Competition is heating up among blockchain ecosystems – the quest for speed, efficiency, and affordability flares up regularly due to high fees on Ethereum. And what better way to incubate and develop efficiently the ecosystem of deserving blockchains than to create well funded, experienced launch pads? To this end, VelasPad launchpad service has just launched today, driving forth the next generation of projects on the Velas Blockchain, which sees industry-leading TPS and rock-bottom costs available to the masses.
VelasPad Is A Crucial Addition to the Next-Gen Blockchain
Every blockchain ecosystem can benefit from a native launchpad to help projects raise capital and issue tokens fairly and transparently. For the Velas ecosystem, that launchpad will be VelasPad, an officially endorsed, yet operationally and financially separate venture. Overwhelmingly, the main benefit is that projects launching on VelasPad can be fast-tracked into Velas’s $5 million grant program to accelerate growth and development.
Furthermore, the initial grant candidates – who number more than 40 at the time of writing – will make their way to VelasPad to conduct their initial raises. This is indeed a strong partnership between the Velas and VelasPad teams, as they both share united visions of fostering growth and accessibility – funding and developing the next generation of blockchain projects can help achieve mainstream adoption and introduce numerous use cases.
