Disclaimer: The text below is a press release that was not written by Cryptonews.com.
RocketPad team is happy to announce its Public Sale. After a seed sale which went unexpectedly well and the pre-sale soft cap (ascertained at 75% of the pre-sale allocation) reached in a grand style, comes the Public Sale.
Rocketpad is a community IDO platform built on the Cardano blockchain. At its core, Rocketpad was created to enable startups and new businesses to raise capital to scale their operations in a decentralized and transparent manner. The native blockchain called ‘Cardano’ named after the Italian polymath is the third-largest blockchain behind Bitcoin and Ethereum.
It enjoyed rapid growth due to the usage of the proof-of-stake protocols - often seen as the greener alternative to proof-of-work - thus addressing the concerns of environmentalists. A sudden surge in popularity came after the Alonzo hard fork and now the platform is widely anticipated to cross Ethereum in terms of network transactions due to its technologically and financially superior DeFi tools.
In line with this, ROCKETPAD will become the place where Cardano’s extensive community can come together to fund high-growth projects characterized by the immense potential for future success.
After buying the utility token at the platform’s IDO, the owners will receive IDO tokens which will enable them to vote on the projects they believe have the potential to qualify for IDO on their platform.
The business model allows $ROCKET holders who have staked their tokens to generate revenue, as they will be able to farm ADA, earn more $ROCKET or do both using their token. Holders of $ROCKET can also use the ROCKETPAD Insurance Program by keeping their $ROCKET after sale.
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