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Crypto Launchpads 101 – how they can line investors’ pockets

In the last few years, the popularity of cryptocurrencies has skyrocketed. It all started with Bitcoin (BTC), but there are now over 18,000 different cryptocurrencies, at the time of writing. Early adopters of the nascent industry have benefited from this level of growth in such a short time.

The rise of cryptos has also attracted a slew of new investors, resulting in even more crypto industry innovation. These advancements are hastening the adoption of cryptocurrencies and other decentralised projects.

The creation of crypto launchpad platforms is one innovation that facilitates this acceleration and benefits would-be entrepreneurs and ardent enthusiasts. Here’s everything you should know about them.

What exactly are launchpads?

Crypto launchpads, also known as crypto incubators, are places where new and innovative crypto projects can be discovered. Inventive developers/entrepreneurs and early investors are at the heart of the crypto industry. Early adopters of successful projects have reaped the greatest rewards, so it was only a matter of time before a platform allowing investors to find new projects appeared.

Crypto launchpads are platforms that host various crypto and blockchain-based projects in order to raise sufficient capital, while also providing investors with early access benefits such as discounted token sales. Investing early in a project ensures investors a lower cost of entry into the project prior to its public launch.

Crypto launchpad projects are set up with the necessary infrastructure to provide project creators and investors with security and transparency. Before being placed on a launchpad, a project must go through a thorough vetting process. Launchpads use an extensive KYC (Know Your Customer) process through a third party for user verification.

Launchpads are the new way for creators to show off their work to the rest of the world. Because the cost of setting up a launchpad is low, more and more have popped up in recent years. As a result, more and more projects are turning to launchpads for exposure.

Launchpad allows entrepreneurs to connect with like-minded investors and crypto enthusiasts who can help them scale their businesses.

What are the advantages of crypto launchpads for investors?

Both investors and creators benefit from launchpads. It provides investors with access to the ground zero of new crypto projects. The most significant advantage of investing in launchpad projects is the reduced cost of project tokens. Because the price of project tokens can skyrocket when they go public, purchasing them early in their life cycle can be a very profitable investment.

Crypto launchpads are also very secure, so investors do not have to be concerned about scams because the founders of the projects are visible and don’t vanish.

Is BoostX changing the landscape?

BoostX

BoostX is rumoured to be a gamechanger for those interested in investing in crypto launchpads.

BoostX is gaining traction because it is a secure platform for crypto startups that are primarily in presale, allowing investors to purchase tokens at the lowest possible price, significantly lowering the risk of loss.

BoostX is a multichain DeFi project launchpad that allows users to participate. BoostX has a distinct advantage over other launchpads because they are blockchain-specific.

As it provides expert information and a wide range of features, BoostX is an excellent tool for researching startup projects to invest in. Curated tokens, one-of-a-kind presales, dynamic dashboards, and high-quality projects are just a few of the features.

BoostX offers its users a wide range of features as well as a safer way to invest their money.

Find out more about BoostX Launchpad here:

https://www.boostx.finance/