SolPAD Whitelist Now Open

The Whitelist opened on the 18th of May and will be closed on the 25th of May 2021.

By
Utulu Hope
on
May 22, 2021
Category:
Breaking News

Introduction

SolPAD has released the whitelist for its upcoming public sale scheduled to hold on the 26th of May, 2021. The first launchpad of its kind on Solana, SolPAD will serve as a place for new projects to see a bright start. The date for product launch is set — 2nd June 2021, and the platform is excited to release to the public.

Source


Public Sale Details 

Following a successful round of private funding, which saw revenues of $2.2 million raised, the launchpad protocol is confident of public sale interest. The product launch will be hosted on two platforms: 

  • SolPad IDO platform (85% of total allocation)
  • A2DAO's Tokensale Launchpad (15% of total allocation)

SolPad will be offering its early contributors rewards via airdrop. 

25,000,000 $PAD tokens — the native currency of SolPAD - will be available for public sale only on its platform. The total token allocation will be distributed across five different blocks. The public sale will be carried out on a First-Come, First-Served basis until all $PAD tokens are sold out. Therefore, the earlier a user makes a purchase, the lower the price.  

Source

Purchased tokens during the public sale will be released at a rate of 40% on Token Generation Event (TGE), accompanied by 5% weekly distribution. 


Sale Summary 

  • Contributions will be taken in USDT
  • Available $PAD tokens  — 25,000,000
  • Minimum contribution ($300), Maximum contribution ($400)
  • Release schedule — 40% TGE, 5% weekly
  • First Come First Served


Public Sale Participation 

To register and participate in the $PAD token public sale, users need to follow these steps: 

  • First, complete the Whitelist bot and finish all tasks in the bot to be eligible. 
  • A link will be given after the whitelist is closed. Users will be required to click and check if they have successfully made it to the whitelist on the website.
  • Connect Wallet. For now, Sollet is the only accepted wallet, but there are plans to integrate more wallets in the future. 
  • Claim $PAD tokens through their official website and claiming portal. 


About SolPAD

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SolPAD is the first multichain launchpad built on Solana, which aims at offering new Initial DEX Offerings (IDOs). The platform is entirely different from other related platforms in the Solana Ecosystem due to its unique position as a launching point for new projects. It provides everything needed for projects' success, such as infrastructure support and incubation. 


Conclusion  

SolPAD's whitelisting comes with a free airdrop for its users. This comes as a result of the high interest in its whitelist. Early supporters stand the opportunity to obtain PAD tokens via its guaranteed airdrop event. The launchpad platform has urged interested participants not to miss its exclusive benefits, as they are a limited-time incentive for supporting the project. The whitelist will open from the 18th of May through May 25th. 


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Utulu Hope

UC Hope is a passionate fan of crypto who could weave the latest event into sparks of inspiration and information. He leaves no stone unturned to get to the core of a story. Aside from writing, he spends his hours poring over algorithms and protocols, preparing for a future career as a computer programmer.