Like many blockchain fundraising platforms of our times, BSCPad Clone also works as a decentralized crypto token launchpad. It is primarily an IDO platform dedicated to staging new crypto projects. The platform also hosts investors to find these new projects suitable funding. On top of it, IDO platforms offer a safe passage for all investors, no matter how big or how new they are to the scene.
The Initial DEX Offering launchpad not only helps by providing support through funding. It also provides them with a much-needed spotlight. In short, it is a budding ground for crypto-based projects and investors to find valuable gems in the form of crypto tokens to conduct seamless trading. Let’s take a closer look into the fundraising mechanism of such a platform.
- For an entrepreneur to enlist their crypto-based projects over the BSCPad Clone, it needs to be able to provide credibility for its tokens and services. In proving so, they must submit a range of documents, such as whitepaper and yellow paper, and get it verified over the platform.
- The community members of the decentralized platform will most certainly look over the documents provided by new project heads. They are responsible for verifying this info. And only after they have given their approval to the matter, does the project gets permission to be listed on an IDO.
- The company can go for a pre-sale option as the tokens are developed. During this pre-sale stage, investors are allowed to stack up coins. They can use the lot to participate in the allocation round. If somehow the company manages to reach the soft cap, the whole pre-sale process is deemed a success.
- However, pre-sale may not be enough for drying out the lot developed under the project. In that case, the tokens are made available on the BSCPad Clone just after the pre-sale has been concluded. These tokens can be purchased by investors who had staked enough coins during the pre-sale stages to reach the guaranteed tier. And it continues until the lot has been dried out completely.
- The tokens will have a selling period attached to them. For example, if the tokens have a 30-day limit, you cannot sell out the tokens instantly. As the locking period ends, the tokens can be listed for sale.
BSCPad Clone Native Token Development
BSCPad Clone has been known for its IDO launchpad development. However, it also aids in creating a native token so that trading can be conducted in an easy and fast process. The native tokens for BSCPad are known as BSCPAD. These native tokens work as a liquidity provider, by pairing the new, emerging tokens with the native ones.
Under the DEX platform, the investors must stack up specific native tokens to participate in the allocation round. As native tokens are the only way to gain liquidity, investors need to stake up native tokens to get the desired value out of their investments.
Critical Features For A Fundraising Platform Like BSCPad Clone
A BSCPad Clone comes with many features. Like many decentralized platforms of the time, it needs different features to perform different operations. These features are chosen by the developer during the development process and implemented in a way that would be understandable and effective for the core purposes of the business. Let us look at the most critical features that cannot be overlooked.
Visibility
The primary function of the platform is to provide a stage for startup crypto projects. Investors of all stature view these projects, and if they happen to sense potential in one of these projects, they can contribute to the funding by purchasing tokens from the platform. Such projects’ visibility is crucial, and IDO platforms leave no stones unturned in achieving the reach that the project genuinely deserves.
Fundraising Models
Before the IDO model, IEO and ICO eventually paved the way for IDOs to become superior. However, the BSCPad Clone also acknowledges the old methods and finds a way to integrate them. If any client requires the old method, they can easily opt for it under this platform.
Authenticity
There always remains doubt and confusion surrounding the effectiveness of new projects. This is even literal for investors who have solely ventured into the platform to trade and make some profit. So, there has to be some verification or authenticity test that the projects need to go through to prove their legitimacy. When entrepreneurs are listing a project, they must present it along with certain documents, whitepaper, and yellow paper. The platform verified these documents before allowing the project to go live.
Automated Liquidity Pool
Liquidity pools are in itself crucial for a BSCPad Clone. If the launchpad comes with an automated liquidity pool, half of the problems get solved almost instantly. The investors are required to contribute to the liquidity pool and generate yields.
Digital Wallet Integration
To purchase native or emerging tokens and store them for the perfect time for trading, the investor needs to have storage space. As crypto is a digital currency, you will also need a digital wallet to store the coins and use them gradually for trading. You could also include different wallets on the platform so that users can have a choice while participating in any transactions.
Multi-Tiered Staking Model
The BSCPad Clone could also include a multi-tiered staking model. Usually, the investors on such a platform must stake up emerging and native tokens during the pre-sale period. The investor will finally be eligible to enter a guaranteed tier with enough tokens. Multiple tiers can be accessed through staking up tokens. Each tier will have criteria, and the investor needs to meet that by staking up tokens following the tier limits.
Different Filters To Enhance Your BSCPad Clone
Other than the features, the platform also needs filters to give its audiences a better understanding of functionality. These filters are added with different purposes that might be important to different users. So, let us look at the filters that will be instrumental for the investors and the project heads.
Upcoming Projects
As the name suggests, any upcoming projects that will hit the BSCPad Clone will have their name and other details listed under this filter. Investors can use this filter only to check the upcoming projects and plan accordingly.
Recently Listed Projects
With this filter, the investor can tap into recently listed projects. These projects are brand new. The thing about these newbie projects is that it usually costs less to purchase them when they are new. It becomes high time for investors to get involved and stake up tokens as much as possible to meet the guaranteed tiers.
Trending Projects
If there is hype surrounding certain trends, it will find its way into the IDO launchpad development. These highly sensational projects are listed separately. Any project that has gained popularity after launch will be considered among the trending projects.
Highest Price
There will be a diverse range of crypto-based projects over the platform. Some are diverse in terms of the cost and certain services. The platform will have a filter for the user to only search for high-priced projects.
Lowest Price
Similarly, the BSCPad Clone also has a filter for viewing the projects under the lowest price range. Buyers often hesitate to purchase the lowest priced product fearing it to be of the lowest quality. Contrary to popular belief, you can find gems under this section at an affordable cost and then strategize and think of earning profit in the process.
Most-Viewed
There is also a filter for checking out the most-viewed projects. As the popularity of a project increases and it becomes one of the trending projects, it is only a matter of time before it becomes the most-viewed project. Naturally, most-viewed projects have quite a reputation and pull many audiences and investors to the platform.
Benefits Of A BSCPad Clone
BSCPad Clone can be linked with multiple useful benefits for all parties. While the features and filters mentioned above give away a lot about how the platform has been beneficial to all its users, if you still require more reasons, a handful will further clear your doubts.
- The platform follows a certain workflow for each project. There are a few stages before the actual trading commences. As soon as the projects are live, the sale of crypto tokens also commences.
- The IDO launchpad comes with a liquidity pool facility. It allows almost no slippage. This way, investors can gain instant liquidity and value for their tokens when they sell them to others.
- Token listing should not be costly, and the BSCPad Clone ensures that. It allows projects to build a smart contract and list the tokens at a minimal price. Naturally, it attracts entrepreneurs to list their projects and allures investors, to purchase tokens at a minimal price with an early deal.
- The multi-tiered model is included to provide a fair trade option. The tier list is measured by the amount of native and emerging coins purchased by investors.
Conclusion
The BSCPad Clone, as a fundraising platform, has a lot of responsibility toward the projects that are being listed and the investors that are contributing to the funds. The whole fundraising system has to be authentic enough to reach out to more people.