What is a Launchpool fundraising platform?

A Launchpool is a crypto fundraising platform where users stake digital assets, such as BNB or USDT, to earn new tokens from early-stage projects, supporting startups while generating passive income. It provides liquidity to projects and rewards stakers with tokens proportional to their stake.

How does Launchpool staking differ from traditional staking?

Launchpool staking allows users to earn new project tokens with no minimum deposit and flexible withdrawal options, unlike traditional staking, which often has high minimums (e.g., Ethereumâs 32 ETH requirement) and lock-up periods that restrict liquidity. Launchpools prioritize accessibility and early token access.

What are the benefits of developing a Launchpool platform?

Benefits include attracting crypto investors, fostering community engagement through token rewards, and providing startups with early-stage funding. Launchpools also enhance platform credibility by vetting projects, reducing fraud risks, and offering high APYs for stakers.

Is KYC mandatory for Launchpool platforms?

Yes, KYC is typically mandatory to verify user identities and prevent fraud or money laundering, requiring documents like passports or government-issued IDs. Platforms like Binance and Bybit enforce KYC to ensure compliance and enhance security.

How long does it take to develop a Launchpool platform?

Development timelines vary based on features, integrations, and complexity, but a robust Launchpool platform can typically be built in 3-6 months. This includes designing staking mechanisms, smart contracts, and security audits.

Can I earn passive income with Launchpool?

Yes, Launchpool staking allows users to earn new tokens as passive income, calculated hourly or daily based on their staked assetsâ proportion in the pool. High APYs and flexible withdrawals make it an attractive option for passive income in 2025.