[{"data":1,"prerenderedAt":2533},["ShallowReactive",2],{"blog-public-token-sale-mistakes":3,"related-public-token-sale-mistakes":383},{"_path":4,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":8,"description":9,"date":10,"author":11,"category":12,"tags":13,"keywords":18,"image":24,"readTime":25,"body":26,"_type":377,"_id":378,"_source":379,"_file":380,"_stem":381,"_extension":382},"/blog/public-token-sale-mistakes","blog",false,"","Public Token Sale: 8 Mistakes in Whitelists, Caps and Claims (and How to Fix Them)","Running a public token sale? Avoid 8 costly mistakes in whitelists, caps, sybil filtering, refunds and claims, each with a practical fix and a checklist.","2026-10-29","Fibonacci Capital","Launchpads",[14,15,16,17],"token sale","whitelist","launchpad","sybil protection",[19,20,21,22,23],"public token sale","token sale whitelist","token sale allocation","ido whitelist","token sale sybil protection","/assets/images/blog/public-token-sale-mistakes.jpg","8 min read",{"type":27,"children":28,"toc":363},"root",[29,37,44,49,54,65,71,76,85,91,96,105,111,116,134,140,145,154,160,165,174,180,185,198,207,213,218,235,241,246,252,344,350],{"type":30,"tag":31,"props":32,"children":33},"element","p",{},[34],{"type":35,"value":36},"text","A public token sale goes well when real, distinct buyers get the allocation you intended, on terms they understood, and when the tokens reach them at a moment the market can absorb. It goes badly when one operator holding hundreds of wallets takes the allocation, when the process is a gas war, or when the claim opens before liquidity exists. Whether you run the sale on your own site or through a launchpad, most failures come from design and operations rather than from the token itself. Below are eight of the most common mistakes, each with the fix, followed by a pre-sale checklist.",{"type":30,"tag":38,"props":39,"children":41},"h2",{"id":40},"mistake-1-a-whitelist-that-rewards-sybil-farms",[42],{"type":35,"value":43},"Mistake 1: A Whitelist That Rewards Sybil Farms",{"type":30,"tag":31,"props":45,"children":46},{},[47],{"type":35,"value":48},"Whitelists are meant to select a community. In practice, many reward whatever is cheapest to fake: following an account, joining a server, retweeting a post, or filling in a form. A single operator can complete those tasks across hundreds of wallets, and the \"community\" that wins allocation is mostly one person.",{"type":30,"tag":31,"props":50,"children":51},{},[52],{"type":35,"value":53},"The cause is that the criteria measure effort that scales with automation, not with genuine interest. Every wallet that passes costs the farmer almost nothing and takes a slot from a real user.",{"type":30,"tag":31,"props":55,"children":56},{},[57,63],{"type":30,"tag":58,"props":59,"children":60},"strong",{},[61],{"type":35,"value":62},"The fix:",{"type":35,"value":64}," Build criteria that are expensive to replicate and tied to behaviour you actually value. That can mean a verified identity check, a history of using your product or testnet, holding or staking something over a period of time, or contributing in ways that need human judgement. Keep the list of criteria short, publish it before applications open, and decide in advance how ties and borderline cases are handled.",{"type":30,"tag":38,"props":66,"children":68},{"id":67},"mistake-2-no-or-weak-sybil-and-kyc-filtering",[69],{"type":35,"value":70},"Mistake 2: No or Weak Sybil and KYC Filtering",{"type":30,"tag":31,"props":72,"children":73},{},[74],{"type":35,"value":75},"Even a well-designed whitelist leaks without enforcement. Teams often collect applications, then do little to check them: no deduplication across wallets, no review of clusters funded from the same source, no identity step. The result is that token sale sybil protection exists on paper only.",{"type":30,"tag":31,"props":77,"children":78},{},[79,83],{"type":30,"tag":58,"props":80,"children":81},{},[82],{"type":35,"value":62},{"type":35,"value":84}," Treat filtering as a pipeline with several layers, not a single gate. Typical layers include identity verification where it is appropriate for your sale, deduplication of applicants, on-chain review of wallets that share funding sources or move in lockstep, and a manual review queue for flagged groups. Be clear in your terms that allocations tied to duplicated or coordinated accounts can be cancelled and refunded. No filter is perfect, so plan for a small appeal process and a way to reverse a bad call before tokens are distributed.",{"type":30,"tag":38,"props":86,"children":88},{"id":87},"mistake-3-per-wallet-caps-that-are-bypassed-or-meaningless",[89],{"type":35,"value":90},"Mistake 3: Per-Wallet Caps That Are Bypassed or Meaningless",{"type":30,"tag":31,"props":92,"children":93},{},[94],{"type":35,"value":95},"A per-wallet cap is the simplest tool for spreading allocation. It also fails in two opposite ways. Set it per address with no identity link, and one participant simply splits funds across many addresses. Set it so low that the sale cannot fill, or so high that a few buyers take most of it, and the cap no longer shapes anything.",{"type":30,"tag":31,"props":97,"children":98},{},[99,103],{"type":30,"tag":58,"props":100,"children":101},{},[102],{"type":35,"value":62},{"type":35,"value":104}," Make the cap apply to a verified participant, not to a raw address. Decide what you want the distribution to look like first (many small holders, a mix of tiers, a floor for committed supporters) and then set caps that produce it. If you use tiers, publish how each tier is earned and what each tier can buy. Check the maths before launch: if every eligible person bought the maximum, how much would you raise, and is that the outcome you want?",{"type":30,"tag":38,"props":106,"children":108},{"id":107},"mistake-4-first-come-first-served-gas-wars",[109],{"type":35,"value":110},"Mistake 4: First-Come-First-Served Gas Wars",{"type":30,"tag":31,"props":112,"children":113},{},[114],{"type":35,"value":115},"A pure first-come-first-served sale rewards bots, private mempool access and whoever pays the most in fees. Ordinary buyers lose, the network congests, and the people who needed the tokens least often get the most. Support channels then fill with people asking why a transaction failed.",{"type":30,"tag":31,"props":117,"children":118},{},[119,123,125,132],{"type":30,"tag":58,"props":120,"children":121},{},[122],{"type":35,"value":62},{"type":35,"value":124}," Remove speed as the deciding factor. Common alternatives are a lottery among eligible participants, pro-rata allocation where everyone commits and receives a proportional share, and overflow designs where oversubscribed funds are returned. Each has trade-offs in fairness, simplicity and how clearly price is discovered. Our comparison of ",{"type":30,"tag":126,"props":127,"children":129},"a",{"href":128},"/blog/lbp-vs-fixed-price-vs-dutch-auction-token-sale",[130],{"type":35,"value":131},"LBP, fixed-price and Dutch auction token sales",{"type":35,"value":133}," walks through how those mechanisms differ so you can pick one that fits your goals.",{"type":30,"tag":38,"props":135,"children":137},{"id":136},"mistake-5-unclear-refund-and-overflow-terms",[138],{"type":35,"value":139},"Mistake 5: Unclear Refund and Overflow Terms",{"type":30,"tag":31,"props":141,"children":142},{},[143],{"type":35,"value":144},"If demand exceeds the allocation, someone gets refunded, and someone has to decide when and how. Teams frequently leave this vague. Buyers do not know whether unused funds come back automatically, how long that takes, whether fees are deducted, or what happens if the sale is cancelled. Vague terms turn a normal oversubscription into a trust problem.",{"type":30,"tag":31,"props":146,"children":147},{},[148,152],{"type":30,"tag":58,"props":149,"children":150},{},[151],{"type":35,"value":62},{"type":35,"value":153}," Write the refund and overflow rules in plain language and publish them before the sale opens. Cover the calculation for oversubscription, the timing of returns, who pays transaction costs, and what triggers a cancellation. Where possible, automate refunds in the contract or platform so that people are not relying on a manual promise. Then follow the rules exactly as written.",{"type":30,"tag":38,"props":155,"children":157},{"id":156},"mistake-6-handling-geo-restriction-and-eligibility-carelessly",[158],{"type":35,"value":159},"Mistake 6: Handling Geo-Restriction and Eligibility Carelessly",{"type":30,"tag":31,"props":161,"children":162},{},[163],{"type":35,"value":164},"Selling tokens to the public raises eligibility questions: which jurisdictions can participate, what buyers must confirm, and what you are allowed to say in your marketing. Teams sometimes treat this as a checkbox, add a vague disclaimer, and rely on a self-declaration that nothing enforces. Others copy terms from another project without understanding whether they fit.",{"type":30,"tag":31,"props":166,"children":167},{},[168,172],{"type":30,"tag":58,"props":169,"children":170},{},[171],{"type":35,"value":62},{"type":35,"value":173}," Involve qualified legal counsel early, and do it before you design the sale rather than after. Counsel can advise on eligibility rules, restricted regions, required disclosures and how your communications should be worded. Operationally, make sure the rules you publish match what your tools actually enforce, so that your terms and your behaviour agree. This article is general information, not legal advice, and the right approach depends on your structure and where you operate.",{"type":30,"tag":38,"props":175,"children":177},{"id":176},"mistake-7-claim-timing-that-ignores-listing-and-liquidity",[178],{"type":35,"value":179},"Mistake 7: Claim Timing That Ignores Listing and Liquidity",{"type":30,"tag":31,"props":181,"children":182},{},[183],{"type":35,"value":184},"Many teams treat the claim as a separate event from the listing. Buyers claim tokens before any venue is live, before market maker inventory is in place, or before depth exists to absorb sales. Alternatively, listing goes live and the claim is delayed, so early traders have nothing to anchor on. Both produce thin books and sharp moves.",{"type":30,"tag":31,"props":186,"children":187},{},[188,190,196],{"type":35,"value":189},"A related problem is the gap between the sale price and the opening market price. If participants hold tokens bought well below where the market opens, selling pressure arrives the moment the claim does. Our guide on ",{"type":30,"tag":126,"props":191,"children":193},{"href":192},"/blog/how-to-set-token-listing-price",[194],{"type":35,"value":195},"how to set a token listing price",{"type":35,"value":197}," covers how to think about that relationship.",{"type":30,"tag":31,"props":199,"children":200},{},[201,205],{"type":30,"tag":58,"props":202,"children":203},{},[204],{"type":35,"value":62},{"type":35,"value":206}," Plan the claim, the unlock schedule and the listing as one sequence with a single owner. Confirm that pools or order books are funded and quoting before tokens become transferable, and agree the order of events in advance with your launchpad if you use one. Consider unlock schedules that spread supply over time instead of releasing it all at once, and be honest with participants about when they can expect to claim and trade.",{"type":30,"tag":38,"props":208,"children":210},{"id":209},"mistake-8-sale-proceeds-landing-in-a-single-signer-wallet",[211],{"type":35,"value":212},"Mistake 8: Sale Proceeds Landing in a Single-Signer Wallet",{"type":30,"tag":31,"props":214,"children":215},{},[216],{"type":35,"value":217},"After a successful sale, a large amount of value sits in one place. When that place is a wallet controlled by one person, the project carries a single point of failure: one lost key, one compromised laptop, or one person leaving the team can put the whole raise at risk. It also looks bad to buyers who are watching the address.",{"type":30,"tag":31,"props":219,"children":220},{},[221,225,227,233],{"type":30,"tag":58,"props":222,"children":223},{},[224],{"type":35,"value":62},{"type":35,"value":226}," Route proceeds directly to a multi-signature wallet with signers, thresholds and recovery procedures decided before the sale. Use a separate, clearly labelled address for sale funds so that anyone can track them, and document who approves spending and how. Our ",{"type":30,"tag":126,"props":228,"children":230},{"href":229},"/blog/multisig-treasury-setup-checklist",[231],{"type":35,"value":232},"multisig treasury setup checklist",{"type":35,"value":234}," goes through signer selection, thresholds and operating rules in detail.",{"type":30,"tag":38,"props":236,"children":238},{"id":237},"communicating-results-is-part-of-the-sale",[239],{"type":35,"value":240},"Communicating Results Is Part of the Sale",{"type":30,"tag":31,"props":242,"children":243},{},[244],{"type":35,"value":245},"One more point cuts across all eight: communicate results clearly. People who applied and received nothing, or less than they expected, will assume the process was unfair unless you explain it. Publish the outcome criteria, the number of participants, how filtering worked at a high level, and the timeline for refunds and claims. A short, factual post on the day results are final prevents weeks of rumours.",{"type":30,"tag":38,"props":247,"children":249},{"id":248},"pre-sale-checklist",[250],{"type":35,"value":251},"Pre-Sale Checklist",{"type":30,"tag":253,"props":254,"children":257},"ul",{"className":255},[256],"contains-task-list",[258,272,281,290,299,308,317,326,335],{"type":30,"tag":259,"props":260,"children":263},"li",{"className":261},[262],"task-list-item",[264,270],{"type":30,"tag":265,"props":266,"children":269},"input",{"disabled":267,"type":268},true,"checkbox",[],{"type":35,"value":271}," Whitelist criteria are published, hard to automate and tied to real engagement",{"type":30,"tag":259,"props":273,"children":275},{"className":274},[262],[276,279],{"type":30,"tag":265,"props":277,"children":278},{"disabled":267,"type":268},[],{"type":35,"value":280}," Sybil and identity filtering has several layers, with a review and appeal process",{"type":30,"tag":259,"props":282,"children":284},{"className":283},[262],[285,288],{"type":30,"tag":265,"props":286,"children":287},{"disabled":267,"type":268},[],{"type":35,"value":289}," Caps apply per verified participant and produce the distribution you intend",{"type":30,"tag":259,"props":291,"children":293},{"className":292},[262],[294,297],{"type":30,"tag":265,"props":295,"children":296},{"disabled":267,"type":268},[],{"type":35,"value":298}," Allocation method does not depend on speed or gas bidding",{"type":30,"tag":259,"props":300,"children":302},{"className":301},[262],[303,306],{"type":30,"tag":265,"props":304,"children":305},{"disabled":267,"type":268},[],{"type":35,"value":307}," Refund, overflow and cancellation terms are written, published and automated where possible",{"type":30,"tag":259,"props":309,"children":311},{"className":310},[262],[312,315],{"type":30,"tag":265,"props":313,"children":314},{"disabled":267,"type":268},[],{"type":35,"value":316}," Eligibility rules were reviewed by legal counsel and match what your tools enforce",{"type":30,"tag":259,"props":318,"children":320},{"className":319},[262],[321,324],{"type":30,"tag":265,"props":322,"children":323},{"disabled":267,"type":268},[],{"type":35,"value":325}," Claim, unlock and listing form one sequence, and liquidity is ready before tokens move",{"type":30,"tag":259,"props":327,"children":329},{"className":328},[262],[330,333],{"type":30,"tag":265,"props":331,"children":332},{"disabled":267,"type":268},[],{"type":35,"value":334}," Sale proceeds go to a multisig, with signers and thresholds agreed in advance",{"type":30,"tag":259,"props":336,"children":338},{"className":337},[262],[339,342],{"type":30,"tag":265,"props":340,"children":341},{"disabled":267,"type":268},[],{"type":35,"value":343}," A results announcement and support plan are prepared before the sale opens",{"type":30,"tag":38,"props":345,"children":347},{"id":346},"plan-the-sale-with-the-listing-in-mind",[348],{"type":35,"value":349},"Plan the Sale With the Listing in Mind",{"type":30,"tag":31,"props":351,"children":352},{},[353,355,361],{"type":35,"value":354},"A public sale is not a standalone event. It decides who holds your token on day one, how much supply arrives at once, and how the first hours of trading feel. Fibonacci Capital works with teams on the liquidity side of that moment, from planning inventory and depth ahead of the claim to quoting through the first days of trading. If you want to talk through your sale design and launch plan, ",{"type":30,"tag":126,"props":356,"children":358},{"href":357},"/pretge",[359],{"type":35,"value":360},"get in touch",{"type":35,"value":362},".",{"title":7,"searchDepth":364,"depth":364,"links":365},2,[366,367,368,369,370,371,372,373,374,375,376],{"id":40,"depth":364,"text":43},{"id":67,"depth":364,"text":70},{"id":87,"depth":364,"text":90},{"id":107,"depth":364,"text":110},{"id":136,"depth":364,"text":139},{"id":156,"depth":364,"text":159},{"id":176,"depth":364,"text":179},{"id":209,"depth":364,"text":212},{"id":237,"depth":364,"text":240},{"id":248,"depth":364,"text":251},{"id":346,"depth":364,"text":349},"markdown","content:blog:public-token-sale-mistakes.md","content","blog/public-token-sale-mistakes.md","blog/public-token-sale-mistakes","md",[384,1025,1889],{"_path":385,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":386,"description":387,"date":388,"author":11,"category":12,"tags":389,"keywords":394,"image":402,"readTime":25,"body":403,"_type":377,"_id":1022,"_source":379,"_file":1023,"_stem":1024,"_extension":382},"/blog/launchpool-vs-ieo-vs-launchpad","Launchpool vs IEO vs Launchpad: Which Exchange Launch Model Fits Your Token?","Launchpool vs launchpad vs IEO: compare how each exchange launch model handles raise, dilution, listing and sell pressure, and which one fits your token.","2026-10-28",[390,391,16,392,393],"launchpool","IEO","exchange listing","token launch",[395,396,397,398,399,400,401],"launchpool vs launchpad","launchpool vs ieo","exchange launchpool","ieo vs ido","exchange token launch models","token distribution","post-listing sell pressure","/assets/images/blog/launchpool-vs-ieo-vs-launchpad.jpg",{"type":27,"children":404,"toc":1005},[405,411,416,421,426,432,439,444,449,454,460,465,470,475,481,486,498,504,509,729,734,739,744,749,755,760,766,771,784,790,795,808,813,819,824,887,892,898,903,983,989,994],{"type":30,"tag":38,"props":406,"children":408},{"id":407},"launchpool-vs-launchpad-the-short-answer",[409],{"type":35,"value":410},"Launchpool vs Launchpad: The Short Answer",{"type":30,"tag":31,"props":412,"children":413},{},[414],{"type":35,"value":415},"The core difference in launchpool vs launchpad is who pays for the tokens and what you get in return. An exchange launchpool gives new tokens away to users who lock exchange tokens or stablecoins, so you raise no capital but gain a wide holder base and a listing. An IEO or exchange launchpad sells your tokens to the exchange's users for money, so you raise capital but face tougher selection. An independent on-chain launchpad (an IDO) sells to a crowd that is not tied to any single exchange, with no listing guarantee at all.",{"type":30,"tag":31,"props":417,"children":418},{},[419],{"type":35,"value":420},"These are the three main exchange token launch models, and they solve different problems. This article explains each one, compares them honestly, and gives decision rules by project situation. It also covers the part that most comparisons skip: what happens in the days after trading opens.",{"type":30,"tag":31,"props":422,"children":423},{},[424],{"type":35,"value":425},"A note on specifics. Large exchanges such as Binance, OKX, Bybit and Gate run programs of this kind, and the names, mechanics and terms change often. We deliberately avoid quoting allocation sizes, fees, eligibility thresholds or historical results here. Confirm current terms directly with each exchange before you plan around any of them.",{"type":30,"tag":38,"props":427,"children":429},{"id":428},"the-three-models-explained",[430],{"type":35,"value":431},"The Three Models Explained",{"type":30,"tag":433,"props":434,"children":436},"h3",{"id":435},"exchange-launchpool",[437],{"type":35,"value":438},"Exchange Launchpool",{"type":30,"tag":31,"props":440,"children":441},{},[442],{"type":35,"value":443},"An exchange launchpool is a farming-style distribution. Users stake or lock an asset they already hold, usually the exchange's own token or a major stablecoin, for a set period. In return they accrue a share of a pre-announced pool of the new token. The new token is then listed for trading, often at or near the end of the farming window.",{"type":30,"tag":31,"props":445,"children":446},{},[447],{"type":35,"value":448},"For the project, the defining feature is that the tokens are given away rather than sold. The exchange selects the project, defines the pool, and the project contributes a portion of supply to it. There is no price paid by participants, so there is no capital raised from the program itself.",{"type":30,"tag":31,"props":450,"children":451},{},[452],{"type":35,"value":453},"What the project gets in return is distribution and visibility. Farming draws attention, creates a large number of holders in a short period, and typically ties directly to a spot listing on that venue. Teams that use this route are usually well funded already and treat the allocation as a customer acquisition and liquidity cost.",{"type":30,"tag":433,"props":455,"children":457},{"id":456},"ieo-or-exchange-launchpad-token-sale",[458],{"type":35,"value":459},"IEO or Exchange Launchpad Token Sale",{"type":30,"tag":31,"props":461,"children":462},{},[463],{"type":35,"value":464},"An Initial Exchange Offering, or IEO, is a token sale hosted by the exchange. Users commit funds (often the exchange token or a stablecoin) during a sale window, and the exchange allocates tokens according to its own rules, which may include lotteries, holding tiers or pro-rata systems. Funds go to the project, and tokens are delivered and listed on the exchange.",{"type":30,"tag":31,"props":466,"children":467},{},[468],{"type":35,"value":469},"Because users pay, the project raises capital. Because the exchange is the gatekeeper, it performs due diligence and carries its own reputation risk, which is why selection tends to be strict. The exchange also handles KYC and the mechanics of the sale, so the project does not have to run them.",{"type":30,"tag":31,"props":471,"children":472},{},[473],{"type":35,"value":474},"The common names here include exchange-branded launchpad products. Their terms, tiers and fees differ between exchanges and change over time.",{"type":30,"tag":433,"props":476,"children":478},{"id":477},"independent-or-on-chain-launchpad-ido",[479],{"type":35,"value":480},"Independent or On-Chain Launchpad (IDO)",{"type":30,"tag":31,"props":482,"children":483},{},[484],{"type":35,"value":485},"An Initial DEX Offering runs on a launchpad that is not an exchange. Participants usually stake the launchpad's own token to qualify for allocations, commit funds on-chain, and receive project tokens that then trade on a decentralized exchange, sometimes followed later by a centralized listing.",{"type":30,"tag":31,"props":487,"children":488},{},[489,491,497],{"type":35,"value":490},"If you are weighing IEO vs IDO, the distinction is the venue and the gatekeeper. An IEO runs inside a centralized exchange with its user base and a listing attached. An IDO runs on a separate platform, usually with lighter selection, a different crowd, and no promise that any major exchange will list you afterwards. For a wider survey of independent platforms, see our guide to ",{"type":30,"tag":126,"props":492,"children":494},{"href":493},"/blog/best-token-launch-platforms",[495],{"type":35,"value":496},"the best token launch platforms",{"type":35,"value":362},{"type":30,"tag":38,"props":499,"children":501},{"id":500},"launchpool-vs-ieo-vs-launchpad-side-by-side-comparison",[502],{"type":35,"value":503},"Launchpool vs IEO vs Launchpad: Side-by-Side Comparison",{"type":30,"tag":31,"props":505,"children":506},{},[507],{"type":35,"value":508},"All entries below are qualitative and general. Individual programs vary.",{"type":30,"tag":510,"props":511,"children":512},"table",{},[513,541],{"type":30,"tag":514,"props":515,"children":516},"thead",{},[517],{"type":30,"tag":518,"props":519,"children":520},"tr",{},[521,527,531,536],{"type":30,"tag":522,"props":523,"children":524},"th",{},[525],{"type":35,"value":526},"Factor",{"type":30,"tag":522,"props":528,"children":529},{},[530],{"type":35,"value":438},{"type":30,"tag":522,"props":532,"children":533},{},[534],{"type":35,"value":535},"IEO / Exchange Launchpad",{"type":30,"tag":522,"props":537,"children":538},{},[539],{"type":35,"value":540},"Independent IDO Launchpad",{"type":30,"tag":542,"props":543,"children":544},"tbody",{},[545,568,591,614,637,660,683,706],{"type":30,"tag":518,"props":546,"children":547},{},[548,554,559,564],{"type":30,"tag":549,"props":550,"children":551},"td",{},[552],{"type":35,"value":553},"Capital raised",{"type":30,"tag":549,"props":555,"children":556},{},[557],{"type":35,"value":558},"None from the program itself",{"type":30,"tag":549,"props":560,"children":561},{},[562],{"type":35,"value":563},"Yes, from sale proceeds",{"type":30,"tag":549,"props":565,"children":566},{},[567],{"type":35,"value":563},{"type":30,"tag":518,"props":569,"children":570},{},[571,576,581,586],{"type":30,"tag":549,"props":572,"children":573},{},[574],{"type":35,"value":575},"Who gets tokens",{"type":30,"tag":549,"props":577,"children":578},{},[579],{"type":35,"value":580},"Users who stake or lock exchange assets",{"type":30,"tag":549,"props":582,"children":583},{},[584],{"type":35,"value":585},"Users who commit funds in the sale",{"type":30,"tag":549,"props":587,"children":588},{},[589],{"type":35,"value":590},"Users who stake the launchpad token and commit funds",{"type":30,"tag":518,"props":592,"children":593},{},[594,599,604,609],{"type":30,"tag":549,"props":595,"children":596},{},[597],{"type":35,"value":598},"Dilution and free allocation cost",{"type":30,"tag":549,"props":600,"children":601},{},[602],{"type":35,"value":603},"Highest free allocation; tokens given away",{"type":30,"tag":549,"props":605,"children":606},{},[607],{"type":35,"value":608},"Tokens sold at a price, lower giveaway",{"type":30,"tag":549,"props":610,"children":611},{},[612],{"type":35,"value":613},"Tokens sold at a price, plus platform terms",{"type":30,"tag":518,"props":615,"children":616},{},[617,622,627,632],{"type":30,"tag":549,"props":618,"children":619},{},[620],{"type":35,"value":621},"Listing guarantee",{"type":30,"tag":549,"props":623,"children":624},{},[625],{"type":35,"value":626},"Typically tied to the program on that venue",{"type":30,"tag":549,"props":628,"children":629},{},[630],{"type":35,"value":631},"Typically tied to the sale on that venue",{"type":30,"tag":549,"props":633,"children":634},{},[635],{"type":35,"value":636},"None on major exchanges",{"type":30,"tag":518,"props":638,"children":639},{},[640,645,650,655],{"type":30,"tag":549,"props":641,"children":642},{},[643],{"type":35,"value":644},"Selection difficulty",{"type":30,"tag":549,"props":646,"children":647},{},[648],{"type":35,"value":649},"Very high",{"type":30,"tag":549,"props":651,"children":652},{},[653],{"type":35,"value":654},"High to very high",{"type":30,"tag":549,"props":656,"children":657},{},[658],{"type":35,"value":659},"Low to moderate",{"type":30,"tag":518,"props":661,"children":662},{},[663,668,673,678],{"type":30,"tag":549,"props":664,"children":665},{},[666],{"type":35,"value":667},"Post-listing sell pressure",{"type":30,"tag":549,"props":669,"children":670},{},[671],{"type":35,"value":672},"Often heavy early; holders paid nothing",{"type":30,"tag":549,"props":674,"children":675},{},[676],{"type":35,"value":677},"Mixed; holders paid, but some flip",{"type":30,"tag":549,"props":679,"children":680},{},[681],{"type":35,"value":682},"Mixed; often short-term allocators",{"type":30,"tag":518,"props":684,"children":685},{},[686,691,696,701],{"type":30,"tag":549,"props":687,"children":688},{},[689],{"type":35,"value":690},"Marketing reach",{"type":30,"tag":549,"props":692,"children":693},{},[694],{"type":35,"value":695},"Very wide, exchange-wide",{"type":30,"tag":549,"props":697,"children":698},{},[699],{"type":35,"value":700},"Wide, exchange-wide",{"type":30,"tag":549,"props":702,"children":703},{},[704],{"type":35,"value":705},"Moderate, launchpad community",{"type":30,"tag":518,"props":707,"children":708},{},[709,714,719,724],{"type":30,"tag":549,"props":710,"children":711},{},[712],{"type":35,"value":713},"Typical project stage",{"type":30,"tag":549,"props":715,"children":716},{},[717],{"type":35,"value":718},"Funded, product live, ready for scale",{"type":30,"tag":549,"props":720,"children":721},{},[722],{"type":35,"value":723},"Product or strong traction, needs funds and reach",{"type":30,"tag":549,"props":725,"children":726},{},[727],{"type":35,"value":728},"Earlier stage, needs funds and community",{"type":30,"tag":31,"props":730,"children":731},{},[732],{"type":35,"value":733},"Three points deserve more explanation than a table cell allows.",{"type":30,"tag":31,"props":735,"children":736},{},[737],{"type":35,"value":738},"First, \"free allocation cost\" is a real cost. Giving away a slice of supply to farmers is not free to your cap table or your token price. It is an exchange of supply for attention, and you should price it that way against what the same supply could have been worth in a sale or reserved for ecosystem growth.",{"type":30,"tag":31,"props":740,"children":741},{},[742],{"type":35,"value":743},"Second, selection difficulty does not equal quality for your project. A program that rejects most applicants may still be a poor fit if your product, geography or community does not match its users.",{"type":30,"tag":31,"props":745,"children":746},{},[747],{"type":35,"value":748},"Third, a listing guarantee is only as good as the written terms. Ask what exactly is guaranteed, on which pairs, and from when.",{"type":30,"tag":38,"props":750,"children":752},{"id":751},"what-happens-after-listing",[753],{"type":35,"value":754},"What Happens After Listing",{"type":30,"tag":31,"props":756,"children":757},{},[758],{"type":35,"value":759},"Distribution models differ at the start, but the first days of trading are where they converge into the same problem: a new token, many holders, and thin order books.",{"type":30,"tag":433,"props":761,"children":763},{"id":762},"sell-pressure-from-free-farmed-tokens",[764],{"type":35,"value":765},"Sell Pressure From Free-Farmed Tokens",{"type":30,"tag":31,"props":767,"children":768},{},[769],{"type":35,"value":770},"Launchpool participants received tokens for locking assets they already held. Many are not buyers of your project in a conviction sense. They are farmers, and once the token is tradable some will sell immediately, since their cost basis is effectively the opportunity cost of staking. This is not a criticism of the participants. It is a predictable behavior pattern you should plan for.",{"type":30,"tag":31,"props":772,"children":773},{},[774,776,782],{"type":35,"value":775},"IEO and IDO buyers paid something, which changes behavior at the margin, but short-term allocators exist there too, especially when allocations are small relative to demand and the listing price is above the sale price. Our guide on ",{"type":30,"tag":126,"props":777,"children":779},{"href":778},"/blog/token-unlocks-managing-sell-pressure",[780],{"type":35,"value":781},"token unlocks and managing sell pressure",{"type":35,"value":783}," covers how vesting and release schedules interact with these early flows.",{"type":30,"tag":433,"props":785,"children":787},{"id":786},"why-liquidity-and-market-making-matter-here",[788],{"type":35,"value":789},"Why Liquidity and Market Making Matter Here",{"type":30,"tag":31,"props":791,"children":792},{},[793],{"type":35,"value":794},"Wide distribution plus thin liquidity produces volatility. When thousands of holders can sell on day one and the order book is shallow, a modest sell order moves price a long way, and a falling price triggers more selling.",{"type":30,"tag":31,"props":796,"children":797},{},[798,800,806],{"type":35,"value":799},"This is where professional liquidity matters. A market maker posts continuous two-sided quotes, tightens spreads and absorbs flow, so that distribution events do not turn into price collapses. It does not remove sell pressure, and it does not defend a price. It makes the market orderly enough for real price discovery. Read ",{"type":30,"tag":126,"props":801,"children":803},{"href":802},"/blog/how-much-liquidity-does-a-token-need-at-launch",[804],{"type":35,"value":805},"how much liquidity a token needs at launch",{"type":35,"value":807}," before you size your inventory and your budget.",{"type":30,"tag":31,"props":809,"children":810},{},[811],{"type":35,"value":812},"Put simply: the more tokens you distribute for free or cheaply, the more important depth and spread quality become in the first weeks.",{"type":30,"tag":38,"props":814,"children":816},{"id":815},"which-should-you-pick-decision-rules",[817],{"type":35,"value":818},"Which Should You Pick? Decision Rules",{"type":30,"tag":31,"props":820,"children":821},{},[822],{"type":35,"value":823},"No model is best in the abstract. Use these rules as a starting point.",{"type":30,"tag":253,"props":825,"children":826},{},[827,837,847,857,867,877],{"type":30,"tag":259,"props":828,"children":829},{},[830,835],{"type":30,"tag":58,"props":831,"children":832},{},[833],{"type":35,"value":834},"You already have funding and a live product, and want exchange-scale distribution.",{"type":35,"value":836}," An exchange launchpool is the natural fit, provided you accept giving away supply and can support the listing with liquidity.",{"type":30,"tag":259,"props":838,"children":839},{},[840,845],{"type":30,"tag":58,"props":841,"children":842},{},[843],{"type":35,"value":844},"You need to raise capital and want an exchange's audience and compliance handling.",{"type":35,"value":846}," An IEO or exchange launchpad sale fits, provided you can meet a high bar on traction, team and documentation.",{"type":30,"tag":259,"props":848,"children":849},{},[850,855],{"type":30,"tag":58,"props":851,"children":852},{},[853],{"type":35,"value":854},"You are early, have a community, and need funds without exchange gatekeeping.",{"type":35,"value":856}," An independent IDO launchpad is more accessible, but plan your own path to a centralized listing.",{"type":30,"tag":259,"props":858,"children":859},{},[860,865],{"type":30,"tag":58,"props":861,"children":862},{},[863],{"type":35,"value":864},"Your token has weak demand fundamentals.",{"type":35,"value":866}," None of these models fixes that. Free distribution will amplify sell pressure and a paid sale will show the lack of demand quickly. Fix the product and tokenomics first.",{"type":30,"tag":259,"props":868,"children":869},{},[870,875],{"type":30,"tag":58,"props":871,"children":872},{},[873],{"type":35,"value":874},"You cannot support the launch with liquidity.",{"type":35,"value":876}," Delay the launch or reduce the distribution scale. A wide distribution into an empty order book damages the token's reputation for months.",{"type":30,"tag":259,"props":878,"children":879},{},[880,885],{"type":30,"tag":58,"props":881,"children":882},{},[883],{"type":35,"value":884},"Your jurisdiction or investors need clear compliance.",{"type":35,"value":886}," Favor venues that handle KYC and legal structure, and take legal advice, since rules differ by country and by token design.",{"type":30,"tag":31,"props":888,"children":889},{},[890],{"type":35,"value":891},"Teams sometimes ask whether they can combine models, for example an earlier private or community round followed by an exchange program. Sometimes yes, but the exchange will care about your existing holders, unlock schedule and price history, so sequence it deliberately. Map the whole timeline, from earlier rounds to unlocks to the listing date, before you apply.",{"type":30,"tag":38,"props":893,"children":895},{"id":894},"how-to-prepare-for-an-exchange-launch-program",[896],{"type":35,"value":897},"How to Prepare for an Exchange Launch Program",{"type":30,"tag":31,"props":899,"children":900},{},[901],{"type":35,"value":902},"Preparation is where most teams win or lose these applications. A sensible checklist:",{"type":30,"tag":904,"props":905,"children":906},"ol",{},[907,925,943,953,963,973],{"type":30,"tag":259,"props":908,"children":909},{},[910,915,917,923],{"type":30,"tag":58,"props":911,"children":912},{},[913],{"type":35,"value":914},"Clean documentation.",{"type":35,"value":916}," A clear whitepaper and tokenomics document are the first things reviewers read. Use our ",{"type":30,"tag":126,"props":918,"children":920},{"href":919},"/blog/crypto-whitepaper-checklist",[921],{"type":35,"value":922},"crypto whitepaper checklist",{"type":35,"value":924}," to find gaps before they do.",{"type":30,"tag":259,"props":926,"children":927},{},[928,933,935,941],{"type":30,"tag":58,"props":929,"children":930},{},[931],{"type":35,"value":932},"Defensible supply numbers.",{"type":35,"value":934}," Exchanges and data aggregators need consistent circulating and total supply figures. See ",{"type":30,"tag":126,"props":936,"children":938},{"href":937},"/blog/circulating-supply-explained-token-teams",[939],{"type":35,"value":940},"how to calculate and report circulating supply",{"type":35,"value":942}," so your numbers match everywhere.",{"type":30,"tag":259,"props":944,"children":945},{},[946,951],{"type":30,"tag":58,"props":947,"children":948},{},[949],{"type":35,"value":950},"A realistic vesting and unlock schedule.",{"type":35,"value":952}," Show that team, investor and treasury tokens do not hit the market in the same window as the program.",{"type":30,"tag":259,"props":954,"children":955},{},[956,961],{"type":30,"tag":58,"props":957,"children":958},{},[959],{"type":35,"value":960},"A liquidity plan.",{"type":35,"value":962}," Decide inventory, venues, quote depth and budget before the listing date, not after it.",{"type":30,"tag":259,"props":964,"children":965},{},[966,971],{"type":30,"tag":58,"props":967,"children":968},{},[969],{"type":35,"value":970},"A communications plan.",{"type":35,"value":972}," Prepare announcements and community education so participants understand lock periods, claim dates and listing times.",{"type":30,"tag":259,"props":974,"children":975},{},[976,981],{"type":30,"tag":58,"props":977,"children":978},{},[979],{"type":35,"value":980},"Current written terms.",{"type":35,"value":982}," Request each exchange's current terms in writing and have counsel review them. Terms change, and what a competitor received last year is not a guide to your deal.",{"type":30,"tag":38,"props":984,"children":986},{"id":985},"final-take",[987],{"type":35,"value":988},"Final Take",{"type":30,"tag":31,"props":990,"children":991},{},[992],{"type":35,"value":993},"The right choice among launchpool, IEO and launchpad depends on whether you need capital, reach, or both, and on how much supply you can afford to give away. Whichever you pick, the distribution event is only the beginning, and the first weeks of trading decide how the market remembers it.",{"type":30,"tag":31,"props":995,"children":996},{},[997,999,1004],{"type":35,"value":998},"At Fibonacci Capital we work with teams on exactly that handoff, from planning launch liquidity to running the market after listing. If you are comparing launch routes and want a second view on liquidity and sell pressure, ",{"type":30,"tag":126,"props":1000,"children":1001},{"href":357},[1002],{"type":35,"value":1003},"get in touch about our PreTGE and launch support",{"type":35,"value":362},{"title":7,"searchDepth":364,"depth":364,"links":1006},[1007,1008,1014,1015,1019,1020,1021],{"id":407,"depth":364,"text":410},{"id":428,"depth":364,"text":431,"children":1009},[1010,1012,1013],{"id":435,"depth":1011,"text":438},3,{"id":456,"depth":1011,"text":459},{"id":477,"depth":1011,"text":480},{"id":500,"depth":364,"text":503},{"id":751,"depth":364,"text":754,"children":1016},[1017,1018],{"id":762,"depth":1011,"text":765},{"id":786,"depth":1011,"text":789},{"id":815,"depth":364,"text":818},{"id":894,"depth":364,"text":897},{"id":985,"depth":364,"text":988},"content:blog:launchpool-vs-ieo-vs-launchpad.md","blog/launchpool-vs-ieo-vs-launchpad.md","blog/launchpool-vs-ieo-vs-launchpad",{"_path":1026,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":1027,"description":1028,"date":1029,"author":11,"category":12,"tags":1030,"keywords":1034,"image":1040,"readTime":25,"body":1041,"_type":377,"_id":1886,"_source":379,"_file":1887,"_stem":1888,"_extension":382},"/blog/crypto-launchpad-application-checklist","Crypto Launchpad Application Checklist: How to Get Accepted","A crypto launchpad application checklist for token teams: the documents, tokenomics, audits and traction launchpads review, and the mistakes that get you rejected.","2026-10-05",[1031,1032,393,1033],"crypto launchpads","IDO","checklist",[1035,1036,1037,1038,1039],"crypto launchpad application","how to apply to a launchpad","IDO launchpad requirements","launchpad application checklist","how to get accepted on a crypto launchpad","/assets/images/blog/crypto-launchpad-application-checklist.jpg",{"type":27,"children":1042,"toc":1870},[1043,1048,1061,1067,1072,1115,1120,1126,1132,1181,1186,1192,1232,1237,1243,1301,1314,1320,1369,1382,1388,1428,1433,1439,1479,1484,1490,1539,1544,1550,1703,1709,1719,1729,1739,1749,1759,1769,1775,1780,1843,1848,1854,1859],{"type":30,"tag":31,"props":1044,"children":1045},{},[1046],{"type":35,"value":1047},"To get accepted by a crypto launchpad, you need to show four things before anyone reads your pitch closely: a team the launchpad can identify and hold accountable, tokenomics that will not punish its community after listing, a contract that has been audited, and evidence that people outside your team care about the product. Launchpads put their own reputation behind every sale, and their users judge them by how those tokens trade after launch. Your application is really an argument that your token will not embarrass them. The checklist below covers what to prepare, in the order most launchpads review it, plus the mistakes that quietly get applications declined.",{"type":30,"tag":31,"props":1049,"children":1050},{},[1051,1053,1059],{"type":35,"value":1052},"If you have not yet decided which launchpad to apply to, start with our guide on ",{"type":30,"tag":126,"props":1054,"children":1056},{"href":1055},"/blog/best-crypto-launchpads-how-to-choose",[1057],{"type":35,"value":1058},"how to choose the best crypto launchpad",{"type":35,"value":1060},". This article assumes you have a shortlist and want to get through the door.",{"type":30,"tag":38,"props":1062,"children":1064},{"id":1063},"how-launchpads-actually-review-applications",[1065],{"type":35,"value":1066},"How Launchpads Actually Review Applications",{"type":30,"tag":31,"props":1068,"children":1069},{},[1070],{"type":35,"value":1071},"Each platform has its own form, but the review process tends to follow the same funnel:",{"type":30,"tag":904,"props":1073,"children":1074},{},[1075,1085,1095,1105],{"type":30,"tag":259,"props":1076,"children":1077},{},[1078,1083],{"type":30,"tag":58,"props":1079,"children":1080},{},[1081],{"type":35,"value":1082},"Screening.",{"type":35,"value":1084}," A business development or deal team skims the deck, the website and the team page. Most declines happen here, often without detailed feedback.",{"type":30,"tag":259,"props":1086,"children":1087},{},[1088,1093],{"type":30,"tag":58,"props":1089,"children":1090},{},[1091],{"type":35,"value":1092},"Due diligence.",{"type":35,"value":1094}," If you pass screening, expect calls with the team, requests for the tokenomics model, vesting schedule, audit report, legal structure and fundraising history, and usually KYC or KYB on the founders and the issuing entity.",{"type":30,"tag":259,"props":1096,"children":1097},{},[1098,1103],{"type":30,"tag":58,"props":1099,"children":1100},{},[1101],{"type":35,"value":1102},"Commercial terms.",{"type":35,"value":1104}," Allocation size, sale price, fees, any token allocation to the launchpad itself, marketing commitments and the listing plan.",{"type":30,"tag":259,"props":1106,"children":1107},{},[1108,1113],{"type":30,"tag":58,"props":1109,"children":1110},{},[1111],{"type":35,"value":1112},"Launch preparation.",{"type":35,"value":1114}," Smart contract integration, sale mechanics, whitelist and tier rules, and coordinated announcements.",{"type":30,"tag":31,"props":1116,"children":1117},{},[1118],{"type":35,"value":1119},"Treat screening as the hardest stage. The deal team sees many applications, so anything confusing, missing or inconsistent is an easy reason to move on.",{"type":30,"tag":38,"props":1121,"children":1123},{"id":1122},"the-crypto-launchpad-application-checklist",[1124],{"type":35,"value":1125},"The Crypto Launchpad Application Checklist",{"type":30,"tag":433,"props":1127,"children":1129},{"id":1128},"_1-team-and-entity",[1130],{"type":35,"value":1131},"1. Team and entity",{"type":30,"tag":253,"props":1133,"children":1135},{"className":1134},[256],[1136,1145,1154,1163,1172],{"type":30,"tag":259,"props":1137,"children":1139},{"className":1138},[262],[1140,1143],{"type":30,"tag":265,"props":1141,"children":1142},{"disabled":267,"type":268},[],{"type":35,"value":1144}," Founders and key team members named, with verifiable professional histories",{"type":30,"tag":259,"props":1146,"children":1148},{"className":1147},[262],[1149,1152],{"type":30,"tag":265,"props":1150,"children":1151},{"disabled":267,"type":268},[],{"type":35,"value":1153}," Willingness to complete KYC/KYB for founders and the issuing entity",{"type":30,"tag":259,"props":1155,"children":1157},{"className":1156},[262],[1158,1161],{"type":30,"tag":265,"props":1159,"children":1160},{"disabled":267,"type":268},[],{"type":35,"value":1162}," Clear legal entity that will issue the token, with jurisdiction stated",{"type":30,"tag":259,"props":1164,"children":1166},{"className":1165},[262],[1167,1170],{"type":30,"tag":265,"props":1168,"children":1169},{"disabled":267,"type":268},[],{"type":35,"value":1171}," Advisors listed only if they are actually involved and will confirm it",{"type":30,"tag":259,"props":1173,"children":1175},{"className":1174},[262],[1176,1179],{"type":30,"tag":265,"props":1177,"children":1178},{"disabled":267,"type":268},[],{"type":35,"value":1180}," A single point of contact who can answer commercial and technical questions",{"type":30,"tag":31,"props":1182,"children":1183},{},[1184],{"type":35,"value":1185},"Anonymous teams are not automatically rejected everywhere, but they narrow your options considerably. Most mid-tier and top-tier launchpads want someone accountable, at minimum privately through KYC.",{"type":30,"tag":433,"props":1187,"children":1189},{"id":1188},"_2-product-and-traction",[1190],{"type":35,"value":1191},"2. 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A smaller number you can back up with on-chain data or a live dashboard is worth more than a large number you cannot verify.",{"type":30,"tag":433,"props":1238,"children":1240},{"id":1239},"_3-tokenomics",[1241],{"type":35,"value":1242},"3. 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If your audit is still in progress, say when it will finish rather than leaving the field blank. See our breakdown of ",{"type":30,"tag":126,"props":1375,"children":1377},{"href":1376},"/blog/smart-contract-audits-before-launch",[1378],{"type":35,"value":1379},"smart contract audits before launch",{"type":35,"value":1381}," for what auditors check and how long to allow.",{"type":30,"tag":433,"props":1383,"children":1385},{"id":1384},"_5-fundraising-history-and-legal",[1386],{"type":35,"value":1387},"5. 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A community that only appears once the sale is announced is a warning sign to reviewers.",{"type":30,"tag":433,"props":1485,"children":1487},{"id":1486},"_7-listing-and-liquidity-plan",[1488],{"type":35,"value":1489},"7. 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A launchpad's reputation depends on how its tokens perform after the sale, and thin books on listing day are one of the most visible ways a launch goes wrong. 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Many launchpads remember declined projects, and reapplying soon after with little new progress rarely helps. Apply once the product, audit and tokenomics are close to final.",{"type":30,"tag":31,"props":1720,"children":1721},{},[1722,1727],{"type":30,"tag":58,"props":1723,"children":1724},{},[1725],{"type":35,"value":1726},"Inconsistent numbers.",{"type":35,"value":1728}," The supply in the deck differs from the whitepaper, or the vesting in the spreadsheet does not match the website. Reviewers read inconsistency as either carelessness or concealment. Keep one source of truth and generate every document from it.",{"type":30,"tag":31,"props":1730,"children":1731},{},[1732,1737],{"type":30,"tag":58,"props":1733,"children":1734},{},[1735],{"type":35,"value":1736},"Pricing the sale for the team, not the buyer.",{"type":35,"value":1738}," Founders often push for the highest possible sale price. 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Disclose it up front with the vesting terms and explain why it does not create a sell wall at launch.",{"type":30,"tag":31,"props":1750,"children":1751},{},[1752,1757],{"type":30,"tag":58,"props":1753,"children":1754},{},[1755],{"type":35,"value":1756},"No answer for day one.",{"type":35,"value":1758}," Teams that cannot say where the token will trade, who supports the order book and how much liquidity is committed look unprepared, however good the product is.",{"type":30,"tag":31,"props":1760,"children":1761},{},[1762,1767],{"type":30,"tag":58,"props":1763,"children":1764},{},[1765],{"type":35,"value":1766},"Treating the launchpad as the whole launch.",{"type":35,"value":1768}," The sale is one event. 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Diligence calls, legal back and forth and integration work regularly push timelines out, so leave slack before your planned TGE.",{"type":30,"tag":38,"props":1849,"children":1851},{"id":1850},"final-word",[1852],{"type":35,"value":1853},"Final Word",{"type":30,"tag":31,"props":1855,"children":1856},{},[1857],{"type":35,"value":1858},"A launchpad application is won on preparation, not on the pitch. Teams that arrive with clean tokenomics, a finished audit, honest traction and a concrete plan for liquidity after listing are the ones launchpads compete to host. The listing and liquidity section is where many otherwise strong applications fall short, because it depends on partners the team has not yet chosen.",{"type":30,"tag":31,"props":1860,"children":1861},{},[1862,1864,1869],{"type":35,"value":1863},"That is the part Fibonacci Capital works on with token teams: market making, liquidity planning and listing support from before TGE through the first months of trading. If you are preparing a launchpad application and want the liquidity section to stand up to diligence, ",{"type":30,"tag":126,"props":1865,"children":1866},{"href":357},[1867],{"type":35,"value":1868},"get in touch through our pre-TGE programme",{"type":35,"value":362},{"title":7,"searchDepth":364,"depth":364,"links":1871},[1872,1873,1882,1883,1884,1885],{"id":1063,"depth":364,"text":1066},{"id":1122,"depth":364,"text":1125,"children":1874},[1875,1876,1877,1878,1879,1880,1881],{"id":1128,"depth":1011,"text":1131},{"id":1188,"depth":1011,"text":1191},{"id":1239,"depth":1011,"text":1242},{"id":1316,"depth":1011,"text":1319},{"id":1384,"depth":1011,"text":1387},{"id":1435,"depth":1011,"text":1438},{"id":1486,"depth":1011,"text":1489},{"id":1546,"depth":364,"text":1549},{"id":1705,"depth":364,"text":1708},{"id":1771,"depth":364,"text":1774},{"id":1850,"depth":364,"text":1853},"content:blog:crypto-launchpad-application-checklist.md","blog/crypto-launchpad-application-checklist.md","blog/crypto-launchpad-application-checklist",{"_path":1055,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":1890,"description":1891,"date":1892,"author":11,"category":12,"tags":1893,"keywords":1894,"image":1901,"readTime":25,"body":1902,"_type":377,"_id":2530,"_source":379,"_file":2531,"_stem":2532,"_extension":382},"Best Crypto Launchpads: How to Choose the Right One","A practical guide to the best crypto launchpads: the selection criteria that matter, a tier-by-tier comparison, key questions to ask, and how to pick.","2026-07-15",[1031,1032,16,393],[1895,1896,1897,1898,1899,1900],"best crypto launchpads","crypto launchpad","top crypto launchpad","launchpad crypto","IDO launchpad","how to choose a launchpad","/assets/images/blog/best-crypto-launchpads-how-to-choose.jpg",{"type":27,"children":1903,"toc":2516},[1904,1910,1915,1920,1926,1931,1994,1999,2005,2010,2233,2238,2243,2248,2253,2259,2264,2270,2275,2285,2291,2296,2349,2355,2365,2375,2385,2402,2412,2422,2428,2433,2438,2444,2449,2492,2505],{"type":30,"tag":38,"props":1905,"children":1907},{"id":1906},"what-makes-a-launchpad-one-of-the-best",[1908],{"type":35,"value":1909},"What Makes a Launchpad One of the Best",{"type":30,"tag":31,"props":1911,"children":1912},{},[1913],{"type":35,"value":1914},"There is no single objectively best crypto launchpad — only the right launchpad for a given project's stage, vertical, and goals. The best crypto launchpads share a specific set of traits: a genuine, engaged investor base rather than mercenary capital; real vetting rather than a rubber stamp; a fee and token allocation structure the project can absorb without crippling future sell pressure; and a plan for what happens to liquidity after the sale closes. Founders who evaluate launchpads on brand name alone routinely end up with a loud TGE and a broken chart a week later.",{"type":30,"tag":31,"props":1916,"children":1917},{},[1918],{"type":35,"value":1919},"This guide sets out the criteria that separate a strong launchpad from a weak one, compares the main tiers of the launchpad crypto landscape, and closes with a practical checklist and a verdict on which type fits which kind of project.",{"type":30,"tag":38,"props":1921,"children":1923},{"id":1922},"selection-criteria-what-to-judge-a-launchpad-on",[1924],{"type":35,"value":1925},"Selection Criteria: What to Judge a Launchpad On",{"type":30,"tag":31,"props":1927,"children":1928},{},[1929],{"type":35,"value":1930},"Before ranking or comparing anything, define what \"best\" means for your project. Use these six criteria consistently across every launchpad you evaluate:",{"type":30,"tag":253,"props":1932,"children":1933},{},[1934,1944,1954,1964,1974,1984],{"type":30,"tag":259,"props":1935,"children":1936},{},[1937,1942],{"type":30,"tag":58,"props":1938,"children":1939},{},[1940],{"type":35,"value":1941},"Audience quality.",{"type":35,"value":1943}," Are the participants genuine holders and community members, or allocation farmers who buy every sale on the platform and sell within hours of listing?",{"type":30,"tag":259,"props":1945,"children":1946},{},[1947,1952],{"type":30,"tag":58,"props":1948,"children":1949},{},[1950],{"type":35,"value":1951},"Vetting rigor.",{"type":35,"value":1953}," Does the platform apply real due diligence — smart contract review, team verification, tokenomics scrutiny — or does it accept nearly any project that pays the fee?",{"type":30,"tag":259,"props":1955,"children":1956},{},[1957,1962],{"type":30,"tag":58,"props":1958,"children":1959},{},[1960],{"type":35,"value":1961},"Post-listing support.",{"type":35,"value":1963}," Does the launchpad help arrange liquidity and market making after the sale, or does its responsibility end the moment tokens are distributed?",{"type":30,"tag":259,"props":1965,"children":1966},{},[1967,1972],{"type":30,"tag":58,"props":1968,"children":1969},{},[1970],{"type":35,"value":1971},"Fee and token structure.",{"type":35,"value":1973}," What is the full cost, including any token allocation the platform keeps, and how does that allocation behave once it unlocks?",{"type":30,"tag":259,"props":1975,"children":1976},{},[1977,1982],{"type":30,"tag":58,"props":1978,"children":1979},{},[1980],{"type":35,"value":1981},"Regional and jurisdictional reach.",{"type":35,"value":1983}," Does the platform's user base and compliance framework match where your actual investors and target markets are?",{"type":30,"tag":259,"props":1985,"children":1986},{},[1987,1992],{"type":30,"tag":58,"props":1988,"children":1989},{},[1990],{"type":35,"value":1991},"Track record of listed projects.",{"type":35,"value":1993}," How have previous tokens launched on the platform performed and traded in the weeks after their TGE, not just how much capital the platform claims to have raised?",{"type":30,"tag":31,"props":1995,"children":1996},{},[1997],{"type":35,"value":1998},"Every launchpad in the market can be sorted into a rough tier using these six factors, and the tier is a better predictor of fit than the platform's name recognition alone.",{"type":30,"tag":38,"props":2000,"children":2002},{"id":2001},"comparing-launchpad-types-tier-1-vs-mid-tier-vs-niche-vs-community-driven",[2003],{"type":35,"value":2004},"Comparing Launchpad Types: Tier-1 vs Mid-Tier vs Niche vs Community-Driven",{"type":30,"tag":31,"props":2006,"children":2007},{},[2008],{"type":35,"value":2009},"The crypto launchpad landscape splits into four broad tiers. None is universally better — each trades reach and prestige for cost, control, and speed differently.",{"type":30,"tag":510,"props":2011,"children":2012},{},[2013,2044],{"type":30,"tag":514,"props":2014,"children":2015},{},[2016],{"type":30,"tag":518,"props":2017,"children":2018},{},[2019,2024,2029,2034,2039],{"type":30,"tag":522,"props":2020,"children":2021},{},[2022],{"type":35,"value":2023},"Criteria",{"type":30,"tag":522,"props":2025,"children":2026},{},[2027],{"type":35,"value":2028},"Tier-1 Exchange Launchpads",{"type":30,"tag":522,"props":2030,"children":2031},{},[2032],{"type":35,"value":2033},"Mid-Tier IDO Launchpads",{"type":30,"tag":522,"props":2035,"children":2036},{},[2037],{"type":35,"value":2038},"Niche / Regional Launchpads",{"type":30,"tag":522,"props":2040,"children":2041},{},[2042],{"type":35,"value":2043},"Community-Driven / Fair-Launch",{"type":30,"tag":542,"props":2045,"children":2046},{},[2047,2078,2109,2140,2171,2202],{"type":30,"tag":518,"props":2048,"children":2049},{},[2050,2058,2063,2068,2073],{"type":30,"tag":549,"props":2051,"children":2052},{},[2053],{"type":30,"tag":58,"props":2054,"children":2055},{},[2056],{"type":35,"value":2057},"Audience quality",{"type":30,"tag":549,"props":2059,"children":2060},{},[2061],{"type":35,"value":2062},"Large and liquid, but a meaningful share is short-term allocation capital",{"type":30,"tag":549,"props":2064,"children":2065},{},[2066],{"type":35,"value":2067},"Mixed — ranges from genuine crypto-native communities to allocation farmers, varies by platform",{"type":30,"tag":549,"props":2069,"children":2070},{},[2071],{"type":35,"value":2072},"Smaller but often more aligned with the project's vertical or geography",{"type":30,"tag":549,"props":2074,"children":2075},{},[2076],{"type":35,"value":2077},"Entirely dependent on the project's own community; the platform provides no audience of its own",{"type":30,"tag":518,"props":2079,"children":2080},{},[2081,2089,2094,2099,2104],{"type":30,"tag":549,"props":2082,"children":2083},{},[2084],{"type":30,"tag":58,"props":2085,"children":2086},{},[2087],{"type":35,"value":2088},"Vetting rigor",{"type":30,"tag":549,"props":2090,"children":2091},{},[2092],{"type":35,"value":2093},"High — exchanges protect their own brand and apply strict listing standards",{"type":30,"tag":549,"props":2095,"children":2096},{},[2097],{"type":35,"value":2098},"Moderate and inconsistent — some run real diligence, others largely rubber-stamp applicants",{"type":30,"tag":549,"props":2100,"children":2101},{},[2102],{"type":35,"value":2103},"Often relationship-based and informal",{"type":30,"tag":549,"props":2105,"children":2106},{},[2107],{"type":35,"value":2108},"Minimal to none by design — permissionless, buyer-beware",{"type":30,"tag":518,"props":2110,"children":2111},{},[2112,2120,2125,2130,2135],{"type":30,"tag":549,"props":2113,"children":2114},{},[2115],{"type":30,"tag":58,"props":2116,"children":2117},{},[2118],{"type":35,"value":2119},"Post-listing support",{"type":30,"tag":549,"props":2121,"children":2122},{},[2123],{"type":35,"value":2124},"Frequently includes a spot listing on the same exchange and market maker coordination",{"type":30,"tag":549,"props":2126,"children":2127},{},[2128],{"type":35,"value":2129},"Inconsistent — ranges from active liquidity support to a clean handoff with no follow-up",{"type":30,"tag":549,"props":2131,"children":2132},{},[2133],{"type":35,"value":2134},"Usually limited, sometimes tied to a local exchange relationship",{"type":30,"tag":549,"props":2136,"children":2137},{},[2138],{"type":35,"value":2139},"None built in — the project owns liquidity and aftercare entirely",{"type":30,"tag":518,"props":2141,"children":2142},{},[2143,2151,2156,2161,2166],{"type":30,"tag":549,"props":2144,"children":2145},{},[2146],{"type":30,"tag":58,"props":2147,"children":2148},{},[2149],{"type":35,"value":2150},"Fee / token structure",{"type":30,"tag":549,"props":2152,"children":2153},{},[2154],{"type":35,"value":2155},"Highest cost: meaningful token allocation and/or listing fee, justified by reach",{"type":30,"tag":549,"props":2157,"children":2158},{},[2159],{"type":35,"value":2160},"Moderate blend of cash fee and token allocation, often negotiable",{"type":30,"tag":549,"props":2162,"children":2163},{},[2164],{"type":35,"value":2165},"Lower cost, sometimes a revenue-share instead of an upfront fee",{"type":30,"tag":549,"props":2167,"children":2168},{},[2169],{"type":35,"value":2170},"Lowest platform cost, largely limited to transaction and contract fees",{"type":30,"tag":518,"props":2172,"children":2173},{},[2174,2182,2187,2192,2197],{"type":30,"tag":549,"props":2175,"children":2176},{},[2177],{"type":30,"tag":58,"props":2178,"children":2179},{},[2180],{"type":35,"value":2181},"Regional reach",{"type":30,"tag":549,"props":2183,"children":2184},{},[2185],{"type":35,"value":2186},"Global, subject to jurisdictional exclusions for certain investors",{"type":30,"tag":549,"props":2188,"children":2189},{},[2190],{"type":35,"value":2191},"Broad within crypto-native markets, less consistent elsewhere",{"type":30,"tag":549,"props":2193,"children":2194},{},[2195],{"type":35,"value":2196},"Deep in one geography or vertical, weak outside it",{"type":30,"tag":549,"props":2198,"children":2199},{},[2200],{"type":35,"value":2201},"No inherent reach — depends entirely on the project's own marketing",{"type":30,"tag":518,"props":2203,"children":2204},{},[2205,2213,2218,2223,2228],{"type":30,"tag":549,"props":2206,"children":2207},{},[2208],{"type":30,"tag":58,"props":2209,"children":2210},{},[2211],{"type":35,"value":2212},"Track record",{"type":30,"tag":549,"props":2214,"children":2215},{},[2216],{"type":35,"value":2217},"Long, well-documented history that is easy to audit",{"type":30,"tag":549,"props":2219,"children":2220},{},[2221],{"type":35,"value":2222},"Highly variable between platforms — some strong, some with a poor track record",{"type":30,"tag":549,"props":2224,"children":2225},{},[2226],{"type":35,"value":2227},"Shorter and harder to verify independently",{"type":30,"tag":549,"props":2229,"children":2230},{},[2231],{"type":35,"value":2232},"No centralized track record, since sales are not standardized under one brand",{"type":30,"tag":433,"props":2234,"children":2236},{"id":2235},"tier-1-exchange-launchpads",[2237],{"type":35,"value":2028},{"type":30,"tag":31,"props":2239,"children":2240},{},[2241],{"type":35,"value":2242},"These run sales directly on a major centralized exchange — the category most people picture when they hear \"top crypto launchpad.\" They offer immediate access to a large, verified user base and typically an instant spot listing on the same exchange. The trade-off is selectivity: acceptance rates are low, and projects need real traction and a polished story before applying.",{"type":30,"tag":433,"props":2244,"children":2246},{"id":2245},"mid-tier-ido-launchpads",[2247],{"type":35,"value":2033},{"type":30,"tag":31,"props":2249,"children":2250},{},[2251],{"type":35,"value":2252},"Initial DEX Offering launchpads facilitate on-chain sales, often with investors staking the platform's native token to earn allocation tiers. This is the most crowded segment of the launchpad crypto market, and quality varies enormously between platforms — some have a genuinely engaged community, others are dominated by allocation hunters rotating through every sale. Diligence on the specific platform matters more here than in any other tier.",{"type":30,"tag":433,"props":2254,"children":2256},{"id":2255},"niche-and-regional-launchpads",[2257],{"type":35,"value":2258},"Niche and Regional Launchpads",{"type":30,"tag":31,"props":2260,"children":2261},{},[2262],{"type":35,"value":2263},"A growing set of launchpads focus on a single geography or vertical — gaming, real-world assets, a specific regional exchange's user base — rather than competing with the largest generalist platforms. For a project whose community and narrative are concentrated in that same niche, these can outperform a bigger, less targeted launchpad on engagement.",{"type":30,"tag":433,"props":2265,"children":2267},{"id":2266},"community-driven-and-fair-launch-platforms",[2268],{"type":35,"value":2269},"Community-Driven and Fair-Launch Platforms",{"type":30,"tag":31,"props":2271,"children":2272},{},[2273],{"type":35,"value":2274},"Fair-launch tooling and liquidity bootstrapping auctions give every participant the same entry terms, with no privileged private round. This suits projects whose narrative depends on credible decentralization, but it shifts nearly all the marketing, vetting, and liquidity work back onto the founding team, since the platform provides infrastructure rather than an audience.",{"type":30,"tag":31,"props":2276,"children":2277},{},[2278,2280,2284],{"type":35,"value":2279},"For a closer look at specific, named platforms within each category, see our guide to ",{"type":30,"tag":126,"props":2281,"children":2282},{"href":493},[2283],{"type":35,"value":496},{"type":35,"value":362},{"type":30,"tag":38,"props":2286,"children":2288},{"id":2287},"questions-to-ask-a-launchpad-before-signing",[2289],{"type":35,"value":2290},"Questions to Ask a Launchpad Before Signing",{"type":30,"tag":31,"props":2292,"children":2293},{},[2294],{"type":35,"value":2295},"Run every shortlisted launchpad through the same set of questions. A platform that can't answer these clearly is telling you something.",{"type":30,"tag":904,"props":2297,"children":2298},{},[2299,2304,2309,2314,2319,2324,2329,2334,2339,2344],{"type":30,"tag":259,"props":2300,"children":2301},{},[2302],{"type":35,"value":2303},"What happens to unsold allocation — does it return to the team, get burned, or get dumped on the market?",{"type":30,"tag":259,"props":2305,"children":2306},{},[2307],{"type":35,"value":2308},"What is the full cost once the token allocation is included, not just the advertised cash fee?",{"type":30,"tag":259,"props":2310,"children":2311},{},[2312],{"type":35,"value":2313},"Can you share holder-retention or post-launch trading behavior for the last several projects you've listed?",{"type":30,"tag":259,"props":2315,"children":2316},{},[2317],{"type":35,"value":2318},"What vesting and lockup mechanics does the sale contract actually enforce, versus what is a verbal or social commitment?",{"type":30,"tag":259,"props":2320,"children":2321},{},[2322],{"type":35,"value":2323},"Where does initial liquidity land, and how deep is it likely to be relative to the trading interest your launch will generate?",{"type":30,"tag":259,"props":2325,"children":2326},{},[2327],{"type":35,"value":2328},"What KYC, AML, and jurisdictional exclusions apply to your buyers, and do they match your actual investor base?",{"type":30,"tag":259,"props":2330,"children":2331},{},[2332],{"type":35,"value":2333},"Is the platform's own token allocation subject to a lockup, or can it be sold immediately after listing?",{"type":30,"tag":259,"props":2335,"children":2336},{},[2337],{"type":35,"value":2338},"Who owns market making and liquidity after the sale — does the platform arrange it, recommend a partner, or leave it to you entirely?",{"type":30,"tag":259,"props":2340,"children":2341},{},[2342],{"type":35,"value":2343},"What is the process if the sale is undersubscribed or oversubscribed?",{"type":30,"tag":259,"props":2345,"children":2346},{},[2347],{"type":35,"value":2348},"Can you speak directly with founders of two or three recent projects that launched through the platform?",{"type":30,"tag":38,"props":2350,"children":2352},{"id":2351},"mistakes-founders-make-choosing-a-launchpad",[2353],{"type":35,"value":2354},"Mistakes Founders Make Choosing a Launchpad",{"type":30,"tag":31,"props":2356,"children":2357},{},[2358,2363],{"type":30,"tag":58,"props":2359,"children":2360},{},[2361],{"type":35,"value":2362},"Chasing brand name over audience fit.",{"type":35,"value":2364}," A tier-1 exchange launchpad is not automatically right for an early-stage project. Applying before you have the traction to justify it wastes time, and if accepted, exposes an unfinished project to the harshest scrutiny in the market.",{"type":30,"tag":31,"props":2366,"children":2367},{},[2368,2373],{"type":30,"tag":58,"props":2369,"children":2370},{},[2371],{"type":35,"value":2372},"Judging launchpads by raise size instead of post-launch performance.",{"type":35,"value":2374}," How much capital a platform has raised historically says little about whether that capital stayed invested. Ask what happened to price and holder count in the weeks after each launch, not just at the moment the sale closed.",{"type":30,"tag":31,"props":2376,"children":2377},{},[2378,2383],{"type":30,"tag":58,"props":2379,"children":2380},{},[2381],{"type":35,"value":2382},"Underestimating token allocation as a cost.",{"type":35,"value":2384}," A cash fee is easy to compare across platforms. A token allocation to the launchpad is not — once it unlocks, it behaves like any other large holder's supply, creating sell pressure the founding team has to absorb.",{"type":30,"tag":31,"props":2386,"children":2387},{},[2388,2393,2395,2401],{"type":30,"tag":58,"props":2389,"children":2390},{},[2391],{"type":35,"value":2392},"Treating the launchpad as the finish line.",{"type":35,"value":2394}," This is the most common and most expensive mistake. A launchpad raises capital and creates a listing; it does not maintain a healthy market afterward. We cover what typically breaks in the days after a token goes live in our piece on ",{"type":30,"tag":126,"props":2396,"children":2398},{"href":2397},"/blog/why-tokens-fail-after-launch",[2399],{"type":35,"value":2400},"why tokens fail after launch",{"type":35,"value":362},{"type":30,"tag":31,"props":2403,"children":2404},{},[2405,2410],{"type":30,"tag":58,"props":2406,"children":2407},{},[2408],{"type":35,"value":2409},"Skipping reference checks.",{"type":35,"value":2411}," Founders rarely call teams that launched through a platform in the prior few months. A short conversation with a recent project often reveals more than any pitch deck the launchpad provides.",{"type":30,"tag":31,"props":2413,"children":2414},{},[2415,2420],{"type":30,"tag":58,"props":2416,"children":2417},{},[2418],{"type":35,"value":2419},"Running multiple sales without coordinating.",{"type":35,"value":2421}," Splitting a raise across several launchpads can fragment liquidity and unlock schedules in ways that are hard to unwind once trading opens.",{"type":30,"tag":38,"props":2423,"children":2425},{"id":2424},"the-part-after-the-launchpad-decides-whether-the-launch-worked",[2426],{"type":35,"value":2427},"The Part After the Launchpad Decides Whether the Launch Worked",{"type":30,"tag":31,"props":2429,"children":2430},{},[2431],{"type":35,"value":2432},"Even the best crypto launchpad only gets a project to the starting line. The moment a sale closes and trading opens, the token is exposed to the open market, and the liquidity that was adequate for the sale itself is rarely enough to absorb the trading interest a launch generates. Thin order books turn ordinary volatility into a chart that looks broken to the exact community the launchpad just helped build.",{"type":30,"tag":31,"props":2434,"children":2435},{},[2436],{"type":35,"value":2437},"This is why launchpad selection and liquidity planning should not be treated as separate decisions made months apart. At Fibonacci Capital, we work with token teams to line up market making and liquidity coverage before the launchpad's sale closes, so trading is orderly from the first minute rather than scrambling once the price has already whipsawed. A launch is only as good as the market that exists after it — the launchpad builds the crowd, but disciplined liquidity keeps that crowd from walking away in the first week.",{"type":30,"tag":38,"props":2439,"children":2441},{"id":2440},"which-launchpad-should-you-pick",[2442],{"type":35,"value":2443},"Which Launchpad Should You Pick",{"type":30,"tag":31,"props":2445,"children":2446},{},[2447],{"type":35,"value":2448},"Match the tier to your actual stage, not your ambition:",{"type":30,"tag":253,"props":2450,"children":2451},{},[2452,2462,2472,2482],{"type":30,"tag":259,"props":2453,"children":2454},{},[2455,2460],{"type":30,"tag":58,"props":2456,"children":2457},{},[2458],{"type":35,"value":2459},"Strong traction, sizable community, polished product",{"type":35,"value":2461}," — a tier-1 exchange launchpad, if you can absorb the higher cost and scrutiny. The reach and instant liquidity are hard to replicate elsewhere.",{"type":30,"tag":259,"props":2463,"children":2464},{},[2465,2470],{"type":30,"tag":58,"props":2466,"children":2467},{},[2468],{"type":35,"value":2469},"Growing project with a real but not yet massive community",{"type":35,"value":2471}," — a mid-tier IDO launchpad with a verifiable track record and genuine vetting, rather than stretching for a tier-1 slot prematurely.",{"type":30,"tag":259,"props":2473,"children":2474},{},[2475,2480],{"type":30,"tag":58,"props":2476,"children":2477},{},[2478],{"type":35,"value":2479},"Vertical- or region-specific project",{"type":35,"value":2481}," — a niche or regional launchpad aligned with that audience often delivers more engaged holders than a bigger, less targeted platform.",{"type":30,"tag":259,"props":2483,"children":2484},{},[2485,2490],{"type":30,"tag":58,"props":2486,"children":2487},{},[2488],{"type":35,"value":2489},"Decentralization-first narrative, or unwilling to give up a large token allocation",{"type":35,"value":2491}," — a community-driven, fair-launch platform, but budget your own team's time for the diligence, marketing, and liquidity work the platform won't do for you.",{"type":30,"tag":31,"props":2493,"children":2494},{},[2495,2497,2503],{"type":35,"value":2496},"Whichever tier fits, finalize your liquidity and market making plan alongside the launchpad decision, not after it. Our ",{"type":30,"tag":126,"props":2498,"children":2500},{"href":2499},"/blog/token-launch-checklist-2025",[2501],{"type":35,"value":2502},"token launch checklist",{"type":35,"value":2504}," walks through the full sequence from tokenomics to first-week trading.",{"type":30,"tag":31,"props":2506,"children":2507},{},[2508,2510,2515],{"type":35,"value":2509},"If you're evaluating launchpads and want to make sure liquidity is lined up before your sale closes, ",{"type":30,"tag":126,"props":2511,"children":2512},{"href":357},[2513],{"type":35,"value":2514},"get in touch with our team through PreTGE",{"type":35,"value":362},{"title":7,"searchDepth":364,"depth":364,"links":2517},[2518,2519,2520,2526,2527,2528,2529],{"id":1906,"depth":364,"text":1909},{"id":1922,"depth":364,"text":1925},{"id":2001,"depth":364,"text":2004,"children":2521},[2522,2523,2524,2525],{"id":2235,"depth":1011,"text":2028},{"id":2245,"depth":1011,"text":2033},{"id":2255,"depth":1011,"text":2258},{"id":2266,"depth":1011,"text":2269},{"id":2287,"depth":364,"text":2290},{"id":2351,"depth":364,"text":2354},{"id":2424,"depth":364,"text":2427},{"id":2440,"depth":364,"text":2443},"content:blog:best-crypto-launchpads-how-to-choose.md","blog/best-crypto-launchpads-how-to-choose.md","blog/best-crypto-launchpads-how-to-choose",1793236719334]