🔺Advantages of IDO Launchpads

The evolution of fundraising in new age crypto markets has evolved from just simply having Bitcoin to having a wide variety of different currencies, blockchains, multiple exchanges, to a market where anyone can create a currency and launch using a decentralized platform.

Although more recently, initial DEX offerings (IDOs) have become the new crowdfunding model of choice for emerging DeFi projects, providing a gateway by which start-ups can issue their native token on decentralized exchanges, automated market makers (AMMs) and this will help raise funds in a process that is deemed fairer and more transparent than using traditional means of funding such as central exchange launchpads.

The recent advancement of decentralized technologies and their use have witnessed unforeseen growth from decentralized exchanges now anyone can trade any asset they please for whatever purpose they want.

Crypto markets are going to reach all new highs soon as many users want more security than just banks to hold their assets and are turning to crypto because they lose faith in government institution such as state banks.

BrightyPad designed a very advanced decentralized multi-chain protocol therefore users can benefit from the easy purchase of tokens in a decentralized launchpad at the best possible market driven price. The price discovery and fundraisers will have a very fair distribution of tokens, as well as gauge the interest all parties while being completely decentralized and all in your control.

BrightyPad seeks to completely revolutionize the way new projects gather liquidity and how participating users can gain the most benefit from participating to obtain the best yield. All this is done in a decentralized, permissionless and interoperable in a multi cross chained environment through BrightyPad.

A cursory glance at the DEX’s past and schedule should help clarify whether they’re the right choice for you, but here are some important factors to consider as well to give your IDO the edge:

Visibility:

It can be tempting to simply select the launchpad with the largest trading volumes, but that doesn't necessarily mean greater visibility. What matters is the type of investors you drawl to your platform and the types of communities they hold.

Transparency:

With the current crypto market volatility is necessary to be able to host users decentralized projects on a service that is as transparent as possible, allowing users to verify the credibility, reputation, and trustworthiness of any project listed on the listing platform to provide an even greater confidence in the investment of their choices.

Crypto launchpad platforms should present the complete token information, project information all social media accounts that are linked to the project. Launchpads they should also allow users to verify all data such as the token contract address via trusted sources like CoinMarketCap and blockchain explorer websites.

Convenience:

DEXs can seem even more complex to certain less experienced users than other centralized alternatives, so it’s important to develop a proper platform that is as intuitive as possible. BrightyPad can deliver the benefits of a decentralized exchange, while also bridging centralized service integrations such as fiat on/off ramps so even users who are not registered on major exchanges will be able to purchase crypto currencies using our services.

User Empowerment:

Defi users are constantly inquiring and are demanding more features and more control over their interactions on the blockchains they are using to send their assets and develop their applications. Users want to make sure they are choosing a platform that allows them launch trading pools, liquidity mining programs for additional governance token incentives, and staking pools, as well as other contest and reward programs, to encourage active user participation in the projects they choose.