Launchpool
Crypto Overview
Purpose and Utility
Launchpool (LPOOL) is a decentralized platform that enables retail investors to participate in token sales and investments typically reserved for venture capital firms and large investors. The LPOOL token serves as both a governance token and provides access to investment opportunities on the platform.
Business Model Analysis
The platform operates by allowing users to stake LPOOL tokens to gain access to new project launches. The business model is transparent and operates without interest-bearing mechanisms. Projects launched through the platform undergo a vetting process, and the token itself doesn't facilitate any inherently prohibited activities.
Real-World Adoption
Launchpool has facilitated multiple token launches and maintains partnerships with various blockchain projects. The platform has an active user base that participates in project launches and governance decisions.
Development Activity
The project maintains regular development updates and platform improvements. The team continues to expand features and integrate new projects into the ecosystem.
Token Distribution
The token distribution includes allocations for the team, advisors, and early investors with standard vesting periods. There are no concerning patterns in the distribution that would suggest a scheme to enrich founders.
Crypto Impact
To assign a comfort level investing in Launchpool from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Launchpool.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.