SUIP
No. 1108Market | Price | 24H Change | 30D Change | 24H Volume | 24H Value |
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Introduction
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1. Project introduction
SuiPad is a decentralized launchpad that operates on the Sui network and offers an IDO launchpad for early-stage token sales for Sui projects. The company has partnered with MystenLabs and uses a curation process and industry access to offer the new projects on the Sui blockchain. SuiPad aims to address the lack of knowledge among retail investors and the issue of token prices falling below the IDO price after launch.
SuiPad offers unique features such as the Sui Tank, which is an educational and entertaining web3 "Shark Tank" series, and the SuiPad Shield Insurance that safeguards participants' principal capital and tailors to their risk appetite.
SuiPad offers a staking and tiering system, with six tiers ranging from Ruby to Sui, and a lock multiplier system that allows SUIP stakers to earn a higher tier without additional staking. SuiPad also offers a coding bootcamp called the SuiPad Academy, which trains people to become Web3 developers. The program covers front and back-end technologies, computer science fundamentals, and Web3 development.
2. Team introduction
Co-Founder & CEO: Joe Wan
LinkedIn: https://www.linkedin.com/in/joewanjh/
Co-Founder & CMO: Daffy Lau
LinkedIn: https://www.linkedin.com/in/daffy-lau-5b39aa180/
3. Investment institution
NGC Ventures, GBV Capital, Cogitent Ventures, Rarestone Capital, Kernel Ventures, Kairon Labs, NewTribe Capital, Moonrock Capital
4. Application and distribution
Total supply: 100,000,000
Token application:
Governance and voting, tiering system, staking
Token distribution:
Team: 20%
Advisors: 3%
Pre-Seed: 2%
Institutional Investor (Seed Round): 14.2%
Strategic Sale (Private Round): 22%
IDO: 9.8%
Initial Liquidity: 10%
Marketing & Community: 4%
Launchpool: 2%
DAO Treasury: 13%
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