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IDO Launchpad on Multiple Blockchain Networks

The digital revolution has been going on for a while and is about to transform the entire landscape of the digital sphere into something great, a place for great successes and profits.

By RagunathPublished 2 years ago 4 min read
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An Initial DEX Offering (IDO) is a fundraising method whereby a project launches a cryptocurrency, or token, through a decentralized exchange.

Remember that this type of exchange is based on liquidity pools, in which investors exchange tokens. The launch will receive funding from individual investors.

Some similarities can be observed with initial exchange offerings or initial exchange offers (IEO). Both aim to raise money to start a project and enable immediate trading, in addition to raising funds.

The first IDO launchpad development was introduced by Raven Protocol in June 2019 and listed on Binance DEX.

How does an IDO work?

The operation of an IDO is relatively simple.

A project attracts the general public for fundraising through a platform or launchpad that offers IDO services such as Uniswap , Binance DEX, and Polkastarter.

If the project meets the platform requirements, it is selected for an IDO.

Investors then buy the IOUs or notes of the token to be launched. A promissory note is basically the acknowledgment of that debt that the project now has with those investors. In other words, the tokens are paid in advance and those who do so will receive those tokens at the Launch Event.

Once the stages are completed, the token is immediately listed on a decentralized exchange.

Most of the tokens are based on the ERC20 standard, as many projects are currently built on Ethereum.

The digital revolution has been going on for a while and is about to transform the entire landscape of the digital sphere into something great, a place for great successes and profits. This revolution is led by the start of blockchain technology. Blockchain is at the core of every crypto-based digital application that is developed under the skill of decentralization. This rapid rise in the digital market has paved the way for trading platforms to get interested and develop their own businesses that are modeled after this impressive technology.

Numerous companies have entered this field, but it is estimated that not all enterprise platforms are successful. Most trading platforms don’t even make it to market. This arbitrary condition is due to one main reason i.e. there is not enough visibility and branding for the business project. The IDO Launchpad development concept is the solution for these problems faced by businesses in the blockchain domain.

IDO Launchpad: A Quick Overview

An IDO launchpad is a platform where crypto projects are listed and functions as a group of investors. Investors can invest in these projects that are listed on the launch pad. The investment process is carried out with the DEX Initial Offering (IDO) model.

DEX initial offering is a fundraising model in which the crypto currency or token is launched through a decentralized liquidity exchange. This decentralized platform relies on the liquidity pool where investors can trade tokens, which includes stablecoins and cryptocurrencies.

There are IDO projects on the market that are not listed on any launchpad. These projects act on their own and do not depend on any other external help but this method is very time consuming and lead generation is limited. Therefore, listing projects on the launch pad is an effective way to attract investors and allow them to help listed projects grow exponentially.

Launchpad is built on various blockchain technologies and each of these launchpads is unique and has its own style of operation. Depending on the features, the launchpad is selected for business. But, the question of how investors get into the business project is entirely based on the tokenonomy and the whitepaper of the project. These two are the most important factor for any business project to be listed on the IDO launch pad.

Characteristics of an IDO Launchpad

An IDO launchpad opens the door to extensive business opportunities for projects and allows them to implement their ideas and tokens into the cryptocurrency ecosystem with ease.

The inclusion of crypto projects on the IDO launchpad increases the visibility of the project and allows investors to invest more in the project, which is very beneficial for the future.

An IDO launch pad is inherently built with automated liquidity pools that allow users to invest funds in the liquidity pools and generate returns.

Blockchains that are used for the development of Launchpads

ethereum

Binance Smart Chain

Moles

Kusama

rope

Launchpads Dominating the Blockchain Space

BSC Pad is an impressive launchpad that lists trading projects on the Binance Smart Chain network. This launch pad takes full advantage of the Binance Smart Chain platform. The launchpad works with the ability to initiate transactions cheaply and generate high returns. These features lead to attracting a huge amount of attention from the digital audience and provide seamless opportunities to companies involved in the blockchain space.

Polkastarter is a launchpad that is built on top of the Polkadot blockchain. It is a multi-chain compatible decentralized platform that is designed to start active auctions and token pools without network congestion. Since Polkastarter is based on the Polkadot network, they can generate links between public and private blockchains effortlessly. These multi-chain protocols allow the Polkastarter platform to function as a perfect launchpad for business models to grow their brand value, capital and also create a stable crypto ecosystem.

Secure Pad is a launch pad that is made of cutting edge futuristic functionalities. The main goal of this launchpad is to easily bring top-tier quality commercial projects to the crypto ecosystem. This platform works with the integration of two main functionalities; decentralized incubation and IDO launchpad development company . These functionalities are completely separate but are combined and provide the necessary support to the platform and trading platforms that are listed. Secure Pad is estimated to be the network that encourages all business sectors to build their business on the blockchain network effortlessly and efficiently and support them with successful functionalities.

Ending,

An IDO Launchpad is a very essential component for crypto mastery. It simplifies the complications that are present in a business project by attracting a large number of investors and buyers to the platform. Everything appears perfectly on the IDO launchpad and it’s also a perfect marketing tool.

visit : https://www.blockchainx.tech/white-label-launchpad-development

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About the Creator

Ragunath

Safe and Secure Blockchain Technology Service Provider

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