MEXC Research has published a report examining the evolution of token offering models and their impacts on the crypto ecosystem, analyzing both centralized and decentralized platforms.
Overview of MEXC Research Report
The report titled *'From ICO to Launchpad'* explores changes in tokenomics and user behavior across various platforms. With the resurgence of launch activity, it provides a detailed comparative analysis of launch mechanics.
Key Performance Insights of Launch Platforms
The findings show that MEXC ranked first in the number of launchpad projects in H1 2025 with an average peak ROI of 10.83x. Bybit delivered the highest ROI for a single project—Xterio with 14.71x—but required users to meet specific conditions. Gate.io was noted for its low financial barriers for participation, though fairness in distribution of funds left much to be desired.
Trends and Recommendations for Improved Token Models
The report also highlights key challenges faced by platforms: manipulation and fraud on DEX platforms, as well as discrepancies in token distribution on CEX. Recommendations include implementing valuation controls, more flexible access criteria, and post-launch accountability.
MEXC Research's report emphasizes the need for changes in the architecture of token distribution to ensure greater accessibility and transparency, thus promoting the development of the crypto economy.
