The Fair Launch Foundation makes the people their VC with SmartCoin & Jade Protocol, a new OHM fork

December 02 23:21 2021

There’s a disconcerting trend amongst venture capitalists in the crypto space who negotiate Pre-Pre sale tokens that give them pricing and project access long before retail investors, then dump those tokens for 100x gains once a listing goes live on exchanges.

Worse are “influencer advisors” who negotiate for a percentage of the token supply, shill to their trusted followers on social media, wait for their own fans to pump the price, then dump on them for a profit.

Not to mention “rug pulls” where project founders pre-mint tokens, filling their own bags, then dump those tokens on new investors and disappear with millions of dollars in investor money — a nightmare scenario that has played itself out over and over again on Dexes across crypto.

Telegram groups cycle the same messaging in loops: “Did such-and-such rug?”, “Has it rugged yet?”, “When rug?” These rug pulls leave defi investors with a kind of paranoia akin to PTSD.

How does this stop the cycle of selfish behavior and band together to create safe and profitable environments for innovation?

What would happen if anyone created a crypto Y-Combinator funded by the people’s VC, then let talented dev teams pitch ideas, & had a DAO full of diamond-handed, ethical investors choose the best projects?

That’s what the creators of SmartCoin are presenting with the SmartCoin ecosystem and the launch of the Fair Launch Foundation with its latest project: Jade Protocol, a fairly launched OHM fork.

The Fair Launch Foundation is a way to fairly launch high-yield protocols and crypto projects so small and large investors, alike, have the same access and potential for profit. FLF proposes to be a 100% fair launchpad where all market actors have a shot at maximizing profits.

The first token from the Fair Launch Foundation was called SmartCoin and became the most viral token in Defi weeks ago, plus the #1 traded pair on Avalanche. SmartCoin has been dubbed the “Squid Game of Crypto”, and players who make it through each of the social experiment’s 10 phases will be whitelisted for governance tokens into the Fair Launch Foundation.

SmartCoin, arguably, has the best marketing in crypto with Emin Gün Sirer, founder of Avalabs, recently stating on an Avalanche Network podcast that, “SmartCoin is doing amazing marketing… their tweets are funny, irreverent, and amazing.”

SmartCoin founders have KYC’d to RugDoc and SmartCoin was audited as low risk by Paladin and RugDoc with liquidity recently locked. Their advisory team includes well-known Defi thought-leaders from the Trader Joe and Avalanche Network teams, plus the CEO/CIO of Three Arrows Capital, Su Zhu.

The SmartCoin team is now bringing its already vibrant and welcoming community together to form the Fair Launch Foundation with a mission for building, forking, innovating, and fairly launching the best projects in crypto while shifting the defi narrative away from zero-sum games and into one of collaboration.

The next FLF project is Jade Protocol, a fork of Olympus Dao with numerous competitive advantages. Jade will launch on Binance Smart Chain, and creates the opportunity for exponentially higher APRs and profits than OHM currently produces due to Jade’s ability for auto-compounding, since BSC fees are 200x lower than those on Ethereum. 

Jade Protocol will boast APRs of 500% to 5,000% with APYs hovering between 500,000% to 1,000,000,000%, and exponentially higher returns for early adopters. The protocol will use 10% of its treasury for buy backs and burns, and 5% of treasury funds for marketing, employing SmartCoin’s proven viral marketing team.

Why launch on Binance Smart Chain? Binance onboards more users into crypto than any other exchange in the world, and all those users get funnelled into BSC, which has over 10 million transactions per day. This creates massive exposure for Jade Protocol and fairly captures an audience who has been disproportionately affected by rug pulls and scams. It also allows the Fair Launch Foundation to build a network-agnostic community with the power to direct attention to and build profitable projects on any network across the metaverse.

The Fair Launch Foundation promises safe, profitable, and fairly launched projects with a focus on building fun, powerful communities. Using memetic messaging and marketing, FLF is uniquely qualified to cut through marketplace noise and address the concerns facing the Defi and crypto space as a whole.

Imagine no longer worrying about rug pulls, tapping a proven development team with built in liquidity, activating viral marketing and powerful community engagement, then gaining early access to 100% fair launch forks of the most popular projects in crypto.

That’s the Fair Launch Foundation.

To learn more about SmatCoin and Jade Protocol, visit:

Website: https://jadeprotocol.io/ 

Twitter: https://twitter.com/jadeprotocol 

Telegram: https://t.me/jadeprotocolofficial 

Website: https://smartcoin.farm/#/ 

Telegram: https://t.me/smartcoinofficial 

Discord: https://discord.gg/G7Xsux8c 

Media Contact
Company Name: SmartCoin
Contact Person: Media Relations
Email: Send Email
City: Austin
State: Texas
Country: United States
Website: https://smartcoin.farm/

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