# What is SeaPad?

By [ah tu zhlobko](https://paragraph.com/@ah-tu-zhlobko) · 2023-07-18

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SeaPad is a reputable and reliable launchpad platform on the Sui network that integrates DeFi features to expedite the development of innovative ideas, actualize projects, and foster widespread adoption of web3 technology.

SeaPad facilitates multiple fundraising phases, encompassing seed, private, and public (IDO) stages. The platform accommodates both ERC-20-like and NFT tokens for fundraising, providing an array of configuration alternatives. SeaPad is the pioneer launchpad to incorporate a DAO committee mechanism for evaluating and delivering long-term support to projects. Furthermore, it is among the select few projects invited by the Sui Foundation to showcase at the SuiBuilderHouse event and actively contribute to the growth of the Sui Ecosystem.  
  
**The problems solving**

Numerous inventive ideas often fail to materialize due to a lack of funding and community support. Traditional fundraising methods may not be suitable for rapidly growing projects or ecosystems, particularly for innovative industries in their early stages. SeaPad assists startups in raising funds in a decentralized manner, both efficiently and promptly. Additionally, the platform supports projects with a long-term vision by engaging and converting users into customers. SeaPad eliminates fundraising obstacles, allowing Web2 and Web3 users to access the platform seamlessly, as they are accustomed to doing.

![](https://storage.googleapis.com/papyrus_images/38d1d2c591d8cfe5bc71eb40e1b0f50a5b02296c196314b24312e1f45b86d0c2.png)

**Key features**
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![](https://storage.googleapis.com/papyrus_images/f6f9dd7f554fe9df9859335637d0ff21ad17a882a8f04176598767beeb201d83.png)

#### **● SeaPad supports different sale rounds for projects: seed, private, and public**

![](https://storage.googleapis.com/papyrus_images/4225255be27cf2dac92ae1c78dabed467a7e344761733ffd8c10827e8c3f85ec.png)

#### **● SeaPad supports projects raising funds in both token sales & NFT sales**

![](https://storage.googleapis.com/papyrus_images/de71bf5bd02bfe9a414e69a813cee816caa032e524492dd5a4a55add72d763d7.png)

#### **● Staking pools: Users can stake their token to earn more rewards**

![](https://storage.googleapis.com/papyrus_images/eac18266bccfacc01c193f82804474213fb159458f9472d4cdc5b9baf556bb38.png)

#### **● The real yield model**

SeaPad helps project archiving success in the long term and remove all barriers for users to access the investment. Instead of asking users to buy, hold or lock platform tokens to purchase IDO tokens, SeaPad creates a sustainable revenue for long term Seapad token holders. the following picture describes the benefits of sharing models, one of the concepts of real yield model.

![](https://storage.googleapis.com/papyrus_images/ba6f6f19e2fe233ec26a484d752c6072ca85a6067906ccbf62391f2f49634062.png)

#### **● The DAO Verification mechanism helps verifying the projec in the decentralized way before listing on SeaPad. It also consults the projects after IDOS to archive the best results**

![](https://storage.googleapis.com/papyrus_images/860bb3f75d2fe6fa21af7e1b50c968134b1584ac303509b6cae8c3f46babafc3.png)

#### **● On-chain referential mechanism**

Earn more token or whitelist slots with the On-chain referential mechanism

![](https://storage.googleapis.com/papyrus_images/986aca9ca561dda4d39e043382914bbeb5f7a506de90259ca1bfc9b71c86fe28.png)

#### **● DID**

  
KYC is essential to follow the ALM’s regulation, SeaPad uses the KYC services from trusted partners

NFTizing the personal avatar may have fun and engages users to the platform

The domain name (name service \*.sui) is used to represent the user’s identity (instead of using wallet address)

Other social links help verifying the trusted users

![](https://storage.googleapis.com/papyrus_images/4676daafc10ab85b51be6241428e366238ce1413b9ecf5271c09b6f1560e2e72.png)

[https://twitter.com/SeaPad\_defi](https://twitter.com/SeaPad_defi)

[https://app.seapad.fund/](https://app.seapad.fund/)

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*Originally published on [ah tu zhlobko](https://paragraph.com/@ah-tu-zhlobko/what-is-seapad-2)*