PolyPad — The First Ever Premier Launchpad on Polygon.
Hello PolyPad’s community, it has been a few months since we started PolyPad. Today, we think that it is the right time to step out of stealth mode and start building a strong and decentralized community. In this post, we’d like to take time here to outline some core principles and the problems that we’re going to solve.
Why Polygon?
Matic Network, recently rebranded as Polygon, is a layer 2 scaling aggregator for side chains, rollups and even whole blockchains in an effort to fix Ethereum’s transaction limitations. Polygon takes a new approach towards scaling as it will allow projects to choose the scaling solution (Validium, Zk rollups or Optimistic rollups) that best fits their needs. Its innovative scaling solution and easy to use UX have led to an explosion of network usage at the time of increased stress on the Ethereum mainnet. For example, the average transaction on Ethereum mainnet has broken over $ 100 over the last few weeks while Polygon’s transactions cost nearly zero and will be confirmed in under 3 seconds. Many Dapps are choosing Polygon as their default layer 2 solutions as Polygon network fee is as low as zero. Currently, there are over 130 projects with more than $ 5.7 billion locked on Polygon.
The Problem We Solve
The increased adoption of Polygon has created some problems for both projects and investors.
- For projects, there are not effective funding mechanisms that’re specific to Polygon Network. Most projects find it challenging to raise liquidity and bootstrap loyal communities on Polygon.
- For investors, there are two main problems that they may face. Firstly, the ongoing scams and rug pulls are presently destroying the potential of decentralization on Polygon. Secondly, retailer investors are missing out on early investments as only KOLs or VCs can secure allocations for seed/private rounds.
And we introduce to you our latest project: PolyPad.
What is PolyPad exactly?
PolyPad is the first decentralized IDO and incubation platform, exclusively dedicated to Matic network (or Polygon). Its goal is to empower projects on Polygon with the ability to raise funds and develop loyal users while allowing retailer investors and potential users to access to early investment deals.
For investors
- Safe and transparent IDO
- Guaranteed allocation
- Rug-free investment
For projects
- Effective funding mechanism
- Professional Incubator services
- All in one funding solutions
An experienced team
PolyPad is being developed by an experienced team with a track record of launching multi million dollar businesses.The team consists of smart contracts developers, front end, back end developers, market making strategists, marketing experts and venture capitalists. We are also building a strong network of industry experts, influencers and experts to bring our vision to reality. If you are an industry expert or business leader, please contact us at contact@polypad.network.
Want to launch your projects on PolyPad?
We are also accepting applications for IDOs n our platform. Please join us at contact@polypad.network or click the “apply” button on our website. Even if your project is still in an early stage or you don’t have a dev team or resources, don’t hesitate to contact us to discuss your ideas and work together to incubate your projects.
Follow Us
Join our telegram : https://t.me/polypadchat
Announcement channel: https://t.me/polypadann
Follow us on Twitter: https://twitter.com/PolyPad_Network
Follow us on Medium: https://polypadfinance.medium.com/
Visit our website: Coming soon
