Here’s the simple truth about investing in crypto projects: If you can be quick in the most promising projects, you’ll win big. However, finding the right projects can be a challenge when they are still in their infancy.
Crypto Launchpads make it easy for investors to invest in promising projects before their tokens are released to the public.
A Quick Primer on Crypto Launchpad
When new cryptocurrency projects are developing their products and services, they need funding. They sell their tokens at low prices to early investors to help with the development of the project.
As the project grows, the price of the token increases. Who benefits the most when prices rise? Early investors who picked up tokens at bargain prices.
As of 2017, crypto projects were selling tokens directly on their websites at a specified price, called initials. coin Offering (ICO).
But except for a small number of ICOs, most proved to be scams. Investors fled the crypto markets. Most of them were just riding the hype. He had little knowledge or expertise to analyze crypto projects. They used to invest their money in anything they found interesting.
To solve this problem, cryptocurrency exchanges took the responsibility of analyzing new projects. Based on their research, they will join hands with promising projects to host their token sale on the exchange platform.
Crypto exchanges already had a huge user base to invest in new projects. The revision process helped reduce risk for investors. This method was called Initial Exchange Offering (IEO).
However, the emergence of decentralized exchanges (DEXs) has made it easier and safer for investors to invest in promising crypto projects. The process of raising funds through decentralized exchanges is called an initial DEX offering (IDO). And the platforms that facilitate this are called IDO Launchpad. They allow investors to buy tokens of new crypto projects before the public.
Every launchpad has some sort of vetting process to avoid rigs and scams. However, investors still need to understand the projects and associated risks before putting their money on the line.
Here are some of the best crypto launchpads of 2021.
Lemonade is one of the most exciting DeFi token launchpads of 2021. It is governed by Jigstack DAO. STAK is the native token of the Jigstack ecosystem. It is used for managing lemonade and other jigstack protocols.
Lemonade makes it easy for crypto projects to deploy their token sales in minutes. This project is for issuers who want to do crowdsales without having to deal with the technical complexities.
It offers permissionless, hands-free automation and a customizable sales structure to ensure a seamless user experience. Lemonade recently launched V2 of its platform, which gives token issuers complete control over the parameters of their IDO.
Lemonade began with Jigstack hosting its STAK token sale on Launchpad. It has announced that it will host both private and public sales of Depot on the platform. DePo is the first multi-market aggregator in the decentralized finance ecosystem.
Based on Polkadot, Polkastarter debuted in December 2020. Polkastarter allows crypto projects to easily launch their own decentralized and interoperable token pools. It provides a reliable way for investors to gain access to new funds.
Polkastarter has hosted over two dozen successful IDOs, including Ethernity, Blockchain Cuties, and Convergence.
Its native utility token is called POLS. Anyone holding at least 3,000 POLS can participate in the IDO on the platform. Non-POLS holders can also participate in the public sale.
Polkastarter itself does not control the revision or listing process. The community that launches the pool controls it. This means that projects with strong communities can raise funds without relying on the vetting process. Token price can be either static or dynamic.
Thorstarter is a decentralized launchpad that provides cross-chain liquidity to long-tail crypto assets.
Cross-chain liquidity ensures that the fundraising process is fair and transparent. Thorstarter issues liquidity grants for early stage crypto projects and helps them launch through IDO. Projects can then swap Thorchain-pooled assets with their own tokens.
Investors can get liquidity from other blockchains without using synthetic assets.
Thorstarter’s XRUNE token is a hyperliquid settlement currency similar to RUNE. XRUNE is always combined with another asset to facilitate cross-chain swapping using the original RUNE-XRUNE on Thorchain.
Projects selected for Thorstarter approval must go through a grant process governed by a community DAO. The grant must be signed by the Council of Asgard, which consists of 9 members.
New projects launching on Thorstarter use the company’s xIDO model, which allows for greater flexibility to projects. They can choose from several different launch models and customize a token distribution that suits their project and community.
The launch methods are dynamic price action, pool share, fixed price crowdsale, limited supply versus elastic supply, open versus gated tier and minimum purchase versus maximum purchase.
SuperStarter is the crypto launchpad of SuperFarm. For beginners, SuperForm is a cross-chain DeFi protocol built on the Polygon platform. It allows projects to deploy NFTs and crypto farms with custom incentives and rules.
SuperForm’s utility token is Super, which can be used for staking, platform governance, NFT drops, fees and more.
SuperStarter has successfully held the IDOs of Alpha Impact, Virtual Poker, Dawn-Key and Coldstack. During the IDOs, SUPER token holders got a chance to participate in the next wave of emerging projects.
The projects were scrutinized by a group of crypto fundamental analysts prior to their IDO on SuperStarter. Token Launchpad guarantees fairness and maximum transparency.
TRONPad is the first native IDO launchpad on the TRON blockchain. tron shook hands With BSCpad to develop Launchpad.
This will give crypto investors the opportunity to invest in new and quality projects within the TRON ecosystem.
BSCPad, which has launched several successful IDOs on the Binance Smart Chain, will bring its expertise to TRONPad.
BSCpad’s expertise lies in preventing and identifying bots from participating in token sales. It also avoids preferential treatment for whales. The partnership provides a “predictable and reasonably fair system” for users to deposit and hold tokens.
TRON is one of the few crypto projects that raised funds via ICO during the 2017 boom and continues to provide value to the community. Most other ICOs proved to be scams.
Given the proven track record and expertise of TRON and BSCPad, TRONPad will certainly give investors access to high-quality projects. Some of its most exciting features of Launchpad are still in the works.
Crypto Launchpad has changed the way we raise funds for new projects and allow investors to participate in token launches.
They not only bridge the gap between new projects and investors, but also bring in the trust factor in the transaction. New projects could rapidly raise millions of dollars in 2021 to accelerate their development using one of these launchpads.
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