A statement from the Launchpool team on Listen.

Our Process

While the launch of a non-incubated project is not under Launchpool’s control, we understand the massive loss incurred by our Community and have decided to take extraordinary action in this case. Before we begin to outline the solution decided upon for our Investor Community, we’d like to provide a breakdown of our Investment Appraisal Process here at Launchpool.

So what now?

Launchpool understands the disappointment of the Community in regard to the launch of the Listen Project. Our appraisal process seeks to filter out any potential for poor performance, but sometimes things do go unexpected to plans. After having carefully reviewed the situation with the Alphabit Team on possible solutions; the following decision has been made. There will be a Community reimbursement for everyone that funded the Listen AME.

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