If you’re looking to launch your own cryptocurrency, you’ll need a good launchpad. With many options out there, it can be difficult for crypto project owners to choose the right one for their specific needs and goals.
In this article, we present the 20 best crypto launchpads on the internet right now.
Crypto Launchpad 101
Crypto launchpads are essentially platforms that help launch crypto projects. They serve as incubators for crypto companies, providing a way for investors to gain an early foothold in projects before they issue tokens in a public ICO.
Projects found on launchpads tend to attract funds by offering their coins at a discounted price in order to boost demand and attract more investment attention in the project before taking it public.
Launchpads therefore serve two roles: providing project owners with a platform to build interest and attract investment, and giving investors early access to potentially lucrative projects.
Different launchpads offer different types of features and advantages to both investors and project owners. The best out there offer intuitive and customizable usability, and have robust measures in place to mitigate the risk of fraud, which unfortunately continues to be an issue in the crypto space.
However, choosing which launchpad to use – whether you are a project owner or an investor – depends on a wide range of different factors.
Crypto launchpads tend to implement enhanced security and transparency for project creators and investors. The most reputable implement a rigorous vetting process that screens projects before they are admitted to the platform. For verifying users, launchpads tend to use an extensive KYC (Know Your Customer) process through a third party.
Robust KYC AML forms the cornerstone of crypto launchpads’ anti-fraud and anti-scam measures: these measures effectively vet investors and projects, establishing their identity in order to ensure accountability and to weed out bad actors or projects that have a high risk of failure or fraud.
Now let’s take a look at KYC-Chain’s Top 20 launchpads:
DuckStarter is a token sale launchpad that works with Ethereum, Binance Smart Chain and Polkadot networks. The platform is geared towards retail investors rather than funds, providing early investors with access to innovative product features.
DuckStarter has a very strong track record and is currently one of the most active launchpads – it has launched over 60 projects and boasts an average ATH ROI of 1.971%.
Polkastarter is a launchpad protocol built on the Polkadot network. It allows project owners to launch secure, decentralized ICOs, and is inbuilt with technology enabling cross-chain token exchanges that are designed to prevent market manipulation by large single actors (commonly known as whales).
The platform has launched 106 projects, making it one of the most prolific launchpads.
DAO Maker is another retail investor-focused platform that has various protocols and features that are geared towards making the investing process safer and less risky for investors.
The launchpad has launched over 80 crypto projects.
Firstarter is the first launchpad to offer an IMO (Initial Metaverse Offering). FireStarter works on the Polygon network, and is focused on providing investors with opportunities to make early investment in Metaverse-integrated projects.
Binance Launchpad is the exclusive token launch platform of Binance, one of the world’s most long-running and widely-used crypto exchanges.
It offers a one-stop solution for projects to raise funds and gain exposure, and has supported some of the most successful token launches, such as Fetch.AI, Celer Network, and BitTorrent. As of 2022, it has raised over US$90 million in funds for over 64 projects, reaching over 3.5 million participants.
BSCPad is a launchpad that is centered on providing a fair, equitable and decentralized platform for projects to issue tokens and raise liquidity. The platform has been designed with the intention of keeping token level entry barriers low to encourage investment from investors of all sizes.
Using a proprietary two-round system, BSCPad ensures all investment tier levels receive an allocation to a launch. The platform works with a wide range of users, including small and medium sized businesses, working to build a more democratic and equitable crypto space that is not dominated by large players.
The GameFi Launchpad is a platform provided by the e-sport ecosystem that allows investors to gain early access to blockchain based games. This is achieved through an IGO – an Initial Game Offering – with early investment often being contributed to game development.
This system is providing gaming concepts with the seed capital to reach full development and realize some of the incredible visions being proposed for gaming on the blockchain.
Seedify is a blockchain innovation hub that also includes a DAO-driven seed-stage fund. The incubator is decentralized and geared towards innovative blockchain projects.
The community is governance-driven and is defined by high levels of feedback, community involvement and diverse funding mechanisms. Seedify’s vote-driven vetting rounds allow practically anyone with an innovative crypto concept to float the idea to the community to gain an initial permission to launch the project.
Ethereum Launchpad offers a new and exciting one-stop shop for crypto projects, even allowing users to create their own Ethereum-powered cryptocurrency before launching it in an ICO. The launchpad itself is powered by the Ethereum blockchain, using smart contracts to manage token sales.
TrustPad is a highly-secure, decentralized multi-chain fundraising platform. Its KSP is that it provides early-stage investors with extensive and diverse ways to learn about a project’s operations, allowing for a frictionless limit order experience. It works with a wide range of projects and users including small and medium-sized businesses and individuals.
Bounce is a decentralized launchpad that offers a full, end-to-end solution that allows anyone to create, design and trade a wide range of digital assets, including tokens and NFTs. Its services are offered across a range of blockchains, with ETH serving as its native utility token.
Ignition is the launchpad platform of PAID Network, a blockchain-based decentralized application platform (DAPP) ecosystem. Users can create their own policies to ensure they get paid. Paid is well known as being the pioneer of on-chain SMART contracts.
Ignition is geared towards advanced crypto projects that are subjected to high levels of vetting. PAID offers its partner projects with extensive incubation tools and advisory services in order to maximize the potential for a project’s success post-launch.
The Gate.io Startup is designed by the Gate.io exchange as a new, innovative and secure IEO platform. Launched in March 2022, it is centrally managed and institutes extensive due diligence on the projects it agrees to launch, providing added fraud protections and security for investors.
Kucoin Spotlight is Kucoin exchange’s exclusive token launch platform. Admittance to the platform is determined by Kucoin’s research team, composed of over 20 individual experts. Screening is especially rigorous with the goal of only allowing high quality crypto projects onto the platform. Kucoin has supported token launches such as Polymath, Quantstamp, and Dragonchain.
Red Kite is a launchpad powered by PolkaFoundry. It is designed with investor security and equitably at its core, offering a range of proprietary features to ensure fair access, transparency and decreased risk.
BoostX is a launchpad platform that fields a wide range of crypto projects. The platform offers a unique suite of customizable choices for project creators to adjust their project’s parameters, including pricing, bonuses, rewards and many other personalizable options. Projects that are selected through BoostX’s rigorous vetting process also benefit from extensive and comprehensive marketing efforts from the platform.
OKX’s Jumpstart launchpad is the exclusive token launch platform of OKX (formerly OKEx), one of the most popular and well-trusted exchanges in the space. The platform is designed with crypto enthusiasts in mind, and has supported token launches such as Harmony, Pundi X, and Bluzelle.
The Solster Finance launchpad is part of the Solster Finance ecosystem – a platform that also includes a decentralized exchange, a token swap platform, a lottery and various staking and vesting tools.
The Solster launchpad guarantees token allocations to participants, and has already launched over 20 projects.
Unicrypt Launchpad is the decentralized launchpad platform of Unicrypt Network. The decentralized launchpad has low barriers for entry, opening the platform to crypto projects of all shapes and sizes – and making a launch of a project fast and simple.
Launchpool takes an egalitarian approach to launching and incubating blockchain and crypto projects. The platform brings together a wide range of crypto stakeholders including investors, experts, influencers, customers, traders and growth hackers that collectively pool their various expertise and resources in order to maximize a project’s chances of success.
Conclusion
Launchpads have given crypto project creators a wide and diverse range of options for attracting early-stage investors and growing their concepts into reality. The space is constantly evolving, and new approaches to more egalitarian, fair and rewarding launch systems are always under development.
That being said, the crypto space’s journey towards greater security and success both for project owners and investors is still ongoing. By using robust, efficient and scalable automated KYC technology that can be customized according to specific parameters and factors, launchpads can ensure they remain compliant with global regulations while also protecting their users from the risks of fraud and failure.
Looking for an automated KYC partner for your launchpad? Get in touch and we can tell you more about how KYC-Chain can be the right choice.
