New York, New York--(Newsfile Corp. - December 5, 2021) - Rocketpad team is pleased to announce the launch of its IDO Launchpad. Rocketpad allows Cardano's large community to pool resources to support high-growth initiatives with high potential.
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Rocketpad's two-round mechanism ensures every tier level gets allocated. Rocketpad has built excellent ties with influencers and marketing partners, resulting in a consistent stream of well-funded crypto projects.
Integrating Ethereum, BSC and Polkadot
In addition to supporting Cardano projects, Rocketpad will focus on integrating Ethereum, BSC, and Polkadot chains for a more adaptable pool type and whitelist criteria. It has already built a prototype centralized solution.
The next-generation decentralized Launchpad will be created using the best DeFi industry standards, providing real-time settlement, top-notch security, interoperability, genuine decentralization, and zero counter-party risk.
Rocketpad IDO Launchpad
One of the most difficult obstacles to overcome as an entrepreneur is funding. Fortunately, Rocketpad IDO Launchpad is a logical evolution of the crypto fundraising process. The architecture is comparable to the IEO. The fundamental distinction is that both the entrepreneur and the investor use a decentralized third-party platform.
Rocketpad is keen to collaborate with startup incubators and accelerator centers with its partner and community network. The purpose is to find and contact new Cardano Ecosystem startups with the biggest upside potential.
IDOs Donations Via Native Tokens
Rocketpad will host IDOs for both usefulness and security. It will accept IDO donations in native Rocketpad tokens and the more popular ADA, ETH and approved stable currencies.
Rocketpad offers a decentralized IDO launchpad. The quantity of $Rocket in a user's wallet determines how likely they are to be whitelisted.
Protocol users must be involved in voting on protocol governance concepts. The Governance contract allows users to propose and vote on protocol enhancements. Rocketpad will allow users to manually burn tokens, thus reducing coins in circulation.
It also will limit the pool's size depending on the IDO's request. It will be FCFS (First Come First Serve). Token holders will obtain the allocations they are entitled to for burning their tokens. This has increased the exclusivity of IDO whitelisting in Rocketpad. The total quantity set for circulation is 150,000,000 tokens.
Rocketpad is a decentralized fundraising platform and startup accelerator built on Cardano. It fully supports Cardano native tokens and provides powerful DeFi features required by new applications, unlike its rivals.
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