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Crypto launchpads have emerged as a vital source of capital inflow for new blockchain projects. They give developers an easy avenue through which they can raise funds 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 provide a way for developers to advertise their projects and seek capital from a pool of investors that is only too eager to find emerging gems that have the potential to go to the moon.
Most crypto launchpads are pretty sophisticated platforms. Similar in many ways to old-fashioned startup incubators, their primary goal is to raise funds for the projects they back. In addition to providing desperately needed cash, they also help projects to build a community of faithful users, from which they can tap into 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 lots of investors who believe in the project and think that its token price will eventually grow far beyond what they paid at the time.
In this way, launchpads cater equally to both developers and investors alike. Developers get the money and the skills required to bring their ideas forward, while investors get the opportunity to profit on successful projects.
What follows are four of the most popular launchpads in the crypto industry right now, known for
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