IPAD Research
Over the past few months I’ve written about a few different projects on Dao Maker (such as XCAD and Lossless)
It’s no secret that the DeFi market got very frothy for a while back there!
I wasn’t immune to the hype but I’ve been around crypto for enough cycles to know the chances that “this time is different” are so close to zero that it makes it a bad bet to take that the market isn’t going to end up cooling down for a while at least
My “shitbag” of 2018 ICO tokens worth next to nothing reminds me to stay grounded
So, as the market cooled down and entered a period of uncertainty I started to look for projects that were a bit of fun/degen plays and those that I think are good long term bets
Of course, this is crypto — long term bets are always going to be inherently risky but historically you only need one or two to pay off to more than cover any bad bets you’ve made
And if you look at past cycles in crypto, the fact we’ll have another big bull cycle at some point IS a bet I’m willing to take!
Dao Maker has been a go to of mine when looking for those longer term bets
I don’t expect everything they launch to succeed but it’s clear that they think carefully about what they do and look for solid projects with a decent chance of success, instead of just pumping out whatever they can
So when I came across Infinity Pad ($IPAD) and saw they were partnered with Dao Maker, I wanted to look into it further and figure out why and how a project I see mainly as a launchpad, is launching a new launchpad?!
What is Infinity Pad?
Let’s be honest, there’s no lack of launchpads out there
I think I’ve lost count of how many I’ve been involved with at some point
So why launch another one?!
Some of the problems the current launchpads have include:
- Gas wars, which not only prices the average person out but can make using the respective blockchain hell for all users. We have all seen this happen on Ethereum all through the bull run. BSC may have much cheaper gas prices in general but it hasn’t been immune from this
- FCFS (First Come First Serve) which ends up being a game of who has the most sophisticated bots. Although it appears to have started with good intentions, the market has demonstrated that there is nothing fair about this model considering the amount of platform token users have to hold just to get in, only to end up with nothing
Infinity Pad have thought about these issues and come up with some innovative solutions
For example, people eligible and interested in purchasing tokens in a project’s presale can pre fund their allocations far in advance
This means that people don’t have to panic about “getting in” at launch, and can concentrate more about looking at the projects launching through the lens of whether the price they will be paying on presale makes sense on a longer horizon
On top of this they have added features that their direct competition haven’t (and probably can’t) include in their launchpads
Their partnership with Dao Maker gives them access to the entire Dao Maker ecosystem, which boasts over 120,000 KYCed and 400,000 registered users
This gives them an immediate and inbuilt reach that other launchpads have to build from nothing
This should help them attract higher tier projects looking for a community — as we know, community building is essential but very difficult
Their “Winner rotation” model will help ensure that users have a fair chance of being able to invest in presales because for every time you don’t win an allocation, your chances get better
This is a similar model to that taken by Polkastarter for example, although for that particular launchpad it may have been too late of a change to entice new users
Team behind Infinity Pad
The team consists of some of the biggest names in crypto including Tik Tokers like Pablo Heman with over 600k followers and over 20M views. You can check him out on TikTok here https://www.tiktok.com/@pabloheman?
And on Youtube here https://www.youtube.com/channel/UC31ohpp6Umqbm_1uji44AgQ
Another TikTok heavyweight alongside him is Blockchain Boy AKA Lucas Dimon pulling even more impressive numbers
https://www.tiktok.com/@theblockchainboy?
For those of us more familiar with CT, the team includes Twitter heavy weights like Infinity Gainz with a Telegram group of over 25k active members https://t.me/InfinityGainzz and its owner Crypto94 with over 29k followers on Twitter https://twitter.com/CryptoExpert101
Last but definitely not the least is Altcoin Sherpa with over 112k on his Twitter https://twitter.com/AltcoinSherpa and a Youtube account with over 6k subscribers https://www.youtube.com/c/Altcoinsherpa
The combined power of these guys comes not just in the experience they have with presales and their existing audiences, but their KOL networks that will help bring attention to projects
Recent Changes to DAO MAKER
Dao Maker recently announced a series of updates and changes on their Twitter account https://twitter.com/TheDaoMaker
Infinity Pad is possible because of the new toolkit launched by them called Chainmaker https://chainmaker.daomaker.com/, which gives teams the power to launch their own launchpad with the assistance, network and tools Dao Maker has to offer
In return a portion of the launchpad’s token is airdropped to DAO stakers
This is an innovation that Dao Maker has brought to their token holders to ensure that the token has extended use beyond purely speculation or yield farming
More about $IPAD token
The tokenomics for $IPAD appear to have been well thought out
$IPAD will be used for Governance, vault staking and IDO participation
The emissions schedule is friendly to retail investors, as 70% of the token will be in circulation from day one so you don’t have to worry about some weird unlock gimmicks or last-minute change of vesting schedule which have destroyed a lot of value for investors in the past
Thoughts on the future of Infinity Pad
Look, there is no lack of launchpads on BSC
Do we really need another one?
Well, no, not unless they’re doing something different to the current offerings
For me personally, I think BSC still has legs
Amongst all of the “hot new chains” that have come out in the past DeFi bullrun, BSC is still by HUGE AMOUNTS the most popular
I think that the market is in a state of indecision, but I’m not betting on BSC just going away being one of the most likely outcomes
In market conditions where money is harder to come by, there tends to be more of a focus on quality over quantity when it comes to new launches
While I think there’s definitely a place for degen plays in current market conditions and we will still see coins pump crazy multiples sometimes, a lot of investors are looking for more solid, long term investments
People are, rightly, more wary of the projects themselves and the platforms that are offering them
With the mechanisms in place to hopefully incubate and launch solid projects, tap into existing communities and utilize the toolkit on offer from Dao Maker, I think Infinity Pad are offering a different enough value proposition to warrant some attention
How to buy $IPAD?
I have participated in a Private Round with DAO Maker
Infinity Pad Listing
July 22, 11 am UTC The $IPAD token will list on: — PancakeSwap (BUSD) — http://Gate.io (USDT) — Uniswap (USDC)
Want to stay updated on all things Infinity Pad?
Twitter: https://twitter.com/realinfinitypad
Telegram: https://t.me/ipadchat
Website: https://infinitypad.com/