One proven way to make good money in crypto is to find great projects before they launch and invest in them.
This involves participating in new token sales where you buy a project’s token at a discount before they are listed on an exchange.
And one of the best places to find these new projects early enough is on the various crypto launchpads.
What are crypto launchpads?
Crypto launchpads are platforms that help new cryptocurrency projects raise money through token sales.
They help both crypto investors who want to invest in an early project to maximise profit and startups looking to raise money, gain exposure, and users for their project.
Why are crypto launchpads important?
Before now, every new project usually conducts its initial coin offering (ICO) or new token sales on its website.
Users will send their money to the team and they, in turn, receive a share of the new token.
The problem started when scammers begin taking advantage of this process.
Sometimes they will collect investors money and disappear before it’s due for them to send the promised new tokens.
At other time, investors will receive worthless tokens of a project which the team have no plans to develop.
This has made many investors wary of participating in any new token sales by unknown teams, and thus difficult for genuine projects to raise money.
Hence why crypto launchpads became a thing. They helped restore trust to ICOs again.
They help audit and verify every new project that wants to raise money through their platform so that you can invest with some level of assurance.
Below is a comprehensive list of the top crypto launchpads where you can discover new and promising projects to invest in before they go mainstream.
Top 8 crypto launchpads
Gain early access to some of the best new crypto projects with the following launchpads.
- Binance Launchpad
- TrustSwap Launchpad
- Raydium AcceleRaytor
- BCHPad Launchpad
- Anypad Launchpad
- Polkastarter Launchpad
- Seedify.Fund Launchpad
- Enjinstarter Launchpad
Let’s briefly discuss how to participate in new token sales on each of the above-listed launchpads.
1. Binance Launchpad
Binance Launchpad is one of the most active and largest Launchpads owned by the Binance Exchange.
The Binance Launchpad token sale is in 4 stages:
- The BNB holding calculation period
- Subscription period
- Calculation period
- Token distribution period
To participate in new token sales on Binance Launchpad you need to hold BNB (Binance Coin) in your Binance account for a period of 6 days.’
If you don’t have a Binance account, you need to create one and complete KYC. Click HERE to get yourself a Binance account.
Your average BNB balance on Binance within this snapshot period will be used to calculate the maximum amount you can commit to buying the new token.
For example, if you had 10 BNB during this 6 days snapshot period, you will be able to commit 10 BNB to the new token sale.
However, the amount of the new token you get depends on the ratio of your committed BNB against the total committed BNB by all participating users, multiplied by the total token available for the sale.
For example, if the total BNB committed is 1,000,000, you had 100, and the total tokens available for the sale is 100,000,000.
100 ÷ 1,000,000 * 100,000,000 = 10,000
You will get 10,000 which is 0.01% of the total available tokens for the sale.
So, the more BNB you commit, the bigger your share of the new token.
2. TrustSwap Launchpad (TrustPad)
To participate in TrustSwap Launchpads, you must first complete their KYC requirements and stake a minimum of 4000 SWAP to qualify 1x allocation.
Optionally, if you have a TrustScore (Your SwapScore is your Daily Average SWAP Staked over the most recent 60-day period) of 2500 or more, you automatically get a guaranteed 1x allocation which is the minimum level of participation.
Whenever a new project is coming to TrustSwap Launchpad, the team will announce via a blog article to describe the process you must follow to participate.
Basically, there would be a 24 hours application window, during which time you must filling the application form to participate in the token sale.
If your application was successful, you will receive an email confirming the maximum amount you are allowed to contribute to the token sale.
And within 24 hours, you have the opportunity to send these funds in to get your share of the new toke.
However, if you fail to make payment after 24 hours, your position will be given to the next participant in line and you will lose it.
You can make payment in USDC or USDT (either ERC20 or BEP20).
3. Raydium Launchpad (AcceleRaytor)
This Launchpad only supports projects that are launching on Solana, and each project being launched have its own participation rules.
However, basically, to be eligible to take part in new token sales on the Raydium AcceleRaytor program, you have to stake a minimum of 50 RAY tokens on the platform.
The amount of RAY you have staked and for how long (7 days, 30 days, or 90 days), will determine the number of tickets you get, up to a maximum of 21 tickets.
Remember, the eligibility requirements differ for every project. So, ensure to follow the Raydium blog, social media accounts, and watch the AcceleRaytor page for the specific requirements of each launchpad project.
4. BCHPad Launchpad
BCHPad is an IDO (initial DEX offering) platform or launchpad built on the smartBCH network.
The projects enable serious projects looking to build on smartBCH to raise money and acquire users quickly by going through their private doxxing, auditing, and verification process.
Every project that wants to do a presale on BCHPad is required to allocate a portion of their token supply for BPAD.
This will be distributed to all qualified holders of the BPAD token.
To become a qualified holder, one must hold a minimum of 20,000 BPAD (currently worth $280).
In other to be able to buy the new token in the presale, you need to pay a fee of $15 worth of BPAD. Then you can use the accepted coin (usually WBCH) to buy the new token.
Once the token is listed on a DEX, you will be able to claim your token into your wallet.
5. Anypad Launchpad
Anypad is a decentralized, multi-chain launchpad and exchange that claims to be the hassle-free way for developers to launch their new crypto projects on a variety of Blockchains.
Anypad uses a 3-pool system to ensure a fair distribution of tokens to everyone who wishes to participate in token sales on its platform.
The 3 pools (Anypad Public pool, Anypad Bounty Pool, Anypad private pool) all have different dynamics and are targeted at different audiences.
5.1 Anypad Public pool
The Anypad public pool is designed for all users, both holders and non-holders of Anypad tokens (APAD).
Users can participate in this pool by contributing any amount of USDT they want to use.
However, their actual allocation depends on the total funds contributed by all participants in the pool and the amount to be raised.
For example, let’s assume you contributed $10,000.
The total contribution made by all participating users is $1,000,000.
And the total amount to be raised is $100,000.
Your allocation would be 10,000/1,000,000 * 100,000 = $1,000.
You will only receive $1,000 worth of the new token, and the remaining $9,000 of your money will be refunded to you.
5.2 Anypad Private pool
The Anypad private pool is designed specifically for APAD holders with a minimum of 10,000 tokens.
Based on the amount of APAD tokens you hold, you will receive winning tickets which gives you the right to get an allocation in a new token sale.
This 10k minimum holding only gives you winning tickets which will be entered into a lottery system. Your ticket may win an allocation or it may not.
However, if you want to get a guaranteed allocation, you need to hold a minimum of 25,000 APAD tokens.
Once you have the required number of APAD tokens in your wallet, the next step is to whitelist your wallet, and maintain your APAD balance for 2 days before the new token sale date.
A snapshot of all wallet balances will be taken at a random time within the 2 days to allot winning tickets to the wallets as per their APAD holdings.
Once that’s done, you will get the number of tickets your APAD holdings qualify for, which will determine the total amount you can contribute to the new token sale.
For example, if each ticket allows you to contribute $50 and you get 5 tickets, you would be able to buy $250 worth of the new token.
Check out the private pool allocation table below to see how many tickets you will get for the amount of APAD tokens you hold.
5.3 Anypad Bounty pool
The Anypad bounty pool is designed for farmers.
You can use your APAD farms’ LP tokens to farm more APAD tokens in the Anypad bounty pool as well as get an allocation in new token sales on their launchpad.
The total amount you can contribute is proportional to your share of the pools.
6. Polkastarter Launchpad
Polkastarter is a multi-chain launchpad that enables developers with budding ideas to raise money for their new projects.
Projects launching on Polkastarter are said to be highly-vetted and supported by industry-leading creators and funds.
Polkatstarter uses the lottery system to select people who can participate in the new token sales.
First, you need to whitelist your address for every launchpad project token sale. Whitelisting makes your address eligible to participate in the token sales.
For your wallet to be eligible for whitelisting, you need to:
- hold POLS in your wallet for a minimum of 7 days
- Hold POLS liquidity provider tokens on Uniswap or PancakeSwap for a minimum of 7 days
- Stake POLS in the staking dashboard and locked for 7 days
The number of POLS in your wallet, LP tokens, or staked POL will determine your POLS power which is used to calculate how many lottery tickets you can get.
For every 250 POLS Power you collect, you have one entry in the lottery for every launchpad project you whitelist for.
So, if you have, for example, 1000 POLS Power, you will have 4 lottery tickets when you submit your address to be whitelisted.
And because launched projects choose whitelisted addresses at random, the more tickets you have, the greater your chance of being selected.
Now once you’ve whitelisted, you will be required to complete the Polkastarter KYC procedure which they say, is to ensure fairness and that no bots have been whitelisted by accident and to comply with the regulation.
Once KYC is completed, you will then wait for the launch date and time of the IDO.
You can participate in an IDO on either Ethereum or BSC (Binance Smart Chain).
Just ensure that you have sufficient funds in your wallet to cover your allocation (and fees) prior to the IDO so you’re ready to go.
PS: Note that if you have successfully participated in an IDO, you cannot whitelist the same wallet for another IDO until after 7 days.
7. Seedify.fund Launchpad
Seedify is a launchpad that primarily helps high-quality blockchain gaming projects raise money to fund their development as well as community building and marketing.
By participating in Seedify Initial Game Offerings (IGOs), you will be able to get the tokens of upcoming blockchain games before they get listed on exchanges.
The first step to participating in a Seedify IGO is to complete its KYC process.
The second step is to determine which of their 9 tiers or participation levels you want to operate with.
The tiers system determine how many SFUNDS you have to buy and the allocation amount you get to participate in the IGO.
Tier 1 is based on a lottery system whereas tiers 2 to 9 have guaranteed allocation in the IGOs but with different weights.
The more SFUND you hold, the higher your tier and the bigger your allocation in the new token sale.
Higher tiers also give you added value benefits such as the opportunity to participate in private round sales which is available to tier 6 above.
And tier 9 makes you eligible to participate in seed rounds. Thus giving you the opportunity to get the new tokens at even lower prices.
Once you have acquired the amount of SFUNDS you need, you have to stake it for at least 24 hours prior to the IGO to be considered for the whitelist.
This is because snapshots for IGOs are taken 24 hours prior to each IGO.
Once you’re all set up and the IGO day arrives, you only need to connect your whitelisted wallet to Seedify and purchase the new token up to your maximum allocation.
Your tokens will be sent to your wallet after dex listing according to the vesting schedules.
Your tokens will be sent to your wallet after they must have been listed on an exchange and according to the vesting schedules.
8. Enjinstarter Launchpad
Enjinstarter is a blockchain gaming launchpad focused on growing the Enjin ecosystem and the metaverse.
To participate in new token sales on Enjinstarter you must first complete KYC and acquire the required amount of EJS tokens.
Enjinstarter uses a 2-tier allocation system based on how many tokens you hold and how long you have held them in your wallet:
- community allocation pool (CAP)
- guaranteed allocation pool (GAP)
The community allocation pool is on a first come first serve basis. And you require a minimum o 1,250 EJS to participate in this pool.
However, the guaranteed allocation pool ensures that you always get a proportional share of the launchpad projects based on the tier you belong to.
The guaranteed allocation pool is divided into 3 tiers, each with different weights:
- Universe (Tier 1), which requires you to hold a minimum of 25,001 EJS, and has a tier weight of 25.
- Metaverse (Tier 2). This requires you to hold a minimum of 100,001 $EJS with a weight of 125.
- Multiverse (Tier 3), requires you to hold a minimum of 500,001 $EJS and weighs 700 points.
So, the size of your allocation in each launchpad project is determined by how many EJS tokens you hold and for how long.
That means the more EJS you hold, and the longer you hold it, the larger your allocation will be.
You can claim your purchased tokens by visiting a claim site after the token generation event (TGE) of each launchpad project or IDO.
One of the important things in crypto is that, if you’re able to buy into a project early, you will make a lot of money.
And crypto launchpads allow you to identify early-stage crypto projects and participate in their pre-sale rounds.
In this post, we have discussed several top crypto launchpads. They all have a vetting process that the projects they host have to follow to avoid scams and rip-offs.
So you can invest with some level of assurance and peace of mind without, worrying about losing your hard-earned money to cheap scammers.
However, you must know that there’s still risk involved in buying into new projects.
The business could fail, the project can be hacked, and you could still lose money due to one reason or another.
So always invest what you can afford to lose, and hope for the best.
PS: I will be regularly updating this post to include new and more launchpad projects.