---📌 Simplified definition:
Launchpad
It is a platform or tool that helps new projects in the crypto world raise funds before officially launching the currency or project, and is also known as:
Crypto Incubator or Token Launch Platform.
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📣 Why is Launchpad important?
It allows you to buy the currency before it hits the market.
The price is often very low compared to what it will be after the launch.
An opportunity for early entry into projects that may succeed like $SOL or $APT.
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🛡 How do Launchpads work?
1. The project presents itself to the platform (like Binance Launchpad).
2. The project is examined in terms of technology and credibility.
3. Users contribute a certain amount (usually through a specific token like BNB or $ID).
4. Upon completion of funding, tokens are distributed to investors before the official listing.
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✅ The most popular Launchpad platforms:
Binance Launchpad BNB
The most secure and regulated
DAO Maker USDC or ETH promising and diverse projects
Polkastarter POLS
Focus on multi-chain projects
CoinList USD
Very famous for strong launches like FLOW
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🔖 Points to pay attention to before participating:
Not every project succeeds.
Study the idea, team, and project plan.
Some platforms require staking your tokens.
This means you cannot sell them for a certain period.
You may need KYC (identity verification) on centralized platforms like Binance or CoinList.
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🔍 Practical example:
I participated in Binance Launchpad with BNB.
The platform announced a new project.
You were allocated a certain amount of tokens in exchange for BNB.
After the listing, the currency price rose by 3x within hours.
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⬇️🛡 Summary:
Launchpads are a gateway to enter crypto projects before everyone else.
But success in them requires understanding, patience, and not rushing behind "the hype."