TrustPad Overview

TrustPad is a multi-chain fundraising platform designed for crypto projects, aiming to facilitate project launches through IDO capital raising.

The platform offers early project investors exclusive access and blockchain security.

TrustPad operates as a permissionless platform and users deposit or stake the corresponding platform's token.

Website

The TrustPad website features a modern design and provides quick access options for projects and users.

The front page presents menus for applying as a project and connecting with the community.

Live Chart and Buy TPAD options are available, providing access to historical TPAD token data and swaps.

The page displays TPAD token price, market cap, TVL, and funding raised for projects.

The navigation bar leads to FAQ and featured projects sections.

Upcoming and ended IDOs and NFT projects are listed, each with project details and information.

Hovering over an IDO provides key information and stats.

Clicking on a project provides detailed information and wallet connectivity.

The Communities tab offers various languages for community engagement.

History

TrustPad was established in April 2021, introducing the TPAD token with deflationary burn and integrating with Cardano and DAO.

Functionality

To participate in an IDO, users connect a wallet, buy TPAD tokens, stake them, undergo identity verification, and register for the IDO.

TrustPad offers multi-chain support, including Ethereum, BSC, Polygon, and Solana.

Projects submit information for approval, and eligible participants can whitelist for IDOs based on TPAD tiers.

TrustPad aims to ensure fair presale mechanisms due to high token demand.

The TPAD token is required for participation, with different tiers and requirements.

Pros and Cons

Pros:

• Integrated with multiple blockchain networks.
• Provides assurance and confidence for investors.
• TPAD tokens and ranking system enhance IDO participation.
• Well-designed and user-friendly website.

Cons:

• Initial entry requires a minimum of 3,000 TPAD tokens.
• Project listing time can be lengthy due to procedures.
• Identity verification might raise privacy concerns.

Conclusion

TrustPad stands out with its focus on quality projects, multi-chain support, and user-friendly website.

The TPAD tier system enhances IDO participation chances.

TrustPad simplifies participation in IDOs, allowing users of varying experience levels to engage.

FAQs

What are the steps for an IDO?
IDO registrations open 48 hours prior to the sale start. Winners are selected for tiers and whitelist slots.

How to participate in an IDO?
Users connect a wallet, stake TPAD tokens, and register for an IDO on the Pools page.

What is FCFS?
FCFS opens if a pool isn't sold out, allowing stakers to participate based on their level. Additional allocation is provided.

Can a user unstake after each IDO?
Tokens are locked during a specific timeframe, and unstaking earlier incurs a fee.