Overview
A launchpad is a platform that helps projects launch tokens through initial sales and fair distributions. It provides infrastructure, community, and vetting. Launchpads are common on various chains.
How It Works
Projects apply to a launchpad, which vets and hosts the sale. Users stake or hold tokens to participate. The platform manages the sale, allocation, and often the token listing.
Why It Matters
Launchpads reduce friction and risk for token launches by providing audiences and tools. They also gate access, which can create fairness concerns. They are a key part of the launch ecosystem.
Related Concepts
Launchpads relate to Token Sales, Airdrops, and Community. They are infrastructure for new projects.