Overview
WingRiders Launchpad is a fundraising platform that lets new Cardano projects sell their tokens to the public and lets supporters buy in early. A project sets its own goals, price, and timing, the community contributes funds during an open window, and the tool handles everything from collecting money to handing out tokens. It runs entirely through automated on-chain programs, so no company holds anyone's funds along the way1.
Built by the team behind the WingRiders exchange, the launchpad is a separate product from that exchange: the exchange is for trading tokens that already exist, while WingRiders Launchpad is for raising money and issuing a brand-new token2. When a raise succeeds, the platform automatically opens a trading market for the new token so people can buy and sell it right away1.
Key Features
- Self-service launches. Any project can set up its own raise, choosing how much to raise, how long the window stays open, the token price, and any access tiers. Once a launch starts, those settings are locked in and cannot be quietly changed3.
- No middleman holding your money. Contributions sit in automated on-chain programs rather than a company wallet, and you can add to or fully withdraw your contribution at any point before the window closes1.
- Anti-rug liquidity locking. A share of the money raised is locked into the new token's trading market for at least six months, which stops a project from instantly pulling the funds and walking away1.
- Early-access tiers. Projects can offer a public tier plus up to three tiers gated by holding a specific NFT, giving committed community members a head start before the general public3.
- Automatic market opening. When a raise ends successfully, the platform distributes the tokens and opens a trading pool on the WingRiders exchange on its own, so buyers can trade the new token without waiting on the project3.
What to Expect
You start by connecting a Cardano wallet, with most popular options supported. From there you browse active launches, pick one, and choose how much to contribute. You can top up or pull out your full contribution any time before the window ends, and a short validity setting helps your transaction land even when the network is busy3.
After a launch closes successfully, you claim your tokens through the platform. Distribution can take anywhere from minutes to a few hours depending on how many people joined, and the trading market only opens once everyone's tokens are assigned3. If a launch fails to hit its minimum, the platform lets every contributor reclaim their funds3.
Two things worth knowing before you join. Participation is blocked for people in the United States, Canada, and Russia, and some projects may ask you to verify your identity4. WingRiders Launchpad has hosted real raises, including the Orcfax and TheADA token launches, while at least one other launch did not reach its goal and was refunded5.
