# RUJI Launchpad - Token Launchpad

**Q: What is RUJI Launchpad?**\
RUJI Launchpad is where ideas meet capital. It gives you early access to new crypto projects raising funds for growth by letting you take part in their token launch. You can support your favorite projects and benefit like a venture capitalist\*.

You can access it here: \[coming soon]

For more details, visit the RUJI Launchpad [docs](/core-products/ruji-launchpad.md).

*\*Venture capitalist: someone who invests early in new projects hoping for long-term growth.*

**Q: What makes RUJI Launchpad different?**\
RUJI Launchpad is more than a place to buy tokens. It gives projects a complete set of tools for every stage, from early fundraising to token generation events (TGE)\* and later growth rounds.\
\
The first product being released is the Launchpad, with additional products to be developed later.

*\*TGE (Token Generation Event): when a new project officially creates and distributes its token.*

**Q: How can I join a token launch?**\
When a sale is live, you can place bids at your chosen price.

Each sale has:

* A Token Price (the highest price)
* A Max Discounted Price (the lowest price)

Between those two, there are small price steps called Silos. For example, if the token price is 1.00 USDC and the max discount is 30%, there will be 30 silos ranging from 1.00 USDC down to 0.70 USDC.

When the sale ends, tokens are distributed starting with the highest bids and moving down through the silos until all tokens are allocated. Bids that receive tokens are called qualifying bids. If your bid doesn’t qualify, you can retrieve your funds and use them for future launches or anything else.

**Q: Can I launch my own token?**\
Yes. Anyone can create a sale without needing to code. You just need enough funds to pay a small deposit (to filter spam) and the cost of a few on-chain transactions. It is important to note that each address can only create one sale.

While using the launchpad is permissionless, you will need to sell the entire supply you allocate to the public launch and raise a minimum value of $1,000 to be able to complete your sale. This is to help filter spam projects that are not able to build a convincing case for potential investors, or prevent legit projects from not raising enough to be in a position to deliver on their plans.

**Q: Are tokens on RUJI Launchpad screened?**\
No. Launching is permissionless, which means anyone can start a token sale. You are responsible for doing your own research to decide whether a project is legitimate and worth supporting.

The Rujira team may also choose to participate in a sale at their own discretion. This is not an endorsement, and users should always make their own decisions about whether to take part.


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