Launchpad
A platform that helps a new project issue and sell its token, handling the sale mechanics, liquidity, and distribution. In DeAI, launchpads increasingly mint a token for each AI agent or sub-project.
Also known as: token launchpad
A launchpad is the machinery for getting a new token from “idea” to “tradable” without the team building the sale, the liquidity pool, and the distribution logic from scratch. The launchpad provides a template: set the supply, the price or auction format, the vesting, and the launchpad handles the sale and seeds an initial market. Fjord Foundry, used for the OpenServ sale, is one example; chains like Solana have spawned dozens via the pump.fun model.
In DeAI the pattern has mutated. Agent platforms now embed a launchpad so that each AI agent or project built on the platform can mint its own token, with the platform’s base token sitting underneath as the pair or the fee sink. That turns the launchpad into an engine for spinning up many small tokens fast, which is good for activity and bad for signal: a long list of launchpad tokens can look like a thriving ecosystem while being a handful of sub-million-dollar tickers with no users.
The OYM read on launchpad tokens is to treat the count as marketing until proven otherwise. The questions that matter are who holds the tokens, whether anything trades, and whether the projects behind them ship. A launchpad lowers the cost of issuing a token to near zero, so the existence of many tokens tells you the launchpad works, not that the projects do.