Is ICO back? 5 Popular Launchpad Interpretations Coinbase splurged $375 million to acquire @ echodotxyz, doubling the returns on multiple Launchpads by subscribing to short positions and new listings. So here comes the question...: Which platforms are worth participating in? Can ordinary users still make new purchases? Is KYC and threshold high? ⭐ 1 Echo @echodotxyz Cobie's self hosted distribution platform has incubated high ROI projects such as Plasma. Participation Method/KYC Requirements/Difficulty of Newlisting: -Complete KYC or eID authentication -The eligibility for participation will be announced before the project is released -The public offering through Sonar is oversubscribed. -The difficulty of creating a new account is relatively high. It is recommended to have eID certification and the location meets the participation requirements. ⭐ 2 Buidlpad @buidlpad Founded by the former head of Binance Launchpad, it focuses on providing a transparent channel for compliant retail investors to open new accounts, with an average over fundraising of over 14 times and high short-term returns. Participation Method/KYC Requirements/Difficulty of Newlisting: -Complete KYC registration and submit application during the subscription phase -Inject funds within the capital injection window, and refund proportionally if oversubscribed -Some projects adopt a "layered FDV" model, with lower early round valuations and better quotas. -The difficulty of creating new content is relatively high, with a huge number of applicants for popular projects and severe overages. It is necessary to prepare in advance. ⭐ 3 Legion @legiondotcc The first platform to integrate reputation rating mechanism with CEX issuance, determining subscription priority through Legion Score, achieving MiCA compliant "encrypted IPO". Participation Method/KYC Requirements/Difficulty of Newlisting: -Complete KYC registration -Establish a 'Legion Score' that links wallets, community contributions, social media interactions, recommendations/real name authentication. The higher the score, the better the allocation for participating in new projects. -The difficulty of creating new content is relatively high, and high scoring users have a clear advantage. ⭐ 4 MetaDAO @MetaDAOProject Led by Paradigm, it automatically places orders near the ICO price through an on chain vault, stabilizing early trading prices and enhancing the transparency and security of the offering. Participation Method/KYC Requirements/Difficulty of Newlisting: -Complete KYC registration -The usual mode is "submit USDC subscription+quota proportional refund" -The difficulty of creating new content is moderate, and there are many opportunities for early participation, making it suitable for users familiar with the Solana ecosystem. ⭐ ️ 5 Metaplex Genesis @metaplex Launched by Solana NFT infrastructure, the token issuance protocol focuses on small and medium-sized projects, with most subscriptions selling out within seconds to minutes. Participation Method/KYC Requirements/Difficulty of Newlisting: -Complete KYC registration -Mostly pre-sales, auctions, or community priority quotas, with varying experiences -The difficulty of creating new content depends on the project and the release model.