What do launchpads pay attention to?
Making contact with the launchpad is only the first step, although sometimes the most difficult to complete. In order for the project’s tokens to eventually find their way onto the platform, as a rule, a few basic conditions must be met.
The first question raised by decision-makers is usually about past investments. What matters is not only the value of the funds raised, but also which specific VC funds have decided to acquire the project’s tokens. Hearing the names of known entities is an important part of project verification for them.
Another issue that is sure to be raised is the product question. Launchpads are reluctant to accept projects that do not yet have a finished product. The absolute minimum is Proof-of-Concept, while the standard is to have an MVP version of the product.