Launchpad
A launchpad is a platform that hosts token sales for new crypto projects, giving early investors access to tokens before public trading begins.
Understanding the Concept
Launchpads can be extremely profitable. Getting into projects at pre-market prices, then selling at listing, has made fortunes. Binance Launchpad projects often 10x-50x. But access requires jumping through hoops—holding the platform's token, lottery systems, staking requirements. The best launchpads (Binance, Bybit, OKX) are competitive and expensive to access. Smaller launchpads have more availability but higher scam rates. Always research projects thoroughly—launchpads don't guarantee quality. Many launches dump immediately after listing. Have an exit plan before you enter.
Real-World Example
Binance announces a new launchpad project. To participate, you need to hold BNB for a snapshot period. Based on your BNB amount, you get an allocation. The token launches at $0.10, opens trading at $2.00. You 20x your investment in a day.
How Strykr Helps
Strykr tracks Launchpad developments across the crypto ecosystem. Our AI provides real-time insights and alerts to help you navigate the market with confidence.
Try Strykr Free