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5 Token Launch Platforms to Consider

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TOKEN LAUNCH
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Token Launch platforms take away all the pain of designing tokens and developing smart contracts for ICOs. Thanks to the rise of UI/UX developers, you can create an ICO by simply choosing from drop-down menus. All of the token launch platforms reviewed below boast that you do not need to know to code to conduct your ICO.

This level of client-centricity is a welcome change in the ICO development phase which earlier stalled projects due to contract development issues. With time, that token launch platforms will begin to provide the level of customization expected by ICOs. The Blockchain space evolves rapidly and the route to success is paved with the number of your successful clients.

Review Metrics

I reviewed 5 token launch platforms and rated them according to the following metrics:

  1. UI/UX — 10 points
  2. Features — 10 points
  3. KYC integration — 10 points
  4. Pricing — 10 points

Without further ado, let’s see how the top token launch platforms fared.

#5 Polymath

Arguably the grand-daddy of token launch platforms, Polymath specializes in security tokens. While ICOs vs STOs is a debate for another article, I sit firmly on the fence, for now. The Polymath platform requires you to conduct all your transactions in POLY tokens (1 POLY = 0.0012 ETH at the time of writing). Their demand of 250 POLY to register the name on the Blockchain for 60 days was an instant downer. While I understand the costs involved, it still is a barrier that impedes reviewers such as myself.

After paying 250 POLY, I proceeded further and it was a breeze from here on. One feature that might be a roadblock down the line is their limitation to develop only ST20 tokens. The UI/UX is fairly simple and self-explanatory so kudos to that. The KYC integration is managed on the backend via specialized KYC providers which is a really great feature. The pricing structure is on the higher side which is mostly the norm for security token offerings.

Score:

UI/UX – 7

Features – 7

KYC Integration – 9

Pricing – 2

Total Score – 25

#4 Token Launcher

This platform is a hybrid model that enables quick customizations with the help of their development personnel. The only way to review them is by requesting a demo. The feature set is vast due to their unique feature of plug and play modules.

Token Launcher has a distinctive dashboard that presents information relevant to the person logged in. Therefore, the admin and the users are shown different screens. The platform has developed plug and play modules that add features such as support for different blockchains, token standards, and KYC automation.

The UI/UX has a distinct made-by-coders feel to it and needs a bit of a learning curve. The CRM integration is a nice addition and the pricing is the most attractive among all competitors.

Score:

UI/UX – 5

Features – 9

KYC Integration – 6

Pricing – 9

Total Score – 29

#3 Mycontract

Taking development to the extreme, XinFin has developed a hybrid blockchain – XDC to create dApps and ICOs for their clients. This frees them from the limitations of other token standards and unpredictable gas charges. This, however, comes with a rider – you must use their native tokens to develop your ICO. My Contract integrates with the Bancor protocol to accept over 100 cryptocurrencies. 

According to their demo (which you need to login to access), the platform allows you to create ERC20, ERC223, ERC721 compliant-tokens and allows for integration with several third-party modules. The pricing is structured attractively with complete transparency.

Score:

UI/UX – 5

Features – 9

KYC Integration – 7

Pricing – 7

Total Score – 28

#2 Token Get

With over 50 ICOs under its belt, Token Get has proved to be a commendable product time and again. It checks off all the requirements an ICO/STO might have with even SAFT  generation baked in. Their key strength is their marketing module which automates several activities such as airdrop management.

All these bells and whistles demand a premium therefore, it is priced on the higher side. That being said, the plethora of features make up for it.

Score:

UI/UX – 8

Features – 9

KYC Integration – 8

Pricing – 6

Total Score – 31

#1 Token Asia Platform

Easily the most user-friendly UI of all, Token Asia Platform is packed full of features. The team clearly spent time designing a platform that even the layperson could use so to speak. Kudos to the UI/UX team behind this.

It boasts multi-blockchain support, multi-currency acceptance, simplified token development, robust implementation tools, and user-friendly KYC module.

Priced reasonably, Token Asia Platform is an excellent choice for showing launching your token and showing your investors the process of doing so.

Score:

UI/UX – 10

Features – 9

KYC Integration – 8

Pricing – 7

Total Score – 34

Conclusion

Despite no clear regulatory pathways, token launcher platforms did a commendable job in finding the middle paths to simplify further the experience of conducting ICOs/STOs. Once the clouds clear on that front, we can expect to see further innovations and developments in this space with the arrival of new contenders that could unseat the current cream of the crop.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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