Multi-faceted comparison of LaunchPad

When a player breaks into the era of Web3.0, he will experience confusion when facing many attractive projects. It is difficult for players to judge whether there is an opportunity or a trap hidden behind a project, so LaunchPad came into being. This article will talk about some things about LaunchPad. 

What is a LaunchPad used for

We can understand LaunchPad as a platform that powers the project and helps the project launch successfully. In LaunchPad, there will be many large-scale projects or emerging projects that choose to conduct public fundraising here (referred to as IDO) after several rounds of private financing. 

So LaunchPad has two main functions:

1. For the project, it is possible to get high-quality attention and traffic from the community groups who constantly pay attention to new news in LaunchPad. In other words, LaunchPad can further enrich the foundation of the original user group in the project and bring in new users.

2. For users, relatively reliable project background information can be obtained in LaunchPad, and by staking governance tokens, under the premise of fairness and openness, the possibility of investing in relatively high-quality projects can be enlarged at an acceptable cost.

How users can participate in the LaunchPad project

Users need to complete the following steps in order to participate in LaunchPad projects and invest in relatively high-quality projects at an acceptable cost. 

Step 1: Stake governance tokens in LaunchPad. It should be noted that the pledge method of different LaunchPads may be different. There are three common pledge methods as follows.

1. No upper and lower limit, zero threshold pledge: quota ratio = time * pledge amount / total pool total. This staking method is the easiest to participate in the project.But there are always two sides to a coin, and a zero-threshold pledge means that there may be many users participating in the project, so the user may not have much at his disposal in the end.

2. There are upper and lower limits, low-threshold pledge: For this pledge method, although it is similar to the zero-threshold pledge method, due to the upper and lower limits of the number, the user's pledge degree is limited, which allows users to a certain extent the amount obtained is relatively average.

3. Quota determination, lottery pledge: Compared with the above two pledge methods, the quota ratio of this pledge method is determined at the beginning, and each user participating in the pledge may not be able to obtain the quota, just like buying a lottery. This pledge method is equivalent to buying a lottery ticket, some people will come home empty-handed, and some people will make a lot of money.

Step 2: KYC verification. Generally speaking, the first thing users need to do to participate in LaunchPad projects is to complete the KYC verification, that is, the Know Your Country real-name verification link. Because KYC verification can effectively prevent the flood of robots and solve the compliance problem to a certain extent.

Step 3: Apply for a whitelist. Users need to pay attention that the application for the whitelist is made within a specific period of time. If the application for the whitelist is not made within the specified time and passed, there is no way to participate in the project.

Step 4: Make a purchase within a certain IDO quota. The underlying calculation idea of quota is generally based on quantity and time, which means that the more governance tokens a user has in LaunchPad, and the longer the pledge time, the more quota can be effectively exchanged. However, users must realize that the price of governance tokens is floating. If LaunchPad has a popular project landing, the demand for governance tokens will increase, resulting in an increase in the price of governance tokens in LaunchPad; when the IDO in LaunchPad ends, there is no follow-up a promising project follows up, there will also be users who choose to sell governance tokens, which will lead to a drop in the price of governance tokens in LaunchPad. Therefore, it is also critical to control the cost of LaunchPad governance tokens.

Step 5: Claim the tokens. After purchasing, users only need to wait for the game to go live, and then receive in-game tokens. However, the user does not receive all the in-game tokens at one time, but gets a certain percentage of the in-game tokens when the game goes online, and the remaining tokens are released to the user over a period of time.

How to judge the quality of the LaunchPad

After understanding the role of LaunchPad and how to participate in the LaunchPad project, I believe many people will still be confused. Because they don't know how to judge whether the LaunchPad is reliable or not. 

In fact, to judge whether LaunchPad is reliable, you can start from these aspects.

First: Whether the parameters marked on the project are complete.

1. IGO Network/Token Network: These two parameters indicate that the public chain is supported. Their connotation refers to the public chain support behind the project. Different public chains may require different wallets to link.

2. Total Raise: This parameter indicates the total amount of funds raised, which represents the upper limit of the total purchase amount of all users.

3. Whitelist Ends In: This parameter indicates that the whitelist ends the countdown. Users need to apply for the whitelist before the countdown ends. If the countdown has not yet been determined for the project, TBA (indicating pending) will be displayed.

4. Swap Amount: This parameter indicates the amount that the user can purchase, which represents the upper limit of the purchase amount of one user.

5. 6.Vesting Schedule: This parameter indicates the release time of the user's purchase of tokens, which represents the proportion of tokens purchased by the user and released when they go online and the release time of the remaining tokens.

Second: What is the response and quantity of ATH. ATH is the abbreviation of All Time High, which represents the value increase of the token's current price compared to the initial subscription price at the launch pad. If the ATH response of the LaunchPad is high and the number is large, the reliability of the LaunchPad is higher.

Third: How active is the LaunchPad community. The community activity of LaunchPad will also reflect the trust level of LaunchPad by users. If the community of LaunchPad is large and very active, it reflects that LaunchPad is more reliable to a certain extent.

What are the advantages and disadvantages of each LaunchPad

So next, let's take a look at what are the better LaunchPads now, and what are their advantages and disadvantages.

1. GameFi(GAFI)

GAFI has successfully launched 111 projects, and the average ATH return on investment is 38.5X, the overall data is very good. And the three most successful projects in GAFI achieved excellent ATH ROI of 351.7X, 130.2X, and 123.1X respectively. Overall the results are very good. 

2. RedKite(PKF)

PKF has successfully launched 147 projects, and the average ATH return on investment is 27.8X. The overall data is relatively good. And the three most successful projects in PKF achieved excellent ATH ROI of 351.7X, 123.1X and 107.4X respectively. Overall, the results are relatively good. 

3. DAO Maker(DAO)

DAO has successfully launched 90 projects, and the average ATH return on investment is 31.3X. Although there are relatively few projects launched, the overall data is relatively good. And the three most successful projects in DAO achieved excellent ATH ROI of 351.7X, 212.6X and 165.2X respectively. Overall the results are quite good. 

4. TrustPad(TPAD)

DAO has successfully launched 111 projects, and the average ATH investment rate of return is 18.4X. It can be seen that the average ATH investment rate of return is relatively small, but the fluctuation is very large. The most successful project in TPAD achieved an ROI of 710.6XATH, and the best results since then were only with the ATH ROI of 87.6X and 65.9X. Overall the results are relatively good. 

5. Polkastarter(POLS)

DAO has successfully launched 105 projects, and the average ATH return on investment is 20.3X. The overall data is relatively average. And the three most successful projects in POLS achieved ATH ROI of 264.9X, 158.4X and 90.2X respectively. Overall the scores are ordinary. 

6. Poolz(POOLZ)

POOLZ has successfully launched 58 projects, and the average ATH return on investment is 34.6X. Although there are fewer online projects, the overall data is very good. And the three most successful projects in POOLZ achieved excellent ATH ROI of 667X, 156.9X and 117.7X respectively. Overall the results are quite good. 

7. Avalaunch(XAVA)

XAVA has successfully launched 22 projects, and the average ATH investment rate of return is 32.8X. Although there are few online projects, the average ATH investment rate of return is very good. The three most successful projects in XAVA achieved ATH ROI of 173.6X, 163X, and 59.6X respectively. In general, because there are too few projects, the results are mediocre. 

8. BSCStation(BSCS)

There are 169 projects successfully launched by BSCS, but the average ATH ROI is 14.5X, and the overall data is not ideal. And the three most successful projects in BSCS achieved ATH ROI of 165.2X, 110.2X and 88.3X respectively. Overall, the results are ordinary because of the average ATH ROI is not ideal. 

9. Enjinstarter(EJS)

EJS has successfully launched 49 projects, but the average ATH ROI is 11X, and both the online projects and the average ATH ROI are relatively small. The three most successful projects in EJS only achieved ATH ROI of 113.9X, 39.7X, 30.8X. Overall the results are ordinary. 

10. BullPerks(BLP)

BLP has successfully launched 84 projects, and the average return on investment of ATH is 46.1X. Although there are relatively few projects launched, the overall data is very good. The three most successful projects in BLP achieved excellent ATH ROI of 1015.2X, 263.1X and 134.2X respectively. Overall the results are very good. 

The above LaunchPads all have some common advantages, such as a large number of projects launched, a high return on average ATH investment, a relatively good user base and community activity,whether it is the completeness of the parameters of the project preview or the completeness of the parameters of the project details, a high degree of completion has been achieved.

In the same way, the disadvantages are almost the same, such as less sharing of project news and information; ATH investment returns fluctuate too much due to the risks inherent in the investment itself.

The conclusion

As the launch pad of the project, LaunchPad does not mean that all projects registered on LaunchPad are good projects. This requires the screening strength of the LaunchPad team to be outstanding, and it also depends on whether LaunchPad has the ability to attract high-quality projects to choose to log in here. However, LaunchPad is only the first net for the big waves to wash the sand. Whether users have the ability to find that piece of gold among many projects depends on their own vision and judgment.

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