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All edits by  Denis Shakovich 

Edits on 2 Feb, 2022
Denis Shakovich profile picture
Denis Shakovich
edited on 2 Feb, 2022
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Fanpad

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Introduction to FANPAD

FanPad is a new generation fundraising and funding platform on the Fantom blockchain. Not only supporting projects in Financial aspects through token sales, but FanPad also supports projects in Technical, Tokenomics, Audit, Marketing aspects through strategic partnerships.

FanPad aims to become a kick-starter platform for potential Fantom projects to reach more dedicated users and contribute value to the Fantom blockchain ecosystem.

Distribution Mechanism

Most Launchpad platforms now use a distribution mechanism based on the amount of launchpad token holdings. The larger the token holdings, the more tokens are distributed.

This is a "improper" distribution mechanism because the benefits are highly concentrated for those with huge funds, or the richer.

That’s why Fanpad aims to build a fair mechanism in which each participant has an equal chance to buy IDO tokens.

To do that, FANPAD uses a scoring mechanism to calculate the support of each user. So besides the amount of launchpad tokens holding, these factors are also taken into account:

Loyalty: The longer a user commits to holding Launchpad tokens, the more privileges they will receive

Activity: The more active users are, the more privileges they will receive. Launchpad activities include providing liquidity for launchpad tokens, social tasks, tokens swap, participating in launchpad events, etc

All these factors will as well determine users' Tiers. The allocation will be distributed according to the Tiers of users.

Total Raised Fund

As previously explained, current launchpads use the allocation mechanism to divide the allocation into different pools.

That is the reason why many IDO events cannot reach the hard cap.

FanPad has 3 different ways to participate in a Token Sale:

Lottery/Raffle

Allocation Distribution

Public Round

With these options, users will have many opportunities to participate in the token sales, helping projects raise the maximum fund.

Non-Financial Incentives

FANPAD not only supports fundraising process but also supports other aspect of the projects to grow hacking a new project such as:

  • Audit Smart Contract
  • Tokenomic Advisory
  • Marketing and Promoting
  • Strategic Consulting

With these supports, projects can better prepare themselves to move closer towards success.

Project Evaluation

Finally, FANPAD's mission is to protect users' investments. Therefore, the FanPad team always prioritizes prestigiousness. With smart contract audit partners, investment funds, and dedicated communities, FANPAD has the capacity to audit good projects and avoid scammers.

How can FANPAD support projects?

Here are the 6 major features FANPAD can support projects:

  • Fundraising
  • IDO
  • Advisory
  • Partnerships
  • Audit
  • Tokenomics

Vision & Roadmap
Vision

FANPAD's vision is clear and simple: To become the top Launchpad on Fantom ecosystem, bringing the best service to the community, helping projects effectively raise funds.

Roadmap

FANPAD's roadmap is divided in three phases. FANPAD team will update with you guys along with the development of the platform.

Phase 1
  • Development
  • Testnet
  • Audit
  • Marketing
  • Strategic Round
Phase 2
  • Airdrop Program
  • Whitelist
  • Ambassador Program
  • FANPAD Token Launching
  • DEX Listing
  • CEX Listing
Phase 3
  • Tiers Details
  • Distribution Mechanism Details
  • FANPAD Staking Live
  • Community Rewards & Incentive Program
  • FANPAD's First IDO
  • Ecosystem Development
  • FANPAD 2.0
Infobox
Website
https://docs.fanpad.io/introduction-to-fanpad
Industry
Cryptocurrency
Cryptocurrency
Website
https://fanpad.io/home
"Created via: Web app"
Denis Shakovich profile picture
Denis Shakovich
created this topic on 2 Feb, 2022
Edits made to:
Infobox (+2 properties)
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 Fanpad

Infobox
Is a
Cryptocurrency
Cryptocurrency
Website
https://docs.fanpad.io/introduction-to-fanpad

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