What Does the Future Have in Store for Poolz After a Successful 2021

Dear Poolz Community,

We thank you for being a constant source of support and motivation throughout the course of 2021. The year was quite a spectacular one with incessant action throughout, and together we’ve achieved the unthinkable.

Since our very inception as Poolz Finance, our goal has been to revolutionize fundraising in DeFi. Unleashing the full potential of blockchain technology, our multichain launchpad was created to help DeFi projects raise funds by way of decentralized cross-chain liquidity auctions. This year, however, we were able to expand this goal further and set our eyes on building the future of DeFi by fostering innovative startups in this space.

With a vision so big and no time to waste, we started the year with the much-awaited IDO of $POOLZ. The IDO was conducted on the Poolz Finance platform itself and the tokens were sold out in a record-breaking 26 seconds. Within an hour, POOLZ was successfully listed on Uniswap.

This was followed by a private sale round led by some of the most renowned names in the industry, including Genesis Block, Alphabit, SevenX Ventures and The Foundry, which helped us raise over $1 million. This private round was also open to our community of members as we wanted them to be involved at every stage. The success of our public and private sales put us on the map in DeFi leading to partnerships with the best. We were able to integrate our platform with the biggest blockchain networks such as Ethereum, Binance Smart Chain, Huobi ECO, Polkadot, Polygon, Avalanche, and Tomochain to promote interoperability.

The best part about this year, however, has to be the tremendous growth in the number of actively engaging community members. We’ve had millions of users visiting our website and interacting with us on a regular basis in 2021. Our Twitter account now has over 125,000 followers and the Telegram group has over 55,000 members who engage in discussions and support us throughout. We were also able to expand our team this year from three founders at day one to over 25 extremely talented individuals that we now have on board.

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Highlights of 2021

Improved Our Whitelisting Mechanism

Having learned a few lessons from the past, we amped up our whitelisting game in 2021, to ensure hassle-free IDO launches. We introduced two tiers — a guaranteed Top 100 tier and a Poolz Community tier. Apart from this we also introduced a base allocation for the Top 100 tire and lottery winners which will be split evenly among whitelist winners. We also added weight to the number of POOLZ tokens owned. The more you own the better are your chances of winning.

Went Big on IDOs

We demonstrated our vision for a decentralized, censorship-resistant fundraising process in DeFi through our own IDO on Poolz Finance and combined it with an improved whitelisting mechanism to make the whole process hassle-free. This vision definitely struck a chord with emerging DeFi projects and 79 promising ones launched their IDO’s on the Poolz Finance platform in 2021. They raised over $25.19 million in funds collectively with average participation rates 576 unique participants recorded for each of these IDOs. The average ROI stood at 25 times the initial investment and these projects continued their dream run even after the IDO with 30 day total volume for all these projects standing at $1.14 billion today.

Introduced Governance

We always wanted our community to be an important part of Poolz decision making and introduced Poolz GC, our governance platform this year. There are over 40 GC holders as of now, and they help us make key decisions for the future of Poolz. We thank all our governance members for being a key part of our process and supporting us throughout.

Fostered Startups With Poolz Ventures

In 2021, we expanded our vision to a whole new dimension with the launch of Poolz Ventures. The VC wing of Poolz was introduced to help build early-stage startups within DeFi to give them the best chance of success. Sure enough, we followed through on this vision and invested in a multitude of startups across the DeFi, NFT- Metaverse, and GameFi industries. By the end of the year, we were able to raise over a billion dollars collectively for the most promising decentralized projects.

Launched Fully Incubated Projects

Apart from just investing, we selected three NFT and metaverse projects Kryptomon, Space Sip, and the World of Defish for full incubation under our VC wing. We conducted NFT sales, seed rounds, private sales, and IDO rounds for all these startups to help them raise the capital they need to scale their projects to the next level.

Focused on GameFi

GameFi is probably one of the most interesting outcomes of blockchain technology and sure enough, has the capacity to propel mass adoption. So, we made it a priority to foster as many GameFi projects as possible in 2021. We came across a plethora of projects with huge potential and joined on-board as investors through Poolz Ventures.

Our community has played a huge role, supporting and motivating us throughout the year. The year ended on a positive, profitable note with much more action scheduled for the next year.

Sneak Peek Into 2022

Our goals for this new year are once again centered around building and fostering more startups for the DeFi space. But this year we want to go deeper and provide startups with much more than just capital. For this reason, we built Poolz Labs.

Poolz Labs

Poolz Labs is the blockchain-as-a-service (BaaS) arm of Poolz that is scheduled for launch this year. This project is packed with a suite of tools that are designed to scale up and boost Blockchain startups with smart contract building, auditing, claiming system, data analysis, API’s , governance tools, marketing, and financing. We believe that this product suite will help future innovators and entrepreneurs create products for the future of DeFi while being sure that the rest of the process is taken care of.

Apart from working on Poolz Labs, we want to bring in some new mechanisms and improvements this year to ensure that we’re on the top of our game.

  • Starting this year, we are excited to announce our first BuyBack of 2022 with a total of $100K, from which we burned $50K!! Towards 2022, we plan to create more burning mechanisms and continue BuyBack & Burn POOLZ on a regularly. We recently added a new position in the company of an extremely experienced governance member that will take care of finding the idea deflationary model for POOLZ, that will include more utilities and more POOLZ burning.
  • Following through on our vision for interoperability, we aim to integrate more blockchain networks with our platform this year.
  • Poolz V3 is scheduled for launch in 2022 and will come with significant performance and user-experience improvements.
  • We also aim to increase the number of fundraising channels on the platform this year to ensure that all startups have the best chance of raising capital.
  • We aim to continue the full incubation of projects and we’re on the lookout for promising startups that might need our attention.
  • Lastly, through Poolz Grants, we aim to help more promising blockchain gaming projects with funding and leverage Poolz resources on their path to success.

As we go into the new year with huge goals, we believe that our community will once again render their constant support to us. Together, let’s make 2022 another successful year on our journey to take DeFi mainstream.

About Poolz

Poolz is decentralized fundraising and cross-chain launchpad. It is a hub for DeFi apps, enabling them to unravel the power of blockchain

Website: https://www.poolz.finance/

Medium: https://poolz.medium.com/

Twitter: https://twitter.com/Poolz__

Telegram: https://t.me/PoolzOfficialCommunity

Telegram Announcements: https://t.me/Poolz_Announcements

Cross-Chain Token Pools & Auctions. Website URL: https://www.poolz.finance/

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Poolz

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Cross-Chain Token Pools & Auctions. Website URL: https://www.poolz.finance/

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