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Quadratic Accelerator Launches on Polygon zkEVM

Quadratic Accelerator Launches on Polygon zkEVM

AltcoinbuzzAltcoinbuzz2024/12/13 21:22
By:By Victor -Victor -

On December 6, 2024, Quadratic Accelerator (q/acc) officially launched on Polygon zkEVM, bringing a new era of fair and sustainable token economies.

This innovative protocol changes how tokens are created. It focuses on long-term growth and community support instead of short-term speculation.

Quadratic Accelerator (q/acc) uses Augmented Bonding Curves (ABC) and Quadratic Funding (QF) to make token launches fairer and more resilient. The launches are built on real value rather than quick profits.

Quadratic Accelerator Promotes Fair Token Launches with Equal Participation

Unlike traditional token launches that often reward big investors, q/acc helps smaller investors by capping how much each person can contribute. This helps prevent “whale” influence and encourages genuine community involvement. With the help of identity tools like Privado zkID and Passport XYZ , q/acc makes sure that everyone has an equal chance to participate. Plus, it rewards those who stick around for the long haul, creating a more stable foundation for new projects.

The first q/acc Round is officially LIVE! 🎉

Eight projects.

One protocol.

A chance for you to gain early access to community-driven token economies on @0xPolygon zkEVM from the start, with a 250k matching pool that amplifies your support!

Join here: https://t.co/nuzUBorOim pic.twitter.com/eT20ITAsFh

— Quadratic Accelerator (@theqacc) December 6, 2024

Griff Green, co-founder of Giveth and a key mind behind q/acc, explains that they’ve supercharged the quadratic funding model. This approach benefits everyone: communities get a stake in early-stage projects, founders can launch tokens with ease, and ecosystems grow with more utility and value. One of the standout projects from q/acc’s first round, x23 , is building AI tools for better on-chain governance, showing just how powerful this new model can be.

q/acc’s First Round: Fair Token Launches with Strong Support

The first round of q/acc runs from December 6-20, and it has already sparked interest from more than 200 applicants. Out of these, only eight high-quality projects were chosen to participate. By ensuring a price floor that’s higher than the minting cost, q/acc guarantees that the tokens launched will hold value even as they enter the open market. Here is an example:

A skill-based game that’s open source & grounded in Star Wars lore 👩‍🚀👀 @AncientBeast has built a dedicated community of gamers & is reimagining how blockchain can enhance their experience 🕹️

The $BEAST token economy is now launching on q/acc.

Full details 🧵👇 pic.twitter.com/wwlosUglFE

— Quadratic Accelerator (@theqacc) December 11, 2024

q/acc’s features include community-led funding, guaranteed liquidity, and anti-rug pull mechanisms. They reward long-term supporters. With Polygon’s backing and support from Commons Stack, General Magic, and Inverter Network, q/acc is setting the stage for a future. Here, token economies thrive based on fairness and sustainability.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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