![]() ![]() The level of hype and interest behind the project itself.How does this project solve a problem, and what is the benefit of this project? The concept behind the project itself.Token utility and how it benefits the users of the token or coin (this is a very important factor that developers can easily overlook).Token distribution structure, including total supply of tokens (must be reasonable) and how much is being sold in the ICO.The more reputable and trustworthy they are, the more likely they will pass this review section. The quality of the team behind the project.Here are some of the factors that Binance will look at when reviewing the project ![]() This review process finds any potential red flags or issues so that only the highest quality projects can be sold on NFT Launchpads like Binance Launchpad. Projects that are approved will go through a review process conducted by Binance. To launch on the Binance Launchpad, a project must send over their White Paper and ask for an evaluation from Binance. How do the Projects work on Binance Launchpad? If approved, your project will be given access to Binance Launchpad services. So, to use this service, one must first apply their project on the website. The usage mechanism of Binance Launchpads is the same as the Ethereum Launchpads. The Binance Launchpad is a platform to help projects launch an ICO (Initial Coin Offering) or token-sale. ![]() With this buying guide, you will get complete information on the usage and how the Binance Launchpads work. These investments help newly released crypto-tokens increase their value benefiting the investors and the project builders. These IDO ICO Launchpads allow investors to check out the latest and upcoming blockchain projects and decide on investing in them. To participate on such a massive platform would be extremely beneficial to any project. It’s the largest crypto exchange globally with over $1.4 billion daily volume (Coin Market Cap). Without you, Binance Launchpad would not be leading the pack in crypto crowdfunding.Binance Launchpads - An All-in-one Platform To Invest In And Launch Tokensīinance is a cryptocurrency exchange platform growing at an exponential rate. Most importantly, thank you to the Binance community for your continuous trust and support. Thank you to all the different project founders and teams for your innovative efforts in the crypto space. We will continue to work together with the Alpha team to develop their product and reach bigger milestones in the future.Īll the nominees deserve praise for their hard work over the past year. The Alpha team has done an exceptional job, offering leveraged yield farming service to DeFi users not only on Ethereum but also on Chain. The Alpha Homora product is also live on BSC with nearly $100m TVL, supporting BNB and Cake leveraged yield farming and composability with Pancake Alpha’s peak TVL on Ethereum reached nearly $2B in May. Market influence and gained traction: 30%Ĭongratulations to Alpha Finance Lab for winning the Binance Launchpad Project of the Year Award.Īlpha is one of the most influential defi protocols, boasting a large TVL and high composability with other protocols not only on Ethereum but also on BSC. See the weighted breakdown by success factor: Of course, we also excluded projects that were acquired by Binance. We considered success factors like ROI performance, market influence and gained traction and level of integration with the Binance ecosystem. The nominees include projects launched in the past year (6 in total) that have enjoyed a positive ROI since IEO and are not acquired by Binance. This award recognizes some of the best performing Binance Launchpad projects of 2021. Binance Launchpad has continued to provide an industry-leading fundraising platform, connecting investors to new and promising blockchain projects. Please join us in celebrating the Binance Launchpad Project of the Year. On Wednesday, July 14, we revealed our 2021 Binance Awards winners live during our “Build to the Moon ” concert experience. ![]()
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