Crypto Launchpad

What is a Crypto Launchpad?

Crypto Launchpad also known as Incubator, is a tool that acts as a bridge for new projects in the industry to raise funds by connecting them with their potential investors. There are two types of Launchpads currently operating in the Crypto Industry; Centralized and Decentralized Launchpads.

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While it helps the team behind the new projects raise funds for their startups in the early stage, it also is beneficial for investors as well, as they enable them to participate in a coins pre-sale and buy them at discounted prices, rather than buy at the listing price when they hit the market.

Centralized Incubators often exist on Centralized Exchanges such as Binance, which has its own launchpad called Binance Launchpad. Binance Launchpad lists only new projects with the potential for a promising future, assuming they meet a predetermined criteria. In contrast, Decentralized Incubators often either operate independently or on Decentralized Exchanges, for example, Julswap ( A DeFi platform) has its own Launchpad on Binance Smart Chain where anyone can list new projects anonymously without providing authentic documentation.

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Significance of Crypto Launchpad

Incubators are important as they work as a tool to connect innovative project creators with potential investors, enabling better growth and development of the Crypto Ecosystem. Acting as a bridge, Launchpads also help gain exposure to a large number of crypto enthusiasts, giving new projects a chance to build a strong community that might be willing to support projects beyond just investment.

Benefits of Crypto Launchpad

Access to vetted projects

Accessibility to vetted projects is one of the key benefits offered by Launchpads that are managed by reputable platforms, such as Centralized Exchanges and some DeFi platforms. Before making the ICO or IDO public for investors on their Launchpads, reputable platforms first conduct an extensive audit to ensure that only high-quality projects are presented to investors.

Early investment opportunities

From an investor perspective, this is a major advantage offered by Incubators. Not only can investors get a chance to make early investments but they also enjoy additional benefits, such as fixed discounted prices, compared to the actual value of the Coin/Token when it eventually hits the market for public trading.

Reduced risk

As we all know, tons of new crypto projects launch and disappear every day, wiping out millions of dollars from the market, while leaving no footprints behind. According to CoinmarketCap and Coingecko data, approximately 22K cryptocurrencies exist as of 2023, while there were only 5.3K cryptocurrencies being traded in 2020, as reported by multiple independent sources.

We believe, out of this long list of cryptocurrencies, that hundreds of Altcoins will disappear by the end of 2023, leaving many with nothing, while more still will enter the market.

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Due to a large numbers of projects launching everyday, it’s hard to find legitimate ones with promising futures. In that regard, choosing a well-established Launchpad operated by trusted organization reduces the risk of getting scammed and becoming a part of Ponzi Scheme.

How to Participate in a Crypto Launchpad

Research and due diligence

Doing thorough research and due diligence is very important on an individualistic level, even if the project is approved by reputable platforms. Start by reading the project whitepaper and try to understand their goals and roadmap.

Pay close attention to technology they are utilizing and team behind the project.

While doing your research ask these questions to yourself:

• Are the Goals and RoadMap set by the project founders possible to achieve and align with team capabilities?
• Is the project actually solving any real-world problem?
• How does token distribution model work? Is it sustainable or not?
• Is the community behind the project strong and believe in long term potential or doing a FOMO shelling?

By asking these questions to yourself, you will be able to gain more valuable insights and make better investment decisions.

Acquiring the native launchpad token

Most of the Incubators often requires native tokens in order to participate in token sales on their platform. One of the easiest way to acquire Launchpad native token is through Exchanges. First, go to CoinmarketCap or Coingecko and search for their native token. On token listed page, go to the market section and there you will find a list of Exchanges both CEX and DEX where the native token of Launchpad is listed. Now, go to the platform based on your convenience and acquire as many native tokens as you like.

Participating in token sales

Once, you have acquired the native tokens of Launchpad, it’s time to participate in token sales. By navigating through the menu of Incubator’s site, select the project you are interested in and then input the amount you are willing to invest. After that, process your order by confirming your participation and wait for Blockchain validation. Once, your transaction is validated on Blockchain, the acquired amount of new project tokens will automatically be allocated to your wallet address.

How to Choose the Right Crypto Launchpad

Reputation and track record

When choosing a Crypto Launchpad, always double check the credibility of the team or organization who developed it. Even if it is founded by a reputable team/organization, don’t forget to do a background check by going through user reviews about the platform and trustworthiness score it has got since it’s launch.

Project selection process

After doing your research and due diligence to make sure that it’s a legit platform, don’t forget to check-out how they conduct new project audits and what is their project selection process, before listing them for investors.

Community and investor support

Community and investors’ support matters a lot when it comes to raising funds for new projects. So, don’t forget to go through social media handles of Crypto Launchpad to see how strong the community is and whether or not they are excited for the next ICO/IDO listing.

Best Crypto Launchpad Platforms

Bybit Launchpad

Founded by Ben Zhou, Bybit made it’s Launchpad public back in 2021 with the aim to give its users first-hand access to potential crypto projects that are not only legit but also are highly scalable and have adaptable framework. By committing BIT (Native token of Bybit), anyone can participate in the pre-sale of new cryptocurrencies.

However, the platform has some limits and condition to participate, such as its Basic Participation conditions, which include average daily holding of 50 BIT or 200 USDT during Snapshot, with a trading volume of equal to 50 USDT. Those who doesn’t meet this criteria won’t be able to join pre-sale.

Bitget Launchpad

Currently ranking in top #10 Exchanges worldwide according to CoinMarketCap statics for spot, Bitget was initially launched in 2018 and quickly gained popularity amongst traders, due to low trading cost and high liquidity. Bitget has its native Launchpad, which was launched in January 2022, enabling it’s users to participate in new cryptocurrencies ICO (initial Coin Offering) directly on the platform by using BGB (Bitget native token).

MEXC Launchpad

MEXC Launchpad is a platform that not only give access to new cryptocurrencies projects but also reward users with free airdrops on a weekly basis. To participate in MEXC launchpad, users must hold at least 1000 MX (Native tokens of Exchange) in their spot wallet for 30 days or so. Once, 30 days are passed, users can participate in pre-sale event and also enjoy additional benefits.

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