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Cometa Launchpad

dApps

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

Funding
80,000 ALGO
xGov Period
Session 4
Status
Completed
Completion
100%
Community Votes
0
0

Team

Nikita Cometa (@nikitacometa)

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