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Token Launchpad

Definition

A token launchpad is a platform that facilitates the initial offering and distribution of new digital tokens to the public. These platforms typically provide services such as project vetting, marketing support, and the technical infrastructure for conducting token sales, often referred to as initial coin offerings (ICOs) or initial DEX offerings (IDOs). They serve as a gateway for new projects to raise capital and for investors to gain early access to potentially promising digital assets. Launchpads play a significant role in the discovery and early-stage funding of new cryptocurrency ventures.