Token launchpads have seen their reputation take a serious hit lately. Early promises of curated projects and rigorous vetting? Mostly gone. What we're seeing now is a flood of low-quality tokens, broken mechanics, and projects that either rug immediately or fizzle out within weeks. The platforms themselves seem more focused on volume than validation. Investors who once saw launchpads as a gateway to promising early-stage projects are now treating allocations with heavy skepticism. Without real accountability and better due diligence standards, these platforms risk becoming irrelevant. The market is catching on—trust doesn't rebuild overnight.