A crypto launchpad, often referred to as an Initial DEX Offering (IDO) platform, is a platform that facilitates the fundraising and token distribution process for new cryptocurrency projects, particularly those built on decentralized finance (DeFi) protocols. Launchpads provide a mechanism for these projects to launch their initial token offerings and distribute tokens to the community.
Crypto launchpads facilitate the launch of new tokens. This process often involves the sale of a project's native tokens to early investors, community members, and supporters.
Over the years, launchpad have been great source of huge income for participants across all exchanges and platforms and recent statistics from Token Hunter on teitter shows that it still provides significant source of profits for participants.
Just recently, UP was launched on Bitget after a 5-day launchpad with the initial offering at $0.1. It was however listed at $1.75 posting a ROI of 1,650%.
The success of this launchpad further underscores the untold potentials of crypto launchpads which might be the best and safest way to earn big bucks in crypto.