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Lithium Ventures Fosters Community Initiatives through Non-Lottery Airdrops Offe...

 2 years ago
source link: https://blockmanity.com/news/feature/lithium-ventures-fosters-community-initiatives-through-non-lottery-airdrops-offering-users-passive-income-opportunities/
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Lithium Ventures Fosters Community Initiatives through Non-Lottery Airdrops Offering Users Passive Income Opportunities

Lithium Ventures is dedicated to creating novel paths to scale crypto ventures through strategic guidance and technical support. It intends to restructure the concept of airdrops and community participation in IDO launchpad events.

An airdrop, in the cryptocurrency industry, is a marketing strategy that involves developers of a project sending tokens or coins to several wallet addresses of their target audiences in a bid to bolster wide recognition and promote awareness of a new digital currency. Small amounts of the pre-launched virtual currency are sent to these wallets of active blockchain community members for free or sometimes, in exchange for simple promotion services such as binding the company to expand its project across different platforms.

A plethora of growing blockchain projects in the crypto industry leverage airdrops to connect with communities of holders while bringing more users to a rather unsophisticated phase of the new idea.

Lithium as a project will employ airdrops to incentivize token holders to foster and strengthen community participation in IDO launches while lowering barrier entries in the crypto industry and encouraging mass adoption. The value is also shared across the community to build loyalty, which is achieved through the use of the non-lottery airdrops

Supercharging growth for next-gen innovations

Incentivising members’ participation and creating multiple avenues for users to earn passive income are just the tip of the iceberg of what Lithium Ventures seeks to offer the crypto and blockchain industry. The project aims to address demanding problems and gaps pervading the crypto space, especially among startups. Lithium is looking to curb issues including frauds that could threaten the wider adoption of blockchain technology and impede the evolution of web 3.0.

Lithium Ventures is on a mission to supercharge growing projects and give them a competitive edge in the booming market. The platform opens up a profitable landscape of value to projects and founders, enabling them access to fundraising and seed capital, among a list of benefits including marketing strategies, technical support, community growth, product development, UI expertise, KYC checks, code auditing, BETA testing groups and brand development.

With the goal of fetching capital for the teams working on real-world problems, Lithium Ventures will facilitate next-gen innovation in the blockchain space.

Advantageous Edge for Startups and Investors

For startups, the platform’s incubator increases the chances of success for founding teams through well-thought mechanisms to assist product-market fit, as well as offer technical backup and marketing strategies for execution excellence. Through Lithium’s launchpad, investors can explore a wide range of high-quality projects on the platform’s incubator. The first protocols to be integrated are BSC, MATIC and ADA.

With its fully operational, cross-chain launchpad that has recorded 10 successful IDOs to date, Lithium intends to saturate the startup industry with lucrative benefits. Emerging crypto projects and investors can connect and build solid relationships on the Lithium launchpad. New projects can raise capital to propel their creativity and early investors can get ahead of the herd.

The platform is awarded a grant directly from Polygon to build cross-chain capabilities. Hence, users can be rest assured of credibility. Ultimately, every project on the launchpad is vetted and founders are KYC’ed to avoid hoaxes and also minimize the risk to the investors.

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

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