Launchpads and launch pools: two roads to Web3 adoption

cointelegraph.com:

Launchpads and launch pools are both great options for blockchain startups that want to hold a public token offering and secure decentralized funding. As a project founder, it’s important to understand the difference between launchpads and launch pools so that you can take advantage of both scenarios.

There are many similarities between launchpads and launch pools. Just like launchpads, launch pools carefully select up-and-coming projects that have a strong team and a promising growth trajectory. Most launchpads and launch pools thoroughly vet potential launches and also require investors to complete a KYC process before participating.

This is where the different platforms start to diverge. Launch pools take some of the best aspects of crypto launchpads and make them more scalable and easy to use. While launchpads typically spotlight a single project at a time, launch pools are able to host several launches at once. Since launch pools can also have a lower minimum investment threshold, users can easily gain exposure to a more diverse range of new tokens.

There are also key differences in the way that launchpads and launch pools distribute public sale tokens. Instead of focusing on lottery sales with tier-based ticket allocations, launch pools can also offer direct access through other mechanisms such as staking. 

Why do platforms offer both a launchpad and a launch pool? Let’s take a look at three reasons why launch pools have emerged as a viable alternative to launchpads. 

Launch pools typically reduce the entry barriers for both projects and investors. For projects, it’s generally more straightforward to get hosted on a launch pool than a launchpad. For investors, launch pools only require users to start staking in the pool