CoinMarketCap has officially unveiled the new LaunchPad for the Pre-Tge Crypto project, with a reach of 50 million users. The first feature project on the platform is Aster Dex, supported by YZI Labs.
According to a press release sent to crypto.news, CMC launch is a launchpad found within the crypto data platform. LaunchPad is designed to accommodate emerging projects in the crypto space that have not yet reached the token generation event stage.
It gives new projects exposed to an audience of over 70 million users each month, giving it the opportunity to grow the community and gain substantial market traction. You can access the launch of the CMC from the CoinmarketCap’s dedicated release page.
According to the statement, LaunchPad is equipped with qualification requirements built to ensure a strict selection process for the projects featured on the platform. Project developers are also expected to complete interactive quests that encourage deeper project expansion and facilitate the eligibility process for eligible wallets for airdrops.
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The first project to be featured at the CMC launch is a decentralized permanent exchange aster currently available in BNB Chains (BNB) and Arbitrum (ARB). Backed by YZI Labs, Aster, in partnership with PancakesWap (Cake), offers one-click trading with up to 1001x leverage via Simple Mode. Meanwhile, Pro Mode comes with advanced tools for more experienced traders.
Users can also earn rewards in the form of AU points when they exchange permanent things in PRO mode and when they build or hold certain assets such as ALP, USDF, and eligible LP tokens. With either option, traders can stack native token ASTs for future airdrop allocations. Additionally, Aster offers non-lawful transactions without the need for customer verification.
Rush, CEO of Coinmarketcap, said the CNC launch is intended to help lift new projects off the ground by connecting directly to potential users in Crypto space looking for the “next big one.”
“As the ‘home to Crypto’, we are excited to welcome Aster as our first CMC launch project and introduce it to the global community,” Rush said.
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