Most Successful Binance Launchpad Projects

Binance is known not only for being the largest player in the crypto market but also for assisting many projects in raising funds for their further development through Binance Launchpad.

What Is a Crypto Launchpad?

A cryptocurrency launchpad is a fundraising platform where promising projects can get funding for their development. Usually, investors purchase a project’s tokens at a discounted price by paying in a popular cryptocurrency, such as Bitcoin or Ethereum.

Further, when the token of a selected project is listed on exchanges, and starts being traded, investors can sell it at the listing price. Normally, the token’s listing price is higher than the price offered through a launchpad, and thus, this difference generates a profit for early investors.

Another option for investors is to wait till the project starts increasing in popularity, the number of its users grows, and the demand for the token increases, too. Projects with potential are known for delivering multiple returns to their early investors. Binance Launchpad is known for picking the best projects to list, and some of them are already among the leaders in the world of crypto.

The most prominent are considered those projects that deliver the highest return for early investors. Among projects that were raising funds through Binance Launchpad, the most successful are the following.

Axie Infinity

Axie Infinity is one of the first play-to-earn games that gained worldwide fame during the COVID-19 pandemic. The token ICO ended in 2020, and since then, AXS multiplied the funds invested in it 1649 times. Even now, when the AXS price has declined, holding the token is still profitable, and in the future, its value may rise again.

Polygon (MATIC)

Polygon, one of the most known scaling solutions for Ethereum, also started its way into crypto with the help of Binance Launchpad.

The core component of Polygon is a modular flexible framework that enables the development of dApps. By using the network, one can develop optimistic rollups, ZK rollup chains, or any other type of infrastructure used by developers. Since its ICO on Binance Launchpad, MATIC has multiplied the returns of its investors 1110 times.

The Sandbox (SAND)

The Sandbox is a blockchain-based virtual world where users can do whatever they normally do in the real world: create, build, buy, and sell assets. The Sandbox is managed by a decentralized autonomous community and combines this management style with an NFT-based economy to deliver its users a superior experience.

Since its ICO in 2021, The Sandbox has multiplied the funds invested in it 1008 times.

MultiversX (EGLD)

MultiverseX is a scaling protocol that uses sharding technology to deliver superior speed of transaction confirmation. Its advanced technology for executing smart contracts allows to process over 15,000 transactions per second at almost no cost.

Electronic Gold (EGLD) is a token that allows one to participate in the ecosystem by paying the fees for network use.

Since its ICO in 2019, EGLD multiplied the early adopters’ investments 839 times.

StepN (GMT)

StepN is a so-called Web3 lifestyle application. It runs on the Solana blockchain and combines the P2E elements with the elements of a fitness application. Users can earn GMT, a StepN token while running, walking, or jogging.

This project has already motivated millions of people to change their lifestyles to healthier ones, and the project has multiplied the investments made during its ICO 411 times.

Conclusion

Finding a promising project that may end up in a success is not an easy task, and Binance Launchpad manages to do it. As you can see, all names have made waves in the crypto space, and more projects are coming! So, keep an eye on what is up to on the launchpad because the next project may be the next gem.