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There is one universal truth in the crypto space – whoever gets in early, wins!
Crypto aggregators list projects when they get significant amounts of traction. Discovering and identifying projects when they are at an early stage is very difficult. Missing out on those projects means you’re leaving out massive returns on the table.
Is there a platform or an aggregator to discover early-stage crypto projects before they get to the mainstream? Absolutely, and we call them Crypto Launchpads. Think of these platforms as AngelList crypto.
Crypto launchpads have been gaining tremendous amounts of attention. They allow you to identify early-stage crypto projects and participate in their presale rounds. They also have a vetting process in place to avoid scams and rug-pulls, so you can invest with peace of mind without worrying about losing your hard-earned money.
In this guide, we will be discussing some of the most popular crypto launchpads that are available today.
Let’s dig in!
Binance is the leading cryptocurrency exchange and fastest-growing trading platform based on trading volumes. Launched in 2017, Binance, as a platform, has not limited itself to just being a cryptocurrency exchange. Instead, it has expanded into a complete ecosystem for all kinds of crypto services as it establishes a strong foothold in the fastest-growing sector.
The platform is lauded for its contributions to the DeFi industry and crypto ecosystem through its native token launch platform, Binance Launchpad. Binance Launchpad functions as a token launch platform that facilitates early-stage crypto projects to raise funds using IEOs.
Binance Launchpad is known as the first successful example of a crypto launchpad. With numerous successful projects under its belt, Binance has raised millions of dollars for upcoming and promising projects such as BitTorrent, Injective Protocol, and PancakeSwap.
Projects powered by the Binance Launchpads have seen significant growth in their numbers, reach, and success because the platform offers their IEO tokens to the 13 million active users on Binance exchange.
Binance Launchpad isn’t just a platform for putting up tokens for sales; instead, it also serves as an advisory service for upcoming projects. Binance helps streamline, motivate, and mentor upcoming crypto projects with their experience and insights.
Binance ensures the projects can access the best mentorship and marketing services so they can focus on the most critical developmental and technological aspects of the project.
Note that projects listed on Binance Launchpad aren’t just your usual projects. These projects are survivors of Binance’s rigorous review and verification processes, where Binance determines if the project is up to its standards.
Some of the factors that Binance factors in for the upcoming projects include:
- Promising project development roadmap
- Potential for large-scale adoption
- A dedicated and experienced team
- Ability to benefit the expansion of a broader crypto ecosystem
Once projects go through a selection process, they get featured on the Binance Launchpad to over 13 million active users on Binance who may be interested in participating and investing in the project’s token offerings.
Moreover, before investing in any project, users can do their own research via the platform’s research portal, Binance Research, where they can find all the key details of the project like:
- Project metrics
- The team behind it
- Overview and use-cases
- Roadmap, updates, and business development
- Updated development progress
- Activity and a community overview
- Community and social channels
All users have to do is complete their Binance verification processes. Binance ensures that tokens are sold in compliance with regulatory requirements.
A promising new entrant to the launchpad space, Red Kite is a…