# Patex IDO on ChainGPT Pad

By [ChainGPT](https://paragraph.com/@chaingpt) · 2023-09-06

chaingpt, cgpt, chaingpt pad, launchpad, ido, patex, crypto, cryptocurrency, web3, ai, artificial intelligence, blockchain, exchange

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> _Patex has chosen the ChainGPT Pad to host its $PATEX IDO.  
> ChainGPT is excited to be supporting such a distinguished project!_

![](https://storage.googleapis.com/papyrus_images/e1af5f6b4f647f0112080e4c0137a7d6.jpg)

**What is Patex?**
==================

Patex is an ecosystem of blockchain solutions specifically designed to cater to the Latin American Markets. Pioneering a robust stack of end-to-end products and features at the cutting of innovation, Patex is bridging the gap of financial inclusion with infrastructure that serves consumers, companies, and governments organizations.

**Patex Features and Functions**
================================

With 9 distinct synergistic products in their toolkit, Patex provides coverage for every possible angel of user demand.

🌌 [**Patex Network**](https://patex.io/) 🌌  
A purpose built layer 2, in the form of a Rollup on the Ethereum Blockchain, enabling a full range of applications that can support transactional activity for familiar crypto assets as well as enable CBDC issuance and tracking.

**📊** [**Centralized Patex**](https://c-patex.com/) **📊**C-Patex is a robust exchange venue operating since 2014 serving a central function as an interface to manage all other operations.

**💱** [**Proof Of Value**](https://patex.io/mining) **💱**A reward system for encouraging community engagement with the Patex network based on transactional activity.

**💼** [**Patex Wallet**](https://patex.io/patex-wallet) **💼**  
Available as an application for IOS, Android, and a browser etension, Patex is offering its users a non-custodial, cross-chain crypto wallet to hold, send and receive crypto in Patex and other networks.

**👨‍🎓** [**Patex Campus**](https://c-patex.com/crypto-campus) **👨‍🎓**  
One of the more unique features of a blockchain ecosystem, Patex is offering an educational platform to help newcomers learn about the industry and provide them with guidance in getting professional job placements.

**👨‍⚖️** [**PoV Validators**](https://patex.io/pov-system) **👨‍⚖️**  
Patex is leveraging its own consensus mechanism of validators to provide security to the network. With space for 100 reputable and a novel rewards system that pays out in ETH based on $PATEX stake and transaction velocity; there is interesting innovation happening here.

**🌉** [**Patex On Bridge**](https://patex.io/bridge) **🌉**  
A multi-chain bridge that allows cross-chain swaps between the Patex network and other EVM compatible systems.

**🔎** [**Patex Explorer**](http://patexscan.io/) **🔍**  
Platform for on-chain analytics track assets, inspect transactions, audit contracts, verify balances, and aid in all other areas necessary to sustain a transparent ecosystem.

👨‍💻 [**Patex Hackathon**](https://patex.io/hackathon) 👨‍💻  
Patex is hosting its own multi-month long competition for developers interested in putting the Patex Network to the test by building dapps, experimenting with scalability parameters and identifying vulnerabilities.

**Who is the team behind Patex?**
=================================

World class lineup of professionals with years of industry experience have come together to deliver on the vision of Patex:

[**Ricardo Da Ros**](https://www.linkedin.com/in/rdaros/) **| _CEO (Chief Executive Officer)_**ex-Head of Brazil at Binance & Crypto.com.

[**Julio Matias Part**](https://www.linkedin.com/in/jmpart/) **| COO (Chief Operations Officer)**ex-COO at Huobi & KuCoin for Latin America.

[**Henrique Marinho**](https://www.linkedin.com/in/henrique-marinho-87945a11/) **| CBDO (Chief Business Development Officer)**ex-Global Partnership and Institutional Business Development for Huobi & CoinEX.

[**Marcos Reis**](https://www.linkedin.com/in/marcospauloreis/) **| CISO (Chief Information Security Officer)**  
Cybersecurity & Financial Crimes Expert for the biggest US and Latam banks (Bank of America & Itaú Unibanco).

[**Renaud Besnard**](https://www.linkedin.com/in/renard/) **| CMO (Chief Marketing Officer)**ex-Binance | CMO at Google | Uber | Twitter | ex-Vice President at PayPal.

**Pedro Ribeiro | Chief Government Affairs Office  
**Director of Global Strategy at BRICS+ Organization.

**Nataliia Maslennykova** | **VP of Growth & Government Affairs**  
Ex-Parliament of Canada and US Congress. Scaled two crypto exchanges to top-20 ranking on CoinMarketCap.

> _More information about each team member, as well as links to their social media please refer to their official website_ **_🌐_**
> 
> https://patex.io/
> 
> _and scroll to the bottom. Otherwise, refer to the official_ **_📃_** [_Patex whitepaper_](https://patex.io/docs/Patex%20WP.pdf)

**Patex Tokenomics**
====================

_The economic system of the Patex tokens._

**Token Address on ETH:**  
[_0xFD4f2Caf941B6d737382DCe420b368DE3FC7f2D4_](https://etherscan.io/token/0xfd4f2caf941b6d737382dce420b368de3fc7f2d4)

**Token name:** Patex Token  
**Token Ticker:** $PATEX  
**Total Supply:** 8,000,000  
**Token Standard:** ERC-20**Network:** Ethereum

**$PATEX Token Distribution/Allocation:**
-----------------------------------------

*   15% Private Sale
    
*   6.25% KOL’s Round
    
*   13.25% IDO
    
*   10.5% Community Round
    
*   2.5% Promo
    
*   7.5% Advisors
    
*   6.25% Team
    
*   18.75% Marketing
    
*   12.5% Liquidity
    
*   7.5% Ecosystem
    

**Utilities of the $PATEX token**
=================================

_Applications and benefits of the Patex project’s native token._

**Network Fees  
**_Payment method for fees when accessing network functions._

**Trading commission payment  
**_Payment method for using exchange at discount rate._

**Features of C-Patex Specializations  
**_Higher tier levels within the Patex Launchpad._

**Purchase of demo tokens  
**_Exchange 1 PATEX for 100 demo USDT tokens for extra practice in trading._

**Сomplete a quiz at any level for a PATEX token  
**_Payment method for fees when accessing network functions._

**10% of Career Guidance income  
**_Payment method for fees when accessing network functions._

**Access to unique content of Crypto Campus  
**_Elite B1 level course material accessible only to $PATEX holders._

**IDO Specifications**
======================

_Details about the Initial Dex Offering on ChainGPT Pad:_

**Price at Launch:** TBA  
**Total Allocation:** TBA**Maximum Cap:** $200,000  
**Date of Launch:** Q4, 2023

**Patex Resources:**
--------------------

> _🌐_ **_General:_** [_Website_](https://patex.io/)**_📃 Docs:_** [_Whitepaper_](https://patex.io/docs/Patex%20WP.pdf) _|_ [_Tokenomics_](https://patex.io/docs/Patex%20Tokenomics.pdf) _|_ [_Gitbook_](https://docs.patex.io/)**_🤳 Social Media:_** [_Twitter_](https://twitter.com/patex_ecosystem) _|_ [_Telegram_](https://t.me/cpatexexchange) _|_ [_YouTube_](https://www.youtube.com/channel/UCLmHyM6kZ5bViyh7my6ZkpA) _|_ [_Instagram_](https://www.instagram.com/patex_ecosystem/) _|_ [_Facebook_](https://www.facebook.com/cpatexexchange)

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*Originally published on [ChainGPT](https://paragraph.com/@chaingpt/patex-ido-on-chaingpt-pad)*