequency. We are dedicated to offering only the strongest projects in the space.

Projects

This section will explore all projects launched with XBorg, outlining their past roadmap, future developments, token performance where relevant, and TGE dates. All numbers are accurate to the time of writing the article — July 1, 2024.

Launched projects

Aether Games

Token performance

  • Launched: March 7, 2024
  • Terms: 6-month lock, 18-month vesting, and 5% unlocked at TGE
  • Ticker: AEG
  • Buy Price: $0.02
  • ATH Price: $0.343817
  • Current Price: $0.0347452
  • ATH Performance: +1619%

Highlights

  • Game development studio and ecosystem Aether Games started their journey with their flagship TCG title Aether (formerly “Cards of Ethernity”). The team has since doubled down on Aether’s competitive viability by hosting a series of tournaments in collaboration with different communities.
  • Currently, Aether is available to play on Web3 launchers, such as Hyperplay and Ultra, alongside the Web2 launchers Epic Games.
  • They further bridged the gap between Web3 and Web2 through their partnership with the popular Amazon Prime TV series, The Wheel of Time.

Exverse

Token performance

  • Launched: April 24, 2024
  • Terms: 5-month cliff, 17-month vesting, and 7% unlocked at TGE
  • Ticker: EXVG
  • Buy Price: $0.035
  • ATH Price: $0.161219
  • Current Price: $0.03521728
  • ATH Performance: +360%

Highlights

  • Initially planning on spanning across three unique ecosystems: a battle planet, a quest planet, and a social planet, Exverse was struck by the tides of the poor market conditions of 2023. During this period, they made smart pivots, channelling their developments towards their FPS, and began the integration of AI in their product. Today, they are on track to developing their broader ecosystem.
  • Regarding developments, Exverse has announced their near availability on Epic Games, the introduction of their in-game marketplace, new maps, and a sneak peek at AI text-to-NFT skin generators.
  • The team has shared that it intends to announce its strategic partnerships with esports teams, L1s/L2s, and Gaming Guilds.

Trinity of the Fabled

Token performance:

  • Launched: April 29th, 2024
  • Terms: 12-month Linear Vesting, 10% at TGE
  • Ticker: ABYS
  • Buy Price: $0.0338
  • ATH Price: $0.068258
  • Current Price: $0.00691603
  • ATH Performance: +101%

Highlights

  • The Trinity of the Fabled (formerly known as “The Fabled”), developed by Octavian Studios, positioned itself as the next-gen Web3 souls-like game built on Unreal Engine 5. Currently, the game is listed on Steam for early sign-ups, a milestone for mainstream adoption of a GameFi project
  • The Token Generation Event (TGE) for Trinity of the Fabled took place via the TrustSwap Launchpad, with subsequent listings on Gate.io and MEXC. Despite some initial surge of interest, the $ABYS token experienced substantial price fluctuations, plummeting by 46.80% within a week. Despite some positive trends in recent days, the price is still on a downtrend.

Elixir

Token performance

  • Launched: March 27, 2024
  • Terms: 3-month cliff, followed by a 24-month vesting
  • Ticker: ELIX
  • Buy Price: $0.039
  • ATH Price: $0.10443
  • Current Price: $0.059945
  • ATH Performance: +167%

Highlights

  • Born in 2018 and now backed by Square Enix and the Solana Foundation, Elixir Games has undergone many stages. Initially acting as a launcher, it has also delved into the incubation of games and projects — our latest investment round into RobKiden is an example of one such project. Other titles in their roster include CyberTitans, Tinies, and No Way Back.

Yet to launch

The XBorg launchpad offers opportunities at the earliest rounds, providing our community with the most favourable terms. However, with such early rounds comes the uncertainty of TGE dates. Much of the TGE event will be dependent on market climates. During unfavourable times, many will focus on game development to not jeopardise their future, in which many player communities like ours have invested time, money, and support. Any date shared is tentative and subject to change.

Harvest

  • Positioned as a flagship GameFi project for Binance, The Harvest has, unfortunately, halted development due to unforeseen technical and financial challenges. Falco began working with The Harvest game in 2022 and achieved significant milestones in promoting the Web3 shooter title. Unfortunately, Falco could not secure a stable path forward, and all developments have been halted.
  • Falco is currently exploring ways to offer investors exit settlements, and XBorg is actively monitoring developments.

Bornless

Highlights:

  • As one of the earliest projects listed on the XBorg launchpad, The Bornless has shown significant progress. Emphasising Web2 native experiences and gameplay, it has garnered much attention from traditional distributors and players alike.
  • Currently, 300 creators and ambassadors support the game with their communities, over 210,000 wishlists on Steam, and 95,000 playtest signups, with an internal target to reach half a million wishlists. Additionally, the team has told us to keep our eyes on their social media in the coming weeks as they announce exciting developments via major news and distribution channels.
  • Continuing the gaming news, The Bornless will be at GamesCom, where you can experience The Bornless, cosplay events, giveaways and much more. They shared that they could be found in the main entertainment area, “Look for the big creepy-looking booth”.
  • The team is active in sharing Dev Logs and feedback from playtests. They encourage all investors to jump on their Discord, introduce themselves, and join in on playtest sessions to share input and build the product up together.

TGE Details:

  • There is no concrete date for the token release as Cathedral Studios prioritises its upcoming gaming-related benchmarks.

Thalon

Highlights:

  • Thalon, a project that saw early incubation from many gaming communities such as Ethlizards and XBorg, took a downturn in developments, with some restructuring that saw certain members leaving the team. Since then, they have focused on delivering the project’s alpha as they gear up for an IDO.
  • With the alpha version of their game out, their goal is to showcase it, gather feedback, and grow their community. Growth is a major objective for the project, so we encourage anyone curious to test the Alpha release.

TGE Details:

  • The team has emphasised the importance of the current alpha release stage before exploring TGE dates.

Rooniverse

Highlights:

  • Seeing an initial drop after a spike in popularity, the mobile game Rooniverse has steadied its developments and is reportedly on track. All efforts are now targeting tournaments to build back growth and popularity. With still a cult of early backers, Rooniverse aims to gain a wider audience and prepare for public releases.

TGE Details:

  • The team has shared that TGE is to be expected in 2025.

Ethlizards

Highlights:

  • The Ethlizards have made two major updates in recent months. They announced the anticipated launch of the Lizard Launchpad and an upcoming free mint that will provide access to it. The mint will occur in July, and holders will almost immediately get access to opportunities.
  • Building on their fundraising efforts, the team currently has a Strategic KOL round open and will remain open for a few weeks. The conclusion of the round will lead to TGE preparations.

TGE Details:

  • Building on the details shared above, the team has expressed that, based on conversations with CEXs, they are aiming for early Q3. However, no hard date has been set.

MAYG

Highlights:

  • Due to a major infrastructure upgrade to the optimisation process of their multiplayer sync, MAYG’s launch to beta version 0.9 has been delayed for the past three months. However, a major change has been completed, allowing the team to roll out the latest Beta version.
  • Alongside feature builds, the team has announced that they will soon share exciting news about the exclusivity of their IP to an undisclosed chain. Stay tuned to their socials as they gear up to announce the partnership around July 10th.

TGE Details:

  • MAYG has planned its TGE for its official Beta release. Players and investors are welcome to join them and share feedback as they collectively prepare for this day.

ChronoForge

Highlights:

  • After completing a recent public playtest, the game received 7,000 concurrent players. Though they did experience stability issues during their session, the gameplay was well-received. Following the playtest and feedback, the team partnered up with two AAA companies, onboarding Tantalus (Known for their work on titles like Zelda and Sonic Mania) and InMotion (Known for their experience working on NBA2K and Final Fantasy 15) to address issues and develop their project further. Additionally, Adventurer NFT holders can now access weekly dev builds to identify bugs earlier.
  • Alongside the playtests, the team released their Chronopoints app, with almost half a dozen Web3 games signed up as token partners. Announcements and rewards for this partnership will be shared, building up to TGE.
  • Finally, a staking program has been announced, which includes NFT drops and Chronopoint rewards.

TGE Details:

  • Despite the market climate, the team is considering a TGE for their $RIFT token in late July/early August. However, we emphasise that such expectations are subject to change.

ChronosWorlds

Highlights:

  • Closing their seed and private rounds, ChronosWorlds raised their target with investors from Elixir, Kardia Ventures, XBorg, X21 Digital, DCI, Cogitent Ventures, Halvings Capital, XTream Capital, Tokafi Capital, HVS Ventures, AWC, and others.
  • Recently, the team released their Only Up mini-game, giving users access to various rewards for playing, such as Elixir Season Pass, weekly leaderboards, social media contests, and play-to-airdrop points. Stay connected with their socials in the coming weeks as they announce the chance to win over $50,000 in rewards.
  • Finally, the team has also released their cinematic trailer as they begin their growth campaigns to acquire a diverse range of users. To supplement their strategies, they have hosted tournaments — one PVP event saw over 16 creators going head to head — and created a platform for their players to grind quests and earn points.

TGE Details:

  • The team expressed their hopes of launching next month but also noted the likelihood of pushing it back until the market stabilises.

Playember

Highlights:

  • PlayEmber is a mobile game studio with over 120 million downloads and 5 million Monthly Active Users, 1 million of whom are Web3 users. When writing this review, the project was ranked 8th in the Gaming and 4th in the Collectible categories on DappRadar.
  • Having established its presence in the mobile gaming industry, the team now focuses on integrating innovative technologies and enhancing user engagement with current and future titles.

TGE Details:

  • The team has expressed that they will focus on their products and eventually gear up for TGE when the market settles.

Shards

Highlights:

  • Shards integrated with Captain & Company, launching a tournament with $500k in rewards. The platform now supports 779 guilds across Petopia, Pegaxy, and Captain & Company, achieving over $600k in trading volume with 27,600 trades.
  • Their present metrics include 46.6k unique wallets in their point system campaign, over 250k Twitter followers, and 36k Discord members.
  • Ongoing partnerships include Gala, Taiko, Linea, Telos, AstraNova, Draftables, and Shutdown.

TGE Details:

  • The team shared that they are on track with their internal TGE CEX listing targets, tentatively scheduled for late July. Though always subject to market conditions, they are in discussions for listings on Bybit, Kucoin, and other exchanges.

Everreach

Highlights:

  • Kickstarted by a team with experience in Far Cry 3, Rainbow Six Siege, and Fortnite, Evverreach has big expectations for a unified gaming ecosystem powered by its $EVER token. Their primary product will be REVENGE, an FPS PVE game currently available to be wishlisted on Steam and the Epic Games store. The project has partnered with Twitch, Crypto.com, Neo Tokyo, Blacktokenomics, XBorg, and more alongside the two traditional distributors. Additionally, they have seen investments from X21 Digital, Castrum Capital, Insignius Capital, Unreal Capital, Rana Capital, Unity Ventures, and IBC Group.
  • Everreach aims to release an alpha version of REVENGE in Q3 2024 and the beta version in Q4 2024, by which time they plan on showcasing major partnerships and esports tournaments.
  • Regarding tokens and investments, Everreach has improved the terms of all their rounds, including XBorg’s. They have adjusted the schedule to have a shorter cliff and higher unlock at TGE, achieved through collaboration with Blacktokenomics and Jeff Nowak, founder of Maven Capital. Additional updates on their funding rounds include: Pre-seed round — closed, Seed round — closing at $3.2M, KOL round — starting in July, Public round — closed, signed by ChainGPT and DAO Maker)

TGE Details:

  • The team has set a tentative TGE target for mid-September, with the following improvements to the XBorg round: TGE unlock increased to 8.5% from 7.5%, cliff decreased to 3 months from 6 months, and vesting period increased from 14 months to 10 months.

Redacted Coin

Highlights:

  • Maintaining its stealth marketing, Redacted Coin has not shared public details surrounding developments. They have established a strong network of strategic partners and investors, including recent investments from Animoca Ventures, XBorg, Covey, Tokenomy, and Yurei, with more to be announced soon.
  • Among the other announcements made by Redacted Coin was the launch of Multifarm.io. A comprehensive multi-ecosystem farming platform powered by iAgent — a gamer-enabling protocol powered by DePIN and AI. Stay connected to socials as they announce updates to the platform.

TGE Details:

  • The team shared that it is too early in their development to discuss TGE dates, though they are presently in discussions with exchanges. They are now focusing on developing their ecosystem, products, and community.

Shadow War

Highlights:

  • Shadow War has demonstrated significant growth, doubling its player numbers month-to-month and seeing substantial participation in the latest May playtest. The upcoming June playtest is projected to perform equally well. Parallel to their userbase growth, the team has achieved another major milestone of being officially published on Steam. We encourage all investors and interested players to wishlist and follow the game before its official release (Dates not disclosed).
  • Supplementing this report, the team has confirmed that they intend to release a detailed report outlining the latest developments. Planned updates include introducing new characters, map redesigns, combat system revamps, tournament details, and campaigns.

TGE Details:

  • Considering market climates, the team has stated that they aim for a TGE as soon as market conditions improve. However, they have shared some general plans with our community, including a P2A campaign in Q3 2024 leading up to the token launch and their aim for tier 1 exchange listings. The goal is to target the TGE for this year and position Shadow War as a top contender in the space.

Sparkball

Highlights:

  • The dynamic 4v4 competitive “sport brawler” Sparkball is preparing to announce its highly anticipated Season 0 launch after extensive development changes. Additionally, the team has secured a series of strategic esports and investment partnerships, setting the stage for a groundbreaking entry into the competitive gaming arena. All announcements will be made via their Official X account.

TGE Details:

  • There is no indication of TGE at the current stage, as the focus is on the launch of Season 0 and community growth.

DARKTIMES

Highlights:

  • Developed in stealth since 2021, DARKTIMES has officially closed its current early funding round, following successful raises led by Neo Tokyo, Ethlizards, and XBorg, to name a few communities. With the momentum gained, the team officially signed and closed their deals with CEXs and chains. Detailed announcements will be made shortly following a marketing campaign. Relevant metrics include over 15,000 pre-registrations for early access, where an exclusive alpha testing environment is planned for late Q3, and a beta release is targeted for late Q4 2024.
  • In the coming eight weeks, DARKTIMES will launch a marketing campaign for its $TIMES token, inaugurate the official Discord, and announce details surrounding the anticipated Rune Run campaign, during which a major partnership will be revealed. Other minor announcements will include the release of their first gameplay teasers, anime, and in-game characters.

TGE Details:

  • The desired chains and CEXs have been secured, with a tentative internal TGE date. Follow DARKTIMES on social media as they gear up to announce soon.

Future Builds

The Launchpad V1 has greatly benefited our community over the past two years. However, we have come far as a company, and it is time to level up the platform. The launchpad will go through two distinct phases in the foreseeable future:

  • Phase 1 — Launchpad V1.5: This update will be an intermittent step before its larger ecosystem integration. It will see a full infrastructural overhaul. Among its features, it will allow XBorg to leverage a more secure infrastructure, a new KYC system, increased compliance with European regulations, access to broader deal flow, and the integration of $XBG in the platform. This update will make the investment process easier for the end user, allow us to grow our investor base, develop the foundations of $XBG utility, and broaden our general offerings. The expected release date is early Q3 2024.
  • Phase 2 — Launchpad V2: The launchpad V2 build will integrate the platform into the broader XBorg ecosystem, allowing concepts like player identity to play a significant part in its feature builds — players will be able to access unique investment opportunities based on their identity and affiliations. Though there is no expected release date, this phase will bring exciting new features and opportunities for our community. More details to be shared following the release of V1.5.

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