Launchpads are slowly becoming the backbone of the Decentralized Finance ecosystem, offering small and large cryptocurrency projects, whether it be gaming, metaverse or a Move-to-Earn app, access to a pool of investors wanting to find the next gem.
Launchpads are helping connect like-minded individuals to enthusiastic developers, where anyone and everyone can invest and gain from this emerging market.
What is a Launchpad
Crypto Launchpads, also known as incubators, are platforms which allow decentralized crypto projects to raise funds by selling a percentage of the project’s token supply at a discounted price.
Launchpads satisfy two fundamental needs: Decentralized crypto projects acquiring capital to fund marketing and development and investors getting the opportunity at, in their eyes, undervalued tokens.
A launchpad most commonly makes money by taking a % of the total revenue generated by a project to fund their operations and as a reward for their service.
Within the Unicrypt ecosystem is their very own decentralized launchpad. Running parallel as an incubator, projects can receive feedback and advice from several third-party partnerships the Unicrypt team has established to benefit a multitude of aspects regarding new cryptocurrency projects.
Their launchpad currently covers five different blockchains; Ethereum, Avalanche, BSc, xDai and Polygon. Within their launchpad, individuals are able to mint and launch their own tokens through a simple self-custodial wallet connection.
Being the largest cryptocurrency exchange by volume, Binances launchpad also boasts a successful launch platform with over $120m raised over 3.5 million unique users.
In total, Binance has only launched 64 different projects, however each project is heavily scrutinized to ensure safety for the platforms users. An example of a recent successful lauch is STEPN, recently raising over 8,500 BNB ($3.5m).
Launching on Binance offers key advantages, such as extremely high liquidity on your project’s trading pairs and exposure to millions of unique Binance users.
Launchpool promotes itself as an egalitarian launchpad, attempting to treat all stakeholders as equals, with equal opportunity to invest into upcoming projects.
Their launchpad is extremely active, constantly adding new projects in different phases to the list. Like previous launchpads, Launchpool connects a variety of projects to their ecosystem, each utilizing their own chain such as Ethereum or BSc.
Unilayer is a multi-product decentralized ecosystem which encompasses a trading platform, automated trading, Launchpad, and more. Built on top of the Uniswap DEX, Unilayer utilizes its own native token $LAYER for their services.
Their launchpad is fully decentralized and transparent for projects and users. On top of this, services such as automatic liquidity locks and important smart contract security audits which ensure safety for both founders and investors are readily available.
Solster Finances decentralized launchpad is an up-and-coming project incubator based around the Solana ecosystem. Having completed over 20 successful launches, the platform has already processed over $1.7m in funding.
Although a new launchpad, projects launched have already seen massive gains such as UPFIs massive increase of 44x since their IDO on Solster Finance.
As more Solana projects continue to be developed and want to get launched, Solster is undoubtedly going to be at the forefront helping connect developers and investors.
Staying within the Solana ecosystem, Solrazr is another launchpad for Solana projects. However, Solrazr offers two distinct launchpad platforms:
- INO Launchpad: A launchpad dedicated entirely to NFTs, helping artists mint and launch their NFTs on the Solana blockchain with zero coding experience. NFT projects are listed as tokens are, instantly available on the blockchain.
- IDO Launchpad: Hosting of Solana-based cryptocurrency projects.
Solrazr utilizes their native token $SOLR to reward holders with benefits such as staker restricted launches and higher caps on smaller launches.
Gamestarter is a crypto-gaming-based launchpad, offering decentralized IGOs to its userbase. Offering a playthrough of diverse games hitting all corners of the crypto-gaming industry such as; Metaverse games, Play-to-Earn, NFTs and more.
Their most successful launch, project seed, boasts a massive 77x return at all-time highs, which shows how committed Gamestarter is in allowing all sizes of projects an opportunity at an IDO.