Launchpads are printing
Get in or Get rugged.
It’s the 49th edition of The Gems Corner, and today we will be looking at launchpads, fair launches, and other alphas, as usual.
It’s no news that we are in a bull market, the token pumps can attest to that. Not just that, but also the frequency of new token launches, be it memes or utility tokens.
Most projects see the bull market as a window to launch their tokens and cash in on the free marketing that bullish market sentiment brings - which is where launchpads come in.
A crypto launchpad refers to a platform or service that helps new cryptocurrency projects launch their initial coin offerings (ICOs) or token sales.
Before we dive into launchpads, there is an alternative way of launching tokens, especially meme coins. It’s just by sending your tokens to random addresses with the prospect of getting airdropped your allocation upon token launch. I wouldn’t recommend this, as they are largely scams, and the success rates are usually slim.
Look at this research by ZachXBT on those presales, most of which went to zero.
Launchpads are one of the easy ways to make money in crypto, even as a newbie. You just need a bit of research about the project before ape-ing. Profit is not guaranteed though, but at least, you’d break even.
With that out of the way, let’s look at some promising launchpads to keep an eye on.
Fjord Foundry is the leading launchpad, offering transparent Liquidity Boostrapping Pools (LBPs). They’ve launched some big projects like Ordiswap, Mozaic, Cadence, and Vector Finance, to mention a few.
They’re multichain, and about to launch their token soon. If you’ve been using the platform for a while, you’ll likely get an airdrop. Easily my one of favorites on this list.
A next-generation launchpad for degens. It took off in 2023 on a high note after launching SatoshiVM which did about 299.36x in token profits for participants. Even though there was some controversy around that sale, Ape Terminal has proved itself after that launch to be the people’s choice.
Coinlist is the oldest and OG launchpads on our list. They’ve launched some of the biggest protocols in DeFi with a huge success rate - highly recommended. I use them often as well.
Eclispe is a Cosmos and Layer2s-focused launchpad. They launched their native token on their platform, Bonus Block, and Aethir - all fair and transparent. Keep an eye on their upcoming launches.
1intro is Solana’s first Liquidity Bootstrapping Platform (LBP) on a mission to bring fairness to Solana. It’s a new platform and haven’t conducted any sale yet, but definitely worth keeping an eye on. With the hype around it, the first sale could easily do multiple Xs in profits.
NB: There are a couple of amazing launchpads out there, but these are my favourites, and ones I use for now. Would update the list as I try out others.
Alpha Bites and Tweets
Claim your Wormhole airdrop - link
Avail Light Client Challenge - link
Polytrade Early Community Reward - link
Check Kamino airdrop eligibility - link
That’s a wrap.
Thanks for reading!
Until next Friday,
Viktor DeFi.
PS: I’d love to hear your feedback and comments.