In April of 2024, experts at CryptoResearch compiled a list of the top IDO launchpads. The return on investment (ROI) metric was considered. The ratio of investment to profit is shown by this metric. The Impossible Finance platform is at the top of the list. The results showed an average ROI of 6.5x, despite only one IDO being performed on it.
After two IDO procedures, Polkastarter achieved 5.4x ROI, good enough for second place. Ape Terminal was awarded the prestigious third place. 4.9 times return on investment (ROI) was achieved by seven projects launched simultaneously on this platform. Furthermore, 0xbull, chainGPT Pad, GAGARIN, Seedify, GameFi, and Enjinstarter were among the top nine sites.
Tokens developed for use in blockchain projects can be initially offered for sale on a decentralized exchange (DEX) through the IDO Launchpad platform. Actually, the platform is more of a go-between for projects and investors. It makes sure that listing crypto assets is a safe and open process.
Buyers can invest in projects while they are still in the early phases of development, and young startups can reach a large audience of possible investors and capital through IDO Launchpad. Typical platform functions include marketing assistance, project selection, auditing, and security checks.
Putting money into a project when it’s still in its early stages is risky business. Investors should carefully consider a startup’s merits and do their homework before deciding to buy tokens.