Launchpool is a pre-IDO platform. That means projects come to Launchpool first, before going to IDO platforms like Polkastarter, Mantra, etc. Launchpool connects varied stakeholders in the crypto community, including funds, community, marketers and experts.
The allocation depends on how much lpool in staking, how much others stake and whether you stake from the very beginning of the Allocation Mining Event or not. To access an allocation, as long as you follow the steps (sign up, KYC, connect 1 Wallet - 1 Person, stake LPOOL in your pool of choice), you receive a % allocation that you're entitled to. There is no lottery, and no "if you're lucky, you get in".
How AME works:
|Name||Price||Chg 24H||Chg 7D||Market Cap||Vol(24H)||IDO ROI||ATH IDO ROI||IDO Date||Raised|
|Unizen||$ 0.727||-7.59%||-12.5%||$ 24.86M||$ 1.29M||24.23x||233.82x||12 Apr 2021||$ 3,400,000|
|Proxy||$ 0.948||-35.2%||-37.8%||$ 941.76K||$ 95.05K||0.59x||36.14x||30 Jul 2021||$ 225,000|
|DeFi11||$ 0.00371||-6.88%||-10.2%||$ 24.77K||$ 54.23K||0.02x||8.31x||07 Jun 2021||$ 4,261,575|
|NuNet||$ 0.024||-9.7%||-17%||$ 7.21M||$ 80.99K||1.20x||11.54x||25 Nov 2021||$ 900,000|
|IAGON||$ 0.0129||-7%||+3.01%||N/A||$ 41.08K||0.36x||4.07x||26 Jul 2021||$ 3,490,000|
|Hinata||N/A||N/A||N/A||N/A||N/A||N/A||N/A||06 Dec 2021||$ 3,319,000|