March 30th, 2022 - Since launching the Algorand Foundation Grant Program, we have received many submissions, globally, from developers and innovators eager to participate in the expanding Algorand Ecosystem. After a thorough review and selection process, we are delighted to announce FairMeme as the latest Grant recipient. FairMeme_Algo LaunchPad is a decentralized fundraising protocol on the Algorand Blockchain set to give more power to investors seeking for innovative startups and projects on the Algorand Blockchain.
FairMeme Org is a developer organization focussed on supporting and creating innovative and real life solutions leveraging blockchain technology. The organization in its way of achieving these goals has developed an all in one Launchpad with all features and functions needed for any project to achieve a perfect Launch in a secured environment.
Main Features include:
- Review Team:
The FairMeme Org is setting up a decentralized review team that consists of its partners, highly educated individuals on specific fields needed by any startup to review and vet for all projects coming to the FairMeme_Algo Launchpad. This is to achieve a fair and well vetting and unbiased system and ensure quality projects.
- Vested IDOs:
Project owners can use this for their pre-sales, giving them the ability to set scheduled release of IDO tokens to investors.
- Standard IDO:
Project owners can use this feature for instant distribution of IDO tokens to participants.
- Token/Liquidity Pool Locker
The team locker can be used in several cases such as staggered release of assets, team allocations, etc. This gives users the ability to lock assets for other users, for a period of time.
- NFT IDOs:
This will help NFT projects to distribute their NFTs in a fair manner using our on-chain NFT whitelist and distribution system. This will increase the value and awareness of NFTs on the Algorand Blockchain.
- Governance:
The governance protocol will increase investors power and control over raised capital, reducing their risk in their investments therefore making investments safer.
FairMeme Org has partnered with some of the best to provide a reliable and efficient service for its users and bring more exposure to the Algorand ecosystem. The FairMeme Org aims to be one of the largest developer organizations leveraging blockchain technology to provide real life solutions to not just blockchain enthusiasts but also the traditional community. The FairMeme Org with the development of the launchpad, aims to expand the ecosystem; there have been series of partnerships with projects within the ecosystem and outside the ecosystem.
'We welcome FairMeme to the Algorand ecosystem. Fairmeme is a community-driven project which will serve to provide the Algorand community with better opportunities to identify and support projects in our ecosystem. The FairMeme platform will connect investors to well vetted projects on the Algorand Blockchain in a secured environment'. - Addie Wagenknecht, Head of Global Ecosystems and Technical Operations, Algorand Foundation.
For more information on FairMeme please visit https://fairmeme.org/ or their launchpad testnet site at https://launchpad.fairmeme.org/testnet/ , follow them on Twitter or join the discussion on their Discord channel.
