The Xend Launchpad will help identify projects and connect them with communities bring their ideas to life while also introducing these projects to investors at early stages of the projects.
By Omotayo Olutekunbi
Xend Finance, one of Africa’s top DeFi ventures, has announced the creation of the Xend Launchpad in an effort to aid in the discovery and identification of blockchain-based enterprises at an early stage.
The Xend Launchpad will assist in identifying companies and connecting them with communities in order to bring their ideas to life, as well as introducing these projects to investors at an early stage.
According to the Xend Finance blog, the Xend Launchpad aims to serve as a springboard for projects looking to launch via:
Sales of physical hardware devices
Digital assets (including NFTs)
Token sales
Investors will be required to stake and hold $XEND tokens in order to receive early access, akin to top venture capitalists.
Xend Finance aims to use its enormous community, marketing strength, and investor network to assist listed projects take off globally, not only in Africa.
Other benefits of the Xend Launchpad, in addition to increasing the utility of the $XEND token, include:
Device Holders Offering (DHO) Is a method of generating funds in which qualified investors pre-order gadgets.
NFT Sales Launchpad – Projects can begin by selling a limited number of NFTs.
Multi-Chain Support — In addition to the present Binance Smart Chain (BSC) native support, projects will be able to select their preferred blockchains.
Xend Launchpad by Xend Finance will not charge any fees to projects in order to launch them.
Xend Finance Information
Check out this exclusive BitKE interview with Aronu, the CEO of Xend Finance, as he discusses the project’s inception, vision, and lessons for fellow African entrepreneurs on how to establish successful DeFi crypto enterprises:
#BigBrotherNaija “Level Up” Week 6
Though last Sunday Sunday was meant to be a “no-eviction” day, it came as a shocker when fake housemate, Modella…
Dating in 2022; Situationships Are Not For The Fainthearted
Situationships are defined as that space between a defined relationship and something other than a friendship. It is a romantic…
20 Questions With Dinta Media’s Visual Storyteller, Chimeremogo Nwoke
Dinta Media is not really just a media production brand but we like to see ourselves as a hub for…
How Are Nigeria’s Small Businesses Coping?
The current rising rate of inflation and other burdens against the Nigerian economy speaks to the realities of the times.
Thrifting Is All The Rave Now, Here’s Why
By Amy Adindu The affordable clothing movement has gained global attention and acceptance as we’re all trying to look like…
#BigBrotherNaija “Level Up” Week 2
Week 2 of the highly watched Nigerian TV show kicked off with an early plot twist. On Sunday, Big Brother…
#BlueTunes: Burna Boy, Omah Lay Top Album Picks For July
July was a promising month for music lovers; from Lizzo’s album titled Special and Imagine Dragons’ Mercury, (Acts 1 &…
#BlueTunes Album Picks For June
Gbagada Express – Boj Bolaji Odojukan, popularly known as BOJ, was raised both in England and Nigeria. He shot to…
“A Creative’s Dream” with Jeff Chinonso
On the 26th of June 2022, Jeff Chinonso hosted his first solo art exhibition. The Augmented Reality exhibition themed “A…
Nigerian API-based company Thepeer raises $2.1 million
Tech infrastructure startup Thepeer has raised a $2.1 million seed round according to a report from TechCabal. Thepeer, a Nigerian…
Dika Ofoma, Ugochukwu Onuoha take on grief in Debut Film “The Way Things Happen”
The twenty-minute film focuses on the loss of a loved one, and how grief changes a person.
Nigerian Startups might just be Crippled by a Recently Leaked bill
Over the years there has been talks of amendment on the 2007 Act of the National Information & Technology Agency (NITDA).
Why We Love Kelechi Amadi Obi
The definition of talent is Kelechi Amadi’s iconic story. Imagine a person who studies law in school, gets called to Bar, and leaves it all for something different and unrelated…Painting!
