What is an ICO platform?
An ICO platform is a service that lets users join early token sales through a defined flow for registration, qualification, allocation, funding, and claim. The platform handles the mechanics of the sale, including access rules, fund collection, and token distribution, while the project sets the price and terms.
What is the difference between an ICO platform and an IEO platform?
An ICO platform runs token sales outside a centralized exchange order book, usually through its own portal and wallet flow. An IEO platform runs the sale through a centralized exchange account and settlement flow, which means the exchange handles KYC, custody, and distribution, and you typically need an account on that exchange to participate.
Are ICO platforms still worth using in 2026?
Yes, but only a small group still offers credible public-sale access. Many older names now have thin activity, weak sale cadence, or category drift. The platforms that still matter in 2026 tend to have consistent recent deal flow and clear participation mechanics rather than just a well-known name from an earlier cycle.
Does CoinList still run ICO-style token sales?
Yes. CoinList still runs public token sales, but eligibility, funding method, allocation rules, and unlock terms can change from one sale to the next. Users need to check each individual sale page rather than assuming the same rules apply across the board.
Does Legion require KYC to participate?
Yes, Legion requires KYC for launchpad participation. Users can create an account first, but token-sale access still requires identity checks and sale-specific qualification. Legion Score also factors into who receives allocation and at what size, so a verified account alone does not guarantee a spot.
Does ChainGPT Pad support Solana launches?
Yes. It supports Solana alongside a broader multi-chain stack, though some Solana campaigns still require separate wallet setup from the user's EVM wallet. Users planning to join a Solana pool should link a compatible Solana wallet before the sale opens, since adding it mid-campaign can cause access issues.
Is Polkastarter still worth using for token sales?
It can be, but mainly for users who are already comfortable with allowlists, wallet-based participation, and POLS Power requirements. Users who do not already hold POLS or have not used the allowlist system before should factor in the setup time and capital cost of getting up to the minimum qualification threshold.
Is Binance Launchpad an ICO platform or an IEO platform?
It is an IEO platform. Token access runs through the Binance exchange rather than through an independent public-sale portal. Participation requires a Binance account, and allocation is usually based on BNB holdings averaged over a snapshot period rather than a separate staking or scoring system.
Do ICO platforms require staking or pre-funding?
Many do. Some require only sale funds, while others require staking, pre-funding, or both before allocation is known. The capital drag from staking a platform token before a sale even opens is often larger than the visible fee, especially if the staked position carries a lock period that overlaps with the sale window.
How do ICO allocations usually work?
They usually use one or more of these models: tiered allocation, lottery, allowlist selection, merit scoring, auction, or FCFS. Most platforms combine at least two of these, for example running a guaranteed round for top-tier stakers and then opening a FCFS round for remaining supply.
What does FCFS mean on Polkastarter?
It means first-come, first-served. Once that round opens, users need to act quickly because remaining allocation can disappear fast. Gas spikes during high-demand opens can also slow transactions, so having a funded wallet ready before the window opens matters.
When can I sell tokens after an ICO?
Only after the token is transferable and listed, and only to the extent your allocation is unlocked. TGE does not always mean full liquidity. Many sales include a partial unlock at TGE with the remainder released over months, so the amount you can actually sell on day one is often a fraction of your total allocation.