The end of this year is turning out to be quite interesting in the crypto world, as more and more cutting-edge technologies are being released every day.
But none of these could have as much impact as L2PAD!
Check out L2PAD App here : https://app.l2pad.io/
L2PAD will bring equal investment opportunities and fairness across the board when it comes to token sales and launches, whilst at the same time providing ingenious developers with the funding necessary to bring their inventions to life.
Our platform will open doors for the common individuals that were previously only open to large Venture Capitalists — we strive to create inclusivity when it comes to community funding
This goal may seem ambitious, and perhaps even impossible — to those unacquainted with our project, but we invested a great amount of time and research and we know it can & will become a reality! Let’s jump right into the core of our launchpad’s model and our technology.
New Technology for a New Era
We chose to build on Ethereum because of a very simple reason — it’s the king of cryptocurrency and blockchain ecosystems. This is because its capability, network size, technology and visionary leadership are unmatched in the crypto ecosystem. Therefore, Ethereum is the current leader of the DeFi movement — this is a simple truth.
But, there’s a big problem with Ethereum. Currently, its fees are extremely high and unaffordable to the majority of users, and hence — inaccessible to many. However, cryptocurrencies were created for exactly the opposite reason — to free the common man and provide him with the opportunities to thrive.
Luckily, innovative and passionate teams have developed a solution — layer2 scaling, which brings all of us closer to the dream of a truly free world that doesn’t function according to the whims of politicians and central bankers.
Layer2 technology such as the likes of Arbitrum and Optimism, both of which are used by the L2PAD launchpad, provide extremely low fees and high scalability for users. These features enable these same users to finally interact with the Ethereum ecosystem in an efficient way,opening up opportunities that they could previously only dream of. All that, through fully secure solutions that are easy to use.
Because of Ethereum and this new layer2 technology, we finally have the technological foundation to realize the financial revolution we’re all longing for. But there’s a significant obstacle in the realization of this revolution — wealthy individuals use their amassed wealth to snatch up all the opportunities from the common person. To read more about this issue, click here!
Luckily for all of us, the genius minds of Vitalik Buterin, Zoe Hitzig, and E. Glen Weyl thought of an elegant solution — Quadratic Funding.
No longer will some be more equal than others!
If this section resonates with you, then you should join us and our ecosystem! Let’s do this together — because a revolution of this magnitude cannot be achieved by a single organization or a single team; we all need to be a part of it.
IDO Details
Our IDO is today! If you’re keen on acquiring our L2PAD tokens and becoming an integral part of our ecosystem, make sure to keep track of time zones and set your alarm clock correctly!
The IDO will take place at 4:00 PM UTC time.
To take part in our IDO, you’ll have to load up on ETH ( Find the bridge to Arbitrum here , which you’ll be able to exchange for L2PAD tokens via the IDO pool. To reserve your L2PAD tokens, you will need to connect your MetaMask wallet to our launchpad via the Arbitrum Network. Learn how to do this by following the tutorial available via this link.
Pay attention to the provided tutorial! The launchpad utilizes the Arbitrum network to execute its IDO.
This means you need to bridge your Ethereum, from the Ethereum network to the Arbitrum network!
Our supporters will surely be overjoyed to hear that the IDO tokens will be unlocked 100% , as we have decided not to vest any IDO tokens! The Seed and Private round allocations are, on the other hand, heavily vested!
You can find the token distribution table and other important details in our deck. Dedicating cryptocurrency for the support of a project is a serious matter, which is why we recommend every interested individual to perform a thorough study of our revolutionary tokenomics and our Whitepaper.
The execution of the L2PAD IDO will be performed as follows: 301 whitelist winners will be placed in round 1 of our IDO. Everyone in round 1 will be able to acquire L2PAD tokens, but make sure to hurry as the total amount being raised through the IDO is 200 thousand USD, whitelist guaranteed allocation per IDO participant is around $800 !
This means that even though you are in round 1, there is a possibility that you do not manage to acquire any L2PAD tokens — if you were not fast enough! If the pool is not sold out, the IDO continues onward — to round 2 and round 3.
The rest of the whitelist applicants will be placed randomly into round 2, round 3 and so on. Round 2 begins at 4:30 PM UTC and round 3 begins at 5:00 PM UTC etc. Keep in mind this might vary by a minute or two, so be ready and be early!
For all the rounds allocations are the same! To find out if you won the round 1 slot, check this list for your address.
Staking has been tested and is live! Staking of acquired L2PAD tokens will be the only way to acquire L2POOL tokens — for the time being. To stake, you will first need to claim the L2PAD tokens that you reserved during our IDO or buy them on the secondary market.
The claim time of the L2PAD tokens reserved via IDO — will be announced in the coming days.
Finally, it is important to emphasize to our supporters that the L2PAD tokens reserved via the IDO are fully unlocked, in other words — you will receive all the tokens you reserved in the IDO, when you claim them.
Conclusion
We’re thrilled with the fact that we’ll soon start seeing our hard work and vision materializing in the ‘real world’. Nothing is more rewarding than seeing your ideals and cutting-edge technology manifesting a positive change in our world.
But we can’t do this by ourselves. We built the technology, designed the tokenomics, and packed it all together into a powerful launchpad that can forever change the world. But we can’t do this without you!
If you have any questions, don’t hesitate to drop them in our Telegram Community Group and satiate your curiosity, or just perform your own due diligence.
If there was such a need, after having all your questions answered, we’re sure you’ll come to a singular conclusion…
A change is coming, and it’s called L2PAD.
