Lattice Exchange has launched its Lattice Launchpad, a one-stop-shop for blockchain startups. The platform will migrate to Constellation Network to offer features like high transaction execution speeds, low fees, and exceptional scalability for digital entrepreneurs.
Advanced Launchpad To Support Innovative Blockchain Projects
Lattice Exchange, a DeFi platform that connects all blockchain ecosystems and allows users to access the value of those ecosystems in one place, has launched the Lattice Launchpad, a new launchpad designed for blockchain startups.
The Lattice Launchpad serves as an all-in-one platform for blockchain entrepreneurs to introduce new ideas by helping them list projects for funding. This is accomplished by connecting existing crypto communities while allowing everyone to participate in new projects through Lattice’s native $LTX token allocation.
Governed by the $LTX token, the Lattice Exchange will soon migrate its ecosystem to Constellation’s Hypergraph Network, a secure communication protocol designed for wide-open networks and concurrency.
By leveraging Hypergraph’s secure communication protocol, HGTP, Constellation’s feeless decentralized network, Lattice aims to reduce risk, cost, and friction for ‘digipreneurs’ while granting them more control and increased transparency. As a result, Lattice Launchpad can drastically lower gas costs, which often impact the viability of projects on legacy chains like Ethereum.
Following the migration to Constellation, Lattice Launchpad will position itself as a robust platform, equipped to support multitudes of projects, including projects built on HGTP, those incubated by Constellation, and initiatives that are part of the Constellation Flight Program cohort launched in July 2021.
Lattice Launchpad will also support token projects built on alternative networks and Constellation’s L_0 state channels. The latter’s distributed network architecture can accommodate real-world big data use cases by leveraging Hypergraph’s infinitely scalable DAG architecture.
Since the L_0 state channels run distributed and decentralized, HGTP ensures speed and scalability, making it an extremely desirable blockchain solution for next-generation, Web3.0 blockchain startups.
According to Ben Jorgesen, CEO of Constellation and Lattice Exchange, “The Lattice LaunchPad is the first touchpoint to connect quality projects with crypto communities and traders. This will pave the way for projects to discover the Lattice Exchange and for their tokens to be freely traded without high gas fees prone to other DeFi platforms.”
Alkimi Exchange, a decentralized ad exchange built on Constellation’s Hypergraph, is one of the first projects set for listing and funding on the Lattice Launchpad. Alkimi has been working with Constellation’s incubation team since March of 2021, leveraging HGTP’s scalability, speed, and near feeless infrastructure to disrupt the $340 billion traditional advertising industry. The innovative startup will officially launch its staking allocations starting Wednesday, August 11, 2021.
Ben Putley, CEO of Alkimi Exchange, concludes,
“We have been searching for a feeless, high speed, and infinitely scalable solution to host the digital advertising auction on the blockchain, and Constellation’s Hypergraph makes this possible. As the first project incubated by Constellation, the decision to launch via Lattice was a straightforward one to make as we wouldn’t be in this position without the Constellation community. We are building an ecosystem built on transparency, efficiency and fairness all of which are key parts of Lattice’s vision.”