[25.05 Grants Application] roketto

Grants & Incentives
1

Suggested title: [25.05 Grants Application] roketto
Project Name: roketto

Submission Date: 13.05.2025
Founders Name: Giorgos Karapiperidis, Ahmet Guler
Award Amount: To be determined
Project Stage: Testnet deployed
Sector: LaunchPad/DeFi/IDO

Link to Deck: Pitch deck

Links to socials:
roketto.space
X: @roketto_space
Telegram: @roketto_space

Description:
roketto is a decentralized launchpad enabling users to launch their own tokens and conduct initial token sales without requiring any coding expertise. The platform ensures a safe environment for contributors, implementing rules that aim to protect funds during the sale.

Mission:
Our mission is to make decentralized token launches accessible, secure, and impactful, empowering anyone to raise capital transparently while driving liquidity, growth, and adoption across the Rootstock ecosystem.

Product:
roketto offers two types of sales: presale and fair launch, which share several core features. Both include a soft cap, a minimum funding threshold required for the sale to be considered successful. Upon reaching the soft cap, the pool can be finalized, locking a predefined percentage of the funds and tokens as liquidity for a specified duration. Contributors are eligible to claim their tokens based on their proportional contributions if the sale successfully concludes. If the soft cap is not met, contributors can reclaim their funds in full. Additionally, all sales are time bound, with clearly defined start and end times.

In a presale, the token price is fixed throughout the sale, and a hard cap is imposed. Once the hard cap is reached, no further contributions are accepted, and any additional purchases must wait until the token is launched. This structure offers predictability for both project teams and contributors.

A fair launch, on the other hand, does not involve a fixed price. Instead, the final token price is determined by the total contributions made during the sale. Tokens are distributed proportionally, meaning each participant receives a share of the total tokens available based on the amount they contributed relative to the total contributions. Unlike presales, fair launches do not have a hard cap, allowing contributions to continue until the sale period ends.

roketto provides a versatile and efficient platform for token launches, catering to a wide range of needs and preferences for both creators and participants. By enabling secure and transparent IDOs, it helps grow TVL on the Rootstock network while offering a reliable launchpad for new projects. Each finalized sale injects liquidity into Rootstock-based DEXs, creating synergy with DeFi partners and helping drive trading volume and activity across the ecosystem.

Team:
Giorgos Karapiperidis - Founder, FullStack
Ahmet Guler - Founder, FullStack

Roadmap:
Q2:
- Feedback and FE redesign
Q3:
- Mainnet deployment
- Goto market expansion
Q4:
– Launch referral program
– Integrate analytics for usage insights

3 Likes
2

Hey roketto team,

It’s great to see an application for a launchpad project within the Rootstock ecosystem, as we’ve seen how well-designed launchpads can be very valuable for fostering growth and liquidity.

Based on lessons learned from the broader crypto space, we have some questions and areas we’d like to understand better to ensure a secure but also fair and sustainable environment for users and projects:

  • Will you have a vetting process for projects and/or how do you plan to mitigate the risk of rug pulls or fraudulent projects gaining traction?
  • Do you have any thoughts on fair allocations and preventing issues like botting or whale dominance?
  • Beyond the initial raise, any plans for ensuring sustainable liquidity for launched tokens?
  • While a launchpad is a strong starting point, do you have a longer-term vision for roketto’s evolution within the Rootstock DeFi ecosystem?

One project that we think is worth looking into is Raydium’s launchpad on Solana, which offers creators more control and flexibility over their token launches (customisable bonding curves and fine-tuning fees etc) while clearly emphasising a more “structured” approach contra Pump.fun’s one-click approach. Something worth considering.

Thanks again and look forward to your response!

2 Likes
3

@Avantgarde Thank you for reaching out and for your insightful questions regarding roketto. We share your view on the critical role well-designed launchpads play in fostering growth and liquidity within the ecosystem.

Based on the lessons learned from the broader crypto space, we have put significant thought into the areas you highlighted to ensure a secure, fair, and sustainable environment for all participants:

• Project Vetting and Risk Mitigation: Regarding project vetting and risk mitigation, our platform will implement a robust moderation process. Admins will actively monitor listed projects and have the authority to cancel fundraising pools if fraudulent activities are detected during the presale phase. In such cases, all contributed funds will be fully refundable to contributors, providing a safeguard against potential rug pulls and fraudulent schemes.

• Fair Allocations and Preventing Dominance: To address concerns about fair allocations, botting, and whale dominance, presales on roketto will feature customizable minimum and maximum contribution amounts per wallet. This allows project owners to set parameters that promote wider distribution among participants and prevent a single large wallet from acquiring an overly dominant share of the total supply, fostering more equitable participation.

• Ensuring Sustainable Liquidity: Ensuring sustainable liquidity beyond the initial raise is a key consideration. A predetermined share of the funds raised during the presale will be automatically added to the liquidity pool upon successful completion. Furthermore, the resulting LP tokens will be securely locked within our platform’s locker for a duration specified by the project during the presale creation, aligning project incentives with long-term liquidity provision.

• Long-Term Vision for roketto: Looking at roketto’s longer-term evolution within the Rootstock DeFi ecosystem, our vision extends beyond being solely a launchpad. We aim to develop roketto into a comprehensive, all-in-one platform for various token management needs, including fair launches, airdropping mechanisms, and potentially other token lifecycle tools. This broader scope is why we see ourselves as different from platforms primarily focused on specific launch mechanics or highly customizable bonding curves like Raydium or Pump.fun; our focus is on providing a more complete suite of token management products for projects on Rootstock.

We appreciate you bringing up Raydium as an example; while it has interesting features, our strategic direction is towards building a more holistic ecosystem for token management.

We look forward to further discussions and building a secure, fair, and sustainable environment for both projects and users on Rootstock.

4

Hey everyone,

Thanks so much for all your valuable feedback!
We’ve consolidated everything and are excited to share our initial funding plan.

Wave 1 - Getting Started & Brand Establishment

This wave is about laying a strong foundation.

  • :white_check_mark: Testnet Deployment: Project’s been running smoothly on testnet for a month, we keep monitoring it.

  • :hourglass_done: Fair Launch Functionality: We’re integrating the fair launch (FE integration missing) — a key feature of the platform.

  • :hourglass_not_done: Brand Establishment: Funds will go towards building a strong graphic branding (logos/coloring).

Initial funding needed for Wave 1: $15,000 (in RBTC)

Wave 2 - Ship It & Production Ready

Time to get everything ready for the big launch!

  • Mainnet Deployment: Our goal is a robust product ready for mainnet.

  • Contracts Audit: We’ll get contracts audited by established auditors for safety.

  • More to Come!: Expect updates based on community feedback.

Initial funding needed for Wave 2: $25,000 (in RBTC)

The steps will be followed as expected based on the initial roadmap.
Waves will be rolled out through on-chain proposals, so you’ll have a say in every step!

5

Thanks for putting this together, it’s clear a lot of work has gone in. A launchpad like this could really help Rootstock grow if implemented well. That said, since this is now live for voting and we have 6 days to decide, I’d love to clarify a few things before finalizing my vote:

– Sustainability: Will Roketto have its own token or revenue stream? Curious how the project stays alive after the grant.
– Audit timing: Wave 2 includes the audit, but funding starts in Wave 1. Any details on the audit provider or budget planning?
– Admin powers: How are decisions made around cancelling pools? Would be good to understand the checks in place.
– Wave 1 budget: $15K seems reasonable, but a breakdown (branding vs dev time) would help build more confidence.
– Go-to-market: Any projects lined up already? What’s your strategy for adoption?

Looking forward to your answers.

1 Like
6

Hey @Kaf_StableLab !

Thanks for your insightful thoughts. Regarding your points:
– Sustainability: We charge a fee for pool creation and tax on successful pools, so as long as we have traffic, we have revenue.
– Audit timing: Audits will be really expensive considering our smart contract codebase, and we still believe that contracts can be improved internally in the meantime until wave 2 funding.
– Admin powers: The team personally checks and verifies project legitimacy before deciding to take any canceling actions. It’s a last line of defense against projects that are clearly fraudulent.
– Wave 1 budget: We are currently looking into spending a portion of the money on brand assets (logos/banners/graphic materials) so that we can bring more value to the product itself, building trust for new customers. Dev time is approximately until the end of Q3, implementing a clearly aligned and professionally looking branding, with a ready-to-ship mainnet release.
– Go-to-market: Currently, no, we are focusing on building and solidifying our project before being able to attract customers. But we would love to see some insights from the community, as this would also be a key benefit for bringing more people into the Rootstock ecosystem.

Let me know of any thoughts of yours!

1 Like