The business world that uses a crypto base is currently experiencing a lot of development and is increasingly in demand. This condition makes people realize the opportunities that exist in the world of crypto. The advantage is the greater investment opportunities in Launchpad crypto.

This information is widely known, but many people are still unfamiliar with the term launchpad. Then what is the meaning of launchpad and how does it work? In this article, we will discuss the meaning, benefits, how it works, and how big the investment opportunities are with Launchpad. Let’s see until it’s finished.

What is Crypto Launchpad?

For people who are new to the crypto world or even just planning to start, of course, they are still unfamiliar with the term launchpad. So that it’s easy for you to understand, in simple terms, Launchpad is a platform that allows you to find many investment opportunities in the form of crypto currencies. This is a form of crypto investment project in its early stages even before the project is released or opened to the public.

With this, investors who are just starting at the initial stage can get investment benefits using the token sale method.

Launchpad crypto makes it easy for projects in the form of a blockchain to obtain additional funds or capital and opens access to conduct token sales at an early stage offered to targeted investors.

Another advantage is the use of a launchpad which only costs a little or even free. This is what makes many businesses start their crypto business by utilizing Launchpad as a source of funding. businesses and developers alike are enjoying the huge advantages offered by Launchpad Crypto. The platform will begin a rigorous assessment of the projects started, and all platform users have to do is carry out KYC verification.

Even though the KYC verification process can be considered a simple procedure, it is important to do this and will provide benefits in the form of important data protection that launchpad users will need.

Why It Must be Launchpad?

The top reason for choosing Launchpad is that there are advantages for both investors and developers. The function of this platform is to act as a liaison between investors and entrepreneurs so that they can get funds to start building a business. Conversely, investors will also get profit opportunities in the early stages of the deal. In this way, both parties avoid the risk of big losses.

To know more details, here are the benefits of Launchpad for both parties:

Advantages for Investors

Launchpad will give investors early access to a selection of potentially profitable and innovative crypto projects. A clear example of the benefits is access for investors to be able to choose the coin with the cheapest price. We know that currency values will increase sharply when you enter the money market, so if you can buy it from the initial stage, you will be able to get it at a much cheaper price.

The most fundamental thing is guaranteed security for investors. This is because every entrepreneur who is included in the list has gone through a strict verification process which makes them credible and trustworthy thereby reducing the risk of loss for investors.

Another benefit is that there is an appreciation in value which will increase the investment value over time. That way the biggest possibility in the future that will be found by investors is to get a profit.

Benefits for Entrepreneurs or Developers

Launchpad is known as a provider or source of large funds that are needed by entrepreneurs to start their businesses to the highest stage. Not only that, but Launchpad also provides early-stage cryptocurrency projects before these currencies start to enter the money market which can soar in price.

Another advantage for the developer is that there is an opportunity to increase understanding of the wishes and judgments of investors regarding mechanisms or procedures and also technology in crypto assets that are still in a trial period or are still being developed.

See also : Binance Launchpad and How It Works

How Crypto Launchpad Works?

So that you can understand how it works, it would be better if you know in advance what the purpose of making this launchpad, namely is:

• Ways of raising funds for the development and creation of the project
• Introduce crypto projects to entrepreneurs or developers before they are released or published

With that in mind, Launchpad started building an early-stage community and invited lots of original projects with high potential to the Launchpad platform and allowed investors to start the fundraising process.

So it is clear that the way of working of Launchpad starts with creating a community inviting many investors as community members and raising funds after launching a new token or currency.

Many types of launchpads implement different systems, but what they have in common is the need for a crypto wallet to start the procedure.

Best Crypto Launchpads

Following are some recommended launchpads for you:

1. Kommunitas

Kommunitas is the best launchpad nowadays. This platform network uses a decentralized system, where blockchain-based projects can be assisted in terms of fundraising, token distribution, and liquidation processes.

The uniqueness of Kommunitas is that it has a very comfortable and easy way. This allocation can be done at each level. Investors have been able to get it since the initial round. The initial sale of remaining tokens will apply to a first-come, first-served system and be presented to investors in later rounds.

2. BSC Pad

BSCPad is the first launchpad on the network. This platform network uses a decentralized system, where blockchain-based projects can be assisted in terms of fundraising, token distribution, and liquidation processes.

The uniqueness of BSCPad is that it has a “two-round allocation procedure”. This allocation can be done at each level. Investors have been able to get it since the initial round. The initial sale of remaining tokens will apply to a first-come, first-served system and be presented to investors in later rounds.

3. TrustSwap

TrustSwap is still a decentralized system launchpad in BSC’s network. The operation of this crypto launchpad uses a native token called $SWAP. Uses the latest model multi-chain exchange system and provides many solutions regarding crypto subscription issues as well as problems in the payment process.

$SWAP is widely used in Staking, Smart Locks, as well as Smart Swaps. First out in 2020, TrustSwap aims to be the smart contract that will empower as well as mainstream.

See also : Steps to Launch Project on Crypto Launchpad

4. WeStarter

This is launchpads that enter the HECO network. Created in 2021 and can be used for the initial exchange of projects with BSC, Ethereum, and HECO token types. WeStarter will reportedly add Polka, Avalanche, and other Blockchains to their system.

That’s an interesting review about Launchpad that will make it easier for you to start a business or invest in crypto. We hope that with this review you will be able to see launchpad investment opportunities more broadly and be able to avoid the risk of loss even from the early stages of investing.

Who doesn’t know Binance, which has become one of the world’s leading cryptocurrency exchanges since it was founded 4 years ago? Even since the first time it was founded, this cryptocurrency platform has become the highest in terms of traffic and crypto sales throughout the world.

Even if we look at the progress so far, we have seen the name Binance emblazoned on the football team’s jersey and at various other events and acts as sponsors, which shows that Binance’s reputation has been growing.

What is Binance Launchpad

Binance Launchpad is used as a platform that facilitates the token sale process exclusively on the Binance platform. It includes a process that can help blockchain-based projects in their efforts to raise funds so they can develop and improve their business.

This Binance platform or launchpad has many types of services, for example, features for marketing, matters relating to Public Relations, and features for community management which are useful for helping many projects increase their visibility because they can reach a wider audience with a much wider scope or market wide.

Not only that, Binance Launchpad allows its users to find support features to help and maximize the development of user projects using token sales assistance and their listing methods by simply visiting the Binance.com website.

Binance Launchpad is known to help many projects of the highest quality, such as Fetch.AI, BTT, Celer Network, WINk, and Safe Haven, and Binance Launchpad has helped facilitate the collection of funds needed for the continuity of the business.

Kommunitas Launchpad You Should Know

Talking further about the launchpad this is a platform that will support the project being planned, be it in terms of business management, business product marketing, community management, and technical assistance so that entrepreneurs can be assisted in efforts to improve their brand because increased visibility of their business as a result of expanding audience reach.

There is a Launchpad named Kommunitas has become one of the most popular crypto launchpads in the crypto trading space recently. Not without reason, this is because just as Binance, Kommunitas will help many projects and even help you with the fundraising process for the business continuity and success.

In Kommunitas Launchpad, there are many service options to suit the needs of its users, ranging from Public Relations, marketing management, and community management. This greatly assists a project’s efforts in increasing its visibility to an audience and reaching a much wider range of potential customers.

There are several services on the Kommunitas Launchpad, but which type of service you will use will depend on your goals and usage needs. For business people who are trying to raise funds for the development of their business, it would be very appropriate for them to choose Kommunitas as alternative of Binance Launchpad.

See also : Steps to Launch Project on Crypto Launchpad

Binance Launchpad: Crowdfunding IEO Base

As previously mentioned, Binance Launchpad has helped many of the most popular projects so far in raising funds so they can grow their business to date. Binance Launchpad is known as a platform with a well-known IEO crowdfunding base.

It is well known that the Binance Launchpad has proven its benefits. The beneffits can also given by Kommunitas, so you don’t need to hesitate anymore to choose this launchpad if you are someone who needs funds to develop a business that is just running.

Is the Binance Launchpad Valid?

The most important thing to ensure is validation, and Binance Launchpad as one of the well-known launchpads is certainly legal for you to use without worrying about breaking the law. What’s more, it is a platform for the launch of tokens used in the process of exchanging the most widely used cryptocurrencies in the world.

Many people agree that Binance is currently the best and most trusted cryptocurrency exchange platform of the century.

Another thing you need to know is that Kommunitas Launchpad also runs in valid way and the selected participants must go through an honest trusted polling process. This method was chosen not without consideration, the aim is of course to reduce the risk of fraud and also so that the distribution is much more fair for each user.

The procedure or requirements that must be met if a Kommunitas user wants to take part in the draw is that they have owned or bought tokens for at least 20 days. Therefore, you need to have tokens as soon as possible so you can pass the time limit.

How to Use Binance Launchpad

The next discussion is how to use Binance. For those of you who are still beginners, see the review below so you can understand the procedure well.

Enter the Home Column

The first thing to do is log into the Binance app. Then you select the “Home” menu which you can find at the bottom left of the display. After that step, you will find the “More” menu and you will continue to choose the “Services” menu. After entering the menu, you will find several menu options or other features.

Enter Launchpad Features

In the “Services” menu you need to scroll to the bottom until you find the “Launchpad” menu which you can see is located at the bottom of the “Services” menu.

Then you only need to click the “Launchpad” menu so you can continue the process.

See also : Get to know Crypto Exchanges

Find Desired Token

After entering the “Launchpad” menu, you will find many types of tokens available and you can choose as you wish.

If you want to find the appropriate token from the list, you only need to click on the list or token image you want so you can see the details clearly. This can help you make the most appropriate choice for you.

When you click on one of the tokens, inside you will find information about the terms and conditions that apply, as well as the procedure for buying the token. You need to read it carefully because usually, each token will have different rules.

You will find that most of the token types found on Launchpad use the Binance Coin or BNB type to process transactions. This means that you have to make sure that you also have BNB coins so that you can trade smoothly. You can also use many types of coins on Kommunitas since it is a multichain oriented.

That’s a review of the Binance and also Kommunitas Launchpad that you need to know. Hopefully, this review can provide insight that will help you in making transactions and determining investment or business steps using cryptocurrency on both Launchpad.

Blockchain and cryptocurrency investors realize that following the project from the start will provide higher profit potential. In addition, developers who are just starting their projects will need a lot of funds to expedite their development.

This is the reason for making a crypto launchpad so that there is a liaison between investors and business people or developers. In this discussion, we will discuss many things about the launchpad, including the steps for launching a project on a crypto launchpad.

Crypto Launchpad Definition

Launchpad crypto is used as a platform that allows blockchain developers to raise sufficient capital and provides an overview of initial projects which will be of great help to investors. In it, there are many Initial Coin Offerings or ICOs and also Initial Exchange Offerings IEOs. Its main purpose is to help fundraise and expedite cryptocurrency projects.

Example of good crypto launchpad platform is Kommunitas. This is the perfect platform to launch a project since it is a multichain oriented platform. This means that you have a freedom to launch project in any network, since Kommunitas is multi-chain including Ethereum, BNB Chain network, Fantom, Solana, Avalanche, and so on.

The information available on the launchpad for crypto projects includes assistance in determining the details of the offer, such as token price info, the sale as a whole, the conditions that must be followed before participating, and the specified sale time.

If investors decide to buy a project, then they can use the Bitcoin they have as a transaction tool on Launchpad. You also need to know that many transact using fiat currency, however, in general, more people use cryptocurrency for transactions.

Investors will have a great opportunity to make a profit. the trick is to go to Launchpad and find lots of projects to choose from and buy tokens that have the potential to provide many benefits. But keep in mind that large profits, of course, have a lot of risks, and of course, investors must avoid them. The trick is to do a lot of research and look at the initial stages of the launchpad carefully and calculatingly.

Steps to Launch Project for Developer

Developers, once you’ve decided on the launchpad you want, here’s how to launch a project on Launchpad.

1. Choose and register yourself on the launchpad you want.
2. Register by filling in your identity completely and verifying the account until it’s finished. After verification is complete, you can log in and enter Launchpad.
3. Don’t forget to connect your crypto wallet and put the token into it.
4. After that you will be asked to upload the project and fill in detailed information starting from personal information to information about the project that you are about to launch. Fill it.
5. Then when finished, you will find a menu to start launching or uploading your project.
6. Make sure that you have agreed to the terms and conditions before submitting your project.
7. After the form is sent, it will be reviewed and after it has been received through the authentication process, if there is an offer, there will be an incoming notification email to your account. Then your project is registered successfully.

See also : Get to know Crypto Exchanges

Steps to Use Crypto Launchpad for Investor

Let’s look at the steps so you can use Launchpad and start creating projects. Some steps may look different, and you only need to adjust it to the type of Launchpad you choose:

1. The first step is to create an account on the Launchpad you chose, after you verify your email, you only need to enter the link provided and start logging in with the address and password that you created.
2. After you log in, you need to complete the KYC verification process. In this process, you will need your ID card as well as a place and a bright background so that the photos needed for the verification process are good and visible.
3. To be able to start participating in Launchpad, you need to fill your crypto wallet with the tokens that you have purchased. In this case, you need to pay attention to the rules that apply to each purchase because generally, the rules will be different.
4. Enter to see the available projects and you start registering, then you can start participating if it’s allowed.

Advantages of Crypto Launchpad

The advantage of Launchpad for developers is the possibility for them to find sources of funds that can meet their needs in developing a crypto business.

The advantage for investors is that there is an early stage projection so that investors can get cheaper token or crypto prices because they get them before the coins go out to the public or the market.

If you look at the reviews above, the crypto launchpad has provided benefits for two parties. First, for developers, they will get a large flow of funds as needed. Meanwhile, investors will get a cheaper price at the initial stage. So it’s no wonder that Launchpad is in great demand and has been widely used lately.

Launchpad Types

The following is a list of several launchpads that you can choose according to the type of fundraising and also what projects are supported

1. Launchpad IEO or Initial Exchange Offering

This site is widely used for fundraising specifically for crypto coins. Many business people use this platform to sell crypto tokens for profit like on MEXC or Binance.

2. Launchpad ICO or Initial Coin Offering

Many people use it to start a project on a blockchain basis and to raise money by selling tokens or interacting directly with interested investors.

3. Launchpad IGO or Initial Game Offering

This launchpad is a platform that targets investors who are interested in games virtual games or the like. Developers are allowed to interact directly with their potential investors and explain their projects in detail so that they can attract more interest. Examples are Seedify and GameFi which it includes.

See also : What is Arbitrum Crypto Launchpad?

4. Launchpad INO or Initial NFT Offering

This is a container that facilitates token generators of the non-fungible type, also known as NFTs. Investors will have a choice of action, whether they will choose to collect money or immediately buy all the existing items. Polkastarter is included in the INO launch pad.

5. Launchpad IDO or Initial DEX Offering

Many are also known as initial launches in a decentralized exchange system also called decentralized exchanges. Once found a project that uses the mechanism of this IDO model.

That is the information, and I hope it will give you more info about Launchpad and how to participate in it. You can also check the Kommunitas launchpad and enter the site so you can get more detailed profitable information.

In the millennial era like today where the internet is increasingly rampant, crypto exchanges are becoming more and more popular and are becoming a field of investment. If you are interested in starting to take steps to work in this investment field, then you need to add insight and learn more about what cryptocurrency is and how crypto exchanges work so you don’t take the wrong step.

Definition of Crypto

Cryptocurrency is known as a digital currency or it is also called virtual which can be reviewed through cryptography. Cryptography makes counterfeiting cryptocurrencies impossible.

Blockchain is a place where all the history or records of cryptocurrency transactions are stored properly. The wide spread of blockchain channels its network to many computers so that there are many sources and more secure, the system is called a decentralized system. This means that each user will freely make transactions with fellow users directly without even the help of a third party.

Use of Cryptocurrency

Not only used as a tool for buying and selling transactions, crypto or cryptocurrency is also widely used for investments with profits or long-term projections. This is mostly due to fluctuations or the value of crypto which always goes up and down all the time so many apply a long-term vision.

Laws or rules of demand and supply also apply to it. So if more and more people invest in cryptocurrency, the value will also be higher. It will be very good if you can make analysis efforts and look for crypto at low prices but the revenue will be high in the future.

In several countries, this crypto is also included in the gold commodity which has followed the legal regulations in force in that country and has even been registered with a state institution, which means that its level of legitimacy is beyond doubt.

Even so, state regulations stipulate that this cryptocurrency only applies as investment value and cannot be used as a valid exchange currency for buying and selling transactions.

Crypto Exchange Advantages

1. Cryptocurrency is known to be in digital form without any physical form that will take up space and we cannot even touch it. But you don’t need to be disappointed because fiat currency applies, which means that one day you can exchange this crypto for money and withdraw it whenever you want.
2. Only with internet media, cryptocurrency users can make transactions between users online and directly in a network known as blockchain. This means that in making transactions, users do not need to use third-party services which will add value and sometimes be detrimental, and this is what is referred to as a decentralized system.
3. Another great thing is that the value of the cryptocurrency is the same in every country, so there will be no exchange rate like the currency we use so far, and this is what makes many people interested in crypto.

A very annoying thing is when we want to send money to another country we are required to create an account. Then the currency must be equated with the currency of the destination country and the prevailing exchange rate, where if the destination exchange rate is higher, more money will be required.

What’s more, there is an additional fee for the services of a central bank that assists in the transfer process. Unlike crypto money, we can send it right away without having to go through the annoying things as stated above.

4. You don’t need to worry about the privacy and confidentiality of data from using this crypto because all data is properly encrypted even when you are making a transaction. At the time of the transaction, our identity will not be known by the transaction partner and vice versa. Your real name will not be seen and known by anyone, even crypto designation will not be known by many people so confidentiality is very, very protected.
5. If you look at it in general, currency transactions between countries will always involve the central bank in the transfer process or procedure, but this is no longer the case in crypto exchanges. This means that each of us must take full control and responsibility for what will happen or the result of this transaction. This is a system known as DeFi or in more detail Decentralization Finance.
6. This issue of trust is important, but did you know that in crypto transactions, the system will do everything; including checking and verifying data so you don’t have to bother checking and don’t need to trust anyone? When a transaction is recorded on the blockchain, no one can know anything related to that transaction.

See also : What is Arbitrum Crypto Launchpad?

Example of Cryptocurrencies

In cryptocurrency transactions or exchanges, we can find lots of choices or types of cryptocurrency that you will use. However, this time we will only discuss the top 3 most popular and most used cryptocurrencies so far. Let’s see the review.

1. Kommunitas (KOM)

Kommunitas is more than a “launchpad” or “IDO Platform” – it’s a decentralized crowdfunding ecosystem for web3.0 projects. Beyond fundraising for various blockchain projects (like Ethereum, BSC, Polygon, Solana, Avax, Fantom), it offers comprehensive support: Marketing, Community Management, KOL and VC Connections, SEO, even project development services.

Kommunitas has pioneered groundbreaking concepts like Initial KOMmunity Offering (IKO) for decentralized IDOs and Social Engagement Burning, which rewards engagement across social media with reduced token circulation.

Investors gain not only from capital gains but also through passive Revenue Sharing by holding and staking KOM tokens, earning Stable Coins and KOM Tokens.

2. Bitcoins

Everyone will agree and be familiar with this one cryptocurrency, namely Bitcoin. It is the cryptocurrency with the most users which automatically makes it the most expensive but also the most sought after.

See also : Bitcoin and Launchpad

3. Ethereum

Ethereum also runs like a general cryptocurrency that uses a blockchain system. The striking difference is that Ethereum uses a smart contract system where this system utilizes code to secure the blockchain. There needs to be an agreement on the terms and conditions specified before the two parties involved in the transaction can continue the process to completion.

4. Bitcoin Cash

Bitcoin Cash is a derivative of Bitcoin. Bitcoin Cash is a very popular alternative because many people think it will be able to replace Bitcoin whose price is already too high in the market for some people. So do not be surprised if this is included in the top three most popular.

You must also instill in yourself that investing, trading, or exchanging crypto must begin with careful research and consideration and should not be careless.

So that you can get the best information and provide tips for you, please visit the Kommunitas site as one of the best launchpads and guaranteed security. Hopefully, this review can be useful for you.

Since it was first created, it seems that cryptocurrencies will still have a lot of enthusiasts and will always grow from day to day. This is based on the fact that more and more people are getting into the world of crypto and investing in it.

In the world of launchpad crypto, the term Arbitrum is known. What is Arbitrum? Arbitrum is a Layer-2 scalable solution used on the Ethereum cryptocurrency, and its purpose is to add quality performance as well as scalability to the Ethereum blockchain.

Ethereum is known as one of the leading decentralized blockchain platforms. In it, developers can be able to develop applications with a decentralized system or what is called a dApp and also smart contracts. Limited processing power creates many constraints on Ethereum, including the problem of high fees and long transaction times.

With such problems, the Ethereum community has been looking for options or ways to find solutions to Layer-2 scalability methods. This is a protocol in the Ethereum blockchain that was created to add capacity to its network.

Whereas Layer-2 solutions like the one in Arbitrum allow transaction processing even outside the network, decentralization and security on the Ethereum blockchain network are well maintained.

Get to know the Founders of Arbitrum

Arbitrum was first introduced by Offchain Labs, which is a development company located in New York. The names of its founders include Steven Goldfeder, Ed Felten, and Harry Kalodner, who were researchers while still at Princeton University. They have years of experience in cryptography, computing, and blockchain science.

Ed Felten is known to have an educational background with a professorship in computer science at Princeton University. He served as Deputy CTO during President Obama’s presidency. He belongs to the Offchain Labs Scientist line and serves as Head.

Steven Goldfeder is known as a computer scientist as well as an entrepreneur with an educational background with a Ph.D. from Princeton University. Has an important position as the founder and the CEO of developer Offchain Labs.

The last one is Harry Kalodner who is a scientist in the field of computers and received a Ph.D. candidate at the same University, Princeton. He is also one of the founding members of the CTO of Offchain Labs.

Offchain Labs is reported to have managed to raise a profit of up to $120 million in 2021 in its latest Series B funding event led by Lightspeed Venture Partners which has a value of $1.2 billion. There are still many names of investors who are already familiar, including Pantera Capital, Polychain Capital, Mark Cuban, and others who are equally well known.

Getting to Know How Arbitrum Works

Arbitrum implements the Optimistic Rollup architecture or drafting. This will allow transactions to run even when outside the network but can still pass the verification process within the network.

This method will greatly help cost efficiency and also time during the transaction process running through to completion, but the quality and security of the network will remain excellent and good.

Process in the Optimistic Rollup

The Optimistic Rollup process takes place in two stages, as follows:

1. The Submission phase is when the transaction goes outside the main blockchain but the validator will still consider it a valid transaction. The validator’s job is to carry out thorough verification and secure records of all transactions that have previously taken place on the core blockchain.
2. The challenge phase is the phase when the transaction undergoes an inspection process by the validator. When an error is found, the transaction will be considered canceled and changes will be made to the transaction record.

For transactions to run consistently and safely, Arbitrum is equipped with a technology called Multi Round Fraud Proof Verification. This is a technology that will assist validators in facilitating the process of verifying repeated transactions, and this is what will increase user trust and security when making transactions.

See also : Bitcoin and Launchpad

Arbitrum Launchpad

Arbitrum also has a launchpad ecosystem called Arbitpad. The incubator and IDO platform ArbitPad seeks to transform the way early-stage ideas obtain crowdfunding on the Arbitrum blockchain. The goal is to develop decentralized financial apps for the ecosystem while also offering IDO services that are open, fair, safe, and simple to use on Arbitrum.

With the usage of Arbitrum APD token, users may take advantage of a number of advantages and features, including as lower costs, access to chances for early-stage investment, and governance rights.

Apart from Arbitpad, there is also a good crypto launchpad platform called Kommunitas. Since Kommunitas is multichain, it becomes special because it open to any project on any network such as Ethereum, BNB Chain network, Fantom, Solana, Avalanche, and so on.

Arbitrum Features

The following are some of the features offered by Arbitrum:

Compatible with Ethereum

Arbitrum is fully usable with smart contracts as well as dApps from Ethereum. The process of deploying smart contracts can be done very easily by even novice developers in the Arbitrum network. Programming tools and languages can also use those that are already known by the developers so that it’s easier.

This technology can be adapted to start the process of building applications that use scalability in their performance system.

Advantages in Terms of Scalability

Arbitrum is easy to customize, developers will be able to easily determine the level of security and decentralization that suits their needs and wants. Developers are allowed to define the validator mode according to their wishes in the network. Developers can also choose to choose a third party that acts as a validator.

It is very flexible and allows developers to adapt security, performance, and decentralization to their needs.

See also : Get to Know Ethereum’s Innovations and Launchpad Advancements

Fees for Conducting Transactions

Arbitrum has another advantage in the form of very affordable fees. Transactions on Ethereum can be very expensive due to high gas prices and this is necessary in the process. Arbitrum, which can process transactions outside the network, allows developers to get cheaper prices when making the same transaction. This will further add profit margins for the developers.

In the end, we know that Arbitrum is a very useful Layer-2 scaling solution for Ethereum and is effective in addressing scalability and performance issues in the network. The architecture that builds on Optimistic Rollup makes transactions effective and efficient, and the flexibility of its compatibility with Ethereum languages and tools makes it even easier for developer adoption.

Ethereum is always evolving, so Arbitrum is also growing to increase the scalability and usability of decentralized applications. You can also try using the Kommunitas launchpad which is also the Arbitrum launchpad which you can trust for its safety and usability.

This is a tool or platform that is no less interesting and can provide the same benefits as other launchpads, even though you will find more convenience when using the Kommunitas launchpad. Hopefully, the above reviews can be useful and add to your insight.

Bitcoin is the first cryptocurrency ever created that was introduced to the world in 2009. Bitcoin is the one who pioneered the concept of cryptocurrency and the blockchain ecosystem. Thousand of cryptocurrencies have appeared in the market since bitcoin was released back then. But Bitcoin is still a favorable one for people to save and gather since it has a big value and a wide variety kind of transactions.

Bitcoin Launchpad

Launchpad is a platform that helps cryptocurrency projects to launch and grow. It helps the project development by helping the developer team gain financial support from the investors through fundraising and token sales events. Not only helping projects to gain financial support, Launchpad also often helps the cryptocurrency project to gain exposure and build community.

Why Bitcoin Doesn’t Have Launchpad Platform

Nowadays big crypto ecosystem has their launchpad to support cryptocurrency project that are willing to join their ecosystem. Bitcoin is the most renowned cryptocurrency so far and has the biggest value in the crypto space. Even with the biggest value in cryptocurrency, Bitcoin doesn’t have a launchpad. This condition raises a question, Why does Bitcoin not have any launchpad?

Currently, there is not yet a Launchpad platform that is based on Bitcoin. Bitcoin itself is not used as a platform to launch new projects like Ethereum or other blockchain cryptocurrencies. Bitcoin’s limitation in script language and capability make it difficult to be used as a platform for launching new cryptocurrencies like the other big cryptocurrencies that often release new crypto tokens.

Therefore, not yet existing does not mean it can’t exist. There are possibilities to create a launchpad based on Bitcoin, but to create a launchpad platform based on Bitcoin is rather challenging, or rather big challenge. Some factors make it difficult to create a Bitcoin-based Launchpad Platform:

1. Limited Script Language

One of the factors why it is challenging to make is because of the limitation of the Bitcoin script language, The scrip language of Bitcoin is mainly to maintain security and reduce the risk of vulnerabilities. Because of this script language limitation, it is difficult to implement a complex function such as a smart contract that is needed for the launchpad system.

2. Transaction Complexity

Bitcoin has main function is to be a digital currency and make it transferable between addresses. implementing complex and intricate feature such as fundraising and token creation by Bitcoin transaction is a complex thing and require a lot of effort.

3. Decentralization and Consensus Mechanism

Bitcoin consensus mechanism focuses on keeping the security and decentralization nature. The implementation of a launchpad platform mechanism might be not suited to the Bitcoin consensus mechanic that can create errors in the Bitcoin network.

See also : Get to Know Ethereum’s Innovations and Launchpad Advancements

4. Ecosystem Limitation

The ecosystem of Bitcoin has already changed from the function of a currency for transactions to the currency to save value and digital currency. The infrastructure for building complex decentralized applications and platforms, like Launchpad, is more developed on platforms like Ethereum and Polygon.

Polygon can be a good example of a good ecosystem to create a good launchpad such as Kommunitas launchpad which has high throughput and low transaction fees to ensure a swift and cost-effective crowdfunding method.

5. Transaction Cost and Speed

Bitcoin transactions can have variable fees and confirmation times, making it less suitable for the rapid and cost-effective execution required by the launchpad platform.

Due to the difficulties and complexity, most launchpad platforms are built on another blockchain platform. The launchpad platform needs a cryptocurrency that offers more flexible smart contract capabilities, faster transaction speed, and a supportive ecosystem for creating a system that can provide a launching cryptocurrency project.

Bitcoin Role In Launchpad

Even though Bitcoin doesn’t have any launchpad for launching new cryptocurrency projects, it still plays a role in other cryptocurrency project launches. There are some Bitcoins in helping other cryptocurrency projects to launch. Those roles are explained as follows:

1. Fundraising Investment

Bitcoin is an uncommon choice for a transaction in token sale, unlike the Ethereum-based token which is mostly used. The transaction using Bitcoin directly is also accepted for raising funds by many projects. Investors could transfer Bitcoin to the addressed wallet in exchange for a new token from the project or another item as a sign of participation in funding the project.

2. Securing Transaction

Blockchain in Bitcoin can be used to verify and record any transaction related to the project securely. It has features that can record many important information such as the previous ownership and agreement. The information is saved in Bitcoin’s blockchain.

Tokenization and Aset management

Bitcoin can be used as cryptocurrency leverage for the developer team. People can obtain leverage by digitalizing real-life assets and turning them into Bitcoin. Turing a real-life asset is also known as the tokenizing process.

See also : What Is The Best Solana Launchpad

3. Cross-border Transaction

Bitcoin doesn’t have limitations such as country boarder and currency borders. Bitcoin’s values are also always the same wherever you are and whenever it is used. The borderless nature of Bitcoin can help cross-border transactions such as international payment, remittance, and transactions that involve participants or investors from another country.

4. Security and Integrity

Bitcoin can provide good security and integrity for storing the data transactions under the blockchain. Some transaction during the new cryptocurrency project development requires a high level of data integrity, which makes Bitcoin the one suitable instrument.

5. Store of Value and Hedging

Bitcoin has a nature that can’t be affected by the world economy and monetary condition. It makes Bitcoin really useful because it can be an asset that is not affected by inflation. Bitcoin also can be used as leverage for new cryptocurrency projects to manage financial risk or to offer value to their stakeholder.

In summary, Bitcoin is not a platform that is used to launch new cryptocurrency projects, unlike the Ethereum-based crypto space which has a launchpad platform. A cryptocurrency project developer needs to consider how the project can align with Bitcoin’s nature and attributes before choosing to use Bitcoin as their currency during the fundraising.

Ethereum has been well-known in the cryptocurrency community for a long time. Ethereum stands out in the cryptocurrency space because it has several key features and breakthrough innovations in the cryptocurrency system. Ethereum’s features and innovations it popular in the crypto space and many newer cryptocurrencies adopted its features and innovations.

What Is Ethereum?

Before we talk further, let me introduce you the Ethereum itself, Ethereum is a blockchain platform that introduces a new system in the cryptocurrency space.

Ethereum’s innovation makes the cryptocurrency become something that is beyond the digital currency transaction. Ether (ETH) is a native cryptocurrency from Ethereum that can roled as a digital currency like Bitcoin, but it can serve more inside of the Ethereum ecosystem platform.

What Can Make Ethereum Stand Out

Ethereum is well known as a standout platform that brings cryptocurrency beyond the digital currency used for transactions. With some innovations and features, Ethereum become a stand-out cryptocurrency platform among many platforms in the cryptocurrency space. Those innovations and features are explained as follows:

1. Smart Contract and Decentralized Applications (DApps)

Ethereum is the first platform who pioneer the concept of smart contracts. A smart contract is a self-executing contract with code that automatically executes predefined actions when the condition and requirement are met.

This feature makes it possible for the development of decentralized applications (DApps) that can process a wide range of orders, from financial services and identification to supply chain management and gaming. The DApps innovation already attracts many developers and innovators from various industries.

2. Versatility and Programmability

Ethereum has a versatile nature because the Ethereum blockchain is Turing Complete. Because of that nature, Ethereum can perform any computation that a classical computer can do, within certain resource limitations. This versatility allows developers to create highly customizable and sophisticated smart contracts and applications. This is in contrast to some other blockchains at that time where they might have limited scripting languages.

3. Ethereum Improvement Proposal (EIPs)

Because Ethereum has an active and transparent governance process, it allows participants to propose and discuss improvements to the network. The feature for participants submitting their proposal and discussion is named Ethereum Improvement Proposal (EIP).

After participants submit their proposals, their proposals will be checked to be approved, and changes and improvements for the network. This community-driven approach fosters innovation and adaptability for the Ethereum network itself.

See also : What Is The Best Solana Launchpad

4. Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs)

Ethereum has been a driving force behind Decentralized Finance (DeFi), which focus on creating financial service without intermediaries. Currently, DeFi is popular since the concept can allow anyone to interact with financial services without intermediaries such as banks, brokers, or other centralized institutions.

Ethereum is also the one that pioneered and is the primary platform for Non-Fungible Tokens (NFTs). The Non-Fungible Token concept is successful in transforming the way of establishing digital ownership and provenance of various digital tokens such as digital arts, collectibles, and many more.

5. Ethereum 2.0 (Ethereum LaunchPad)

Ethereum undergoes the transitioning process from a proof-of-work (PoW) consensus mechanic to a proof-of-stake (PoS) consensus mechanic. The PoS consensus mechanic is a part of the Ethereum upgrade system that is expected to improve the scalability, energy, efficiency, and security of the Ethereum Network. This upgrade also includes a project Ethereum Launchpad.

Those are some Ethereum features and innovations that make it stand out from the other cryptocurrency platforms. Because of those features and innovations Ethereum became popular, favorable, and loved by its community. They also tend not stop to creating innovation and improvement to provide better service for the cryptocurrency community.

Ethereum Launchpad Platform

We have talked a lot about Ethereum and know that Ethereum is an innovative cryptocurrency platform. We also get information that Ethereum has its launchpad platform during the update system from the Ethereum to the Ethereum 2.0.

There are some information that you might need to know about the Ethereum Launchpad Platform in Ethereum 2,0 update:

1. What Kind of Launchpad Platform

Etherium Launchpad is a launchpad platform that is powered and supported by the Etherium Platform. This platform allows many developers to fundraise or sell their projects inside of the platform. The Ethereum launchpad platform controls the token sales with smart contracts so every transaction within the token sale event is done automatically.

2. How The Ethereum Launchpad Platform Work

In Etherium 2.0, the Etherium Launchpad platform uses a Proof-of-Stake (PoS) consensus mechanism. With the PoS, the validator can stake some Ether (ETH) as native Ethereum cryptocurrency in the Launchpad Platform. The Ether that validator stakes can be used to fund the project that is listed in the Etherium Launchpad.

As for reward for the validator who staking their Ether currency, they can gain a staking yield that can be claimed after a certain period. Not every user can get a reward from staking, to get a staking reward user needs to be a validator. To be a validator in the Etherium Launchpad Platform a user needs to participate staking inside the platform. Users need to participate in staking with at least 32 ETH.

See also : Polkadot: Definition, Founder, and Its Launchpad

3. Advantages and Disadvantages of Ethereum

Advantages

1. The Proof-of-stake conscious mechanic allows a wide range of fundraising for projects inside the launchpad. This can benefit the project developer and the staking participant.
2. The staking event is an energy-efficient solution for a token sale event where participants don’t have to spend a lot of energy for mining, they only need to stake the Etherium and then receive the reward.
3. The launchpad offers educational space for newcomers, so they can learn information related to the staking event such as deposit contracts, and community rules. Staking rule, and general nature of the system. With this people can learn about many things related to the Ethereum launchpad before joining the staking program.
4. The stacking program is good for people who want to hold ETH for a long time. By stacking their ETH they can help fund projects while keeping their ETH safe and gaining interest.

Disadvantages

1. The user might need to wait to enter the launchpad. It is caused by the Ethereum launchpad has thousands of validators queue waiting to be signed in.
2. The earning from the staking program depends on the amount of Ether stacked in. The more a validator stacks in, the more yield can be claimed.
3. Staking is only fruitful for a long term period.

The other good and trusted launchpad is the Kommunitas launchpad. This launchpad is considered a best launchpad that can support many projects such as gaming, NFT, Metaverse, and Defi from any blockchain ecosystem.

Solana is one of the renowned cryptocurrency platforms and is ranked on the top list of cryptocurrencies. Solana is an open-source blockchain platform that is designed to provide fast, secure, and decentralized applications and cryptocurrency. Solana become a favorable platform for programer because it can provide better speed and scalability compared to the other crypto-currency platforms.

What Is Solana?

Before we discuss more about the Solana Launchpad, let me introduce you the Solana itself, Solana is a high-performance blockchain platform that focuses on creating a high performance of scalability, security, and decentralized.

Solana is an open-source public blockchain that supports Decentralized applications (DApps). SOL coin is used as a local cryptocurrency inside of the Solana platform to serve as a way of securing the Solana network and transactions within the Solana network.

Solana platform’s specialty is the scalability and the fast confirmation speed. Those two factors make Solana stand out among many in the cryptocurrency space. There are some specialties from Solana that are explained briefly as follows:

1. High Throughput and Scalability

The main specialty of Solana is its high transaction throughput. Solana combines two consensus mechanisms which are Proof-of-History (PoH) and Proof-of-Stake (PoS). The combination of the PoH consensus mechanism and PoS consensus mechanism allows the network to process a large number of transactions per second (TPS). With this method, the speed computation from Solana potentially rivals traditional financial systems in terms of speed and capacity.

2. Fast Confirmation

Solana achieves low confirmation time in processing transactions because of the combination of PoH and Pos consensus mechanics. The low confirmation time in processing transaction is suitable for application that needs near-instant formulation such as trading and decentralized exchange.

3. Paralel Processing

“Tower BFT” is a parallel processing technology that the Solana network uses that allows the Solana network to process the transaction in parallel. This technology increases the overall throughput of the network by allowing it to process multiple transactions simultaneously.

4. Layer-1 Solution

Solana aims to achieve high throughput and scalability at the layer-1 level, unlike the other blockchains that rely on layer-2 scaling solutions to address scalability issues. This method can simplify the development process for decentralized applications and reduce the reliance of reliance on additional solutions.

See also : Polkadot: Definition, Founder, and Its Launchpad

Solana Launchpad

The Launchpad platform is a kind of digital platform that is associated with cryptocurrency. The crypto launchpad platform is a special platform that facilitates the launching of new cryptocurrency projects mainly in the form of ICO (Initial Coin Offering), IEO (Initial Exchange Offering), and IDO (Initial DEX Offer). The Crypto Launchpad platform offers help for a new cryptocurrency project to raise funds or gain exposure within the cryptocurrency community.

With Solana which became popular in the cryptocurrency world, the demand for Solana-based projects keeps rising from time to time. The cryptocurrency community demands more and more Solana-based projects to be launched in a safe and secure environment for both investor and developer projects. To support the project launched safely and secured, there are some Launchpad-based Solana which are:

1. Kommunitas

Kommunitas is an IDO platform, considered the best decentralized crowdfunding platform. This launchpad welcomes to any projects from a wide range of industries and niches. It also open to any project that comes from any blockchain so it can absorb and help many potential projects that can develop advancement in Web 3.0.

2. Solanium

Solanium is an IDO platform that helps cryptocurrency by organizing fund-raise events. On the Solanium platform, investors can participate in public token sales to earn maximum profit with minimized risk.

Solanium uses a tiered system and launchpad where the participant must hold an xSLIM token to participate in the IDO token sale. To gain xslims tokens the participant needs to stake SLIM tokens for some specific period (max 1 year).

3. Solstarter

Solstarter is one of the first IDO platforms that was created for Solana. The Solstarter uses Ethereum and Binance as the reference to conduct a fundraising event through an Initial Coin Offer (ICO) and Initial DEX Offer.

Solstarter focuses on providing a completely democratic and decentralized distribution methodology to its customers. Solstrater always ensures that users can participate in the funding and launch Solana-based projects as individual investors.

4. Dexlab

Dexlab is a platform that helps a project-based Solana launch by using a token minting lab, a launchpad, and a dedicated DEX for listing the cryptocurrency. Dexlab is a DEX platform that integrates Solana-based tokens that operate without needing a code.

Dexlab is different from other platforms because Dexlab can provide the token sale and market listing for Solana-base tokens. It can be done by Dexlab because Dexlab provides a GUI to issue Solana-based tokens, where Dexlab seeks to eliminate the problem such as the lack of linkage for the environmental setting in the Solana-base token.

See also : About Cardano and Cardano Launchpad

5. Raydium

Raydium is an Automated Market Maker (AMM) that is based on the Solana Blockchain. Raydium also shares liquidity with Solana in the decentralized exchange using the name Raydium.

Raydium has a primary instrument that can allow it to do digital asset trading such as cryptocurrency without restraint through liquidity pools under its role in the decentralized Finance (DeFi). By combining the flexibility of an AMM with the dependability of serums, Raydium can provide an alternative source of liquidity for Solana’s rapid liquid, and low-cost trading.

6. Starlaunch

Starlauch is the first accelerator and Initial DEX Offering (IDO) launchpad that is protected by insurance. The insurance in the Starlaunch launchpad gives the participants protection from unwanted scenarios that could put risk in their investment. The Starlaunch launchpad establishes a dual token mechanism which is the STARS as a deflationary token and Hydrazine as a secondary utility token.

To join the IDO in the Starlaunch platform participants need to stake some STAR tokens in the Stralauch fusion vault to produce Hydrazine. The accumulated Hydrazine from the staking program is required to register the participant to join IDO by accessing Starlaunch’s web application. From that, the participant will have 72 hours for registration and a 3-5 day window for following Know-Your-Customer (KYC) screening. Around 24 hours after the KYC screening is finalized, a day purchase window will appear and the participants who already registered will be able to join the IDO in Starlaunch.

Those are the examples of Solana-based launchpads that are usually people use. To choose whether is the best launchpad platform for Solana depends on the nature of the project, the goal of the project, and the expertise level of the team. Each of the launchpads has its advantages and disadvantages that need to explored to conclude as the better launchpad platform.

Now many people are interested in crypto assets. Especially now that you can have many types of crypto assets, one of which is Polkadot. Even in 2021, Polkadot is an asset to Crypto’s rulers.

Many people think that Polkadot has a bright future, so many people are investing in this digital asset. Currently, Polkadot has entered the ranks of the top 10 digital assets with high market capitalization.

The polka dot design itself is also quite revolutionary and can provide a solution to various problems such as high transaction fees and network congestion.

Before you decide to invest, let’s get to know Polkadot as a whole first.

What is Polkadot?

Before we discuss Polkadot’s digital assets, you must first understand what Polkadot is. Polkadot launchpad is a decentralized multi-chain with the web.

Polkadot is designed with a decentralized system that allows its users to have full control over the network. DOT is the native cryptocurrency of Polkadot Launchpad.

DOT currencies also have various payment facilities, transaction fees, and network governance. This is what makes Polkadot different from other cryptocurrencies because it is designed to provide many incentives to its users.

Founder of Polkadot

Who was the first person to design this digital currency? namely, Galvin Wood who is also one of the founders of Ethereum. Galvin Wood is also the developer of the Solidity Ethereum programming.

During the creation of Polkadot, Wood was also assisted by two other founders namely Peter Czaban and Thiel Fellow Robert Habermeier. In 2016, the Whitepaper from Polkadot was released and in 2017 it managed to raise 145 million dollars in funds.

After going through a fairly fast process, in 2020 Polkadot was finally launched on the inline mainnet. Now, the Polkadot governance holders are the people who own the DOT tokens.

So it is no longer a central entity that has power in Polkadot governance. Meanwhile, the DOT redenomination is at a ratio of 1:1000 and has succeeded in becoming the top 10 Crypto due to the relatively high market capitalization value.

How Its Work?

As one of the best digital assets, Polkadot offers the easiest service for all of its users. The way Polkadot works is that it can send funds from one digital wallet to various other digital wallets.

The Hash feature is the address that the user will give to the beneficiary of funds. Meanwhile, the Private Key feature is a password that has authorization and helps broadcast transactions over the network.

Polkadot also uses a multi-chain network and allows processes and transactions to be carried out simultaneously. This system is called parachain which allows data and transactions to be processed using several chains in parallel.

See also : About Cardano and Cardano Launchpad

What is the Uniqueness of Polkadot?

When compared to other digital assets, Polkadot has its uniqueness. One of the uniqueness that other digital assets do not have is Parachains which is a blockchain solution. In addition, Polkadot can also remove friction between projects and can provide compatibility for other platforms.

Polkadot also has a substrate that allows any project to work on the blockchain, even before they are deployed on the network. Many people think that Polkadot can kill some Crypto like Ethereum because it has this uniqueness.

However, it turns out that the uniqueness of Polkadot can complement existing blockchains. Not to compete, but Polkadot is a decentralized application that improves what already exists.

Polkadot Launchpad

Different from other launchpad, Polkadot offer its launchpad with Polkastarters. Launching cross-chain token pools and auctions is the purpose of the blockchain-based Polkastarter platform.

It intends to help blockchain startups in their initial stages raise money and circulate tokens effectively. Interoperability is emphasized by the platform, which also offers advantages like rapid swaps, high security, and cost-effective transactions.

Polkastarter deals with problems brought on by earlier token launch techniques, like as ICOs and IEOs, which have concerns with fraud and accessibility. As DeFi gained popularity, IDOs on DEXes started to appear, but they lacked real compatibility.

The value of Polkastarter is in the launchpad it offers, which even individuals without technical knowledge can utilize to build up cross-chain token pools and auctions.

Apart from Polkastarters, there is a Kommunitas launchpad platform. Kommunitas is a decentralized and tierless web3 launchpad that resides on the Polygon network. However, what makes Kommunitas special is it is multi-chain oriented, so it is open to projects also launched on the Ethereum, BNB Chain network, Fantom, Solana, Avalanche, and so on.

Tips for Choosing a Polkadot Wallet

If you want to use Polkadot, then you must have a digital wallet. You will use the Polkadot Wallet to store all the crypto coins you have. Now there are many types of digital wallets that you can choose from.

Here are several choices of Polkadot wallets that you can use:

Hardware

Hardware wallets can also be called cold wallets. This wallet offers more secure offline storage. But the drawback is that the costs used are more expensive.

Software

The second option is a software wallet that provides more convenience than a cold wallet. Even though they provide convenience, software wallets are not safe.

You should not keep too many coins because they are easy for someone else to take.

See also : NFT Launchpads: Enabling Digital Ownership and Innovation

Online Wallet

This last option is the most widely used. Online wallets are very easy to use and have many advantages. You can use online wallets for free and it is the best choice among hardware and software wallets.

If you want to invest in Polkadot, you can buy tokens that are not yet publicly traded. You can buy it on the launchpad platform. This launchpad platform will provide access to purchasing tokens from a project.

On Launchpad, you can buy tokens from projects that haven’t even been released to the public. A privilege for cryptocurrency users. Moreover, there are many types of launchpad platforms that you can use and provide various accesses so you can buy tokens from projects owned by Polkadot.

How to Buy Polkadot

If you are interested in buying Polkadot then you have to buy it on the official platform. Buying on the official platform guarantees safety. You can buy it on Crypto Exchange because it is officially registered and safe.

Here are some steps you can follow to buy Polkadot:

• First, you can choose a safe crypto exchange.
• Second, you can deposit to the Crypto Exchange that you have previously selected. Make sure you choose an officially registered platform so that the funds you enter are safe.
• Third, you can buy DOT. After making a purchase, the DOT will automatically enter the online wallet that you have provided.

It can be concluded that Polkadot is a revolutionary company in the Crypto world. Polkadot itself uses a multi-chain network and enhances existing digital assets.

This concept can finally reduce some of the problems of blockchain technology that were previously difficult to overcome. This is what makes Polkadot perfect for the Crypto ecosystem.

Kommunitas is the best Polkadot launchpad that you can use. Here there are lots of interesting features that will help make your digital investment easier, fun, and secure.

Currently, there are lots of modern investment methods that you can do. Investing in stocks, mutual funds, and deposits, Cryptocurrency is the best investment choice with minimal risk. In this millennial era, investing in digital currency has become very popular.

Most people when they hear cryptocurrencies will refer to Bitcoin. Even though there are many other types of digital currency besides Bitcoin. Indeed Bitcoin is the most popular digital currency, but now you can start to get to know Cardano.

Cardano is no less cool than Bitcoin. Even Cardano is present as a Bitcoin competitor and several other Crypto. There are several advantages that Cardano has that other cryptocurrencies don’t have.

Before you start investing in Cardano, we summarize the following for you.

What is Cardano?

Cardano is one of the digital currencies that has successfully emerged as a competitor to Cryptocurrency which is already well-known and has a big name. Cardano emerged as a blockchain project that has a goal, namely proof of stake (PoS).

Proof of Stake (PoS) is a term from the concept when investing using crypto. This means that when someone invests, he can save the crypto asset transactions that they have. So, when you have a lot of Cardano then you have higher bargaining power in crypto investment.

Cardano is also referred to as the crypto blockchain of the third generation. Cardano can go beyond the first generation of blockchains i.e. Bitcoin and Ethereum. As the third generation, Cardano was considered successful in just a short time.

Here are some solutions to the first and second-generation blockchain problems that Cardano has successfully overcome:

• Cardano can operate with scalability and can expand the network.
• Cardano can make two systems even more so that they have the ability to exchange information more quickly and safely.
• Cardano also has better sustainability than the previous two generations.

The History of Cardano

Cardano is one of the cryptos that has been around for the past few years, and it’s not even old enough compared to Bitcoin and Ethereum. Present at the end of 2015, Cardano is also known as the ADA token symbol.

The person who created Cardano is Charles Hoskinson, who is one of the creators of Ethereum. Charles Hoskinson is quite popular in the field of mathematics, but he is also interested in entrepreneurship.

Therefore, he tries to unite his mathematics and business thinking, moreover, he has succeeded in the Ethereum project which is also considered very successful. Starting from here, finally, Cardano was formed.

Charles Hoskinson who was involved in the creation of Ethereum also learned a lot while creating Cardano. He strives to perfect Cardano so that it doesn’t have the same mistakes as Ethereum. This is what made Cardano succeed in becoming a cryptocurrency with a blockchain in the third generation.

See also : NFT Launchpads: Enabling Digital Ownership and Innovation

How Does Cardano Work?

As we know, Cardano is the best version of the third-generation blockchain which perfects the previous two blockchain generations. Surely the way it works will be more secure and sophisticated. This is also supported by the existence of two layers on Cardano.

These two layers are the Cardano Settlement Layer and the Control layer. Here’s the explanation:

• Cardano Settlement Layer

This feature has a role as the first layer that you can use to manage all Cardano transactions. So when there is a Cardano transaction, this feature will automatically respond because of the first part of Cardano.

• Control Layers

This feature has a role that is no less important, namely ensuring the security of the transactions you make.

These two features have succeeded in making many investors choose Cardano because of its high level of security. Likewise with Proof of Stake which is managed by the Ouroboros system. It is this system that has made Cardano successful in having high scalability so that it can expand the network in more secure conditions.

Cardano Launchpad

A platform or service known as a “Cardano launchpad” makes it easier for new projects or tokens to be introduced to the Cardano blockchain network. The purpose of launchpads is to give projects a quick and safe way to debut their tokens to the market, draw in investors, and generate money for development.

The word “launchpad” is used in the cryptocurrency and blockchain industries to refer to platforms that facilitate the token launch process; it is not exclusive to Cardano. The phrase “Cardano launchpad” only applies to launchpads that function as part of the Cardano ecosystem, though.

There are lots of crypto projects that you can easily find, but not all of them are safe and most of them are scams. Therefore you need to become an official Cardano Launchpad to invest safely.

You can participate in good and profitable projects. As long as you can follow the process and guaranteed security system. You will get maximum results in crypto investment.

Apart from Cardano Launchpad, there is also Kommunitas launchpad in Polygon network. There are lots of features for you to choose from if you want to launch a coin in Kommunitas. In addition, transactions in the Kommunitas are also safer and avoid scams.

See also : Metaverse Cryptocurrency Launchpad

The Advantages

The main advantage possessed by Cardano is Proof of Stake which uses the Ouroboros system. This system makes this cryptocurrency work more efficiently than the previous two generations.

This Proof of Stake system is also more convenient and safer for beginners who want to get involved in crypto investment. Because you only need to look at the chart and make a decision. This is very different from Proof of Work, the system used in the second generation.

Proof of Work requires you to have large capital to make a profit. Of course, this is burdensome for beginners, so Cardano is here to complement it. With the Proof of Stake system, beginners can save first and when the funds are collected they will withdraw Cardano.

Cardano Selling Points

How much selling value can we get from Cardano? Currently, Cardano’s selling price is at US$1.70. This value is quite affordable for beginners who want to invest.

If you compare it with Bitcoin it is very far away. Bitcoin does have a very high selling value, but the capital required is also large. If you only have limited capital, then there’s nothing wrong with trying Cardano.

Although investing in cryptocurrencies is also unpredictable. Either it will go up or down, so you have to be diligent in looking at cryptocurrency charts.

Kommunitas is one of the best platforms providing Cardano Launchpad. Here, you can enjoy various advanced features and choose Kommunitas as the best Cardano Launchpad. You will feel the security and comfort of doing transactions here.