Project Selection and Vetting
The first stage in the launchpad process is the selection and vetting of projects:
Application Submission: Prospective projects apply to be listed on the launchpad. This application includes detailed information about the project, including its whitepaper, technical framework, team credentials, and overall market potential.
Due Diligence: The launchpad team conducts a thorough vetting process. The project's whitepaper needs to outline a clear, viable, and innovative concept. The technical framework must be feasible and secure. And the credentials of the founding team are assessed to ensure they have the expertise to deliver on their promises.
Market Analysis: The potential market impact and demand for the project are then analyzed. This includes examining the competitive landscape and potential user adoption rates.
Selection: Only projects that meet the stringent criteria set by the launchpad are selected. This rigorous vetting process helps ensure that only credible and promising projects are introduced to investors.
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