How to Choose The Best Crypto Launchpad?
The secret to success in pursuing the emerging crypto market is the investors who get in early on promising projects are the ones who find the most prosperity. Although some investors might feel that engaging too early may be a riskier move, recognizing upstanding ventures at an early stage raises their chances of gaining higher returns.
However, the tricky part about this particular investment strategy is identifying which early-stage projects are promising and worth taking the risk. Is it possible to spot such worthy initiatives before they become mainstream? Thanks to crypto launchpads, it is possible!
Crypto launchpads are the safest route for both experienced and novice investors to get a share of crypto-based projects. The platforms filter the top-notch initiatives and showcase them to interested investors willing to commit funding during the early stages of development.
As an early adopter, an investor can fund a project during its pre-sale phase and benefit from price increases as the product matures. You do not want to miss out on what an opportunity like this can offer!
Why invest through crypto launchpads?
As the cryptocurrency business continues to grow and attract more adopters, the number of new crypto projects heading to launchpads has increased because of their successful financing of various projects.
Shortly, crypto launchpads are platforms designed to assist new crypto projects in raising funding by providing investors with early access to token sales. As a result, investors can purchase a crypto token at a significantly reduced price even before the tokens hit the market.
In contrast with ICO (initial coin offering) models available in the past, launchpads ensure security by providing a vetting mechanism that stops scam projects from being listed, protecting both investors and entrepreneurs.
Launchpad platforms also diversify opportunities for investors and project owners. These opportunities that were previously only available to venture capitalists and other high-net-worth investors are now accessible for average investors. Anyone can purchase tokens in any amount, with the assurance of being safe from scammers and receiving guaranteed outcomes.
Overall, this emerging modality of launchpad investing is still somewhat new to the scene, so the regulations, fees, and prices are low compared with other means of establishing investments. For anyone looking to pioneer in an investment venture, now is the time to seek the best crypto projects on a launchpad.
How to choose the best launchpad?
If the idea of investing in or launching an IDO project has sparked interest in you, then it is important you learn how to choose the best launchpad that will best suit your goals as an investor or startup founder.
For investors, the essential features to look for in a launchpad are security and a guarantee of return.
A launchpad’s safety should start from the initial sign-up all the way to the staking phase. And it should follow information security regulations, such as the GDPR, to protect the investor’s data and identity, also providing Know Your Customer procedures to ensure that none of the enlisted projects are scams.
The guarantee of return is going to be particular for each launchpad. An investor should analyze the minimum staking amount of the platform and what benefits this staking tier will give in return. For example, some launchpads will guarantee some percentage of profit starting at the highest levels, while others will offer a lottery for the first-tier investors.
For startup entrepreneurs, the main attributes they should look for are the IDO qualifications and the launchpad’s support for building community and increasing their visibility.
Regarding the community support aspect, while it is not a rule for every launchpad, it is a plus for the IDO launch success that the platform offers some support to help the startup build an online community and reach the right investors.
Top launchpads in 2022
Now that you understand how a crypto launchpad works and how to choose the best one, both from the investor’s and the entrepreneur’s perspective, it’s time to get to know some of the best launchpads available out there. Take a look!
BullStarter is a decentralized multi-chain crypto launchpad powered by BullPerks and built on the Binance Smart Chain (BSC) Blockchain.
It helps startups gain easier access to potential investors and provides tools to help businesses manage liquidity following the launch of their IDOs. BullStarter uses an adaptive tier system to provide early-stage bargains to its community.
An investor must stack from 500 to 200,000 BLP tokens to participate in an IGO on BullStarter. In the highest tier, the investor will receive a 50% allocation from the first, second, and third deals and a 25% allocation from the fourth deal.
Polkastarter is a decentralized exchange platform based on the Polkadot blockchain to simplify blockchain interoperability.
Thanks to this interoperability feature, any decentralized organization can obtain cash through its DEX. Any token can be listed on the DEX and used to raise funds via a sealed-bid sale or a Dutch auction process.
This platform also offers fast transaction speed (up to 160,000 transactions per second), governance (every user holding the POLS token can vote in the ecosystem), and data sharing (the platform makes data exchange easier between multiple blockchain protocols).
Red Kite is a launchpad forging solid relationships with influencers and marketing partners. Their aim is to ensure that no launch fails by lack of effective promotion.
The Red Kite platform supports many blockchains, including Ethereum, BSC, and Polkadot pools. To participate in IDO, token holders must first deposit their PFK tokens into the pool, after which the system decides their tier based on the number of PFK tokens assigned to each IDO.
The higher the tier, the better the holder’s chances of receiving early access to the best cryptocurrency-based initiatives.
BSC Pad is a decentralized launchpad based on Binance Smart Chain. It has an efficient user interference and fair token distribution method, allowing cryptocurrency projects to issue tokens and raise liquidity.
This platform has two allocation rounds: the first is for BSCPAD token holders, with tiers ranging from Bronze (1000 tokens) to Blue Diamond (10,000 tokens) (75,000). Round 2 is for non-BSCPAD token holders, allocating participation based on a first-come, first-served basis.
Various token holders benefit from BSC Pad since it allows for fair launches, allowing investors of all sizes and backgrounds to fund the most potential Binance Smart Chain projects.
DAO Maker is a launchpad based in Ethereum that uses IDO offerings to democratize access to potential startups.
This platform uses the power of Social Mining and omnipresent visibility to assist projects in developing a community. Then, using the project’s token, it converts that community into value-adding and value-assessing members of a DAO.
The strong holder offering, a new token sale type, was recently deployed (SHO). A user must have at least 500 DAO tokens in their wallet to get an SHO on DAO Maker.
Launchpads are like a breath of fresh air for the crypto and investing world. It offers an equal investment opportunity to average individuals as it previously was only possible to high-net-worth investors while helping fund thousands of crypto-based projects.
This core feature of crypto launchpads is also BullPerk’s mission: making investments easier, faster, and more dependable. We want to make crypto investing a more accessible modality and help accelerate as many crypto projects as possible.