How Instaraise Is Empowering Tezos Startup Culture with Their Decentralised Incubation and Fundraising Platform
Every blockchain ecosystem tapping into the prospect of decentralized finance needs to offer sufficient liquidity. Sourcing that liquidity can be tricky, although the proper infrastructure is under development through Instaraise. Moreover, new projects on the Tezos blockchain will be able to tap into advanced fundraising and incubation solutions.Â
An Ongoing Evolution Of Services
Tezos is, for all intents and purposes, a highly energy-efficient blockchain. It can provide very low transaction fees, a high throughput, and virtually no carbon footprint. The network is very different from proof-of-work blockchains like Bitcoin and Ethereum. Developers and companies have begun taking notice of the benefits that Tezos can provide. However, as more projects launch on this blockchain, a growing liquidity-related issue needs to be resolved.Â
In the current form, the Tezos blockchain lacks a few elements for new projects. For example, there is no Initial DEX Offering (IDO) platform, making it more complicated for new projects to raise funds. Moreover, there is no way to ensure liquidity locking autonomously, creating another pain point for projects that want a presale. Although not every presale will become a rug pull or other scam, it is best to avoid any potential issues ahead of time.Â
Without the correct infrastructure, the Tezos blockchain may always lag behind other ecosystems in this regard. However, it appears the Instaraise team aims to provide solutions to address these shortcomings. After successfully completing a presale within 90 minutes and raising $1 million, there is a clear demand for services like these. In addition, the project can make the Tezos blockchain more appealing to new projects and companies looking for a decentralized solution to raise capital.
Fueling DeFi Development On Tezos
One of the reasons to build new fundraising solutions is due to the growing development of DeFi projects on Tezos. The low gas fees of this blockchain make decentralized finance more appealing, as no one wants to spend their earnings on covering transaction fees. As a result, Tezos is gaining traction in DeFi development. As every new project has a native token, facilitating the presale to raise capital becomes essential.Â
However, there also needs to be protection from potential rug pulls. Fans of decentralized finance will know that rug pulls are a very big risk in this industry. While other blockchains provide solutions for teams to lock liquidity and commit long-term, Tezos does not offer that functionality. Instaraise has a solution for this problem, ensuring investors are exposed to less risk.Â
Presales are an essential part of the cryptocurrency space, yet they impose some risk factors. Although it is impossible to null all risks through technology, it is crucial to take necessary precautions. The toolset by Instaraise covers many critical aspects of the Tezos ecosystem, making fundraising a lot more straightforward. Additionally, there is the incubation angle to help projects past the fundraising stage and focus on development.Â
Closing Thoughts
Competition among blockchain ecosystems will prove beneficial to all cryptocurrency enthusiasts. There are many opportunities to explore where decentralized finance is concerned, although efficiency isn’t always easy to come by across proof-of-work blockchains. Tezos, with its more efficient nature and far lower carbon footprint, can be a viable addition to the broader decentralized finance industry.Â
Moreover, it is intriguing to see a project bring the necessary infrastructure to Tezos. Even though the network is popular among developers, the lack of an IDO solution and rug pull protection has been a hindrance. Resolving such matters brings more legitimacy to this ecosystem and its ongoing push into decentralized finance.