4 Important Launchpads for Participating in Top Sales

1) Echo

Co-founded by Blockchain OG Cobie, Echo provides infrastructure for compliant, self-hosted token sales through its tool, Sonar. Echo was developed with the mission to change market dynamics around crypto fundraising. The platform has since joined Coinbase, leveraging its resources to offer enhanced opportunities.

The platform has already been used for the MegaETH sale, with registration and KYC completed in Sonar. The mechanism works as follows:

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  Echo allows lead investors to create groups for sharing investments. Members can join these groups and opt to invest on the same terms as the lead investor on a deal-by-deal basis. Deal participants are consolidated into a single entity that invests in the target company. All investments are conducted on-chain using USDC.
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  Your investment is legally managed by Echo, not the lead investor. Echo utilizes smart contracts for asset ownership claims, ensuring the lead investor never has access to your USDC or subsequent investment. For any token investment, you retain full control over when you sell your tokens.
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  Issuers can configure filters for KYC, accreditation, and jurisdiction.
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  Deposits earn weighted allocations, as demonstrated in Plasma’s $50 million public sale, which concluded in under 48 hours with over 12,000 participants.
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  Participation is available in both public and private rounds:

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    Private round: https://echo.xyz/investor/private-groups.html
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    Public rounds: KYC is required in Sonar – https://echo.xyz/investor/sonar.html

2) Legion

Legion has developed a merit-based fundraising system that prioritizes genuine participation over speculation. The platform aims to reward users for their on-chain credibility and activity.

An account has already been created on Legion for the Yieldbasis sale. The mechanism operates as follows:

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  Each user earns a Legion Score based on their on-chain credibility and activity.
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  Projects distribute allocations based on merit while adhering to MiCA compliance.
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  Legion combines exchange-level compliance with on-chain reputation.

To participate in any sale on Legion, KYC completion is mandatory.

3. MetaDAO

MetaDAO applies a governance model called futarchy, where markets determine the allocation of raised funds. This platform is owned by Paradigm Ventures.

The mechanism for MetaDAO is as follows:

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  Anyone can participate over a four-day period. If the minimum raise is not met, all funds are returned to participants.
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  Funds are held in DAO vaults, and spending requires approval from a prediction market. The team receives a monthly budget for development and growth. Larger expenditures and new token issuance require governance approval.
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  Backers trade "yes" and "no" tokens to influence the success of proposals.
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  Revenue must legally flow back to the treasury, aligning tokenholders and teams effectively.
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  MetaDAO integrates fundraising and governance into a single system, ensuring aligned incentives from the outset.

Further details can be found here: https://docs.metadao.fi/how-launches-work/sale

4) Buidlpad

Buidlpad was created by former Binance leaders, establishing a solid foundation for its operations. Notably, Binance has since listed all projects that have launched on Buidlpad.

Participation in Buidlpad has already been established through the Sahara Labs token sale. The mechanism includes:

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  Users stake tokens or complete campaigns to earn allocation tiers.
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  KYC and anti-Sybil checks are implemented to ensure genuine participation.