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How I made $2000 with Crypto Launchpad

How I made my first $2000 with Crypto Lauchpad

By Jasmine watsonPublished 11 months ago 5 min read
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How I made $2000 with Crypto Launchpad
Photo by Kanchanara on Unsplash

In 2017, I made my first $2000 from launchpad, and ever since then, I’ve been involved in crypto startup projects.

Participating in cryptocurrency projects early may be advantageous. Take, for instance, the investors who purchased Bitcoin (BTC) in 2011 and are currently profiting from their investment. They tried something new because they saw its potential.

A new fundraising platform has emerged as worldwide adoption of cryptocurrencies grows: the launchpad for crypto Launchpads enable cryptocurrency investors to discover and invest in early-stage cryptocurrency projects prior to their public listing. They are therefore able to purchase tokens at a low cost and increase their profits as their value rises.

Despite market volatility that saw Bitcoin fall from $60,000 to around $35,000, Ether (ETH) fall by 40%, and Dogecoin (DOGE) fall by 45%, crypto has seen a significant rise in popularity in recent years. The Biden administration's efforts to regulate cryptocurrency have also intensified the push for regulation.

In spite of these happenings, interest in cryptocurrencies has never been higher. Crypto launchpads may provide the ideal platform for investors and the general public looking for the next big thing.

Launchpads enable the founders of crypto projects to raise capital for their businesses and raise awareness for a small fee. In addition, launchpads provide investors and founders with a safe way to meet and connect.

What exactly is a crypto launchpad?

A crypto platform, in some cases called a crypto hatchery, is a decentralized trade (DEX)- based stage where crypto projects are presented and can get financing. Early-stage sales of crypto tokens are made available to the project’s crypto investors prior to their public listing.

Financial brokers consider this to be an extraordinary opportunity to benefit from a future cost increment by purchasing tokens at low costs and selling them at a benefit later on. The platform also has the potential to attract additional crypto projects for funding because of the low launch cost.

The platform will make it easier for new founders to connect with the pool of cryptocurrency investors and fans eager for the next exciting venture.

Numerous new coins and projects were launched in 2021, at the height of the bull market, and investors poured money into them. However, many of them lost money because they lacked the necessary skills or time to screen the projects, and some of them were scams.

Conversely, trusted crypto platforms perform an expected level of effort in the interest of clients and financial backers, which is one more justification behind their developing fame. A third party is hired to verify the Know Your Customer (KYC) status of new users for brand-new projects in order to safeguard investors and founders alike.

What is the operation of a crypto launchpad?

Crypto launchpad platforms connect cryptocurrency projects and communities that are interested in them. Platforms assist pioneers with fund-raising from possible clients and financial backers and allow financial backers an opportunity to expand their profit from speculation.

Investors are drawn to a company because of its transparency and safety. Clients who make another record will normally be exposed to a KYC cycle to check their character. Additionally, this procedure makes it harder for someone to circumvent the system by carrying out transactions under multiple aliases.

Each cryptocurrency launchpad will have its own selection of carefully selected cryptocurrency projects as well as current status information. The price and start date of these projects, for example, should be accessible to interested investors. Once the sale begins, investors will also be able to purchase specific tokens.



Crypto launchpad token sales are similar to blockchains in that they provide transparency and make it simple to track how each token is distributed. Retail investors can now put money into early-stage tokens thanks to this. It also discourages "pump-and-dump" strategies and promotes an even distribution of tokens among investors.

What advantages do Crypto launchpads offer?

Platforms are favorable for bringing digital currency undertakings and financial backers together. Other advantages include the following:

LOW COSTS

Some launchpads don’t charge anything for listings, while others charge a small fee. By lowering entry requirements, some launchpads make project start-up simple and quick.

SECURITY

Launchpads thoroughly vet both users and projects, protecting everyone involved. Launchpads do not store user funds, so it is also unlikely that a breach would occur. Investors hold complete ownership of their assets. Tokens are accessible following buy without requiring a handling period.

How to use crypto launchpads Some general steps are as follows: However, the crypto launchpad they use may cause them to differ slightly:

SORTS OF CRYPTO PLATFORM

Starting DEX offering (IDO) platforms:

IDO platforms are decentralized stages for crowdfunding. Here, tokens representing assets on a DEX are traded. FireStarter, BSCPad, GameFi, Seedify, and TrustPad are all well-known IDO launchpads.

Starting NFT offering (INO) platforms:

INO platforms permit financial backers to subsidize projects in which an assortment, of non fungible tokens (NFTs) are made available for purchase on the stage. A couple of INO platforms are Only1, BSCStation and Seedify.

Launchpads for initial coin offerings (ICOs) ICO launchpads let project founders sell tokens to investors to raise money to finish developing their blockchain projects. In the hope of receiving a significant return, investors will invest money in promising projects. CardStarter, Binance Launchpad, and Polkastarter are all well-known ICO launchpads.

Initial game offering (IGO) launchpads Game and metaverse developers can obtain funding for their projects through IGO launchpads. IGOs, play-to-earn projects, gaming utilities, and NFTs related to them are hosted on these launchpads. A few instances of IGO platforms are Gamestarter, Enjinstarter and PlayPad.

What makes a good crypto launchpad?

It’s important to research the right launchpad before investing in or starting a cryptocurrency project.

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About the Creator

Jasmine watson

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