0xPad Platform Review

leon331300 (34)in #oxpad • 2 years ago

The rate at which people trade crypto now adays are increasing. Traders are looking for the best platform to trade. And a launchpad with most benefits gaining momentum and developments in blockchain technology. With all the platform we have there, there is one of a kind decentralized Incubator Protocol is the project that is fixed to decentralize seed funding and angel investing known as the oxPad platform. The activities of 0xPad is based on decentralized launchpad and incubator protocol and angel investing, seed funding is distributed, decentralized. I'll be reviewing this project in this article, doo well do read till the very end.

ABOUT 0xPad
Oxpad is a Multi-Function Ecosystem with a range of diverse characteristics such as Decentralized, early access to all, proper vetting, secured platform, and many others.Oxpad is a unique crypto platform through which you can trade crypto easily, fast, and with full security. Oxpad is a secure platform that helps users from any location to anywhere in-universe.
It is a blockchain initiative that aims to decentralize seed finance and angel investing while also providing our supporters with creative ideas, projects, and opportunities.

0XPAD TOKEN
0xPAD token is the utility token on 0xPAD and is used on all features which is being offered by protocol due to usage of this token in multiple cases. At Token Generation Event (TGE), a total of 100,000,000 0xPAD was mined which is the maximum total supply of 0xPAD token that can ever exist.

BENEFIT OF OXPAD
Project Support Goals: Providing innovative projects with the support and resources they need to succeed. Such projects are either supported in early seed funding stage through our incubator program or in the market entry stage through our LaunchPad. The Incubator program provide selected projects with development funds and other resources such as experienced developers to help build products, marketing team to aid with business growth and any other kind of supports that such a project might need. The LaunchPad help projects which already have products and are ready for market entry. The LaunchPad helps these projects to run quality and well coordinated IDO or token generation events. 0xPad adopts a solid marketing strategy to ensure that the IDO events are highly successful.

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Reasons Why you Should Use the Oxpad
• Decentralized:
Because Oxpad is a decentralized launchpad and incubator protocol, everyone has the equal chance to be a part of the project. Oxpad will require you to invest transparently and with a sense of confidence.
• Early Acces to ALL:
Oxpad will assist you in selecting and investing in projects with innovative ideas. Oxpad will also inform you about the initiative at the outset when it becomes available. As a result, you will receive a very low pricing.
• Proper Vetting:
You don’t have to be concerned about which project you invested in because Oxpad will constantly check all of the projects that they have assigned to you.
• Secured Platform:
You don’t have to be concerned about your safety! . Oxpad has a number of security features, including a multi-sig vault for funds and a rigorous transaction validation system.

Staking of 0xPad
1 0xPad value at this time is $0.06. The Staking feature is made up of the 0xVault and the 0xMine pools. Users can stake and farm their 0xPAD tokens by adding liquidity on Pancakeswap then staking the LP tokens. 0xVault pool is made up of 4 staking pools, each with a different lockup time and APR. The longer the lockup time, the higher the IDO/Incubation allocations.

Distribution Details
Protocol Allocation: 50% IDO Allocation: 12%, 100% Unlocked Presale Allocation:10%, 10% Unlocked, 90% Locked Partnership Allocation: 10%, 100% Locked Future Development: 7%, 100% Locked Liquidity Allocation: 6%, 100% Unlocked Team Allocation: 3%, 100% Locked Marketing: 2%, 100% Locked Circulating Supply at TGE: The circulating supply right after TGE/IDO is 13,000,000.

Token Sale
This is done in two stages which are presale/private stage and then the IDO/Public sales stage.
The presale stage was used to raise funds to help start up the project with presale price set at $0.04. 10,000,000 tokens were put up for sale and $400,000 raised during the presale, 90% of the tokens put up for sale during the presale period will be locked for 1 year with 10% distribution every 6 months after the lockup period is over and a vesting period of 5.5 years.
For the public stage the price was set at $0.06 with 12,000,000 tokens put up for sale and $720,000 raised. All the tokens are unlocked at the token generation event with all participants giving the chance to have access to it immediately.

Partners and Collaborators of 0xPad

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