Vellos is Revolutionizing Token Markets: Tackling Post-TGE Fundraising Challenges
The journey for blockchain protocols doesn’t end after their Token Generation Event (TGE); in many ways, it’s just the beginning. While pre-TGE projects often bask in the glow of investor hype and support, post-TGE protocols frequently face significant hurdles when attempting to raise additional funds by selling discounted tokens from their treasury. These challenges have created a fragmented fundraising environment and liquidity issues that impede progress and innovation.
Fragmented Fundraising Environment
For pre-TGE projects, the fundraising landscape is bustling with venture capitalists, brokers, and launchpads eager to invest in the next big thing. However, this enthusiasm often wanes once the TGE is complete. Post-TGE protocols find themselves in a fragmented environment where there is limited access to investors, a focus on new hype, and time-consuming funding hunts. This lack of a centralized marketplace for post-TGE investments means there’s no streamlined way for these projects to connect with suitable investors, diverting their focus from development to fundraising.
Liquidity Conundrum
Liquidity poses another significant challenge for post-TGE protocols. Existing players in the discount token market deal primarily with pre-existing SAFTs or token warrants laden with conditions, making them hard to offload. Additionally, big-ticket discount token deals are tough to sell, limiting the pool of potential buyers. When large amounts of a protocol’s tokens are held by a single entity, it creates selling pressure as tokens vest, potentially destabilizing the token’s value. These issues contribute to a less dynamic market, where both buyers and sellers face obstacles that hinder the ecosystem’s overall health.
Introducing Vellos: A New Opportunity for Post-TGE Protocols
Vellos emerges as a solution to these persistent problems. It is a discount token marketplace specifically tailored for post-TGE projects, aiming to democratize access to discounted tokens and streamline the fundraising process. By creating a unified, automated, and liquid marketplace for discounted tokens, Vellos empowers projects to connect with a broader investor base, engage their communities, and focus on building exceptional products in the web3 space.
Unified Marketplace
Vellos creates a centralized environment where post-TGE projects and interested investors can connect effortlessly. This streamlined approach eliminates the need for protocol founders to spend valuable time seeking funding and allows them to focus on core development.
Enhanced Liquidity
By dealing with new investment vehicles rather than pre-existing ones, Vellos simplifies the process of buying and selling discounted tokens. This enhanced liquidity benefits both buyers and sellers, creating a more dynamic market that fosters ecosystem growth.
Dynamic NFTs
Vellos employs proprietary dynamic NFTs that act as keys to the underlying tokens. As tokens vest, NFT owners can claim them at will, adding a layer of flexibility and security to the investment process. This innovative feature provides additional value and security for investors participating in discounted token offerings.
Benefits for Protocols
By leveraging Vellos, protocols can unlock several advantages that support their growth and sustainability. Direct funding from the community, creation of ‘Micro-KOLs’, controlled selling pressure, consistent revenue stream, and focus on core development are just some of the benefits that protocols can realize by utilizing Vellos for their fundraising needs.
Vellos Telegram App: Bootstrapping Community Growth
To expand and engage its community, Vellos recently launched a Telegram app that has quickly gained traction. The app allows users to interact with engaging features such as “Doge To Earn”, Invite, and Task, earning points along the way. This initiative not only incentivizes community participation but also provides a platform for education and community-building that enhances user experience and engagement over time.
In conclusion, Vellos is revolutionizing token markets by addressing post-TGE fundraising challenges that have long hindered protocols. By providing a unified, liquid marketplace for discounted tokens, Vellos empowers projects to connect with investors, engage their communities, and focus on building exceptional products in the web3 space. With its innovative approach and commitment to solving industry pain points, Vellos is shaping the future of fundraising in the blockchain ecosystem.
