What is a cryptocurrency launchpad?

Cryptocurrency launch platforms can be seen as similar to crowdfunding platforms like Kickstarter or Indiegogo. They are a platform through which startups can introduce a new blockchain project and give early investors the opportunity to purchase their first cryptocurrency coins or tokens before they are available to the general public.

Launch pads are often facilitated by decentralized exchanges (DEX), which are considerably more flexible and cheaper to use than centralized exchanges (CEX), largely thanks to the fact that they are unregulated. Despite this, launch pads are significantly safer from an investor perspective than traditional IDOs facilitated by new projects.

As a result, Crypto launchpad development have become increasingly popular in recent years, and developers have already invested billions of dollars in them.

How does a cryptocurrency launchpad work?

One of the main objectives of cryptocurrency launches is to connect new credible projects with people interested in investing in them. It’s a relatively simple process: Potentially promising projects are listed on the platform, giving investors the opportunity to invest capital in them in exchange for coins, tokens or other early assets, often at a discounted price.

There are several different types of pitches that can be used, depending on the startup’s focus. Some of the most common include:

Initial coin offering (ICO)
By far the most common type of launch, an initial coin offering (ICO) gives investors access to a project’s first coins or tokens. These are typically used by blockchain startups with general purpose use cases.

Initial DEX Offering (IDO)
An initial DEX offering (IDO) White label ido Launchpad Platform is very similar to an ICO in that they offer coins or tokens. The big difference is that they are facilitated by a DEX, meaning investors typically get access to their tokens immediately, rather than having to wait for them to be listed on an exchange later.

Initial NFT Offering (INO)
As you may have guessed, an Initial NFT Offering (INO) gives investors access to a project’s first NFTs, which are often part of a limited edition collection that is in greater scarcity than the future versions. These are commonly used by projects that focus heavily on NFTs.

Initial Gaming Offering (IGO)
An Initial Gaming Offering (IGO) is something of a hybrid option where they sometimes offer tokens and NFTs, but they are focused on GameFi , so they are mainly used by gaming startups . to-earn .

What are the advantages of cryptocurrency launch pads?

Cryptocurrency launches have a number of great advantages, which has helped them gain so much popularity. For startups, they offer a way to almost instantly put a new project in front of a community that is actively seeking new investment opportunities. This type of exposure can be hugely beneficial for startups that don’t yet have a large following or a sizable marketing budget.

For investors, cryptocurrency launchers make it easier to find promising new projects and then invest capital in them. The ability to access a large number of exciting startups through a single platform avoids the need to search for them individually, which can be extremely time-consuming. Additionally, acquiring tokens early at a lower price makes it easier to profit later.

By far the biggest advantage that cryptocurrency launches offer both startups and investors is security. Each project goes through a rigorous screening process and each investor is vetted using proven KYC (know your customer) methods . This protects both parties and drastically reduces the chance of either of them being scammed, a common problem with other methods. of financing.