EXBI, a leading cryptocurrency exchange platform, has announced the launch of its new launchpad platform aimed at providing users with access to promising early-stage Web3 projects. Launchpads often provide a range of services, such as marketing support, technical assistance, and access to a network of investors. Some launchpads are affiliated with specific cryptocurrency exchanges, while others are independent.
For example, projects can leverage the expertise of the launchpad’s team to help them navigate the complex world of cryptocurrency fundraising and marketing. On the other hand, investors can benefit from the due diligence and vetting process conducted by the launchpad, which helps minimize the risk of investing in fraudulent or low-quality projects.
Crypto Launchpad – How does it work?
Crypto launchpads typically curate a selection of projects that they believe have the potential to be successful and then offer early-stage token sales to a select group of investors. These projects are often thoroughly vetted and evaluated by the launchpad’s team to ensure that they meet certain criteria, such as having a viable business model, a strong team, and a clear roadmap for development.
Once a project has been selected for a token sale, the launchpad will typically provide investors with important information about the project, such as the price and start date of the token sale, as well as details about the project’s underlying technology and business model. Investors can then purchase tokens during the sale, which are typically distributed to them via the blockchain in a transparent and trackable manner.
Trusted Launchpads like EXBI exist to connect genuine projects and interested communities and also to offer transparency and security to both web3 projects and investors. EXBI, the innovative hybrid exchange, is taking a strategic shift to offer its users an accessible and transparent investment platform.
“Based on our 8 years track record of venture investing in the crypto industry, we believe that the market is in great need of quality Web3 projects that offer clear utility and tangible benefits to everyday people. Our launchpad infrastructure will provide the perfect support system for launching new projects that anyone can invest in, regardless of their experience in сrypto,” says Arut Nazaryan, founder of EXBI.
EXBI has already started accepting applications from teams interested in launching their projects on the launchpad. The first token sale is scheduled to be announced in June 2023. In addition to fundraising, EXBI will also offer legal, financial, and marketing support to launchpad projects. Users will still be able to enjoy spot trading and staking on the exchange, with the added benefit of potentially gaining allocations in launchpad projects for the most active traders.
This new venture from EXBI marks an exciting milestone for the company and the broader cryptocurrency industry. With a focus on transparency, accessibility, and quality projects, the launchpad is strategically positioned to attract a new generation of investors to the crypto world.
To celebrate the launch, the EXBI team has organized a promotional campaign on the Gleam platform. Through this campaign, users will have the opportunity to undertake straightforward quests, earning them XP (experience points) as rewards. A leaderboard will be formed, and the most active participants will be granted the special “Early Bird” status, which may grant access to allocations, exclusive NFTs, project tokens on the EXBI Launchpad, and other rewards in the future!
