CreatorBid has launched Launchpad V2, introducing the "Curate with BID" mechanism to decentralize the screening of projects for listing. This new system allows community members to vote on projects by locking BIDs, with a minimum of 2 million BID votes required for a project to be listed. Votes are based on locked amounts rather than actual BID expenditures. The locked BID level influences allocation weight in fixed price sales, with high-level users prioritized. Additionally, 50% of tokens will be distributed through the CreatorBid Conviction Vault, while 12.5% will be used for liquidity on the Base or BNB chain.
The initiative also includes the Jeet Score mechanism to monitor short-term behaviors, affecting BID levels through score reduction rather than direct penalties. CreatorBid plans to introduce further incentives, social points systems, and ecological collaborations in June to enhance user engagement and reputation building.
CreatorBid Unveils Launchpad V2 with Decentralized Project Screening
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