Matic, Polygon, PolyPad, what is the development line? Don’t panic! We’ll have it all covered. We’ll brief you step by step from Matic to Polygon and from that to PolyPad.
Polygon and Matic are the same platforms, and Matic Network was the former name of Polygon, which is a platform for building blockchains compatible with Ethereum. Polygon focuses on interoperability and scaling of blockchains, and it is a layer2 scaling solution designed to attract the public attention to the adoption of the Ethereum network. Polygon is developed to increase the speed, throughput, and efficiency of Ethereum and other chains compatible with EVM (Ethereum Virtual Machine).
The name of its token is MATIC (yes, all capital), which is a governance token used for staking and paying gas fees. Check out these staking pro tips that earn you sweet millions of money! Polygon strives to expand decentralisation by providing decentralised applications (dApps) to highlight security, high performance and pleasant user experience. To read more about Polygon, follow this blue line!
PolyPad is going to be the upcoming project in the Bluezilla ecosystem. In a nutshell, PolyPad is a launchpad for Polygon ecosystems. It is actually Polygon’s first decentralised IDO and incubation platform, which plans to help projects’ fundraising ability, develop loyal users, and provide early-stage investments for retailer investors and potential users. PolyPad is a deflationary launchpad, which means it includes a %10 fee on all token sales and up to %25 on early unstaking fees.
If you’re new to the world of crypto, you need to learn some expressions and terms to survive! Here is a list of must-know crypto terms. Now, let’s see what a launchpad is. The advent of blockchain was a game-changer for centralised projects, and gradually many projects strived to go decentralised. Many of these projects need the decentralised world to raise capital and keep their businesses running. Learn more about fundraising methods in crypto. Launchpads, aka incubators, are platforms that help blockchain-based projects raise capital and allow early-stage token sales for their investors.
PolyPad sell fees will all be in MATIC and will be distributed as follows:
Another possible way is to unstake early, which involves a %25 burn fee, but if you wait for four months, unstaking will be free of charge. Also, anyone staking or holding KCCPAD or TRONPAD will be allowed to swap these tokens to POLYPAD tokens at TGE.
Today, on Apr 15, 2022, PolyPad (POLYPAD) holds the #861st rank among all projects in Coingecko.com based on market cap. PolyPad’s market cap is currently $21,786,482, and each POLYPAD Token is traded at $0.01980641. Its 24-hour trading volume circles around $498,693, which shows a -17.0% decrease in price. PolyPad’s circulating supply is 1.1 Billion POLYPAD coins, and its total supply is 2 Billion. PolyPad hit its all-time high this month on Apr 8, 2022, at $0.129057 and yesterday, on Apr 14, 2022, it experienced the all-time low at $0.01850962.
PolyPad’s token, POLYPAD, is allocated as follows:
PolyPad’s Tiered system consists of two rounds, the first of which includes six schemes known as Diamond, Platinum, Gold, Silver, Bronze, Iron. This system claims to provide equal opportunities for all tokens and LPs holders to take part in the IDOs. The team claims that bot manipulation is almost impossible to happen. Let’s go for the details of the six schemes in the first round.
In the Diamond scheme, users should hold a minimum MPAD of $200,000. The pool weight is 40, and joining PolyPad on social media is required. The guaranteed allocation is FCFS.
In the Platinum scheme, you need to hold a minimum MPAD of $80,000. The pool weight is 26, and following PolyPad on social media is required. The guaranteed allocation is FCFS.
In the Gold scheme, anyone should hold a minimum MPAD of $40,000. The pool weight is 17, and it is required to follow PolyPad on social media. The guaranteed allocation is FCFS.
In the Silver scheme, anyone is obligated to hold a minimum MPAD of $20,000. The pool weight is 10, and it is required to join PolyPad on social media. The guaranteed allocation is FCFS.
The minimum MPAD you need to hold in the Bronze scheme is $8,000. The pool weight is 5, and it is an obligation to join PolyPad on social media. The guaranteed allocation is FCFS.
In the Iron scheme, the minimum MPAD that anyone should hold is $4,000. The pool weight is 2, and joining PolyPad on social media is required. The guaranteed allocation is FCFS.
In round two of the PolyPad Tiered system, the tokens left from the first round quill be sold. Everyone is allowed to participate in the second round, even the holders from the first round. This second round will last some hours and will finish upon selling out all the tokens.
Disclaimer: Don’t take this article as financial advice. You need to DYOR (Do Your Own Research) before investment.
The following predictions of the PolyPad price in the coming years stem from its current performance. It’s needless to say that these are merely predictions, and you need to consult with your financial advisor before taking any steps regarding this or any other crypto projects.
Experts predict that in 2022, the price of the PolyPad token (POLYPAD) may reach a minimum of $0.025. The POLYPAD price can reach a maximum of $0.029, with an average trading price of $0.026.
The minimum price of PolyPad is predicted to be $0.037 in 2023. The PolyPad price is expected to reach $0.044 at the maximum, with an average price of $0.038 throughout 2023.
In 2024, the price of each PolyPad token is predicted to reach $0.056 at least. The POLYPAD price can reach a maximum of $0.063 in 2024, with an average trading price of around $0.057.
The minimum price of PolyPad in 2025 is predicted to be $0.077. The maximum level of POLYPAD price can be $0.097, with an average price of $0.079.
PolyPad was designed to provide solutions for the problems of token adoption and liquidity in crypto projects. PolyPad’s economic model is developed to benefit loyal users, and by holding its deflationary token, investors are provided with the opportunity of early investment deals. PolyPad claims to prioritise safety and transparency with guaranteeing token allocation.
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