The digital world is catching up with a new trend of cryptocurrency. Anywhere it is, the prevalence of cryptocurrencies is quite common. With its widespread, the crypto world is flourishing, and with passing days, it is anticipated to thrive further because of the surging popularity and the growing number of users. Individuals are coming up with crypto-based projects, and the platform for crowdfunding has become common. Whatsoever, even with the increased number of fundraising platforms, the crypto world is still open to new ideators and ideas. Polkastarter Clone shall be a perfect aid in launching the Decentralized Fundraising Platform and being a part of the revolution in the crypto world.
IDO Launchpad, A Decentralized Fundraising Platform
Every project needs to be funded even though it is worthy or sustainable. Simply put, without proper funding, it is difficult to develop a project and work on it. In today’s world, there are many number of crypto projects in line and it is quite difficult for all individual project to raise funds. This is when the IDO launchpad comes into the scene and plays a significant role in helping those projects. Have you heard about it? If not, here’s a brief explanation about it.
IDO launchpad is a decentralized fundraising platform. It brings an opportunity for project holders to raise capital for their crypto projects from potential investors. This is a platform combining the investors and project holders, benefitting both of them. It is often known by the term crypto lauchpads as it is solely designed and developed for crowdfunding to be carried out for crypto-related projects.
When it comes to the basic functionality of IDO launchpads, the project holders need to submit their projects for approval. Depending on the nature of the platform, it is approved by the community members, or it might use a poll system, i.e., the projects with a maximum number of Yes would be listed. Once the project is approved and the IDO token is listed, the investors when interested in investing in the project will buy the token. Thereafter, investors sell the bought token and gaina better return on investment.
Polkastarter – A Platform For Cross-Blockchain Fundraising
Polkastarter is a blockchain fundraising platform that is specifically designed and developed for startups or crypto project holders to raise capital. To say this in an elaborate manner, this platform is most commonly used by blockchain projects in an early stage, which needs to be funded and will be able to distribute the tokens for doing so.
As it is a cross-blockchain fundraising platform, it is quite simpler for projects to create cross-chain swap pools. This way, project holders will easily raise funds and investors can go for risk-free investments. The secured investment is mainly because of the reason that swapping is automated due to the incorporation of smart contracts.
Key Highlights Of Polkastarter
- Polkastarter was founded by Diago Martins and co-founded by Daniel Stockhaus. This platform is set to run on the Polkadot blockchain.
- A protocol is being developed for multi-chain token pools. It entitles blockchain projects to raise funds in a decentralized space based on Ethereum, Matic network, BNB Smart Chain, and other blockchain networks.
- POLS is a native token of the Polkastarter. For liquidity mining, governance, and paying transaction fees, POLS is made use.
- Polkastarter is also meant to support various other auction types like dynamic swapping, dutch auctions, and sealed bid along with Standard swapping.
- Its salient features consist of permissionless listings, anti-scam capabilities, KYC verification, and many more.
Polkastarter Clone – A Perfect Ladder For Techprenuers To Provide A Stage For Fundraising
Polkastarter Clone is a white-label solution that is similar to the existing Polkastarter, relying upon the features as well as functionality. Because of the customization, modification and the selection of features-set and blockchain used for development will be yours. Techpreneurs with the thought of providing a stage for project holders to raise capital in an early stage before the project hits the market could launch a decentralized crowdfunding platform like Polkastarter. The major pros of the Polkastarter Clone are instant deployment and cost-effectiveness. Undeniably, this will be a better option in comparison to creating the IDO launchpad right from the start, as it might take a bit longer.
Benefits Of The Crowdfunding Platform Like Polkastarter
Crowdfunding platform like Polkastarter holds the following benefits. Check out the list.
- The instant trading facility will make it certain to purchase the IDO tokens immediately. The early investors will have an option to buy the tokens at a minimal price. And trade them for a higher price in the later stage.
- The immediate liquidity ensures that the tokens for new projects will be able to pair with altcoins to offer the instant liquidity pool.
- The polkastarter like platform is unique with a distinguishable attribute of offering a fair fundraising approach as literally any investor. They can be a big trader or not, all they get is a mutual chance to hold the token.
Ending Thoughts
The craze for cryptocurrencies is a never-ending cycle. With each passing day, the number of blockchain projects is soaring, and so is the demand for decentralized fundraising platforms. Intending to deploy an IDO launchpad like Polkastarter? Connect with the IDO launchpad development company that is coming through with a white-label Polkastarter Clone. It is fitted with important features and perfectly fits in the desired blockchain network you choose.
