Clear DefinitionsLaunchpad (Token Launch Platform)
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Pronunciation
[lawnch-pad toh‑ken lawnch plat-form]
Analogy
A launchpad is like an accelerator program for startups, offering resources, credibility checks, and access to investors.
Definition
A platform that hosts and facilitates token sales—including ICOs, IEOs, IDOs, and IFOs—providing fundraising, vetting, and distribution infrastructure.
Key Points Intro
Launchpads streamline token launches by offering:
Key Points
Project vetting: Due diligence on teams and code.
Fundraising mechanisms: Supports multiple sale models.
User interface: Simplifies participation for retail investors.
Post‑launch support: Listing on integrated exchanges or pools.
Example
Binance Launchpad conducts token sales via lottery, vetting projects and automatically listing tokens on Binance upon sale completion.
Technical Deep Dive
Launchpad smart contracts implement sale logic (whitelisting, caps, vesting) and integrate with KYC/AML identity modules. Front‑end UI interacts with these contracts via web3, guiding users through commitment, vesting schedules, and claim processes. Many launchpads offer staking requirements to access tiers.
Security Warning
Centralized launchpads introduce custodian risk and may delist tokens arbitrarily—evaluate platform terms.
Caveat
Platform fees and competition for allocation can disadvantage smaller participants.
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