Top 10 Best Crypto IDO/ICO Launchpads in 2023
Fundraising for cryptocurrency projects has existed for over five years. There have been numerous attempts to attract investors for funding, including the popular ICO (Initial Coin Offering) and the IEO (Initial Exchange Offering) (Initial Exchange Offering).
However, a new type of funding method has recently gained prominence. IDO, or Initial DEX Offering, is a method for raising capital while mitigating some drawbacks of other funding options. Making contact with the best Crypto launchpad development company to avoid any huge loss is one of the best options available in the market.
Difference Between ICO and IDO
There are several significant distinctions between ICOs and IDOs. First, ICOs are typically more established than IDOs. This is because they usually have a long history and greater experience in the field. Consequently, ICOs generally are more well-known and credible than IDOs.
Moreover, ICOs are typically more heavily regulated than IDOs. Typically, ICOs must adhere to securities laws and other regulations. This indicates that ICOs typically have stricter KYC/AML requirements than IDOs.
ICOs typically raise more funds than IDOs. This is because they usually have a larger investor base and a longer track record.
10 Top IDO/ICO Launchpads for Crypto in 2023: –
GameFi is one of the Web3 ecosystem’s novel IDO launchpads. The GameFi IDO launchpad enables Web3 gaming projects to raise capital via Initial Game Offerings (IGOs), where in-game native tokens and assets are offered to investors based on their investment level. It is based on the Solana network, allowing faster transactions with reduced gas fees and energy consumption. In addition, it features an NFT marketplace, the ability to play multiple P2E games, and a metaverse.
There’s a good chance you’ve heard of Binance if you’ve had any involvement with cryptocurrency. However, only some people are aware that Binance has a cryptocurrency launchpad. Using the Binance token launch platform, blockchain projects can raise the capital required to expand the cryptocurrency market.
The audience of Binance benefits from using it. With over 10 million users, Binance can expose a new blockchain project to a large audience. Consequently, those who choose to IDO on Binance have the chance to interact with a large number of potential investors and users.
Binance does more than help a project issue tokens. As these crypto-based solutions prepare for launch, they receive a comprehensive advisory suite. Binance provides invaluable insight and experience, propelling each project’s development and production forward.
Binance could be better, but it is a well-known platform for fostering new blockchain projects and promoting their growth and adoption. The exchange is famous for its support of numerous projects and would be an excellent option for anyone seeking a venue for an IDO. You can also reap more potential from this opportunity by developing a Binance clone app for your users and earning handsome revenue.
TrustPad, a well-known IDO launchpad, is a multi-chain IDO launchpad platform. It is compatible with the BNB Chain, Ethereum, and Solana networks, as well as MetaMask, Trust Wallet, and WalletConnect wallets. It can facilitate decentralized fundraising campaigns for Web3 companies of all sizes. Using its decentralized mechanisms, the IDO launchpad platform has successfully assisted several Web3 businesses in raising capital. Users of the platform can learn the fundamentals of cryptocurrency investment and profit over time.
As the name suggests, Seedify is a DAO-driven IDO launchpad platform based on seed funding (Decentralized Autonomous Organization). To aid innovative entrepreneurs through decentralized means, all fundraising processes on the forum are governed by a governing community elected by community members. The Seedify IDO launchpad thrives on community participation and feedback, which is encouraging as we move toward the DeSoc (decentralized society). It may be ideal for experimental new-generation startups.
5. KuCoin Spotlight
KuCoin is an industry-leading cryptocurrency exchange with its token launch platform, KuCoin Spotlight.
Kucoin is a Chinese digital asset exchange. The company was established in 2013 and has become one of the country’s largest exchanges.
Kucoin offers an extensive selection of tradable digital assets, including Bitcoin, Ethereum, Litecoin, and others. The exchange also provides a unique Kucoin Spotlight feature, enabling users to earn rewards for trading specific digital assets. Kucoin is an excellent option for those seeking a trustworthy and user-friendly digital asset exchange.
The ICO launches of KuCoin Spotlight include Celer Network, Harmony, and Perlin.
6. DAO Maker
DAO Maker, one of the IDO launchpads focusing on retail crypto investors, securely assists startups in raising funds using growth technologies and low-turnover growth frameworks. Through the DAO Maker IDO launchpad, these frameworks encourage small-scale investors to become actively involved in venture capital. Entrepreneurs desiring to reach a larger community and raise funds may find the platform the best option. A community-driven DAO provides opportunities for crypto staking and stablecoin vesting.
The next IDO launchpad on our list is CoinxPad, which connects crypto projects with investors with similar interests. Multi-chain support sets CoinxPad apart from other IDO launchpads on our list.
With support for multiple blockchains, CoinxPad can attract investors from various blockchains. They will have access to the CoinxPad platform, which increases the blockchain project’s visibility regardless of the blockchain they employ.
Now, rather than being restricted to projects on a single blockchain platform (such as Ethereum), investors can view projects on Binance Smart chain, Ethereum, Polkadot, Solana, Avalanche, and others. Consequently, investors can view the best projects across numerous blockchains and networks.
In addition, CoinxPad incentivizes investors and users to continue utilizing its platform through a loyalty program. Investors receive rewards redeemable on CoinxPad, encouraging them to continue investing in the platform’s new projects.
FireStarter, one of Polygon’s most popular IDO launchpads, is the first to operate Initial Metaverse Offerings (IMOs) using the IDO model. The IDO launchpad platform facilitates Web3 initiatives based on metaverses, decentralized finance, gaming, and social portals. The platform’s prominence in the Polygon ecosystem helps unknown, and new crypto projects rapidly build communities and raise funds. In addition to being user-friendly for entrepreneurs, the platform provides numerous marketing tools for startups.
Red Kite is one of PolkaFoundry’s IDO launchpads, enabling users from multiple blockchains (Ethereum, Polygon, BNB Chain, Solana, Terra, and Polkadot) to participate in fundraising events. Red Kite’s IDO launchpad is rigorously vetted to ensure that all projects are legitimate and that tier systems are assigned based on user activity levels. In addition, the platform provides never-before-seen features for all parties, which will increase user satisfaction. It is suitable for any Web3 startup.
Starpunk is a Web3 gaming incubator driven by its investor community; it is one of the many gaming-based IDO launchpads. It uses a DAO protocol to regulate the activity, and there are no single points of authority within the platform. The platform is still in its infancy. Thus it’s low ranking. However, it has already demonstrated sufficient promise to become an IDO launchpad to watch over the next year. Starpunk could be the location of the gaming startups.
Previously, only venture capitalists and other large investors had access to the opportunities provided by launchpads. However, there are two compelling arguments for investing in a launchpad project. The primary objective is to gain access to the projects. The second reason is that you think the launchpad’s native token will be valued. Certainly, Starpunk, GameFi, and TrustPad are our top recommendations for platforms.
We hope you found this list of crypto launchpads useful, and we wish you the best of luck in your search for the best crypto launchpad investment platform.