The first integrated launchpad solution in the Sui ecosystem: In-depth analysis of SuiPad

SuiPad is the first Launchpad project on the Sui public chain that integrates IDO, ISO, and INO. This project plans to conduct OG (Private) round and WL (Public) round IDO on a single platform on May 7th and 8th. This article will delve into the features and innovative gameplay of SuiPad.

1. Overview of SuiPad

SuiPad, as a community-centered new project launch platform in the Sui ecosystem, is a first-line project on Sui. Through collaboration with Mysten Labs, SuiPad aims to become a comprehensive solution for project launches on Sui. Currently, its flagship product is the SuiPad launchpad, which is an IDO platform that provides users with the highest quality new projects in the Sui blockchain through a unique screening process.

2. Innovative Features of SuiPad

In response to the two major issues faced by users participating in IDOs: the lack of professional knowledge among small and medium investors, and the token price falling below the IDO price after the TGE, SuiPad has proposed the following solutions:

2.1 Sui Tank

Sui Tank is a reality show that allows Web3 startup projects to pitch to a professional VC panel. This format not only helps project teams raise funds but also provides learning opportunities for the community, allowing ordinary users to gain insights into the professional perspective of project evaluation.

2.2 SuiPad Shield insurance

SuiPad innovatively introduces an insurance mechanism, allowing users to choose to increase their investment by 15% to purchase insurance. If the average highest price of the token is lower than the IDO price within 7 days after the IDO, the insurance pool will compensate for the difference, effectively protecting the user's principal.

2.3 Other Highlights

• Suipad Academy: A 16-week Web3 development bootcamp to cultivate Sui Move developers.
• Marketing Strategy: Promote through multiple channels, including KOL collaborations, social media activities, etc.

3. Token Staking and Layered Mechanism

SuiPad adopts a layered staking system, where users are categorized into 6 levels according to the number of SUIP tokens staked, ranging from Ruby to Sui. The higher the staking amount, the greater the allocation amount that may be obtained when participating in IDO.

In addition, SuiPad has also launched a locking multiplier mechanism that allows users to enhance their levels by locking staked tokens without the need for additional staking. This design encourages long-term holding and is beneficial for the stable development of the project.

4. Development Roadmap

The development plan of SuiPad covers multiple stages from the launch of the test network to the operation of the main network, the initiation of IDO, the production of the SuiTank program, and the establishment of the SuiPad Academy, showcasing the long-term planning of the project team.

5. Core Team

The founding team of SuiPad has extensive industry experience:

• Joe Wan (CEO): Worked in the launchpad department of a top trading platform.
• Daffy lau (CMO): Has experience in project selection and listing assistance.
• David Tiser (CTO): Leader of the blockchain company Cleevio, with rich experience in Web3 and DeFi development.

6. Financing Situation

SuiPad has completed over $1.15 million in private fundraising, supported by several well-known investment institutions. The public fundraising plan will be carried out in two rounds, with the OG round and WL round starting on May 7 and 8 respectively, and the token price ranging from $0.035 to $0.05.

The project has also formulated a detailed token release plan to ensure reasonable control of market circulation.

Overall, SuiPad, as an innovative Launchpad project within the Sui ecosystem, is expected to bring more quality projects and active users to the Sui public chain through its unique functional design and完善的生态系统.