> For the complete documentation index, see [llms.txt](https://seedpad.gitbook.io/seedpad/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://seedpad.gitbook.io/seedpad/key-innovations/launch-nft.md). # Launch-NFT ### The *L-NFT*, or *Launch NFT*, is a groundbreaking concept in the world of digital investment. Think of it as a digital receipt that represents your investment in a project through our *SeedPad*. ### This *L-NFT* serves two key purposes: * **Proof of Investment:** It acts as a tangible record of your investment in a specific project on the *SeedPad.* * **Flexibility and Control:** Unlike traditional investments, the *L-NFT* is fully transferable and tradable, meaning you can hold, buy or sell them at your discretion. When the project launches and its tokens are distributed, you receive these tokens if you're still holding the *L-NFT*. This system ensures transparency, freedom and control, placing the power of investment in your hands.