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Story: Maiar Launchpad Big Success For The Most Ambitious Startups From Elrond (EGLD)

By Maheen Hernandez

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Beniamin Mincu Implied: The purpose of Maiar Launchpad is tied to a few goals. They are trying to support teams which are solving hard problems that will lead to a global impact.

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The Maiar Launchpad will be suitable for ambitious startups. Ambitious startups are looking to build passionate communities, raise needed funds, and get valuable feedback toward…

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While working with startups distilled insights from builders and developers come up at different phases of the work.

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Holoride, has a strong team providing for a “Metaverse for the transportation industry”, backed by “AudiOfficial” and several major automakers.

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This alone is phenomenal. As one can expect, once the product goes live, it will immediately make the other car makers wonder, where's our integration?

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RIDE at a ~330M mcap, roughly ~40x from lottery price, with 70,000+ holders, and just starting to expand to more audiences. It's still early.

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Success brings insane demand. So, the Maiar launchpad is a big success for the most ambitious startups.

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When the future is exciting, and compelling, there's a lot of demand for it. Many, many people want to participate in exciting startup projects.

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Well, one way perhaps, would be to raise more money, and let all people in. But there's a set of tricky, counter-intuitive problems that come with that.

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First, raising too much money can easily kill startups. Differently than you'd think.

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Too much money, too soon, can breed complacency, and distraction. Next thing, instead of building a product, hunger is lost and you get distracted prematurely optimizing new…

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Second, raising too much money, too soon, can kill the upside shared with the community and investors. Giving you a much smaller, perhaps insignificant, lever to play with.

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Hyperfocus is by far the most important weapon of a startup. Similarly, upside shared with the community is the ultimate leverage and alignment force.

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Well, productive constraints. Perhaps the best way we've found (until now) to secure needed funds, maintain hyperfocus with the startups, while opening a unique and high upside…

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