As more people use Cryptocurrency to diversify their investment portfolio, there

has been a marked increase in the number of investors that have turned to launchpads to further their chances at success when considering where to invest or not. . Launchpads have been around for a while and have established themselves as important players in the crypto and blockchain industries. They’ve progressed to the point where many tokens use them as part of their main strategy to achieve market success and growth. To better understand how launchpads will impact the future of crypto, one needs to understand the following: What is a launchpad? How do they function? What influence will they have on the future of cryptocurrency?

Platforms are critical in the crypto space. There is always a need for a platform to launch new coins and crypto projects – these are called launchpads or IDO’s. Crypto launchpads have garnered attention due to the loopholes in the previously existing crypto investment system, as these launchpads enable investors to spot early-stage cryptocurrency projects and participate in pre-sales, often with lower prices.

Launchpads work as a filter for people to select the “best” or “better” projects that have gone through some form of the vetting process by the launchpad. Direct access to crypto projects and crypto investment is what makes these platforms so sought after. They have received the project proposals, filtered them for the users, and then listed them to their website for further bidding. Many launchpads have a priority system in project distribution. Large shareholders get the guaranteed project share; however, smaller shareholders must go through a lottery system. Launchpads provide tokens to their subscribers, and they can invest these in any crypto project listed on the launchpad.

Previously, there was a lot of fear for scammers and trust issues about crypto, all of which posed a huge hurdle in the growth of crypto projects. Scammers caused a number of challenges for investors as well as for genuine crypto project owners. Launchpads have entered the market to better serve the people and their growing demand to refine the selection of thousands of projects; although launchpads are also a form of the crypto project due to their name recognition and trust, they are used as a filter to effectively separate scams and genuine crypto projects for both investors and the project owner.

As mentioned, crypto launchpads are reducing risks and increasing opportunities for investors and project owners. Regular investors now have access to previously unavailable opportunities traditionally reserved for venture capitalists and other large-scale investors. More users are looking to and making use of launchpads and investing in the businesses due to the security and accessibility provided by these launchpads. Now anyone can buy tokens, for any amount, with the sense of security from scammers and guaranteed results.

Going forward cryptocurrency is likely to see a much larger number of investors, as the growth of crypto leads to an increase in token prices and competition. The biggest benefit is that investing should be easy and safer due to these launchpads. Crypto launchpads have been shown to improve over traditional fundraising approaches, which the insider community has mostly ignored. However, many launchpads platforms have many rooms for improvement that can be considered, for example, guaranteed investment for everyone, increasing transparency, and ensuring everyone can get a space for investment.

Below is a list of some top crypto launchpads with unique features and facilities. Each Launchpad has its pros and cons, which users have to consider according to their requirements. We have gathered a few of the top launchpads for your reference.

An example of a successful launchpad is BSCPad, which acquired similar aspects to Shibapad by empowering crypto projects, and the power of token distribution which lead to funding. BSCPad started at $0.022 and at its all-time high, reached $6.87, a 31,227% increase.

Another launchpad that can be referenced is ADAPad. ADAPad is similar to BSCPad but it is the first deflationary launchpad for the Cardano ecosystem. ADAPad started at $0.004 and hit an all-time high of $1.23 – a 30,750% increase in price.

Let’s take a closer look at ShibaPad.  ShibaPad is a meme-friendly, community-based launchpad, with the aim of getting the attention of every meme-lover on the Binance smart chain.

In view of the launchpad’s ideals of reliability and trustworthiness, the Shibapad team has produced a launchpad that is controlled and managed by the community itself (the same community that strives to invest) with the possibility to apply and contribute to the launchpad by voting for and holding the $SBP token.

It is the platform’s first governance token, which is currently in its early stages and will provide a secondary income stream through staking. Token Holders will be able to stake $SBP for the opportunity to earn $SBP. Also, it comes with a governance feature that lets token holders vote on important issues by escrowing tokens. Top holders of the project will get Gen1 NFT airdrops, and the portion of their $SBP will determine the launchpad levels.

Launchpads brought new life to the world of cryptocurrency. It provides opportunities to regular investors that were once only for venture capitalists and high-net-worth individuals. Launchpads have become a bridge between investors and projects, decentralizing the world of investment opportunities. The rise in the use of launchpads has created a considerable shift in the cryptosphere, making investments easier, faster, and more reliable.

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