Launchpad name | Description | |
---|---|---|
Binance Launchpad | Binance Launchpad is a blockchain platform developed on BNB, operating under the management of the most popular Binance ecosystem. Binance Launchpad f... | |
Coinlist Launchpad | Coinlist is a decentralized platform for launching initial token sales that aims to significantly accelerate the crypto industries development process... | |
Gate.io Startup Launchpad | Gate io Startup is a decentralized token launchpad developed based on the Gate.io ecosystem. The platform provides the community with the opportunity ... | |
KuCoin Spotlight Launchpad | KuCoin Spotlight is a community and developer-oriented platform with unique and very broad capabilities for digital asset management in the token sale... | |
Mantra DAO ZENDIT Launchpad | MANTRA DAO is a decentralized platform developed and managed by a very large community. The platform is designed for active investors and supporters o... | |
Poolz Finance Launchpad | Poolz Finance is a decentralized Web 3 cross-chain platform that provides access to the Initial DEX Offering (IDO). Thanks to the Poolz ecosystem, cry... |
The world of cryptocurrency is regularly growing with new promising projects. To bring their “brainchildren” into the light, their creators use special platforms – launchpads that support promising tokens and ecosystems.
Cryptocurrency Launchpads are platforms for the initial sale of tokens. In fact, modern cryptocurrency projects attract investments at the very start and create their own community with the help of this tool.
Launchpads allow users to invest in new projects at the very launch until their cryptocurrency becomes available to a wide audience.
Crypto Launchpad can be considered as an improved version of crowdfunding platforms. It is designed to work with crypto, offers a wide range of functionality and helps to solve several tasks at the same time, not just finding sources of funding. Thanks to crypto launchpads, investing in digital assets becomes more accessible and safer. As a result, user loyalty to blockchain projects is growing.
The Launchpad workspace is designed to focus more attention on new blockchain initiatives, especially new cryptocurrencies and tokens. This gives projects the opportunity to gain a foothold in the market by getting the necessary share of funding.
The operation of a launchpad involves several key steps:
At the same time, to achieve high user security, launchpads use different verification methods. For example, KYC (Know Your Customer). Thus, platforms help build trust between parties and reduce the likelihood of fraud.
As a result, the project creator receives funding and an impetus for the development of his cryptocurrency, and the investor acquires a profitable investment. After some time, the crypto can turn around on the market and grow significantly in price, and investors will already have a share in the use, which was acquired for mere pennies.
It’s worth noting that at the time of writing, capitalization of the Launchpad segment in cryptocurrencies is over $1.90 billion.
Today, launchpads can be divided into two main types:
These types of tokensales primarily differ from outdated ICOs in that the platforms on which new cryptocurrencies are promoted bear some responsibility for the proposed product and commit to listing the coin on exchanges immediately or in the very near future. Eventually, cryptocurrency projects are able to raise funds through liquidity pools without intermediaries, and users can immediately earn from trading.
In addition to the popular types of fundraising through launchpads, there are several other types:
Among the features of startup sites is the possibility of early investment.
The fact is that it is a very difficult task to analyze a lot of crypto projects on your own and choose a promising one among them. Thanks to Launchpad platforms, this process becomes much easier, as they make sure that all the presented blockchain projects have undergone a thorough pre-selection. All the user has to do is enter the platform and invest in the project by buying its tokens at the most favorable price.
At the same time, to be able to participate in tokensales on the launchpad, most exchanges require the user to hold a certain amount of its native tokens on his wallet. As a rule, for the period of participation in the launchpad, one cannot use these tokens – trade them, move them from one cryptocurrency wallet to another, etc.
As we can see, Launchpads in crypto industry are one of the important steps towards blockchainization. Platforms accelerate the introduction of cryptocurrency into everyday life, helping to develop, launch and support a multitude of new crypto projects.
At the same time, understanding their role and utilizing them correctly can be the key to success for both developers and investors in this dynamic and rapidly changing environment.