What is Launchpad?

What is Launchpad?
In the topara market, launchpad refers to a platform or service used to support the launch and fundraising processes of new projects. It is usually provided by a crypto trading platform. In this article, you can find the answer to the question "What is Launchpad?"

What is Launchpad?

Launchpads provide access to early-stage crypto projects and make it easier for investors to invest in them. Projects offer the project's cryptocurrency for a certain period of time through the Launchpad platform. Investors can support the project by purchasing these cryptocurrencies.

Launchpads often require you to pre-register for cryptocurrency sales. Cryptocurrency trading platforms may request payment in the cryptocurrencies they produce. In this way, investors obtain the project's cryptocurrency before it is listed and have the potential to earn serious income depending on the success of the project in the future.

Launchpads can make it easier for new and innovative crypto projects to access financing, while offering investors the opportunity to invest in early-stage projects.
How Does Launchpad Work?

The launchpad of cryptocurrency projects starts as a result of certain criteria and evaluations. Projects that pass the evaluation process plan the pre-sale of their cryptocurrencies through platforms. Cryptocurrencies are usually pre-sold for a certain period of time and a limited amount. Investors register on the platforms and fulfill the conditions offered to purchase the cryptocurrency offered for pre-sale. In general, pre-sales are carried out at a certain price and rate and are brought together with investors. Then, investors can preferably keep the cryptocurrencies they purchased through pre-sale or sell them after waiting for them to be listed on any cryptocurrency trading platform.
What is the Difference Between Launchpad and Launchpool?

While Launchpad refers to a platform where new crypto projects are launched and cryptocurrency sales are carried out, launchpool refers to a pool that offers liquidity and staking opportunities for cryptocurrencies. Both are used to raise early-stage funding for crypto projects and provide early investment opportunities to investors, but they have different functions.