Introducing PenPad: An Advanced Zero-Knowledge Platform on Scroll

A fair launch platform, PenPad gives builders more tools in their tools by leveraging Scroll’s native features.

L2 season is in full swing and PenPad is here to lead the way as teams start building on Scroll.

PenPad is an innovative launchpad focused on fullying leveraging the unique attributes of Scroll. Dedicated to fair-launch projects, PenPad offers builders and new communities cutting-edge technology and support, including:

  • “Proof-of-human” logins

  • Scalability through Scroll’s zkEVM

  • Privacy and compliance tools for real-world app integration

PenPad isn’t just the best place to build a community-focused project; it’s the best place to build adoption-ready dApps with scalability and regulatory compliance in mind. Scroll is the paper, but PenPad is the pen you’ll use to create something that can change the world.

By building on Scroll, PenPad will offer founders a whole toolkit of Zk solutions for their dApps.

Here are the unique tools you can leverage through PenPad

ZkPrivacy

Through PenPad, founders can use privacy to create apps and dApps that are ready for real-world business use.

Why do dApps need on-chain privacy before they’re ready for the real world? Because businesses and institutions can’t move on-chain without confidential transfers that will protect IP, consumer data, and sensitive information. Without access to these capabilities, many businesses would be at a disadvantage, and some would not even be legally allowed to operate.

Compliance through Cryptography

Beyond privacy, PenPad will offer compliance tools so that Web3 projects can integrate with real-world applications and services.

For example, PenPad incorporates “deposit managers” and “screeners,” which are designed to find and stop illegal fund transfers. Not only will projects have the ability to protect user data in compliance with consumer protection laws, but they’ll also be able to abide by AML regulations or other laws.

PenPad will allow projects to keep asset storage and execution separate through Teller and Handler contracts to make reporting more simple. In other words, PenPad offers the security and compliance that Web3 projects need to begin rewriting how finance is done globally.

Proof-of-Humanity Systems

Besides transaction privacy, PenPad lets users take control of their on-chain identity. PenPad will provide a robust zk-login to applications that will allow them to preserve user privacy while fulfilling KYC and AML laws. This system will work together with existing authentication systems used by social media platforms and email, even with device biometrics, to ensure a genuine person is behind the account and protect platforms from spam by bots.

As on-chain (and online) identities become increasingly important, privacy also becomes more important. On PenPad, you can build projects that will give users control of their identity, advanced protection against cyber attacks, and a way to comply with consumer protection laws requiring personal data protection.

Initial Progressive Ownership & Fair to Play

Technology is just one facet of a successful initiative; the other critical component is a robust community. PenPad revolutionizes the launchpad scene with our innovative Initial Progressive Ownership model, moving beyond traditional fair launches. We introduce a PenPal points system that ensures active contributors are recognized and rewarded, fostering a sense of ownership and commitment. Our platform empowers users to earn token allocations through the accumulation of PenPad points, adding a layer of engagement and reward for active community members. This not only enhances the gaming experience but also reinforces the project’s integrity to its early supporters, securing their engagement over a more extended period.

Account Abstraction

PenPad empowers developers to harness account abstractions in their dApps. By enabling user accounts to function as smart contracts, developers can infuse sophisticated logic and automation into their applications. This capability allows for more dynamic user interactions, MPC security features, and streamlined user experiences. Account abstraction can also be used in conjunction with other zk functions to increase both privacy and compliance on-chain.

Scaling Ethereum

As zkEVM, Scroll offers builders the throughput they need to build powerful DeFi applications that can handle RWAs. Building on scroll through PenPad means that dApps will be plugged into the largest Web3 ecosystem, with access to liquidity and partnerships that other ecosystems can’t match.

Building the Future Requires Futuristic Solutions

In summary, PenPad is more than just a launchpad; it’s a platform that empowers builders to create adoption-ready dApps with scalability and regulatory compliance in mind. By leveraging PenPad and Scroll’s technology, builders can unlock new possibilities and create projects that can change the world.

PenPad leverages Scroll’s built-in zero-knowledge technology to empower developers to build privacy into the dApps. It allows them to use zkLogins, proof-of-humanity systems, and verifiable randomness on-chain, laying the foundation for a decentralized web and world. Fair launch tools mean that projects can quickly attract and build the communities they need to be successful.

This next market cycle looks to be different from previous ones. Not only are macroeconomic trends different, but Web3 technology and communities seem poised to move into the real world at last. PenPad is here to accelerate that trend, using zero-knowledge cryptography to take crypto to the next level.

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