According to the GreySpark Partners ICO report that covers 1,900 ICOs, over 890 of the ICOs failed to raise any money. As a result, by July 2019 more than 800 cryptocurrencies were dead. With more than 50 per cent of all initial coin offerings (ICOs) that started in 2017 and 2018 failed to raise a single dollar.

What once looked like a valid alternative to Initial Public Offering (IPO) failed miserably. Some of the major challenges this form of crowdfunding struggled with are:
โ€ข the possibility of scams
โ€ข disappointing product developments
โ€ข lack of interest and necessary traction
โ€ข challenges in execution
โ€ข no existence or decline of a suitable market
โ€ข poor marketing or go-to-market strategy

With the traditional institutions warming up to crypto industry, the methods of crowdfunding are evolving. Many of the budding crypto projects are opting for a crypto launchpad to raise capital because of following advantages:
โ€ข Crypto launchpad act as a vetting process for new projects. Thus, they protect investors interest.
โ€ข They lower the barrier to entry for investors as the launchpads provide token purchasing privileged to investors at a reduced price before tokens hit the market.
โ€ข Crypto launchpads provide a way to raise capital for new projects.
โ€ข Safer platform than ICOs.
โ€ข Communities convolute and create a network effect for better community building.

#bitcoin #launchpad #ido #icoโ€‹ #ethereumโ€‹ #nftโ€‹ #annadreambrushโ€‹ #harmonyโ€‹โ€‹โ€‹ #oneโ€‹โ€‹โ€‹ #altcoinsโ€‹โ€‹ #ethโ€‹โ€‹โ€‹ #scalingโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #Chainlinkโ€‹โ€‹โ€‹ #LINKโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #VeChainโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #btcโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ โ€‹โ€‹โ€‹โ€‹ #altcoinโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #investingโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #cryptocurrencyโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #cryptoโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #investโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #binanceโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ โ€‹โ€‹#newsโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #successโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #financeโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #entrepreneurโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #businessโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #marketโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹#stakingโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #NFTโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #NFTsโ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ #grayscaleโ€‹ #geminiโ€‹ #coinbaseโ€‹ #krakenโ€‹ #CROโ€‹ #Bondlyโ€‹ #Elrondโ€‹ #BNB #DAO #DAOMaker #TrustSwap #SWAP #ZeroSwap #ZEE #Ignition #PAID

Timestamps
00:00 Introduction to Launchpads and IDO Platforms
02:16 Binance Launchpad – BNB token
05:22 DAO Maker – DAO token
08:43 TrustSwap – SWAP token
11:01 Zeroswap – ZEE token
12:42 Paid Network’s Ignition – PAID Token

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23 replies
  1. Marion Smith
    Marion Smith says:

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  2. Marissa Tristan
    Marissa Tristan says:

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