The DeFi and crypto sphere has been growing so fast in the Philippines because of Axie Infinity that new solutions and projects come up regularly. Since there are so many games with Axie Infinity dominating the crypto space, it can be difficult for crypto projects to become successful in treading the crypto space as the competition in crypto is so high. Binance has introduced crypto launchpads, so they can solve the issues that face startups and upcoming crypto projects. These launchpads allow any upcoming crypto project to attain its maximum potential to be adopted in the mainstream. There are generally many ways people can raise funds safely, including SHO, DYDO, IEO, STO, ICO, etc.
Launchpads assist new projects to attract the masses so that treading through the world of crypto will become easier for them. These platforms are similar to advertising pools as they help in garnering crowdfunds. Projects that get listed in launchpads have been vetted to protect the wealth of their investors.
Aside from that, entry barriers such as regulatory requirements and expenses are minimized because of launchpad projects. Even if there may be numerous crypto projects on the launchpad, only a few can provide excellent and trusted services. In this article, we will help you know how to choose the next Play to Earn game.
Play to Earn in the Philippines by checking out the new Crypto and DeFi projects at Binance Launchpad.
The token sale platform known as the Binance Launchpad has a design for publicly raising funds. Since Binance is currently the most famous crypto exchange platform, the launchpad services it provides effectively encourage any small project to grow.
The Binance launchpad contributed to the release of some of the best projects in DeFi that we are now experiencing. With Binance Launchpad, they have plans to launch at least one token every month. The Binance Launchpad now has FC Barcelona Fan Token, Beta Finance, Linear, Tokocrypto, and Coin98. The BNB token is the native currency used in the Binance Launchpad. Because of that, anyone or any project that participates in this needs to hold some BNB.
Because of the token launch platform Binance Launchpad, blockchain projects can get better reach and increase their funds throughout the crypto ecosystem. They do this by offering the tokens of a project to more than 13 million users. Because of the Binance platform, users have the chance to become included in projects that can potentially change the game.
Binance Launchpad is not just a platform that offers tokens, as it gives complete advisory service for every project, so they can benefit from the users' experience and insights. With this, projects can become more focused on essential things like increasing adoption and product development.
Like with any technology field, the blockchain system will always have worthwhile projects and ideas that people need to discover and nurture. Binance has an excellent track record of providing these projects with the needed support through their investment arm known as Binance Labs or the Launchpad. Binance Labs has supported more than a hundred projects for years.
How Binance Launchpad Works
Here is a well-defined guide on how you can participate in the token offerings from the Binance Launchpad projects. Take note that there are specific terms and requirements needed for contributing to token offerings.
- Complete your account verification on Binance to make sure that the token sales are made in compliance with the regulatory requirements in the jurisdictions of users.
- Check out the lined-up projects on Binance Launchpad.
- Review the details on the project page. Make sure that you do your research on this.
- After deciding if you will become included in the token sale, tap on the button, "Buy Now." It would depend on the terms of the token sale as you can use cryptos like Binance Coin (BNB), Ethereum, Bitcoin, and more.
Take note that every user may contribute a certain maximum amount for every round in the token sale which can vary from one project to another so that users will have a chance to become a part of every sale. A day before or on the day of the token sale, they will lock in the exchange rate, and the rates for every session will immediately get announced.
You can immediately get tokens. After the sale event of the token, respective tokens will be credited to the users' Binance accounts.
Make sure to work fast, as token sales work "first come, first-served." The first users who click on the "Buy Now" button can buy a specific amount of tokens for every project. The sale will go on until the total amount of the displayed token runs out on Binance Launchpad. When this happens, the users will no longer be able to contribute.
Take note that every project will be going through a rigorous review process for token listing. After this, when the tokens are unlocked, the users can either have the tokens withdrawn to their wallet or directly traded once they are listed.
Binance Launchpad's Importance to the Blockchain Ecosystem
Since Binance believes that blockchain technology has long-term potential, Binance recognizes its duty to move forward the whole ecosystem to encourage impactful projects every time they emerge. The Binance Launchpad significantly gives support to blockchain startups, so it can be easy for anyone to play to earn in the Philippines.
You can have so many options with the Binance ecosystem. If you have a product that would be attractive to the crypto community, the best crowdfunding method compared to other methods would be the Binance Launchpad.
Advantages
- Has a great history with the top DeFi projects such as Kava
- Because of the policies that Binance uses, they are indeed serious about investor safety.
- Since the platform is high profile, the new project will be able to access a broad community.
Become Aware of How You Can Play to Earn in the Philippines by checking out Binance Launchpad NOW.
Check out the upcoming Play-to-Earn crypto games at Binance Launchpad to discover more opportunities other than Axie Infinity. Since Binance has a significant trading volume, it can let anyone play to earn. Begin downloading Binance from Google Play or the Apple App Store NOW, so you can play, gain, and have fun from playing crypto games!