The journey for blockchain protocols doesn’t finish after their Token Technology Occasion (TGE); in some ways, it’s only the start. Whereas pre-TGE tasks typically bask within the glow of investor hype and help, post-TGE protocols ceaselessly face vital hurdles when trying to lift further funds by promoting discounted tokens from their treasury.
Fragmented fundraising environments and liquidity points plague these tasks, diverting their focus from improvement to fundraising. Enter Vellos—a groundbreaking platform designed to handle these challenges head-on.
The Fragmented Fundraising Atmosphere
For pre-TGE tasks, the fundraising panorama is bustling with enterprise capitalists, brokers, and launchpads desperate to spend money on the following massive factor. Nevertheless, this enthusiasm typically wanes as soon as the TGE is full. Put up-TGE protocols discover themselves in a fragmented setting the place:
Restricted Entry to Traders: VCs and funds specializing in pre-TGE investments could not prolong their companies to post-TGE tasks, leaving a niche in help.Concentrate on New Hype: Many traders chase after the latest tasks producing buzz, sidelining established protocols that also require capital to develop.Time-Consuming Funding Hunts: Protocol founders are compelled to spend useful time searching for funding as a substitute of advancing their platforms.
The dearth of a centralized market for post-TGE investments means there’s no streamlined manner for these tasks to attach with appropriate traders, impeding their progress and innovation.
The Liquidity Conundrum
Liquidity poses one other vital problem:
Tough Offloading: Present gamers within the low cost token market deal primarily with pre-existing SAFTs or token warrants laden with situations, making them onerous to dump.Massive Ticket Sizes: Massive-ticket low cost token offers are robust to promote, limiting the pool of potential consumers.Focus of Tokens: When giant quantities of a protocol’s tokens are held by a single entity, it creates promoting strain as tokens vest, probably destabilizing the token’s worth.
These points contribute to a much less dynamic market, the place each consumers and sellers face obstacles that hinder the ecosystem’s general well being.
Introducing Vellos: A New Alternative for Put up-TGE Protocols
Vellos emerges as an answer to those persistent issues. It’s a low cost token market particularly tailor-made for post-TGE tasks, aiming to democratize entry to discounted tokens and streamline the fundraising course of.
What’s Vellos?
Vellos is a platform the place tasks can supply their treasury tokens at a reduction on to their loyal neighborhood and a broad spectrum of different customers. By breaking down giant raises into smaller, manageable ticket sizes, Vellos permits particular person customers to take part in funding rounds historically reserved for large gamers.
How Vellos Addresses the Challenges
Unified Market: Vellos creates a centralized setting the place post-TGE tasks and traders can join effortlessly.Enhanced Liquidity: By coping with new funding autos relatively than pre-existing ones, Vellos simplifies the method of shopping for and promoting discounted tokens.Dynamic NFTs: Vellos employs proprietary dynamic NFTs that act as keys to the underlying tokens. As tokens vest, NFT homeowners can declare them at will, including a layer of flexibility and safety.
Key Options of Vellos
Automated Onboarding: Your entire course of is permissionless and automatic, together with pockets and token checks, decreasing administrative burdens.NFT Resale Market: To introduce liquidity for consumers, NFTs could be traded at any time, even earlier than vesting begins, offering an exit technique and market dynamism.Income Sharing: Initiatives obtain a portion of the income from secondary NFT trades, creating an ongoing income stream.
The Advantages for Protocols
By leveraging Vellos, protocols can unlock a number of benefits:
Direct Funding from the Group
Protocols can increase funds by providing discounted tokens on to the neighborhood that has supported them from the beginning. This inclusivity strengthens neighborhood bonds and diversifies the investor base.
Creation of ‘Micro-KOLs’
Every person who purchases discounted tokens turns into a ‘micro-Key Opinion Chief.’ With pores and skin within the recreation at a positive value, these customers usually tend to advocate for the venture, amplifying its attain and affect.
Managed Promoting Stress
Protocols can set customized cliff and vesting phrases proportional to the low cost supplied, permitting them to handle the promoting strain and preserve token stability.
Constant Income Stream
By incomes a share of the income from secondary NFT trades, protocols set up a further, constant earnings supply that may fund ongoing improvement and operations.
Concentrate on Core Growth
With fundraising streamlined by Vellos, protocol founders can dedicate extra time and assets to constructing and enhancing their merchandise, driving innovation and worth creation.
Vellos Telegram App: Bootstrapping Group Development
To increase and have interaction its neighborhood, Vellos lately launched a Telegram app that has shortly gained traction. Inside the first two weeks since its launch, the app amassed 240,000 lively customers, signaling sturdy curiosity and participation.
The app permits customers to work together with a number of participating options, incomes factors alongside the way in which:
Doge To Earn: Gamers can take part within the “Doge To Earn” recreation, the place they dodge enemies to build up factors. The extra profitable they’re at avoiding obstacles, the extra factors they’ll earn. Gamers can even use these factors to improve their in-game options, enabling them to spice up their point-earning potential over time.
Invite: Customers can invite their buddies to hitch the app, incomes vital factors for every referral. Moreover, they profit from passive point-earning alternatives, receiving 16% of the factors earned by their direct buddies and eight% from oblique buddies.
Job: Gamers can full duties, akin to following Vellos on varied social networks (SNS), to earn further factors and rewards.
Wanting past simply level farming, Vellos goals to make the most of the Telegram app as a platform for schooling and community-building, offering useful content material and assets that improve person expertise and engagement over time.
Conclusion
Vellos stands poised to disrupt the post-TGE fundraising panorama by addressing the fragmentation and liquidity points which have lengthy hindered protocols.
By making a unified, automated, and liquid market for discounted tokens, Vellos empowers tasks to attach with a broader investor base, interact their communities, and deal with what really issues—constructing distinctive merchandise within the web3 house.
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Disclaimer: CryptoSlate is a strategic advisor for Vellos.
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