It is scary for many enthusiasts investing in new cryptocurrencies while seeing those numbers and the complexity of presales and ICOs one has to navigate. The question then becomes where to find reliable sources and how to get early on with those promising tokens.
This blog provides a guide on where to look for new cryptos and how to participate in pre-sales and ICOs effectively. It would be helpful to be familiar with how some tools work, namely ICOdrops.com, for one. Understand the different types of launchpad systems so that one can make informed decisions in investments and get returns on the assets.
Where To Find New Cryptos
So a super simple strategy for finding out how to buy almost any token early. Use the free site ICOdrops.com.Go to this site, click upcoming ICOs and you’ll see a list of almost every upcoming ICO in crypto.
What Are Initial Coin Offerings (ICOs)?
An Initial Coin Offering (ICO) is how new cryptocurrency projects raise funds, whereby their tokens offer early access to investors who want high returns. The importance of ICOs in the crypto space lies in the fact that they support innovation and help people make huge profits.
The site ICOdrops.com is the breakthrough through which you will find upcoming ICOs. Here, one can find information on new projects, launch dates, and participation details. The site is straightforward to navigate: simply click on “upcoming ICOs” to view a detailed list of future projects, then click through to individual ICOs for more information.
This is a really cool way to find upcoming ICOs you might not know about yet it gives you a nice list of projects to research. You can click on any one of these like Engines of Fury, for example, and up here, you will see the exact details on where it’s launching: ChainGPT.I’ll explain more about ChainGPT later. Now, If you know the specific project you’re looking for search for its name here. Again, click on the project, and right here you can see exactly how to buy early.
In this case, it’s a node sale, but this doesn’t show you how to buy early. Just where to buy.Because as you go through ICO drops, you will run into several different types of pre-sales. Let’s break down the most common ones and how you can participate.
What Are Launchpad Presales?
Launchpad Presalesthe first and most common are launchpads If you think you know launch pads, don’t skip to the next chapter because I guarantee I will share at least one launchpad you’ve never heard of that is 100% free. For those who don’t know, a launchpad is a platform that helps new projects raise funds by connecting them with investors. In this scenario, you are one of those investors if you use a launchpad.
And you get in cheaper than the actual listing price. A side benefit of launchpads is they also generate heaps of hype. Caught several 100x, 500x, and even 1000x returns on launchpads in 2021 since 2023 alone there have been a few huge launchpad launches. One is even close to a 1000x return. There is a site that allows you to check returns for any recent launchpad launches known as Cryptorank.io and shows you the launchpad on each crypto launched on.
Most launchpads have their own token and you need to hold a large amount of that token in order to invest in the new token launches. This puts it out of the reach of some people. For example, with the seedify launchpad, you need to hold USD500 FUND, which is worth just over $2,000 to participate in launches, and that only entitles you to around $25 of investor allocation in that launch. Now, after a few launches that do 10x, 20x, and maybe even 50x, even a mere $25 allocation is worth it, especially if you are lucky and you catch that one that does over 100x.
But not everyone has $2,000 to invest in a launchpad just for a chance at maybe getting a 100x return on $25.Don’t worry though, because in a minute I will share a new launchpad that requires no money, just a few quests. But first, let’s talk about another popular launchpad. DAO Maker, which has a tier system like Seedify.However, they also do public offerings where you don’t need to hold any of DaoMaker’s token $DAO.Instead, your wallet history is scanned, and if they see that a strong holder instead of a dumper, you get some allocation. You also need to hold around $2,500 of any token in your wallet which isn’t used.
It’s just to filter out bots otherwise, people create millions of wallets with bots to register for DAO Maker’s offerings. Yet another type of launchpad exists which works on a raffle system.10,000 people enter a raffle. A thousand are chosen for allocation and that’s it. Coinlist and Ape Terminal are examples of this. Finally, and most excitingly, a new type of launchpad is coming. It’s 100% free and rewards you for your hard work. Apex is launching soon and its system is simple.