Top 20 Crypto Launchpads To Jump On in May 2024 (2024)

Crypto launchpads are integral to the web3 ecosystem, allowing startups to secure funding and investors to participate early in exciting blockchain ventures.

So what shouldn’t you miss? We have curated a list of top-tier launchpads, each providing unique advantages across different types of offerings, including IEOs, ICOs, IGOs, INOs, and IDOs. This comprehensive guide will help you navigate the crypto launchpad ecosystem effectively, ensuring you don’t miss the best opportunities of 2024. Let’s dive in.

In this guide:

  • Top 20 crypto launchpads
  • 1. ChainGPT Launchpad
  • 2. Binance Launchpad
  • 3. OKX Jumpstart
  • 4. MEXC
  • 5. Gate.IO Startup
  • 6. BSCPad
  • 7. DAO Maker
  • 8. CoinxPad
  • 9. Solster Finance Launchpad
  • 10. PAID Network Ignition
  • 11. Polkastarter
  • 12. Bounce Finance
  • 13. GameFi
  • 14. TrustPad
  • 15. Seedify
  • 16. Coinlist
  • 17. TrustSwap
  • 18. Tokensoft
  • 19. Red Kite
  • 20. *KuCoin Spotlight
  • What are crypto launchpads?
  • What features should I look for in a good crypto launchpad?
  • What are DeFi launchpads?
  • What are the different types of crypto launchpads?
  • What’s the best crypto launchpad for you?
  • Frequently asked questions

Top 20 crypto launchpads

1. ChainGPT Launchpad

Best for 0% fee IDOs and free giveaways

Funds raised

$1m+

Number of projects

6

ChainGPT Launchpad stands out as a unique platform in the blockchain world, ensuring user-centric benefits. With over $1m+ raised in IDO and an impressive $150k+ given away in free perks, it establishes itself as a generous player in the sector. Moreover, the platform’s commitment to offering 0% fee IDOs shows its dedication to maximizing investor profits.

One of the most significant aspects of ChainGPT is its refund policy. During the refund grace period post successful IDO completion, users can either claim their tokens or opt for a refund of their initial contributions directly to their wallets. On top of that, the added opportunities to earn through airdrops & NFTs, exclusively tailored for the $CGPT community, make this platform even more attractive.

ChainGPT’s fair tier system ensures that all users, irrespective of their investment level, have access to IDOs. This inclusiveness is further backed by their strict project selection criteria, ensuring that every listed project has undergone rigorous quality assurance and due diligence processes.

Pros

  • 0% fee on IDOs
  • Generous giveaways and perks for the community
  • Flexible refund policy
  • Opportunities to earn through airdrops & NFTs
  • Inclusive tier system making IDOs accessible to all
  • Strict project vetting for quality assurance

Cons

  • Thorough KYC process
  • Limited number of projects

Are you eager to elevate your project’s visibility and take advantage of the ChainGPT token sale process? Projects aspiring to use their LaunchPad must undergo an initial screening followed by a due-diligence process.

Although not mandatory, projects can opt for ChainGPT its incubation program, which is specially designed to help projects in their early development stages and streamline their operations before the official launch.

To apply, you can fill in the simple questionnaire on the ChainGPT website.

Apply to launch your project

2. Binance Launchpad

Best for staking altcoins

Top 20 Crypto Launchpads To Jump On in May 2024 (2)

www.binance.com

Sign up

Funds raised

$104 M

Number of projects

71

Binance Launchpad is an appealing platform for cryptocurrency enthusiasts as it provides early access to promising blockchain startups. By backing initial exchange offerings (IEOs), it creates a platform for secure and fair token distribution, ensuring that new projects are accessible to a wide range of investors.

Binance Launchpad also extensively vets each project, ensuring its utility and potential for both short-term and long-term returns.

Binance Launchpool, on the other hand, is a platform that lets users stake their tokens to earn new ones, providing an ideal way for users to generate passive income. By fostering strong crypto communities and supporting new projects’ growth, both platforms contribute significantly to the blockchain ecosystem.

Pros

  • Early access to promising projects
  • Extensive vetting of startups
  • Secure and fair token distribution
  • Access to a wide user base for projects

Cons

  • Limited availability due to lottery system
  • Dependence on BNB for participation
  • Potentially high competition for promising projects
  • Risk of project's failure post-launch

3. OKX Jumpstart

Best for NFT assets

Top 20 Crypto Launchpads To Jump On in May 2024 (3)

www.okx.com

Sign Up

Funds raised

$55.64 M

Number of projects

18

OKX Jumpstart provides a platform for users to experience and invest in high-quality blockchain projects early on. Key benefits include routine launches of new projects, the ability to stake OKB tokens for potential rewards, and the choice between mining or purchase models depending on the event.

OKX exchange platform ensures transparency by conducting warm-ups and announcing rules in advance for better user preparedness. However, it is essential to note that participation in the OKX launchpad programs requires Level 2 KYC verification, and investors have to own OKB tokens.

Pros

  • Wide range of cryptocurrencies
  • Offers up to 100x leverage
  • Variety of trading options
  • Great user experience and ease of use

Cons

  • OKX is not available for U.S. citizens
  • Limited fiat options
  • Regulatory compliance

4. MEXC

Best for exclusive launches

Top 20 Crypto Launchpads To Jump On in May 2024 (4)

www.mexc.com

Sign Up

Funds raised

$5.99 M

Number of projects

23

MEXC Launchpad is a remarkable platform renowned for successfully launching an array of blockchain projects. This platform provides users immediate access to the most promising, thoroughly vetted projects, evaluated based on the team’s experience, potential market demand, and ability to provide value to users. It also creates unique pools where users can commit MX tokens and receive token airdrops, allowing for early-stage investment and potentially high returns.

Beyond this, MEXC has proven itself as a profitable platform for new projects, with top performers like AMG and EXD boasting impressive increases of 2350% and 902%, respectively. It facilitates high-return scenarios for users who commit their MX tokens, with no lock-up periods, meaning they can participate in multiple events simultaneously and receive airdrops from all projects.

Pros

  • Supports over 1,600 cryptocurrencies
  • Low trading fees
  • Supports multiple payment methods
  • Cutting-edge security features
  • Offers exceptional liquidity for futures trading
  • Leverage up to 200x

Cons

  • No FIAT withdrawals
  • Only a few cryptocurrencies are supported on Quick Buy

5. Gate.IO Startup

Best for quality projects

Top 20 Crypto Launchpads To Jump On in May 2024 (5)

www.gate.io

Sign Up

Funds raised

$156.15 M

Number of projects

326

Gate.io’s Startup launchpad is a robust choice for investors due to its reputable standing in the crypto community. As an established exchange platform, it is second in trustworthiness only to Binance and enjoys an almost five-star rating from Forbes. This underscores its commitment to offering reliable, high-quality services to its user base.

The platform’s distinctive value proposition lies in its Initial Exchange Offering (IEO) model. Gate.io performs an exhaustive vetting process on all listed projects, reviewing elements such as the project’s trustworthiness, financing, use cases, goals, objectives, and operational structure. This rigorous evaluation reduces investment risk, providing investors with a sense of security.

Pros

  • User-friendly Interface
  • Broad cryptocurrency range
  • Strong security protocols (2FA, SMS verification, and cold wallet storage)
  • Offers many trading capabilities
  • Exceptional customer service

Cons

  • Thorough KYC procedure
  • Restricted fiat currency options

Investing through the BSCPad launchpad offers several distinct advantages. Firstly, BSCPad creates fair decentralized launches, offering both lottery and guaranteed allocation tiers. This design ensures that virtually every IDO participant has a chance at a guaranteed distribution, thereby making the platform accessible to a wide range of investors.

BSCPad uses a tiered token allocation system divided into allocation and FCFS (First-Come, First-Serve) rounds. This system offers transparency and predictability to investors, allowing them to plan and strategize their investments effectively. Moreover, BSCPad’s productivity and activity level are impressive.

Let’s not forget the minimal entry threshold to this platform. Such a design not only makes the launchpad highly accessible for new investors but also increases the investor base for early-stage projects.

Pros

  • Ingenious tier structure.
  • Two-round system to enhance functionality
  • Dependable and equitable platform.
  • No recorded instances of security breaches

Cons

  • Homepage may overwhelm new users due to information overload

7. DAO Maker

Best for NFT projects

Funds raised

$56.87 M

Number of projects

119

DAO Maker’s launchpad is a comprehensive platform that opens doors to early-stage crypto startups. The system lets you participate in dynamic sales events such as SHOs, SEED sales, and DYCOs, potentially boosting your reward allocations.

DAO Maker’s staking system is quite flexible, where your DAO token stake translates into ‘DAO Power,’ which increases your influence over allocation in sales events and access to platform features. The platform offers an array of services, including incubation, operations, counseling, and social mining, fostering an enriched investment experience. It’s also an incentivized ecosystem; your active participation, from staking to voting, is rewarded with DAO tokens.

Pros

  • Well-structured launchpad for both investors and blockchain projects
  • Easy navigation with straightforward registration and token purchase
  • High profitability with a successful track record
  • Clear tier system based on DAO tokens held

Cons

  • Mandatory requirement of holding 2000 DAO tokens
  • KYC process may raise privacy concerns
  • Allocation based on a lottery system, not guaranteed

8. CoinxPad

Best for multichain CEX/DEX launchpad

Funds raised

$1.4 M

Number of projects

10

CoinxPad is a crypto launchpad that allows you to discover early-stage crypto projects before they become mainstream. It allows you to participate in their presale rounds. With a strong focus on vetting processes, CoinxPad filters out scams and rug-pulls, ensuring that only high-quality projects are listed on their platform.

By investing through CoinxPad, you gain access to promising projects and have the chance to support their development and liquidity.

CoinxPad also rewards holders of CXPAD tokens, offering a range of incentives. Holders receive automatic USDT rewards every 60 minutes, with a minimum of 200,000 CXPAD tokens required for eligibility. Additionally, CoinxPad implements features like auto liquidity pool allocation, marketing support, and cross-chain compatibility to enhance the investing experience. The platform prioritizes the safety of investors by scrutinizing and auditing all projects before listing them on the launchpad.

Pros

  • Early access to promising projects
  • Thorough vetting and security measures
  • Incentives for token holders
  • Cross-chain support

Cons

  • Limited token availability
  • Relatively new platform

9. Solster Finance Launchpad

Best for Solana projects

Funds raised

$1.7 M

Number of projects

21

Using the Solster Finance Launchpad provides an equitable and accessible way to invest in new token projects. Unlike conventional launchpads, it doesn’t rely on first-come-first-served participation or high financial barriers to entry. The Solster Launchpad uses a three-round system, or trilogy, to distribute funds fairly among its users. This is based on the quantity and weight of their staked Solster Tokens (STR), rather than their speed or wealth.

This method provides a fair system that rewards token holders and ensures a guaranteed fund allocation based on their stake in STR tokens. The only requirements are adherence to international regulations, KYC, and other sales prerequisites, as determined by the IDO projects.

Pros

  • Fair participation mechanism not based on first-come-first-serve
  • Low financial entry barriers
  • Trilogy system ensures fair fund allocation
  • Rounds two and three provide opportunities for all STR token holders and whitelisted users

Cons

  • The three-round system might be complex for new users
  • Heavy reliance on staked STR tokens for fund allocation
  • Required KYC and whitelisting might be barriers for some users
  • Regulatory restrictions might limit participation

10. PAID Network Ignition

Best for blockchain games projects

Funds raised

$23.14 M

Number of projects

84

The Ignition PAID Network launchpad is a viable choice due to its easy-to-use interface and productive track record. The launchpad provides early access to innovative projects for investors, with a tiered participation structure based on held $PAID tokens.

It has received significant backing from industry leaders, resulting in over £15m in investment. PAID Network is ranked among the top ten most profitable platforms, with an average ROI of 31.13x. It offers a clear and straightforward participation process, including lottery, KYC, pool joining, and token redemption. However, it’s not available to U.S. citizens or residents.

Pros

  • Easy-to-use interface
  • High ROI
  • Tiered access system based on token ownership
  • Straightforward participation process

Cons

  • Unavailable to U.S. investors
  • Potential risks involved in cryptocurrency trading
  • Requires KYC

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11. Polkastarter

Best for gaming projects

Funds raised

$49.7 M

Number of projects

111

Investors should consider using Polkastarter Launchpad due to its unique and progressive approach to launching blockchain projects.

This platform goes a step further, democratizing the funding process by enabling project teams to offer tokens directly to the community, thus facilitating broader participation in early-stage investments. Along with this, Polkastarter’s cross-chain capability provides users with a convenient means to connect or interact with different blockchain networks, all in one place.

The tier system for whitelisting allows users to have increased chances of participating in IDOs based on their POLS holdings, ensuring a fair token sale mechanism. Additionally, Polkastarter’s connection with Polkadot’s efficient and scalable ecosystem boosts liquidity.

Pros

  • Broad community participation in early-stage investments
  • Cross-chain interaction with different blockchain networks
  • Token price stability due to fixed swaps
  • Over 100 successful launches

Cons

  • Reduced activity and news coverage in 2023
  • Limited access based on POLS holdings
  • Need for careful individual project research
  • Complex tier system for whitelisting

12. Bounce Finance

Best for token auction

Funds raised

$847.50 K

Number of projects

18

The Bounce Finance Launchpad is unique in that it provides a wide variety of auction methods for both tokens and NFTs, granting more opportunities for diversification.

Bounce Launchpad operates across multiple blockchains, increasing its versatility and potential. The platform’s Locked Liquidity Pool feature also mitigates the risk of ‘rug pulls,’ ensuring a safer investment environment.

Bounce Finance takes security seriously, leveraging smart contracts to automate transactions, providing security for both auctioneers and buyers.

Pros

  • Good reputation
  • Diverse auction methods
  • Multi-blockchain operation
  • Anti-'rug pull' measures
  • Successful track record

Cons

  • Inherent risks of auctions
  • Platform’s complexity and auction types
  • Lack of control for agreed action terms
  • Dependence on external wallets

13. GameFi

Best for game hub

Funds raised

$9.00 M

Number of projects

63

GameFi Launchpad presents itself as a comprehensive discovery hub for games and metaverses, providing a platform for the expansion of virtual economies and communities.

It specializes in hosting Initial Game Offerings (IGO) and Initial NFT Offerings (INO), two types of crowdfunding events that allow investors to pre-purchase game project tokens or NFTs at early stages. This early access may lead to obtaining assets at lower costs before they increase in value when publicly available.

GameFi Launchpad supports projects by facilitating fundraising, increasing user engagement, and promoting their brand within the GameFi.org community. It offers quality assurance by meticulously vetting projects for legitimacy and innovation before launch. Through these services, GameFi Launchpad is an important bridge between projects and investors in the gaming blockchain ecosystem.

Pros

  • Early access to NFT and gaming projects
  • Quality assurance
  • Strong community engagement

Cons

  • Market volatility
  • Limited information
  • Selectivity

14. TrustPad

Best for multichain investments

Funds raised

$14.19 M

Number of projects

87

Investors should consider choosing TrustPad as their launchpad platform due to a variety of benefits. TrustPad offers a secure, efficient, and easy-to-use platform for launching a crypto token or coin, with no coding required. It ensures security through the use of smart contracts.

The platform also offers crypto asset management features, including real-time portfolio tracking, alerts, and integration with various crypto exchanges. TrustPad supports multiple blockchains, providing flexibility and a wider audience reach for projects.

Moreover, it offers features like TrustPad Pools, allowing investors to pool resources together to buy tokens at a discount and help projects increase their visibility.

TrustPad makes participating in Initial DEX Offerings (IDOs) straightforward, providing opportunities for investors to get in on the ground floor of potentially successful ventures.

Pros

  • Easy and efficient token launch
  • Secure transactions:
  • Asset management and tracking
  • Multiple blockchain support
  • TrustPad Pool allows investors to collectively buy tokens at a discount
  • Integrated exchange platform

Cons

  • Potential risk with IDOs
  • Limited to crypto assets

15. Seedify

Best for Web3

Funds raised

$22.32 M

Number of projects

64

Launched in 2021, Seedify operates as an innovative blockchain gaming-centric launchpad and incubator designed to aid creators in securing funds, community growth, partnerships, and support for their blockchain gaming and NFT projects.

As a result, investors gain access to promising Initial Game Offerings (IGOs) and Initial NFT Offerings (INOs) through the Seedify Launchpad, providing funding for unreleased gaming projects in exchange for rarities, special features, and tokens upon project release.

Seedify’s tier-based system makes it unique, with the tiers and voting strength being determined by the amount of SFUND tokens a user holds. This allows for greater influence and access to projects based on your investment level.

The value of SFUND tokens, however, depends on the volatility of the crypto market and should be considered by potential investors.

Pros

  • Fosters community involvement, giving SFUND token holders governance rights
  • Rapidly growing blockchain gaming sector
  • Provides staking rewards for SFUND token holders.
  • Offers access to pre-launch gaming projects via IGOs and INOs
  • Supports game developers with resources and a launchpad for projects
  • Engages in metaverse expansion and has its own game studio

Cons

  • Investments in IGOs and INOs carry the risk of failure or underperformance
  • It’s a new platform
  • Mandatory KYC verification
  • Lottery system for IGO participation might not favor all SFUND holders
  • Secondary token (SNFTS) has limited utility
  • Uncertain regulatory landscape for crypto-related ventures

16. Coinlist

Best for security

Funds raised

$1.05 B

Number of projects

78

The CoinList launchpad is a premier platform for accessing new and exclusive crypto tokens before they are listed on major exchanges. It offers users the opportunity to invest in high-quality projects with strong teams and exciting objectives. CoinList ensures the long-term success of these projects by screening users and implementing various sale tiers with purchase limits and lockups to discourage selling.

They diligently monitor for malware and take strict action against users found using malicious software. Confiscation of funds and account closure are enforced to maintain a safe investing environment.

CoinList has a proven track record of successfully launching promising projects like Solana, Algorand, Casper, and Flow. These launches have garnered significant participation, with ROIs reaching impressive multiples. To ensure a fair distribution, CoinList implements a random queue system, where users are assigned a queue number and can purchase tokens in sequential order based on their number.

Pros

  • Regarded as one of the top launchpads in the crypto market
  • Offers competitive average spot fees ranging between 0.25% to 0.45%
  • Provides free USD deposits, reducing the cost for investors

Cons

  • Limited crypto offerings (only 40)
  • The user experience is average, and liquidity is often poor
  • Doesn't support fiat currency withdrawals
  • Imposes high fees on cryptocurrency withdrawals

17. TrustSwap

Best for DeFi

Funds raised

$40 M

Number of projects

48

TrustSwap Launchpad is a comprehensive platform that allows stakers to gain early access to promising blockchain projects and offers guaranteed token allocations. Powered by TrustSwap’s SmartLocks technology, it ensures the secure locking of tokens and protects against rug pulls and token dumps.

With a thorough evaluation process by TrustSwap’s vetting team, stakers can trust the integrity of the projects listed on the launchpad, and transparent vesting schedules enhance confidence. Participating as a staker requires owning a compatible wallet, staking SWAP tokens, and completing the necessary steps on the Launchpad Dashboard.

Pros

  • Early access to promising blockchain projects
  • Guaranteed token allocations for stakers
  • SmartLocks technology ensures secure token locking
  • Thorough evaluation process by TrustSwap's vetting team
  • Transparent vesting schedules for increased trust

Cons

  • Requires owning a compatible wallet and staking SWAP tokens
  • Limited to projects listed on the launchpad
  • Relatively complex process for staking and participating in launchpad projects

18. Tokensoft

Best for compliance

Funds raised

$1.05 B

Number of projects

100

TokenSoft is a leading platform for token sales, facilitating over $1 billion in funding since 2017. Their enterprise tools enable the launch of token sales for top projects, offering customizable structures such as fixed prices, contribution caps, vesting terms, and more.

The token sale process involves a Registration Period for user onboarding and initial interest, followed by the Sale Period where investors can view documents, enter purchase information, and fund their investments.

Funds raised during token sales are directed to the fundraising entity, held in either a multi-signature wallet managed by the entity or a custodian-held wallet. TokenSoft collaborates with client teams and legal counsel to ensure compliance and automation of requirements throughout the sale.

Pros

  • Trusted and reliable platform
  • Customizable investment options
  • Compliance assurance

Cons

  • Limited accessibility based on jurisdiction
  • Short sale periods
  • Technical complexity
  • Investor restrictions

19. Red Kite

Best for reputation projects

Funds raised

$10.60 M

Number of projects

80

Red Kite Launchpad is a go-to platform for both blockchain project creators and investors. It offers an opportunity to participate in early-stage crypto projects, giving investors the advantage of early access to innovative features. Known for launching successful projects like Tribe, Bunicorn, and Step Hero, it has proven its efficiency and credibility.

Managed by Icetea Labs, Red Kite only lists vetted and selected projects for IDO, assuring investors of the quality of projects available. It offers a clear user interface, easy registration, and PKF tokens purchasable on major exchanges. The more PKF tokens you hold, the better your chances of being whitelisted for an IDO. Plus, its rank as one of the most profitable platforms on the market makes Red Kite a worthwhile consideration for crypto enthusiasts.

Pros

  • Access to early-stage crypto projects
  • Quality assurance
  • User-friendly interface and easy registration process
  • Token system

Cons

  • Significant investment required (40,000 PKF tokens or more)
  • No whitelist guarantee
  • The process of buying and staking PKF tokens, getting whitelisted, and participating in IDOs can be complex for beginners in the crypto space

20. *KuCoin Spotlight

Best for potential high returns

Top 20 Crypto Launchpads To Jump On in May 2024 (20)

www.kucoin.com

Sign up

Funds raised

$45.33 M

Number of projects

26

KuCoin Spotlight is a token launchpad that offers early-stage investment opportunities in crypto projects. Users can participate by holding the platform’s native KuCoin Shares (KCS). It’s popular due to the potential for high returns, as it provides access to new tokens at issue price and world-premiere tokens.

Several past projects have achieved notable performance. KuCoin also offers Initial Game Offerings (IGO) for finding early projects. The historical profitability of KuCoin Spotlight has been quite impressive, with tokens often showing substantial growth post-launch. However, it’s crucial to remember that these investments come with high risk, as information about early-stage projects can be limited.

Pros

  • Early access to projects
  • Rewards for holding KCS tokens
  • History of high returns
  • Participation in initial game offerings (IGOs)

Cons

  • Limited information on early projects
  • High-risk nature of early-stage investments
  • Dependence on the KuCoin platform

*In 2024, KuCoin is facing charges from the Department of Justice following allegations that the platform knowingly flouted AML rules in the U.S. The company’s legal woes have dramatically dropped its market share, with many concerned userswithdrawing fundsfrom the platform.For a detailed overview of the current situation,please check our explanation ofKuCoin’s legal status.If you are consideringalternatives to KuCoin, explore our recommended exchangeshere.

What are crypto launchpads?

The main advantage of using a crypto launchpad is that it provides a streamlined and transparent way for blockchain startups to raise funds from investors. Crypto launchpads typically have a vetting process to ensure that only legitimate projects get listed.@BHeroLaunchpad 🔥

— Klarion (@klarion_eth) March 25, 2023

A crypto launchpad is a platform that provides a space for emerging crypto projects to secure funding.Essentially, it’s an Initial Coin Offering (ICO) or token launch platform for early-stage blockchain projects that haven’t been made public yet.

These crypto launchpads allow investors to acquire tokens at an economical rate. There’s always the prospect of future profit should the value of these tokens rise. These launchpad platforms usually require minimal costs to launch a project. That’s why they attract a variety of innovative blockchain initiatives looking to raise funds.

For project founders, crypto launchpads provide a convenient way to connect with the broad pool of cryptocurrency enthusiasts and investors interested in new ventures.

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During the height of the crypto market in 2021, numerous new coins and projects came to life. However, some turned out to be scams. This resulted in losses for those who lacked the expertise or time to vet these projects effectively.

To tackle this issue, most trusted launchpads like Binance Launchpad offer due diligence services, carrying out rigorous project assessments. They also involve third parties to execute Know Your Customer (KYC) checks on new users. This level of scrutiny safeguards both project founders and investors. And it contributes to the rise of these platforms as a preferred fundraising method within the blockchain ecosystem.

According to Cryptorank.io, the fundraising activity has been over $2.5 billion in most months since 2021. For instance, during March 2023, a total of $7.89 billion in funds were raised by launchpad projects.

Top 20 Crypto Launchpads To Jump On in May 2024 (21)

What features should I look for in a good crypto launchpad?

When evaluating a crypto launchpad, it’s crucial to consider specific features that can ensure a successful experience for both projects and investors. A high-quality launchpad should offer various services and tools to supportupcoming ICOs,launching ICOs, andtop ICOs, to name a few factors. Here are other key features to look for:

  • Comprehensive vetting process: Ensure the launchpad has a thorough project evaluation system to select only credible and promising projects.
  • Marketing and promotional support: Look for platforms that offer strong marketing efforts to maximize project visibility and attract investors.
  • Investor protection mechanisms: Check for features like insurance funds or security audits to protect investor interests and funds.
  • Community engagement: A good launchpad should foster a strong community around each project, facilitating discussions and updates.
  • User-friendly interface: The platform should be easy to navigate, allowing seamless ICO participation for novice and experienced investors.
  • Access to exclusive deals: Ensure the launchpad offers early access or special terms for top ICOs, providing added value to its users.
  • Transparent fee structure: Look for clear and fair fees for using the launchpad to avoid unexpected costs.
  • Ongoing support and advisory: The launchpad should continuously support projects post-launch, helping them achieve long-term success.

What are DeFi launchpads?

Top 20 Crypto Launchpads To Jump On in May 2024 (22)

DeFi (Decentralized Finance) launchpads are platforms that facilitate the process of launching new projects in the DeFi space. They serve as incubation platforms for early-stage decentralized projects, offering services like fundraising, security audits, marketing support, and technical guidance.

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Unlike traditional ICOs (Initial Coin Offerings), where projects launch their tokens on a centralized platform, DeFi launchpads are typically decentralized, meaning they operate on blockchain technology and emphasize community participation. They allow the community to participate in a democratic and transparent way, such as through Decentralized Autonomous Organizations (DAOs), where token holders can vote on various project developments.

These launchpads provide retail investors with early access to project tokens through a method called Initial DEX Offerings (IDOs). This is when tokens are made available on a decentralized exchange (DEX) before being traded on other markets. This allows investors to get in on the ground floor of potentially lucrative projects.

What are the different types of crypto launchpads?

Crypto launchpads are platforms that aid in the initial launch and fundraising for blockchain projects. There are different types of launchpads depending on the method of fundraising and the type of projects they support.

  • IEO (Initial Exchange Offering) launchpads. These are like crowdfunding sites but for crypto projects. Companies use them to raise money by selling tokens. Examples include Binance and MEXC.
  • ICO (Initial Coin Offering) launchpads. Here, people who are starting blockchain projects can raise money by offering tokens and directly talking with investors.
  • IGO (Initial Game Offering) launchpads. These are for people interested in investing in games, virtual reality, and related projects. Developers can talk directly with investors to explain their projects and raise funds. GameFi and Seedify are a few examples.
  • INO (Initial NFT Offering) launchpads. These are places for creators of non-fungible tokens (NFTs) to invite investors to their projects. Investors can put money into collections or buy an entire item. Polkastarter is one of these launchpads.
  • IDO (Initial DEX Offering) launchpads. These are introduced on decentralized exchanges. In general, most projects launch as IDOs.

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What’s the best crypto launchpad for you?

Deciding on the best crypto launchpad for you requires careful consideration of several factors. You should opt for a platform that has a strong reputation and a proven track record of supporting successful projects, provides transparency about the details of its hosted projects, and supports multiple blockchains.

Crypto launchpads can potentially yield substantial returns, as they offer investors a chance to participate in projects at the most favorable prices before public launch. However, these investments carry inherent risks due to the volatility of the crypto market.

At the end of the day, choosing the best crypto launchpad boils down to your investment goals, risk tolerance, and specific interests in the diverse world of blockchain projects. Always do your research thoroughly, consider your level of experience, and, if necessary, seek independent financial advice.

Frequently asked questions

What is a launchpad in crypto?

A launchpad in crypto refers to a platform that aids new blockchain-based projects, typically in the form of cryptocurrencies or tokens, to raise funds and gain early traction.
Projects typically conduct this through a process called Initial DEX Offering (IDO), which involves offering the project’s tokens for purchase to early supporters as a form of crowdfunding.

Launchpads also provide investors with early access to these projects. By investing, these early supporters or investors get the chance to purchase tokens at a favorable price before they are listed on public exchanges.

What are examples of crypto launchpads?

Two highly regarded launchpads in the cryptocurrency sector are Gate.io and MEXC. These platforms have consistently demonstrated the ability to successfully foster and launch innovative blockchain projects, proving value within the rapidly evolving cryptocurrency landscape.

What are the best IDO launchpads?

Based on market cap, some of the top IDO (Initial DEX Offering) launchpads are DAO Maker, Polkastarter, and Seedify.
Experts have recognized these launchpads for providing ample support to early-stage projects through their robust ecosystems. These platforms are paving the way for the most innovative and promising projects in the crypto space, making them some of the best options for both project creators and investors.

How does a crypto launchpad work?

A crypto launchpad helps new blockchain projects raise funds and launch their tokens. Typically, projects apply to be listed on a launchpad, which then conducts due diligence and selects promising candidates. Once approved, the launchpad announces the token sale, and investors can participate by buying tokens at an early stage. The process may vary per platform, but generally, it includes project vetting, marketing, and facilitating the token sale to a community of investors.

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Top 20 Crypto Launchpads To Jump On in May 2024 (2024)
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