Source: Cointelegraph
Original: “From Web2 to Web3: Why Puffverse, Created by the Original Xiaomi Team, Can Become a Hit on Gate Launchpad?”
In today's increasingly mature cryptocurrency market, investors have higher expectations for the trustworthiness of trading platforms, project selection capabilities, and the overall strength of the platform. Recently, Gate announced the official launch of its new domain Gate.com and released a new logo, marking another significant upgrade in its brand strategy and global layout, further reinforcing its positioning as a "one-stop service platform for crypto finance."
On May 16, the first project on Gate Launchpad, Puffverse (PFVS), officially concluded, attracting over 35,000 participants and a total subscription amount of $656 million. As a leading global cryptocurrency trading platform, Gate has earned the trust of a large user base through its strict project review mechanism, strong technical support, and rich ecosystem.
Precise Token Selection and Strict Review Mechanism: Selecting Quality Projects with Professional Strength
The Puffverse project was developed by the original Xiaomi game team, combining Web2 development experience with Web3 innovative concepts to create a 3D virtual world that integrates social interaction, casual gaming, and metaverse experiences. However, its success is not coincidental but rather a reflection of Gate's strict project selection mechanism.
Whether it is the technical feasibility of the project, team background, market potential, token economic model, or risk control mechanism, Gate has a rigorous selection process to ensure that listed projects possess real value and sustainable development potential.
Dr. Han, the founder of Gate, mentioned in an interview with Cointelegraph earlier this month that Gate has implemented multiple measures in the token listing process to ensure project quality and platform security, including a rigorous review mechanism and a multi-layered risk control system. Before listing, Gate conducts reviews from various aspects such as smart contract security audits, technical assessments, team background investigations, and analyses of the rationality of the token economic model. After the project goes live, Gate also has a dynamic monitoring mechanism, such as abnormal transaction monitoring, project progress tracking, and community activity assessments, to ensure that the project continues to meet platform standards.
A Large User Base and a Highly Active Community: The Foundation for Launchpad's Success
The first project on Gate Launchpad achieved impressive results with 35,000 participants and $656 million in subscriptions, clearly demonstrating the platform's core advantages in user base and community operation.
A Large and Diverse User Group
Gate has now served a total of 23 million users worldwide. These users encompass investors from different regions and levels, ranging from retail to institutional, from novices to experienced traders, forming a diverse and active community. This broad user base provides ample potential participants for Launchpad projects, ensuring that projects receive significant attention and funding support at launch.
Community Influence Accelerates Project Dissemination
Gate has an active social network and media resources, allowing new projects to quickly disseminate information through the community, key opinion leaders (KOLs), and partners, rapidly attracting attention and increasing subscription enthusiasm. The active participation and sharing by community members exponentially increase the project's influence and subscription amounts.
Strong Brand Reputation and Trust Mechanism
The platform has established the perception among users that "Gate Launchpad = quality projects" through strict token economic reviews, transparent distribution rules, and good returns from historical projects. Investors' trust in the platform's selection capabilities directly translates into higher funding participation and holding confidence, creating a virtuous cycle.
In addition, as of May 8 this year, Gate's total reserves reached $10.865 billion, with a reserve ratio of 128.57%. This excess reserve provides users with additional security, ensuring that user withdrawal demands can be met under any circumstances.
Gate.io's One-Stop Crypto Ecosystem
Launchpad is not the only "new project" channel that Gate offers to users; it also includes CandyDrop, HODLer Airdrop, and Launchpool, each with its own characteristics to meet different user participation needs.
Product Name
Participation Method
Main Features
Target Audience
Launchpad
Subscribe to new project tokens
Early project launch, potential high returns
Users seeking early participation opportunities
CandyDrop
Complete tasks to participate in airdrops
No capital investment required, task-driven rewards
Active users willing to complete tasks
HODLer Airdrop
Hold GT to automatically receive airdrops
No lock-up required, supports participation in multiple projects
Users who hold GT long-term
Launchpool
Stake tokens to participate in mining
Multi-currency staking, high-frequency rewards
Users looking to acquire new coins through staking
Additionally, Gate continues to innovate in "new project" products and has built a one-stop crypto ecosystem covering trading, asset management, payment, and Web3 applications:
Summary:
Gate is driving the cryptocurrency industry from single trading to comprehensive services by continuously strengthening compliance (such as multi-country licenses), technological innovation (such as pre-market trading), and ecosystem expansion (such as sponsoring F1 teams). The success of Puffverse is just the beginning; its model of "professional selection + community empowerment + ecosystem collaboration" will provide a growth platform for more quality projects while creating long-term value for investors.
Related: 16% Ambition: From Altcoin Spot to Perpetual Contracts, Gate.io's Differentiated Strategy Dominance
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