Multi-Chain Launchpad SkyLaunch Is Joining the Polygon Ecosystem -Breaking
- SkyLaunch is now part of the Polygon Ecosystem.
- The collaboration will create multi-chain launchpads for next-generation multi-chains.
- SkyLaunch raised capital exceeding $1.4M by October 2021.
The SkyLaunch team reveals that they’ll be working with Polygon in order to develop next-gen multi-chain launchpads. In exchange for this collaboration, Polygon has awarded the SkyLaunch team a grant that will allow them to better position themselves within the ever-changing Polygon ecosystem.
SkyLaunch pointed out that Polygon has been widely accepted due to its low cost, quick transaction speeds, innovative technology, and affordability. SkyLaunch added that they’d like to serve as a launchpad for this fast-growing blockchain ecosystem. They will be able to get exposure to Polygon-enabled, high-potential crypto projects.
Polygon, the premier platform to scale and develop infrastructure is notable. It is user-friendly and well-structured. It’s supplemented by a robust framework for developing a wide range of decentralized applications (dApps).
As noted in the update, SkyLaunch is considered a “first” in the IDO marketplace. It’s reportedly the only platform in this industry segment to provide full project timeline support, along with a set of proprietary tools. Developers explained that their accelerator program provides pre-IDO service support to new projects. They’ve also established an independent governance council and a post-IDO alliance support network to support new blockchain initiatives.
The SkyLaunch team will be announcing more updates on their own IDO, which would enable them to issue and distribute their project’s native token; $SKYFI. Further, the team explained that tokens will be used to support governance, provide liquidity rewards and allocate mining. The tokens may also be used for availing special discounts on the project’s “premium” features.
It’s worth noting that the SkyLaunch ecosystem has seen some major developments during the past few months, with key tools being developed and strategic partnerships.
SkyLaunch already raised more than $1.4 Million in capital raisings. This was completed by SkyLaunch in October 2021. According to some reports, investors have been made by prominent VCs including Marshland Capital (AU21 Capital), 18 Ventures Capital, Magnus Capital Capital, Magnus Capital Capital, Waterdrip Capital and Waterdrip Capital.
SkyLaunch is also a partner with Lossless which provides security and hack mitigation protocols and Liberty Gaming Guild that gives next-gen gamers engaging opportunities to earn. These partnerships, according to SkyLaunch’s team, put them in an excellent position for accessing innovative early-stage Metaverse and gaming platforms that are looking for SkyLaunch’s tools and services.
The team further revealed that they’ve partnered with 7 O’Clock Capital, a crypto-asset venture fund focused on the DeFi space. Through financing and offering a launchpad for early stage DeFi initiatives, 7 O’Clock Capital enhances the implementation of DeFi protocols in the real world. SkyLaunch collaborated also with FishDAO to provide opportunities for investors of smaller sizes.
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.