SuiPad Launches Zero-Fee Launchpad with Shield Protection
SuiPad is proud to announce the launch of its Zero-Fee Launchpad, in collaboration with partners such as MystenLabs, offering complete solutions in tech stacks, code reviews, legal, audit, marketing, and product development support. Additionally, SuiPad is introducing the SuiPad Shield to protect IDO participants' principal capital and provide peace of mind.
The SuiPad Shield is an insurance feature that safeguards users' principal capital against volatility when investing in newer crypto projects. Users can choose to add 15% of invested funds to buy insurance, and the insurance fee will be sent to the SuiPad Shield Pool. The Shield Pool will cover any potential loss of the user's principal capital for the next 7 days. On the 7th day since the IDO launch, if the average peak price is lower than the IDO price, the Shield Pool will cover the differences to the user. If the project performs well, the user's return will be infinity% - 15% paid in insurance costs.
SuiPad has a rigorous selection process that prioritizes great teams and products, along with amazing communities. The criteria include backers, finance, product, economics, tokenomics, marketing, community, listing plan, liquidity, market maker, and legal compliance. The goal is to ensure that all checkboxes are checked for innovation, product-market fit, and revenue models.
SuiPad ensures a fair token distribution by distributing its seed, private, and public sales across many participants. This approach eliminates the concentration of large quantities of supply by any single entity, ensuring a more equitable launch.
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