Parachute | Chapter I- The gateway

The Ton crew prepared for take-off.

Please fasten your seatbelts.

The first, incredibly significant element of the whole puzzle called Parachute, will be the Launchpad, or more precisely, the entity that we proudly named the Elite Launchpad Club.

ELC, as the name suggests, will be an elite club. Club of TON enthusiasts who have shown extraordinary wit and intuition by becoming a part of the ecosystem at the very right time.

ELC is a club where initiative and activity come first, and wealth comes second.

An elite launchpad club has been designed to address the four main challenges faced by contemporary launchpads. These issues include whale promotion, FCFS (first come, first served), small contributions, and token staking.

Our primary goal is to deliver a product that eliminates all of these.

#1 Promoting whales

Typically, launchpads promote whales through tiered structures. We aim to provide an equal opportunity to everyone, regardless of the size of their wallet.

Participation in our launchpad will only require you to possess our NFT. That’s it. No gimmicks, no special rules, no tiers. From the people, to the people.

#2 First come, first served

If you have ever participated in an IDO, you know how frustrating it can be to stake hundreds of dollars in tokens that become unusable due to the simultaneous interest of 5000 other participants trying to make a purchase. This won’t happen in Parachute.

By limiting the number of participants, we aim to address this issue, generate increased buying pressure, and elevate the exclusivity of listed projects.

#3 Small contributions

Closely related to the aforementioned issue is the problem of small contributions. Dividing contributions often results in a mere $3 ticket.

“That’s great!” said no one ever. Due to our strict participant limitations, situations like this will never occur, and we guarantee that $100 will be our standard.

#4 Token staking

“Hey, anon, come participate in our launchpad. Stake your tokens forever and don’t have a chance to withdraw them whenever you want.” Hold on, brother. That’s not how we operate. Not in Parachute.

As mentioned earlier, to participate in our IDOs, users will only need our NFT. This NFT will not have to be staked whatsoever. In case of unexpected turbulence, the emergency exit will always be open.

MINT:

All NFT mint-related information coming soon!

HOW TO WL:

As mentioned above, we strongly promote activity and engagement, so be active, participate in our contests, and you will have a chance to be whitelisted.

We strongly encourage you to follow our social media channels:
-Twitter
-TG Group
-TG Announcements

and this Medium through which we will reveal more details.

Therefore, the first out of three chapters has been revealed.

Roger.