Launchpad is one of the most profitable industries in the Crypto market in a short period of time, so Launchpad platforms always attract the attention of a large number of investors in the Crypto market. In this article, let’s take a look at the TOP 5 notable Launchpad platforms in the next cycle 2024 – 2028.
Choosing Blockchain Platforms
Normally, each Launchpad platform will often be associated with a certain underlying Blockchain. Although there are still a number of independent platforms, within the framework of this article we will only mention Launchpad platforms associated with a Blockchain. only.
Let’s look back in the past to see why we need to care about this area so much:
- Raydium & Solanium have implemented IDO projects that have ROI levels up to hundreds of times such as Star Atlas, Genopet, DeFiLand and most of the remaining projects bring a minimum ROI of 10 times or more with many projects. names like Realty, Run Node, Tab Trader, Grape Protocol,…
- Avalaunch has also deployed IDO with projects on the Avalanche ecosystem with huge ROI such as Platypus, Crabada, OH Finance, Roco Finance, Tale Craft, Colony,…
However, we must be very wise in choosing the underlying Blockchains to participate in. There will be a number of conditions for choosing which Blockchain platform to participate in such as:
- The blockchain platform must call for a huge amount of capital from famous investment funds in the Crypto market. The capital can be up to hundreds of millions of dollars with a valuation of up to billions of dollars.
- The platform blockchain should be developed in the direction of Non EVM Blockchain so the number of Native DApps will be large and the number of projects with Launchpad bridges will be large. However, regular EVM Blockchains still satisfy the condition if there are a huge number of Native DApps. To have a huge number of Native DApps, the Blockchain platform needs to have activities and events to attract developers such as Hackathon Global, Grant,…
From the above factors we can select some outstanding Blockchains including:
Blockchain |
Called amount |
Number of DApps |
---|---|---|
Sui Network |
$336M from Coinbase Ventures, Jump Crypto, Circle Ventures,… |
24 |
Aptos |
$350M from Binance Labs, Jump Crypto, A16Z, Multicoin, Circle Ventures,… |
33 |
Solana |
$315M from Polychain, A16Z, Multicoin, ParaFi, Jump Trading,.. |
121 |
Starknet |
$273M from Paradigm, Sequoia Capital, Pantera, Multicoin, Scalar |
18 |
In addition to Sui Network, Aptos, Starknet and Solana, there are still many other notable EVM Blockchains such as Arbitrum, zkSync, Mantle Network, Scroll. For these projects, the first opportunity for users is Airdrop/Retroactive, followed by the opportunity to invest in Launchpad projects and finally, direct investment in projects.
TOP 5 Notable Launchpad Platforms in the Next Cycle
Jupiter – the successor project of Raydium & Solanium
Solana is an ecosystem that has a strong history of IDO with platforms like Raydium and Solanium. Now Solana’s ecosystem has entered the next stage and it is easy to find projects that already have products, have users and have successfully called for capital from many investment funds, so Solana also needs a next generation Launchpad platform.
Why not old names like Raydium or Solanium? There is no denying the past success of these two Launchpad platforms, but for a long time these two platforms have had very little interaction, so it is highly likely that the Solana ecosystem needs a name that can be maintained. recent activity level and the answer is Jupiter.
Jupiter is building a suite of Jupiter Start products to create a professional Launchpad process that includes:
- Introduction Community
- Educate
- Pre listed
- Launchpad
- Atlas
With its level of influence and coverage throughout, the possibility of Jupiter being the next generation Launchpad platform on Solana is entirely possible. However, at the time of writing there is not too much information about how to participate, but according to the development team it will be introduced in early 2024.
However, don’t forget to keep an eye on Raydium and Solanium because maybe they will return?
Thala Labs – Launchpad Hub on the Aptos ecosystem
Thala Labs is ambitious to become a DeFi Hub platform on the Aptos ecosystem with a series of products such as Stablecoin, AMM, Liquid Staking,… and of course Thala Labs also shares its ambition to become a platform. Launchpad platform. In its V1 version, Thala Labs wanted to build an unlimited pool and auction model, but this model was not successful the first time Thala Labs deployed Launchpad with its own Native Token, That’s why they changed.
In version V2, Thala Labs has built its Launchpad product into a limited FCFS-oriented Pool, thereby making investors more excited about Thala Labs’ products in the future. You can read more about the changes to the Launchpad model in V2 here.
With my position of having a product, having users and successfully calling for capital from many investment funds, in addition to having extensive relationships in the Aptos ecosystem, I have high expectations for success. Thala’s work in the future.
After the first launch of Launchpad, as of the time of writing, there have not been any more projects that have deployed Launchpad on the Thala Labs ecosystem.
Cetus & FlowX Finance on the Sui Network ecosystem
Up to now, on Sui Network’s ecosystem, there are two AMM platforms implementing the Launchpad model: Cetus and FlowX Finance. If Cetus is the AMM platform in particular and DeFi in general with the largest TVL on the Sui Network ecosystem, FlowX Finance is only ranked 6th in terms of DeFi projects and third in terms of DEX.
If Cetus has deployed IDO for two projects, Cetus and Suia, with quite impressive ROI. First, Cetus’s price is 0.04 SUI, equivalent to $0.0456, then after implementation, the price of Cetus stabilized at $0.14, equivalent to 200%. Next is the Suia project priced at 0.3 SUI equivalent to $0.363. After implementation, the price of Cetus stabilized at $0.17, this is an unsuccessful Launchpad project on Cetus.
Next to FlowX Finance, this project has recently been deployed as Flowx Finance (FLX) and Samcabam. For the FlowX Finance project, which sold IDO at prices of $0.35 and $0.62, when officially deployed, it operated around the price of $0.6, only recently when TVL increased its network, the price of FLX increased to the highest level of $2.36. . Besides Flowx Finance, the platform also deployed Public Sales for Samcabam at a price of 1 SCB = 0.000000075 SUI equivalent to $0.00000006 after the Public Sales sale. After successfully opening the sale, Samcabam’s price increased to 0.000000162752, equivalent to about 200 %. However, this is not an IDO but just a project calling for capital to list the project token on the CEX exchange.
For both Cetus and FlowX Finance, it will definitely take more time to follow. Currently, participating in IDO of projects on these two platforms does not require users to hold the project’s Native Token, but users can fully participate with USDC or SUI.
StarkDeFi – New Launchpad Platform on Starknet
Recently the StarkDeFi platform officially introduced the Incentive ReGenesis program to bootstrap liquidity on its ecosystem. This program will last until their Launchpad platform, StarkPad, is officially launched and as soon as this program ends, StarkDeFi will deploy Launch tokens in which 35% of the total supply is reserved for the community.
StarkDeFi has somewhere proven itself when it received a Grant from the Starknet platform and is expected to deduct an additional 20,000 STRK for a liquidity incentive program.
In the past, there have been a few Launchpad platforms created such as ZkStater or ZKPad, but both of these platforms have evaporated after a long period of ineffective operation. With the launch of the new launchpad, StarkDeFi will be the platform that owns the latest Launchpad tool on the Starknet ecosystem.
Of course, we will need a lot of time to observe how it works and operates, especially StarkDeFi’s Launchpad operating model.
Avalaunch – Launchpad at the heart of Avalanche Ecosystem
In the past, Avalaunch was the central Launchpad platform of the Avalanche ecosystem. Of course, in the context that Avalanche is still developing strongly in both C Chain and Subnet, Avalaunch will continue to maintain its position in the next period. according to.
In the latest information on January 2, 2024, Avalaunch announced a series of new projects in the coming time after a gloomy 2023, including:
- Delta Prime: As a Lending & Borrowing platform that allows users to borrow up to 5 times their collateral, Delta Prime opens up a way to optimize the portfolio of its assets by further integrating with many other protocols.
- Struct: Is a financial platform that offers a variety of products for various risk types to different users including individuals and institutions.
- Movement: Ambition to build a Move VM on the Ethereum ecosystem.
- Levr Bet: Betting industry project, is the first protocol that allows users to trade their sports betting positions with up to 5x leverage.
- Aether Games: A card game that takes advantage of the transparency and open economy of blockchain, players can freely trade and sell their collectible cards.
- Pulsar: Pulsar is a sci-fi MMO-RTS that seamlessly combines the stunning visuals of an RTS game with a community-driven MMO layer. The game is set in a massive open world where players must manage plots of land, build bases, and mine valuable resources to grow their empire.
- Arcade Galaxy: As part of the Beam ecosystem, Arcade Galaxy is bringing a fun, retro-inspired racing game to the Web3 gaming scene. Players can compete in exciting races on crazy obstacles to earn rewards and personalize their racing dog with unique skins – this is a game that will appeal to all types of players.
Avalaunch has really heated up recently as the project’s price has increased from about $0.1 to a peak at the time of writing of $1.8, equivalent to about 18 times (according to CoinGecko). Is this a sign that the famous Launchpad platform will one day return?
Points to Note When Participating in Launchpad Platforms
When investing in Launchpad projects, people need to keep in mind the following points:
- Full basic analysis of the project including overview elements, operating mechanism, core products, development team, investors and Tokenomics.
- Analyze and search for information about the project, especially surrounding the project’s relationship in the ecosystem. The more prestigious the project is in the ecosystem, the greater the attraction will be.
- Clearly understand the platform’s rules of the game.
- It is necessary to calculate the costs spent and the costs received. When can I get my capital back? How many times does a project need to grow to be profitable?
- Track the ROI of the first projects to the most recent project to get an overview.
- Evaluate the quality of implemented projects.
Usually the most important thing is to determine the costs and expected profits.
In the Crypto market, there are always potential fraudulent Launchpad projects, so you must consider carefully before investing. For example, in the Solana ecosystem, there were many scam Launchpad platforms such as Solstater, Solana Stater,…
Summary
Launchpad gives investors a great opportunity to change their positions, so investors should refer to this model to participate early. However, there are also many scam projects that need to be carefully considered before investing.