Three Tips for Finding a Token Launch Worth Joining

There’s a lotta tokens out there with more arriving on the market every week. Despite this plentiful supply, demand for securing an allocation to the hottest new projects remains high. And no wonder: pick the right one and you can make serious money, not to mention participating in all the things that token ownership grants you, be it access to the latest DeFi platform or the ability to operate your own AI agents.

But with so many new token projects out there – and token launchpads to choose from – identifying the most promising public sales is anything but simple. It’s a task that calls for diligence, meticulous research, and the ability to juggle a host of variables, from the tokenomics of the project in question to the entry criteria enforced by the IDO platform hosting it. If you’re serious about making money, here are three tricks for identifying token launches that have an outsized chance of success.

1. Choose a Curated IDO Launchpad

All launchpads claim to carefully curate the projects they agree to list, but it’s fair to say that some do a better job of this than others. The leading launchpads don’t struggle for dealflow and so can afford to be more selective about the ones they partner with. Smaller IDO platforms, or those focused on smaller ecosystems, such as a single L2 or a niche onchain vertical, don’t have that luxury.

It doesn’t automatically follow that you should gravitate towards the most popular IDO launchpads just because they get their pick of the best token sales. Your decision should also be informed by an analysis of how recent projects have performed on these platforms. Moreover, project vetting isn’t merely the responsibility of the launchpad – it’s yours too. In other words, once you’ve found a launchpad you like, conduct your own research into the projects it features to determine which ones seem likeliest to perform well – and which carry too much risk.

2. Pick a Platform That Offers Refunds

As you know, launchpads can’t guarantee that every project they feature will succeed. Even with the best curation and marketing, some projects prove to be a flop. This means there’s a risk that even when you secure access to a token sale you’re interested in, there’s the potential to lose money almost immediately due to the token trading on the secondary market for less than it was sold at via the IDO.

Some of the more enterprising IDO platforms have

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Author: CryptoDaily

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