KuCoin AMA with LaunchBlock (LBP) — A Radically Better LaunchPad

2022/04/15 03:17:44

Dear KuCoin Users,

Time: April 13, 2022, 10:00-10:37 (UTC)

KuCoin hosted an AMA (Ask-Me-Anything) session with Matt Lucz, Founder of LaunchBlock in the KuCoin Exchange Group.

Project Introduction

Launchblock.com is a digital asset fundraising platform, a decentralized launchpad where the next generation of Web 3 launch, grow, and excel breaking the boundaries for accessible project participation for the masses, providing a decentralized and user-friendly platform.

Official Website: www.launchblock.com

Whitepaper: https://drive.google.com/file/d/1R0AY7xtGIId9agnqqgv_U7XPEt1Dkj8N/view?usp=sharing

Follow LBP on Twitter and Telegram.


Matt Lucz — Founder of LaunchBlock

He has a broad background in the cryptocurrency space, a lead member of the DAO at Launchblock.com.

Q&A from KuCoin

Q: What is Launchblock.com?

Matt: Launchblock.com is the digital asset fundraising platform, a decentralized LaunchPad that provides users and DAO members access to early-stage projects within the ecosystem whilst maximizing the benefits of decentralized finance (De-Fi).

We decrease the expense and provide significant opportunities. Launchblock is the one-stop shop for all projects launching and users accessing a LaunchPad.

Q: What services do you provide at Launchblock.com?

Matt: Launchblock.com has a number of products, from The Pad, Governance, Staking, and Farming which users can benefit from.

Staking on Launchblock will determine a user's allocation amount from the projects we bring to the community. The more $LBP staked will mean, the higher the tier and, therefore, the higher allocation available.

We also offer users attractive APYs to incentivize long-term farming with Launchblock, which will be released very soon.

Launchpads tend to offer the raising of capital but then no post-launch support. We wanted to make sure that we are in close contact with all our partnering projects for the long-term to provide our service and make sure we can give them the best possible chance of being a success.

Q: What blockchain is Launchblock.com on and $LBP?

Matt: Launchblock.com is on Ethereum, and $LBP is an ERC-20 token.

We built on Ethereum because of the strong safety guarantees of the network. We are looking to incorporate new blockchains over time to increase the opportunity for LBP holders and IDOs on the platform.

Q: What use cases are there for $LBP?

Matt: $LBP has many use cases. The main use case includes:

- Accessibility to the Launchblock.com Pad - users stake their LBP to gain access to tiers where they are then able to take part in IDOs. The tier system runs through Tiers 1-5 offering everyone in the investment space an opportunity to be involved through staking $LBP.

- Governance - the token holders have governance opportunities and voting over key actions at LaunchBlock, including but not limited to voting on future IDO raises.

As we continue to build, we will be offering more use cases for the $LBP token over time with the exciting innovation we have coming to Launchblock in the future.

Q: What does a successful 2022 for Launchblock.com look like to you?

Matt: We at LaunchBlock have had an incredible start to 2022.

From the platform launch for users to being listed on some of the world's leading exchanges, such as Kucoin, to a successful sell-out of our first IDO.

Q1 of this year is only the beginning for us, and we are determined to continue to bring exciting opportunities to the community throughout the rest of the year.

A successful 2022 for Launchblock.com comes with an increase in users and token holders. We hope to achieve this through an array of strategic partnerships coming to Launchblock and simultaneously continuing to develop the Launchblock Pad and offering some of the best up-and-coming projects in the cryptocurrency space for IDOs.

$LBP to the MOON!

Q: When did Launchblock.com launch?

Matt: March 2022 was the official launch date for Launchblock.com, but the team has been working behind the scenes on this since June 2021.

We didn't want to launch a product that we didn't all believe in for the sake of getting it out there. The team at Launchblock.com spent a lot of time and worked incredibly hard on finalizing every aspect of the platform, making it as user-friendly as possible for the community.

Free-Ask from KuCoin Community

Q: Can you share your social media links so we can keep ourselves updated?

Matt: Official Links:

• Launchpad - http://www.launchblock.com

• Discord - https://discord.gg/WDXy4hnzKB

• Twitter - http://www.twitter.com/launchblockcom

• Telegram Announcements - https://t.me/Launchblockann

• LinkedIn - http://www.linkedin.com/company/launchblockcom

• Instagram - http://www.instagram.com/launchblockcom

Q: I want to support your project. Tell us more about the Ambassador Program and in what ways we can participate?

Matt: Come and join our Telegram Announcements, and you will find out more info!

Q: Where can I get the latest updates or more information about the project?

Matt: Launchblock.com - stake 1,500 LBP to join our tier 1 membership program.

Q: Where can I buy your tokens right now? What is your current contract, and how can I buy them?

Matt: At KuCoin - $LBP - LBP to the moon!

Q: How do the projected increase in the token's value, liquidity, and utility? So that it can lead to an increase in token prices? What is your plan to make your project stable and provide the highest return for investors in the long term?

Matt: We have an ongoing user growth campaign that takes users to buy tokens LBP to stake. You can also stake and earn even more on the platform via the farm!

Q: Do you have a whitepaper? If yes, please share it with us. Secondly, do you have plans for a pre-sale now? Where can we join it?

Matt: You can trade LBP on KuCoin. Join our Telegram Announcements for all other info.

Giveaway Section

KuCoin and LaunchBlock have prepared a total of 250,000 LBP to give away to AMA participants.

1. Free-ask section: 9,375 LBP

2. AMA activity: 240,625 LBP

Activity 1 — Quiz: 187,500 LBP

Activity 2 — Price Guess: 37,500 LBP

Participation Rewards: 15,625 LBP

. . .

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