Jellypad Launches on Cardano
8/5/2024
In an era where many Web 3 projects struggle to gain significant exposure and build a solid community, Jellypad emerges as a beacon of support. This next-generation innovation and incubation launchpad on the Cardano blockchain aims to revolutionize how projects establish themselves in the web3 landscape. This article will delve into Jellypad, how it benefits projects, and more.
What is Jellypad?
Jellypad is a comprehensive Web 3 advising and marketing agency designed to elevate both NFT and FT projects. Whether a project is in its pre-launch or post-launch phase, Jellypad offers support to ensure success. It addresses the challenges that many projects face, such as gaining exposure, building a community, and navigating the ever-evolving Web 3 environment. With a focus on providing expert advice, marketing strategies, and networking opportunities, Jellypad stands out as a crucial resource for projects looking to make a significant impact. At the heart of Jellypad’s ecosystem is the $JELLY token, which plays a central role in accessing services and incentives.
How Does it Work?
Jellypad employs a structured four-step process to ensure that each project receives the tailored support it needs:
Application and Initial Vetting: Projects begin by filling out an application detailing various aspects of their initiative. The Jellypad team carefully reviews these applications to identify promising candidates. This stage ensures that only projects with potential for success proceed to the next step.
Collaboration and KYC: During a call with the project team, Jellypad further vets the project to confirm it is a suitable fit. If both parties agree to collaborate, the project founder undergoes a Know Your Customer (KYC) process and signs off on the terms of collaboration. This step is crucial for establishing trust and ensuring compliance with regulations.
Pre-Launch Support: In the pre-launch phase, Jellypad provides comprehensive support to prepare the project for a successful launch. This includes creating targeted marketing campaigns, editing X posts, improving branding elements, hosting X Space AMAs, running giveaways, and facilitating collaborations with other projects. These efforts are designed to maximize exposure and build a strong community foundation.
Post-Launch Support: After the project launches, Jellypad continues to offer support through a subscription service. This ongoing assistance helps projects maintain momentum and achieve long-term success. Services include continued marketing efforts, community engagement strategies, and additional networking opportunities to ensure the project’s sustained growth.
The Jellypad will have four primary services, with both “Jelly Launch” and “Jelly Distribution” utilizing the $JELLY token. Each Jellypad project will have an allocation of NFTs, whitelist spots (WL), or fungible tokens (FTs) distributed through $JELLY, enhancing their reach and community engagement.
To support these services, Jellypad conducts various fundraising activities, including subscriptions, raffles, and other campaigns. Each release involves burning a percentage of all $JELLY tokens sent in. For example, this month’s $JELLY fees included:
- 13 Jelly Subscriptions: 13k $JELLY
- Jellypad Raffles: 95k $JELLY
- Bigfi Chunking: 13k $JELLY
In total, 121k $JELLY (equivalent to 12 Jellycubes) will be burned this month, reducing the overall supply and increasing the value of the remaining tokens.
In return for marketing promotion, Jellypad requests a portion of an NFT project’s whitelist spots, which are raffled off. For fungible token projects, Jellypad requires a small portion of the token supply, which is then distributed through a pro-rata sale process. For projects needing technical support, Jellypad has partnerships with top minting and distribution partners who can assist with hosting sales. Additionally, Jellypad can host token sales on Cardano to support projects looking to launch a token.
How Does This Benefit Projects on Cardano?
Jellypad offers numerous benefits to Cardano projects, ensuring their success and contributing to the ecosystem’s growth. By providing detailed analysis and improvement suggestions, Jellypad helps refine project strategies and enhance offerings. Professional marketing campaigns, including expertly crafted X posts, AMAs, and curated YouTube content, significantly boost visibility and engagement, attracting a wider audience and potential investors.
Branding and design support from Jellypad ensures projects have a strong and memorable presence, essential for standing out in the competitive Web 3 space. Extensive networking opportunities connect projects with key collaborators, influencers, and other projects, fostering innovation and collaboration. The integration of the $JELLY token within Jellypad’s ecosystem adds value and incentives, encouraging community participation and loyalty.
Jellypad’s comprehensive approach not only aids individual projects but also drives the Cardano ecosystem forward. By nurturing promising projects and helping them reach their potential, Jellypad contributes to the overall health and vibrancy of the Cardano blockchain, fostering an environment where innovation and growth can thrive.
First Jellypad Project
Jellypad’s first project is Mogi, which is utilizing the launchpad’s services for its upcoming Cetardio collection. This collection features 3,333 NFTs, with Mogi TV and Whitelist pass holders able to mint on August 7th, followed by a public sale on August 8th at 25 ADA per mint. The Jellypad was allocated 150 Whitelist passes by the Mogi team in exchange for Jellypad’s services.
More about Mogi
Mogi is a vibrant, community-focused cat-themed memecoin making waves on the Cardano blockchain. Known for its fun and engaging approach, Mogi emphasizes community engagement and lightheartedness. With its motto, “the cet is wet,” Mogi captures a dynamic and energetic essence, attracting memecoin enthusiasts from various blockchain communities.
You can find out more about Mogi at the following link: https://www.mogicet.xyz/
Conclusion
Jellypad represents a transformative approach to supporting Web 3 projects on the Cardano blockchain. By offering a comprehensive suite of services, Jellypad ensures that projects receive the guidance, exposure, and networking opportunities they need to thrive. It will be interesting to see how Jellypad develops over the coming months and years and how it benefits projects in our ecosystem.
More information about Jellypad can be found here: https://www.jellycubes.com/jelly-pad
The Jellypad application form can be found at the following link: https://tally.so/r/mYOB46
This article is strictly for informational purposes and does not constitute a promotion or financial advice. Our aim is solely to provide users with the latest news and updates within the Cardano ecosystem.
We hope this helped you get caught up with the most recent crypto news. If you enjoyed the read make sure to follow TapTools on X and join our Discord.
