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Atlo- A new launchpad in Terra with a unique proposition.
People argue that almost all the Alts in the Terra blockchain fails to capture value. If you see the historical performance of assets on Terra, its performance is awful compared to Luna's price action. It may be due to multiple factors, but the token's value capture mechanism and the incentives to hold the token plays an important role.
Atlo is an upcoming launchpad in Terra with an innovative idea promoting long-term token holding.
- The issue with current launchpads.
- Why Atlo is different
- Tokenomics
- Conclusion
Current launchpad situation
Launchpads are protocols where a new project can raise money for its development and provide tokens to early investors at a minimal price. They are like IPO platforms in traditional markets.
Let's look at what happens at a typical launchpad with its token X. Let assume this launchpad is like all other launchpads that give token allocation to whoever stakes $X most. The more you stake more allocation you will get.
Most of the launchpads follow this method as a baseline. They may include improvements in those like different tires, guaranteed allocation etc. But there is always an issue with…
