Permissioned vs permissionless launchpads: Merits and Demerits

[Stienwood]

It's no news that IDOs and ICOs are the commonly used ways to raise funds for projects. These are done on launchpads which help foster the entire process and creates a safe incubating environment where projects in thier early stages can grow and measure up thier full potential. I believe for projects to truly attain thier greatest potential permissionless medium or platform should be used so as to ensure transparency and thus build trust .

What are your thoughts?

[alternate]

I agree, following the original model of crypto currency by the founding father everything ought to be decentralized and permissionless. Imo there shouldn't be a central body governing the activities of such platforms all activities ought to be done without human involvement... An example of which is Polygen an efficient decentralized launchpad which provides the best growing conditions for projects in thier early stages

[dred]

Couldn't agree less, with human involvement eliminated the entire process of fund raising becomes automated and the risks of running to mistakes or error is reduced to zero. I guess that is why a lot of users who Interact with the polygon network prefer to use Polygen as a recommended launchpad. Services are really efficient and transient due to elimination of human involvement and lagging features

[wayne]

With a fully automated and Decentralized system efficiency is sure to scale sky high, also time can be appropriately moderated particularly to meet up with post launch activities, Polygen obviously allows for the best time management

[alternate]

Best thing about decentralization.. no one has the authority to deny any project the opportunity to get funded... With Polygen any project can be potentially funded this creates limitless opportunities for token creators also increases choice of investment for investors

[wayne]

Precisely! Imo polygen is the apparent permissionless, innovative approach to finding fair value for projects (particularly projects in early or infant stages) and assets the crypto ecosystem has been waiting for.

[dred]

Best thing about decentralization.. no one has the authority to deny any project the opportunity to get funded... With Polygen any project can be potentially funded this creates limitless opportunities for token creators also increases choice of investment for investors

That's right! some of the problems experienced by token creators is meeting up with the launchpad's requirements.. of which might not be well fitting to the project's agenda or time schedule and therefore might turn out to be stifling to the project's overall growth

[Stienwood]

Yeah that's so true... Projects owners do have a hard time meeting up with requirements that are not planned for, Polygen however eliminates this hitch and gives freedom to all project to be potentially funded... This gives creators enough room to experiment and try out new ideas...

[alternate]

Best thing about decentralization.. no one has the authority to deny any project the opportunity to get funded... With Polygen any project can be potentially funded this creates limitless opportunities for token creators also increases choice of investment for investors

That's right! some of the problems experienced by token creators is meeting up with the launchpad's requirements.. of which might not be well fitting to the project's agenda or time schedule and therefore might turn out to be stifling to the project's overall growth

Asides that do you realize token creators will have to put up with any shortcoming from the launchpad which is bound to happen as mistakes are bound to happen with human involvement.. whereas with Polygen a fully automated error free fund raising process is guaranteed

[dred]

Precisely, schedules might be mixed up or launch delayed due to technical malfunctions which are bound to happen at one time or the other.

It's a good thing Polygen eliminates the problem of centralization and gives a model to which others could build upon

[wayne]

That's right! A lot of launch pads out there could learn a thing or two from  Polygen. An amazing feature they have that isn't talked about enough is how they stick around after launch to ensure a healthy community growth for projects crowdfunded on the platform that's very thoughtful imo

[Stienwood]

Yeah that's true tho, Polygen actively ensures pre launch and post launch period of tokens all pan out well... For that cause Polygen secured an anti whale mechanism which would prevent an event of pump and dump because oftentimes pump and dumps rid projects of supportive community and eventually dies out

[dred]

Sounds like a complete and perfect launchpad imo.. everything needed for the success of an IDO ICO and token launch is readily available and accessible.  I believe it's usecase is more inclined to meet token creator needs and should be maximally utilized. There isn't any other project that gives out these services in one package afterall

[alternate]

It's true that Polygen is unique in the dispensation of it's services but I believe the services is more user driven.. regardless of either you're a token creator or an investor as long as you Interact with the platform there are amazing features waiting for your orders quite literarily hahaha

[dred]

Lmao I guess you're right, due to indiscrimination when applying to be funded .. investors get enough options to pick from and invest in... Ofcourse a lot of underlying research will have to be done to reach a conclusion however the mere fact that the power of choice has been conferred on the users is an amazing feature you don't get anywhere