A crypto launchpad is a platform that helps new blockchain-based projects to raise funds and get exposure. These platforms offer a range of benefits for both project owners and investors. Some of these benefits include allowing participants to invest in the initial token sale of a crypto project at favorable prices, facilitating the launching of the project on top exchanges, and providing assistance in promoting the project.
The primary function of a crypto launchpad is to connect project owners and interested communities. They typically provide the latter with important information about a project and its underlying technology. The information they share can help investors make informed decisions regarding their investments. The platforms also help in creating and managing the blockchain infrastructure for a project.
Investors on a crypto launchpad can gain substantial profits by being among the first to invest in a new crypto project. This is because the value of the project’s tokens can shoot up once it launches publically, resulting in high returns on their investment.
Crypto launchpads also give regular retail investors access to a group of promising projects that would otherwise be unavailable. The vetting process that top launchpads perform ensures that no rug-pull or projects with no intrinsic value are launched on their platforms, which in turn safeguards the interests of the community of investors.
Another key benefit of crypto launchpads is that they are safe, transparent, and secure. These platforms usually require all users to undergo a KYC procedure, which makes it hard for scammers to manipulate the system. In addition, they store users’ tokens in their own wallets and are not vulnerable to hacks like other non-launchpad platforms.
In addition to these, the most popular crypto launchpad are those that focus on gaming. These platforms are designed to help new games, NFTs, and metaverse projects get off the ground and gain traction in the industry.
This is achieved through an Initial Game Offering (IGO), whereby early investors contribute to game development, allowing developers to build on their ideas and take the gaming experience to the next level. The profits of IGOs can be multi-fold, especially for those who are committed to the project from the beginning and remain dedicated through the entire process. However, investors should be aware that there is no guarantee that they will earn such high profits, as the market performance of IGOs can vary dramatically. Therefore, it is essential to do thorough research before investing in a new crypto project.
