What is Launchpad?

Crypto Launchpads are platforms or methods used to finance cryptocurrency projects and offer tokens to the public. Cryptocurrency projects, often in their development stages, use Launchpads to raise funds to bring their projects to life. What Are Crypto Launchpads? These platforms provide investors with the opportunity to gain early access to the tokens of early-stage projects. This potentially allows them to buy tokens at a lower price and reap profits if the project succeeds and the tokens gain value at high rates. On a crypto Launchpad, the project team initiates a process to offer tokens to the public. This process is usually time-limited, and investors can buy tokens during this period. Crypto Launchpads typically require a KYC (Know Your Customer) process, and in some cases, investors may need to own or hold a certain amount of a specific cryptocurrency. Launchpads play a vital role in both financing projects and providing […] The post What is Launchpad? appeared first on COINTURK NEWS.