Crypto Society Ama Recap with Harmony Launcher — 15th February 2022.
Harmony Launcher is the world’s first decentralized IDO + IGO launchpad and incubator with an integrated AMM DEX who’s primary focus is to provide all the necessary grounds for start-ups and projects based on the harmony network to build, raise funds & launch successfully.
Bilo I Crypto Society
It’s our pleasure to have you with us today. I would like to welcome you here on behalf of our entire community.
Could we begin with a brief history of yourself and your team, and your roles at Harmony Launcher and what you were doing before Harmony Launcher?
Harshad Wagh || Harmony Launcher
Thank you for inviting us. Looking forward to an exciting session 🙂
I am Harshad Wagh, Harmony Launcher Cofounder( $HARL),
With regards to my Education Background Have done my engineering in electronics major and started off as a software engineer in omnitech in 2014.
I then held a position as a big data analytics developer in core logistics (2016–2018). I was amazed by the emerging blockchain tech, acquired this skill and started freelancing as a blockchain dev in 2016.
I joined the block pool as a full-stack blockchain application developer in 2020 and was closely associated with top launchpads on Solana; both as an investor and as a tech contributor I felt the need for a strong infrastructural platform to give necessary exposure to projects building on harmony and the harmony ecosystem itself. I started off harmony Launcher 8 months back with my dynamic co-founders Ankit and Prashant.
While my crypto journey started along with my professional journey way back in 2014 there’s been no turning back. Getting into this scenario early surely has helped me in developing one of our most prized product… Harmony Launcher.
Prashant, our cmo holds full stack blockchain marketing expertise and has previously worked with tier a blockchain marketing firms. I addition to this we have Alex, head of operations who has previously worked with tezos eos and Clv. And a sweet team of 15 professional blockchain developers.
This makes our team a strong foundation and along with this the backing of 50 plus VC’s and great support from harmony, this project is bound to touch the sky.
Ankit kalra || Harmony Launcher
I’m Ankit Co-founder of Harmony Launcher. I started as an Engineer a few years ago. I have worked with numerous tech companies and got into blockchain & crypto in 2017. I started my journey arbitraging crypto market by buying bitcoin and Ethereum in 2017 and then went on to study software management systems , play to earn games and various protocols. I have 5 years experience in building blockchain products . I have now built a platform that helps people to build and launch crypto projects, and I am really excited to have everyone be part of it.
And recently got featured in US today!
Bilo I Crypto Society
Excellent. Thanks for the intro and insight into your impressive backgrounds.
Bilo I Crypto Society
Can you tell us about why you thought Harmony Launcher needed to be built and what problem it solves? And How Harmony Launcher started?
Harshad Wagh || Harmony Launcher
Let us familiarise the community regarding our project Harmony Launcher:
Harmony Launcher is the world’s first decentralized IGO + IDO Launchpad & Incubator with an integrated AMM DEX built on the harmony Blockchain. As a Launchpad and Incubator, Harmony launcher’s primary focus would be on incubating and providing all the fundamental & substantial grounds for start-ups and projects based on the harmony network to Nourish Build, Raise Funds & Launch successfully in a hassle-free and safe way.
Bilo I Crypto Society
Nice! For those who are not aware, an IGO is an initial game offering.
How would you describe Harmony Launcher if you were talking to someone unfamiliar with digital assets?
Harshad Wagh || Harmony Launcher
As mentioned, I found that there was lack of a strong foundational Launchpad on harmony and the potential harmony blockchain holds to scale up as an emerging ecosystem.
The Basic concept of a Launchpad is to provide a platform for promising projects to raise funds. Regarding this we have strict criteria needed to launch a project on $HARL?
- Project vetting and negotiation
- Liquidity provision of particular ASSET
- Liquidity provision This will be provided by the Treasury — IDO announcement and marketing
HARMONY LAUNCHER with its very unique and pioneering system and strategy offers its Launchpad being the first & dynamic launchpad with Cross-chain, Swap & Passive income streams features on the Harmony Chain.
Apart from being the pioneer launchpad station on harmony blockchain, we have garnered interest of various famous high profile investors, techno savvy famous personalities from crypto sphere and managed to onboard a great team of advisors and partnered with various projects.
The Long Term revenue model is to provide incubation to various most promising high yield projects and provide the necessary infrastructure to grow and earn a share from the profits.
A great man said,
“If you do not find a way to make money while you sleep, you will work until you die.”
Our passive income streams include but not limited to: Yield Farming, Staking, lottery, playing games to win cryptocurrencies freely, trading and earning and lots more.
Harshad Wagh || Harmony Launcher
So all in all Harmony Launcher is the platform built with respect to provide all the features of blockchain and is already future proof.
Bilo I Crypto Society
Could you share with us the high profile investors and famous personalities?
Harshad Wagh || Harmony Launcher
Sure. Lots of Organisations and investing firms have onboarded Harmony Launcher’s Vision towards incubating, nourishing and launching projects on the @harmonyprotocol Blockchain by contributing their Network Platform, Valuable Resources & Level of Expertise.
We have raised 1.7 mil ~ at an valuation of 12 mil in our private rounds and aim to raise additional 240k in public sale via hosting triple ido on genesis shard firestarter and our own platform
This makes our team a strong foundation and along with this the backing of 50 plus VC’s and great support from harmony this project is bound to touch the sky.
We are raising funds publicly via triple ido and we are planning to launch on cex TBA.
Read more :-
We concluded our private sale in November 2021 and we ran oversubscribed in 2 weeks.
Our strategic advisor & investors include :-
Cathy Zhu China head Casper labs
Waleed Rasuli md tezos
Nikolus kost ex harmony
Yuen Wong ceo of labs group
Lary shi founder basic capital
Jef & Justin Maven capital
Demelza director cointelgraph
Evan Luthra Advisor and angel investor
Yash ceo of acknoledger
Bilo I Crypto Society
Scanning through this really quick, it’s quite impressive. Congratulations on such great backing!
As a launchpad, what process will you have to vet the projects you launch? Can you describe this in some detail?
Harshad Wagh || Harmony Launcher
Apart from KYC, We would be checking the team behind, the motto, the use case and also the liquidity provision. Along with this the lock in period and some TnC’s in order to secure the funds investors would invest in them. We have built a robust system which also ensures that the funds are safe while at the same time the value that the project would bring to the blockchain community as a whole.
Bilo I Crypto Society
Thanks — How do you propose to eliminate the unfair allocation accessibility issues that most face in this space? I know you have something already worked out. Please share your strategy with us
Harshad Wagh || Harmony Launcher
Apart from KYC of each user, we have allocations given with a limit in place; hence everyone will get a fair share of a chance to apply, and also the whitelisting and KYC follows, making it difficult for bots to get into the sale.
We also have certain allocations for users who win competitions and quizzes, so we will take all measures for a fair and equal launch.
People holding certain uqique NFT Cards will be eligible for special allocations in the projects hosted on our pad. We have gathered all options to choose from for the users so that they get a chance to invest in the projects.
Bilo I Crypto Society
What is the Harmony Launcher token used for? Can you describe the Tokenomics?
Harshad Wagh || Harmony Launcher
The utility token of Harmony Launcher will be used for tier allocations to get into presales, public sales etc.
Although $HARL is a launchpad utility token.
Basic utility including
1. Yield Farming ( Users stakes $HARL tokens to earn other coins)
2. Staking: you stake or lock your $HARL coin and earn more $HARL tokens
3. Earnings from liquidity pool.(Add to liquidity pool & earn/share trading fees.
4. Lottery. You buy tickets with $HARL tokens and win amazing prizes.
5. Play games to earn Cryptocurrencies. Other projects donate coins to our pool to gain a larger community as people adopt their tokens. Our users play games freely and receive those tokens.
Other than staking and farming and project allotments. the utility of HARL will be beneficial in acquiring premium range of NFT cards, and likewise.
We also plan to use that token in metaverse as mode of currency especially for the harmony metaverse projects and gaming alike.
Bilo I Crypto Society
NFT’s 👀
I mean all of it is impressive but NFT’s…Tell me more…
Harshad Wagh || Harmony Launcher
Tokenomics part you may check here.
Harshad Wagh || Harmony Launcher
Yes we already have a few NFT cards sold within 45 seconds in partnership with Genesis Shards.
Wait for the announcement regarding our future NFT plans 😉
Bilo I Crypto Society
Where is mine ser? 😥
Harshad Wagh || Harmony Launcher
No worries, get into HARL Ecosystem you will get many chances to jump onto our special NFT cards
Bilo I Crypto Society
From your website “Harmony Incubator platform would make sure all the funds start-ups raise would be stored in a secure escrow guarded by a custodian contract”. This is a great initiative. Can you tell us how the process works and how disbursements and amounts to the projects you incubate are managed and decided upon?
Harshad Wagh || Harmony Launcher
Certain percentage from each project sale is attributed into this. The process is internal and depends upon the value of the project. Also we have setup insurance in order to protect the investments of users and our backers.
We have setup special incubation funds in partnership with genesis shards rebaked and many other investors.
Bilo I Crypto Society
With so many launchpads and Dex’s out there, kindly describe how you see Harmony Launcher’s unique added value that differentiates you from others.
Harshad Wagh || Harmony Launcher
At HARL Launchpad we are not here to just make up the numbers in the space, NO. We are here to set new standards and also make a difference. So, we are not one of those “make up the numbers” project.
While we must acknowledge and commend existing projects that are genuine and has help advance the cause of Crypto, we must also accept the rather sorry fact that so many Projects and Project Teams are doing more harm than good to the space. Rug pulls, lack of transparency and so many other vices.
$HARL is here to change all those negative narratives for the good of all.
As we have been affirming to our community members and all who cares to listen that at Harmony Launcher “We Believe Crypto Currency Can Be A Tool For Economic Empowerment If And When Properly Administered With Fairness & Integrity… And that is what we aim to achieve.”
Few of our unique features include:
We being the premier launchpad on Harmony Chain, Backing from some famous investors in blockchain industry, our incubation system, Insurance system, Metaverse and gaming, cross chain interoperability makes us unique.
Secondly, the services we are going to provide right from incubation to advisory to guidance for the projects that will approach us apart from the monetary funding’s.
Third, being the AMA DEX we are on the path to develop a whole self-sustainable eco-system for the Harmony chain which in itself is a very distinctive advantage for our project.
Our self-sustaining ecosystem itself makes us one of its kind and also our main motto is quality over quantity.
Bilo I Crypto Society
Thank you. Appreciate the spirit and clarity of your response
Tell us about your AMM DEX. Aside from the projects you launch, should we expect to see other swaps, LP, staking, Farming etc…?
Harshad Wagh || Harmony Launcher
Yes we do have these features on our launchpad namely:
1. Yield Farming ( Users stakes $HARL tokens to earn other coins).
2. Staking: you stake or lock your $HARL coin and earn more $HARL tokens.
3. Earnings from liquidity pool.(Add to liquidity pool & earn/share trading fees.
4. Lottery. You buy tickets with $HARL tokens and win amazing prizes.
5. Play games to earn Cryptocurrencies. Other projects donate coins to our pool to gain a larger community as people adopt their tokens. Our users play games freely and receive those tokens.
The utility of HARL will also be beneficial in acquiring premium range of NFT cards, and likewise.
We also plan to use that token in metaverse as mode of currency especially for the harmony metaverse projects and gaming alike.
Bilo I Crypto Society
Can you please give an overview of your governance protocol, and how it works?
Harshad Wagh || Harmony Launcher
Yes we are community driven and will always hearken to the voice of our community. In immediate Future our plan is to launch DAO Governance Model and make the launchpad a complete Decentralised Platform. More details will be released sooner.
Bilo I Crypto Society
What are you currently working on and can you describe your future roadmap?
Harshad Wagh || Harmony Launcher
In upcoming 3 months
We would wish to acquire the following milestones
-cex listing
-our dex test-net launch
-our dex mainnet launch
-migrate onto our dex completely
-offer really attractive lp reward after dex is live
-incubate at least 5 projects via our network and platform
-shift onto dao structure.
Currently our focus is onto deploying DAO Governance Model.
Bilo I Crypto Society
That is quite a handful to do. From learning about you, I am sure you will accomplish that and more.
If there was one thing you could hope to see Harmony Launcher achieve next year, what would it be?
Harshad Wagh || Harmony Launcher
An exciting cross chain metaverse for sure 😊
Bilo I Crypto Society
Wow — you guys really aim big!!! That would be awesome.
Is there any exclusive breaking news about Harmony Launcher that you could share with us here today?
Harshad Wagh || Harmony Launcher
Work is in progress that I can assure you of.
Both our IDO out of 3 got sold out in flat 45 and 27 seconds respectively. Apart from this, there are various surprises planned every week for the community once our launchpad is live.
Bilo I Crypto Society
Nice!!! Looking forward to the surprises.
Do you wish to let us know anything else that was not covered in the questions above?
Harshad Wagh || Harmony Launcher
I think we covered most of the things as of now. Thank you.
Bilo I Crypto Society
Thank you for your time in answering our questions here today. We are all very appreciative of your time and of the answers you have provided.
Harshad Wagh || Harmony Launcher
Thank you for interactive session and do join our channels.
Relevant Links:
HL Website: https://harmonylauncher.io/
HL Telegram: https://t.me/harmonylauncher
HL Twitter: https://twitter.com/harmonylauncher
Crypto Society Chat: https://t.me/cryptosocietyy
Crypto Society Announcements: https://t.me/CryptoSocietyyy
Crypto Society Twitter : https://twitter.com/cryptosocietytg
