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As with every other venture, cryptocurrencies also need to have fundraisers in order to have a successful launch and achieve the goals on their roadmaps. While the majority of cryptocurrencies usually launch without an initial presale, most successful ones do so. These presales are known as Initial Coin Offerings (ICOs) or Initial DEX Offering (IDOs).
Fundraising is one of the most important aspects of a business. The same could be applied to cryptocurrencies. There have been many cases where some cryptocurrencies have failed to do what they promised because they could not accumulate enough funding for the launch. Perhaps the most important feature of these initial funds is that they show other potential investors that the project is legit and aims to achieve big things in the long run.
Hence, with cryptocurrencies slowly becoming one of the most important forms of money in the 21st century, knowing how to have these initial token sales is essential.
The best way to do it is through crypto launchpads. There are tons of crypto launchpad protocols on the internet that aim to provide you with everything you need before going live with your project. Therefore, in this article, we will provide you with a list of some of the best launchpad protocols in the crypto market. But first, let’s briefly explain how launchpads work.
What are Crypto Launchpads?
As the name suggests, crypto launchpad protocols provide you the space to successfully launch your cryptocurrencies. Besides raising funds, launchpad protocols give you other services, such as token creation, potential marketing services, exposure, and much more.
Both the creators and the investors benefit from these launchpads. Creators finally have a space to easily launch their projects and raise the necessary funds to move toward the project’s goals. On the other hand, investors could explore potentially lucrative investments as early investors during the presale.
Besides the obvious advantage that launchpad protocols provide, the ones on our list are considered very safe. To illustrate, if you regret your contribution to a token, you can withdraw your contribution. Or, if the project fails to reach its fundraising goals, you will receive your contribution back.
With that said, here are some of the best crypto launchpad protocols of 2022.
Best Crypto Launchpads 2022
Pinksale
It’s not a surprise that PinkSale tops this list as it has distinguished itself from the rest of its competitors with its simple yet very efficient services. As one of the best launchpad protocols in the crypt market, PinkSale provides users the medium to launch tokens very easily. To illustrate, even if you do not know coding or how to launch a cryptocurrency, PinkSale provides you with all the necessary tools.
You can design the tokenomics, the brand, the vision, and the whole concept of your cryptocurrency through PinkSale. You can also set presale rules for investors. For instance, if there is a whitelist of investors that should have earlier access to the presale, then you can add the wallets that are eligible for the presale first, and then you can have a presale with other investors.
Moreover, you can also set a soft cap or hard cap criteria, which will show potential investors that you have a specific fundraising goal in mind to tick the boxes in the roadmap.
Some features that have made PinkSale stand out from the rest of the crowd are:
- Pinksale Bot,
- PinkSale Airdrop
- PinkSale Lock
- KYC/AUDIT Services
- Marketing Partners to help the launch of the project.
With more than 10 million users every month, PinkSale remains one of the best crypto launchpad protocols in the market. Despite its very low fees for its services, PinkSale is compatible with a lot of blockchains. Some of them are the Binance Smart Chain (BSC), Ethereum, KuCoin, Polygon, Avalanche, and Fantom. As a result, PinkSale has successfully helped more than 9,000 crypto projects launch and has had fantastic growth over the months.
Binance Launchpad
With millions of users monthly, Binance Launchpad is also one of the best crypto launchpad protocols in the market. Though many might see it as a shortcoming for this protocol, Binance Launchpad only supports BSC-based cryptocurrencies.
While it is only compatible with the Binance Smart Chain, it is still one of the most used launchpads, primarily because of the wide range of tokens in the BSC network.
So far, Binance Launchpad has proved successful and effective for both creators and investors. Hence, it could prove to be one of the best names on this list.
BSC Pad
Yet another BSC-based crypto launchpad is BSC Pad. Similar to the Binance Launchpad, BSC Pad focuses only on users of the Binance Smart Chian. It is worth noting that BSC Pad is the first-ever IDO launchpad in the BSC network. This gives BSC Pad more credibility and a loyal user base.
Similar to Pinksale, BSC Pad has the antibot system, which prevents the presales from being overflown with bots that take all the whitelists. Hence, BSC Pad aims for fairness for every investor willing to partake in IDOs.
Unicrypt
Intending to unite developers, incubators, and investors in the same space, Unicrypt is also a good shout in terms of crypto launchpad protocols.
Unicrypt’s partnerships help creators develop the token, review it, and launch it in the best way possible. Moreover, it provides the incubation space for the token as well as helps to raise funds in an efficient manner.
Lastly, the website is quite user-friendly, so investors do not have a hard time searching for potentially profitable IDOs to invest in.
Different from the last two on the list, Unicrypt supports Ethereum, Binance Smart Chain, and Polygon networks.
TrustPad
In terms of safety, TrustPad is perhaps one of the best crypto launchpad protocols that come to mind. Security is the most important thing for TrustPad. This emphasis is whose with the support that TrustPad gives to the Certik Skynet.
TrustPad’s partnerships have helped TrustPad make a name for itself in the market so far, given the vast services that this launchpad protocol provides. Some of these partnerships include Twin Apex Capital, Meridian Capital, Tokenova, Lupa X, Wealth Union, 4SV, etc.
While other crypto launchpads have their native tokens as well, users can use Trustpad’s TPAD token for staking, which then allows you to have even earlier access to some IDOs. In addition, TrustPad offers launchpads for tokens on the Binance Smart Chain, Ethereum, and Solana.
StarPunk
StarPunk mainly focuses on NFT and Play-to-Earn cryptocurrencies. StarPunk is a decentralized autonomous organization (DAO), and it is the best launchpad protocol for decentralized gaming. With the latter gaining more attention over the years, it’s essential to use such launchpads for a successful launch. It has never been easier for gaming developers to showcase their projects than with StarPunk.
Despite decentralized gaming or NFT-based cryptos, developers can also launch other cryptocurrencies through StarPunk. As a result, StarPunk is slowly increasing its market share as a crypto launchpad, and it could easily become one of the most-used ones in 2022.
Takeaways
- Initial token sales are essential to have a successful launch of a cryptocurrency.
- Crypto launchpad protocols provide IDO services for token developers.
- PinkSale and StarPunk are two of the best crypto launchpads for 2022.
- Other great crypto launchpads are Binance Launchpad, the BSC Pad, Unicrypt, TrustPad, etc.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.