The launchpad meta is heating up.
- Unicorn by $VIRTUAL
- Cakepad by $CAKE
- Kaito Launchpad by $KAITO
Here's an edge on how to win.
🧵
II. "Oh, launchpads are similar to ICOs, right?"
No, unlike ICOs, today's launchpads emphasize transparency, fairness, and long-term ecosystem alignment.
Let's dive into this meta starting with @virtuals_io.
III. Unicorn by @virtuals_io launched in October 2024 on @base, replacing the Genesis model with key features as follows:
- Mechanism: Linear capital formation tied to valuation milestones ($2M to $160M FDV). Phases include creation, early trading (open market from Day 1), and team allocation disclosure. Anti-sniper decaying tax (99% to 1%) curbs bots. Full refunds if raise goals fail.
IV.
- Token Allocation: 5% of each launch’s supply airdropped (2% to $VIRTUAL stakers, 3% to Virgens).
- Eligibility: Open to all (no points, pledges, or caps). 24-hour fair bidding rewards early conviction and holding.
V. Over 17,000 AI agents were launched by Feb 2025. Notable projects include @aixbt_agent (Nov 2024, meme-focused AI agent) and @luna_virtuals (first official sale).
"What about @PancakeSwap?"
VI. They rebranded its Initial Farm Offerings (IFOs) to Cakepad as part of CAKE Tokenomics 3.0.
- Mechanism: Commit CAKE during a sale window, claim tokens post-event. No staking or lock-ups; you need to pay a participation fee. Oversubscription triggers tiered tax for fairness.
VII.
- Token Allocation: It's based on CAKE committed; higher commitments face higher taxes to balance access.
- Eligibility: Open to CAKE holders. No KYC or accreditation needed.
- Unique Aspects: 100% of fees burned, reducing CAKE supply for deflationary benefits.
VIII. FYI: I posted a thread on @PancakeSwap just yesterday.
"Did Cakepad have any sales yet?"
No, but the first batch is expected soon.
IX. Then, there's @KaitoAI, whose phases include pre-pledging (project terms set), pledging (USDC commitments), review (AI-scored allocations), preferred acceptance, and FCFS for leftovers.
"Hmm..."
XI. Also, there are launchpads from @CreatorBid, @TrustWallet, and 2 independent ones like @buidlpad and @legiondotcc (last sales were crazy on both).
XII. ICOs were often speculative free-for-alls, lacking accountability. Many projects failed to deliver.
Launchpads mitigate this with refunds, vesting, and community incentives.
XIII. They align incentives (e.g., VIRTUAL airdrops, CAKE burns, KAITO's redistribution), fostering long-term engagement.
ICOs prioritized quick raises, often neglecting tokenomics.
:)
Bois, what's your take on launchpads?
@splinter0n @0xDefiLeo @the_smart_ape @0xCheeezzyyyy @DOLAK1NG @YashasEdu @0xAndrewMoh @eli5_defi @_SmokinTed @RubiksWeb3hub @kenodnb @rektonomist_
18.28K
47
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.