# SuiPad — Launchpad on Sui Network 🌊 

By [akasik.eth](https://paragraph.com/@akasik) · 2023-04-13

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An Intro:
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![](https://storage.googleapis.com/papyrus_images/84b7a3197424190c5dafbc959c48d29a64baf23fb16573c74aa8d2f431d4679c.png)

If you’re familiar with the cryptocurrency space, I am sure that you have heard of launchpads before. They’re platforms that provide a place for new projects to launch their tokens and gain exposure to investors. In the past, many launchpads like Daomaker, Seedify, Pancakeswap IFOs, have been associated with popular blockchain networks like Ethereum, BNB chain, but now, there is one more player in the game. One such launchpad is Suipad, which is built on the Sui blockchain network.

Suipad is a pioneer in the Sui network and offers a unique way for investors to participate in new projects. Using the platform, users can stake $SUIP (the launchpad’s native tokens) and gain access to new projects either through a guaranteed allocation or a lottery-based system. The more $SUIP a user stakes, the higher their tier, and the greater their chances of securing a guaranteed allocation.

tl:dr : Launchpad, Stake $SUIP (Launchpad tokens), get Guaranteed or Lottery based allocation based on the number of $SUIP tokens staked, spend $SUI to purchase the new project’s tokens.

Tier system
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![](https://storage.googleapis.com/papyrus_images/0449884a2035bbc0ed173a4d9ba99846e9e07df4d98bff5834dd4722df040bd6.png)

Ruby Stake 2500 $SUIP — Lottery based allocation

Sapphire Stake 5000 $SUIP — Guaranteed allocation

Emrald Stake 10000 $SUIP — Guaranteed allocation

Diamond Stake 30000 $SUIP — Guaranteed allocation

Crown Stake 50000 $SUIP — Guaranteed allocation

Sui Stake 100000 $SUIP — Guaranteed allocation

But why should you care about Suipad?
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Well, if you look at the Sui blockchain network, it’s clear that it’s going to be a successful chain with many upcoming projects. Suipad has already made partnerships with tons of other Sui projects, which suggests that it will also be successful. By being part of the Suipad community, investors can get in on the ground floor of new projects on the Sui network, potentially generating significant returns on their investments.

How to be part of the Suipad’s journey on Sui Network
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Firstly, The Team: you can find out about the team behind Suipad on their website: [https://www.suipad.xyz/](https://www.suipad.xyz/)

Community: Suipad community is very active and engaged, with a dedicated Discord server where you can chat with other members and stay up to date on the latest developments. Check [https://discord.gg/suipad](https://discord.gg/suipad)

Finally, it’s worth noting that Suipad has partnered with Zealy (Crew3), which offers quests that count towards a community airdrop. This is an excellent way to earn rewards for participating in the Suipad community: [https://zealy.io/c/suipadxyz/invite/kJ4nzQAEcFoiKiLM8QmqO](https://zealy.io/c/suipadxyz/invite/3xkl5v7g_uTLvqsUoxSzB)

Thank you for reading. I will be with you on the hype train and journey to Sui Mainnet with Suipad. I look forward to meet you on [Twitter](https://twitter.com/BTCBabubhaiyya)

Akasik#7243

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*Originally published on [akasik.eth](https://paragraph.com/@akasik/suipad-launchpad-on-sui-network)*