Register for streaming realtime charts, analysis tools, and prices.
What would crypto be without its community? The users are what makes blockchains and dApps so innovative and powerful, and for this reason gaining the right amount of attention is a very delicate step in a project’s path to success. Choosing the most appropriate way of launching a crypto project, be it an IDO, airdrop or others, might be pivotal to determine a project’s success and popularity. Each approach has its own benefits and drawbacks for both projects and contributors, which is why it’s important to always stay up to date on the best that the market has to offer. While front-running an airdrop is usually impossible for non-insiders, choosing the right launchpad can be quite rewarding and relatively simple!
In this article we will explore three of the most innovative launchpads that are poised to take 2022 by storm.
VLaunch, the First Influencer-Backed Launchpad That Has Exploded in the End of December
Those who have been in crypto for a long time may be familiar with MMCrypto and CryptoMo, the popular Youtubers who together count over 600,000 subscribers and who are well known as crypto experts and content creators.
With their combined experience, the two crypto veterans have decided to develop a platform that aims to democratize participation in tier-1 IDOs and help projects reach larger audiences instead of just fabricated hype.
The VLaunch launchpad was launched on December 15 and immediately attracted popular attention. The public sale of VPAD tokens, which enable users to take part in IDOs on the launchpad without any additional whitelisting, has immediately reached over $6,000,000 in trading volume, while giving out more than $30 million in free tokens to the community.
The secret to VLaunch’s popularity lies of course in the personalities involved, who are some of the largest opinion leaders in the crypto ecosystem.
The Launchpad is backed by popular influencers like MDX Crypto, Bolsa Para Principantes, That Martini Guy, Altcoin Buzz, Daniel Mihal and many others who are able to assist the projects with public outreach.
VLaunch is also a multichain platform that embraces blockchains such as Ethereum, Binance Smart Chain, Polygon and Fantom, and it will introduce Cardano and Solana too. The project has raised $3 million from a private sale involving Brilliance Ventures, Skynet, Metavest Capital and several others.
Bybit Launchpad, the Platform for Early Access to Pre-Listed Tokens
Bybit Exchange, the global crypto exchange hub, has recently released its own Bybit Launchpad, a platform that aims to take the best out of new and promising DeFi projects while protecting both businesses and users.
The Launchpad is in fact accessible only to those who have completed the 1st step of the KYC process and it ensures that users receive a certain allocation of new tokens of their choice.
The amount of new tokens acquired by a user is calculated on his average holding of BIT, Bybit’s native token. This amount is monitored daily through snapshots, so it rewards long-term holders most.
As an example, if a new crypto project starts an IDO, the exchange will take daily user balance snapshots for a few days. At the end of that period, those users who want to take part in the token distribution will be allocated with an amount of tokens determined by the average of BIT tokens held monitored during the snapshot period.
With its Launchpad, ByBit aims to exclusively bring the most innovative DeFi and crypto projects to its users. Although the Launchpad is new, it has already delivered some successful IDOs like izumi Finance, an innovative protocol that provides programmable liquidity on Uniswap V3.
Bybit is ideal for those who always are on the cutting edge and who want to discover the newest and most exclusive crypto projects. Given the size and market position of the exchange, you can expect its IDO projects to be more carefully selected and in demand, so the flipside is that they may be harder to get into!
SolRazr, the Solana dedicated Launchpad, Accelerator and Developer Ecosystem
When talking about up-and-coming and inclusive launchpads released lately, SolRazr shouldn’t be ignored.
The hub, entirely focused on boosting Solana-based DeFi and NFT projects, has launched in the beginning of November with its launchpad, and has immediately gained attention and success. For example, after only ten weeks, SolRazr has closed the biggest IDO for any launchpad, raising $6.04 million for Chingari, the “Indian TikTok”.
In addition to that, SolRazr has also launched three other top-rated projects like Xhashtag, Racefi, and Synchrony. Other NFT, DeFi, and crypto-games projects have already announced their IDOs on SolRazr.
What made SolRazr launchpad so popular is that contributors can cash out their allocation before the project’s TGE, a feature that makes SolRazr users an exclusive elite. However, SolRazr is at the same time extremely inclusive and very careful about the feedback of its community, which counts around 107,000 members on Telegram and over 144,000 followers on Twitter.
By making some updates based on the community feedback, SolRazr introduced two new tiers: Soil, which requires 1000 SOLR tokens to be staked, and an “Open Community Pool”, which enables stakers with a low amount of staked SOLR (starting from 4) to participate in IDOs.
SolRazr was built to become the most open and efficient hub for Solana supporters and developers, with an accelerator and a unique toolkit to be released soon. If you’re deep into the Solana ecosystem, SolRazr is definitely the place to look at for the best ecosystem plays.
