Launchpad and Launchpool!
Both platforms offer direct access to promising crypto tokens to all Binance users.
Binance Launchpad focuses on helping projects raise funds. Since 2019, it has sold a total of $57.8 million in tokens corresponding to 23 different projects. The total value of these tokens amounts to $725.2 million.
On the other hand, Binance Launchpool focuses on helping projects with the initial distribution of their tokens. Since its creation in September 2020, it has distributed a total of $85.3 million in tokens from 17 completed projects. Those tokens are now worth $209.8 million.
In terms of accessibility, Launchpool is more accessible than Launchpad as you only need a few tokens to stake in order to earn tokens. Launchpad, on the other hand, requires you to pledge an amount of your BNB for a set period of time to be eligible for the allocation of new tokens to purchase.
Both Binance Launchpad and Launchpool contribute to raising funds for quality projects, allowing cryptocurrency users and investors to generate greater profits. Both platforms drive the growth of different crypto projects, their respective tokens, and the Binance users who gain access to them.
The information provided here is for informational purposes and does not constitute financial, legal or other advice. While we strive to keep information up-to-date and correct, it is important to remember the golden rule of investing: Do Your Own Research (DYOR). Remember, you are solely responsible for your financial decisions. So do your homework!
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