Connect with us

Blogs

5 Token Launch Platforms to Consider

Published

on

TOKEN LAUNCH
READ LATER - DOWNLOAD THIS POST AS PDF

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.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

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.

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

Published

on

Bitcoin crash
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

Continue Reading

Altcoins

Top 3 Coins to Buy Before They Go Big

Published

on

coins
READ LATER - DOWNLOAD THIS POST AS PDF

Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

Continue Reading

Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

Published

on

crypto credit cards
READ LATER - DOWNLOAD THIS POST AS PDF

It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

Continue Reading

Elite