Well, I just realized, participating in launchpads isn't as hard as many people think. I used to believe that we have to go through hard procedures to buy specific tokens at a cheap rate. Well this isn't the case though.
Basically launchpads are here for a reason, why? Well people like to be as early as possible on a new project, that's why launchpad provides a way to get tokens at a cheap rate using USDT or any exchange tokens in CEX. For example if you have been seeing some projects launched on Binance Launchpad, one of the projects was ARKHAM, which was priced 0.12$ in BNB according to the 244$ in Jul 2023. Imagine now, people who invested only 1$ in BNB got roughly like 21 ARKHAM from the launchpad, and the price of ARKHAM back then was around 0.60$, so that's total 12.6 USDT. And so your profit in total is 11.6$.
You can see the 10x return here right? I also earned some good profits from Bitget launchpad, last year they had TonUP
that required BGB. So I committed 1000 BGB as it's about $655 and they just deducted only around 4.742 BGB, which is worth 3.1$ and I got 29.35 UP, and sold it at 0.83$, getting 19.19$. The profit was 16$. So can you see the calculation of how my investment profits went up at least 5x?
At least they have another one coming, $BWB launchpad. I'll be looking forward to committing some USDT or BGB again, so I would share the results with you all again.
Anyways I'm not saying launchpads are safe, they do have risks. So I suggest you to do your own research and invest responsibly. But imo launchpads offer significant potential returns and I feel they're safer than presales.
What are your thoughts on launchpads?
Launchpad is good as long as you have big amounts of capital.
Almost all of launched in the CEX would be giving you very nice ROI. Even some did hundreds or thousands times return for your investment. The only problem is now, is it worth with the time? I meant some launchpad is also relying upon your luck.
It's caused by the lottery system that being implemented in the launched. You can take a look at the picture above. It's clearly said that if so many exchange sites gave decent returns on their launchpad.
The worthiness if launchpad totally depends on your capital. The bigger your capital. The more allocation for you.