Choose Your Favorite Investment Memo from the latest AlphaMind Batch! ?****

Community Votes are designed to check community sentiments and select projects for upcoming token launches on AlphaMind Launchpad

✅ Vote to earn Karma Points: app.alphamind.co/build_karma?questId=MWj4rlM-

PS: Vote wisely, the project with most votes will be invited to the AMA session !

Partnership: AlphaMind x Claimrio! ?****

*?*** Join Partnership Quest & Earn Karma: app.alphamind.co/build_karma?questId=1d_JTLAb
This strategic partnership will allow us to develop the karma system and optimize rewards for our community!

You all know what that means: we're keeping a close eye on your contributions. Build karma to earn allocations, airdrops and launchpad bonusses!

Website | X | Discord | YouTube

Have launched our shiny website?

https://alphamind.co/

Bringing intrigue!?
Something exciting is about to begin ?

X

?Check out the coolest Runes X Thread by Garlam, Managing Partner at Momentum6

Enter Bitcoin Runes, a groundbreaking protocol launched in April 2024, promising a new frontier for creating fungible tokens within the Bitcoin universe

?Also, we highly recommend subscribing to the newsletter by Momentum6 - CryptoPragmatist with actionable alpha 3x a week

*❕UPD. Regarding the* Plena

The project team has announced that the "Road to TGE" campaign has been extended for three weeks, and new tasks are now available to users.

Tasks for the 5th week:
- Complete 10 swaps totaling $10 or more on the Polygon network.
- Complete 10 swaps totaling $30 or more on the Polygon network.
- Complete 10 swaps totaling $50 or more on the Polygon network.

For completing these tasks, participants will receive 220 points.

It is also worth noting that tasks from previous weeks are still available.

?Linea Voyage: The Surge — Receive the Early Adopter Role

In its X (Twitter) project, it announced the "Linea Voyage: The Surge" campaign, where participants will provide liquidity in the Linea ecosystem.

The project documentation mentions the Early Adopter modifier (EA), which will increase the amount of LXP-L points received during Linea Voyage: The Surge.

It will be assigned to users who provide liquidity of at least 0.1 ETH to any protocol on Linea before the campaign begins.

The campaign is scheduled to start on April 9, 2024.

?Understanding Token Sales: tl;dr

Token sales, also known as token offerings or token crowdsales, have become a popular method for projects to distribute tokens before they are available on public markets.

The primary purpose of token sales is to allow investors to participate in projects at an early stage, while enabling developers to raise capital and build a community by distributing assets among interested users.

Here are some key terminologies associated with token sales:
- ICO, IEO, IDO: Specific types of token sales.
- Whitelist: A list of addresses or users eligible to participate in the sale.
- Allocation: The number of tokens a user can purchase.
- Ticket: Used in random allocation of allocations, increasing one's chances based on special conditions.
- FCFS (first come, first serve): Sale mechanism where tokens are limited, and latecomers might miss out.
- Hard cap: Maximum fundraising goal; sale may end upon reaching it.
- Soft cap: Minimum fundraising goal; if not reached, sale results are annulled, and funds are returned.
- Vesting: Gradual ownership transfer of tokens over time.
- Cliff: Pause in the vesting process before token distribution begins.
- Batch: Quantity of tokens distributed at once.
- TGE (Token Generation Event): Occasion when tokens are created or unlocked for distribution.

For specific data over a certain period, aggregators like Cryptorank provide valuable insights.

Here are some profitability indicators for 2023:

- Platform with the highest average Return on Investment (ROI): Binance Launchpad (4486% or 44x).
- Most profitable project: Autonolas (230x).
- Project with the highest peak ROI: Shiba Saga (964x).

For instance, DAO Maker, with nearly 150 offerings, boasts an average ROI of 152% (1.5x), while the relatively young platform Bounce, with fewer than 30 token sales, achieved a level of 670%.

Data variance in this segment is vast, and averaged metrics, along with reliance on a single metric, don't offer an objective picture.

Thanks Incrypted team as the source for this post

And… always DYOR!

The final week of tasks from Plena?****

The project team has introduced the fourth wave of tasks, which are conducted in partnership with the Viction blockchain. To complete them, we will need to interact with the project's social networks and mint NFTs within the application on the VIC network.

?What to do?
- Replenish the Plena wallet with VIC tokens on the Viction network;
- Open the Quest tab and select the required task;
- Insert the wallet address linked to Galxe and mint the NFT;
- Navigate to Galxe, complete social tasks, verify online, and claim points.

Tasks from previous weeks will also be available until April 8th.

If you need additional instructions, you can visit the team's guide?