What Are Launchpads?

Those who join successful projects early on are the ones who reap the greatest benefits. They remain with the project from the very beginning and thus deserve to enjoy the rewards of its success. To find such a project in its early stages, the best place to go is a Crypto Launchpad.

In the whole of 2021, there are over 8500 new cryptocurrencies circulating on the market. Unfortunately, the rise of tokens has led to a growth in crypto scams. In response, many crypto investors are turning to crypto launchpads as a secure and reliable way to invest. This article will explore what a crypto launchpad is, how it works, and the top crypto launchpads currently available.

What Are Launchpads?

Crypto launchpads, also referred to as crypto incubators, are a form of an investment platform that enables blockchain-based projects to receive capital and offer access to initial token sales for their pool of investors.

The launchpads of IDO have the potential to be an attractive solution because they provide the opportunity for those taking part to get hold of projects that are highly sought-after before they become available on public exchanges.

This means buyers can gain access at the lowest available cost and maximize the potential return. Using a launchpad to launch a project provides security for both founders and investors. Many top crypto launchpads have a stringent vetting process for prospective projects. Additionally, third-party Know Your Customer (KYC) verification is often required for new users in order to complete their onboarding process. By utilizing a launchpad, new founders can benefit from a community of crypto investors and enthusiasts who are eager to explore their projects.

Unfortunately, nowadays the launchpad sector is becoming increasingly crowded. This makes it hard to choose the right one since not all of them are able to secure high-quality projects. So we advise that you do your homework before joining any launchpad or participating in an IDO, as there are no guarantees of a profit, and many launchpads have not had a consistent track record when it comes to project selection.

Why Crypto Launchpad?

Crypto launchpads serve as a connection between investors and startups, allowing startups to obtain the capital they need to progress their projects, while investors can gain access to early-stage opportunities. It is beneficial for both side

• Founders are able to get the capital they need to move their projects forward by launching them through a launchpad. Furthermore, launchpads provide projects with the exposure they need by introducing them to a large community of cryptocurrency enthusiasts.
• Early investors in venture capital (VC) deals often receive tokens at a much lower price than when the token is made available to the public.

Top 5 Crypto IDO Launchpad

Launching a project on an IDO platform can be an attractive option for participants, as it provides them with the opportunity to gain access to projects that are in high demand before they are listed on public exchanges. Based on the capital that was raised recently, here are the top 5 crypto IDO launchpads

• DAO Maker - Of the many Ethereum-based launchpads, DAO Maker stands out as one of the best, having earned its reputation for excellence through its longevity and quality. As one of the first platforms to offer IDO-like offerings, it was instrumental in democratizing access to new projects. By introducing Dynamic Coin Offering (DYCO) and, more recently, the Strong Holder Offering (SHO), the platform has revolutionized the way investors gain access to novel projects and opportunities.
• Polkastarter - Polkastarter is the premier Web3 fundraising platform, giving Web3 projects the ability to create decentralized and fixed swap token pools. It allows backers to securely make early blockchain investments in Initial DEX Offerings (IDOs), Non-Fungible Tokens (NFTs), and gaming on a multi-chain environment that spans Ethereum, BNB Chain, Polygon, Celo, and Avalanche.
• BSCPad - BSCPad is highly regarded for its frequent and high-quality IDOs, having hosted over sixty projects since its launch. On average, the platform has released six projects each month, making it one of the most prolific launchpads in the Binance Smart Chain ecosystem.
• BullPerks - BullPerks is a decentralized venture capitalist and multi-chain crypto launchpad that is committed to providing a transparent and community-driven experience. It is designed to meet the needs of its users, offering a secure platform for projects to launch and investors to invest. The decentralized nature of BullStarter grants all investors an equal opportunity by providing a 6-Tier system that ensures fairness and balance.
• TrustSwap - TrustSwap Launchpad is a comprehensive launch platform that gives stakers guaranteed access to tokens from pre-approved, high-potential crypto projects. The platform is powered by its native token, $SWAP, which offers innovative solutions for splitting payments and subscriptions, as well as multi-chain token swaps. Through TrustSwap Launchpad, crypto users have the opportunity to receive guaranteed allocations of tokens from promising projects that have been pre-vetted by a panel of blockchain experts.

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