Blockchain industry can be challenging to be a developer in. This is where Avalaunch (XAVA) comes in. Marketing your projects and finding resources for investors can be just as difficult as creating the application. Whether it’s DeFi, NFTs or Metaverse, a project is valued depending on its ability to reach a wider audience.
It’s important for blockchain projects to reach a broader audience, as it means as many users as possible will invest in the project. So how do amateur developers in the blockchain space achieve this? XAVA, provide some solutions for developers. In this article on Zatrun.com, you can learn more about the project.
What is Avalaunch and How Does It Work?
Avalaunch is the first unique launch platform on the Avalanche network. This platform enables easy, secure, and decentralised fundraising for new blockchain projects. Selling blockchain projects is not as easy as taking a walk in the park. Undoubtedly, the existence of a community with similar and well-aligned priorities provides the comfort required for sales. This is what Avalaunch needs to offer developers and upcoming projects. The project provides an opportunity for developers to introduce their blockchain protocols and tokens on the Avalanche network to a wider target audience.
The Avalaunch launch platform is a win-win situation for developers and investors. In this case, developers publish their early-stage projects on the platform for a Public Token Sale at discounted prices. Investors, on the other hand, can invest in blockchain projects at low prices.
The platform also provides developers with the capital required to develop and sustain their protocols. Investors, in turn, have the advantage of potentially high returns on investment (ROI) from project shares. Since the project’s goals are in line with new projects, it is an excellent opportunity for them to scale their operations.
To participate in token sales made by new projects in Avalaunch, you need to stake XAVA coins. XAVA is the platform’s native cryptocurrency. When a token sale is announced in the ecosystem, participants are expected to register for the sale. After the market opens, there is usually a period of about 10-20 hours to buy. Projects in the ecosystem may change, so it may take up to a week to receive your tokens, and you can get them in small amounts or all at once.
What is XAVA? Is It a Good Investment?
XAVA coin is the primary utility token for Avalaunch. XAVA allows users to have a stake in the network to facilitate token sales. Also, this cryptocurrency can be staked. XAVA coin owners can earn token rewards by locking their assets to the platform.
Avalaunch is a relatively new project on the Avalanche blockchain. Nevertheless, it has managed to establish itself in the ecosystem, due to its value for its users. Participants can earn staking rewards of up to 39% before participating in IDOs. Data obtained from the platform shows that investors have gained over 2500% profit on some projects. The asset can currently be purchased on exchanges such as Bybit, KuCoin, and Gate.io.