Since the advent of blockchain technology, there have been many applications that have found profound success. Some examples are cryptocurrencies, non-fungible tokens, initial offerings, decentralized finance, and platforms based on these applications. Even though every application mentioned above has given its best to the world, it is various kinds of initial offerings that have given the crypto world a massive boost.
Initial offerings in the crypto world are fundraising models that expose help new crypto projects to various investors who can invest in them through investor pools. Popular initial offering models are Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), and Initial Dex Offerings (IDOs). With the use of launchpads which are platforms that make the process easy for all end-users (project owners and investors), these fundraising models have elevated to the next level. In this blog, we will look at White label IDO launchpads, which are pre-built platforms.
What is an IDO Launchpad?
An IDO launchpad is a crypto fundraising platform that uses decentralized cryptocurrency exchanges (DEXs) for token distribution and liquidity. The IDO model is a huge hit as it focused on overcoming the shortcomings of the earlier models. It is including ICOs and IEOs. The transactions here are completely decentralized. That means that investors directly interact with crypto project owners and vice versa. With the use of launchpads, investors can easily find good projects without any hassles, and the investment process is also not very complex. Popular IDO launchpads include BSCPad, TrustPad, ScaleSwap, Solanium, RedKite, PolkaStarter, and DAO Maker.
Why Should I Go for a White Label IDO Launchpad?
- A White label IDO launchpad platform can be custom-built extensively as per your requirements.
- A Pre-built IDO launchpad would have been extensively checking on errors, which makes the platform function flawlessly.
- Since such a platform is created beforehand, it will take only less time and money to launch for trading, which can give you an edge over competitors.
- You can also have a platform similar to a popular IDO launchpad if you want to get some good exposure as a business.
Features of a Pre-Built IDO Launchpad
- A Pre-built IDO launchpad will easily give you native tokens with a lot of value in addition to the platform.
- Such a White label IDO launchpad platform will also boast of a staking module with different investment tiers. This will tend to fit projects and investors accordingly.
- Like any crypto platform, a pre-built IDO launchpad will also have provisions for a crypto wallet by either having one built-in or allowing external wallet applications.
- Additionally, a pre-built IDO launchpad will also have stringent user vetting through the use of KYC (Know Your Customer) and AML (Anti-Money Laundering) protocols to ensure that the platform is free of scammers.
- A White label IDO launchpad application will also have strong liquidity management through solid DEXs and automated liquidity makers.
- One can integrate a pre-built IDO launchpad platform into any blockchain. Otherwise made to work across multiple blockchains without any troubles.
Advantages of a White Label IDO Launchpad
- A pre-built IDO launchpad solution will provide immediate trading support for its tokens without the need for a cool-off period.
- Such a White label platform can also help new businesses raise funds without many problems normally associated with fundraising.
- Investors can easily find good projects as the launchpad mechanism’s sole aim is to give an advantage in investing their money.
- Since a pre-built IDO launchpad uses a decentralized crypto exchange (DEXs), true and fast peer-to-peer trading of project tokens is possible.
- Also, in such a platform, the platform’s community vets the projects. It eliminates the problems similar to trusting central authorities’ actions.
- Such a White label IDO launchpad platform also aids new crypto businesses in finding suitable investors with the factor of trust. This comes as a relief, unlike earlier investment patterns where even good projects struggled to raise funds due to various scams and rug pulls.
Some Final Thoughts
Hence, a White label IDO launchpad is one of the best options for a crypto business due to its numerous advantages. One of the major advantages is that the platform can be start within a short time while costing you less compared to developing from scratch. Time and money are paramount for businesses, and this point will be more relevant in the crypto world. For people who want to thrive while empowering others, a White label IDO Launchpad can be the ideal starting point if they want to involve themselves in the crypto world. If you are one of those people and are wondering where to begin, there are a few firms that can assist you with their quality, customizable White label IDO launchpad solutions combined with their customer-centric stand.