Avalaunch is designed to remove the pain points of the current fundraising landscape. Conceived with an investor-forward framework, the protocol’s goal is to remove the confusion, cost, and volatility of other platforms. They want to inform and empower investors to participate in sales with confidence.

Avalaunch will be airdropping a total of 2,000,000 XAVA to AVAX validators and delegators. The snapshot was taken on May 3rd, 2021, at 12:00 p.m. PST in which the total airdrop pool will be equally distributed among all participants. The airdrop tokens are vested for one year, at which the tokens will be distributed daily over the course of three months.