Smart contracts are a fundamental component of IDO launchpads. They automate and execute various processes, such as token distribution and fund management, without the need for intermediaries.In the context of IDOs, smart contracts handle token sales, distribute tokens, and manage vesting schedules. They ensure the process is transparent and tamper-proof. Additionally, smart contracts can be audited to enhance security, assuring participants that the process is trustworthy. Smart contracts are at the core of the efficiency and trustworthiness of IDO launchpads.

source: https://www.blockchainappfactory.com/ido-token-launchpad-serviceshttps://www.blockchainappfactory.com/ido-token-launchpad-services