Best 10 IDO Launchpads for Web3.0 Projects

by ImmuneBytes

Bitcoin was probably one of the earliest things to smash the world with blockchain technology. Then came Ethereum in 2014, fixing the technology in the real world with the concept of smart contracts. It favorably allowed a variety of domains to find their space in the crypto world. 

Consequently, there was a deluge of new projects launching on various blockchains. Thus, the requirement for supporting these new crypto projects. Initially, ICO, IEO, and others came as a source of fundraising, but they had their own set of flaws. Thereby, IDO or Initial DEX offering came in as a decentralized exchange-based platform for launching new coins, tokens, and crypto projects.

IDOs are becoming increasingly popular, and new launchpads frequently join the crypto world. 

In the upcoming blog, we will analyze the top 10 IDO launchpads for web3 projects in addition to discussing IDO launchpads, their importance, and the steps to launch an IDO on a launchpad.

What is an IDO launchpad?

IDO(Initial DEX offering) Launchpad is a crowdfunding methodology for new crypto projects. Here, projects can raise funds through decentralized exchange platforms by releasing their IDO tokens.  

Look at the following schematic to understand the IDO launchpad in a nutshell. 

IDO launchpad in a nutshell.

Importance of an IDO launchpad

Trending in the crypto world for some time now, IDO launchpads have become almost synonymous with the new projects launching on the mainnet. 

The following are a few advantages of IDO Launchpad:

  • Liquidity

The decentralized platform on which the coins are launched contributes to improving liquidity.

  • Possibility for Growth

IDO Launchpad improves the project’s clarity and aids in getting support for the project’s expansion.

  • Chance for Investment

The way it highlights viable crypto initiatives aids people in acquiring the funds they deserve.

  • Beginner centric

Provide an opportunity to invest in early crypto projects before they are listed publicly. It enables investors to buy tokens at a low cost, giving them chances to maximize their ROI. 

How do projects launch an IDO on launchpad? 

A fundraising strategy known as an Initial DEX Offering (IDO) aggregates investment funds from retail investors.

IDOs are successful because DEXs can offer instant token liquidity. DEXs can function without any unanticipated interruptions for their use because of liquidity.

Most projects give the DEX liquidity by distributing a portion of the funds to aid trading.

Following is a step-by-step methodology for projects to raise their IDO using an IDO launchpad: 

In reality, launchpads are becoming congested. Not all are consistently successful in securing top-notch projects for their users. Due to this, choosing a launchpad might be difficult in itself. Keeping this in mind, we will look at the top 10 dominant launchpad platforms for web3.0 projects.

How do projects launch an IDO on launchpad?

Step 1: Create a business plan

Devise a tentative timeline, the project’s aim, the problems it addresses, and fund allocation for every project component.

Step 2: Provide whitepapers, websites, and other marketing collateral.

A clear and comprehensive white paper covering every detail of your project’s functioning, and the aim it seeks to achieve, is of utmost importance. The white paper employs statistics to convince investors that the project is an effective investment option.
Additionally, a well marketed is usually beneficial to push the investor’s confidence.

Step 3: Choose a DEX launchpad of your choice

In this blog itself, we have mentioned the top 10 launchpads for web3 projects. Choose the one that best suits your requirements. Read about its terms and conditions, and go ahead with your project’s listing.

Step 4: Generate the crypto-token

There are many applications that users can use before generating their crypto token. Following the completion of the IDO and Token Generation Event (TGE), the tokens are listed for trading on the DEX.

Step 5: Launch the token and start raising funds for your projects.

The project team creates a token pool. Investors can prepay for their tokens in a token pool.
Once the TGE occurs, shortly after the IDO, the investors will receive their tokens. By conducting an auction in this way, the issuer can achieve a price determined by supply and demand as opposed to setting a fixed price.

Top 10 IDO launchpads

DAO maker

Built on the Ethereum platform, DAO maker is considered one of the most trusted IDO launchpad platforms, citing its longevity and high standards.


Through IDO-like offers, the platform was one of the first to start democratizing access to new initiatives.
DAO Maker creates and invests in growth technologies as well as funding habitats that develop ways to reduce the concerns of investing in cryptocurrencies. For one to launch a project with DAO Maker’s IDO platform, it works with 1inch, Wanchain, and Ronin, among others.

Additional Resource: What is Dao?

Polkastarter

A permissionless DEX, Polkastarter, created for cross-chain token pools and bids, allows projects to raise funds in a decentralized and open-source setting based on Polkadot. The platform enables ICO projects to raise money by creating a swap pool with a defined token purchase rate. Until the initial supply has been purchased, the swap pools preserve the token price throughout the sale.
Community members are not allowed to participate in IDO listing provided they offer liquidity or hold a particular quantity of POLS in their wallet, currently held at 250 POLS over a week.

Pinksale

PinkSale protocol promises to enable everyone to conduct their inaugural token sale and introduce their token.
The best projects created on the platform are given the PinkSale platform token, which has the ticker PINKSALE. Using PINKSALE, users can pay any fees on the platform. The site invests 20% of its quarterly income towards repurchasing and burning PINKSALE. Burning tokens effectively removes them from the supply, lowering the quantity in circulation and raising the token’s value.

Pulsepad

Pulsepad is a launchpad platform built on Pulsechain, an Ethereum fork designed to be a network similar to the Ethereum mainnet. Despite being a newcomer to the crypto sphere, Pulsechain’s native launchpad pulsepad seeks to create an independent crowdfunding solution for high-quality projects on the blockchain.
In each IDO, there will be a guaranteed allotment for each participant. The distribution amount depends on the fund being raised and the user’s PLSPAD tokens staked.

CoinxPad

CoinxPad aims to make it possible for diverse crypto projects to raise liquidity and issue tokens. The platform seeks to develop a secure platform for small, medium, and large presale traders and early-phase ventures. Chosen projects are offered free audits from the platform, a team of committed developers, and a community of project supporters.
Based on Binance Smart Chain (BSC), CoinxPad aims to allow quicker and more secure transactions. All blockchain networks, including Polkadot, Solana, BSC, Ethereum, Polygon, and others, are intended to be supported by the platform in terms of projects and trading. Additionally, Unicrypt becomes the exclusive source of the ventures’ first liquidity. Users of Unicrypt’s cryptocurrency wallet have a sense of decentralized custody.

BSCpad

BSCPad is renowned for the periodicity and caliber of its IDOs, being one of the first platforms to support projects developing on the Binance Smart Chain network.
BSCPad uses a tier-based mechanism to control user allowance to take part in its IDOs. To access their tier on the platform, users must stake a specified minimum amount of BSCPAD tokens, after which they will either participate in the lottery round or guaranteed allocation.

TrustPad

Built on the Binance Smart Chain (BSC) network, TrustPad is a decentralized multi-chain fundraising platform. It intends to make it possible for projects to generate capital and to provide traders with security.
For staking, users require TPAD to take part in IDO. There are three ways to obtain IDO for new blockchains: guaranteed allocation, lottery, and FCFS (first come, first served) basis.
Additionally, there is no charge for staking pools. Every transaction or transfer is subject to a single redistribution cost of 1%, dispersed among all TPAD owners. Users must create a cryptocurrency wallet and link it to their Trustpad profile to participate in IDOs (initial DEX offers) of new projects.

Redkite

Red Kite is a relatively new player in the launchpad and IDO marketplaces. It supports investors who want to participate in open token sales for emerging crypto ventures. Red Kite utilizes $PKF, the native utility token of the PolkaFoundry platform, as part of its ecosystem.
Red Kite projects are carefully scrutinized to stop fraud in the future. It has a multi-chain support method appropriate for both BSC and Ethereum pools. With the addition of Polkadot support, it will be the first Polkadot network platform to provide a selection of pool kinds and whitelist requirements.

Lemonade

It is a DeFi token launchpad. Jigstack, an Ethereum-based DAO (decentralized autonomous organization) with a portfolio of top-notch DeFi products, is in charge of operating Lemonade. Jigstack uses STAK as its governance token to oversee Lemonade and its other products.
It evens the playing field for small, medium, and large investors and is backed by Stakbank, the staking platform for the Jigstack ecosystem. Through automated financing rounds, users receive investment alternatives based on the magnitude of their donation in accordance with a tiered structure.

Solanium

A Solana-based launchpad, Solanium provides a reliable mechanism to distribute tokens to IDO players while assisting Solana ecosystem projects to acquire money using decentralized swap pools quickly.
Users must own xSLIM tokens, which can be acquired by staking either Solanium (SLIM) tokens or SLIM LP tokens to participate in Solanium IDOs. Users will get a multiplier to the number of xSLIM they receive if they agree to a long-term lock-up on their staked SLIM or SLIM LP tokens.

Concluding Remarks

IDOs were developed to address many of the issues that ICOs raised. Project teams can allow investors to engage more directly with their preferred projects by using IDOs.

IDOs’ lower admission requirements may also be viewed as advantageous. If it weren’t for IDOs, many worthy listing initiatives would not have been able to raise money through other channels.

Having said that, scams like rug pulls are not new to the DEX environment. Hence, it is always recommended to do your due diligence before participating in any IDO.

Additional Resource

What is Binance Launchpad?

Top 5 BSC projects

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