value /ˈvaljuː/ - the regard that something is held to deserve; the importance, worth, or usefulness of something.
Programmable Money. For the first time in history, we are re-defining what "value" means: we can re-think about our macro economics: (1) what does your organization or community stands for, (2) what defines it, (3) what is it nature, (3) how does it actually interact with labour. These are just some of the concepts that we can reconstruct in the space.
**Token = protocols + economic incentives + networks schemes**
Stacks Token Launchpad goal is to ease the launch of Stacks Tokens within the Stacks Ecosystem. It will enable teams in various stages to raise capital on a decentralized permissionless environment based on Stacks. Everyone can tokenize assets, create their own economy and incentivize their early adopters. All things that weren't possible before - a piece of puzzle that will realize our vision of a user-owned internet.
See table below for possible and proposed ways to launch your own token in the Stacks Ecosystem. Some of these ways will enable teams to raise seed money in the range of 100k/500k/1m without VCs - a first step to what we call a fair token launch.
Once you launch your own PoX token, you can go your typical ICO route, popularized during the crypto boom bust craze in 2017. All you need to do is raise money from a few VCs to add more legitimacy and credibility to the project, do an ICO or IEO afterwards. This process requires a lot of legal process. Protocols can work with legal agency that specializes on token launch, a few names that comes into my mind are Kenneth from Dentons, Clarence Guo of Bayfrontlaw, Brandon of BTP Law and more. The main advantage here is the amount of capital you can raise.
Remember, there will be no perfect distribution mechanism but we can make it the fairest as possible for example token mining aka PoX Lite alleviates all legal debacles and might be the safest and cheapest way to launch your own token making it easier for regulatory and compliance.
This was best catalyzed by Compound and the distribution of their governance token — $COMP — users who supply / borrow capital from the lending protocol are eligible to receive a pro-rata distribution of the 2,880 COMP allocated each day. Other strong cases in the liquidity mining mechanism include $BAL, and $SNX. The effects of liquidity mining is apparent, it drives the right type of growth that we want in a protocol and that is to be powered by communities and hodlers actually using their crypto purchasing power. We can pretty much say putting their tokens at work.
From this instance, we can repeat the same DeFi Bull Market in the ecosystem by leveraging on DIKO's lending protocol. Paired with the ability to maximize COMP by using Flash Loans on InstaDapp, Compound’s token distribution has solidified a DeFi bull market.
No KYC, this process skips most of the legal process, In some particular way, the fundraising method of IDO is similar to IEO, ICO, and STO, despite it is based on DeFi, which created a way to build innovative, robust, and easily scalable open finances. IDO is decentralized and offers ways for DeFi.
Fixed swaps establish a maximum investment amount per participant and help protect against large token concentrations among whales in the early stages of token distribution.