Introducing SuiPad, the Premier Launchpad on Sui Network

SuiPad is The Premier Launchpad for Tier 1 Projects on Sui, the first permissionless Layer 1 blockchain that cater to the next billion users in web3. As the Official Launchpad Partner of MystenLabs, we aim to solve a few major problems:

Lack of Information about IDO Projects

· Most AMA and project information favors the project owners more. IDO investors need to know whats happening behind the scene

Token Price Falls below IDO Price

· Many IDO Participants suffer from tokens dumping right after TGE, especially in bear market

​SuiPad Main Features

Easy IDO Launchpad

We try to simplify the IDO subscription: Eligible participants will have 48 hours to commit the USDC / USDT / SUI to the IDO pool and get tokens automatically after IDO ended, at the same time we are giving high priority to both UI and UX. We feel that this is one of the most important factors to onboard new(bie) users to the Sui ecosystem.

Sui Tank

An educational and entertaining Web3 Shark Tank series. With 6 VC panelists ready to grill the project owners from ground up so that participants can see the real deal behind every projects, eliminating the camouflage that most projects tend to do nowadays.

SuiPad Shield Insurance

An innovative insurance feature to safeguard participants’ principal capital, tailoring to everyone’s risk appetite

​Get to know SuiPad!

SuiPad platform will be an all-in-one solution for SuiPad, with integrated wallet, vesting marketplace and transaction management. All major Sui wallets will be supported. ​

For Projects

SuiPad is the largest curated decentralized launchpad on the Sui Network. With Sui building the safest and most scalable Layer 1 blockchain for the next billion users, SuiPad is engineered from the ground up to empower Sui projects by offering a strategized token launch experience with customized launch model, time period, accepted token types and auction algorithms. SuiPad only succeeds if our launchpad projects succeed.​

For Launchpad Participants

Decentralization and Community is the ultimate driver of the Web 3.0 economy, and with SuiPad innovative launch models, we have combined tier-based and lottery allocation to ensure fair rewards distribution for all token holders. That said, we also understand participating in launchpad IDOs is a high risk — high reward activity hence we offer insurance protocol to safeguard investors’ principal capital.

​What are IDOs?

Tokens in the round called Initial DEX Offering (IDO) will be issued in a fully autonomous and decentralized manner through the use of smart-contracts. With SuiPad, projects will be able to raise liquidity cheap and fast. Users will be able to participate in a secure, risk- adjusted environment, as well as supercharging the next wave of crypto projects on the Sui Network.

Our Selection Process

We believe in great team and great product. We are super excited to see projects with amazing communities. While there are a lot of criterias to look at when we select a project, we are most interested in great minds, teams, innovation, with all the checkbox below being checked:

-Backers (vc, partners, advisors)

-Finance (burn-rate, fundraised, projected revenue)

-Product (pain-point, product-market-fit, innovation, DAU, MAU)

-Economics (revenue model)

-Tokenomics (structure, vesting schedule, initial circ supply, inflation rate)

-Marketing (go-to-market strategy, growth strategy)

-Community (statistics, engagement, regions)

-Listing plan (Dex, Cex)

-Liquidity (total liquidity vs selling pressure)

-Market maker

-Legal (KYC, AML)

SuiPad Shield

SuiPad Shield allows the ambitious and carefully selected projects to utilize such feature within their launch strategy, while also protecting SuiPad Investors from any tokens dump

Participating in launchpad IDOs often get you high reward but also associated with certain risk, hence we introducing SuiPad Shield to safeguard participants’ principal capital, giving everyone a peace of mind.

How SuiPad Shield Works?

Currently in the market, most launchpads/IDO platforms do not have protection in place to safeguard users’ principal capital against volatility when investing in newer crypto projects, making it an extremely high risk activity for IDO participants.

At SuiPad, we have engineered an Insurance feature to protect the user’s principal capital. For example, if a user buy the IDO round of a launchpad project, the user can choose to add 15 % of invested funds to buy insurance. The insurance fee will then be sent to the SuiPad Shield Pool. The SuiPad Shield Pool will then 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 SuiPad Shield Pool will cover the differences to the user, so the user’s principal capital is well protected. On the other hand, if the project does well, the user’s return will be infinity% — 15% paid in insurance costs.

Insurance Protocol Mechanism

  • Launchpad participants can decide if they want to purchase SuiPad Shield

  • All the insurance fee will go to the insurance pool directly

  • The fund will be used to repay the loss of IDO investment After 7 days, DAO will calculate the average peak price of 7 days (UTC+0).

  • If the average peak price dropped below the IDO price, the difference will be covered. If the insurance pool do not have enough funds to repay the debt, fund raised from project IDO will be used.

  • If the insurance pool is not utilized, it will be accumulated for the subsequent launches.

Example:

  • Project: ABC

  • IDO Price: $1

  • Allocation size: 500 usdc

  • Insurance fee: 75 usdc (15% of allocation size)

  • The 75 usdc will go into insurance pool.

  • After IDO, the average peak price of ABC after 7 days = $0.7

  • SuiPad Shield activated, (($1 — $0.7)*500 usdc) = 150 usdc claimable

SuiPad Staking & Tiering

SuiPad Tier System is one of the core of SuiPad Platform, ensuring certain level of commitment and allowing stakers to participate in project IDO.

SuiPad Staking & Tiering go hand-in-hand. To qualify for a specific tier, you must stake tokens on SuiPad. Now let’s dive into tokens staking:

There are 6 tiers, namely:

  • Ruby: 2,500 SUIP staked

  • Sapphire: 5,000 SUIP staked

  • Emerald: 10,000 SUIP staked

  • Diamond: 30,000 SUIP staked

  • Crown: 50,000 SUIP staked

  • Sui: 100,000 SUIP staked

The more SUIP you stake, the higher tier you earn, the bigger allocation size you get for project IDO.

There will be a 15 days of cool-down period after staking.

We constantly review our tiering, weightage and distribution mechanism to ensure the most fair model for our community.

SuiPad Lock & Multiplier

SuiPad Lock Multiplier system enables SUIP stakers to enjoy a higher tier without having to stake additional tokens.

When you lock your staked SUIP for a predefined term, you’ll be able to enjoy a multiplier to your staked SUIP

There are 3 locking terms you can choose, each with a set multiplier:

  • 3 months → 1.3x Multiplier

  • 6 months → 1.5x Multiplier

  • 12 months → 2x Multiplier

Eg: Kelly who staked 2500 SUIP (Ruby tier), decided to lock the staked SUIP for 12 months, she will then receive a 2x multiplier for her staked SUIP resulting the smart contract recognizing it as 5000 SUIP (2500 SUIP x 2), hence she is now getting the Sapphire tier. 12 months later, Kelly’s staked SUIP is now unlocked, she will get her tier refreshed from Sapphire back to Ruby, and she can unstake the 2500 SUIP that she staked one year ago.

This Lock Multiplier mechanism allows our committed community to be able to earn a higher tier without having to stake additional tokens, at the same time contribute to overall governance of SUIP.

SuiPad Shark Tank (SuiTank)

SuiTank is a reality show series in which Web3 builders pitch their business to a panel of venture capitalists to secure investment from them. This is so-called the Web3 Shark Tank.

The show features a panel of experienced VC, termed as “Sharks”, who listen to builders’ pitches for their business or product. These VC will judge the business concepts and products pitched and then decide whether to invest, live on the show.

The participants are Web3 builders, product designers, or service operators who have what they consider to be a viable and potentially very promising project, but who lack funding and/or business acumen.

Before the show, the participants have named a specific amount of funds they wish to get along with a % in the project that the participants is offering to sell to the VC. The rules stipulate that if they do not raise at least this amount from the sharks, they get nothing.

The sharks probe the idea further once the participants has made the presentation. This will either reveal a sound business proposition resulting in an investment offer from one or more of the sharks or a withdrawal from the transaction by all of the sharks.

SuiTank is a reality show which is meant to be a educational program for community to learn from the experienced VCs on how to analyze a project, and a platform for builders to showcase their products and eventually raise funds. Stay tuned for SuiTank!

SuiPad Academy

SuiPad Academy is a 16-week full online Web3 coding bootcamp that trains people to become Web3 developers.

We offer full-time, 16-week program that covers the front end and back end technologies, computer science fundamentals, as well as Web3 development that includes SuiMove as the core. Remote classes are live and interactive, and include one-on-one help, professional mentorship, opportunities to build real products, and frequent code reviews.

We also help students find employment within Web3 space by providing interview preparation, portfolio review, effective resume writing tips, and salary negotiation practice.

To participate, students will need to purchase $6,000 worth of $SUIP tokens and stake on SuiPad throughout the 16 weeks of learning.

Roadmap

Q4 2022

  • Base platform launch: new website, tradable Launchpad UI

  • Community Building

  • Mass Marketing

Q1 2023

  • SuiPad on Tesnet

  • Multiple wallet integration

  • Testnet IDO for multiple projects on Sui

  • Continuous marketing push and community building

Q2 2023

  • SuiPad on Mainnet

  • $SUIP IDO

  • Staking pool and SuiPad Shield

  • 1st batch of IDO (4 projects)

Q3 2023

  • Production of SuiTank first season (8 Episodes)

  • SuiTank first season on air

  • 2nd batch of IDO (8 projects)

  • 1st Cohort of SuiPad Incubation Program

Q4 2023

  • 1st Cohort of SuiPad Academy

  • 2nd Cohort of SuiPad Incubation

  • 3rd batch of IDO (8 projects)

  • Production of SuiTank (second season)

Stay connected

Follow our official social media accounts to stay up to date.

Twitter: https://twitter.com/SuiPadxyz Discord Channel: discord.gg/suipad

Important

We do not have Telegram group! Be careful of fake Telegram groups trying to impersonate SuiPad. The token is currently not purchasable anywhere. Always verify that in our official discord.

Subscribe to ajimaulana.eth
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.