Here’s How You Can Take Advantage of the Bear Market by Harnessing the Power of Launchpads

There’s no denying the fact that the crypto market has been gripped by an immense amount of bearish pressure in recent months, as is best highlighted by the fact that since November 2021, the total market capitalization of this fast evolving sector has dipped from $3T to approx. $950B, representing a loss ratio of nearly -70%.

However, it would be wrong to say that the digital asset industry is the only one suffering at the moment since a closer look at the global macroeconomic landscape shows that the equities market (i.e. stocks), commodities sector, etc are also bleeding heavily at the moment. To this point, experts are warning people of a looming global recession in the near term, thus affirming that this is not a crypto-centric problem, especially since inflation levels are currently at their multi-decade high’s across countries in Europe, North America, Asia.

That said, when compared to traditional markets, the crypto industry is still full of projects offering an unparalleled level of monetary potential, especially within the Web3 arena. To put things into perspective how big this sector has truly become within a short amount of time, the total capital locked within the decentralized finance (DeFi) arena alone has grown from a respectable $2.5B to its current valuation of over $75B since July 2020 Similarly, the metaverse, a hypothetical iteration of the internet where everything exists in an immersive virtual environment, is projected to become worth $1.6T by 2030, growing at a compound annual growth rate (CAGR) of 50.74%.

Are launchpads the way to go for investors?

While the economy is currently in a state of turmoil, a growing number of investors are beginning to realize that there is a host of exciting, untapped Web3 projects that have the potential to reap massive financial rewards in the near-to-mid term. This is exactly why crypto launchpads have been garnering a growing amount of mainstream traction in recent months.

In essence, launchpads are platforms that allow their users to source promising projects before they become more widely known or available to the masses. The reason they are becoming increasingly popular is that in addition to helping increase the adoption rate of blockchain-centric technologies they also allow investors to maximize their returns — primarily by providing them seamless access to different rapidly maturing tech niches such as DeFi, GameFi and the metaverse.

One of the core advantages that launchpads provide (as compared to avenues like Initial Coin Offerings) is that they conduct in-depth due diligence processes on behalf of their clients, thus providing investors with a high degree of financial safety and peace of mind in regard to the projects they might be investing in. UpLift DAO is one such platform, providing users with a permissionless, fully decentralized ecosystem replete with opportunities to incubate, launch, and accelerate projects operating within the growing DeFi market.

From short-to-long term gain prospects, UpLift allows investors to involve themselves through the entirety of a project’s life cycle, i.e. from its inception to its release (and beyond). Not only that, the launchpad’s community makes sure that all incubated projects are able to grow in a sustainable, long term manner by scrutinizing their fundamentals.

Another key aspect of UpLift is that its barrier to entry is extremely low, allowing investors with access to low capital to benefit from the fast growing Web3 universe. For example, in order to start investing in projects listed on the platform, users are required to stake just 100 Lift tokens — the native cryptocurrency of the UpLift ecosystem — which, at current rates, is approx. $4.

Some other core advantages of UpLift include its use of a DAO (decentralized autonomous organization) governance setup. As a result, participants are provided with the right to propose as well as introduce only those projects they deem worthy of supporting. Lastly, UpLift’s backing community is distributed across a total of 80 countries with the launchpad being cross-chain compatible, i.e. it is able to support projects’ tokens on any platform.

Bear markets are perfect opportunities to ‘buy the dip’

As the crypto market continues to be faced with increasing volatility and long term uncertainty, the fact of the matter remains that this sector is no longer just a space riddled with scams but rather a burgeoning industry replete with innovative solutions that have the potential to completely revamp the global economic landscape. Thus, as we head into an increasingly decentralized future, it will be interesting to see how launchpads continue to help investors — from the crypto as well as trad-fi economy — enter this burgeoning industry.