Despite the tremendous opportunities for innovation and financial inclusion, the sad reality is that many promising DeFi projects struggle to take off or outrightly fail due to limited resources.
Blooprint Labs is going after this critical problem in Web3 with its innovative launchpad platform. The company’s approach bridges the resource gap for Web3 projects through a cutting-edge fundraising model, generous staking rewards, and versatile fee payment options.
To set things in motion, Blooprint has launched a $100K grant giveaway targeting the best builders and most innovative Web3 projects. The platform has promised to give $100K to the first three projects to launch on Blooprint. Interestingly, the grant is available to founders who are yet to release their products.
The founder-investor gap
There are a number of bottlenecks with regard to early-stage funding for founders in Web3. For one, these projects cannot rely on traditional fundraising models due to limitations such as a lack of incentives and flexibility, as well as a lack of support for crypto-based projects. This creates a gap between emerging Web3 projects and potential investors, particularly, retail crypto investors.
On the investor’s part, the average crypto investor often lacks the skills needed to make informed investment decisions. Furthermore, the notable absence of transparency and regulation in the Web3 industry creates a layer of mistrust and weak community engagement.
The bottom line is that investors would be skeptical about dedicating their resources to emerging projects without a known founder or proven track record.
The Blooprint Solution
The platform enables comprehensive ecosystem integration, bespoke vesting schedules, boosted staking rewards, and supports a plethora of cryptocurrencies.
Crypto investors are exposed to a world of opportunities through early access to promising projects and diversified portfolios. On the flip side, project founders have access to funds, increased visibility, and a community of supporters.
At the center of Blooprint’s ecosystem is the $BLOO token, which is used for various things like staking, governance, incentives, and paying for services within the ecosystem.
A Big Bet on Web3’s Future: $100K up for grabs
Putting their money where their mission is, Blooprint has promised $100K grants to the best builders and most creative Web3 projects.
What sets the Blooprint Grant Giveaway program apart from other grant opportunities is its availability to founders who are yet to launch their products. This unique approach makes it possible for early-stage developers to compete on a level playing field with their more established counterparts.
The grant program underscores Blooprint’s commitment to promoting innovation, equipping developers with the necessary tools to thrive in today’s rapidly changing Web3 landscape. Additionally, Blooprint ensures transparency in its grant application and disbursement processes, thus enabling builders to stay updated on their grant status without undue stress or anxiety. Ultimately, the program aims to democratize investment prospects and provide opportunities to talented entrepreneurs to launch their ideas.
Key Features of the Blooprint Launchpad
Some of the unique features of the launchpad include:
- Built-in automated cliff and vesting, which provides clarity on token distribution.
- The Blooprint verified partner network offering every service and support projects need to launch and scale
- Activities on the platform are completely on-chain, ensuring zero corruption and maximum transparency.
- A mix of both traditional and buyer-demand IDOs that reward early investors.
- Online claiming, which stores IDO tokens in a smart contract and allows users to claim their entitlements online as soon as they become available.
Conclusion
Acquiring funding has been a tough hurdle faced by Web2 and Web3 founders alike. Fortunately, Blooprint offers a simple and decentralized means for founders to connect with investors, access funding and engage with communities.
Are you a Web3 founder or know someone who is building an innovative product in the space? You may want to check out the $100k grant giveaway. Visit Blooprint’s website or read their whitepaper to find out more.
