A launchpad in the crypto world is a platform that helps new projects raise funds by offering early token sales to investors like you.

Instead of waiting for a token to hit major exchanges, launchpad users get access at pre-launch stages, often through events like IDOs (Initial DEX Offerings) or ICOs (Initial Coin Offerings). It’s basically the crypto version of investing in a startup before it goes public.

So, why bother with a launchpad?

• Lower Entry Price: Tokens are often sold below their future market price.
• Exclusive Access: Not everyone can join—meaning less competition.
• Project Vetting: Good launchpads screen projects to reduce scams (but DYOR still applies!).
• Community Perks: Some offer whitelists, loyalty rewards, or bonus allocations.

Getting in early could mean huge profits… if the project takes off.

Run by big exchanges like Binance, Huobi, or KuCoin.

Pros:

• Trusted platforms.
• Easier for beginners.
• Built-in liquidity post-launch.

Cons:

• Strict KYC/AML requirements.
• Sometimes limited to users from specific countries.

Examples: TrustPad, Polkastarter, GenieSwap, DAO Maker, BSCPad.

Pros:

• More privacy (sometimes no KYC).
• More variety in project types.

Cons:

• Higher technical barrier for beginners.
• Riskier with less oversight.

Getting a guaranteed spot isn’t always easy. Launchpads use different allocation models.

You stake a certain amount of the launchpad token and enter a lottery. Winners get allocation rights. Good for fairness, but luck plays a big role.

Hold more launchpad tokens? You move up tiers. Higher tiers often mean:

• Guaranteed allocations.
• Bigger investment limits.
• Exclusive project access.

But… it often means locking up more funds for longer periods.

Let’s get real for a second. Launchpads = High risk, high reward. Here’s why:

• Token Dumping: Some projects crash after launch when early buyers sell.
• Project Failure: Not every new crypto project survives.
• Locked Tokens: Some require vesting periods, limiting your ability to sell.
• Scams: Rug pulls still happen—even on vetted platforms.

Moral of the story? Always DYOR (Do Your Own Research).

Crypto launchpads are like being backstage before the concert starts. You get front-row access to projects before the world knows about them. Sure, it’s risky. But the rewards? Potentially massive.

If you’re ready to dive into early-stage crypto, launchpads could be your ticket. Just remember: Research first. FOMO later.

To learn more about DEX check out our article How Do DEXs Work? Smart Contracts, Liquidity Pools & More Explained.