Core Team
- Prakash Somosundram (CEO)
- Alvin Tang (CTO & Co-Founder)
- Shariff Raffi (COO)
- Rick (CMO)
- Chris Basil (Head of Launchpad)
- Zamin Jaleel (Head of investments)
- Kok Chung (Investor Relations Head)
- Josiah Goh (Engineering)
- Tim Loh (Engineering)
- Lewis Tay (Projects Delivery)
- Jimmy Yap (Project Manager)
More Info About Enjinstarter Launchpad
Due to the fact that Enjinstarter is renowned for offering a range of crypto products for entrepreneurs, one of the main solutions in the ecosystem is the launchpad. With the Enjinstarter launchpad, developers have a unique opportunity to take advantage of the ecosystem, attract a substantial amount of attention from the community, and get the necessary funding to develop their own projects through Initial DEX Offering (IDO). In turn, for investors, Enjinstarter provides a lot of economic benefits, including the opportunity to buy tokens of favorite and promising crypto projects at an early stage, at the best price. Note that Enjinstarter acts as both a proven accelerator and incubator, carefully selecting the highest quality blockchain startups. Thus, the platform provides early investors with very solid returns on their investments. At the same time, it offers comprehensive effective marketing tools for developers. The Enjinstarter launchpad architecture implements the IDO model, where each user who holds a certain amount of internal EJS tokens in the staking pools has the right to become a participant in the tokensale by getting the right to allocate. The main difference between Enjinstarter and other launchpads is that there is a Tiered allocation model involved. The Enjinstarter system looks like this:
- Galaxy – 1250 – 25000 wEJS
- Universe – 25001 – 100000 wEJS
- Metaverse – 100001 – 500000 wEJS
- Multiverse – 500000+ wEJS
Moreover, the platform has guaranteed allocation pools (GAP) and unique investment rounds. This means that for stakeholders who hold between 1,250 and 25,000 wEJS tokens there is a model where only the First Come First Served (FCFS) model of IDO participation is available to them. In turn, stakeholders who hold between 25001 wEJS and above in tiers have access to a guaranteed place in the allocation of a range of other investment benefits. Of course, the more tokens an investor holds in staking, the more rewards and allocations they will receive during the IDO token allocation. Note that in order to become a full-fledged IDO participant on Enjinstarter, users need to undergo Know Your Customer (KYC) verification of their crypto wallet, using Blockpass. Enjinstarter’s concern for investor safety and IDO transparency also deserves special attention, which is why it offers a range of concepts that are involved in the ecosystem. Some of the key ones include; minimum liquidity requirements from crypto startups, automatic refunds in case the listing is delayed for a longer period and in case of technical issues that provoke excessive volatility, ensuring a stabilized IDO token price in the first 24 hours, incubation period for all IDO projects and much more.
EJS Token
The EJS token is an internal token of the Enjinstarter ecosystem that is the main unit of account supporting the value of the platform. In addition, EJS acts as a native token that provides access to a wider range of functionality, including staking rewards, the right to manage the platform as part of the governance mechanism, and to participate in Initial DEX Offers.
Key Metrics
Launched of Categories
- GameFi – 58.6%
- Blockchain Service – 15.2%
- DeFi – 14.1%
- Social – 6.1%
- NFT – 5.1%
- Chain – 1%
