MultiPad and our Community First Values
MultiPad is a multi-chain decentralized launchpad that works closely with promising early-stage projects to help them raise funds and provide resources that enable their long-term success. But apart from this, we are also committed to creating a community-governed ecosystem that gives $MPAD holders a way to have their voices heard.
We followed the lead of other successful launchpads such as Polkastarter, Trustswap, and Duckstarter, but felt there were still ways we could enhance our overall user-experience to give our community more control over the future of MultiPad, and the projects it launches.
How MultiPad is Different
Certain criteria had to be met and pain points had to be addressed, to ensure our decentralized multi-chain launchpad was one hundred percent Committed to Community. We had to make certain that all investors, regardless of their initial capital, had the opportunity to participate in our ecosystem, and we accomplished this in the following ways:
A Level Playing Field
We started by changing the norms investors usually come across by providing equal pricing for our early seed rounds and IDOs. As many of you already know from existing launchpads, early seed rounds benefit a small number of investors that hoard large amounts of tokens, leaving them as the sole beneficiaries of low prices. By preventing these types of sales, we can be certain that the balance of power is not skewed, and that all community members have an equal opportunity to win lotteries, have a voice in voting, and receive more rewards through staking.
Low-Fee Blockchains Only
Another issue we made a point to address are the horrendous gas fees that investors incur on other launchpads. For example, claiming and selling IDO tokens on the Ethereum blockchain typically costs over $200, and this was not something we wanted our community to suffer through.
To prevent this, we made sure to only operate on low-fee blockchains. From the moment Multipad goes live, we will be able to support projects on AVAX, BSC, and Polygon. This encourages, and in some cases, provides the opportunity for investors with smaller amounts of capital to participate in IDOs for promising blockchain projects.
Fair Allocations
By staking at least 10,000 $MPAD, community members get an equal opportunity to win lotteries and receive ample allocation for every lottery won. Our unique bad luck protection feature also ensures no participant staking 10,000 $MPAD is left out, giving non-winners of previous lotteries more chances to win in upcoming ones.
Members that fall into our Elite tier category or are among the top liquidity providers are guaranteed allocation.
Putting Our Community First, Always
We would like to conclude by first thanking our community for the overwhelming support they have shown us. We will continue to build an ecosystem that gives every participant the opportunity to enjoy privileges such as voting, staking, and eligibility to win important IDO lotteries. We also want to make sure that every member has an equal say as to how our community is governed, regardless of whether they are VCs or retail investors.
About MultiPad
MultiPad is a community-governed, decentralized multi-chain powered launchpad, enabling startups to raise funds. MultiPad will partner with projects and help them with marketing, go-to-market strategies, technical advice and assistance. MultiPad will be partnering with projects that show strong passion and a promising vision for DeFi. Our partners — including WealthUnion, Dutch Crypto Investors, Topkek, CSPDAO and OIG — are aligned with our promise to be “committed to community”, and our community is everyone who has a stake in MultiPad, including strategic investors, community investors and IDO project partners.
