# How to Create a LBP

Creating a Liquidity Bootstrapping Pool (LBP) on Starter Launchpad is a structured process that enables AI projects to raise funds and distribute tokens in a fair and transparent manner. Follow these steps to create an LBP on Starter Launchpad:

#### Step 1: Prepare Your Project

1. **Define Your Project:**
   * Clearly outline your project’s goals, vision, roadmap, and tokenomics.
   * Ensure your project aligns with the AI focus of the Starter Launchpad.
2. **Gather Required Documentation:**
   * Prepare a detailed whitepaper, team bios, and project overview.
   * Create marketing materials, including a website and social media profiles, to promote your project.

#### Step 2: Create an Account on Starter Launchpad

1. **Register and Verify:**
   * Visit the Starter Launchpad website and register for an account.
   * Complete any required identity verification processes to ensure compliance with platform standards.

#### Step 3: Initiate LBP Creation

1. **Navigate to LBP Creation Section:**
   * Log in to your Starter Launchpad account and go to the “Create LBP” section.
2. **Start a New LBP:**
   * Click on “Start New LBP” to begin the creation process.

#### Step 4: Enter Project Details

1. **Project Information:**
   * Fill in your project’s name, description, website URL, and social media links.
   * Upload your project’s logo and any relevant images.
2. **Team Information:**
   * Provide information about your team members, including their roles and bios.

#### Step 5: Configure Token Details

1. **Token Information:**
   * Enter details about your project’s token, including the token name, symbol, total supply, and decimals.
2. **Token Allocation:**
   * Specify the amount of tokens to be allocated to the LBP.
   * Define the distribution plan for the remaining tokens (e.g., team, advisors, reserve).

#### Step 6: Set LBP Parameters

1. **Initial and Final Prices:**
   * Set the initial token price and the final token price. The initial price is usually higher, gradually decreasing to the final price over the LBP duration.
2. **Duration:**
   * Choose the start and end dates for your LBP. The duration typically ranges from a few days to a couple of weeks.
3. **Funding Goals:**
   * Define the minimum and maximum funding goals for the LBP.

#### Step 7: Smart Contract Configuration

1. **Deploy Smart Contract:**
   * The Starter Launchpad platform will automatically generate and deploy the necessary smart contracts for the LBP.
   * Ensure that you have sufficient funds (e.g., ETH or other base currency) to cover gas fees for contract deployment.

#### Step 8: Review and Confirm

1. **Review Information:**
   * Carefully review all the information and parameters you have entered for accuracy.
2. **Confirm Creation:**
   * Confirm the creation of your LBP. Once confirmed, the details will be finalized and the LBP will be scheduled to start on the chosen date.

#### Step 9: Promote Your LBP

1. **Marketing Campaign:**
   * Launch a marketing campaign to promote your LBP. Use social media, your project’s website, and AI community forums to generate interest and attract participants.
2. **Community Engagement:**
   * Engage with the community through AMAs, webinars, and updates to build trust and transparency.

#### Step 10: Monitor and Manage LBP

1. **Track Progress:**
   * Monitor the progress of your LBP through the Starter Launchpad dashboard. Track contributions, token distribution, and price changes.
2. **Provide Updates:**
   * Regularly update participants on the progress of the LBP and any significant developments related to the project.

#### Step 11: Conclude LBP

1. **End of LBP:**
   * Once the LBP duration ends, review the results and finalize token distribution to participants.
2. **Claim Funds:**
   * Claim the funds raised during the LBP. Ensure the proper allocation of these funds as outlined in your project plan.

#### Step 12: Post-LBP Activities

1. **Stake or Trade Tokens:**
   * Encourage participants to stake their newly acquired tokens in the Staking Pool to earn additional rewards.
2. **Governance Participation:**
   * Engage your community in governance activities, using their tokens to vote on project proposals and future developments.
3. **Ongoing Communication:**
   * Maintain ongoing communication with your community, providing updates on project milestones, developments, and future plans.