Check out these 4 high-potential blockchain project launchpads

Disclaimer: The Industry Talk section contains insights from crypto industry players and is not part of the editorial content of Cryptonews.com.

Crypto-launching sites have emerged as an important source of capital for new blockchain projects. They give developers an easy way to raise money from their biggest believers – the communities that grow up around their apps.

These days, there are dozens of crypto-launchpads around, catering to decentralized projects in the metaverse, DeFi, GameFi and NFT industries. The premise is pretty simple in that launchpads give developers a way to advertise their projects and seek capital from a pool of investors only too eager to find new gems that have the potential to go to the moon.

Most crypto launchpads are quite sophisticated platforms. In many ways similar to old-fashioned startup incubators, their primary goal is to raise funds for the projects they support. In addition to providing much-needed cash, they also help projects build a community of loyal users from which they can leverage vital expertise in areas such as technology, marketing and more. The money is raised by selling some of the project’s initial token supply at what is promised to be a discounted price. This attracts many investors who believe in the project and believe that the token price will eventually grow far beyond what they paid at the time.

In this way, launchpads address both developers and investors. Developers get the money and skills required to bring their ideas forward, while investors get the opportunity to profit from successful projects.

What follows are four of the most popular launchpads in the crypto industry right now, known for creating a steady stream of promising ideas that deliver viable use cases for blockchain technology.

UpLift DAO

After first launching in November 2021, UpLift DAO is the newest launch on our list. Nevertheless, the Binance-based multi-award-winning platform has already proven to be immensely popular thanks to its unprecedented accessibility.

UpLift DAO performs extensive due diligence on each of the projects it supports, assessing the project’s team of founders and the technology behind it to ensure it can be trusted and offers a viable use case.

Where UpLift DAO really sets itself apart from the competition is through accessibility. Most launchpads require a fairly significant upfront investment before people can participate in IDOs. Because of this, many launch pads are seen as exclusive clubs for rich “whales” that exclude the normal person on the street.

Not so with the UpLift DAO, which requires a minimum stake of just 100 LIFT tokens. So even if LIFT goes to the moon and the price goes up by 100%, it still won’t cost an arm and a leg to invest in projects on the platform. With such a low minimum stake, it means investors have more money to throw at the projects they support, making it a win-win for both users and developers. At the same time, it operates a Fair Lottery system for potential investors that ensures a “whale-proof” approach to IDOs, allowing fish of all sizes to access the opportunities it provides.

At the same time, Uplift DAO is more inclusive, giving users the opportunity to stake 10,000 LIFT or complete a series of tasks to gain the same benefits as venture capital firms. In addition, Uplift DAO offers protection to investors, with a full refund guaranteed if the project’s token prices fall within 24 hours of the token generation event.

No wonder UpLift DAO has already hosted a number of successful project launches, with NFT4Play raising USD 200,000 in BUSD last November, and YouMinter raising USD 450,675 in BUSD last December.

In addition to being accessible, UpLift DAO is also very inclusive. It is governed by a decentralized autonomous organization, meaning that LIFT token holders can propose updates to the protocol and propose new projects to support, with the community voting on whether or not to implement these ideas.

All in all, UpLift DAO makes investors feel very welcome, while providing extensive support to the projects launched on the platform. As more and more projects look to tap into the huge potential of crypto crowdfunding, UpLift DAO will be one to watch.

TrustPad

As the name suggests, TrustPad prides itself on being one of the “safest” launch sites, and goes above and beyond in its efforts to protect its user’s investment funds.

TrustPad’s launch pad is powered by its native SWAP token and provides a full service of subscriptions, cross-chain token swaps and shared payments. To invest in TrustPad projects, investors are required to stake a minimum of 4,000 SWAP tokens. Once that’s done, they’ll get early access to dozens of hot prospects. However, an investor’s chances of getting in on the action depend on how much they bet. Giving the bare minimum means they will enter a lottery, with the chance to invest in any of the projects. However, investors can stake 45,000 SWAP tokens to guarantee participation in the IDOs of their choice.

What is special about TrustPad is its unique Trust Swap mechanism, which aims to eliminate the risk of blanket pulling and immediate selling of the tokens as soon as they are issued. Rug pulls are the big fear of crypto investors, and refer to scam projects that just take their money and run. Instant sales are also not good as they can quickly crash the price of any nascent token. The prospects for both are significantly reduced thanks to TrustPad’s SmartLaunch toolbox, which unlocks tokens allocated to early adopters and the project’s team until a certain development milestone is reached. With this mechanism in place, investors can rest assured that no one can throw them under a bus. In addition, the developers of the project are held accountable to society, and will therefore be more motivated to keep what they promise.

There are other benefits as well. For example, TrustSwap generates publicity for new projects, offers marketing support and visibility. Since launching in September 2020, it has raised more than $20 million in funding for projects including Glitch Finance, SOTA, BitCashPay and Chain Games.

Polka starts

A decentralized multichain crowdfunding platform that lives on the Polkadot blockchain, Polka starts is uniquely able to provide access to dozens of projects not only in the Polkadot ecosystem, but also on Ethereum, Binance Chain, Avalanche, Polygon and other prestigious blockchains.

The Polkastarter platform features well-known auction systems, including Dutch auctions and closed-bid auctions, plus dynamic and fixed exchange mechanisms to ensure fair access. At the same time, it offers strong security and safety with password-protected private pools, smart contract swaps, price alerts and a transparent whitelisting process.

The original POLS token acts as the gateway to IDOs on Polkastarter, with investors having to stake at least 3,000 POLS to gain early access to the projects it incubates. Users can also earn rewards by staking their POLS tokens. Furthermore, POLS is also used to pay transaction fees on the platform and participate in governance.

However, note that users must first provide liquidity to the protocol before they can stake their POLS and earn rewards. This is because Polkastarter is looking to create one of the largest decentralized token launch pools and auction platforms in the industry. As such, it must create a highly fluid tokenomics structure capable of handling the volume of transactions it will support. To do this, it offers various incentives and rewards for users who provide liquidity to token pools.

Although investors need quite a bit of capital to participate, Polkastarter offers a lot of value. To date, it has launched more than 109 ideas while raising over US$48 million in capital to support them. This metric is likely to continue to build as the platform showcases a seemingly endless stream of projects in the DeFi, GameFi and metaverse spaces.

Occam’s Razer

As the first and most prominent IDO platform on the Cardano blockchain, Occam’s Razer is a good place for both developers and investors.

OccamRazer is one of the main elements of Occam.fi, which is designed to be an all-in-one DeFi hub that sits on top of the Cardano ecosystem. It was built by a team of seasoned Cardano blockchain veterans to fulfill a critical adoption need within the ecosystem, which previously lacked a viable seed platform.

OccamRazer specifically offers investor protection with a full suite of compliance and RegTech tools. It gives startups that build on Cardano a seamless path to raise capital while building a loyal community of fans and users. At the same time, it provides a feature-rich experience for liquidity providers and ADA holders with traditional DeFi incentives incorporated into the platform to generate liquidity.

The platform relies on the IDO mechanism to raise funds for the projects it supports, and provides full transparency in the token allocation process. At the same time, ADA token holders can generate passive income by providing liquidity to start up new token pools.

To date, OccamRazer has launched 28 projects on its platform, one of the latest of which is WingRiders, an Automated Market Maker DEX built on top of Cardano that raised 1,289 BNB (Just over USD 300,000). Before that, Web3 gaming infrastructure platform Arenum raised 351BNB ($82,100) on OccamRazer.

Crypto Crowdfunding is here to stay

The success of all four platforms shows that while the concept of launchpads is still relatively new in the crypto space, it is already providing enormous value to the industry. The trend towards crowdfunding means that the most promising up-and-coming crypto projects are no longer limited to wealthy venture capitalists. Rather, crypto launchpads have started a paradigm shift that has made new blockchain ideas more accessible than ever before, while paving the way for developers to implement them. Today, everyone can participate and enjoy the benefits of supporting their favorite ideas and projects right from the start.