Propel and BrightyPad Collaboration!
Propel has entered a collaboration with BrightyPad, a brand-new integrated cross-chain ecosystem that introduces an all-in-one solution to launch and manage all your decentralized assets.
Overview
Brighty Pad is planning to build the most advanced IDO launchpad with the fairest distribution and built-in price discovery mechanisms to search for the best matching yields and the best returns for the IDO buyers and the IDO project managers.
Their Launchpad will be a 100% truly decentralized, multi-chain, and fully interoperable environment based on multi blockchain architecture with the most powerful and fairest market distribution algorithms.
BrightyPad will the first ever IDO launchpad platform to have some of the most powerful combinations of decentralized fundraising, optimized price discovery and fair final settlement in preparation for distribution.
BrightyPads Main Priorities
- BrightyPad will focus on main issues like BrightyPad (platform) functionality and user experience.
- Advanced Launchpad features to assist user for a wide variety of task.
- BrightyPad (platform) will make the sale and purchase of tokens in a seamless manner.
- Next generation DEX user interface can trigger transactions at the best possible times based on limit orders.
- Customer support system across multiple platforms to gather feedback and to help troubleshoot users’ problems with their BrightyPad (platform) in the group.
BrightyPad IDO Platform
IDO launchpads are designed for decentralized fundraising. Conventional launchpads tend to rely on the first come and first users. Unlike traditional launchpads, their launchpad is fair and equitable for all and yet it will still reward token holders just as a centralized exchange would. The BrightyPad launchpad doesn’t have high financial barriers to be able to enter the market.
BrightyPad also does not have whitelist spots based on first form fillers. The Brighty launchpad fundraising will follow the trilogy system marked in three rounds. The system ensures guaranteed fund allocation to the participants based on the quantity of BrightyPad tokens they own. Look at our trilogy system for fund allocation:
Round 1: This round will include
All token holders in the pool fulfilling the base requirements of staked BYP tokens.
BYP Token Holders can contribute based on the staked quantity of BYP tokens or the size of their pools they are providing liquidity for.
Round 2: Optional. This round will include
All token holders who currently have BYP tokens in their wallet irrespective of staking
KYC
Whitelisting:
All users will be allotted six hours to buy tokens. It is the same time frame when they can contribute to the given IDO projects.
Round 3: The third round will only take place if IDO projects have any unsold/spare tokens.
Round 4: The round is open for everyone and no criteria of staked BYP token applies here. The only criteria the users need to meet is whitelisting criteria.
About the partnership
Propel and BrightyPad wish to grow and develop together. And, also give marketing boost to each other.
About Propel
Propel is a global blockchain infrastructure solution platform that offers end-to-end, plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Their solutions are available for multiple blockchain ecosystems and include multichain capabilities.
They holds the distinction of being the only provider offering DaaS, MaaS, and Staking solutions under a single umbrella.
About BrightyPad
BrightyPad is a brand-new integrated cross-chain ecosystem that introduces an all-in-one solution to launch and manage all your decentralized assets.
SOURCE
https://propelxyz.medium.com/propel-x-brighty-pad-fd561316f0f6
