Top 10 Best IDO Launchpads to watch for in 2023
Here we are going to dicuss the Best 10 IDO Launchpads for 2023
The rise of cryptocurrencies meant only one thing: aspiring entrepreneurs found a new realm to conduct their dream business. The advent of crypto fundraising mechanisms also conveys the same to us. While ICO and IEO had elevated numerous ventures, their inherent flaws meant that these offerings could not be trusted forever.
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This point and the imminent advantages of IDOs (Initial DEX Offerings) made them welcome among the Web3 business community. The habit of utilizing launchpad platforms went mainstream only after the advent of IDOs.
The Top 10 Best IDO launchpads to Look Out for in 2023
1. BSCPad
The first IDO launchpad from the Binance business conglomerate, BSCPad, allows NFT and crypto projects based on the BNB Chain to raise funds without intermediaries through its decentralized exchange pools. The platform has a two-tiered token allocation system that ensures that all active investors receive project tokens. Investors, irrespective of their scale and resources, can invest in the projects from this IDO launchpad as it provides a fair mechanism for all ends. BSCPad can be ideal for BNB Chain-based Web3 projects.
2. GameFi
GameFi is one of the novel IDO launchpads in the Web3 ecosystem. As its name suggests, the GameFi IDO launchpad enables Web3 gaming projects to raise funds through Initial Game Offerings (IGOs), where in-game native tokens and assets are offered to investors per their investment level. It is based on the Solana network, enabling faster transactions at low gas fees and energy consumption levels. It also has an NFT marketplace, provisions for playing multiple P2E games, and a metaverse.
3. TrustPad
A well-known name among IDO launchpads, TrustPad is a multi-chain IDO launchpad platform. It works on the BNB Chain, Ethereum, and Solana networks, along with wallet support for MetaMask, Trust Wallet, and WalletConnect. It can assist decentralized fundraising campaigns for big, mid, and small-scale Web3 companies. The IDO launchpad platform has already aided various Web3 businesses in gathering capital using its decentralized mechanisms successfully. The platform’s users can learn the art of crypto investment from scratch and earn with time.
4. Seedify
As the name implies, Seedify is a seed funding-based IDO launchpad platform driven by a DAO (Decentralized Autonomous Organization). Aiming to assist innovative entrepreneurs through decentralized means, every process related to fundraising on the platform is dictated by a governing community elected by the community members. The Seedify IDO launchpad thrives on utilizing involvement and feedback from the community, which is a good sign as we venture toward the DeSoc (decentralized society). It can be perfect for new-gen experimental startups.
5. DAO Maker
One of the IDO launchpads concentrating on retail crypto investors, DAO Maker helps startups to raise funds in a safe manner using growth technologies and low-turnout growth frameworks. Such frameworks encourage small-scale investors to become actively involved in venture capital through the DAO Maker IDO launchpad. The platform can be the go-to choice for entrepreneurs wanting to reach a wider community and garner funds. It also has options for crypto staking and stablecoin vesting powered by a DAO-driven community.
6. FireStarter
One of the popular IDO launchpads on Polygon, FireStarter is the first to run Initial Metaverse Offerings (IMOs) based on the IDO model. The IDO launchpad platform supports Web3 projects based on metaverses, decentralized finance, gaming, and social portals. The platform’s prominence in the Polygon ecosystem helps unknown, and new crypto projects build their communities and raise funds quickly. The platform is also easy to work with for entrepreneurs, as it provides a slew of marketing tools for startups.
7. RedKite
Red Kite is one of the IDO launchpads from the PolkaFoundry project and enables users from multiple blockchains (Ethereum, Polygon, BNB Chain, Solana, Terra, and Polkadot) to participate in fundraising events. The Red Kite IDO launchpad has a stringent vetting process, ensuring that all projects are genuine and tier systems allocated based on user activity levels. Also, the platform offers some never-seen features for all ends that would increase user satisfaction. It can be perfect for any Web3 startup.
8. Bounce
Bounce is a unique IDO launchpad, as it offers multiple utilities under the same umbrella. The platform contains an NFT marketplace, a DeFi protocol, and a DAO alongside an IDO launchpad. Its certified sale portal acts similarly to an IDO protocol, allowing users to participate in whitelist sales and decentralized crypto auctions after a KYC process. The platform supports Ethereum and BNB Chain-based assets, as well as multiple hot and cold wallets. This platform can be ideal for niche-based startups.
9. Starpunk
Another among the pack of gaming-based IDO launchpads, Starpunk is a Web3 gaming incubator driven by its investor community. It uses a DAO protocol to keep activity in check, and there are no solo points of power inside the platform. The platform is still in a nascent stage, hence the low ranking. But, it has already shown enough promise to become an IDO launchpad to look out for in the next year. Starpunk could be the gaming startups’ location.
10. PAID Network
PAID Network has an IDO launchpad platform named “Ignition,” which has been famous since the 2021 crypto boom and has launched hundreds of projects. Its verification protocols and straightforward lottery tiers promise entrepreneurs and investors to participate in the IDO event actively. The Ignition IDO launchpad is available on Ethereum, BNB Chain, Solana, and Avalanche blockchains, with more support coming soon. The platform also offers its community fixed swaps, benefiting everyone, along with staking features for its native tokens.
Final Words
Henceforth, the above IDO launchpads can be great options for Web3 projects to garner initial capital to kickstart their ventures without hiccups in 2023. Each IDO launchpad is unique in some aspect, and one must choose the platform per their preferences and business goals. If you are a project owner aspiring to gain capital from the community and thinking of a way to go, a Web3 consultant agency might be able to help you. Or, if you are inspired to run your own IDO launchpad to peak in 2023, consider working with a seasoned IDO launchpad development firm to heighten your venture’s chances of success.
