10 Best IDO Launchpad Platforms in 2024

If you’re looking to make a fortune in crypto in 2024 (and who isn’t, to be fair), focusing on IDO launchpads can be a strategic move. Platforms like Seedify, DAO Maker, and BSCPad have built strong reputations for their fundraising capabilities and impressive ROI figures. There are other great options though. 

Specialized platforms like GameFi and Polkastarter offer unique opportunities in gaming and cross-chain pools. Meanwhile, TrustPad emphasizes investor protection, and ChainGPT Pad targets AI projects. With such a diverse array of options, it’s clear that knowing the best launchpads and understanding each launchpad’s strengths can be very beneficial.

In this article, we pick the 10 best IDO launchpad platforms in 2024. We used various criteria, including reputation, historical performance, types of projects that have launched on it, and many others. 

What is a crypto launchpad?

First, it’s necessary to grasp what crypto launchpad platforms are. A crypto launchpad is a specialized platform designed to facilitate fundraising for blockchain projects, primarily through methods like Initial DEX Offerings (IDOs), Initial Coin Offerings (ICOs), and Initial Exchange Offerings (IEOs). They are a great way to find and buy new crypto projects before they are listed on exchanges.

These platforms serve as a vetting system, filtering out fraudulent projects and providing you with access to legitimate investment opportunities (typically at discounted rates) before public trading.

Crypto launchpads assist projects with marketing and community engagement. This enhances their visibility and increases the chances of successful fundraising outcomes in a competitive crypto market. They allow for diverse fundraising models, each catering to different project types and investor preferences.

This supports the broader development of the crypto ecosystem. Overall, it exemplifies a trend toward decentralized finance mechanisms that provide wider access to capital while adhering to an ethos of transparency and community governance.

What are the different types of crypto launchpads?

At the heart of these platforms are several key types, including Centralized Exchange Launchpads (IEOs), IDO Launchpads, ICO Launchpads, Presale Launchpads, and Specialized Launchpads.

IDO Launchpads stand out for facilitating token sales on decentralized exchanges. The benefits include higher transparency and immediate liquidity. They also foster community governance over project listings, so users can influence project direction.

Centralized Exchange Launchpads (IEOs), aka Initial Exchange Offerings, on the other hand, conduct token sales directly on cryptocurrency exchanges. This model leverages the exchange’s infrastructure for liquidity and user base. 

In contrast, ICO Launchpads involve direct token sales to early investors without the regulatory oversight present in IEOs, relying heavily on initial marketing and community support.

Presale Launchpads cater to early investment rounds. They provide dedicated platforms for vetted projects to attract initial backers who can benefit from discounted token prices.

10 Best IDO Launchpads

You’re about to explore the top IDO launchpads in 2024. All of these have demonstrated significant fundraising capabilities and strong community engagement.

These platforms have collectively raised millions, with DAO Maker facilitating 128 IDOs worth $54 million and Seedify launching 72 projects for over $26 million.

1. Seedify – Community-driven voting mechanism

Seedify has a very impressive track record in the IDO launchpad space, having successfully launched 72 Initial DEX Offerings (IDOs) and raised over $26 million in total capital. It has been highly effective as a fundraising platform for early-stage projects.

With an average all-time high (ATH) return on investment (ROI) of 46.2x for its projects, Seedify demonstrates strong investor interest and potential profitability.

What sets Seedify apart is its community-driven voting mechanism. It allows users to participate in the selection of projects that receive funding. This enhances investor engagement and project credibility. As a result, only the most promising projects are supported.

As a dedicated launchpad for gaming and metaverse projects, Seedify focuses on supporting next-gen blockchain solutions, and it’s a big contributing factor to the growth of the Web3 ecosystem.

Main features:

• Successful in launching 72 IDOs and raising over $26 million.
• Strong community-driven voting mechanism for project selection.
• Focus on gaming and metaverse projects.
• Combines crowdfunding, incubation, and decentralized governance.
• High investor engagement and mentorship for startups.

2. DAO Maker – Retail-oriented startups

DAO Maker is a leading IDO launchpad platform in 2024 with a strong reputation. With 128 IDOs successfully launched and a total of $54 million raised, it shows a strong track record in empowering innovative ventures to secure critical funding.

DAO Maker excels in fundraising but it also prioritizes transparency and security. Its average ATH ROI of 37.4x for IDO participants displays significant investor appeal and profitability potential.

This platform is particularly focused on nurturing retail-oriented startups, lowering barriers to participation, and broadening access to fundraising opportunities for a wider range of investors.

As a premier IDO crypto launchpad, DAO Maker provides essential support services, including project vetting and community engagement initiatives, that contribute to a project’s credibility and success in the market. Despite a high number of IDOs launched, DAO Maker has strict criteria for what projects it launches.

With partnerships across various blockchains like Solana and Ethereum, it has massive versatility and reach. Leveraging DAO Maker’s capabilities, projects can tap into a robust framework designed to foster success and community-driven growth.

Main features:

• 128 IDOs launched with $54 million raised.
• Strong Holder Offerings (SHOs) system for experienced investors.
• Focus on retail-oriented startups and lowering participation barriers.
• Real-time project monitoring with the DAO Pad feature.
• High security and community engagement.

3. BSCPad – Made for Binance Smart Chain projects

BSCPad is an IDO launchpad platform specializing in facilitating fundraising for projects on the Binance Smart Chain (BSC). As a launchpad, it has successfully facilitated over 70 IDOs and raised approximately $49 million for various projects. It’s very effective in capital generation for new ventures.

BSCPad utilizes a tiered allocation mechanism, allowing participation from a diverse range of investors based on their token holdings. This approach is good for security and investor protection. It involves conducting thorough due diligence on projects before listing them on the platform.

The average ATH ROI for projects launched on BSCPad is notably competitive.

As a pioneer in the Binance Smart Chain, BSCPad focuses on equitable access to token sales while fostering user engagement through community involvement in project selection.

Main features:

• Specializes in Binance Smart Chain projects with over 70 IDOs launched.
• Tiered allocation mechanism for diverse investor participation.
• Conducts thorough due diligence on projects for security.
• “First-Come-First-Served” token allocation mechanism.
• Strong capital generation and fair token distribution.

4. GameFi – Launchpad for blockchain gaming projects

GameFi is somewhat of a niche leader in crypto IDO launchpads It’s specifically tailoring its services to blockchain gaming projects that incorporate play-to-earn models and NFTs. Our article on some of the best play-to-earn crypto games highlights the kind of projects GameFi supports.

If you’re someone who believes crypto gaming will continue to rise in the future, and you want to get it early on gaming-related projects, GameFi stands out with its extensive support for fantasy gaming, betting, and NFTs. It leverages the Solana blockchain for transparency and a low entry threshold.

The statistics are telling: GameFi-related IDOs have raised over $184 million in recent years. There is a lot of demand and interest in this sector.

It also has a very low barrier to entry. The lowest allocation tier is only 20 GAFI, which, at the time of writing, translates to approximately $54. While this is only a lottery tier, it’s still a great way to get involved with a crypto-gaming project from the ground up.

Main features:

• Niche leader in blockchain gaming and NFTs.
• Affordable entry barrier with the lowest allocation tier at only 20 GAFI (~$54).
• Focus on play-to-earn projects and fantasy gaming.
• High demand for gaming-related IDOs, raising over $184 million.

5. Polkastarter – Specializing in cross-chain token pools

Polkastarter is an old-timer in the world of IDO launchpads. It has facilitated 112 IDO launches, which has resulted in raising a total of $49 million. Plus, we really like their motto “feels good to be early”.

This platform specializes in cross-chain token pools, allowing projects to access liquidity across multiple blockchain ecosystems.

Similar to some other entries on this list, Polkastarter employs a community-driven governance model, so token holders can vote on project eligibility for participation. This strong focus on project vetting contributes to a higher success rate and investor confidence in listed projects.

While it’s definitely not very expensive to be eligible for an allocation, it’s still higher than many alternatives on this list. You need to have 1000 POLS, i.e. just under $300 at the time of writing for a minimum allocation.

Main features:

• 112 IDOs launched, raising $49 million.
• Specializes in cross-chain token pools for multi-chain fundraising.
• Community-driven governance model for project vetting.
• Higher entry cost compared to alternatives (1000 POLS).

6. TrustPad – A focus on security

TrustPad, true to its name, heavily focuses on security and community engagement.

This decentralized multi-chain launchpad prioritizes investor protection through thorough vetting and compliance measures. They do their best to make sure only high-quality projects reach their platform.

TrustPad’s approach is based on a tiered allocation system that is very friendly to smaller retail investors. You can get a guaranteed allocation for 15,000 TPAD, or only about $15 as of October 2024. 

This strategic decision promotes active engagement and aligns the interests of both projects and investors. The platform has already demonstrated its effectiveness by facilitating multiple successful IDOs and raising significant funds for innovative blockchain startups.

Main features:

• Emphasizes security with thorough vetting and audits.
• Friendly to small retail investors with extremely low-cost guaranteed allocations.
• Multi-chain launchpad with a focus on investor protection.
• Incubation services for new blockchain projects.

7. ChainGPT Pad – Combining AI with blockchain

It was only a matter of time before we got a “GPT launchpad”, and well, ChainGPT is it. As the name suggests, it combines AI with blockchain and provides features such as smart contract generators driven by AI.

ChainGPT Pad emerged as a well-known IDO launchpad platform largely due to its innovative approach to decentralized fundraising. This platform excels in facilitating token launches for AI and blockchain projects. It offers a streamlined process for investors looking to capitalize on the part of the market where crypto meets AI.

With ChainGPT Pad, you can utilize its multi-chain support to access a broader investor audience across various blockchain ecosystems, including Ethereum, BNB, Polygon, Avalanche, and more.

The launchpad’s governance model empowers token holders to actively participate in decision-making, enhancing community engagement and project credibility.

Notably, ChainGPT Pad has a track record of successful IDO launches, indicating its growing reputation and reliability within the crypto fundraising landscape. Its structured IDO mechanism guarantees fair token distribution and ideal liquidity provision from the onset of a project.

The only potential drawback is that the lowest guaranteed allocation tier requires 20,000 CGPT, which is $2850 where its price is currently at. This might be a bit steep for investors who only want to dip their toes in the world of IDO launchpad platforms.

Main features:

• Integrates AI with blockchain, offering AI-driven smart contract generators.
• Multi-chain support across Ethereum, BNB, Polygon, and others.
• Strong governance model with active community engagement.
• Higher entry barrier with 20,000 CGPT (~$2850) for guaranteed allocation.

8. Enjinstarter – Blockchain gaming and metaverse

Enjinstarter has carved out a niche for itself within the IDO launchpad landscape by focusing on blockchain gaming and metaverse projects, particularly those integrating NFTs into their fundraising strategies.

They have a community-driven approach that incentivizes user participation and engagement. Check out our list to find some of the best Enjin games to play.

Enjinstarter offers tiered participation levels, which enables investors of varying capacities to engage in token sales. Of all the IDO launchpad platforms on our list, this is the one with the lowest requirements for an allocation. You need only 1250 EJS, or roughly $2 to be eligible for an allocation, albeit a minute one.

With a unique initiative portfolio targeting high-potential projects, Enjinstarter aims to drive innovation in the gaming and blockchain sectors.

It leverages cross-chain capabilities to facilitate access to a diverse range of projects. Investors can enjoy seamless participation.

Main features:

• Focuses on blockchain gaming, metaverse, and NFT projects.
• The lowest entry cost for token allocation (1250 EJS, ~$2).
• Cross-chain capabilities and seamless participation.
• Emphasizes community building among gamers and developers.

9. Avalaunch – The best choice for Avalanche blockchain developers

Avalaunch is an IDO launchpad that excels in supporting projects built on the Avalanche blockchain. It’s a prime choice for developers within this ecosystem.

Its focused approach allows for deep integration with Avalanche’s scalable network, providing targeted exposure for investors.

Its tiered allocation system grants participants varying levels of access based on their committed investment amount. This system includes a dual-IDO mechanism, offering a Community IDO round open to everyone with staked XAVA tokens and a Gold Staker IDO exclusive to long-term XAVA stakes.

In 2024, Avalaunch aims to enhance user engagement through community-driven voting mechanisms that influence project selection for funding. This helps ensure that only high-quality projects are showcased.

Avalaunch has successfully facilitated numerous IDOs and is one of the most significant contributors to the overall fundraising success for projects within the Avalanche Network.

Main features:

• Specializes in Avalanche blockchain projects.
• Dual-IDO mechanism with community-driven voting for project selection.
• Strong tiered allocation system with long-term staking incentives.
• One of the top contributors to Avalanche project fundraising.

10. BullPerks – Community-driven launchpad 

Last but not least, BullPerks is redefining the role of community involvement and fairness in fundraising. BullPerks is a community-driven launchpad that empowers users to participate in decision-making and funding for blockchain projects.

With a venture capital model, it has successfully facilitated multiple IDOs, attracting strong community engagement and support that enhances project legitimacy.

The platform implements a tiered incentive structure, rewarding both small and large investors with equitable access to token allocations. 

Bullperks operates on a First Come, First Serve (FCFS) model for all tiers except the highest one (Platinum). This means that any investor can participate in active deals until the token limit is reached. 

This approach ensures every participant has an equal opportunity to secure an investment allocation. They claim to offer guaranteed allocations only to the highest tier because guaranteeing allocations to lower tiers would result in lower allocations for everyone.

BullPerks engages its community by offering gamified experiences that increase user involvement and enthusiasm in the fundraising process. This approach has shown promising returns on investment for early backers.

The platform also offers multi-chain compatibility. They support major blockchains such as Binance Smart Chain, Ethereum, and Solana. This allows projects to raise funds from a diverse pool of investors.

Main features:

• Community-driven with a venture capital model.
• First-Come-First-Serve (FCFS) model for all tiers except Platinum.
• Multi-chain support for Binance Smart Chain, Ethereum, and Solana.
• Gamified experiences to engage users and enhance community involvement.

Overview of the best IDO launchpads

The bottom line

Each IDO launchpad deserves its spot on our list, but not all for the same reasons. Top platforms like Seedify, DAO Maker, and BSCPad boast impressive fundraising capabilities and ROI. Other notable platforms include ChainGPT Pad for AI projects, Enjinstarter for blockchain gaming, and Polkastarter for cross-chain pools. 

To maximize the value that you get, you’ll need to understand the specialized focus and benefits of each platform, and then make a choice based on what matters most to you.

Looking for more investment advice? Feel free to read our article on the best crypto projects to invest in. If you’re more interested in gaming, here is a list of the best gaming crypto to invest in.