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If you had invested a significant amount in Bitcoin in early 2009-2010 when Bitcoin was virtually valueless, it’s no wonder you might have found yourself in the Billionaire or Millionaire club today.

However, it all comes down to a big “IF”. This significant “IF” applies not only to Bitcoin but also to other top cryptocurrencies.

It has been proven that joining a legitimate project and staying consistent for a long period can yield spectacular returns.

In the ever-growing crypto world, finding authentic early-stage projects can be a challenging task. But don’t worry, as crypto launchpads have arrived with the solution.

What Is a Crypto Launchpad?

As the name indicates, a Crypto Launchpad is a platform that helps to launch blockchain-based projects.

To elaborate, a Crypto Launchpad is like an incubator helping early-stage blockchain-based startups generate revenue by exposing them to a group of investors on the platform.

The launchpad handles all the back-end stuff, such as thoroughly scrutinizing projects and conducting proper KYC checks of individual investors.

Thorough checking and adherence to security measures attract projects and individual investors, creating a win-win situation for both parties. The launchpad allows startup projects to raise funds at a low cost while giving investors the opportunity to invest small amounts that may yield significant returns in the future.

How Does Crypto Launchpad Works?

To launch the crypto asset on the launchpad. A project must submit the project proposal.

The proposal is reviewed by the launchpad team, assessing whether the project has the potential to thrive and succeed in the crypto ocean. Factors considered include a workable business model, a competent team, and a well-defined development roadmap.

Once the proposal is reviewed, the team helps the project to set tokenomics like total supply and distribution of the native token. They can also help create native tokens for the launch.

At the time of launch, launchpad provides all the necessary information about the project’s ins and outs, including the underlying technology and business model, along with the launch date, time, and format (fixed price or auction-based format).

Types of Crypto Launchpad.

Initial Dex Offering (IDO) Launchpad.

IDO is a decentralized crowdfunding platform where tokens representing the assets stored on a DEX are traded.

IDOs are frequently carried out when a project releases a currency or token through a decentralized liquidity exchange.

Initial NFT Offering (INO) Launchpad.

As NFTs gain popularity, many crowdfunding platforms have arisen, offering investors newly launched NFTs through INO launchpads.

Here the crowdfunding mechanism is based on the same fundamentals that involve offering a set of limited NFTs for sale.

Initial Coin Offering (ICO) Launchpad.

ICO is the old approach used in crypto fundraising.

ICO projects raise the funds to complete the development of the project.

Investors engage in Initial Coin Offerings with the hope and expectation that the digital token (or coin) and its corresponding company will be successful, possibly resulting in a good return on investment (ROI) for early supporters.

Initial Game Offering (IGO) Launchpad.

A game or metaverse developers opt for IGO fundraising.

In IGOs, gaming, metaverses, P2E projects, in-game utilities, and marketplaces for trading gaming/metaverse NFTs are hosted.

IGO Launchpads follow a tiered structure for their allocations. The higher your token staking quantity and duration, the higher your tier, and the greater your priority status and chances of winning guaranteed allocations.

Advantages of Crypto Launchpads.

Low Fee.

Crypto launchpads charge a low fee for token listings, and some launchpads do not charge any fee at all.

This encourages crypto projects to raise funds and scale up.

Security.

Before launching any tokens, launchpads thoroughly vet and scrutinize the projects so that the investors do not lose money by misleading information.

Launchpads also ensure the authenticity of every investor by properly conducting the KYC procedure.

Moreover, launchpads do not store any funds on behalf of investors, reducing the risk of theft. Instead, investors have full custody of their assets, and launchpads can access the tokens only through secure wallets after wallet linking.

No Waiting Period.

After purchasing a token, instantly deposited to the account, there are no waiting periods for days and months.

Beginner Friendly and Low Entry Barrier.

Interacting with the launchpad is easy as there are no complex parameters set.

Due to the low fee, good security features, and no complex restrictions for listing tokens on DEXs, any team meeting the entry criteria can submit their project to a crypto launchpad.

Community support.

Launchpad platforms often have strong communities of investors, which can provide support and advice to new projects.

Brand awareness.

A famous and already strong community backing launchpad platform can help to raise awareness of new projects, which can lead to increased adoption.

List of 5 Crypto Launchpads.

TrustSwap.

Founded in 2020 in Canada, TrustSwap aims to make smart contracts mainstream, empowering customizable transactions in DeFi and the entire crypto world. It seeks to achieve this through next-generation multi-chain token swaps and other functionalities to solve existing problems with split payments, subscriptions, and cross-chain token swaps.

TrustSwap has its own native token, $SWAP, which provides access to other platform products such as Staking, Smart Locks, and Smart Swaps. The latter feature allows the wrapping of any token into an ERC20 token.

In addition to these products and features, TrustSwap also offers a Launchpad, providing investors and crypto enthusiasts early access to promising crypto DeFi projects and allowing crypto businesses to launch their projects into the world.

Binance Smart Chain Pad (BSCPad).

BSCPad is the first decentralized launchpad on the Binance Smart Chain Network.

This fully decentralized protocol effectively assists the crypto project in fundraising, token distribution, and increased liquidity.

To ensure participant incentives, the platform adopts a unique distribution model called the “two-round allocation model,” guaranteeing fund allocation to both tiers. In the first tier, allocation depends on the seating capacity, and in the second tier, leftovers from the first tier are sold on a FCFS (First Come First Serve) model among BSCPad users.

Fueling the platform, BSCPad has its own native token, $BSCPad.

BullPerk.

BullPerk is the decentralized VC and multi-chain crypto launchpad aiming to serve the community with best quality and trustworthy projects.

BullPerk uses a multi tier model similar to BSCPad, where you have to deposit a certain amount of money to a certain time extension to get access to the new launching of the project.

There are 6 tiers, each requiring a different deposit, as shown below:

Additionally, each tier has a time lock period to ensure fair share distribution among all users.

Each project undergoes strict scrutiny on the platform, and users must comply with the KYC procedure.

Duck Starter.

Duck Starter is a decentralized crypto launchpad supported by the DuckDAO platform, which operates under the $DUCk token, supported by Ethereum and BSC.

To launch the project, the Duck Starter team undergoes a strict vetting process and implements the platform in different tiers of fundraising. They also provide marketing and professional advice for organic and solid growth.

Duck Starter uses two different tiers to launch the project:

First Come First Serve (FCFS).

Users compete to be the first ones to complete a transaction to claim their spot in the offering. Users only compete with other users in their tier.

Batch Lottery.

Users are randomly chosen across three batches to participate in each IDO. The first batch has a very high chance to participate at normal gas costs, the second batch has a medium chance, and the third and final batch has low or no chances of successfully claiming a spot.

Duck Starter Tiers Stage.

The Qube Launchpad.

The Qube is a multifunctional platform offering the most popular functions of the crypto world, including DeFi trading exchange, IDO Launchpad, NFT Marketplace, and a decentralized social network.

Currently, Qube is launched on Ethereum and BSC and aims to tackle the shortage of quality crypto launchpads in the crypto sphere, hindering early investors from getting into whitelists.

The Qube Launchpad offers simplified entry and fair selections to solve this drawback. It also plans to deploy on multiple chains, including Polygon (MATIC), Avalanche, and others.

Conclusion.

You can use these crypto launchpads to identify the next big cryptocurrency and invest in it early, so you don’t miss out on the FOMO (Fear of Missing Out).

Not only from an individual perspective, but these launchpads also effectively help crypto projects to launch, market, and grow to some extent.

So, which launchpad are you going to use now? Share your experience in the comments.