The recent explosion of the crypto market opened the door to many new ideas coming to the surface. ICO is the major utility of most of the crypto and blockchain networks today. Web3 is just beginning and more projects and ideas are yet to adopt and shift to this future technology. In a short journey, web3 has gathered a lot of attention from the world. The market size is still too small and analysts predict it will eventually power the financial world in the future.
Initial Coin Offering (ICO) has made fund raise look so simple and encouraged many entrepreneurs to start their own ventures. It may sound simple but with the rising number of projects and scams, initial funding had become somewhat difficult or tricky. No project today can imagine raising funds without the help of a launchpad. If you have been investing in ICO then you’re familiar with the PinkSale, after its inception into the crypto market, it overthrew other launchpads and probably took the number one spot. The number of projects listed in PinkSale is rising and is a go-to place if any project is wishing to conduct its presale.
The increasing number of projects is a positive sign for the industry but at the same time, the risk factor cannot be ignored with the rising number of ICOs. Even in a bear market, projects raise capital to start their own business.
Popular launchpads are getting overcrowded and getting expensive. New launchpads are emerging in the market with new solutions. Luxpad is one of the promising launchpads that you need to keep your eyes on. The community is good, and the project team has many things to offer. Fair and transparent, guaranteed allocation, rug-proof mechanism, and high-quality projects are some of the key focuses of the Luxpad.
Luxpad is preparing for its token launch, and the platform is ready to use, partnered with many projects. ICO is never going to stop, as the major utility of crypto lies in it. ICO will give rise to the next gem. Investors can check the new launchpad and at the same time, developers can cut their expenses using it.
“Luxpad is a decentralized trustless launchpad platform where you can create your ERC-20 and BEP-20 token. NFT smart contract, fair-launch, or presale launchpad without any knowledge of coding using the Luxpad platform. You can do it all here. Launch your presale with Luxpad now. Cheapest service fee than another platform.” The website looks amazing and is easy to use. Watch closely it might become one of the biggest launchpads in the decentralized space.
More information on: https://luxpad.io/