Launchpad

A launchpad in the crypto world is a platform that helps new blockchain projects raise capital by offering early access to their tokens through methods like Initial Coin Offerings (ICOs), Initial DEX Offerings (IDOs), or Initial Game Offerings (IGOs). Launchpads provide a platform for projects to reach a broad audience of potential investors, while giving users the chance to participate in token sales at an early stage, often at lower prices. Examples of popular crypto launchpads include Binance Launchpad and Polkastarter. For investors, launchpads offer the potential for high returns, but they also come with high risks, especially if the project fails to deliver on its promises.