Hello friends,
Today, we are going to present to you the question that we constantly confuse, each time asking "how was this, sir?" We will talk about Launchpad and Launchpool, which we asked. First of all, we think it will be more memorable if we look at their Turkish meanings: Launchpad means "firing" or "launch pad" in Turkish, and Launchpool means "launch pool".
As can be understood from the Turkish meaning, in Launchpad, we launch the project directly, while in Launchpool, we rest it in the pool before launching and join the project that has already been launched. In Launchpads, the first beginnings of projects that are not yet listed on the market are usually made, like today's start-up projects. Demands are collected and if we think of the project as a stock, the initial public offering (ICO - Initial Coin Offering) is carried out. "Where did the public offering come from, sir?" If you say, this is the public offering of Crypto, friends. Just as we deposit money in stocks and buy the stock in return at its initial release price, Launchpads are also platforms where we can purchase the project's initial release price.
Launchpads are made to provide all kinds of things that the project needs in the first stage, such as equipment, materials, location, personnel, and to provide the funds necessary to start its operations. Launchpad platforms offer the opportunity to review the project by potential investors and invest to participate in the project. These platforms usually provide detailed information about the project, such as whitepaper, roadmaps and the experience of the team. Users can invest in the project with their own cryptocurrencies or a specific cryptocurrency through the platform.
Launchpad platforms provide many advantages for both projects and investors. Projects have the opportunity to grow their communities and finance their projects by reaching a wider audience, while investors have the chance to earn potentially high returns at an early stage.
Launchpools are platforms that enable users to participate in early stage projects and reward liquidity providers. Launchpool rewards users who provide liquidity to a specific cryptocurrency or project over a predetermined period of time. These rewards can often be in the form of the project's own tokens or the project's partnership tokens with another cryptocurrency.