Best IDO Launchpads for Crypto Projects to Watch Out for in 2021 By

IDOs (initial DEX offerings) are the next big thing in the crypto world, especially with respect to decentralized finance, and they’re offered to early investors in the same manner as ICOs (initial coin offerings).

Specifically, IDOs are a new fundraising method used by DEXs (decentralized exchanges), and they signal a radical shift in how crowd sale patterns tend to provide greater liquidity for crypto assets while also facilitating faster, more open, and fair trading.

According to industry experts, ICOs, which are otherwise known as token public sales, have evolved in the past four years with the emergence of DEXs, giving rise to the IDO model, which has now become a viable means of funding crypto projects.

However, in order for a crypto project to launch an IDO successfully, it must do so on a trustless decentralized launchpad like Kick.io.

Of course, there are other factors to consider when determining the reliability of a launchpad: the host blockchain on which the launchpad platform is built, scalability, and the consensus mechanism employed are only a few of them.

Here we’ll highlight some of the best launchpads or fundraising platforms for IDOs to watch out for in 2021.

Kick.io: Based on the blockchain system, Kick is a fundraising platform for IDOs that is designed in such a way that it can leverage DeFi innovations to provide a secured, transparent, efficient, and fully decentralised crowdfunding service.

While Kick launchpad employs a structure that is similar to the conventional centralized IEO (initial exchange offering), the major difference lies in the fact that both the entrepreneur and the investors conduct their transactions through a decentralized third-party platform. In comparison, IEOs are run by a centralized authority.

In addition, the Kick platform doubles as an accelerator for crypto projects who are looking to scale, as the platform taps into Cardano’s specially designed proof-of-stake (PoS) consensus mechanism known as Ouroboros.

Unlike the majority of its competitors, Kick offers full support of Cardano native tokens and a suite of advanced DeFi tools that are required for upcoming projects to thrive and succeed within the crypto ecosystem.

Notably, beyond being a launchpad for potential IDOs, Kick offers individual investors unlimited access to what it describes as “Tokenomics,” which is a blend for the token economy. Here, users can take advantage of a robust distribution of compatible tokens; they can lock up their token for a period of 6 months and subsequently get 10% of the amount over a vesting period of 10 months.

OccamFi: Positioned as Cardano’s Smart DeFi layer, OccamFi introduces a suite of DeFi solutions that are tailored for the Cardano ecosystem. Among other things, the platform is designed to deliver top-notch launchpad capabilities, DEX tools, and a wealthy liquidity pool.

Being one of the earliest to be hosted on…