Your opinion about binance launchpad projects - page 2.

Marvell1

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Quote from: Emperor of Man on April 11, 2024, 06:09:30 PM

P.S: By "investing on launchpad projects", I mostly mean buying and hodling a token which has done its price discovery for a few weeks, not staking BNB to get some tokens.

I have to admit that the majority of projects launched on binance are high quality and have potential but that doesn't mean there won't be failed projects, Binance doesn't guarantee that.

Additionally, buying and holding is much higher risk, so proper analysis and evaluation is required before deciding to buy. Because you buy when they are just listed on binance, which means you have to buy at a higher price than those who stake BNB to receive tokens.

In addition, whether you receive more or less tokens depends on the amount of BNB you stake. It cannot be said that staking BNB only receives some tokens. If you stake 1000BNB, you will see that the number of tokens you receive is not small.

MAAManda

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Quote from: Emperor of Man on April 11, 2024, 06:09:30 PM

1. Your general opinion of this. How good of an idea is to invest on new binance launchpad projects at this time?

That's good, because Binance is the leading crypto exchange platform at the moment, there is no doubt from my side, moreover the projects listed on their launchpad are projects that are game-changer projects.

Quote from: Emperor of Man on April 11, 2024, 06:09:30 PM

2. How can I detect the best of them? I know about the usual due diligence stuff like the team, the community, tokenomics, etc. But is there anything else? Like some rating system or a site that reviews them or something? I've found these kind of information about launchpad projects to be a bit rare.

Due diligence such as team, community and tokenomics has become commonplace, another thing you have to pay attention to is how a project will affect the crypto market in the future, simply put, its potential.

Quote from: Emperor of Man on April 11, 2024, 06:09:30 PM

3. If you have any personal preferences, would you please share them? This is a list of binance launchpad projects, newest on top. Pick your best: https://www.coinspeaker.com/ieo/platform/binance-launchpad/

There are no projects on Binance launchpad at the moment, it's all done, so what should I say here?

bluebit25

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I want to share about my previous approach to CEX that I used to speculate with the exchange's native token to be able to receive incentives around events and certainly launchpad is something that is hard to ignore because of the fact that what has been experienced with it has brought good profits (I only mentioned some leading CEXs such as Binance, OKEX, HTX, ~~FTX~~). But they will still have risks that are sometimes difficult for us to predict and accept like in the case of ~~FTX~~. Coming back to Binance, I also had good experiences with it when in the previous cycle I was quite lucky. Lucky to take advantage of some opportunities, and it would not be strange if in the next stage Binance continues to show their superiority because they are still the leading CEX in the space.

Apocollapse

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What most people do here is stake their stablecoins in order to earn free money instead of invest your money to buy the coins.

If you plan to buy newly listed coins in Binance, it's nothing different with low volume tokens in swaps because you're trying to gamble your money, go big or go home.

Here's one of project from Binance launchpad that people dump after launched https://coinmarketcap.com/currencies/coin98/

The only project that personally I use the service is https://coinmarketcap.com/currencies/arkham/

sheenshane

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Quote from: mk4 on April 11, 2024, 11:48:19 PM

Binance frequently lists dogshit tokens..

I tend to agree with this, and not only that, they keep promoting scam projects.
It might be a trap for new investors.

But we can't blame those investors who keep hoping that there's the same project like MATIC and Axie infinity that many early investors benefited from.

I may advise OP to invest what you can afford and search for a project that has a real utility and doesn't already exist.
It doesn't mean you're in Binance, you're safe.

FinneysTrueVision

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There have been some really successful projects that launched on Binance’s Launchpad, however most of these didn’t really need their own token. Unless you can earn a really high APY as an incentive for providing these tokens as liquidity on a DEX somewhere, I would stay away from them. New token projects are a dime a dozen. Being on Binance Launchpad might give them more credibility, but most of these tokens will be irrelevant within a short time when they are displaced by the new shiny thing.

mk4

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Binance frequently lists dogshit tokens but historically the tokens they list on their launchpad have done great price-wise.

I've held a decent amount back then until price discovery, but I definitely wouldn't hold most of them long-term. I definitely think ENA is going to do great this cycle though.

Emperor of Man

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Quote from: crwth on April 11, 2024, 06:42:25 PM

For your questions:
1. I think it would be ideal to invest what you can afford to lose. It's always going to be like that. You won't know what project you would profit in but it would be nice to put money in a project that you think will moon.
2. Aside from that, I think if the information is rare, don't buy into it. It's better for a project that has concept and details.
3. What do you mean to pick your best? Did you check your link? Everything there has ended. I have seen those pairs already in Binance. If you were to pick, it should be related to a great narrative.

I edited the original post to explain this:

P.S: By "investing on launchpad projects", I mostly mean buying and hodling a token which has done its price discovery for a few weeks, not staking BNB to get some tokens.

Also, the information being rare thingy refers to information about comparing these projects, or scoring them based on their success probability. If there's no information about a project's team or roadmap or things like this, of course I'll never invest!

Bureau

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I have never invested my BNB in any launchpad projects on Binance. Although I do get a small share of tokens as I have placed my BNB in Binance earn which okay for me. Every token when listed gives a good return on investment but I don't think holding them for long term is not a good idea. It is better to sell them in the initial days and move on to the next.

passwordnow

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It is helping you to save time on what project you should research on. But you also need to be quick because after all when the launchpad is done and the token or coin is tradable on Binance and it gets listed already, the dump is for sure going to come. I don't know if there's a huge advantage for the ones who invests there but it seems that everyone has got their fair chance when the market will open for these projects. So, I think you as an investor has got the capital and initiative to do the necessary thing before it gets on the market. You have to make it before everyone does dump it but you still need to do your research if it's sustainable and the contents of the project not just because it's on the Binance launchpad, you'll not do your research as said it's like a shortcut for those investors that just want to have quick profit. That's how it goes and you need to get out of it as soon as possible but some may find it interesting to hold for so long if they believe with what the project is all about like L1,L2 stuff and all of those EVMs that they're considering before they hold it for longer term.

crwth

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For your questions:
1. I think it would be ideal to invest what you can afford to lose. It's always going to be like that. You won't know what project you would profit in but it would be nice to put money in a project that you think will moon.
2. Aside from that, I think if the information is rare, don't buy into it. It's better for a project that has concept and details.
3. What do you mean to pick your best? Did you check your link? Everything there has ended. I have seen those pairs already in Binance. If you were to pick, it should be related to a great narrative.

Orpichukwu

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The link you provided did not make mention of the recent coins, which just finished their launch pad on Binance, and the once's that's still going.

About Binance Launchpad Projects I have participated in it, but I have not received any good reward out of it. Unless you have a large amount of money to use and join the launch pad, I don't think you can make any good profit out of it.

And another thing is that once they announce their listing interval of seconds, the coin will experience all the pump you never can imagine (who are the buyers are the questions I keep on asking), so it will also be hard for you to buy those coins on the early stake.

Emperor of Man

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Hi everyone.

Looks like the bull market is here again, and the question on everyone's mind is that which trains we are going to ride this time? I'm thinking about investing on new binance launchpad projects, because I believe they provide a good balance of profit, safety and innovation. Binance has due diligence for its launchpad projects, and some of the most serious projects in the last bull run have been binance IEOs. Just look at the performance of projects like matic, harmony one, sand, ... in the last bull.

Please help me with these subjects:

1. Your general opinion of this. How good of an idea is to invest on new binance launchpad projects at this time?
2. How can I detect the best of them? I know about the usual due diligence stuff like the team, the community, tokenomics, etc. But is there anything else? Like some rating system or a site that reviews them or something? I've found these kind of information about launchpad projects to be a bit rare.
3. If you have any personal preferences, would you please share them? This is a list of binance launchpad projects, newest on top. Pick your best: https://www.coinspeaker.com/ieo/platform/binance-launchpad/

Thanks.

P.S: By "investing on launchpad projects", I mostly mean buying and hodling a token when its launch ended, got listed, and also has done its price discovery for a few weeks. Not staking BNB to get some tokens before it gets listed.

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