Introducing DegenPad: The next evolution in web3 launchpads

DegenPad launches in Dubai, empowering web3 investors with exclusive access to high-growth, low FDV projects through a community-driven IDO platform.

Dubai, UAE, August 27th, 2024 — Today marks the official launch of DegenPad, a platform dedicated to empowering web3 investors by offering exclusive access to high-growth, low fully diluted valuation (FDV) projects. Designed by the team behind ChainGPT, DegenPad isn’t just another Initial DEX Offering (IDO) platform — it’s a launchpad built by degens, for degens.

What is DegenPad?

DegenPad is a unique convergence of web3 culture and high-stakes crypto investing. It serves as a gateway for both seasoned traders and newcomers, providing a fun and accessible platform to participate in some of the most promising projects in the decentralized finance space. 

With a mission to uncover diamonds in the rough, DegenPad focuses on projects with low FDVs, aligning with the emerging market trends toward more sustainable and transparent tokenomics.

Key features of DegenPad:

• Streamlined IDO process: DegenPad’s IDO process is meticulously crafted for efficiency, ensuring a seamless experience from project announcement to token distribution.
• Community-centric approach: DegenPad prioritizes its community, offering a platform where engagement is both informative and entertaining, guided by meme strategists and experts in the field.
• Robust security: Powered by advanced technology from ChainGPT, DegenPad guarantees a secure and transparent environment, protecting both investors and projects.
• Comprehensive support: From concept to launch, DegenPad offers full-spectrum support to projects, ensuring they stand out in the competitive DeFi landscape.

Tier system and staking benefits

DegenPad features a fair and accessible tier system designed to reward participants based on their level of involvement. Whether starting with $10 or $20,000, there’s a place for users at DegenPad. The platform offers four tiers—Ape, Chad, Shark, and Whale—each providing increasing access and benefits. By staking CGPT tokens, users can earn points determining their tier and influencing their access to IDOs and governance within the ChainGPT DAO.

Flexible refund policy

To enhance security and trust, DegenPad has implemented a novel refund policy. After completing an IDO, users are given a grace period to request a full refund if they choose not to claim their tokens. This policy ensures that investors can reassess their decisions, adding a layer of protection against volatility and project underperformance.

Meet the launch projects

DegenPad is kicking off its journey with a selection of six innovative projects, each embodying the platform’s commitment to high-growth, low FDV opportunities:

• Porta Wallet: A comprehensive solution for digital asset management, offering features such as social trading, thorough wallet management, and high-speed sniping tools to make trading effortless and efficient.
  
• Fanton: A new frontier in Fantasy Sports and Gaming on Telegram, leveraging the TON blockchain and Telegram’s user base to provide an engaging fantasy sports experience.
  
• PolarFighter: The first-ever collection of ERC-1000 tokens from Polarise Protocol, aiming to revolutionize multi-chain digital asset finance with innovative financial tools and secure services.
  
• Stage: A platform transforming the music industry by combining Idol-style music competitions with SocialFi, empowering fans to influence artists’ success while earning tangible stakes in their careers.
  
• Shieldeum: An AI-powered Decentralized Physical Infrastructure Network (DePIN) designed to enhance internet security for Web3 projects and cryptocurrency holders, providing advanced security features for digital assets.
• NOTAI: NOTAI simplifies the onboarding process through the Telegram mini-app, offering automated wallet creation, account abstraction, and an intuitive user interface. This makes web3 accessible even to users without a technical background​​​​.

Join the DegenPad community

• Website: DegenPad
• Twitter: @DegenPadHQ
• Medium: DegenPad on Medium
• LinkedIn: DegenPad on LinkedIn
• Apply for IDO: IDO Application Form

General resources:
Website | Crypto AI Hub | ChainGPT Pad | CryptoGuard | 
Documentation | CGPT DAO | AI NFT Generator | Staking | Blog |

Community and social media:
Twitter | Pad Twitter | Telegram | Discord | Instagram | LinkedIn | YouTube | TikTok

General BD:

Contact Person(s): Jacob Wallace / Chris Duggan / Sharon Sciammas

Contact Email(s): [email protected] / [email protected] / [email protected]

To learn more about ChainGPT, visit the official ChainGPT.org website

For all inquiries, please contact [email protected] 

About DegenPad

DegenPad is a community-centric IDO launchpad powered by ChainGPT.org, dedicated to revolutionizing the way projects launch and thrive in the decentralized finance sector. With a focus on accessibility, transparency, and community engagement, DegenPad offers a platform where innovation meets opportunity.