The ChainGPT Launchpad is an IDO platform and incubator for Web3 projects looking to implement their ideas and bootstrap their token ecosystems.
Projects apply to the ChainGPT launchpad by going through a rigorous qualitative analysis process conducted by the ChainGPT team. Depending on the level of sophistication and ability of these projects to satisfy a diverse range of assessment criteria (such as product market fit, concept viability, team aptitude, and so on) their inclusion will be deduced. Projects that get accepted are inducted into the incubation/acceleration phase where the teams are guided by the ChainGPT Mentorship group, followed by a coming-to-market via IDO.
Incubation can range anywhere from 12–18 months and included a preparation stage, a launching stage, and a post-launch support stage. During preparation, the mentor group organizes the internal process, optimizes product systems and helps projects evaluate their roadmaps/action plans. During launch, they help with promotions and social coordination. Post-launch, ChainGPT provides advisory support to help project course-correct and deal with the nuances that come with having products live on the market.
Acceleration is a condensed version of the incubation that is executed within 3–4 months. This option is best suited for well developed teams that need a very specific, limited scope of support.
How does the IDO work?
Whenever projects are ready to list on the platform and launch their token ecosystems, ChainGPT will help them prepare a campaign and connect them to the $CGPT community. After the specifications have been finalized, token supply, market rate, sale duration, etc. the project will be listed with a countdown to open.
Every IDO listing consists of 3 Rounds:
Staking & Points System:
The staking system for becoming a Launchpad qualified member is based on a straightforward point system. Two factors come into the accounting of points; token amount staked and the duration of the stake. The combination of the two will place members into one of the four possible tier categories: Bronze/Silver/Gold/Diamond.
1 $CGPT is equal to 1 point
Each stake pool duration will bring its own point multiplier:
There are four different tier levels in the ChainGPT Launchpad, bronze, silver, gold, and diamond. Every tier has its own distinct benefits.
Bronze. This is the entry level tier designed specifically for users that have limited capital capacities.
Silver. Silver is the second level tier and the first one that provides guaranteed access to the first round of participations in IDOs.
Gold . Gold is the second highest tier and the first one that provides access to the premium early-stage crowdfunding and private sales.
Diamond. Diamond is the highest and most desirable tier for launchpad participants given the breadth of benefits it offers. Given that it is the only tier that provides complementary token & NFT airdrops, Diamond tier users are rewarded for their commitments passively.