![]() ![]() Examples include Enjinstarter and Gamestarter. Initial Game Offerings (IGOs): Game developers can raise funding for their projects and monetize their tokenized in-game NFT creations. Initial NFT Offerings (INOs): Content creators can offer investors early access to a specially curated limited edition digital collection. Initial DEX Offerings (IDOs): Decentralized crowdfunding platforms where investors can purchase project tokens without the need for a centralized exchange. Examples include Binance Launchpad and Polkastarter. ![]() Initial Coin Offerings (ICOs): Crypto project founders can offer investors tokens in exchange for funding. There are various forms of initial offerings. Launchpads will generally provide potential investors with important information on the projects hosted on their platform such as the price and date of the token launch, the business model and underlying technology involved.Īlso, unlike traditional investment platforms, crypto launchpads seek to democratize access to funding and level the playing field for both retail and institutional investors. They also employ a comprehensive Know Your Customer (KYC) process to verify the identity of potential investors through a third party. Most credible crypto launchpads also have a stringent due diligence process in place to screen projects before hosting onto their platforms. However, given the sheer number of projects in the rapidly evolving world of crypto, discerning the promising ones can be a daunting task.įortunately for investors, they can leverage on the vetting and due diligence conducted by crypto launchpads to help them minimize the possibility of investing in low-quality or worse still, fraudulent projects which are outright scams.What are crypto launchpads and how can they help us spot the next $FET?Īlso Read: 5 Resources You Need To Get A Job in Crypto & Upskill Yourself What is a Crypto Launchpad and How Does It Work?įollowing the 2017 Initial Coin Offering (ICO) craze, thought leaders in the crypto space have been deliberating ways to create a more structured, reliable and sustainable crowdfunding process.Ĭrypto launchpads are effectively platforms that act as incubators for early-stage crypto projects they serve to connect these projects with potential investors.Įarly investors get a headstart and stand to maximize their return on investment as they get to purchase tokens offered by these projects prior to them being publicly listed at an attractive price. In September 2021, $FET reached an all-time high of $1.17, close to 14x of its price during the token sale! ![]() Getting in early to crypto projects can be immensely profitable for crypto investors. This is just the beginning □ /RSp4VMkfx3- Fetch.ai February 25, 2019Īs the saying goes, “the early bird catches the worm”. Thank you to everyone who participated in the sale. The token sale on #Binance Launchpad took 11 minutes and 14 seconds to complete □ ![]()
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