Yield App was a trusted platform for over 105,000 loyal customers, including thousands of high net-worth crypto holders with a combined net worth of $20+ billion in crypto assets. The Yield App’s launchpad was launched in March, 2024. It involved Yield App’s active user base to help new projects build strong early communities, beta test their products, and bring a passionate crypto community to bootstrap their ecosystems. This made Yield App’s Angel Launchpad attractive for projects and VCs who wanted to get exposure to the platform’s strong and growing community.
On June 28, 2024, the Yield app ceased its operations, citing losses from FTX exposure.
Yield App Angel Launchpad was designed to bring investors exclusive early access to early-stage crypto projects before they launch. The launchpad aimed at bringing investment opportunities that span the latest trends and was created by leading entrepreneurs before they reached the mainstream. The platform offered a number of benefits for users, including a proven track record of closed IDOs, due diligence, and exclusive early access to carefully vetted projects.
Yield App has introduced Angel Status to allow the loyal community to have preferred access to secure an allocation alongside the top VC funds in crypto. Unlike many launchpads, the Yield App Angel Launchpad prioritizes earlier-stage projects with a total allocation size ranging from $300,000 to $3 million.
Yield App Launchpad would be exclusively available to Gold and Diamond tier members and those with the newly introduced Angel status.
💡 How did the Angel Launchpad work?
✅ The benefits of Angel status (Previously Diamond+)
Alongside Angel Launchpad, Yield App has introduced a dedicated membership status – Angel. You can become Angel Status by staking 100,000+ $YLD. This evolution of Diamond+ empowers you with benefits:
Angel status perks also include all the benefits of Diamond tier, including top rates on all products.
Lifetime Angel status: You will soon be able to gain permanent Angel status with a one-time fee of 50,000 $YLD. This exclusive offer unlocks a lifetime of Angel benefits except earning H1 rewards (to continue earning H1 rewards you must have $YLD staked in your account).
Yield App Angel Launchpad has already incubated the Haven1 project. Also, it has raised $600k for some promising projects such as Raiinmaker and ME3.
For more information about the launchpad, discover the official website of the platform.