ZKPAD-First launchpad on StarkNet

First launchpad on StarkNet

If you have been closely following the latest developments in the Ethereum ecosystem, then you would know that layer-2 scaling solutions are quickly gaining popularity. A leading layer-2 scaling solution developer is StarkWare. They use zero-knowledge proofs to enhance the scalability while still inheriting the security of the underlying blockchain — Ethereum.

StarkNet was developed by StarkWare and it allows creation of smart contracts in a language called Cairo. It is a booming new ecosystem and the developer community is already very active with several new projects being developed on the StarkNet ecosystem.

ZKPad will be the first launchpad on StarkNet. Their goal is to leverage the scalability features of StarkNet and help raise funds for new projects in the StarkNet ecosystem in a completely decentralised manner.

starknet ecosystem
starknet ecosystem

Incubator — not only a launchpad

Most IDO launchpads in the DeFi ecosystem focus on quantity rather than quality of the projects they are launching. Secondly, after the completion of IDO, the launchpads do not usually help the projects as they progress through their roadmap. Some IDO launchpads help with the marketing of the crypto project only leading up to the IDO.

ZKPad aims to combine the power of their network which consists of private investors, educators, blockchain experts, developers and builders to help the projects in all the stages, even after the IDO is completed.

By playing the role of an incubator, an accelerator and a launchpad for the crypto projects, it puts them in a unique position in the DeFi launchpad ecosystem.

Conclusion

ZKPad comes packed with so many features which have never been seen before on any other launchpad. This makes it one of the most exciting launchpads to look forward to in 2022.

Now it is up to the team to deliver on the roadmap. A lot of projects which are in early stages of development in the StarkNet ecosystem will also be ready for an IDO launch in 2022.