Labda is a platform that connects researchers with individuals interested in funding scientific projects.
Researchers can post their work and supporters can fund these projects through Research Points, which are tied to a value.
Find more information on: https://t.co/gotMmcZYuq
Despite market conditions, our development team has kept working, therefore we're ready to announce our finalized product, which can be found at: https://t.co/qde4zdKYLa
Indicate the amount of work required by projects using 'Research Points, choose your funding goal & Create!
#LABDA
Our AI generative text is now live!
Given a project description, users can ask an standard AI agent/model to generate an enhanced description of the project.
The text seen on-screen is just an example.
We will be releasing the medium in the following hours.
We also have a big announcement about upcoming updates, which is going to be done early on Sunday.
We will be releasing a medium explaining the functionality of our now-live utility for this Friday's evening!
Even though the situation on ETH volume-wise looks rough, generally speaking, for every coin, we're still working out plans & slowly increasing our floor through buys & burns, some of which are even done from pocket.
$LAB has come here to frontrun the Desci narrative. We want to be the main marketplace for projects.
In order to show our commitment to the longer term of #LABDA, we've burned 2% of supply bought from project's funds!
This means, not airdropped or generated. This is money spent.
You can see the transaction here: https://t.co/gLpRC7hdJo
We've also been doing daily buybacks of up to 1ETH each.
The $LAB journey is only getting started.
We've talked with our main developer, thus we have the following infomation regarding our project.
List of functionalities:
— Create project: Users will be able to create a project which can be funded by others, on the platform.
— Fund projects: Users will be able to fund someone else's project on the platform.
— Stake lab: Users will be able to stake for a pre-determined APY at the moment of stake, which will vary weekly depending on demand, with an initial basis which never gets violated.
Safety concerns:
— Staking contract could be vulnerable, however, we will solve this by having an audit on it. The audit will come before our platform is live, so, consider this solved.
— Our internal blockchain making a mistake (read/write database corruption). While there's no audit for this, it's reversible, since we have total control over it, while it's powered by those who stake. This is a concern in terms of operations, but there's no risk of fund loss.
Furthermore, we consider our tech team good enough to not encounter many of these issues.
We are currently working on another big partnership and have onboarded some people to work along the team in terms of marketing & engagement.
Besides, tomorrow there will be a meeting between the Technical Lead and the 3 developers, in which we will determine the following (which is going to be posted here):
— Full scope of the MVP
— Detailed list of functionalities and features available on-launch for our product
— Safety concerns (if any, should be none)
— Mainnet release (if any. He said we might have a testnet version beforehand, however, this was not a final answer).
We're being open to you in each step of the progress.
We've also found a way to implement #AI into our platform, since we understand it carries on a strong narrative in the space & outside it too.
Pay attention tomorrow since these news are to drop. We believe #LABDA is a gamechanger — and we hope you do too!
The scientific incubation marketplace, $LAB.
The #LABDA team is now working on an audit for our staking dapp, which is centered around an ERC20 contract.
We're also working with a company to KYC ourselves (privateley), which will grant extra security for holders.
We will provide more updates on a daily basis of our steps — As of now, the progress of the dapp's functionality is at around half completion, meaning we can expect a fully working MVP by Monday next week.
Our team is working on the backend of our dapp, which consists of a staking contract with defined APY.
The frontend will work with wallet connections, and users will have access to all the functions, meanwhile staking will only be allowed in #LABDA tokens, therefore to earn rewards from our platform, you must hold $LAB.
This contract will also be audited by a reputable company, to ensure everyones safety.
Today has been a great day for #LABDA.
While there was a rough start due to Trump's token, we've delivered everything to-date.
The dapp developer will soon be providing an ETA for the platform's release.
It's also important to note that we've been directly supporting the chart through the use of buybacks, which we plan of doing many more of.
Some, not all, of these, can be easily tracked from our marketingwallet. Some of them are also done from our pockets.
Here are some of the transactions, which are available to the public since it's on-chain:
https://t.co/FA9NFuB54y
https://t.co/zL5KZ43QFP
https://t.co/L2sQ2q1GVQ
The total amount including some more is 4ETH, all within the last 72h.
We've also been posted by one of the bigger-sized crypto TikTok influencers, at: https://t.co/V69aD7RkG6
This is the new sneak peek of our product!
You can see the basic functionality being already implemented.
This is not an animated-design, this is the frontend of our actual dapp, with working code behind it.
We've also been actively doing some things to help the chart, while we understand most of the attention is currently on solana and Trump, we are still working in this weekend.
Furthermore, more tiktokers are coming in hot! The biggest ones are yet to post.
#LABDA, the scientific marketplace.
We've gotten new sneak peeks of our platform, with functionality this time!
They will be posted in 8 hours, with both America and Europe being awake.
It's also important to note that our TikTok marketing campaign has begun:
https://t.co/uKh1tXSBbg
https://t.co/f9dGy8E1ZN
There's many more posts to come from the TikTok platform.
The $LAB token has already been bought out twice on the messier p2p exchange!
This shows that we're getting adoption from all different angles.
Large projects with such listings attract different types of investors, hence we strongly believe that this will be very beneficial to us in the long-term as well.
There's only more eyes coming to us. Stay tuned for the next news drop.
Within 48 hours, we will have news about our Prototype, or as we call it, our MVP (Minimum Viable Product), which is, while great, only the basis of what's to be built by the #LABDA Dev team.
We've planned a Tiktok marketing campaign, which is to start very soon, in the scope of hours to a couple of days.
This is only the start of our organic-focused marketing campaign, which aims to bring adoption to #LABDA from different sources besides just defi-intensive individuals.
Furthermore, in 5 hours we will post some exciting news about our https://t.co/THJXSuJGKc listing usage!
M E S S I E R | P2P Partner
Labda joined us as our latest #P2P partner. They’ve set up a swap pool for $LAB on our P2P Exchange. The token listing enables their holders to buy or sell tokens without slippage, token tax, or MEV losses at: https://t.co/gWbaKVLX0P
@LabdaETH is a decentralized platform dedicated to advancing scientific #research by leveraging #blockchain technology. It aims to create a collaborative environment where researchers can share #data, access resources, and contribute to scientific advancements transparently and securely. By decentralizing the research process, Labda seeks to eliminate traditional barriers, fostering innovation and accelerating discoveries across various scientific disciplines.
We are proud to announce that our token is now available on Messier's P2P platform: https://t.co/o7Dk1W0uNJ
You can now trade $LAB on their innovative platform, which is free from buy and sell token tax, without MEV risks and zero slippage! 💱
With its intuitive and user-friendly interface, their platform attracts new capital to the market, bringing even more opportunities for $LAB.
This marks just one of many steps in #LABDA's journey toward mass adoption.
Our price is now tracked on https://t.co/ya4ODlOnNI, therefore you can also see it in your wallet.
However, yesterday we talked about common questions asked by holders to us.
We're going to address those later, since we've decided to make one post entirely dedicated to explaining the singular most common question out there:
2- How do I benefit as a Funder of a project?
Of course, we do not expect people to randomly fund things 'for the science', 'for research purposes only'. Virtually everyone in the space is here to either sustain or benefit some financial goals — therefore, we'll reveal one of the key points of our product in this answer.
Tokenization.
Tokenization is the future of DeFi as we know it. Do you know what else's getting some of the biggest market adoption? L2s used as chains by companies providing a service.
Sounds hard? That's exactly what we are. Let me explain.
Labda is founding its own chain — while it's not an L2, since we're working on an optimized version of the geth client, it will have a similar functionality & work just like a database, funded by PoS, just like the L1 ETH works, nowadays.
PoS stands for Proof of Stake. Labda holders will be able to stake their tokens and generate revenue while powering the chain.
As a funder, even if you aren't a Labda holder, you can make money by the tokenization of the projects you fund.
While not every project will be tokenized, for those who do care about an on-chain financial incentive, there will be specific categories to determine whether a research project is done with the aims to tokenize the product/solution that comes out of it, or not.
Those who fund these projects will actively become part of them, not just as supporters, but as supply holders of such incubation, option which is available to everyone.
As a Labda holder, even if you don't fund a project, the Labda foundation itself receives a % of every incubated project through us, therefore benefitting you by providing an incentive to our ecosystem, of which, you're a holder, EVEN IF you don't ever stake, or participate in any scientific funding.
Of course, once staking is out, we will encourage holders to stake & actively participate in the platform, however, it's important to note that we're not a narrow-minded team only focusing on long-term stakeholders, but also on the project's cashflow and inherent revenue (which comes from successful incubations).
As a conclusion, our system allows anyone to be part of scientific progress.
While logically giving an edge to holders since they profit off everything that happens in our ecosystem, we also plan to provide a fair, adequate, and immaculate experience to casual users.
- The Team.
We've been listed on coingecko!
You can find more information about this down below, in coingecko's own page: https://t.co/2epBy9NJ9I
We're now working in partnerships with big players in the industry — not just from DeSci, but from multiple sectors as well.
Besides, tomorrow we will make an explanation post about the end-game of our utility, implied as the final incentive for someone to use our product.
We've noticed a few questions about why would funding be useful in any way other than 'for the love of science' — logically we do not expect people to randomly support projects only because of the progress, albeit some will.
Due to the aforementioned, we've written down a small FAQ, to be posted tomorrow, answering these questions.
#LABDA $LAB awaits you.