# Details of Spaceport

## Event rule: 

1. Voting starts after AptosLaunch Spaceport has accumulated 30 participating projects
2. All voting ends 15 days after the start time.

## 🎁 Prize (Incubation & Investment) — for the winners of the pitch competition

🥇 First Place: 

* Guaranteed $20,000 USDT worth of ALT investment on seed round 
* Pitching opportunities with top tier VCs
* Incubation support - free mentoring on partnerships, promotion, listing and legal advice
* IDO on AptosLaunch.io

🥈 Second Place: 

* Guaranteed $10,000 ALT investment on seed round 
* Pitching opportunities with top tier VCs
* Incubation support - free mentoring on partnerships, promotion, listing and legal advice
* IDO on AptosLaunch.io

🥉 Third Place: 

* Guaranteed $5,000 ALT investment on seed round 
* Incubation support - free mentoring on partnerships, promotion, listing and legal advice
* IDO on AptosLaunch.io

Note: Rewards will be equally divided among team members unless otherwise requested. 

The winning team(s) may receive an investment from the AptosLaunch treasury, subject to a DAO vote

## 🎁 How do we select the winners?

We will have a series of voting rounds, where the community and judges are encouraged to participate.

* Community votes will weigh 60% of total votes and judges votes are weighed 40% of total votes