Cometa Launchpad
By Nikita Cometa (@nikitacometa) • Session 4 • Awarded 6/3/2024
About the Proposal
[Proactive] We think that Algorand lacks a proper service for launching new tokens. People have to make airdrops by hand, can't get proper liquidity, etc. There is no proper sales at all. Recent explosion of Base and Solana ecosystems was triggered mostly because they had a proper convenient mechanisms to launch tokens fast. More projects will come to Algorand, when they see how easy it is to have a launch. They will launch much more efficiently. Cometa has already helped a lot of new projects to get liquidity as well as media attention. Dozens of IFO (Initial Farm Offering) launches. The Launchpad with full-weight launch mechanisms is the most logical continuation, providing proper funding platform needed by many projects.
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Milestones
Proposal Planning
Define proposal scope and requirements
Completed: 12/24/2024
Phase 1
Implement core functionality for phase 1
Completed: 1/23/2025
Final Delivery
Complete all deliverables and documentation
Completed: 2/22/2025
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Proposal Summary
Team
Nikita Cometa (@nikitacometa)
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