95% of crypto launchpads are straight-up scams.
Some extract more value than actual exploits.
Eventually dropping a full breakdown on how these platforms operate and why devs need to stay far away.
The launchpad meta is cooked. Most teams get rugged by the platforms meant to help them launch.
If you're building, do your due diligence. The predatory fee structures and token unlock games are designed to drain projects dry before they even hit the market.
More alpha coming on which platforms are actually legitimate vs which ones are just exit liquidity farms for insiders.