After creating the website, social networks, the token, and the OpenBook Market, the only remaining task was to place the Token on the market.

Initially, my idea was to create a liquidity pool at Raydium and thus open the token for trading.

During my research, I remembered Pinksale, a project launch platform I had already used to buy new tokens from projects I had invested in the past.

I researched how the platform works and the costs and concluded that it was worth creating a launch on the platform and trying to launch MADBULL through Pinksale.

The platform offers two different solutions to create a Launch for our token:

Presale

The big difference between the two is that with Presale, we place a minimum and maximum quantity of tokens to sell, and we choose the price at which we want to sell our tokens, being able to offer a discount on the token’s launch price.

Fair Launch

Fair Launch differs from other platforms in that we do not choose the sale price of our token. The price is determined by dividing the total SOL allocated to the sale by the total number of tokens placed for the launch.

The significant advantages that made me want to test this platform are:

1 – They have a vast community, and as they always have lots of new projects, many platform users are always looking for new projects.
2 – The costs are around 4.5 $SOL to create the launch, and they charge an additional 5% of the total sold, which is why they are much lower than other platforms I know.
3 – The platform’s operation is straightforward, and there are tutorials and support groups on Telegram that can help answer any questions we may have when configuring Launch.
4—After the launch is complete, they create the Liquidity Pool at Raydium according to the launch configuration. This saves us work and a lot of money because if I were the one creating the liquidity pool, I would have to spend at least minus 20 $SOL, and so I spent around 5 $SOL (not counting the 5% they charge).

For these reasons, to reduce the cost of creating the Liquidity Pool and increase MADBULL’s exposure to a vast community, I decided to try it.
Of course, if I don’t raise a minimum of $50 SOL, the sale will be canceled, and I will lose my $4.5 SOL, but I thought it would be a risk worth taking.

At the time of writing this article, the MADBULL Fair Launch (the model I chose) has not yet started, so I still don’t know whether it was a good choice.

I will get back to this subject in about a week.

At this stage, the work points were:

Learn how to use Pinksale

Create a Fair Launch on Pinksale

It took me about two days to accomplish these tasks.

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