SuiPad’s Features

Discover the exceptional features of SuiPad, including the exclusive access to top-tier crypto IDO & NFT projects before they go public. Stake your $SuiP tokens to gain priority access to promising projects.

SuiPad's primary highlight is its Stake $SUIP tokens, which enable a guaranteed allocation mechanism. With 5 guaranteed allocation tiers and 1 lottery-based option, the level of allocation depends on the amount of $SUIP staked.

ROADMAP

Q4 2022 Base platform launch: new website, tradable Launchpad UI Community Building Mass Marketing

Q1 2023 SuiPad on Mainnet Multiple wallet integration IDO for $SUIP Staking pool and SuiPad Shield 1st batch of IDO (4 projects) Continuous marketing push

Q2 2023 Production of SuiTank first season (8 Episodes) SuiPad Founders Pass NFT Collection Mint 2nd batch of IDO (8 Projects) Fund raising (Equity round)

Q3 2023 SuiTank first season on air NFT Launchpad mainnet INO first batch 3rd batch of IDO (10 projects) 1st Cohort of SuiPad Incubation Program 1st Cohor of SuiPad Academy

Q4 2023 2nd Cohort of SuiPad Incubation 4th batch of IDO (10 projects) INO second batch Production of SuiTank (second season)

Token information

Type: Sui Token on Sui Network Ticker: SUIP Total supply: 100,000,000 SUIP (fixed) Token contract: TBA Initial circulating supply: 10,100,000 SUIP Initial market cap: $606,000 USD Private sale price: $0.02 — $0.03 USD Public sale price: $0.05 USD

Key Highlights to Consider

SuiPad is a fundraising platform designed to enable Tier 1 projects to raise capital, promising safety to early-stage investors with the SuiPad Shield. The platform also offers fairly distributed rewards for all participants.

In order to qualify for a specific tier, SuiPad Staking & Tiering are interdependent. This means that to meet the criteria for a particular tier, you must either stake $SUIP tokens or provide liquidity on Dex and stake LP tokens. Now, let's delve into token staking:

There are 6 tiers, namely:

Ruby: 2,500 SUIP staked

Sapphire: 5,000 SUIP staked Emerald: 10,000 SUIP staked Diamond: 30,000 SUIP staked Crown: 50,000 SUIP staked Sui: 100,000 SUIP staked

By staking more $SUIP tokens, you can earn a higher tier, which will increase your allocation size for project IDOs. It's important to note that there is a 15-day cool-down period after staking.

Second option is by providing liquidity on Dex and stake LP tokens on SuiPad:

Ruby: 1,500 SUIP-SUI LP

Sapphire: 2,500 SUIP-SUI LP Emerald: 5,000 SUIP-SUI LP Diamond: 15,000 SUIP-SUI LP Crown: 25,000 SUIP-SUI LP Sui: 50,000 SUIP-SUI LP

SuiPad SHIELD

SuiPad Shield is a unique feature that enables carefully selected and ambitious projects to incorporate it into their launch strategy while also protecting SuiPad investors from any potential token dump.

Unlike many other launchpads/IDO platforms in the market, SuiPad offers an insurance feature to protect users' principal capital. For instance, if a user invests in an IDO round of a launchpad project, they can choose to add 15% of their invested funds to buy insurance.

The insurance fee is then sent to the SuiPad Shield Pool, which covers any potential loss of the user's principal capital for the next 7 days. On the 7th day since the IDO launch, if the average peak price is lower than the IDO price, the SuiPad Shield Pool will cover the difference for the user.

If the Average Peak Price does not fall below the IDO price, the SuiPad Shield Pool will accumulate for the next IDO. To learn more about SuiPad Shield, please visit: https://docs.suipad.xyz/suipad/suipad-shield

Crew3 Event

SuiPad has recently launched its Crew3 event, a community-driven initiative aimed at incentivizing users to participate in the platform's growth. By completing tasks such as social media engagement, creating content, and inviting new users to the platform, users have the chance to earn SUI tokens. This initiative is an excellent way to foster a strong community and increase user engagement.

Link here: https://zealy.io/c/suipadxyz/invite/qYXa-mHSTPgws_ebSIW1Q

My Own Analysis :-

Based on the information provided, SuiPad appears to be a promising blockchain-based project with unique features that could provide a secure and transparent platform for users to participate in live IDOs and invest in Tier 1 crypto and NFT projects. That being said, any investment decision should be made after conducting thorough research and consulting with a financial advisor.

Major cryptocurrencies traded mixed early on March 22 as the global crypto market cap increased 1.68 percent to $1.18 trillion, over the last day.  The total crypto market volume over the last 24 hours  decreased 10.45 percent to $67.16 billion.

The total volume in DeFi stood at $5.18 billion, which is 7.71 percent of the total crypto market 24-hour volume. The volume of all stable coins was $61.32 billion, which is 91.30 percent of the total crypto market 24-hour volume. Bitcoin’s dominance is currently 46.08 percent, registering a decrease of 0.37 percent over the day.

• Tether USD 87.22(INR) 0 .03%

• Bitcoin 24,50,000(INR) 1.69%

• WazirX Token 14.79(INR) 1.64%

• Ethereum 1,55,001.0(INR) 1.5%

• Dogecoin 6.6149(INR) 4%

This incident raises questions about the reliability of stablecoins and what gives a currency its value. The famous economics maxim "evil is the root of all money," originally proposed by economists Nobuhiro Kiyotaki and John Moore, argues that people hold and accept money because it helps society overcome the problem of broken promises. This recent failure of USDC's reserve bank suggests that a currency must be entirely free of doubt regarding its reliability to be considered money.

USDC's issuer, Circle Internet Financial, may still be able to redeem all its coins for a dollar, but the incident has damaged USDC's claim to being a reliable digital currency. The incident highlights the importance of transparency and regulation in the world of digital currencies, particularly as they become more popular and widespread.

In conclusion, the failure of a bank holding USDC reserves has raised concerns about the stability of stablecoins and what makes a currency reliable. While Circle Internet Financial may still be able to redeem USDC for a dollar, the incident has tarnished USDC's claim to being a reliable digital currency. This highlights the need for transparency and regulation in the digital currency industry.

The responsibility for the situation does not lie with the crypto company. Many fledgling businesses held their funds with SVB, and not just those based in Silicon Valley. A TechCrunch survey revealed that over 60 Indian startups are also experiencing difficulties. It appears that SVB's downfall was due to the executives' desire for high returns, rather than any fault of the crypto company. The bank had invested heavily in long-term interest rates, which are increasing as a result of uncontrolled US inflation. This led to overexposure of the bank's assets and a decline in the value of the mortgage securities on its balance sheet. The resulting unfulfilled and unsecured losses from these investments caused distrust among the bank's depositors.