What are Crypto Launchpads?

Initially crypto projects would have problem to raise fund. Luanchpads work like startup incubators.They make crypto IDO/ICO accessible to average person. It’s like investing in a startup at early stage. Hence these launcpads or IDO offering platforms help crypto startups to raise funds in the beginning while investors can benefit by investing early in expectance of 10x or even 100x growth in the future.

Type of Launchpad investing

As a retail investor one can access these crypto launchpads in two ways –

1. Invest in the Coin/Token of the Launhcpad

   As a retail investor you can invest in the native token of these Launchpad project. These native tokens can be bought on any crypto exchange.Almost all Launchpad platforms have their utility tokens that are used to invest in new projects on their platforms.Users must swap their fiat or other coins to these native tokens to invest in Blockchian startups. Users can buy these tokens on crypto exchange or can swap with other crypto through their wallet on launchpad platforms.

   Examples of these tokens are – $PAID for Paid Networks’ Ignition Launchpad, $SWAP for TrustSwap Launchpad etc.

2. Invest in new crypto projects

On the other hand, users can directly use these IDO , ICO or IEO platforms to invest in new crypto startups by gaining their shares in the form of tokens. For this, users have to register on these platforms. Although all of these platforms have their own processes but most of these are same. Users have to buy native token of the platform or connect their compatible wallet. These Launchpads allocate coins / tokens of new Blockchain projects through various methods like – Lottery system, Subscription etc. Some platforms focus on mature crypto projects while many offer early stage startup coins.

Many Blockhcians and crypto exchanges have launched their own ICO IDO offering platforms. They are more trustworthy.

Here are the best crypto launchpads in 2022 :-

1. Binance Launchpad

First Coin Project Launched - BitTorrent

Year Started - 2019

Website  - https://launchpad.binance.com/en

Crypto Projects  – WazirX, BitTorrent, Axie Infinity, MATIC, The Sandbox

Binance is the largest crypto exchange in 2022.

Binance is a pioneer in the initial coin offering and Initial Exchange Offering space where it helps crypto startups to raise funds from retail investors. Binance Launchpad is a platform by Binance to provide exposure of its millions of investors to new promising Blockchain startups. At the time of writing, Binance has launched 64 projects since 2019. It has helped startups to raise more than 100 million USD of funds.

Features :-

• Binance makes coin sale through Lottery system

• For projects, it gives exposure to millions of Binance users

• Projects launched through Binance will be listed on Binance and they get prime liquidity in various pairs.

• Projects will get Binance’s consultation and leadership.

• Investors can covert FIAT to BNB and use it for coin purchase.

Pros

• Binance has brand reputation so it is trustworthy

• Get exposure to only mature projects

• Binance does all the necessary checks and research on the project

• For Crypto startups, Binance prevents bad actors to participate

Cons

• Lottery System may decrease chance to get coin allotment

• Have to buy new coin projects with BNB and not Fiat

2. DAO Maker

First Coin Project Launched – Orion Protocol

Year Started - 2018

Website - https://daomaker.com/launchpad

Crypto Projects  -  Dafi Protocol, LaunchX, Orion Protocol 

DAO Maker Launchpad is one of the prime products of DAO MAKER among DAO stake, DAO pad etc. DAO Maker is one of the best crypto launchpads. However it is more than just a Launchpad. DAO Maker works as incubator and staking platform. 

It provides advice, consultation, marketing and incubation to Blockchain projects along with helping them to raise funds from retail investors. 

DAO Maker has its native utility token DAO which is used to invest in crypto projects and stake tokens. 

Features 

• Go through extensive information on each crypto project before investing on DAO maker Launchpad.

• Users have to stake their DAO token to get DAO power

• Amount of DAO power held will decide coin sale allocation

• User are divided into 5 tranches depending on the amount of DAO they spend

• For startups, DAO MAKER provide end-to-end solution from incubation to marketing.

Pros 

• In-depth research on each project presented on the SHO page (strong holder offering)

• One of the oldest and trustworthy platform 

• DAO Maker has 50+ partners to support new SHO projects 

• Projects launched on DAO Maker has over 5 billion market cap

Cons

• Winning coin sale depends on the amount of DAO power

• Lottery is decided on number of DAO staked

3. Gamefi

Year Started - 2022

Website - https://gamefi.org/

Crypto Projects  – Epic war, League of Kingdoms, STEPN

GaemiFi is an all in one web3 gaming and metaverse investing platform. Users can participate in gaming crypto projects at early stage on GameFi. Users can apply for Initial game offering or IGO through joining the whitelist.GameFI has been backed by leading VCs such as **Polygon and DAO Maker.**GemiFi has multiple crypto wallet options to register with. 

Features

• GameFi ranks each GAFI stakeholder as Rookie, Elite , Pro and Legend.

• Your rank defines to take part in IGO pools

• Higher the rank higher the guarantee of token allocation such as LEGEND rank will have guaranteed coin allocation in IGO.

Pros 

• Be a part of P2E community

• Launch your web3 game and get worldwide exposure

• Get exposure to successful IGOs 

• GameFi IDOs have higher ROI

Cons 

• IGO token allotment through Lottery

• Stake $GAFI token to get ranked

4. Gate.io

First Coin Project Launched - CNNS

Year Started - 2019

Website - 

Crypto Projects  – PlayPad, FACTS, MovieBloc

Gate.io is one of the leading crypto trading platforms. Since its inception in 2013 Gate has launched several crypto products including its fund raising ICO and IDO platform Gate Launchpad known as startup platform on Gate.io

Features 

• Raised over 70 million USD for 540+ crypto startups

• 8+ million participants 

• Provides exposure to innovative and advance projects

• Gate.io I sone of the oldeset and trustworthy crypto trading platforms.

• Gate.io launches early stage  Blockchain startups

  Pros 

• Invest early in NFT, Metaverse and Gaemfi projects

• Unique and innovative projects

• Get $100 voucher on signing up. 

  Cons 

• Number of shares claim depends on how many Gate VIP tiered you have 

• Complex process to apply for startup shares.

5. PAID Network

First Coin Project Launched - Shadows

Year Started - 2021

Website - https://ignition.paidnetwork.com/

Crypto Projects  -  NFTify, Octopus Protocol, DOT Finance, Bridge Network 

Ignition is the flagship product of PAID network for new crypto project fund raising through auctions. PAID networks has its native token $PAID which is utilised to get coin allocation through lottery. Users need to have a sufficient balance of $PAID to increase their chances of token investing. Users are given tiers based on the amount of $PAID they hold. These are the tiers for PAID Network investors – 

• Moon Tier

• Galaxy Tier

• Cosmos Tier

  PAID network offers both public and private sale of new blockchain project  tokens. 

  Features 

• Apply through Whitelist to participate in IDO , ICO or IEO. 

• After whitelist users go through KYC so no bad actors can be a part of your crypto project

• Straightforward lottery system on Ignition

• Multi chain blockchain projects including – Binance Smart chain, Ethereum , Avalanche, Solana etc.

Pros 

• Multi Chain fund raising platform

• Multiple wallet supports

• PAID tokens can be bought through crypto exchanges like -  Pancakeswap or Uniswap

Cons 

• Restriction on participants from specific countries

• Token allocation based on your tier.

Launchpads revolutionized the crypto investing world to make it more secure and safe.These platforms go through multiple research and evaluation steps to analyse before launching any ICO. It eases the work of an average investor.However, no matter how much trustworthy the Launchpad is , investor should  DYOR (Do Your Own Research) before investing in any project. From whitepaper to team member’s social media account, go through everything before you put your hard earned money in any Blockchain start-up. The crypto space is still in its infancy and many scammer projects are dropping everyday to vanish your money. Therefore choosing the right and best crypto Launchpad is a tricky task to do.