LaunchnCoin and Believe.app are emerging as leading players in the booming new space of blockchain-based capital raising. They are directly challenging the assumptions underlying traditional, “VC 1.0” venture capital. Launchcoin, an innovative new cryptocurrency, allows users to create their own coins simply by tagging the account on X. In just a few months, it recently peaked at an all-time high market capitalization of $200 million! Believe.app has been empowering developers to get their projects off the ground and has had breakout success. Successful projects such as $Noodle and $Goonc have hit incredible heights due to this platform. These recent advancements underscore the increasing popularity of blockchain-based fundraising and its ability to upend the current financial system.
Launchcoin's Innovative Approach to Crypto Creation
The big buzz surrounding Launchcoin is its unique, and highly original, method to create a new cryptocurrency. By making it easier and more efficient to launch new crypto projects, Launchcoin democratizes the process. It’s simple for users to create one by tagging the account in a reply and putting their preferred coin name right on X. Once the funding target is reached, the project is launched on the Solana blockchain, taking advantage of its extreme speed and low cost.
This project shot up in popularity, reaching an all-time high of $200 million in market capitalization. Now, it sits just short of $160 million, a testament to the amazing power of crypto for community action. This success points to the booming popularity of decentralized finance (DeFi). It proves that anyone—in every sense of the word—can get involved and help build new digital assets.
Believe.app: A Launchpad for Blockchain Projects
Believe.app is a platform that gives developers the tools to more easily get their projects off the ground, which is what Internet Capital Markets is all about. The platform has already incubated several successful projects, including $Noodle, a gaming project that reached an all-time high of $20 million, and $Goonc, a memecoin that peaked at $60 million and is currently valued at $40 million. All of these successes show the platform’s growing prowess to identify and nurture the best, most promising blockchain projects.
Presales on Believe.app frequently make 5x to 10x on launch and almost always generate listings on centralized exchanges such as KuCoin. This tremendous boom brings in endless capital and brings attention to the possibilities of extraordinary returns in blockchain world. That perfect someone will have in depth experience of doing venture capital. They know their ecosystem inside and out, and they know how to equip projects with the mentorship and resources to thrive, not just survive.
Solana's Ecosystem Expansion and Enhancements
Solana’s ecosystem is rapidly growing and improving by the minute, rooting Solana even deeper in the ground as one of the top blockchain platforms. Solaxy, a Layer-2 solution for Solana, just raised $35 million. Through this investment, they’re looking to address issues of congestion, failed transactions, and scalability constraints on the Solana network. This investment highlights the need to address Solana’s infrastructure challenges to accommodate its burgeoning ecosystem.
Solana recently published a 26-page detailed report explaining why you should consider tokenizing equities on Solana. The report highlights native compliance tooling with token extensions, capacity to handle ~10% of NASDAQ daily volume, and cutting costs with programmable dividends, stock splits, and voting. This joint venture is another sign of Solana’s drive to reshape the world’s existing financial markets by applying the unique capabilities of blockchain technology.
