FAQ

General 

What is Polkapad?

Polkapad is a launchpad designed to draw attention to your project from the polkadot community.

Generally, launchpads are crowdfunding platforms that consist of diverse users who make crucial commitments (time, money, and effort). These commitments can bring 100,000 highly motivated users who propose very early entry on attractive terms and selected ready-to-go projects. As a result, the leading launchpad platforms can offer up to 40 high-quality projects per year. With this setup, launchpads become the assembly point for new infrastructures. 

Almost 100% of the largest launchpads are EVM-based, with the vast majority based on Ethereum and BNB smart chain. However, there is no Polkadot-specific launchpad at this time. Polkapad’s mission is to solve this and connect the best projects with the best community. Polkapad collects all active members from all the parachains and provides them with the best dApps. It also helps dApps connect to a broader community instead of forking/testing every parachain available. It serves as a one-stop base for all Layer 1 projects. 

Polkapad is parachain-agnostic, thanks to the XCM technology. Additionally, Polkapad is a community-first system that uses a “fair-distribution” model and separate pools for the users.

What are the core features of Polkapad?

Polkapad provides the Polkadot community with access to promising projects that need funds, and most importantly, basic marketing. First of all, we see our role as an accomplice of the mass adoption of Polkadot projects. We want the active community of Polkadot to be able to invest in the most profitable projects as efficiently as possible.

Everyone can apply to participate in the sale, however, we, for our part, conduct an expert assessment of the project and decide whether we can conduct the sale or not. It’s important for us to not disappoint the community and give them the opportunity to earn money, so if the project does not seem trustworthy to our managers, we will not take it for sale.

To participate in the sale, users will need to lock a certain amount of DOT – the native Polkadot tokens. With one and the same lock, you can participate in several sales at once. The rules and conditions of each sale are defined and announced separately.

You can also find the staking feature of our native PLPD token. This feature is not active yet, it will be implemented immediately after the release of the token.

What are your active parachains?

Polkapad is a parachain agnostic launchpad, which means that in the future we will scale to all parachains of the Polkadot system. We started with Gear because it provides us with WASM-based smart contracts on Polkadot which would be essential for smooth, on-chain execution of the decentralized launchpad functionality. What’s more, Gear will have a native environment to help build dApps and deploy them on-chain; so this combination is ideal for what we’re trying to do. The next to be added are Shiden and Astar.

When will Polkapad be available at Kusama and when at Polkadot itself? 

We plan this to happen in Q4 2022, stay tuned to not miss a thing!

Which wallet is applicable? How do I install it?

You will need to set and verify two wallets: one Web3 wallet (Metamask, Trust Wallet, etc.) with BSC connected and Polkadot.js wallet. You will need a BSC wallet to deposit funds to the locker, and a Polkadot wallet to receive rewards.

How do I start with the Polkapad platform?

To register on the platform, you will need to set and verify two wallets: one Web3 wallet (Metamask, Trust Wallet, etc.) with BSC connected and Polkadot.js wallet. You will need a BSC wallet to deposit funds to the locker, and a Polkadot wallet to receive rewards.

Registration is quite simple – follow the steps, they are intuitive. After registration and verification, you will need to pass KYC. This procedure is implemented to avoid scams and multi-accounts, in order to make events on our platform as fair and safe as possible for everyone. Without identity verification, you will not be able to participate in sales.

What DEX will be in use for crowdsales tokens?

Token&Tokenomics

What is a Polkapad token?

The release of the $PLPD token is scheduled for Q4 of 2022, in the Gear network. $PLPD is a utility token, it will not have a governance option. Total supply is 100mln PLPD, seed price was 0.1$, private 0,3$, IDO price to be announced later. Public distribution is implied. For the team, we plan a token lock for 18 months, while for investors — 12 months. Closer to the release of the token, we will provide all the necessary information, do not miss the news!

How do I buy your token?

The seed and private rounds are already concluded. Next up are several more rounds. We will be having a standalone pre-launch sale on the platform, which you can already get a hint of if you go to the dApp and follow to the Locker tab. Then we are planning on participating in a Kusama crowd loan together with another company; and there will be more after we launch the mainnet. 

What are token utilities?
Can I migrate your token on other blockchains?
Can I stake your token?

Yes, you will be able to stake $PLPD on our platform.

How to find you on CMC or CoinGecko?
Crowd sales
How do I participate in the Polkapad sale events?

First of all you need to register on the platform and proceed to KYC. You will need to install two wallets: one for depositing funds and one for receiving rewards. 

Do you have the event calendar?

Not yet. This is due to both the development of the platform and the onset of the bear market. Unfortunately, many projects are now postponing their crowdsale events due to unfavorable conditions, and we – just like all other market participants – will have to wait out this winter.

Which projects have you hosted recently?

What is regressive allocation?

The detailed process is described in the whitepaper. Check it out here: https://polkapad.network/docs/general/whitepaper/ 

To put it simply, we give priority to small and medium investors. As the amount of staking increases, the allocation percentage itself decreases, which allows you to have 10 million wallets with 10 tokens instead of 10 wallets with 10 million tokens each. This boosts the project, the community, etc., and people really control the development and growth, there are no monopolists and whales. Today, it is especially interesting from the point of security and attack resistance.

Do you check the projects you host?

Yes. Before allowing a new project on the launchpad we always provide our own expertise. We have no intention to multiply scam platforms and lose our community trust for some malicious teams. We analyze WhitePaper, MVP, technology, team, tokenomics, roadmap and an overall potential of a project.  

Why do I have to take KYC? Is it safe?

KYC is necessary to take part in events. Until you are fully verified, we will not be able to let you participate in sales. This is done to protect your identity from scams and personality and/or funds theft. KYC also allows us to track multi-accounts and not let them on the events. We encourage fair play for all investors. 

How do I apply for an IDO on your launchpad?

Please, follow the link: https://polkapad.network/projects/

You will need to fill in a short application form and wait for our manager to contact you!

Does my project have to be on the Polkadot network only to be launched on your platform?

DAO&Community

Do you have a Governance system?

No, $PLPD will not be a governance token.

How do I join your community?

Hop in! Telegram | Polkapad Official Community Chat | Twitter

Do you have a Referral program? Do you have an Ambassador program?

Both of these are scheduled for Q3 this year, but if you are a public figure in the Polkadot space, you can already contact us, and we can start our cooperation even before the program opens to everybody. Drop a DM to @latoporta in Telegram.

Tell us about your partners

Not yet, we will reveal more information later.

What other way will you make your project more popular except AMA sessions?

We are in the very beginning! There is a lot coming soon! Stay tuned and follow us in our social 

How many tokens will be minted and How many tokens will be locked by the team?

We plan to issue 100M tokens, with public distribution implied. For the team, we plan a token lock for 18 months, while for investors — 12 months. Closer to the release of the token, we will provide all the necessary information, do not miss the news!

Do you have any plans to attract non-crypto investors to join your project and what are the plans to raise awareness about your project in the non-crypto space?

If you are talking about fiat fundraising – than no. We work in crypto industry, so you at least need to have some crypto in your account, which automatically makes you a crypto investor.

Security and anonymity are always prioritized by BlockChain projects in the development of project platforms and technologies. So, does you have any technological solutions or plans to enhance user trust in these issues?

This is why just recently we introduced the KYC solution. It helps to protect your identity and funds from theft, and for us it gives an opportunity to avoid scams and multi-accounts!

What is the reason for choosing such a name for your project and what does it mean?

We wanted to make it clear that we are particularly targeting the Polkadot community, and at the same time we wanted to be clear that we are a launchpad. So we united these two, and ended up with Polkapad. That simple!

Are you planning to promote your project in countries/regions where English is not good and do you have a local community for them to better understand your project?

Of course! We are an international company, and plan to cover as many regions as we can. If there is a language barrier that prevents users from using the platform, we will consider localization.

Could you tell us how else Polkapad will support new projects after the IDO?

This is not our business. Our task is to attract the primary audience, but before inviting the project to the sale, we evaluate the project’s capabilities so that it continues to develop after the sale due to new users and new investors. 

Is your project’s community only for English speaking countries? 

Our main language is English, yes. But if we see a strong demand from the community, we might consider localizing our website onto some other languages.

What are few killer features of your project to investors?

We have been working hard on the fair allocation distribution for our investors and have made a real breakthrough in the world of conventional lunchpads by introducing regressive allocation. We are preparing a large material on this topic, subscribe to the channels, follow the announcements!! Be the early bird to test this feature first!

Do you have user manual or short videos that would guide potential users of the project to safely navigate your platform?

We are constantly working on the contents and right now developing our own YouTube channel! You will all the guides in detail there!

How do you stay cool in the current situation on the cryptocurrency market?

Market runs in circles, this is not the first crypto winter we are seeing. Just wait and this period will pass. 

How can we buy this token? Is it available on any exchange?

You will be able to buy tokens on the sale which will soon be announced in our official socials! Register on the website to get whitelisted! Don’t forget to verify your wallets!

Who is the team behind Polkapad?

We gathered a team of people loving the idea of Polkadot. A group of distinguished professionals with deep expertise and interest in the development of the new ecosystem. We admire the community of the Polkadot and really think these people deserve to have full access to all the best projects the blockchain provides. We are constantly searching and hiring new people looking for the best on the market. Within our company we also practice corporate learning to keep our employees educated about the whole technology.

What are your plans for the next few years?

What are the major milestones you have achieved so far?

Applying the startup 

I have an idea

We already have

Projects that we are looking for 

….

Troubleshooting

Poldadot wallet doesn’t working

I reject Polkadot wallet connection

How to change my adress

How to change my emeail

KYC reject me

What’s the secret key during sign up? 

The secret key will be sent to your email from that link you use it to complete verification

Do I need to stake any token to take part in IDO? 

of course you will be expected to stake during polkapad IDO it will be $plpd token but after that to join IDOs on the polkapad platform you will need to stake $plpd if you are in mono pool or you will stake two tokens $plpd and the corresponding parachain token if you are in double pool.

Have you guys launched your tokens already? If no, what stage is it? SEED? PRIVATE? Public? 

No token has not been launched yet the IDO is coming in Q4 this year so stay tuned

Where can I complete the KYC?

Go to polkapad website then click on go to dapps button on the top upper right corner from there you will find where to start your KYC there are 3 stages first is personal verification put your name and email to verify then verify your wallet then the last is KYC. Note wallet address verification and KYC is only supported on PC only. I hope this helps you any further questions let us know

Can you make a brief introduction about yourself and the Polkapad?

 

Polkapad aims to be the first specific launchpad platform for Polkadot in its classic interpretation, where developers can gain new users, and the community can join interesting projects. Polkapad provides its expertise and intelligence to find the best products out there and launch them to the wider Polkadot community. 

 

We help with marketing, tech, token mechanics, and community-building strategy. And allow you to develop a successful project with natural and sustainable growth. Polkapad aims to help the next cohort of developers kickstart the most exciting crypto projects for Polkadot. Our launchpad welcomes you into a ready community around which you can center your product, test MVP and kickstart sustainable growth.

 

Polkapad’s goal is to create a unique model for the development of a specific project and its community-focused on Polkadot. We also strive for the following:

  • Polkapad provides community innovations that create the “future-proof”.

  • Dynamic staking model that uses only a part of the active holders.

  • Regressive allocation model that prioritizes low-ticket newcomers.

  • Native connection pools with LP tokens that provide an opportunity to impact parachain circulation supply.

 

What’s the motivation for starting this project?

 

The motivation for the creation of the project was the friendly community of the Polkadot ecosystem, which cannot unite in any way! There is really a problem here, because the very structure of the Polkadot serves a disparate community, and this is where a natural question arises – how to ensure fundraising and mass adoption? A heterogeneous launchpad had to emerge sooner or later, and it did – this is Polkapad.

 

Our goal is that projects that are launched on Polkadot do not depend on the parachain on which they are created. Because for the end user, as well as for the investor, this is not important at all. They are not interested in the technical backend, they want to make money. And the project does not care which parachain the user supported, it needs investments and recognition. If this problem is not solved, Polkadot will not be able to scale for a very long time, and as a result, it will forever lag behind other blockchains.

 

What are the Main Features that distinguish Polkapad from its competitors?

 

Polkapad can help you with the following:

 

Development – we will help you to implement a number of important points on which future development and success depend.

  1. A fair and transparent token distribution model.

  2. Communities Interested in Management tokens:

  • The bright and predictable future of a startup.

  • Demand and limited supply of the startup’s currency.

  • Commitment from community members (with work, time, or resources).

  • A solution that allows participants to get their tokens quickly and use them freely.

 

Creating a community – we will help you create a strong and stable community that will be interested in the future of the application. We cover such important points as:

  1. Collect more than the critical number of community members (Typically more than 10x the projected number of future buyers).

  2. Create demand and provide a limited supply of tokens to some connected resources.

  3. Provide supply, mainly for the participants with commitment (money, time, or work. It helps to choose participants who value the tokens).

  4. Provide liquidity for the currency.

  5. Boost the token price with marketing and market-making.

  6. These items are cost-intensive, requiring long hours of work and impressive marketing skills. Most technical teams can’t do it, but many low-on-tech projects can. 

 

Staking – Polkapad solution can be useful to you in the following:

  1. Participants hold tokens rather than discard them.

  2. Participants tend to keep all of the tokens long-term.

  3. Fair rules attract more players. 

  4. Commitment-based methods provide transparent strategies and predictable results.

  5. Infrastructure tokens that have predictable usage and long-term demand.

  6. An active community that holds native tokens.

  7. Additional usage models. (based on the holders)

 

What is the role of token in your ecosystem? Could you tell us a bit about the tokenomics of your project?

 

The release of the $PLPD token is scheduled for Q4 of 2022, in the Gear network. $PLPD is a utility token, it will not have a governance option. We plan to issue 100M tokens, with public distribution implied. For the team, we plan a token lock for 18 months, while for investors — 12 months. Closer to the release of the token, we will provide all the necessary information, do not miss the news!

 

Can you please provide some progress on your Roadmap and what results Polkapad has achieved so far? And any sneak peek into 2022 plans for Polkapad?

 

Our biggest milestone so far is of course the launch of the application. We have already introduced the registration and wallet connections, and also recently released the KYC option. We are ready to onboard our first users and welcome them!

 

You do not have to take the KYC procedure right away. Though you will not be able to participate in events until you are fully verified, as long as we do not have any ongoing events you can stay as you are. I would like to emphasize that KYC was implemented in order to protect you from identity or funds theft. And also to protect us from multi-accounting scams, which in fact also benefits the final user!

 

As for the plans, let’s start with the sale, which is of the most interest to users. The seed and private rounds are already concluded. Next up are several more rounds. We will be having a standalone pre-launch sale on the platform, which you can already get a hint of if you go to the dApp and follow to the Locker tab. Then we are planning on participating in a Kusama crowd loan together with another company; and there will be more after we launch the mainnet. We plan to release Polkapad on Kusama and Polkadot in Q4 2022.

 

—————

 

@kevinsalom1

I read that Polkapad aims to be the first Polkadot specific launch pad, so what kind of problems do you solve for Polkadot specifically? How will your project benefit the polkadot ecosystem and why will its implementation make a difference?

 

Polkapad is a launchpad that collects all active members from the parachains providing them with the best dApps. It also helps dApps connect to the broader community rather than forking/testing every parachain available. In short, Polkapad serves as a one-stop base for all parachain (layer 1) based projects.

The main problem that Polkapad seeks to solve is that Polkadot delegates working with community and the dApp launches to the parachain itself, leading to community fragmentation. This prevents new dApps from connecting with a massive community from the whole Polkadot ecosystem.

 

In short, Polkapad is an assembly point for the Polkadot ecosystem, and it utilizes all of Polkadot’s core strengths:

  • Industry-specific parachains

  • XSM technology

  • Heterogeneous multi-chain – all-for-one wallet with the same signing with layer 1 agnostic.

  • Continuously changed layer 1

 

@Babycrypto14

How will Polkapad provide a fair ranking system to reward its passionate members? What are the events you are doing, and the ones you have in mind, to make your community feel engaged in the development of Polkapad?

 

We are at the very beginning of building a strong community, so for now we are moving baby steps. For example, every week you can participate in fun quizzes in our social media and win $DOT! Very soon we will start the ambassador and referral programs. In addition, if you are a loyal and dedicated member of our community, you will have a guaranteed allocation bonus! Subscribe to our social networks, newsletters, pass verification and you will find yourself in a very advantageous position!

In general, there are a lot of interesting things ahead!

 

@Babycrypto14

Will you implement an insurance program to protect investors and their funds from failed projects making refunds of their original allocation amount? What are the criteria set before any projects come to apply for listing on your Launchpad,will they be fully vetted?

 

No, our task is to bring the audience to the project and introduce them, so to speak. We cannot guarantee the viability of all projects that participate in sales on our site. However, we can guarantee that we thoroughly check the project before we open the sale. Here you can be!

 

@riponluck

I believe we will have a launchpad and eventually $PLPD holders will vote on which projects will be launched (when DAO is fully functional), correct? Are there any planned incentive (to holders/stakers) who bring/mediate new projects to be launched?

 

We do not have and do not plan to have a DAO. However, we will always listen to the opinion of our community in matters of project selection. To do this, we have a questionnaire, based on the results of which we form the comprehensive picture of user preferences. Make sure to fill it out so that we understand what exactly you are interested in seeing on sales!

 

@rony35602618

Do you have AUDIT certificate for your project? 

Or,  Are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?

 

Our smart contract has not yet been released for production and has not yet been audited. We plan to do this at the end of the summer of 2022, and of course, before releasing the smart contract to the public, it will pass all the necessary checks. User safety is our priority, and we will not allow mistakes and bugs in the contract!

 

Before we start with the first question, can you tell us a little bit about yourself?

 

Start session 1 AMA.

 

Q1: Please briefly explain the project for those who don’t know ?

 

Polkapad aims to be the first specific launchpad platform for Polkadot in its classic interpretation, where developers can gain new users, and the community can join interesting projects. Polkapad provides its expertise and intelligence to find the best products out there and launch them to the wider Polkadot community. 

 

We help with marketing, tech, token mechanics, and community-building strategy. And allow you to develop a successful project with natural and sustainable growth. Polkapad aims to help the next cohort of developers kickstart the most exciting crypto projects for Polkadot. Our launchpad welcomes you into a ready community around which you can center your product, test MVP and kickstart sustainable growth.

 

Polkapad’s goal is to create a unique model for the development of a specific project and its community-focused on Polkadot. We also strive for the following:

  • Polkapad provides community innovations that create the “future-proof”.

  • Dynamic staking model that uses only a part of the active holders.

  • Regressive allocation model that prioritizes low-ticket newcomers.

  • Native connection pools with LP tokens that provide an opportunity to impact parachain circulation supply.

 

Q2: Can you tell us more about how Polkapad works? What problems is Polkapad solving in blockchain?

 

The motivation for the creation of the project was the friendly community of the Polkadot ecosystem, which cannot unite in any way! There is really a problem here, because the very structure of the Polkadot serves a disparate community, and this is where a natural question arises – how to ensure fundraising and mass adoption? A heterogeneous launchpad had to emerge sooner or later, and it did – this is Polkapad.

 

Our goal is that projects that are launched on Polkadot do not depend on the parachain on which they are created. Because for the end user, as well as for the investor, this is not important at all. They are not interested in the technical backend, they want to make money. And the project does not care which parachain the user supported, it needs investments and recognition. If this problem is not solved, Polkadot will not be able to scale for a very long time, and as a result, it will forever lag behind other blockchains.

 

Q3: What are the outstanding features of the Polkapad project compared to other projects?

 

Polkapad can help you with the following:

 

Development – we will help you to implement a number of important points on which future development and success depend.

  1. A fair and transparent token distribution model.

  2. Communities Interested in Management tokens:

  • The bright and predictable future of a startup.

  • Demand and limited supply of the startup’s currency.

  • Commitment from community members (with work, time, or resources).

  • A solution that allows participants to get their tokens quickly and use them freely.

 

Creating a community – we will help you create a strong and stable community that will be interested in the future of the application. We cover such important points as:

  1. Collect more than the critical number of community members (Typically more than 10x the projected number of future buyers).

  2. Create demand and provide a limited supply of tokens to some connected resources.

  3. Provide supply, mainly for the participants with commitment (money, time, or work. It helps to choose participants who value the tokens).

  4. Provide liquidity for the currency.

  5. Boost the token price with marketing and market-making.

  6. These items are cost-intensive, requiring long hours of work and impressive marketing skills. Most technical teams can’t do it, but many low-on-tech projects can. 

 

Staking – Polkapad solution can be useful to you in the following:

  1. Participants hold tokens rather than discard them.

  2. Participants tend to keep all of the tokens long-term.

  3. Fair rules attract more players. 

  4. Commitment-based methods provide transparent strategies and predictable results.

  5. Infrastructure tokens that have predictable usage and long-term demand.

  6. An active community that holds native tokens.

  7. Additional usage models. (based on the holders)

 

Q4: Can Polkapad team please update some Polkapad latest news or major events to attract more users?

 

Our biggest milestone so far is of course the launch of the application. We have already introduced the registration and wallet connections, and also recently released the KYC option. We are ready to onboard our first users and welcome them!

 

You do not have to take the KYC procedure right away. Though you will not be able to participate in events until you are fully verified, as long as we do not have any ongoing events you can stay as you are. I would like to emphasize that KYC was implemented in order to protect you from identity or funds theft. And also to protect us from multi-accounting scams, which in fact also benefits the final user!

 

Q5: Can you tell us more about the Polkapad roadmap? What stage is Polkapad reaching now?

 

As for the plans, let’s start with the sale, which is of the most interest to users. The seed and private rounds are already concluded. Next up are several more rounds. We will be having a standalone pre-launch sale on the platform, which you can already get a hint of if you go to the dApp and follow to the Locker tab. Then we are planning on participating in a Kusama crowd loan together with another company; and there will be more after we launch the mainnet. We plan to release Polkapad on Kusama and Polkadot in Q4 2022.

 

Referral and Ambassador programs are both scheduled for Q3 this year. You can already contact us if you are a KOL though.

 

Our first sale will be huge! I really suggest you all to at least follow us to know what we are preparing!

 

Session 2: Question From Twitter

 

Q1: One of the elements that got my attention about Polkapad is that you require a KYC verification in order to use the platform, so considering this you’re decentralized, why do you require a KYC? From: @rohim44io

 

KYC (Know Your Customer) is the procedure required to participate in crowdsales on the Polkapad platform. KYC will help us protect you from identity or funds theft, loss of funds, financial fraud and scams. There is no need to be afraid to take KYC, this is done solely to protect your identity, as well as our platform from unscrupulous users.

The whole process is very simple and will only take a few minutes.

 

Q2: I noticed that #Polkapadnetwork provides “Insurance via bailouts” to its users; could you tell us more about this? What exactly does this insurance scheme cover and how does it work? What types of scenarios can it be applied to? What are the advantages for users? From: @langitberwarna

 

We have never promised something like this and do not understand where the information comes from. The idea is good, but it is not ours. And what is also likely is some kind of scam that mimics us. We will be happy to find out where you got this information from, and for our part, we ask you to be very careful and monitor whether the official account really writes this.

 

Make sure to subscribe to our official socials so that you never catch any scammers:

Polkapad app | Telegram | Polkapad Official Community Chat | Twitter

 

Q3: You say that Polkapad is “An Advanced Launchpad”. Can you share what improvements Polkapad has over existing Launchpad platforms? How is it better? What features does your “Fair allocation model” feature to help Polkapad become more transparent and clear? From: @mostofasefforts

 

To put it simply, it means that when your verified solvency is $100, you get a $1 token allocation. And when you are a whale and you have x100 more funds, you do not get $100, but $10. This gives an interesting effect: you can invest even when you have little money. It is easier to find new users for startups, their token has a wider distribution. It is easier for them to get mass adoption.

 

Of the minuses, such a system is impossible without KYC. You need to verify users so that one person with a million dollars cannot create a hundred thousand accounts and stake $10 each. The more people participate in the allocation, the higher the chance that the project will gain real users, referrals, etc. The more real transactions, the higher the demand for the token. The higher its price.

 

Q4: Security is the main center of the platform. Recently, many large platforms have been compromised by hackers and caused a lot of losses to its users, how is the current #Polkapad security system safe from hackers? From: @Caminda88

 

Our smart contract has not yet been released for production and has not yet been audited. We plan to do this at the end of the summer of 2022, and of course, before releasing the smart contract to the public, it will pass all the necessary checks. User safety is our priority, and we will not allow mistakes and bugs in the contract!

 

Q5: I think one of the biggest aspects of the project’s success is the community support. Most projects have programs that their users interact with. Does #Polkapadnetwork have specific plans to attract and expand the community and improve the user experience? From: @ramisha00

 

We are at the very beginning of building a strong community, so for now we are moving baby steps. For example, every week you can participate in fun quizzes in our social media and win $DOT! Very soon we will start the ambassador and referral programs. In addition, if you are a loyal and dedicated member of our community, you will have a guaranteed allocation bonus! Subscribe to our social networks, newsletters, pass verification and you will find yourself in a very advantageous position! In general, there are a lot of interesting things ahead!

 

Q1. Could you describe us about your project “polkapad”? What is your project about and how it works?

 

Polkapad aims to be the first specific launchpad platform for Polkadot in its classic interpretation, where developers can gain new users, and the community can join interesting projects. Polkapad provides its expertise and intelligence to find the best products out there and launch them to the wider Polkadot community. 

 

We help with marketing, tech, token mechanics, and community-building strategy. And allow you to develop a successful project with natural and sustainable growth. Polkapad aims to help the next cohort of developers kickstart the most exciting crypto projects for Polkadot. Our launchpad welcomes you into a ready community around which you can center your product, test MVP and kickstart sustainable growth.

 

Polkapad’s goal is to create a unique model for the development of a specific project and its community-focused on Polkadot. We also strive for the following:

 

  • Polkapad provides community innovations that create the “future-proof”.

  • Dynamic staking model that uses only a part of the active holders.

  • Regressive allocation model that prioritizes low-ticket newcomers.

  • Native connection pools with LP tokens that provide an opportunity to impact parachain circulation supply.

 

Q2. What is the main motivation behind project to start?  

And tell us about your vision also?

 

The motivation for the creation of the project was the friendly community of the Polkadot ecosystem, which cannot unite in any way! There is really a problem here, because the very structure of the Polkadot serves a disparate community, and this is where a natural question arises – how to ensure fundraising and mass adoption? A heterogeneous launchpad had to emerge sooner or later, and it did – this is Polkapad.

 

Our goal is that projects that are launched on Polkadot do not depend on the parachain on which they are created. Because for the end user, as well as for the investor, this is not important at all. They are not interested in the technical backend, they want to make money. And the project does not care which parachain the user supported, it needs investments and recognition. If this problem is not solved, Polkadot will not be able to scale for a very long time, and as a result, it will forever lag behind other blockchains.

 

Q3. What is the role of “polkapad”  in ecosystem? Could you tell us a bit about  Yours partnership and security  system  of your project?

 

Polkapad is a launchpad that collects all active members from the parachains providing them with the best dApps. It also helps dApps connect to the broader community rather than forking/testing every parachain available. In short, Polkapad serves as a one-stop base for all parachain (layer 1) based projects.

The main problem that Polkapad seeks to solve is that Polkadot delegates working with community and the dApp launches to the parachain itself, leading to community fragmentation. This prevents new dApps from connecting with a massive community from the whole Polkadot ecosystem.

 

In short, Polkapad is an assembly point for the Polkadot ecosystem, and it utilizes all of Polkadot’s core strengths:

 

  • Industry-specific parachains

  • XSM technology

  • Heterogeneous multi-chain – all-for-one wallet with the same signing with layer 1 agnostic.

  • Continuously changed layer 1

 

Q4. There are many platforms like “polkapad” out there but what sets you apart from other projects?

 

Polkapad can help you with the following:

 

Development – we will help you to implement a number of important points on which future development and success depend.

  1. A fair and transparent token distribution model.

  2. Communities Interested in Management tokens:

  • The bright and predictable future of a startup.

  • Demand and limited supply of the startup’s currency.

  • Commitment from community members (with work, time, or resources).

  • A solution that allows participants to get their tokens quickly and use them freely.

 

Creating a community – we will help you create a strong and stable community that will be interested in the future of the application. We cover such important points as:

 

  1. Collect more than the critical number of community members (Typically more than 10x the projected number of future buyers).

  2. Create demand and provide a limited supply of tokens to some connected resources.

  3. Provide supply, mainly for the participants with commitment (money, time, or work. It helps to choose participants who value the tokens).

  4. Provide liquidity for the currency.

  5. Boost the token price with marketing and market-making.

  6. These items are cost-intensive, requiring long hours of work and impressive marketing skills. Most technical teams can’t do it, but many low-on-tech projects can. 

 

Staking – Polkapad solution can be useful to you in the following:

 

  1. Participants hold tokens rather than discard them.

  2. Participants tend to keep all of the tokens long-term.

  3. Fair rules attract more players. 

  4. Commitment-based methods provide transparent strategies and predictable results.

  5. Infrastructure tokens that have predictable usage and long-term demand.

  6. An active community that holds native tokens.

  7. Additional usage models. (based on the holders)

 

Q5. What is business model of “polkapad ” project?  And describe your roadmap and plan for 2022.

 

Our biggest milestone so far is of course the launch of the application. We have already introduced the registration and wallet connections, and also recently released the KYC option. We are ready to onboard our first users and welcome them!

 

You do not have to take the KYC procedure right away. Though you will not be able to participate in events until you are fully verified, as long as we do not have any ongoing events you can stay as you are. I would like to emphasize that KYC was implemented in order to protect you from identity or funds theft. And also to protect us from multi-accounting scams, which in fact also benefits the final user!

 

As for the plans, let’s start with the sale, which is of the most interest to users. The seed and private rounds are already concluded. Next up are several more rounds. We will be having a standalone pre-launch sale on the platform, which you can already get a hint of if you go to the dApp and follow to the Locker tab. Then we are planning on participating in a Kusama crowd loan together with another company; and there will be more after we launch the mainnet. We plan to release Polkapad on Kusama and Polkadot in Q4 2022.

 

Referral and Ambassador programs are both scheduled for Q3 this year. You can already contact us if you are a KOL though.

 

Our first sale will be huge! I really suggest you all to at least follow us to know what we are preparing!

 

As for the business model, we generate profits from the native token price and a fee from the projects we host. 

 

Twitter Questions

 

Do you have AUDIT certificate for your project? 

Or,  Are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?

 

Our smart contract has not yet been released for production and has not yet been audited. We plan to do this at the end of the summer of 2022, and of course, before releasing the smart contract to the public, it will pass all the necessary checks. User safety is our priority, and we will not allow mistakes and bugs in the contract!

 

How did you get the community involved in developing the project? and how do you build a strong community to grow globally?How can we stake?

 

The main goal of any project when building a community is to create a quality product. Don’t underestimate people and think that they will stay with you just because you regularly hold drops, giveaways and contests. People come to a project for technology, and if this technology does not work, if the business model does not work, then sooner or later the community will fall apart. But even as long as it exists, you will not receive support from it unless you return a stable working product in return.

 

Can you share the tokenmics and utility details of your tokens? Where can I buy it and what is It’s current price? 

How many tokens Will be minted and How many tokens Will be locked by the team?

 

The release of the $PLPD token is scheduled for Q4 of 2022, in the Gear network. $PLPD is a utility token, it will not have a governance option. We plan to issue 100M tokens, with public distribution implied. For the team, we plan a token lock for 18 months, while for investors — 12 months. Closer to the release of the token, we will provide all the necessary information, do not miss the news!

 

Where did you get the project name from?  What does it mean to you And why did you choose this name for your project?  What is your mission and vision to build this project?  What do you want to achieve Through the future?

 

We wanted to make it clear that we are particularly targeting the Polkadot community, and at the same time we wanted to be clear that we are a launchpad. So we united these two, and ended up with Polkapad. That simple!

 

Many projects die because they are not understood by people. Does  consider community feedback when creating and developing the project? Has the feedback for been positive or negative to date?

 

We do not have a DAO and we are not planning on any. But your feedback is of major importance to us! So, I strongly encourage you to drop your questions, suggestions, advice or whatever else you have to say! You are welcome!

 

Speaking of community – right now we are running a series of quizzes where you can win $DOT tokens for just answering the questions! We place a new quiz every Monday and on Friday random lucky winners receive their well-deserved rewards! Come and play to our socials: Telegram | Polkapad Official Community Chat | Twitter

 

 

Resources:

• Whitepaper

• Roadmap

• Docs

• Blog

FAQ

• IDO Sales

• Apply a Project

Polkapad Github dApp

Referral Program

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