What is the difference between launch pool and launchpad?
As a keen observer of the cryptocurrency and blockchain landscape, I'm often intrigued by the various tools and platforms that enable projects to gain traction and funding. Among these, I've noticed the terms 'launch pool' and 'launchpad' being used quite frequently. Could you elaborate on the key differences between these two concepts? Specifically, I'm interested in understanding how they function, their intended purposes, and the types of projects that tend to utilize them. Additionally, are there any key advantages or disadvantages associated with each approach that investors and entrepreneurs should be aware of?