Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: Pandora199 on January 20, 2022, 08:13:59 AM
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Polygen is a decentralized launchpad for next-generation crypto ventures that allows and promotes innovation. Its architecture is intended to decentralize the cryptocurrency fundraising process and give the community more influence over the process. Polygen provides a multichain, permissionless, and open launchpad for crypto projects to generate funding. It is similar to the DEX of fundraising. Polygen enables equitable access and possibilities for crypto initiatives to raise funds in an efficient and transparent manner.
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There is a lot of study to conduct before investing and participating in project launches.The Polygen DYOR handbook is a good resource to review before investing in a project.
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Dyor is always important because investing in projects only on the advice of people can have very bad consequences. As it is said in the handbook, the project's roapmap, purpose and partnerships must be examined while doing the dyor
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I am convinced that one day people will recognize that whales are destroying the entire ecology for the benefit of little investors. The era of polygen will begin then.Dyor is important not to come across such whales and rug pulls
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It is necessary to research things like project tokenomics, team, investors, product roadmap, community and social channels while making a Dyor.Doing our own research rather than people's recommendation can lower risks
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As Polygen dyor handbook said people should read the whitepaper and technical documentation front to back.The first thing I usually do is read the lite/whitepaper and I think this whitepaper should be detailed.
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Polygen appears to be intriguing, with no fees for creators and their word against anti-whale. I've been seeing their name a lot lately.It's nice to mention the importance of doing a dyor.
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If you are considering an investment, as the handbook says don't trust anyone else's research but your own.Crypto is a risk-prone entity and our own research is always more helpful to minimize those risks
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It is necessary to research things like project tokenomics, team, investors, product roadmap, community and social channels while making a Dyor.Doing our own research rather than people's recommendation can lower risks
I agree with you. Especially in these times, it is necessary to take careful steps when investing due to both market and world conditions. Everyone should do their own detailed research like in the handbook
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As Polygen dyor handbook said people should read the whitepaper and technical documentation front to back.The first thing I usually do is read the lite/whitepaper and I think this whitepaper should be detailed.
Dyor is need always.With so many rug pulls, whales and scam projects on the market, dyor can reduce risk to the lowest levels at least.People shouldn't just start with advice spoken among people
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I saw Polygen between Polygon-based projects.Polygen identifies the current difficulties plaguing crypto and existing launching pads with the purpose of allowing initiatives to raise financing without gatekeepers
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That is true with no gatekeepers, no whitelists and no whales Polygen is the Community's Launchpad. Projects may raise as much money as they planned choose their own auction process, tier their projects and run any number of rounds
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Currently projects can only run their public tour on the launchpad during fundraising. What this means is that private and starter rounds must be upgraded elsewhere. This approach reduces the transparency and therefore limits the funding for them in the crypto world.These should cease to be a launchpad problem. Polygen would be a preferable launchpad if it fixes these issues
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Well Polygen is not governed by a gatekeeper such as an investment committee as is the case with traditional launchpads.aGatekeepers control who is authorized to participate on a launchpad. Polygen encourages innovation by allowing projects to participate in the launchpad even if they do not have all of the necessary approvals
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Polygen has been a launchpad project that has launched the FLO system well so far, but it seems that the planned number of launches for 2022 Q1 will not be reached. Does this affect your pgen strategy?
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I don't think the roapmap plans of most projects have been fully implemented. In all areas of life, direct or indirect problems that affect our business may occur, just like the bad market that exists right now. They decided to halt all the project launches at the present moment so they can fully focus on polygen product development in the ongoing bear market and at least myself,supporting that idea
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Polygen also encourages healthy experimentation by giving token creators ultimate control over the project they are funding. Because it is completely decentralized there is no third party or protocol to stifle the creation and development of projects with significant potential.
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The idea of decentralization has now become a much more preferred branch of finance and i prefer decentralized launchpads, exchanges etc too.There is no central regulating authority that examines proposals before funding them; therefore all projects have an equal chance of being funded.
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Polygen announced an innovation under the title of Fixed Raise, but frankly I couldn't understand what exactly it was. Do you guys know what that is?
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As far as i understand Polygen hosting a rise. They are hosting a raise featuring our new raise type and it is called Polygen's Fixed Price Raise.Better information will be provided in the fireside chat i guess
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According to what I read from the weekly updates post, the project that will be rise will be Polygame. It will be announced on March 22. Then information about the new system will come.
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Thats true Polygen’s fixed raise going Live with Polygame on tuesday March 22nd. It seems this upcoming raise is a massive step towards turning Polygen into a full-scale platform.
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Polygen has used an auction system in its token launches so far. Unfortunately, this has not been a popular raise system by most investors. Therefore, considering the ideas of the community, switching to the Fixed price rise system will attract more investors to the project.
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I agree with you. Investors found it a bit complicated so in my opinion new raise system is better too.Polygen wants to offer an exciting way to invest in crypto projects, with various raise types in development.
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I also support fixed price rise than FLO. I like that Polygen offers different options and freedom to both projects and investors.Currently there is no new IDO news yet, but I think that a token launch with this new system will come soon.
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Well i hope it is going to be a p2e project IDO then :D The Nitro League token launch has been the most successful IDO on Polygen.This is my expectation as an NFT and gaming follower.
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p2e project or not, I just want to see an action :D The market is going well these days and the project themes I want to see in Polygen are definitely web3, metaverse or gamefi.
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Polygen has been a launchpad project that has launched the FLO system well so far, but it seems that the planned number of launches for 2022 Q1 will not be reached. Does this affect your pgen strategy?
It didnt effect my strategy at all. As the Polygen team said, this was a latency issue due to the existing market. In this spare time, Fixed price rise has been announced and I think Q2 launches may come soon.
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Polygen also encourages healthy experimentation by giving token creators ultimate control over the project they are funding. Because it is completely decentralized there is no third party or protocol to stifle the creation and development of projects with significant potential.
In my opinion, one of the features that distinguishes Polygen from others is that it is an absolutely decentralized platform. Another is that Polygen does not have a gatekeeper that restricts everything.Polygen is the only launchpad with no Gatekeepers so anyone, can launch any project.Thanks to both features, I can call Polygen a freedom launchpad.