Our second-generation launchpad previously adopted a curated issuance model. This approach sounded promising, and we learned a lot in practice. However, after a period of testing, we found that this system had significant limitations. Ultimately, we decided to make adjustments.
Why change? There are three main reasons. First, the complexity of the curated mechanism at the execution level exceeded expectations. Second, this model limited the flexibility of creators and project teams to participate. Third, user feedback indicated that they valued a diverse selection of projects more than a passive "curated" experience.
This shift is not a failure but a pragmatic decision based on real market responses. We are exploring a more open and efficient way to operate the launchpad.
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CreatorBid Launchpad's Evolution
Our second-generation launchpad previously adopted a curated issuance model. This approach sounded promising, and we learned a lot in practice. However, after a period of testing, we found that this system had significant limitations. Ultimately, we decided to make adjustments.
Why change? There are three main reasons. First, the complexity of the curated mechanism at the execution level exceeded expectations. Second, this model limited the flexibility of creators and project teams to participate. Third, user feedback indicated that they valued a diverse selection of projects more than a passive "curated" experience.
This shift is not a failure but a pragmatic decision based on real market responses. We are exploring a more open and efficient way to operate the launchpad.