Press Release
Your Open Metaverse (YOM) becomes the most oversubscribed Launchpool pre-IDO with over $18 million staked.
December set new records and another major milestone for Your Open Metaverse ($YOM) and Launchpool.
The Launchpool Pre-IDO was another massive achievement for Your Open Metaverse following their 4x oversubscribed strategic round in October. YOM consistently hit significant milestones in Q4 2021, with all objectives on their roadmap successfully achieved. Managing to break the previous Launchpool Staking Record by a significant margin was another very encouraging achievement.
Over 7000 wallets participated and $18 million in $LPOOL tokens were staked to access the $350k $YOM token strategic allocation. The equivalent of a 51-to-1 oversubscription. $YOM token has now become the highest oversubscribed token on the platform.
Your Open Metaverse also finalized their first official Partnership with Zeloo sports management, their first preferred sales agency focused on sports and entertainment. This adds Zeloo to a long list of expert partners and VC backers including; Solar Eco Fund, Alphabit, Blockraise, Andromeda Capital, Chateau Crypto, Brotherhood, Stakez Capital, Centauri Digital Asset Group, Ex Network, Lucid Blue Ventures and Cryptobieb.
YOM enables artists, developers, and businesses to co-create an open metaverse that belongs to you. Visit live performances in dynamic virtual worlds with your friends and collect exclusive branded wearables. Create your own metaspaces and experiences in Unreal Engine and publish these live to any website or channel. Mint your 3D assets as NFTs and airdrop them in your metaspace as part of a virtual auction or giveaway.
Currently $YOM is aiming to complete the Token Generation and Initial Dex Offering (IDO) in Q1.
“Considering current developments in the Metaverse and NFT Space, having a solid partner like Launchpool to confirm the validity of our project and interest from the market was essential. Launchpool helped us establish our project, in terms of wallets but also in terms of community awareness. It has convinced us even more of the value and need for what we are doing” explained Alex van der Baan, Co-Founder of YOM.
Launchpool leverages communities, knowledge, expertise, contacts, and capital to provide crypto projects with the best possible start to life, maximizing their chances for success in this fast-moving and dynamic space. Launchpool’s three-pool structure ensures whales don’t take all the allocation, supporting true decentralization, so the platform is a great match for YOM.
Launchpool Co-Founder and CEO Richard Simpson commented:
“We were really impressed with the YOM product and thought they would be a great fit for our community. We were very excited to offer $350k of $YOM allocation to Launchpool users on launchpool.xyz and were happy to see that it was incredibly well received. We look forward to continuing to support the YOM team as they develop.”
For those wishing to keep up-to-date on future developments, YOM core contributors advise following their Twitter or Telegram community.
