A crypto launchpad works by connecting projects with investors interested in their tokens, as well as providing the necessary infrastructure and support to facilitate successful token launches. It acts as a decentralized VC, allowing venture capitalists and institutional investors to gain access to early stage tokens, while at the same time allowing retail investors and crypto enthusiasts to access the newest projects in the crypto world.
Crypto launchpads provide an easy and secure way for investors to get involved with projects, with customizable transactions and verifications for new users.
You can also think of it as a crypto address where fans of Youtube streamers can send crypto plus with the pleasant bonus of getting your money back with a few multipliers.