Odaily Planet Daily News Camelot tweeted that it has decided to cancel the launch of OnChainTrade on Launchpad and clarified the previous hype about Launchpad: 1) The sales model is not as rumored, but can be freely adjusted on demand according to the requirements of the project (hardcap, cap/wallet, etc.). 2) From the beginning, we charged a 2% fee for this OCT fundraising event. Because we want to support the ecosystem and promote the transition of the protocol from zksync, this setting is far below the market price. 3) After proposing the sales model, the OCT team also confirmed on multiple occasions that it understands that it cannot cooperate with other platforms to launch IFO at the same time. Earlier news, Onchain Trade disclosed that Camelot Launchpad has serious hype problems and many projects have not yet released products.
