Binance Launchpad: Unveiling New Projects
Exclusive Token Launch Platform
Binance Launchpad is a token launch platform dedicated to Binance. The leading exchange Commission company plans to use the launchpad to infer users about the new token launch. The launch has helped inform users about tokens such as Fetch.AI and BitTorrent.
The Binance Launchpad token launch platform assists blockchain projects in raising funds and boosting their reach in the cryptocurrency marketplace. Binance does this by offering a project’s token to Binance Users. The introduction of this platform grants users the opportunity to be part of new-age projects with high potential.
There’s so much more to Binance Launchpad than offering tokens. It has full advisory service for projects which add to experience, knowledge, and insights. This is an advantageous move that ensures projects can focus efforts on building adoption and developing products.
When it comes to technological projects, there are numerous promising ideas that are yet to be discovered, and the same applies to blockchain projects. Binance has shown that it can support projects through launchpad or Binance Labs (an investment extension of Binance) and Binance itself. TravelbyBit and Trust Wallet have benefited from this.
BitTorrent and Fetch.AI are two projects that have benefited from the Binance Launchpad setup
BitTorrent is a Tron-based blockchain project for file sharing. The backdrop of this project is to provide a suitable means for content creators to share their content in a secure and safe environment easily. Sharing can be done directly through the Web. With the new BitTorrent token, users can incentivize their activities this sharing their content faster and better. This integration of ”BitTorrent peer-to-peer network and the TRON blockchain network via a set of BitTorrent protocol extensions, a custom token, and an in-client token economy” will benefit millions of users across more than 100 countries in the world.
On the other hand, Fetch.AI is an AI-focused decentralized network such that activities are carried out by Autonomous Economic Agents. These agents do not require human actions and are self-sustaining. The project finds its application in transportation, hospitality, energy, and so on.
More product offerings are expected in Binance Launchpad in the coming months.