Cryptocurrency, as we all know, came from independent developers and visionaries who weathered the struggles of releasing such a revolutionary piece of technology despite the limitations they faced during development. Be it schedule issues (as some of them worked day jobs while working on their passion projects), time constraints, technological impediments, and, most of all, funding troubles, these unsung heroes of the crypto industry produced nothing shy of a masterpiece that we all can enjoy up until this day.
But this doesn't mean that every developer must go through what our "forefathers" have gone through during their era of development. Especially now, considering the hardships that the outside world brought with it, including the impending financial struggle brought about by a looming recession.
With this in mind, the best solution that all developers and project creators saw was crowdfunding models that helped empower these projects and realize their full potential eventually.
This setup worked wonders for a time, as multiple projects stayed true to their words and delivered promises to their loyal supporters from across the cryptocurrency world. Sadly, this seemingly harmonic symbiosis between the developer and the investor will come to a halt courtesy of bad actors in the industry who saw fit to abuse the system for their benefit.
Now, coming back with the promise of a more secure and investor-centric crowdfunding model, IDOs are slowly taking the industry by storm and reclaiming the lost trust that investors once had with upcoming projects, further signifying that the industry is alive, that we can move forward to more amazing things if cooperation and loyalty, along with fairness is in mind.
But what are IDOs? How are they changing the industry, and what does this mean for the cryptocurrency world?
What is an IDO?
IDOs are the new-age answer to crowdfunding as we know it. Separate from the murky beginnings of ICOs and IEOs, Initial Dex Offerings promises to bridge the gap between the investor and the developer with more trust and guarantee.
IDO Crypto is pretty much a new form of crowdfunding in the space, where instead of the funds going straight to the developer's pockets, allowing them to pull the rug on their supporters whenever they please, the funds are instead "escrowed" to a decentralized exchange and will not be accessible until tokens are allocated to their users for trading and investing.
With this in mind, let's talk about the hottest IDO Launchpads/IDO Platforms on the market, hoping to give you the best insight into finding the best projects out there, all from trusted IDO launchpads!
Top 10 Hottest IDO Launchpads in the 2023 Crypto Scene
This list is created in no particular order, so consider that all these sites are either equally able to provide the best services of an IDO launchpad, or each of these launchpads can offer unique benefits and features that set it apart from other launchpads in this index.
Without further ado, let's explore the Top Launchpads and IDO platforms in 2023.
RedKite:
RedKite is the quintessential cryptocurrency launchpad in the market currently rivaled only in popularity and use cases. They knew what developing projects needed the most—a safety net and better public relations, and with RedKite offering both with no compromise, they just found one great ally.
Every project that appeals to RedKite requires scanning for elements that may give away an enterprise's ulterior motives, gauging whether it is a scam. Aside from this, as they amassed a large user base, they can market every developing project.
Firestarter:
Dubbing themselves the first IMO (Initial Metaverse Offering), FireStarter, housed in the innovative and grassroots blockchain project network Polygon, supports vast arrays of use cases for every project that visionaries could offer. From DeFi (Decentralized Finance), NFTs, GameFi, and Social Token projects, FireStarter has a little something for everyone.
Gaining a positive reputation in the cryptocurrency space by amassing large followings of loyal supporters across the Polygon Network, they have housed blockchain projects left and right and provided every project with a community of dedicated supporters that consequently, helped them fund each project in record time!
They do this by employing the help of influencers and notable personalities in the space. By providing each project with exposure, a community, and a trusted platform where they can flourish, FireStarter offers one of the best IDO launchpad services!
BSCPad:
BSCPad, one of the biggest launchpads in the market with a whopping 10 million active users monthly, provides not only world-class IDO launchpad services to both investors and project managers in the space, but it also helps projects with polishing their tokenomics, arguably one of the most important parts that a project shouldn't overlook as it could easily make or break the project's future, by providing lessons, staking programs that are easily integrable to one's projects, and a community of expert investors and developers that all work towards ensuring that the blockchain space is full of visionary projects and innovative concepts!
GameFi:
Arguably the best Launchpad for projects with Game and Finance elements, hence the name "GameFi", the project provides impeccable service and offerings when it comes to projects that are hoping to change the game, be it in Web2 or Web3.
Serving a dedicated population of avid Cryptocurrency gamers from across the space, GameFi is the best place to start for projects who wanted to make a name for themselves in the history of Cryptocurrency Gaming!
Seedify:
Seedify made a name for itself in the industry with one revolutionary thing—voting.
In Seedify, every project advertised isn't showcased for the hell of it. Every project in Seedify carries with it the guarantee that it is a groundbreaking project that the community will love and need. Every project is voted upon by a select group of people within the launch platform. From there, funding will be provided, marketing will be offered for projects that need it, and a dedicated swarm of investors is sure to flock upon projects, as Seedify assures every skeptical investor that all projects in its launchpad are relevant, honest, and competent.
TrustPad:
TrustPad is an IDO launchpad that dabbles in multiple networks, allowing for interoperability which is indispensable in the current state of the cryptocurrency market.
What they do best, aside from helping all grassroots projects by securing proper funding for them, is assuring early-stage investors, arguably the most important type of investors, especially for a startup project, that their funds will be safe, and that all promises will be kept.
DAOMaker:
DAOMaker is one of the safest and retail-oriented startup funding platforms of the current age.
The DAO/IDO platform encourages low-turnout frameworks, projects that require little interaction from investors, which allows passive investors to still be part of active projects in the space. They do this by providing growth technologies, thanks to the launchpad consisting of large minds in the industry that are willing to provide and develop growth technologies as well as funding frameworks, while lowering investor risks.
This is perfect for projects who wish to not declare identity in the space for reasons, as it opens opportunities for them to still flourish in the industry while making sure that they deliver what is promised.
Bounce:
Bounce is a decentralized launchpad that helps every enthusiast out there with the creation, sale, connection, and management of all things crypto, from tokens, and assets to NFTs!
They do this by establishing an auction-centric ecosystem within their platform, where investors can bid on which projects they deem worthy of investing in, allowing every project out there to be valued correctly from the get-go, all with the discretion of the investors themselves!
PAID Network:
PAID Network is a blockchain-based launchpad that focuses on the fostering of projects that dabble in the dApp (Decentralized Application) category.
Housing multiple applications from projects that were built by visionaries in the space, PAID Network gives every user the liberty to control which to invest in and which not to, by establishing policies that will ensure they are at the top of the deal.
Aside from this, PAID network inaugurated the industry's first Smart Agreements, which in essence are simplified contracts that can be signed by both the investor and the user on-chain.
The PAID Network is a blockchain-based decentralized application platform (DAPP) ecosystem. Users can create their policies to ensure they get paid. PAID stands out as a pioneer in introducing SMART Agreements, which are innovative business contracts designed to simplify the signing process on the blockchain.
With a plethora of options and capabilities right at every investor's fingertips, PAID Network assures everyone that they get what they are promised, on-chain and off-chain.
StarPunk
StarPunk is a newly-added DAO (Decentralized Autonomous Organization) in the market that also offers IDO services for projects that cater towards blockchain and NFT gaming. The organization aims to make a name for itself as the quintessential cryptocurrency gaming launchpad that offers the best roster of games and P2E solutions the market has ever seen.
Besides this, much like FireStarter, the launchpad offers Metaverse implications for projects and startups that aim to cement themselves in the future of Metaverse, by providing them with dedicated supporters, exposure, and funding to boot!
Wrap Up
While IDOs are still young in comparison to the decade-old industry that it supports, it has already proven itself as an effective alternative to previous crowdfunding solutions that the market bore witness to.
With an infinite capacity to provide assurance and security to both the investor and the developer, it would not be surprising if IDOs become the next hottest thing for crowdfunding in the cryptocurrency industry!
