NFT marketplace launchpads serve as platforms for new projects to introduce their collections to a wider audience. Projects can showcase authenticity, gain market trust, and even raise funds through Initial NFT Offerings (INO). These launchpads, found in platforms like Magic Eden and Element Market, play a pivotal role in introducing fresh NFT projects to the community.
source: https://www.thecryptoupdates.c...se-nft-marketplaces/