Indeed, as someone who is involved in the world of cryptocurrency and blockchain investors, we all know that investing at an early stage is something that can provide enormous potential.
As we know, a start-up does need exposure to their share of funds, and by using Arbitrum Crypto Launchpad you can start investing in start-ups that have great potential that can provide you with long-term profits. Crypto Launchpad itself will bridge between investors and also the founders of the start-up you want to invest in.
What is Crypto Launchpad?
Launchpad crypto is a platform that will later allow a project based on blockchain to be able to increase the value or amount of capital while also providing access to token sales at an early stage. Which will later be passed on to certain groups of investors.
This platform has also often been a place for carrying out Initial Coin Offering (ICO) or Initial Exchange Offering (IEO) activities. The aim is to be able to help in collecting funds to be used later in developing the cryptocurrency project.
On this launchpad platform, of course, the crypto project will be able to determine the details of the offering, such as the price of the token, the amount in the sale, as well as the terms of participation, and also provide a schedule for the sale.
Investors who might later be interested in these tokens can then buy these tokens using cryptocurrencies such as Bitcoin or Ethereum. In some cases, launchpad can also use fiat currency, but cryptocurrencies themselves are used more generally.
Types of Launchpad
When we talk about Launchpad, there are various other types of laptops that we can find today. This itself depends on the fundraising method used and also on the type of project being supported.
1. Launchpad IEO (Initial Exchange Offering)
This could be said to be similar to a crowdfunding site, but this site is more specifically used for crypto projects only. Companies usually use it to raise money by selling cryptocurrency tokens. Examples include the likes of Binance and also MEXC.
2. Launchpad ICO (Initial Coin Offering)
This launchpad could be said that people who start their blockchain projects can later raise money by offering tokens and talking directly to investors.
3. IGO (Initial Game Offering) Launchpad
This platform will target people who are interested in investing in games, virtual reality, and projects related to cyberspace and the metaverse. Later, the developer will be able to speak directly to investors to make presentations about their projects to help in raising funds.
4. Launchpad INO (Initial NFT Offering)
This is a place for those who work as non-fungible token (NFT) creators to invite investors into the projects they are working on. Investors can later put money into the collection or can later buy all the items they want.
There are several types of launchpads that you can find today. Of course, Arbitrum Crypto Launchpad is also one of the types of launchpads you can find today. Apart from that, you also have to understand what is called the ripple effect, perhaps up to now there are still many people who don’t understand what is meant by the ripple effect itself.
What is Ripple (XRP)?
Ripple is a network that will make it possible to send currency between two parties very quickly. The token used in the Ripple network is called XRP. Later, everything can be exchanged in the form of XRP, whether it is fiat currency (Rupiah, dollars, others), also gold, and can even be exchanged for airplane miles. Then, you also need to know that Ripple does not use energy or proof of work like Bitcoin.
There is a statement that states that converting it into XRP, will allegedly reduce the costs you need when you transfer money. Apart from that, this will make your transfer time much faster than usual. What is quite interesting is that currently, XRP is the only digital currency that has received full support from the banking sector.
Ripple Effect and How Crypto Launchpad Reshape Lifestyle
Of course, if we look at the crypto world today, we will see the existence of Ripple which is very capable of changing the habits and style of cryptocurrency itself. The Ripple effect ultimately gave something that had a very big and broad impact on the crypto world. This makes the world of crypto itself much more accessible and certainly makes it easier for us as investors to make transfers quickly, whether using digital or fiat currency.
Of course, having a launchpad like the Arbitrum Crypto Launchpad will be very helpful in carrying out cryptocurrency transactions and of course, this will change the lifestyle and style of the crypto world itself. This is an impact that also comes from the ripple effect which brings changes in the crypto world.