The theme in brief: Use Plenty of existing smart contracts and scripts, and build hacks which will improve the value of Plenty/xPlenty by bringing more transactions to PlentyDeFi.

Any idea that fits into the theme can be picked up. Following are the problem statements

1. Plenty IDO Launchpad

Build a launchpad suitable for both technical and non-technical project founders, that will allow communities and projects access to all the options they need for a secure and successful deployment to the Plenty exchange.

What is a launchpad

Crypto launchpads, often referred to as IDO platforms, are platforms for launching new tokens, crypto projects, and raising liquidity.

An IDO is a platform for crowdfunding for any new project launched on a decentralized exchange platform using cryptocurrency or tokens.

Why is it good for Plenty

Plenty has an AMM, where users can trade multiple tokens. In order to give users better experience and more options to trade, two things are required:

  1. Good projects having their tokens listed on Plenty
  2. Good amount of liquidity

With these two, Plenty users can greatly benefit from vast range of tokens being traded on Plenty, with lowest slippage.

Different sections of an IDO Launchpad

Reference for implementation: https://docs.polkastarter.com/02.-polkastarter-technology/mvp-core-features