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Lympid AMA Recap: Post-IDO Growth, Partnerships, and Future Plans
We recently hosted an insightful AMA with Andre, Co-Founder of Lympid, a project that successfully launched through Polkastarter. We explored Lympidâs journey after its IDO, key milestones, and plans. Hereâs everything you need to know from the conversation.
Check out our pre-recorded AMA session: here.
Lympidâs Journey Post-IDO
Since its IDO, it has been an eventful month for Lympid, with the market experiencing some of its highest volatility. Despite this, the project has seen massive growth, expanding its global reach and unlocking new investment opportunities.
The IDO gave Lympid incredible awareness, leading to thousands of new registrations worldwide. This surge in traction has enabled the platform to open investments in real-world assets (RWAs) to users globallyâa significant milestone for the project.
Engagement with the Polkastarter Community
Andre highlighted how the Polkastarter community was crucial to Lympidâs success. The projectâs IDO sold out in just two seconds, demonstrating investors' strong interest and confidence. The feedback received from Polkastarter participants has helped refine and enhance the platform.
Key Growth Metrics Since the IDO
Lympid has witnessed remarkable growth in multiple areas:
- User Base: A 40% increase in registered users in just over a month.
- Asset Investments: The entire allocation for Fine Italian Wines was sold out, and Lympidâs competition horse investment reached 80% of its $1.2 million value.
- New Listings: The platform introduced a masterpiece from a major contemporary artist and is about to launch a rare 911 (996) GT3 RS Porsche.
- Expanding RWAs: Lympid secured the first-ever tokenized property in Greenlandâan achievement that has gained significant community interest.
- Partnerships: Collaborations with Plume Network for scaling RWAs, Chainlink, and multiple other projects, including xSwap, RWAInc, Interport, Transporter, and Ledgity Yield.
Future Growth and Community Engagement
Lympidâs strategy for continued growth is simple but effectiveâdeliver an outstanding product that provides both satisfaction and value.
A key example is the last competition horse investment, which provided excitement and an astonishing 70% return in just four months. The team remains highly active in engaging with the community, answering questions daily in Telegram, and ensuring that trust remains a core part of their success.
Lympidâs Vision in the Broader RWA Ecosystem
Despite its early stage, Lympid already boasts thousands of users and tens of millions in total transaction volume. The project is set to maintain its rapid growth strategy, focusing on faster asset listings, increased TradFi integration, and onboarding institutional clients.
One of the most significant upcoming milestones is opening the platform globally much sooner than expected. Additionally, Lympid is working on a more decentralized platform experience, though details are still under wraps.
Advice for New Projects Looking to Launch on Polkastarter
Andre shared a crucial takeaway:
Deliver an incredible product that people want; your community will drive your growth.
The AMA was an excellent opportunity to discuss Lympidâs impressive journey, rapid growth, and future ambitions. A huge thanks to Andre and all the participants for an engaging discussion.
Stay tuned for more AMAs and updates from Polkastarter. See you next time!
About Polkastarter
Polkastarter is a fully decentralized protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets. With Polkastarter, decentralized projects can raise awareness, build a loyal community, and receive long-term support.
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