fieldengineer

The crypto launchpad is a centralized platform that facilitates the emergence of cryptocurrency and blockchain startups. The Launchpad platform catalyzes crypto projects to succeed in the crypto realm streamlining the fundraising process. Recently, businesses have preferred crypto launchpad development on layer 2 blockchains owing to certain bottlenecks in layer 1. The deployment of crypto launchpads in layer 2 offers a wide range of benefits which are listed below. 

• Scalability

• Faster transaction speeds

• Low transaction cost

• Interoperability

• Security 

• Seamless user experience

This transition from layer 1 to layer 2 was due to the high transaction costs, scalability, and security. The deployment of layer 2 blockchain will bring potential opportunities for businesses and users. Businesses who are striving to enter the crypto space launch crypto launchpads by availing the white label crypto launchpad solutions which are pre-fabricated and can be customized according to user needs.