Making Money for Beginners (No Need for Large Capital) with the Top 3 Gamified Launchpads on Avalanche
Gamified Launchpads Explained
Gamified Launchpads are blockchain projects utilizing a launchpad platform to raise funds for GameFi projects, allowing early access for investors to purchase tokens of these gaming projects.
The launchpad serves as a gateway connecting game projects, crypto investors, and gamers, providing entry into the NFT & Metaverse Gaming world. This enables you to buy new tokens at lower prices before they hit the market.
Criteria for Quality Launchpads
To evaluate quality Launchpads, consider these factors:
The launchpad hosts several high-quality GameFi projects (with large investment funds, sizable communities, etc.) organizing IDOs and IGOs on the platform.
Detailed and regular schedules for IDO sales, making it easy for the community to follow and participate in events.
After the token sale ends, investors who successfully purchased tokens during the IDO must receive their tokens in full and on time.
Key Considerations When Participating in Launchpads
Firstly, assess the token price of the Launchpad. If it's high, consider your capital and ability to recover investment through tokenomics and IDO allocations against the total capital available.
Allocate your capital into launchpads in a 70:30 ratio:
70% into reputable launchpads with numerous previous IDOs, consistent IDO schedules, and a track record of ROI. These launchpads offer safety but lower profits compared to newer launchpads.
30% into newer launchpads, which carry higher risks but offer greater potential. Here, you can profit from both token price appreciation and IDO returns.
Top 3 Trusted Gamified Launchpads on Avalanche
Here are the top 3 trusted Gamified Launchpads on Avalanche that I've selected and personally invested in to share my experience:
- Avalaunch (XAVA)
Advantages:
Avalaunch (XAVA) is the largest fundraising platform built on the Avalanche Network.
Most IDOs on the AVAX network are launched on Avalaunch.
No need for large capital.
User-friendly interface.
Detailed IDO schedule, token distribution on time.
Disadvantages:
The price of XAVA tokens is quite high, necessitating careful consideration of capital recovery strategies during IDO participation.
How to Participate in IDOs on Avalaunch?
Avalaunch offers a fair distribution mechanism for IDO participation:
IDO involves 3 separate pools:
85% for the XAVA stake pool - for XAVA holders.
10% for the validator pool (choose between this and the XAVA holder pool).
5% for the public pool - open to everyone, no holding requirement, first come first served.
Note: Unstaking within 5 days post-IDO incurs XAVA penalties, details can be found here.
- ROCO Finance (ROCO)
Advantages:
No need for large capital, IDO participation requires approximately ~$1500.
High allocation compared to invested capital, high ROI.
ROCO token price remains stable and suitable for purchase.
User-friendly interface.
Detailed IDO schedule, token distribution on time.
Disadvantages:
Fewer IDO projects compared to Avalaunch.
How to Participate in IDOs on ROCO Finance?
Each project will have different investment thresholds, typically around ~$1500. To participate in IDOs on ROCO Finance, complete KYC and stake the required amount of ROCO as announced by the project.
Unstake period is typically 15 days post-IDO.
- Yay Games (YAY)
Advantages:
No need for large capital.
High allocation compared to invested capital, high ROI.
YAY token price remains stable and suitable for purchase.
User-friendly interface.
Detailed IDO schedule, token distribution on time.
Strong backing from Ava Labs, Avalanche, and Titan Ventures.
Disadvantages:
Fewer IDO projects compared to Avalaunch.
Being a completely new launchpad, it carries higher risks than ROCO and XAVA; consider carefully if YAY token price stability is a concern.
How to Participate in IDOs on Yay Games?
Participating in IDOs on Yay Games is similar to the other two launchpads. Complete KYC and stake YAY tokens to secure an IDO allocation.
Conclusion
These insights are based on my personal experiences investing and participating in Gamified Launchpads. Your capital and strategy may differ, so conduct research and manage your capital wisely before engaging in this method of earning.
This article is for informational purposes only and not financial advice. Individuals are responsible for their own investment decisions.
