Is Polimec a launchpad?

Polimec is not a launchpad; it is much more. These are the key differentiators:

Polimec enables projects to outsource the selection of deals which can raise funds to various investor types rather than acting through a centralized committee.

This mitigates the pay-to-win structure to get a raise on the launchpad by paying the provider more.

Polimec pools various participant types together in the funding rounds and enables open access to and for a broad and diverse participant base. Launchpads, on the other hand, limit exposure exclusively to their client base, which is limited to one of the participant types or people in the know.

Polimec aligns the incentives of the various network participants during and beyond a fundraise and utilizes the Polkadot blockchain for triple ledger accounting with all modules being on-chain. This combination enables the mitigation of counterparty risks, increases transparency, and ensures 24/7 uptime.

Lastly, Polimec alternatively allows using assets with low volatility, such as stablecoins to fund deals. This makes it more attractive for risk-averse participant types, rather than requiring participation with a currency dictated by the launchpad.

Therefore, Polimec can be considered as the next step in the evolution of launchpads in a regulatory compliant manner.