5 Best Crypto Launchpads For GameFi Projects

The cryptocurrency investing universe holds so many opportunities and modalities for discovery, providing new ways to make money in the emerging financial multiverse.

One of the most trendy crypto ventures right now is GameFi or game finance. GameFi is getting everyone’s attention by unifying the well-known prize-winning dynamic with decentralized finance (DeFi), the latest crypto development. 

Also referred to as play-to-earn, GameFi directs players to decentralized applications holding economic incentives. As in DeFi, it is token-based, and players can earn tokens by completing tasks such as battling, raiding, mining, and farming. 

GameFi transformed in-game currency into valuable real-world money. In essence, an in-game currency becomes a cryptocurrency that can be bought and sold on a crypto exchange. Usually, players start investing a small amount of money to play, and while playing, they make more and more in-game money that will become useful in the real world.

However, such games need funding to be developed and transform their own currency into a high-profitable crypto coin. That is precisely what launchpads’ do, they help unite gaming entrepreneurs with potential investors. 

How does a GameFi-focused launchpad work?

Similar to DeFi, a GameFi-focused launchpad aims to connect promising gaming projects to interested investors, using the decentralized venture capital dynamic to enlarge the range of possible contributors, and help finance more initiatives.

The way this rolls out into the mainstream audience is through an IGO or Initial Game Offering. The main difference between an IGO and an ICO or an IDO is that the investment is directly contributed to a blockchain game, sometimes even before it’s fully developed. 

Usually, the investor confirms their contribution by purchasing tokens from a launchpad, where they can then invest them in the launch pool of an initiative. Most IGOs function with fixed tokens that establish the investor’s tier. Following this logic, the higher the investment, the higher the tier, the higher the reward. 

Besides utilizing a tiered structure, an IGO can also generate investments through rounds. Just like the tiers, when joining in on the first round, an investor can expect greater rewards and high risk. After the launch, the platform releases tokens and prizes in stages.

Top 5 launchpads for GameFi projects

After covering all the essentials around GameFi and how GameFi-focused launchpads work, the next step is to choose the best platform and start buying into this promising investment modality. 

Here we have gathered the top launchpads for GameFi projects for you to begin your investment journey on a high-quality and secure system. Check it out!

BullStarter

BullStarter facilitates startups’ access to potential investors and provides tools to help businesses manage liquidity following the launch of their IDOs. It is a decentralized multi-chain crypto launchpad powered by BullPerks and built on the Binance Smart Chain (BSC) Blockchain.

BullStarter uses an adaptive tier system to deliver early-stage bargains to its community. It differs from typical decentralized launchpads in that, when the token price rises, only early investors gain access to the best tiers and deals.

To take part in an IGO in BullStarter, an investor needs to stack, starting at 500 BLP tokens to 200,000 BLP. At the last tier, Titanium Bull, the investor will receive a 50% allocation from the first, second, and third deals and 25% on the fourth deal.

GamesPad

GamesPad concentrates on gaming-related projects, as well as NFTs and the metaverse. This launchpad is multi-chain, making it easier to invest and providing more room for purchasers. It collaborates with projects on several blockchains, including Ethereum, Binance Smart Chain, and Polychain.

Because community is at the heart of GamesPad, the platform’s design ensures that everyone, including investors and entrepreneurs, has access to the resources they need to achieve their goals.

Security is a core aspect of a positive community experience, so a team of specialized professionals reviews each project before it is launched on GamesPad, guaranteeing that only the most promising and high-returning initiatives are available.

GamesPad has very recently launched, so it is a rare opportunity to take part in a brand new investing space and secure your place in the many IGOs that are about to start. 

Gamestarter

Gamestarter offers an NFT-based marketplace to help projects raise funds. Briefly, an investor buys the token GAME to buy these NFTs and then invests in the launch pools. 

To take part in an IGO in Gamestarter, an investor needs to log in to their wallet, select the $GAME Level staking, enter some tokens and confirm the transaction. This launchpad also presents a tier system and offers staking options starting at 750 GAME to 60,000, divided into tiers and sub-tiers. 

One of this platform’s particularities is that it offers dedicated support to indie game developers, helping them gain visibility for their projects. 

Enjinstarter

Enjinstarter is part of the Enjin platform, which focuses on developing blockchain games. Like its native platform, this launchpad aims to expand game developers’ digital assets and blockchain strategy. 

As with most launchpads, to take part in an IGO through Enjinstarter, the investor needs to stake the EJS token. Staking will place the investor in tiers, which will later determine participation and allocation in the IGO. Stacking starts at 25,001 EJS to 500,001. 

One notable trait about Enjinstarter is that it helps creators use NFTs as an alternative source of funds for their initiatives. 

Seedify

Seedify runs on the Binance Smart Chain, allowing players to vote on submitted initiatives’ direction and decisions. 

To ensure security, all investors must go through a Know Your Customer verification before taking part in an IGO. Later, they can purchase SFUND tokens to invest in projects through a tier system. 

With a 9 tier system, its first tier is up to 250 SFUND and completes the token distribution via a lottery system. All other tiers guarantee your shares, and starting at the sixth tier, an investor can also experience private sales.

Bottom line

To ensure that your participation in an IGO is successful, it is important to use a launchpad to establish and fulfill investments. Those platforms offer a safe space for investors and entrepreneurs to match democratically and anonymously. 

Placing your money in a launchpad not only gives you a chance to make profits but also helps to scale the growth of the blockchain gaming industry, building up the success of several small entrepreneurs and projects along with it. 

Would you like to start investing in the most promising crypto projects? Learn how to invest with BullPerks, the fairest and most community-oriented decentralized VC and multichain launchpad!