Now that we better understand what crypto launchpads are and why we should use them, it’s time to dive into our list of the best crypto launchpads for 2023. While chain-exclusive launchpads might have great connections and knowledge within their network, you should remember that a great project on a dying chain might struggle to get traction. Blockchain Compatibility – Most crypto launchpads are multi-chain and support projects across the Web3 world.You should be able to find out exactly how many tokens are for sale, the price, and any presale vesting periods. Transparent Information – Every launchpad should be able to tell you everything you need to know about the blockchain projects they’re hosting. ![]() If an incubator can show that they’ve helped dozens of high-quality crypto projects grow in the market, that indicates they know how to get the job done. History of Success – A crypto launchpad’s track record should speak for itself.It’s important to always do your due diligence before putting your funds through a launchpad. ![]() A Good Reputation – If a launchpad is constantly getting slandered on Twitter for stealing people’s funds or providing false information, it’s probably best to avoid it entirely.Here’s what you should be looking for in a launchpad platform: For every success story, dozens of launchpads seem never to catch a break or list downright scams to snatch a share of the fees. It’s important to remember that not all crypto launchpads are created equal. Imagine buying Axie Infinity (AXS) for just $0.10 on the Binance Launchpad before it hit $165 a year later. Early access to disruptive startups is a luxury that was previously reserved for venture capital funds and investment firms.įinding hidden gems before they’re listed on public exchanges has led launchpad buyers to outstanding gains in the past. For InvestorsĬrypto launchpads give retail investors access to exciting new projects long before they hit the market. They put new projects in front of thousands of potential investors and are well-connected to top crypto influencers who help to drive interest and adoption. Launchpads are also excellent marketing partners. They also get access to mentorship and a team of experienced advisors that guide the project in pursuing its goals. For New Cryptocurrency ProjectsĮmerging blockchain projects use launchpads to help raise capital and fund their early-stage development. One of the reasons crypto launchpads are so popular is that they’re mutually beneficial for both crypto projects and retail investors. Others use a tier system, where native utility token holders can stake coins to earn access to new opportunities. Some use a raffle system powered by smart contracts, where lucky prospects win a spot on the whitelist. For example, it’s not uncommon to see a crypto launchpad cater specifically to NFT, GameFi, and Metaverse projects.Īs more and more people start using crypto launchpads, providers have had to devise more creative methods of deciding which investors are entitled to a presale allocation for new cryptocurrency projects. While most incubators host new ICOs (Initial Coin Offerings) for emerging crypto projects from various niches, some platforms are more specialized. ![]() While popular cryptocurrency trading platforms like Binance host some, decentralized launchpads use blockchain technology to create token sale platforms supported by on-chain governance. Like most things in the blockchain ecosystem, crypto launchpads come in a variety of formats. In most cases, crypto launchpads host token sales that give investors early access to promising projects before tokens get publically listed on a cryptocurrency exchange. What Is a Crypto Launchpad?Ī crypto launchpad is a platform that helps new crypto projects raise funds and build a community of passionate investors. When you reach the bottom of the page, you’ll know what separates the best crypto launchpads from the pretenders and have a great list of incubators to help you get started in early-stage investments. This article will give you a crash course on launchpad platforms. While some launchpad projects explode in the crypto markets, plenty of flops and scams still leave token holders completely wrecked. ![]() IDO launchpads help these next-generation protocols dive into the crypto space and hit the ground running.Īs is often the case in the crypto industry, knowing whether these incubators are legit can be hard. The crypto space has no shortage of innovative startups looking for fundraising. Crypto Launchpads are an excellent tool that brings emerging blockchain projects and excited cryptocurrency investors together.
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