# Enjinstarter

> Enjinstarter is a Singapore-based Web3 launchpad, incubator and advisory firm that helps blockchain gaming, metaverse, AI and entertainment projects raise capital and build communities through Initial DEX Offerings (IDOs). Founded in 2021, it operates a multi-chain launchpad governed by its EJS token and has expanded into climate-focused finance through AYA, a sustainability launchpad based in Dubai. The company has run 80+ token sales, raised over US$10M for projects, and positions itself as an end-to-end partner for teams moving from Web2 to Web3.

- **Founded:** 2021
- **Headquarters:** Singapore
- **Founders:** Prakash Somosundram (CEO & Co-founder), Alvin Tang (Co-founder)
- **Team size:** ~16 employees
- **Products:** Enjinstarter Launchpad, EJS Token, Incubation & Advisory, AYA Platform
- **Notable:** Completed 80+ IDOs / token sales since 2021, Helped raise over US$10 million for launched projects, Raised US$5M Series A from True Global Ventures 4 Plus

## Products & services

- **Enjinstarter Launchpad** — Multi-chain IDO launchpad for GameFi, metaverse, NFT, AI and Web3 utility projects, with a four-tier (Galaxy, Universe, Metaverse, Multiverse) staking system, KYC, and investor-protection rules including minimum liquidity and refund provisions.
- **EJS Token** — Native utility and governance token (5 billion supply) used to access IDO allocations, staking tiers and ecosystem participation.
- **Incubation & Advisory** — End-to-end support for early-stage teams: tokenomics, go-to-market, community building, exchange listings and Web2-to-Web3 transition consulting.
- **AYA Platform** — Climate-focused launchpad based in Dubai that connects retail, high-net-worth and institutional investors with sustainability projects such as reforestation, nature credits, mangrove conservation and sustainable agriculture. Granted a conditional VASP license by Dubai's VARA.

## Achievements

- Completed 80+ IDOs / token sales since 2021
- Helped raise over US$10 million for launched projects
- Raised US$5M Series A from True Global Ventures 4 Plus
- AYA platform granted a conditional VASP license by Dubai's VARA (Dec 2023)
- Early backer of projects including ChainGPT, HyperGPT and SophiaVerse
- Expanded from a single-chain Enjin launchpad to a six-chain ecosystem

## Latest updates

- **2023-12** — AYA Platform of Enjinstarter granted a conditional Virtual Asset Service Provider licence by Dubai's Virtual Assets Regulatory Authority (VARA).
- **2023-10** — Launched AYA, a climate-focused Web3 launchpad headquartered in Dubai, targeting reforestation, nature credits and sustainable agriculture.
- **2023-06** — Reported AI-focused IDO projects delivering triple-digit average year-to-date ROI, positioning Enjinstarter among active IDO platforms.
- **2022-01** — Closed initial US$3M tranche of a US$5M Series A led by True Global Ventures 4 Plus.

## Links

- Website: https://enjinstarter.com
- LinkedIn: https://www.linkedin.com/company/enjinstarter
- Twitter/X: https://twitter.com/enjinstarter
- Instagram: https://www.instagram.com/enjinstarter/
- Facebook: https://facebook.com/enjinstarter

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Profile page: https://yespress.io/enjinstarter
Published by YesPress — https://yespress.io
Last updated: 2026-07-28