Presale and ICO · Explainer
How to Get Funding and Accelerate a Blockchain Project With Velas in 2026
Velas runs VelasPad, a launchpad and incubator for projects building on the Velas ecosystem. This guide explains how that kind of program typically works, what teams should prepare before applying, and how to judge token sales and other funding routes before committing money or time.
By the DappsAtlas editorial team · Updated

What Velas offers builders in 2026
Velas describes itself as an EVM-compatible blockchain focused on fast, low-cost transactions. Its public materials point to a consensus design it calls AI-enhanced Delegated Proof of Stake, and to an ecosystem of decentralized products built on the network. Velas has also reported bridging activity to other chains, including an extension of cross-chain transfers to Avalanche in March 2024.
For a project team, the practical question is whether the network's tools and community make it easier to raise money and grow than other options. That depends on your product, your users and where they already transact. An EVM-compatible chain means many Ethereum development tools and contract patterns can be reused, which lowers the cost of building there.
The ecosystem-facing side of Velas includes VelasPad, which the official listing describes as a launchpad and incubator for projects building on Velas. Its stated purpose is to fund and accelerate promising teams. Read the current VelasPad terms directly before drawing conclusions, because program details, supported projects and token mechanics can change between sale rounds.
The rest of this guide treats Velas as one possible base for a project. It does not assume that building on Velas will produce funding or growth. It shows how to assess the offer and prepare a strong application regardless of which chain you choose.
How a launchpad and incubator program usually works
Launchpads and incubators are usually separate functions, and some programs combine them. A launchpad typically runs token sales, where approved projects offer tokens to a group of participants. An incubator typically offers mentoring, technical review, marketing help and introductions to partners.
In general, a launchpad process has several stages:
- Application. The team submits its project details, team background and token plan.
- Review. The program assesses the product, the market, the token design and the team's ability to deliver.
- Terms agreement. Accepted projects agree on sale size, price, allocation rules, vesting and any obligations to the program.
- Sale. Participants buy tokens under the published rules.
- Listing and aftercare. The token becomes tradable, liquidity is provided and the project continues its roadmap.
An incubator-style track may run alongside this, offering milestones, technical support or promotion before and after the sale.
Velas's public description of VelasPad emphasises projects building on its ecosystem. Ask the program which stages it covers, what it charges or retains, and what support it provides between stages. A clear written answer to each question is more useful than a general promise of help.
Who this kind of program suits
Not every project benefits from a token sale. Before applying to any launchpad, decide whether you need a token at all. Some products raise money more sensibly through equity, grants, revenue or a smaller private round, and a token can add legal and governance obligations.
A good fit usually has:
- A working product or a prototype that users can test
- A clear use for the token, such as access, governance or fee discounts, that does not rely on price speculation
- A team that can explain its roadmap and budget in plain language
- An existing community or a credible plan to reach users
- A realistic timeline, with runway that covers development after the sale
A weaker fit usually has a slide deck without code, a token with no function beyond fundraising, or a plan that depends on listing prices to pay salaries. Reviewers see these patterns often, and so do participants.
If your project is early, consider spending the next few months on a testnet, user research or a small pilot. Those steps produce evidence that makes any later application stronger, and they reduce the risk of raising money before you know what you are building.
How to prepare a strong application
A launchpad review checks whether your team can be trusted to deliver. Prepare the following before you apply:
- Team verification. Publish real names and roles where you can, with a way for reviewers to confirm identities. Anonymous teams face a much harder review.
- Product documentation. Explain the problem, the solution, the target users and the current status in a document a non-specialist can follow.
- Technical materials. Provide the architecture, the smart contract source code or repository, and the testing you have done.
- Security review. Arrange an independent audit of any token or contract code, and be ready to share the report and the fixes you made.
- Tokenomics. Show total supply, allocation to team, investors, community and treasury, plus the vesting schedule for each group.
- Budget and roadmap. Explain how the raised funds will be spent, over what period, and which milestones they will reach.
- Legal and compliance notes. Describe the jurisdictions you plan to sell to and the advice you have taken.
Keep every figure consistent across documents. Inconsistent supply numbers, shifting dates or unexplained allocations are common reasons for rejection and damage trust with participants.
Write as if a sceptical reader will check every claim. Avoid promotional language, and do not promise returns or listing prices. Clear, modest claims that you can back up will serve you better than ambitious claims that reviewers cannot verify.
Understanding token sale terms
Token sale terms determine who gets tokens, when they can sell them and how much supply reaches the market at launch. Understanding these terms is essential before you accept an offer or buy into a sale.
Common terms include:
- Sale price and allocation. The price per token and the maximum amount each participant can buy, sometimes set by tiers or by holding a qualifying token.
- Vesting. Tokens released over time rather than all at once, often for team and investor allocations.
- Cliff. A period before any vesting begins.
- Liquidity lock. Locking the liquidity pool tokens for a set period so the team cannot withdraw the pool without notice.
- Refund conditions. Whether money can be returned if the sale does not reach its target or if the project fails to deliver.
For project teams, the same terms determine how much control you keep. Be sure you understand any obligation to hold, lock or buy back tokens, and whether the program takes a share of raised funds or future tokens.
Lock and vesting tools exist on several chains. A token locker such as Team Finance is one example of a non-custodial platform that lets projects lock liquidity and team tokens and set up vesting schedules. Using a locker is a visible way to show commitment, but a lock only helps if its terms are published and checked.
Other ways to fund a blockchain project
A token sale is not the only way to fund a blockchain project, and it is rarely the simplest. Consider these routes alongside or before a launchpad:
- Grants. Ecosystem grant programmes fund development work, often in milestones. They usually do not require you to issue tokens to the public.
- Venture or angel investment. Equity or SAFE-style agreements can fund a team without a public sale, but they bring governance and reporting duties.
- Revenue. A product that charges fees for a useful service can fund its own development, especially in early stages.
- Community funding. Some teams raise small amounts from users in return for early access or product credits, though this still needs legal review.
- Strategic partnerships. Integrations with established protocols can bring users and sometimes financial support.
Each route has trade-offs in control, speed and compliance. Grants may come with reporting requirements. Equity can dilute founders. Revenue takes time. Compare the options against your runway and goals.
Whatever route you choose, keep a simple financial model and update it monthly. Investors and programs will ask for it, and it will tell you early when the plan no longer works.
How to evaluate a token sale safely
Participants in token sales and launchpad rounds face real risks, and many of them are avoidable with careful checks. Use this list to assess any sale, whether it runs on Velas or elsewhere:
- Official sources only. Confirm the sale address, website and social accounts from official channels. Be wary of messages, links or posts that pressure you to act quickly.
- Read the contract. Check token supply, owner permissions, minting functions and any ability to pause or blacklist wallets.
- Check the audit. Read the audit report yourself, not just the summary, and see whether the issues found were fixed.
- Verify the team. Look for consistent public identities, past work and independent references.
- Understand vesting and unlocks. Know when large token groups can sell.
- Size your position. Only commit an amount you could lose entirely.
- Protect your keys. Never share a seed phrase or private key, and never approve unlimited token spending for an unknown contract.
If an offer promises guaranteed returns, fixed listing prices or urgent deadlines with no documentation, treat it as a warning sign. Legitimate programs publish their rules and let you take time to read them.
This guide is general information, not investment advice. Token sales are high risk, and prices can fall sharply or fall to zero.
Building and launching on Velas after funding
A project that raises funds on Velas will eventually need users, liquidity and integrations. Velas has reported cross-chain bridging work, including an extension to Avalanche in March 2024, so teams may want to check which bridges and routes are currently supported before planning user flows.
For the technical side, an EVM-compatible network allows teams to reuse many Ethereum development tools. Typical steps include:
- Deploy and test contracts on a testnet first.
- Run an independent security review before mainnet deployment.
- Publish verified source code so users can check it.
- Set up monitoring and an incident response plan.
- Document how users can report problems.
Liquidity is another practical concern. Some teams create pools on established decentralised exchanges, which can make a token easier to trade. Examples include Uniswap V3 and Uniswap V2 on Ethereum-based networks, and PancakeSwap on BNB Smart Chain. Which venue fits depends on the chain where your token lives and the pairs you need.
Check current supported networks, bridge status and exchange availability in the official documentation of each service. These details change often, and a plan built on old information can fail at launch.
Managing funds and the project after a sale
Once funds arrive, the work becomes operational. Set a budget by quarter, track spending against milestones and report progress to your community. Teams that publish regular updates usually keep participants informed and reduce speculation about how money is being used.
Make sure your token has a clear purpose. Holders will ask what they can do with it, and a credible answer might include governance rights, access to features or a share of fees. Avoid designs that rely only on new buyers to pay existing holders.
For treasury management, consider holding a portion of funds in stable assets to cover operating costs, and document who controls the keys. Multi-signature wallets require several approvals for transfers and reduce the risk of a single person taking funds. Review the arrangement with your team regularly.
Finally, keep your legal and tax position under review. Rules for token sales, reporting and money transmission can change, so schedule periodic checks with qualified advisers in each relevant jurisdiction.
Checking current facts and next steps
This guide does not state current prices, token supply figures, fundraising totals or program terms, because those change. The sources you should check include:
- The official Velas website and documentation, for network details and supported bridges
- The official VelasPad channels, for current sale rules, eligibility and program structure
- Each token's published contract, supply and vesting schedule
- The audit report and the auditor's own published materials
- Current regulatory guidance in your country on token offerings
- Market data services for live prices and liquidity, which you should check yourself before trading
If you are a project team, start with a short list of questions for any program: What do you provide, what do you take, what are the lock and vesting terms, and how are funds handled? Get the answers in writing.
If you are a participant, do the checks above before sending any funds, and treat any sale you cannot verify as one to skip. Funding is a long process, and a careful approach usually serves both teams and participants better than speed.
Frequently asked questions
What is VelasPad?
VelasPad is described as a launchpad and incubator for projects building on the Velas ecosystem. A launchpad typically runs token sales for approved projects, and an incubator typically offers support such as advice, visibility and introductions. Check the current program terms on the official VelasPad materials, since eligibility, sale formats and support can change.
How can I verify that a Velas token sale is genuine?
Start from the official Velas and VelasPad channels, not from links or messages sent to you. Read the sale rules, the token contract details, the vesting schedule and any eligibility requirements. Be cautious about anyone who contacts you first offering a place in a sale, and never send funds or seed phrases to someone who claims to be an official representative.
Does being accepted onto a launchpad guarantee funding success?
Not necessarily. A launchpad or incubator may be a useful source of visibility, technical help or community reach, but it does not guarantee a token's future value, liquidity or the success of your product. Compare what the program offers against the costs, lock-up terms and any obligations it places on your token supply before deciding.
Do I need legal advice before running a token sale?
Check your local laws before taking part in any token sale or buying tokens, because rules on crypto offerings, securities and consumer protection differ by country and can change. Use only the information you can verify yourself, and get independent legal and tax advice if you are raising money or receiving tokens in return for work.
What should I prepare before applying to a launchpad?
Your team should have a clear product plan, a verified identity, public documentation, a token design that explains supply and vesting, a security review of any smart contracts, and a realistic budget. Reviewers will look for evidence that you can deliver and that the token has a sensible purpose, so treat the application as a due diligence exercise you have to pass.
Mentioned in this guide
dApps in this guide
Team Finance is a non-custodial platform where token projects create tokens, lock liquidity and team tokens, set up vesting, run staking pools and airdrops.
Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.
Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.
PancakeSwap is a BNB Smart Chain decentralized exchange with swaps, farming, staking and CAKE governance for self-custody DeFi users.
Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
Common is a non-custodial ZK privacy dapp on Arbitrum and Aleph Zero EVM that lets users shield funds and withdraw to a new, unlinkable wallet.
Current is a Sui-based lending protocol with isolated markets and one-click yield multiply, focused on tokenized real-economy yield.
Stake is an online casino and sportsbook with crypto and local-currency payments, a VIP program and loyalty rewards, for adults where gambling is legal.
Uniswap is a self-custody decentralized exchange protocol for swapping tokens through liquidity pools across multiple networks.
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