The digital world has evolved day by day since the turn of the millennium. First, smartphones, then Web 2.0 applications that changed the way we think about the Internet, and now Web3 applications that incorporate blockchain. Because cryptocurrencies and non-fungible tokens already exist, blockchain provides us with the potential for new applications on a daily basis. Every day, new blockchain-based businesses emerge. However, not all of them are successful, and some are forgotten before they have a chance to settle. The Initial Dex Offerings (IDO) LaunchPad was created to address these concerns.
Creation of a new multi-chain IDO Launchpad
Let’s look at the different IDO Launchpads and how to create one in this blog.
What exactly is an IDO Launchpad? IDO Launchpad is a platform that lists cryptocurrency-based projects and serves as an investor pool. Investors can look for and purchase tokens for specific tasks. The Initial Dex Offering (IDO) model is used throughout the process.
Initial DEX Offering (IDO) Model
The IDO model is a funding model in which a project’s crypto tokens are launched through a decentralized crypto exchange. It became popular following problems and fraud associated with other crypto-based funding models such as ICOs and IEOs. This model works with both cryptocurrencies and new stablecoins designed to combat cryptocurrency volatility. Some IDO projects may not appear on the launchpad because they can operate without sufficient funding, but there are a few examples of such IDO projects that have been successful. As a result, as a new entrepreneur, you should list your projects on the IDO LaunchPad to attract potential investors. Please keep in mind that because each IDO launch pad is designed for a different blockchain, it behaves differently. Potential investors can still only see the white papers and tokenomics of the projects in which they want to invest.
IDO Launchpad- Salient Features
IDO Launchpad ensures that your project is matched with the right investor. Project owners can use such a launchpad to present their ideas and goals to the larger crypto community. Posting your business projects on the IDO LaunchPad will increase their visibility and reach. Investors can learn more about the project and, if interested, invest in it. To sum up, the IDO Launchpad platform increases the likelihood of a successful crypto business project. Investors can profit from the built-in automated liquidity pool by investing capital in it.
A Multi-Chain IDO Launchpad: What Is It?
Each launch pad has unique qualities because, as was indicated before, it is set up to operate on the blockchain. It is challenging for project owners and investors to recall the distinct qualities of each blockchain because new blockchains are going live every day. The idea of a multi-chain IDO launch pad was created to solve this problem. Some of the functionality required to make the platform functional on many blockchains are present in it. In particular, it offers crucial advantages like high liquidity and rapid market trading, so business owners simply need to select the blockchain in accordance with their needs. Let’s examine some of the well-known IDO launchpads in more detail.
BSC IDO Launchpad
The BSCIDO Ranch Pad is an IDO LaunchPad that is powered by the Binance Smart Chain and includes all of the chain’s fantastic features. Here are a few of this IDO LaunchPad’s fantastic features:
- First, BSC Launchpad offers a cutting-edge security solution to manage high user traffic and safeguard your portal against harmful threats.
- In order to make token distribution and investing simpler, IDO Launchpad also contains a Web3 wallet that supports a variety of cryptocurrencies and stablecoins.
- The backend infrastructure of the Launchpad site is incredibly efficient and responsive, operating without a hitch in practically all circumstances.
- The Launchpad offers the launcher, or project owner, a customizable portfolio that can be altered to meet their needs and incorporate extra features.
- By offering additional services like a token list, integrated KYC (Know Your Customer) portal, instant trading, and instant liquidity, it further improves the BSC launchpad.
Cardano IDO Launchpad
The Cardano blockchain is used by this IDOLaunchPad, which offers the renowned Cardano efficiency. The following are the major characteristics of the Cardano IDO LaunchPad:
- All IDO pages in the Launchpad portal have a list of IDOs in their corners. This enables potential investors to decide wisely before purchasing IDO tokens for the project.
- Potential investors can download and read the white papers of businesses offering IDOs in the Cardano chain offline, unlike on other platforms.
- This is a fantastic feature since in some circumstances, reading the complete white paper can impress investors.
- IDO tokens can be listed on well-known decentralized exchanges by a launch pad like Cardano in order to raise money by making the tokens accessible to the larger crypto community.
Ethereum IDO Launchpad
Being one of the earliest and most utilized blockchains in the crypto world, Ethereum is also one blockchain that hosts a wide variety of IDO launchpads. Their layer two protocol — the Polygon, ensures more efficiency in the Ethereum environment. In the below points, we can see some of the features of the IDO launchpad based on Ethereum.
- Such a launchpad platform will host a reputed Web3 crypto wallet for transactions and token acquirements, ensuring a secure and convenient experience for the user.
- An IDO launchpad on Ethereum can allow business owners to customize their portfolios as per their needs.
- Like the Ethereum blockchain, the IDO launchpad will also be protected using advanced security features which can defend against any threats and mitigate them effectively to make the portal safe.
- As the IDO is listed on a decentralized exchange (DEX) where liquidity is very high, investors can hold and trade their investments immediately.
Polkadot IDO Launchpad
Polkadot is a user-based blockchain that is dependable and places a focus on accessibility, sustainability, and regular updates. Let’s now examine some of the main characteristics of the Polkadot chain-based launchpad.
- Tokens can have immediate liquidity thanks to the IDO Launch Pad. Investors will profit from this, and in time it might take over as the preferred platform.
- The stability of IDO tokens is provided by such a launchpad platform by imposing restrictions on the investment flow (fixed swap).
- The Polkadot Launch Pad can give entrepreneurs the chance to quickly acquire capital and offer transparency all in one go.
- It is a workable method that doesn’t jeopardize functionality’s effectiveness and security to list tokens on such a launchpad.
Summary
The above-described multi-chain IDO launchpad will be used to manage and control future cryptocurrencies and funding campaigns for real projects. Such platforms guarantee a wider range and therefore attract investors around the world. Therefore, introducing an IDO launch pad that works with multiple blockchains is an idea that will quickly gain momentum.