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Posted on Apr 25, 2023Read on Mirror.xyz

SuiPad.xyz

SuiPad: The Premier Launchpad for Tier 1 Projects on Sui Network

SuiPad is a decentralized launchpad built on the Sui Network, the first permissionless Layer 1 blockchain that caters to the next billion users in Web3. SuiPad provides a platform for new projects to raise funds, build a community, and grow within the Sui ecosystem. In this article, we will delve into the features, tokenomics, roadmap, and feedback about SuiPad.

Token Information

SuiPad's token, SUIP, is a fixed supply token with a total supply of 100,000,000 SUIP. The token is on the Sui Network and has a ticker of SUIP. The initial circulating supply of SUIP is 20,696,000, of which 10,000,000 is liquidity. The initial market cap of SUIP is $1,034,800, of which $500,000 is liquidity. The private sale price of SUIP is $0.035 USD, and the public sale price is $0.05 USD. The token contract is yet to be announced.

Token Distribution

SuiPad has ensured a fair token distribution on launch by distributing its seed, private, and public sales over many different participants. The team's efforts to distribute the tokens evenly and avoid any single entity holding large quantities of the supply is commendable.

Features

SuiPad offers several unique features, including a decentralized IDO platform, allowing Tier 1 projects to launch on Sui Network quickly. SuiPad's community can participate in IDOs with low fees, making it an attractive platform for both projects and investors.

SuiPad has a robust staking mechanism, providing users with an opportunity to earn rewards for their participation in the network. The staking mechanism encourages token holders to participate in governance and decision-making for the platform's future development.

Roadmap

The SuiPad team has an ambitious roadmap that covers the next several quarters. In Q4 2022, they plan to launch the base platform, which includes a new website and tradable launchpad UI. They will also focus on community building and mass marketing.

In Q1 2023, SuiPad will be available on the Tesnet, and multiple wallet integration will be added. The team also plans to hold a Tesnet IDO for multiple projects on Sui. This quarter will also see continuous marketing efforts and community building.

Q2 2023 will see SuiPad on the Mainnet, and the team will hold the SUIP IDO. Additionally, they will launch a staking pool and SuiPad Shield, which is a security mechanism to prevent rug pulls. The first batch of IDOs for four projects will also be held.

In Q3 2023, the team plans to produce the first season of SuiTank, a reality show about the incubation process on SuiPad. This quarter will also see the second batch of IDOs for eight projects and the first cohort of the SuiPad Incubation Program.

In Q4 2023, the first cohort of the SuiPad Academy will be launched, which is an educational program for blockchain developers. The team will also hold the second cohort of the SuiPad Incubation Program and the third batch of IDOs for eight projects. The production of the second season of SuiTank will also be underway.

Feedback

SuiPad has received positive feedback from the community for its innovative approach to launchpad platforms. The team's efforts to ensure a fair token distribution have been appreciated, and the community is eagerly looking forward to the upcoming features on the roadmap. SuiPad's low fees and staking mechanism have also been well received by the community.

SuiPad Crew3 Event

Recently, SuiPad announced its Crew3 event, which aims to reward the community for its contribution to the Sui ecosystem. The event will have a pool of 100,000 SUIP tokens, which will be distributed to the participants based on their staking activity and participation in governance. The event shows the team's commitment to the community and the development of the platform.

Conclusion

In conclusion, SuiPad is a promising launchpad built on the Sui Network, catering to the next billion users in the web3 space. With its unique features such as the SuiPad Shield, SuiPad Academy, and SuiTank, the platform offers more than just a launchpad for tier-1 projects. The fair and transparent tokenomics, along with a comprehensive roadmap, indicate that the team behind SuiPad is focused on the long-term success of the project. As the platform moves towards its launch and beyond, it is likely to become a significant player in the decentralized finance ecosystem, attracting more investors and projects looking to leverage the SuiPad's capabilities. It will be interesting to see how SuiPad evolves and matures in the coming years, and if it delivers on its vision of becoming the go-to launchpad for tier-1 projects on the Sui Network.