This morning, to better understand the changes in how modern Launchpad platforms operate, we need to consider some key points.

The biggest difference compared to traditional Launchpads lies in capital management. Instead of transferring funds directly to the project developers immediately, the new system locks funds in the form of on-chain liquidity. This means everything is publicly available on the blockchain, completely transparent, and can be verified by anyone.

This mechanism not only provides a layer of protection for investors but also sets a new standard for project accountability. When funds are locked as liquidity, they cannot be moved arbitrarily, significantly reducing the risk of rug pulls or other fraudulent actions.