In the ever-evolving world of blockchain, the launch of a new project can make or break its future success. The launch process has become increasingly complex, with projects facing issues such as time-consuming token sale processes, lack of information about IDO projects, and token prices falling below the IDO price. SuiPad aims to solve these problems and more by providing a community-centric launchpad for innovative blockchain startups on the Sui network.
With the launch of the Sui Network’s Mainnet last May, SUI tokens have become available on multiple exchanges, including Huobi, KuCoin, ByBit, OKX, Binance, and Poloniex. This success has garnered massive support from investors globally, generating interest in other projects within the SUI ecosystem, particularly SuiPad.
SuiPad simplifies the IDO subscription process, allowing eligible participants to commit USDC/SUI to the IDO pool for automatic token allocation after the IDO ends. It also offers an innovative insurance feature called SuiPad Shield, tailoring to different risk appetites of participants. The Web3 Shark Tank, another SuiPad feature, involves six panelists grilling project owners to help participants understand the real deal behind every project. The platform is an all-in-one solution with an integrated wallet, vesting marketplace, and transaction management, supporting all major Sui wallets.
For projects, SuiPad is the first decentralized launchpad on the Sui Network, offering a customized launch experience with strategized token launch models, time periods, accepted token types, and auction algorithms. SuiPad is engineered to empower Sui project owners, ensuring that their success is the platform’s success.
For Launchpad Participants, SuiPad provides a fair reward distribution mechanism combining tier-based and lottery allocation, holding escrow for project funds to safeguard investors’ principal capital. Decentralization and community drive the Web 3.0 economy, and SuiPad is committed to both.
SuiPad also revealed the next 3 phases of its launch this year:
- Production of SuiTank’s first season (8 Episodes)
- SuiTank first season on the air
- 2nd batch of IDO (8 projects)
- 1st Cohort of SuiPad Incubation Program
- 1st Cohort of SuiPad Academy
- 2nd Cohort of SuiPad Incubation
- 3rd batch of IDO (8 projects)
Furthermore, Its latest partnership with Kairon Labs, also one of its early investors, aims to support SuiPad’s ecosystem by providing liquidity to its launchpad projects, ensuring a smooth trading experience for market participants.
Kairon Labs will assist SuiPad‘s launchpad projects by providing liquidity to the markets, reducing price volatility, and increasing market efficiency. This partnership will benefit both SuiPad’s launchpad projects and its participants, as it will increase trading volume and liquidity, resulting in a better trading experience.
Jens Willemen, Managing Partner of Kairon Labs comments, “Our partnership with SuiPad is also geared towards our common commitment to the growth and development of the Sui Ecosystem. We hope that this collaboration represents a significant step towards achieving this goal by providing innovative solutions that support the success of Sui-based projects.”
SuiPad is the only Official Launchpad Partner of MystenLabs, aiming to become the go-to Premier Launchpad for Tier 1 projects on Sui. SuiPad has completed $1.155 million in fundraising, jointly participated by NGC Ventures, GBV Capital， Cogitent Ventures， Rarestone Capital， Kernel Ventures, Kairon Labs， NewTribe Capital, Moonrock Capital and etc.
SuiPad’s launchpad is a promising platform for blockchain startups looking to launch their project on the Sui Network. With SuiPad’s community-centric approach and innovative features, the next unicorn on Sui may just be launched through SuiPad.
Learn more about SuiPad:
- Website — https://suipad.xyz
- Discord — discord.gg/suipad
- Twitter — https://twitter.com/SuiPadxyz
- Gitbook — https://docs.suipad.xyz/
Learn more about Kairon Labs: