Source: DepositphotosToken sales can be attractive. Pick the right one and they’re highly lucrative, after all, giving you early exposure to the hottest new projects and capturing all the upside as they grow. It’s no wonder that competition to secure an allocation for the top token sales is so intense.

But for all their upside, token sales are also a headache. They’re a complex, multi-stage process with no guaranteed positive outcome. Whether you secure entry or get refused because the sale’s oversubscribed, you’ll still have to go through the usual steps: swapping tokens, bridging tokens, and juggling multiple wallets, with the potential of making a costly misclick amplified when interacting with unfamiliar networks.

It’s a lot of work and a lot of risk to take on given the low prospect of making the whitelist and hitting the jackpot should the token fly rather than flop. There has to be a better way. Of course there’s a better way: this is web3, after all, where if you don’t like the current framework, you just have to go away and design your own – then convince the market to adopt it.

When it comes to token sales, that “better way” may finally be here. It’s still early, but there are signs that momentum is shifting away from the current multi-hop model to intent-based launchpads that reduce token sale participation to a single click. It’s an idea, surely, whose time has come. But will it catch on?

Buying Tokens With Intent

In navigating the multichain landscape, you may have encountered the term “intent.” Often accompanied by the suffix “-based,” it describes a type of architecture designed to streamline complex processes – particularly those that require interacting with smart contracts on different chains.

NEAR, for example, has developed Intents, a framework for seamless, multichain execution. It utilizes solvers and chain signatures, resulting in a process that, from a user perspective, feels as simple as making a token swap. Intents don’t just make life easier for users: they also do the same for developers, who can create dapps that can interact with multiple chains without needing to get bogged down in coding and meticulous auditing to eliminate bugs. Instead they can tap into the tooling and libraries that come bundled with Intents.

But what’s all this got to do with token sales? Well, as noted above, in their c

Go to Source to See Full Article
Author: CryptoDaily