Development and New Trends of LaunchPad Platform

The decentralized token issuance platform LaunchPad plays an important role in the blockchain field. These platforms provide fundraising channels for emerging projects while giving investors the opportunity to participate early in quality projects. Recently, some LaunchPad platforms focused on meme coins have attracted market attention. Compared to traditional LaunchPads, the tokens launched on these platforms usually have lower market capitalization, higher circulation rates, and are mostly meme coins, with lower issuance thresholds for users and potentially higher returns.

The main functions of the LaunchPad platform include:

1. Raise funds for the project by raising development and promotion funds through token sales.
2. Assist project direction early investors in distributing tokens
3. Use popular events or IPs to gain traffic and attention
4. Provide potential high return opportunities for early participants

After achieving great success on a well-known platform, the LaunchPad track has become the first choice for many teams to start their businesses. However, most projects have failed to replicate that success. Recently, some established meme coin projects have also launched their own LaunchPad platforms, and some tokens have shown good market capitalization performance.

Currently, there are three LaunchPad platforms worth paying attention to in the market:

1. A well-known meme coin issuance platform: As one of the earliest successful meme coin LaunchPads, this platform still generates considerable income daily. However, its frequent practice of selling off acquired tokens in exchange for stablecoins has sparked some controversy. Various themed meme coins can be issued on the platform, making it the current preferred token issuance platform.

2. The platform launched by a certain old meme coin: Compared to the former, this platform is more popular within the ecosystem. A portion of its revenue is used for platform operations, supporting validators, and buying back tokens. The platform collaborates with a certain DEX, demonstrating support for the ecosystem. The token with the highest market capitalization on the platform once reached 38 million USD.

3. LaunchPad focused on AI agents: Originally built on a certain Layer 2 network, it has recently expanded to a certain public chain. The platform has recently launched a new points system to encourage users to participate and gain opportunities for pre-issue token allocation. Users can earn points through various means, including trading, holding tokens, creating related content, etc.

These three platforms each have their own characteristics and advantages, as well as facing different challenges. The first platform, although highly profitable, has a controversial operating model. The second platform is more closely related to the ecosystem, but the distraction caused by the platform token and secondary tokens may affect long-term development. The third platform is highly innovative, but whether it can continue to attract user participation remains to be seen.

In the future, the success of the LaunchPad platform will depend on its ability to balance short-term hype and long-term ecological construction, as well as whether project parties can provide real value. For researchers and participants, in addition to paying attention to platform traffic and token prices, they should also conduct in-depth analysis of the core mechanisms and future development potential of each platform to find projects that are truly worth long-term attention.