During the YGG Play Summit, Coins.ph and Yield Guild Games (YGG), have announced Launchpool, a platform for users to earn tokens from promising projects within YGG’s ecosystem.
Launchpool will allow users of Coins.ph and its international platform, Coins.xyz, to lock their YGG tokens and stablecoins to gain token rewards from emerging projects.
“Launchpool is not just another product, it’s a gateway for our users to actively participate in the growth of Web3. By locking tokens, they’re not just earning rewards — they’re gaining early access to decentralized economies,” said Wei Zhou, CEO of Coins.ph and Coins.xyz.
Typically, launchpool offers users the opportunity to invest in tokens before they are listed in exchanges. It’s a move that usually aims to raise funds, provide liquidity, and build a community around a project.
“As the YGG protocol expands to support web3 games and future of work partner activities, the Launchpool provides Coins users a way to easily participate and discover economic opportunities,” said Beryl Li, co-founder of YGG.
Launchpool will showcase a lineup of promising projects upon its debut. This highlights Coins.ph’s dedication to bringing innovative solutions to its users and creating avenues for them to engage with and earn from the rapidly growing Web3 space. By unlocking tools and opportunities in the decentralized economy, Coins.ph and YGG aim to make Web3 more inclusive and accessible for everyone.