SuiPad: The Premier Launchpad for Tier 1 Projects on Sui
SuiPad is a premier launchpad that offers a decentralized way for tier 1 projects to launch their Initial DEX Offering (IDO) on the Sui blockchain. The first permissionless Layer 1 blockchain is designed to cater to the next billion users in Web3, and it is the official launchpad partner of MystenLabs.
One of the major issues that SuiPad aims to solve is the lack of information about IDO projects. Often, most AMA and project information favors the project owners more, and IDO investors need to know what's happening behind the scenes. SuiPad ensures transparency and offers a comprehensive educational program called Sui Tank, an entertaining web3 Shark Tank series. SuiPad Shield Insurance is an innovative insurance feature to safeguard participants’ principal capital, tailoring to everyone’s risk appetite.
Features of SuiPad
SuiPad offers an easy IDO launchpad. Eligible participants will have 48 hours to commit their USDC / USDT / SUI to the IDO pool and get tokens automatically after IDO ended. The platform offers high priority to both UI and UX, which is crucial for onboarding new users to the Sui ecosystem.
SuiPad's innovative launch models combine tier-based and lottery allocation to ensure fair rewards distribution for all token holders. SuiPad only succeeds if the launchpad projects succeed. Hence, it offers an insurance protocol to safeguard investors’ principal capital.
SuiPad's platform is an all-in-one solution, including an integrated wallet, vesting marketplace, and transaction management. All major Sui wallets are supported.
Selection Process for Projects
SuiPad believes in a great team and a great product. They select projects based on specific criteria. SuiPad is interested in projects with amazing communities and innovative minds, with all the checkboxes of the following criteria being checked:
Backers (vc, partners, advisors)Finance (burn-rate, fundraised, projected revenue)Product (pain-point, product-market-fit, innovation, DAU, MAU)Economics (revenue model)Tokenomics (structure, vesting schedule, initial circ supply, inflation rate)Marketing (go-to-market strategy, growth strategy)Community (statistics, engagement, regions)Listing plan (Dex, Cex)Liquidity (total liquidity vs. selling pressure)Market makerLegal (KYC, AML)
How SuiPad Shield Works?
Participating in launchpad IDOs often gets you high rewards but also associated with certain risks. SuiPad Shield is introduced to safeguard participants’ principal capital, giving everyone peace of mind.
The insurance feature allows carefully selected ambitious projects to utilize the shield within their launch strategy, while also protecting SuiPad investors from any tokens dump. For example, if a user buys the IDO round of a launchpad project, the user can choose to add 15% of invested funds to buy insurance. The insurance fee will then be sent to the SuiPad Shield Pool.
The SuiPad Shield Pool will cover any potential loss of the user’s principal capital for the next 7 days. On the 7th day since the IDO launch, if the average peak price is lower than the IDO price, the SuiPad Shield Pool will cover the differences to the user, so the user’s principal capital is well protected. On the other hand, if the project does well, the user’s return will be infinity% — 15% paid in insurance costs.
Conclusion
In summary, SuiPad offers a comprehensive solution for projects and launchpad participants, providing an easy IDO launchpad, Sui Tank educational program,