Place/Date: - June 26th, 2022 at 10:45 am UTC · 3 min read
When it comes to new and upcoming crypto projects, the community plays a large role in their success and growth. When a project is in presale, it depends on its community to engage and invest for it to do well long-term. Launchpads such as BoostX and Binance Launchpad are prime examples of this as they rely on their community of users to help promote upcoming projects.
Launchpads essentially act as a marketing platform for presale projects, promoting them to investors. As token costs are low when a project is in presale, users have the opportunity to invest in high-potential projects for low costs. The main aim of a launchpad is to help projects raise funds before launch as well as grow a strong community for the long term. Ultimately, this depends on the community of the launchpad.
BoostX is one of the better launchpads within the market due to its diverse features. Focusing on being unique in the market and standing out from other launchpads, BoostX uses this to attract users.
One of BoostX’s key features includes its dynamic dashboard. This enables project creators to customise their presale so each project promoted on the platform is unique, providing a wide range of projects for users to choose from. The customisation includes pricing types, rewards, bonuses, and more. This is a smart way of keeping the community in mind and attracting users to use its platform.
As many launchpads do not focus on diversity and the needs of different users, this is an advantage that BoostX holds. Additionally, this is also attractive for project creators as they know that using BoostX to promote their projects will reach a wide audience.
Another strong launchpad in the market is Binance Launchpad. As one of the very first launchpads to enter the market, it has helped various projects raise funds and become successful.
STEPN (GMT) is a prime example of the success a project can have with the support of a strong launchpad. It was promoted on Binance Launchpad and is now in the top 100 cryptocurrencies.
As Binance (BNB) is one of the biggest cryptocurrencies and blockchains in the crypto space, its launchpad has the automatic privilege of having a large audience. With all projects promoted being showcased to an average of 10 million users, this is a given advantage every project has.
Due to Binance’s strong community, each project promoted on Binance Launchpad has a higher potential to grow and succeed with the help of the community.
Although there are a lot of factors that contribute to a project’s success, there is nothing larger than its community. For example, an average crypto project will do better than a high-quality project if it has more investors. Of course, the quality of the project is what attracts users to invest, however, the community is no doubt the heart and soul of the success of a project.
Both, BoostX and Binance Launchpad are great examples of this, and if you’re looking for a launchpad to find new projects, or looking to launch your own project, these are the top ones to use.