SuiPad Launches Zero-Fee Launchpad with SuiPad Shield to Protect IDO Participants' Principal Capital
SuiPad is thrilled to announce the launch of its Zero-Fee Launchpad, inviting amazing tier 1 projects to build on Sui with the support of our partners, including MystenLabs. Our comprehensive solution covers tech stacks, code reviews, legal, audit, marketing, and product development support.
Investing in launchpad IDOs can be highly rewarding, but it also comes with risks. That's why we've introduced SuiPad Shield, a feature that safeguards participants' principal capital, providing everyone with peace of mind. SuiPad Shield works by allowing users to add 15% of their invested funds to buy insurance, which is then sent to the SuiPad Shield Pool. The pool covers any potential loss of the user's principal capital for the next 7 days, and if the average peak price is lower than the IDO price, the pool covers the difference, protecting the user's principal capital. If the project does well, the user's return will be infinity%-15% paid in insurance costs.
Our selection process prioritizes great teams and great products, and we are particularly interested in projects with amazing communities. We consider multiple criteria when selecting a project, including backers, finance, product, economics, tokenomics, marketing, community, listing plan, liquidity, market maker, and legal compliance.
To ensure a fair token distribution, we distribute our seed, private, and public sales to many different participants, avoiding any single entity holding a large quantity of the supply.
We believe that our Zero-Fee Launchpad, coupled with SuiPad Shield, will provide a safe and rewarding experience for all IDO participants.
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