Empower IDO Projects With The Customizable BSCPad Clone Development

If you’ve been a crypto observer for a while now, you would know the track record of fundraising models – ranging from ICO to IDO now. As the business world keeps expanding, more projects start to rely on these fundraising models to taste success. However, keeping an eye on the already-existing launchpads is quite difficult.

We help you discover one such launchpad in the form of a BSCPad clone that benefits all the parties involved. To better understand the potential of this clone, you need to understand the following:

Demystifying BSCPad clone

BSCPad is one of the earliest (If not, The earlier) decentralized IDO platforms for the BSC (Binance Smart Chain) network. What if you can replicate such a platform? Yes, you can customize the BSCPad clone and launch your own IDO launchpad. Most importantly, you can deploy your launchpad on the blockchain of your choice and not just Binance!

People use launchpads to filter & choose the “best” or “better” initiatives that have undergone some type of vetting by the launchpad. These platforms are in high demand because they provide direct access to Bitcoin initiatives as well as the ability to invest in them. The launchpads have received project proposals, filtered them, and then posted them for bidding on the website.

Engineer The Crypto Future With A Launchpad Like BSCpad

Previously, there were a lot of security and trust issues in the Initial Coin Offering (ICO) projects due to various reasons. A study by Satis Group (a New York-based advisory company) back in 2018 reported that the vast majority of ICOs are scams. It’s tough to make definite conclusions based on this information. Cryptos are still a high-risk investment, but they have the potential to pay off handsomely if they succeed in the long run. Whether a business fails because it was dishonest from the start or because it was not sustainable in the long run, investors lose money.

On the other hand, IDO launchpads mitigate risks and bestow golden opportunities for investors. Regular investors now have access to previously unavailable opportunities to venture capitalists and other large-scale investors. Because of the security and accessibility of these launchpads, more users are looking to the IDO launchpad development and using them, as well as investing in their enterprises. Anyone can now purchase tokens in any amount, with the assurance of being safe from scammers and receiving guaranteed outcomes.

Key Features of the BSCPad clone

Fixed Tiered System

While other launchpads follow the random process to incentivize the investors, the launchpad like BSCPad rewards the investors through a fixed tiered system. By doing so, the IDO launchpad or project owner gives a sense of identity to the investors, thereby increasing the donations over time.

The BSCPAD is known for its two-round mechanism, which ensures that users in each tier receive an allocation. There will be no luck, lotteries, or bots; instead, all participants will get equally divided awards based on their BSCPad token holdings.

Liquidity Pool

One can’t enter the crypto market with little or zero liquidity, could you? Liquidity pools play a significant role in the illiquid markets by incentivizing users. In return, they provide crypto liquidity for a share of the trading fee. A functioning crypto liquidity pool must be built in such a way that crypto liquidity suppliers are encouraged to stake their assets in the pool.

Liquidity pools are the X-factors of the fundraising launchpad development that maintains the price of the project-native token (within the platform).

Wallet integration

A wallet is where one can keep their currency safe, be it fiat or crypto. The customizable BSCPad clone provides crypto enthusiasts with a myriad of wallet options (to integrate), including the fiat wallet.

Both for the launchpad creators and investors, wallet integration is inevitable as they might receive rewards on it. With the creators though, they might need to facilitate transactions within the platform.

Multi-niche Characteristics

While few launchpads continue to target a specific set of audiences, the BSCPad focuses on a wider audience. Take ShibaPad, for example, which tries to woo meme enthusiasts from the Binance Smart Chain. 

On the other hand, BSCPad empowers IDO launchpad projects from across niches and uses token distribution to receive funding. After all, launchpads should be accessible for everyone, ain’t it?

How to Make Your BSCPad Clone stand out?

Early-stage investors have the potential to buy at much lower prices and sell at much greater valuations once a coin goes public.

“Incentivize” until you could

The common belief is that launchpads are attractive until the moment they stop incentivizing their investors. Make sure there is continual engagement within the platform, which you can accomplish with reward programs easily.

As the bar for competition is high, you must experiment beyond the usual to keep your launchpad up and running.

Value investors’ feedbacks

Stay alert for any potential feedback from the investors and platform users (in general). It might help you tweak the BSCPad clone script and implement those suggestions. 

Remember that neglecting the negative feedback might tarnish the platform and IDO projects (as well).

Conclusion

Each launchpad acts as a bridge between potential investors and newbie crypto projects. As the crypto space is burgeoning with communities, the need for more launchpads can’t be overstated.

For a crypto observer (like you), investing in the customizable BSCPad clone might reap long-term benefits.

Are you ready to facilitate and earn with the BSCPad clone?

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Marketing is my soul mate and writing is my side kick. Using my writing skills to share the knowledge of app development and upcoming technologies.