Important information inside for KCCPAD and TRONPAD holders
At BlueZilla, our ethos is being at the forefront of innovation and providing our community with the best opportunities possible — whatever the market conditions or current trends.
In line with this, Polygon has emerged as an incredibly impressive platform in recent months, and is accelerating away from its competitors thanks to its sheer usability, utility, and developer friendliness.
Indeed, in under 2 years, Polygon has seen exponential growth in its DApp library, userbase, and developer sphere. The Polygon ecosystem now contains well over 7,000 DApps, 375,000 MATIC holders, and over 2,000 active developers (around half that of Ethereum).
With a huge amount of developer resources being aimed at the platform, and more and more EVM chains beginning to interoperate with the platform, Polygon is arguably one of the most promising layer-2 chain currently operating.
Unfortunately, both KuCoin Chain and TRON have fallen short of expectations, and the development landscape on these two platforms has stagnated in recent months. As a result, we have decided to pivot away from these platforms, and instead introduce PolyPad — the premiere launchpad for the Polygon ecosystem. No
This measure is taken to increase the number of opportunities available to KCCPad and TRONPad holders, who haven’t had a native launch for a while due to the stagnated development of these chains. We are confident that we can secure far more high quality projects on Polygon than on KuCoin Chain and TRON combined, providing our users with more deal flow, better returns, and better bang for their buck.
The platform will operate on Polygon, helping to maximize accessibility, and will use a tier-based access model that rewards long-term stakers with allocation multipliers.
The Merge
PolyPad is the first BlueZilla launchpad without a fundraise, moreover, there will not be an IDO. Instead, holders of the KCCPAD and TRONPAD tokens will be able to swap their tokens to POLYPAD on a given date.
This swap system will see KCCPAD and TRONPAD token holders given the option to migrate their tokens to Polygon, and swap their respective holdings for POLYPAD tokens at a fixed rate. Users will be able to bridge their tokens to Polygon at any time to claim their POLYPAD tokens. The exact ratio will depend on the average price of KCCPAD and TRONPAD at the time the swap platform goes live, ensuring both user groups receive an equivalent reward based on the size of their holdings.
With this system, KCCPAD and TRONPAD holders will be provided with direct access to the new PolyPad platform and will be able to immediately benefit from our lineup of top-tier Polygon projects.
For more information on PolyPad, read the FAQs, and stay tuned to our socials:
