Description
Alloca is a launchpad platform for the Monad ecosystem, enabling projects to fundraise at any stage. It offers customizable launch pages, a trending leaderboard to boost visibility, and multiple launch types including public raises (presale or fair launch), NFT sales, vetted 'Chad Sales' for incubated projects, and syndicate sales for early-stage investments. Access to premium sales is determined by a tier system based on holding the platform's utility token, $ALLO. Alloca also offers two NFT collections, 'Purple Frens' and 'Molandaks', which provide holders with benefits like revenue sharing and tier access. The $ALLO token's utility includes staking for yield, airdrops for early adopters, revenue sharing from launchpad fees, and a burn and buyback mechanism. All projects on the 'Chad Launchpad' are vetted, incubated by the Alloca team, and KYC'd by Assure DeFi.