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London, January 12, 2022. Launchpool (including its subsidiary Launchpool Labs Incubator) and NGC Ventures today announced that they have entered into a formal strategic partnership. Launchpool and NGC share common goals, such as investing and strengthening the support they provide to early-stage or market-capable startups.
Launchpool is a token crowdfunding ecosystem that provides project incubation, acceleration, launch and curated and guaranteed allocation to over 50,000 retail communities. Incubation is done by Launchpool Labs – an early-on-demand incubator. In this incubator, the project builds an MVP and a minimally viable community. Launchpool’s IDO pre-lunch board provides the task of ensuring a compliant private tour for more than 20,000 members of the KYC retail community.
NGC Ventures is one of the largest institutional investors in blockchain and distributed ledger technology and has contributed significantly to many major blockchain projects. NGC’s portfolio includes investments in DeFi, Gamefi, Metaverse, infrastructure and ecosystems. Notable investments include Solana, Umbrella, Algorithm, Mina, Elrond, Avalanche, Polkadot and Nym.
Richard Simpson, CEO of Launchpool commented: “We are therefore very pleased to be partnering with NGC Ventures, a similarly curated fund. NGC Ventures will enhance Launchpool’s presence in Asia and give you access to the best projects in the future. “
Roger Lim, co-founder of NGC Ventures, adds:
“We appreciate the work that Launchpool and Launchpool Labs have done. We are very excited to be working with their team and the many amazing projects they support.”
Launchpool is a token crowdfunding ecosystem that provides project incubation, acceleration, launch and curated and guaranteed allocation to over 50,000 retail communities. Fund partners include Alphabit Fund, GBIC, JUN and FOMO Ventures.
Launchpool Labs is a community incubator that supports early stage projects. To date, Launchpool Labs has raised more than $2 million from the retail community for its first five project groups and is now turning its focus to a bespoke incubation model.