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Cryptocurrencies are invading the planet rapidly and getting legalized slowly in many countries. This pave way for startups and businesses to get into blockchain technology. It is also attracting many users into the field. Wherein, IDO launchpad development is getting serious attention from entrepreneurs these days.
You might be that ambitious entrepreneur looking for an opportunity to get into this blockchain world. And yes, Of course, the right time is here. But you wonder how?
Here you have the solution: The IDO launchpad development services. What is IDO and what do you have to do to develop an IDO launchpad?
A full stop to all the mulling questions in the head. At the end of this page, you will gain every basic knowledge on IDO launchpad development.
Initial Decentralized Exchange Offering - it is?
First things first, you must know what is an IDO before proceeding any further. Initial DEX Offering is a crowdfunding method used by crypto projects and startups. The funds are raised by releasing an IDO token or coin in the Decentralized liquidity exchange platform (DEX). These IDO tokens represent any assets that would have a definite price in terms of crypto or fiat currency.
There are indeed other crowdfunding models like Initial Coin Offering, Initial Exchange offering, security token offering, Initial Farming Offering, and others. But Initial DEX Offering is one of the most preferred models that help in liquidating the tokens in a decentralized environment.
How A LaunchPad Is Supportive?
An IDO launchpad is a decentralized platform that hosts and lists down the potential projects for IDO. Investors can invest in these budding projects by buying the IDO tokens of these projects. They are mostly dependent on the liquidity pool. The liquidity pool decides the liquidity of the IDO tokens. The users or investors can swap IDO tokens in this decentralized environment which includes stable coins and cryptocurrencies.
An IDO launchpad is built on a specific blockchain or multiple blockchains. The most common blockchains that are used for IDO launchpad development are
Ethereum
Binance Smart Chain
Polkadot
Cardano
Solana
Kusama
Some popular Cryptocurrency Development Launchpad
There are many IDO launchpads in the industry, each of them has its own features and benefits.
BSC Pad- It is the first-ever IDO launchpad Development on Binance Smart chain(BSC). Since it works along with BSC and Binance chain together, it implies a lower fee for transactions, It also offers high throughput and BSC is one of the most preferred blockchain networks next to Ethereum
Polkastarter - It is an IDO launchpad built on the Polkadot blockchain that supports interoperability. That is, it can host projects of different blockchains on a single platform.
Redkite- It is another trusted IDO launchpad built on the Polkadot blockchain. It is also a multi-chain decentralized IDO launchpad with rich features. Its multi-chain flexibility and integrated vesting schedule make it unique among other launchpads in the market
Solstarter - It is an IDO launchpad built on the Solana blockchain. It is a secured IDO platform that offers a fair system of allocation to the users during the IDO.
Card starter - Cardstarter is an IDO launchpad that runs on the Cardano blockchain. Its auto-lock liquidity, authenticated listing process, insurance fund, and tokenless funding makes it a completely secured IDO launchpad for the projects as well as the investors.
There are other popular IDO launchpads like trustpad, secure pad, DAO marker, BSC starter, and others which has a number of monthly active investors.
Perks Of Initial DEX Offering
There is a number of benefits and opportunities of an IDO launchpad. In fact, it is an on-demand platform in the blockchain sector because of the rising popularity of cryptos. Here are some of the major benefits
Opportunity in Investment - An IDO launchpad is one platform in the blockchain space that opens up the gate for a number of opportunities. It creates a stage and spotlights the potential crypto projects. It helps them in getting the investments they deserve
Opportunity in growth - Funds are an essential part of a crypto project. It is necessary to be in the spotlight. IDO launchpad increases the visibility of the project and gains popularity for the growth of the project
Liquidity - The main reason why startups go for Initial DEX Offering is the free liquidity. The tokens are launched in a decentralized platform that offers increased liquidity. The automated liquidity pools offer the users to invest in these spaces and generate yields.
There are other benefits of an IDO launchpad for the users. The users can get early investment on their crypto project and also get a passive income through this. IDO launchpad listing is one major way how a project can get the funds for the development of the project.
How to develop an IDO Launchpad?
IDO launchpads can be developed in two methods. One is developing from scratch which includes frontend and backend development. The second is the Whitelabel solutions. They are nothing but replicas of the best IDO launchpad platforms. The clone scripts have exact same features as the main platform. It can be easily customized with new features and updated the existing features. They are affordable solutions that are ready to launch in the market.
IDO Launchpad development companies
Eventually, there are a number of developers out there who are ready with IDO Launchpad clones. They can offer affordable ready-made solutions for any crypto or blockchain platform. Some of the experienced IDO Development Company in the industry are listed below,
INORU - They have experienced blockchain developers who are experts in providing IDO launchpad solutions. They offer a wide range of clone scripts from BSC pad and Polkastarter. They also offer other Blockchain-based services.
Blockchain App Factory - They are one of the Pioneers in this field. They are the most experienced developers in the blockchain industry. They offer all the blockchain-based services on time.
APPDUPE - They are professional developers in this field for a long time. They are experts in IDO token development, marketing, and IDO launchpad development.
Turnkey Town - It is a startup of skilled developers who are good at delivering IDO and ICO launchpads. They also offer a wide range of blockchain services.
Upshot
Initial DEX Offering creates an ideal environment for crowdfunding for crypto projects. Project holders know the importance of an IDO launchpad. It is the right time to get into the crypto space. Further more, if you join hands with knowledgeable experts to get into IDO Launchpad Development
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Ben Parker CEO at eflow uk ltd
23 December
Pratheepan Raju Advisory Enterprise Architect at TCS
Kuldeep Shrimali Consulting Partner at Tata Consultancy Services
Jitender Balhara Manager at TCS
22 December
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