1. PixelPlaygroundHome
  2. Metaverse Insights

GMD Protocol Launches Revenue Aggregator and Launchpad

• Metaverse Insights • 151 views

On February 27, GMD Protocol, a revenue aggregator based on GMX, launched the GMD launchpad, which will be prioritized based on the relevance between the proje…

GMD Protocol Launches Revenue Aggregator and Launchpad

On February 27, GMD Protocol, a revenue aggregator based on GMX, launched the GMD launchpad, which will be prioritized based on the relevance between the project and GMD and the quality of the project itself. GMD said that it would conduct due diligence on the project and set a soft and hard upper limit on the sales of tokens on the launchpad. When the sales volume reached the soft upper limit, the price of tokens would rise linearly until it reached the hard upper limit.

Revenue aggregator GMD Protocol launched GMD launchpad

Interpretation of the news:


GMD Protocol, a revenue aggregator based on GMX, has recently announced the launch of its GMD launchpad. This launchpad will prioritize projects based on their relevance to GMD and the quality of the project itself. The company will also conduct due diligence to ensure that the selected projects meet certain standards before they are launched into the GMD launchpad.

In order to ensure fair and transparent token sales, GMD has set a soft and hard upper limit on the token sales on the launchpad. Once the sales volume reaches the soft upper limit, the token price will start to rise linearly until it reaches the hard upper limit. This helps to create a stable and predictable environment for investors, while also allowing projects to achieve their fundraising goals.

The GMD launchpad’s selection process will also provide a platform for promising projects to gain recognition and funding. Projects that are selected for the launchpad will receive additional marketing exposure and support from GMD, which can help them gain traction and attract investors.

By prioritizing relevant and high-quality projects, the GMD launchpad aims to create a more efficient and reliable funding ecosystem for blockchain projects. This will help to ensure that promising projects can reach their full potential, and that investors can have access to trustworthy investment opportunities.

In conclusion, the GMD Protocol’s launch of the GMD launchpad marks an important step forward in the development of a more sustainable and transparent funding ecosystem for blockchain projects. With its commitment to due diligence and fair token sales, GMD is poised to become a major player in the space.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/3689/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 02/27/2023 09:34
Next 02/27/2023 10:06

Recommended articles