DAOLaunch Gears Up To Become A Native Astar dApp


DAOLaunch Gears Up To Become A Native Astar dApp

Dear DAOlaunchers,

The DAOLaunch dApp is currently integrated and built on Ethereum, BSC, Solona, Avalanche, Polygon, and Shiden/Astar network.

The DAOLaunch dApps itself is mainly built on the Binance Smart Chain and the $DAL is issued on the BSC blockchain and it is listed on Pancakeswap.
Today, we’re happy to announce that we are focusing on building on the Astar network, which has drastically grown on the Polkadot parachain ecosystem.


Becoming An Astar Native dApps

The Astar Network has drastically grown its ecosystem since its launch. The TVL has exceeded $1.5B and it dominates more than half of all the Polkadot Parachains’ TVL.

We believe the Astar network is the future, hence the decision that DAOLaunch will focus to build on the Astar network, supporting tokensales with Astar native dApps.


Development Milestones

Here is the complete development, already deployed on our daApp.

  • Enable projects to create single/multiple NFT.
  • Build their own NFT Farm.
  • Token Distribution with vesting periods by smartcontract.
  • Inclusion of the highly editable project page as well as supporting business documents.
  • Token metrics PieChart based on blockchain data for every startup, showing key statistics and show locking status on the blockchain.
  • NFT Farming explore tab.
  • Multi-chain integration.


Development Milestone

NFT Farm Functions
We have developed and improved lots of functions during the past few months. The NFT Farm function is one of the most unique and exciting functions that we have developed.
Shortly said,  it enables startups to create NFT farming pools. Startups can select which token to stake, and what NFT will be rewarded to stakers. Most startups give ‘Tokens’ as reward for adding liquidity or staking tokens, but we enable “NFT” rewards as well. This helps to reduce selling pressure and gives special rewards to stakers. We are also going to conduct bug bounties regarding our NFT Farm functions in the near future!

Bringing More Utilities to NFTs
We have worked together with NFTKey which enables limited access to websites based on the ownership of specific NFTs as a pass.
The NFT KEY Protocol makes it possible to easily set pages that only NFT owners can view. Providing it as a WordPress Plugin allows anyone to publish the page locked by NFT encryption in an easy and simple step.

We have recently collaborated with The Ochanomizu Culture Festival to distribute limited access NFTs key to viewers that would like to join the online Jazz concert. We expect these features will bring more utilities to NFT and positively impact the startup ecosystem. Releasing Free NFT Tickets For Jazz Festival


What We Are Going To Do Next

  • Conduct bug bounties for the NFT Farm function.
  • Bring more utilities with NFTs to support startups.


Milestone on SDN / Astar network

  • Issue $DAL on the Astar network and add liquidity on the Astar Network EVM environment.
  • Conduct tokensales to support startups on the Astar Network and enable users to join tokensale with $ASTAR.
  • Integrate NFT Farm functions on the SDN/ASTAR EVM environment to bring more utilities to NFTs.
  • Conduct a massive NFT airdrop campaign for $SDN/$ASTAR holders.

We have also posted our development milestone on Astar’s forum.


About Astar Network

Astar Network is a scalable and interoperable infrastructure for Web3.0. Since Astar Network is built with Parity’s Substrate framework, it can be a future Polkadot parachain that also acts as a scalable smart contract platform. The Polkadot Relaychain, by design, does not support smart contracts. This allows Astar the opportunity to fill in this gap. Scalability is obviously one of the most crucial demands dApp developers have. Ideally, the developers can build whatever applications on Astar Network without having to consider its scalability.

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About DAOLaunch

DAOLaunch aims to create an open and inclusive competitive environment for startup investment- the Decentralized Venture Capital concept.

DAOLaunch offers retail investors preferential investment conditions depending on their investment performance recorded on the blockchain. Recorded investments are not editable, as all negotiations are all on-chain. DAOLaunch investors can brand themselves as Decentralized Venture Capitalists and much like traditional VCs, they can negotiate more favorable investment terms.

DAOLaunch aims to change the structure of shady behind-closed-door investment deals to an open and more competitive deal structure that takes place on the blockchain. This will drastically shake up the startup industry.

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