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The What and Why of Crypto Launchpads

What and why crypto launchpads

Ever wonder how new products get to market so fast? Especially in the tech world, where time is of the essence when going from seed idea to project plan to full-scale production. Incubators that coddled new ideas for years are a thing of the past. Now we have accelerators moving multiple projects to the forefront every day. 

Enter the launchpad – a platform that both incubates and accelerates promising ideas, with a full range of resources ready to help projects attract investors and grow their communities. Launchpads can also give projects a secure and credible foundation to build from when they include a vetting process to ensure that participants have a stable history and track record of success. In addition, especially for crypto and blockchain projects, launchpads should undertake security audits on their smart contracts as well as the project’s core technology as a standard part of due diligence. 

Fully decentralized launchpads founded on DAO principles will also operate in the spirit of fairness and equity, using lottery-based distribution so that all participants have equal opportunity to acquire tokens, not just large “whale” investors. Trustworthy launchpads will also be fully transparent about their business activities with publicly accessible ecosystem analytics.

Launchpads have now become the key to participating in IDOs, the “initial DEX offering” that raises funds for blockchain projects by selling tokens to qualified public buyers through a decentralized exchange. Instant liquidity and low transaction fees make launchpad IDOs an extremely attractive path for financing smaller projects and giving retail investors access sooner than normally would happen with an ICO or IPO. 

Launchpads can also allow participants to earn rewards from airdrops, staking, farming, and referrals through the platform’s native token ownership. Expert marketing talent, diverse blockchain project support, and strong community activity round out the benefits of working with a launchpad, whether from the project side or the investor side. 

Get Ready to Lift Off: UpLift

True to the launchpad spirit, UpLift DAO has hit the ground running and is soaring fast. In just four months, UpLift has already launched four vetted projects: YouMinter, Jumbo Exchange, NFT4Play, and its latest IDO is this month, REV3AL.

UpLift goes beyond the basic requirements of a launchpad and a DAO. It opens new possibilities for investors of all sizes and projects in an immense variety of spheres and blockchains. Participants can immerse themselves in the project life-cycle, and projects are given maximum exposure to business angels and motivated communities. 

The more you participate, the more you will be rewarded with LIFT tokens and opportunities to acquire pre-sale allocations of the most cutting-edge projects. UpLift has created a dynamic and safe self-sustaining space for the DeFi ecosystem to flourish.

IDOs are held in two rounds to allow participants to invest in both an exclusive lottery-based allocation, and an open first-come first-served token sale. 

All LIFT token holders are eligible to participate in promotional activities, DAO governance, and yield farming opportunities. 

Overall, UpLift provides a wide range of opportunities for asset management, lower cost listing, and equal access for participation.

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