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Polygen
Polygen is a permissionless launchpad built on the Polygon network, designed to facilitate decentralized and fair fundraising for crypto projects. It allows any project to launch without gatekeepers, offering flexible and customizable raise options. The platform aims to be pro-project and pro-investor, ensuring transparency and efficiency throughout the fundraising process.
Distributed
Description
Polygen is a decentralized, permissionless launchpad designed to address the shortcomings of traditional launchpads, such as lack of transparency, gatekeeping, and inefficiency. Built on the Polygon network, it allows any project to create a customized IDO and launch on any blockchain. The platform operates entirely on-chain, enabling projects to create a "Trust" where they specify membership, raise, and token details. It facilitates community-based liquidity seeding and uses a tokenized event system for fundraising (sTKN for seeding, rTKN for the raise). The fundraising process often involves a Dutch auction and an AMM for fair price discovery, with mechanisms to prevent manipulation by whales and bots. Polygen is deeply integrated with the Polygon ecosystem and supported by a network of VCs and founders.Grant Funding
VC Funding
None
2021
$0
$2.3M