Connect with us

Sponsored

Flyby Launchpad: A decentralized multi-chain fundraising platform

Published

on

Introduction 

Flyby Launchpad is a platform for crowdfunding for any new project launched on a decentralized exchange platform using coins or tokens.  The decentralized multi-chain fundraising platform allows organizations to raise funds while assuring early-stage investors that their funds will be safe. ​Due to the project’s blockchain-based approach, people from various backgrounds can contribute.

Flyby launchpad is a multi-chain decentralized platform of smart contracts that supports launching auctions and token pools without incurring network congestion. At the same time, Flyby launchpad will allow projects to support crowdfunding and choose from different auction methods, such as: 

  • Crowdfunding
  • Dutch auction
  • Batch auction

Generally, the Flyby launchpad is a fully decentralized launchpad for blockchain and digital assets projects to help them easily launch a new project on the exchange.

Flyby launchpad is supported by the forbitspace foundation as a launchpad for new projects to sell their tokens.

– Lists tokens on forbitswap and access liquidity immediately

– Allows for the creation of tokens to be sold in crowd sale or auction formats.

– Allows access to forbitswap — the liquidity mining rewards program.

Flyby Launchpad develops multi-chain IDO launchpads that are best in terms of decentralization, scalability, and security across multiple blockchains. Flyby launchpad is the platform we develop to offer a seamless experience for users. Our IDO launchpad is running on multiple chains which have been available in the crypto space. With our multi-chain IDO launchpad portal, we are kicking off future crypto startup projects and game projects.

Why is Flyby launchpad IDO important to the project?

Flyby launchpad brings at providing a secure environment for early-stage projects to raise funds, create awareness and liquidity on multiple chains. At the same time, platform will also offer crypto investors an equal chance to discover more projects and investment opportunities in a streamlined process.

Truly decentralized IDO platform Flyby launchpad where anyone can launch their IDO without restriction or limitations, barriers or permission and choose from a wide range of customizable parameters, including the IDO type (eg. fairer implementation of the Dutch auction or Batch auction).

What makes IDO successful?

As in the case of ICOs, STOs, and IEOs, in IDO the main factors for the success of a token sale are the quality of the project and marketing, just in the new model, the probability of success is much higher. Moreover, marketing is often more important than the prospects, readiness, and usefulness of a startup, since advertising can create the appearance of all this. But these are exceptions. If you have a ready-made product (MVP, demo version) and it really solves some user problems, then its IDO will be successful.

Why are traders leaning towards IDOs over IEOs?

The main reasons why cryptocurrency investors prefer to invest in IDOs over IEOs are accessibility and security. Accessibility, since anyone can buy tokens during the IDO with any amount on hand and no additional checks are required. In addition, in the Initial Dex Offering, there are also no restrictions related to the investor’s jurisdiction, while in the Initial Exchange Offering they can be present. 

 With regard to security, in the case of IDO, the investor should not transfer his/her funds to the internal accounts of the exchange. All transactions are carried out through smart contracts that provide P2P transfers. DEX acts here only as a provider of these smart contracts. The platform does not store user money, private keys, or other important confidential data.

Key features of Flyby launchpad

Flyby launchpad brings key feature elements which is multichain, the future of Web3.

  1. Interoperability: With interoperability in place, capital raising via a token reaches an all-new level allowing companies and projects to launch their tokens on several blockchains at once.
  2. Network effects: Running a multichain IDO will help address the opportunity cost involved when you only go with one chain.
  3. Cost of rebuilding: Projects who choose to go with a multichain IDO do not have to reinvent the wheel again and again for different chains. In most cases, the platform bears the cost and provides a unified experience to the community.
  4. Rewards earning potential: Owing to its multichain capabilities, investors get an opportunity to earn rewards and switch as and when they find better incentive programs that align with their goals.

How does Flyby launchpad work?

Market place: The market is where tokens are sold. Project parties can choose from three different auction methods:

  •  Crowdfunding
  •  Dutch auction
  • Batch auction

After a successful auction on the marketplace, projects can choose to add liquidity to forbitswap and apply for the liquidity incentive program.

Liquidity: is combined with the forbitswap’s liquidity pools and is the most attractive to project owners. The PoolLiquidity contract takes all the hassle out of creating, funding, and launching a liquidity pool on forbitswap protocol.

Pool Launcher: After completing the sale of the token on the marketplace, the PoolLiquidity contract automatically pairs the funds raised during the sale with the tokens set aside by the factory, which are then launched on forbitswap as liquidity.

Which mainnets Flyby Launchpad support?

The growth of the crypto market created particularly prominent names on each ecosystem. As evidence of this, there is Uniswap on Ethereum, PancakeSwap on BNB Chain, Quickswap on Polygon, etc. These projects are all operating independently of each other, limiting the accessibility of users. The primary objective of Flyby launchpad must be a better user experience. Going multichain will solve the user experience problem and make it available to investors and stakeholders from all chains, rather than missing out on the best of others by being present on only one blockchain.

  • Ethereum
  • BNB Chain (BSC)
  • Polygon
  • Avalanche

Flyby Launchpad pros & cons

Pros

  • Flyby launchpad is a fully decentralized launchpad;
  • Anyone can create auctions and join auctions on any particular token;
  • Flyby launchpad is a low-cost, high-secure, scalable, and user-friendly that is built on multiple blockchains including Ethereum, BNB Chain, Polygon, and Avalanche;
  • Besides that, no charges; solid customer support; ease of use;
  • Additional educational material is being provided so that users know how to use the platform step by step.
  • Flybylaunchpad is supported by the forbitspace foundation. You’d also have access to the forbitspace community, and receive assistance from there.

Cons

  • Flyby launchpad, like other DeFi launchpads, is vulnerable to launchpad bugs.

Final thought

Flyby Launchpad provides regular investors with access to opportunities that were previously only available to venture capitalists and other large-scale investors. However, there are two solid reasons why you might want to invest in a launchpad project. The first is that you want to gain access to the projects. The second is because you believe the launchpad’s native token will be appreciated.

The key reasons why cryptocurrency investors prefer IDOs over IEOs are accessibility and assurance of security. With accessibility, anyone can buy tokens for any amount during IDO, and no additional checks are required. Furthermore, there are no restrictions related to the investor’s authority in the Initial DEX Offering, whereas they can be present in the Initial Exchange Offering.

You can learn more about us at the official website:  https://flybylaunchpad.com/ 

Disclaimer: This is a paid post and should not be treated as news/advice.

 

Jacob is a sponsored content writer at AMBcrypto whose interest lies in blockchain technology and its impact on the changing global economy.

Click to comment

Leave a Reply

Your email address will not be published.

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.