Is There a Way to Expand DeFi?
January 10 2022 - 11:24PM
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Almost inherent to the industry is the idea of expanding, evolving
and changing with this ever-growing market. Therefore, many
decentralized finance (DeFi) projects come out to show what they
got to see whether it can be the next big hit. What comes from
these endeavors is the idea that there are ways to change the way
people interact with DeFi and related services, usually through a
community of cryptocurrency investors through which platforms can
gain exposure and raise funding for their projects. Reducing System
Problems One project looking to change DeFi interaction is Optimus
Ventures, aiming to reduce the problems of crowdsourcing and
fundraising in the initial days of a firm. It is fairly easy to
start their project on the platform after filling a form and
listing out the necessary details per the needs of the user’s
jurisdiction. The platform supports the top three major chains:
Ethereum, Binance Smart Chain and Polygon. Therefore, there’s
little chance that developers will face any problems of cross-chain
incompatibility. While launched on the biggest chains in the DeFi
world, it is a cross-chain semi-automatic launchpad that is backed
by smart contracts. As of now, the platform has funded more than 10
projects, amounting to a total of $10 million with over 200 active
investors. This is ideal to smooth out the interaction between
investors and the projects which are launching their platform on
the launchpad. There are a number of automated tools which project
developers can use in exchange for crowdsourcing and fundraising
processes, and many projects offer only a few ways to officially
fundraise with added security for a user’s investment. What Kind of
Tokens Is Driving Change? Many native tokens have their own
governance and staking protocols. And OPTCM, the native token of
Optimus, is the main currency for projects and investors to start
on the platform. The platform supports the top three major chains:
Ethereum, Binance Smart Chain and Polygon. Therefore, there’s
little chance that developers will face any problems of cross-chain
incompatibility. Benefits of DeFi Expansion All kinds of projects
are looking to expand their launchpad to differentiate themselves
from other platforms in the market. Both projects and investors can
benefit from advantages when using the launchpad in different ways
such as a two-way vetting system, guaranteed and dynamic
allocation. For projects looking for a place to start their funding
process, there are pros that Optimus Ventures can help them with.
The investors’ community is a huge advantage for any endeavor
seeking to create an all-in-one platform. There is no need to
wander off to other platforms in search of different exposure. The
community is extremely qualified and knows what they do. It is very
easy to start the funding round for a project. All one has to do is
fill the form and wait for approval from the community and the
auditors as well. The system also prevents the rug pull strategies
that many investors fear. The launchpad ensures that investors and
their investments are protected in order to prevent the devaluation
of a token after its initial launch. Cashing in For Investors For
those looking to invest in a variety of blockchain-based projects,
there are ways that can help make the process easier. Many
developers sometimes easily mislead investors who intend to
capitalize on the blockchain industry. To mitigate this, Optimus
Ventures appoints auditors to each initiative and puts it to a vote
in the community as well. No project goes live without approval
from the community, ensuring the safety of the users’ funds. Any
person can join the community by holding just 1,000 OPTCM — without
any hassle. The launchpad is backed by a proprietary smart contract
that ensures that the investment starts only when the endeavor is
approved by the investors, ensuring a wide range of coverage from
illicit actions. The experts who validate the project during the
initial stages are known for their expertise and can provide
another layer of protection for investors on the platform. How to
Figure Out Which Project is Best Because of a lot of different
vetting procedures, stakers and DeFi users have figured out what
works and what doesn’t. For example, looking for better funding
opportunities through two-way vesting for both project funds and
investor tokens, allowing for open exposure. Another way is seeing
if a platform has a better quality of investments via dynamic
allocation of funds so that the dumpers do not have access to
higher allocation of funds. Coincidentally, Optimus Ventures has
different features from other platforms, especially with a lot of
YouTubers already supporting the platform and has gained quite a
reputation in the few days up to launch on December 15, 2021. In
general, it is important that the dynamic allocation of funds that
has been integrated into the launchpad is beneficial to the
investors as well as projects and breeding high-quality investors,
turning leads to high-quality services. The goal is to create a
balance in the risk taken by investors and projects alike. There is
a huge chance that when a project fails to deliver, a major portion
of the funds can be saved, and Optimus Ventures help the investors
minimize the damage in such cases. What is Next? In regards to
raising funds, there will always be an opening for change and
innovation. Through mutual audits, different types of allocation
and other features, Optimus Ventures could be helping push the
market ahead in terms of fundraising. Let’s find out what works
best for the future of crypto fundraising so that investors can be
protected regardless of the platform.
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