Polkastarter Vs Trustpad Vs Polylauncher

https://youtu.be/F_AlrOizQRk

ICOs, also known as Initial Coin Offering, reigned supreme in 2017 and 2018. In the subsequent years that followed, particularly in 2019 and 2020, IEO, also known as Initial Exchange Offering, replaced them. Well, it seems the time for both is coming to an end because we have something better that offers more advantages and aligns itself with project goals on their journey towards full decentralization.

The time has come for the dominion of IDOs! IDO, also known as Initial DEX offerings, is another way of raising funds for a blockchain project — enabling tokens to be sold directly to the public. Unlike ICOs and IEOs, IDOs are hosted on a DEX (Decentralized Exchange). The advantage of this is that IDO projects are free from high fees and control typically imposed by centralized exchanges.

We won’t be deeply discussing ICOs, IEOs, and IDOs; instead, in this video, we will look into launchpads that power IDOs. If you want to learn more about Coin, Exchange, and DEX offerings, please take a look at this video I posted last month through the link you will see at the top of the screen.

Hey guys. It’s me, Gemmy again. I know some of you have been waiting for a follow-up on IDOs discussed previously. In today’s video, we will look at three different launching platforms for IDO projects, but before then, please leave a like and subscribe to my channel. I really appreciate this kind gesture.

We will compare and contrast Polkastarter, Trustpad, and Polylauncher - three IDO launchpads with similar and differing features.

##Trustpad

Trustpad is a decentralized multi-chain fundraising platform that enables projects to raise capital while giving investors confidence in the legitimacy of projects. It is multi-chain in the sense that the platform can be integrated into different blockchains. It has been integrated into Binance Smart Chain and the Ethereum Blockchain while looking forward to being integrated into Solana, Polkadot, and Cardano by the 4th Quarter of 2021. This means that projects can currently leverage TrustPad to launch their IDO on both Ethereum and BSC platforms simultaneously.

Its native token is $TPAD, and it gives investors the key to get priority access to token sales pools hosted on the TrustPad platform. TrustPad users can participate in IDO projects by purchasing the native TPAD token and depositing it into IDO staking pools.

Currently, Trustpad has in total 9 different levels that offer investors the opportunity to buy and stake TPAD. The first 3 levels are lottery tiers, while the final 6 levels offered guaranteed tiers. The first level, which is the minimum level, requires investors to buy and stake 2000 TPAD to have a 10% chance of participating in a lottery for an allocation in the IDO project.

To be guaranteed an allocation, a user must invest in the 4th level and beyond. The 4th level requires investors to stake 10,000 TPAD, while the 9th level, which is the maximum level, requires investors to stake 125,000 TPAD. Of course, with increasing tier comes increased allocations and perks. 1 TPAD is currently trading at 8 cents ($0.08).

The tokenomics for Trustpad features 2 interesting mechanisms that incentives holding and ensure scarcity in the long term:

First, there is a 2% re-distribution fee on each transaction. This means that any user performing a purchase or sale will incur a 2% fee, which then gets redistributed as a reward to holders and a burn address.

And secondly, there is a burn address that effectively removes tokens permanently from circulation, ensuring that there will be a future increase in scarcity and value of TPAD.

You and any other investor do not need to worry about a lack of fairness and transparency when investing in projects launched on Trustpad. To fairly determine winners from the IDO pools, Trustpad partnered with Chainlink to integrate its industry-leading solution.

Trustpad security has also been audited by Certik - an industry-leading blockchain security company that serves to verify the security and correctness of smart contracts and blockchain-based protocols. The audit report deemed Trustpad to be free of any vulnerabilities. Having said all that about Trustpad, let’s discuss another launchpad

##PolkaStarter

When you hear PolkaStarter, you hear of a top launchpad that is the champion of cross-chain swaps and fixed swap pools.

Polkastarter is also a fully decentralized protocol for launching new projects. It’s a DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot. The unique feature about Polkastarter is the possibility of making cross-chain swaps powered by the Polkadot ecosystem. Due to the slow speed, high costs, and scalability issues of the Ethereum network, the Polkadot blockchain is a perfect choice because it can provide higher throughput for faster and cheaper transactions while staying connected to the Ethereum Network and other blockchains for liquidity. Currently, cross-chain swaps can be performed across Ethereum, BSC, and Polygon chains.

Another key feature of Polkastarter is its use of fixed swap pools, setting a fixed price for token swaps in order to cap individual participation in IDOs; this feature ensures that as many people as possible can participate at a fair price, building projects’ communities with a strong group of early adopters.

Polkastarter is one of the top launchpads that perform due diligence on projects they accept. They also ensure that the IDOs launched have sufficient liquidity by incentivizing liquidity providers with their native tokens, which are required to win whitelist slots.

Its native token is POLS, and users can earn a whitelist spot for participating in an IDO by holding this token. Every 250 POLS brings one “ticket” in an IDO lottery, and of course, holding more POLS also makes it easier to win slots. Currently, 1 POLS is traded at $0.98 (98 cents)

Another way users can earn a spot is by providing liquidity in pairs like ETH-POLS on the Uniswap DEX and BNB-POLS on PancakeSwap. When a user locks liquidity, he gets rewards in POLS which can then be used to earn a whitelist spot for an IDO.

So far, we have talked about 2 established launchpads, now let us shift our attention to a new launchpad soon to be launched. We are talking about Polylauncher

##Polylauncher

Polylauncher is the first accelerator and launchpad built on the polygon chain. Polylauncher is also a fully decentralized platform for fundraising. Leveraging the close association between the polygon ecosystem, the Metaverse, and the world of NFTS, Polylauncher will give investors access to the highest quality, fully vetted projects residing within this ecosystem. This will further drive traffic to the polygon chain because up until now, it has been difficult for investors to gain access to the numerous NFT and Metaverse projects available on this chain.

Polylauncher is supported by an extensive network of VCs such as Raptor Capital, Magnus Capital, and some others. These partners have a reputation for helping projects grow with their vast resources.

If you are a Savvy investor who is always looking to catch a good project at its early phase, you shouldn't let this one slip. The fact that Polylauncher being the first launchpad on one of the recent growing blockchains makes it a mouth-watering asset to catch. Combined with the explosive growth of NFT and the metaverse associated with Polygon, it makes it a no-brainer for those looking to ape into a cheap yet genuine project with the potential for a significant upside.

As this is a new project, partnerships, tokenomics, and more features will be released in the days to come. More information about them can be found on their website and social media channels; it’s nice going there to take a look and see for yourself how they are set up.

As a summary of our discussion, let us talk briefly about distinct similarities and differences found in Polkastarter, Trustpad, and Polylauncher.

• Polkastarter, Trustpad, and Polylauncher are all fully decentralized fundraising platforms.

• The Polkadot blockchain powers Polkastarter; Trustpad is powered by BSC, while Polylauncher will be powered on the Polygon chain.

• Polkastarter and Trustpad feature cross-chain swaps with Polkastarter already integrated on BSC, Ethereum, and Polygon, while Trustpad has been integrated into Ethereum.

• Polkastarter and Trustpad offer access to liquidity mining & staking features that incentivize investors to hold their native tokens.

• Polkastarter features tiers that offer whitelist spots based on a lottery, while Trustpad offers lottery and guaranteed-based allocations.

• Trustpad offers a lower barrier to entry than Polkastarter for investors looking to invest in an IDO project. Based on current rates, It will cost $160 to enter into the minimum tier for Trustpad in contrast to $245 for Polkastarter. Of course, as a new project, we don't know yet the entry price for Polylauncher but we will know soon enough.

Well, this is where we would be ending our comparisons. As an investor, the launchpad you choose to throw your money at should depend on factors such as your risk appetite, knowledge and research you have made, credibility and so on. The choice is solely yours to make, so you must never forget to Do Your Own Research.

With that being said, thanks for watching! If this video has been helpful, leave a like, subscribe, and share with others.