👨‍🚀 Launchpad & Ecosystem

👨‍🚀 Launchpad & Ecosystem === SolanaPrime: decentralized primary market on Solana <br /> # Introduction Which products will compose the SolanaPrime ecosystem? --- - SolanaPrime launchpad and primary markets dApp. - PRIME token that will fuel the SolanaPrime launchpad dApp. - SolanaPrime "basket-of-tokens" token (SPIX) which represents a share of the fund containing all project tokens that have IDO’d through the launchpad. - Prime Incubator, our very own accelerator for dApps on the Solana ecosystem. - PRIME DAO, for the project’s governance and decision making (TBA). How is SolanaPrime contributing to the Solana and overall blockchain ecosystem? --- SolanaPrime will be the primary market gateway for the next generation of DeFi, GameFi and Metaverse dApps to launch on the Solana ecosystem, either as a direct token participation in the IDO or an indirect exposure to SolanaPrime in its entirety (through SPIX token; see next page of more details). Our community will know that SolanaPrime is the go-to primary market for the latest and hottest projects on Solana. SolanaPrime’s extensive due diligence process will ensure projects launched through our platform will have the greatest chances of success in the market while at the same time filtering the noise from the massive number of projects launching across the cryptosphere. What is SolanaPrime’s motivation? --- At SolanaPrime we are passionate about expanding the benefits of blockchain technology throughout the world. Blockchain’s applications for decentralized finance, gaming, and other key socioeconomic areas are changing value as we know it. We have found that something is missing. Hundreds of blockchains, thousands of protocols, and millions of users still lack robust and efficient decentralized infrastructure, especially within the rapidly growing Solana ecosystem. That's where we come in. Why Solana? --- Solana’s ecosystem is fast, secure and censorship-resistant, which provides an environment for applications and developers to flourish without limitations. Whether developing GameFi, DeFi or other decentralized tech, Solana’s high TPS, low network fees and coding adaptability will make for a sound environment for developing. Being the first web-scale blockchain of its kind, its novel timestamp mechanics and Tower BFT (Byzantine Fault Tolerance) consensus will make for a network with complete functionality to its users. Having launched its mainnet beta in March 2020, the network already has 3.5% of all total value locked (TVL) across all chains (at about USD 9.9Bn) and hosts several impactful projects such as: USDC, Chainlink, Kin, BSN, Exodus, Serum, Star Atlas and many more promising protocols. Solana offers a unique opportunity to develop the next boundless decentralized ecosystem. It is a synergistic relationship; the SolanaPrime launchpad will leverage on the unique characteristics of Solana, providing the stepping stone for its unparalleled DApp ecosystem. SolanaPrime will enable projects to raise funds by providing many types of unique fundraising mechanisms. Who will benefit from the platform? --- The SolanaPrime platform will primarily benefit the Solana community; i.e. all parties previously involved and/or interacting with the Solana ecosystem will have the option to easily access a vast array of IDO opportunities through a trusted and very rigorous entity. How will SolanaPrime incentivize its community? -- There are a number of mechanisms whereby PRIME token holders can gain rewards and yields for holding PRIME. Mainly, there will be a high APY return in SPIX tokens to those staking PRIME; as there will be a high distribution rate of SPIX minting. But this will decrease with time to preserve the value of the fixed supply of SPIX, which will eventually be completely mined. We are also always exploring new ways to incentivize and engage our platform participants, and include those from the pre-existing Solana community. Please make sure to read our roadmap for more information on our development phases. Also; You can read our Medium articles [here](https://medium.com/solanaprime) for more detailed information. Why does SolanaPrime have strategic partnerships with Venture Capital organisations? -- Each companies' route to market is different. At SolanaPrime, we chose to work closely with established venture capital partners to ensure that we have the expertise and funding in place to maximise our chances of early success. Due to the complexity and vision of the SolanaPrime ecosystem, we required access to VCs with deep funding profiles to ensure we were well placed for success from our inception. VC partners take on a significant amount of risk by investing into early-stage projects. They also provide opportunities and insights that are instrumental to the launch of the SolanaPrime platform. --- What is a Launchpad? --- The first component of the SolanaPrime ecosystem is a decentralised funding platform, or launchpad. Through this launchpad, the next-generation of Solana dapps, games and other disruptive projects will undertake significant capital raises through our IDO capabilities. What is an ‘IDO’ and why is SolanaPrime using ‘IDOs’? --- An IDO is an acronym for Initial Decentralised Offering. It means that the sale of newly launched tokens is done via a decentralized mechanism which ensures transparency and equal access opportunities. The IDO mechanism offers a myriad of benefits, such as previously mentioned transparency and equal access, but also programmability of the IDO conditions—such as maximum allocation per user, time period of the fundraising process, terms of IDO termination, and more. That is why SolanaPrime is using the IDO mechanism to raise funds for cutting-edge projects. It ensures that both the users and the team performing the fundraising get the most benefits, all the while using a much more efficient system. When will SolanaPrime launch its first components? --- SolanaPrime platform will launch in May and its very first component will be the IDO of our very own PRIME token. More features will roll out in accordance with our product roadmap phases. Please see our product and technical roadmap for more insight into our scope and delivery timelines. Be sure to connect with us through our social media channels to get the latest updates on our product releases! How do I apply my project for an IDO? --- To begin the process, fill out [this form](https://docs.google.com/forms/d/e/1FAIpQLSfKh6MDR15K9AB570RNJVPnUjlhBUcV6XdBkGRjKXeM9rK3Ew/viewform). --- SolanaPrime Incubator & Accelerator --- Find out more about NERV HQ, our leading DeFi and GameFi startup accelerator, and how our unique incubation program for the Solana Ecosystem works. How do I apply my project for Incubation? --- We onboard the project at various stages of development and deploy our massive network carrying it all the way from concept formulation to successful funding round led by reputable VCs to IDO launch and beyond. To begin the process click [here](https://docs.google.com/forms/d/e/1FAIpQLSeNqKpiDt7HDLACrlfozGzSHpVO428Nbxr99M_bD3GLEQQCrg/viewform). --- <br /> Next Page: [💰 Tokenomics](/j0GvRBJCRhKVCm7k1w_vYw) Home page: [📑 Product Guide & FAQ for SolanaPrime](/xWizxQCIQI2E9cHFTFFREQ)