BCHPAD is a DeFi LaunchPad on Smart BitcoinCash, it is like a Binance Launchpad where you have to commit certain amount of BNB to get an airdrop from the token launched. But it has difference as in Binance launchpad they'll only get a portion of your BNB in exchange of the token you received while in BCHPAD, whatever amount of WBCH (wrapped) you committed will be fully exchanged with $BPAD, the governance token of BCHPAD.
What exactly is BCHPAD?
BCHPad is a decentralized IDO (Initial DEX Offering) protocol built on SmartBCH so new projects can raise funds and kickstart their projects in a decentralized and permissionless manner. The project aimed to solve the issue of rug pulls and scams on SmartBCH and provide security of the investors' funds.
Source: https://www.bchpad.cash/
Last October 12 the pre-sale of $BPAD started and it lasted for 7 days, the total WBCH committed was 100 BCH (99.9), or it is called the Hard cap.
Pre-sale lasted 7 days
Pre-sale price at 0.00001 WBCH
Tokens for sale 7,500,000 BPAD
Soft Cap 20 BCH
Minimum contribution - 0.10 WBCH
Maximum contribution - 4 WBCH
BCHPAD launched at Mistswap
2AM in PH time (October 19, 2021) BCHpad finally launched at Mistswap DEX, I even set an alarm to wake up just to see how it goes. I committed 0.15BCH only and in return I got 15,000 $BPAD, that was 0.27BCH upon launching, because my brain got hang over it didn't function well.
I was hesitant to sell, was thinking to hold or sell but then when I decided to sell it already dump to 0.21BCH 😂
I sold the initial capital 0.15 BCH that is 10,679 BPAD.. then it dumps more, before I slept I decided to buy back the same amount and it gives me 11,801 BPAD..
If my brain function well and sell right away I could have more, but yeah brain has it's hang over as well as it has to be awake at 2AM lol.
Currently I have 16,156 BPAD which means I added 1,156 BPAD when I traded it using the same capital without adding anymore. It is currently worth 0.24BCH, which means my 0.15BCH capital grows 0.09 BCH that is worth $55 at current price of BCH..
But since I didn't take profit yet, it's still unrealized profit. I plan to hold for a while and see how the project goes as they are now currently looking for partnership wherein every BPAD holders will receive an airdrops from the token listed on BCHpad, it's like a Binance Launchpad style.
Source: my noise.cash post
I am convinced that the project looks good as it can help investors filter scam tokens to be launch in it plus the fact that holders can receive an Airdrops everytime there are new token to be launch, sounds cool.
If my time permits, I will trade this token as well sounds promising and stable.
For more details about the project you can read @Jane article yesterday as she covered every important details about the project, BCHPad: SmartBCH First Launchpad.
To get in touch with the project follow their official social media and website;
New token contract address:
0x9192940099fDB2338B928DE2cad9Cd1525fEa881
Join Telegram for project updates:
Twitter account:
https://mobile.twitter.com/bchpad
Website:
Token Launched Review
The launched went smoothly and fairly as we didn't have to claim the token on the site but it was dropped right away in our wallet as long as we input the new token contract address.
Now they are currently working on Marketcap.cash listing and looking for partnership. The developer or the admin very transparent and organized, that is why the project seems great. You can even ask him directly in Telegram unlike others that is very aloof to reach out.
Btw, special thanks to @Eirolfeam2 for promoting this at noise.cash, through her post I know about this project. I also promoted it at noise, I just don't know if anyone really participated on pre-sale.
Disclaimer: I am just sharing opportunity to grow our money as I saw it seems a good project but still this is not financial advice and as always DYOR before investing.
Heya,
What about you? Have you joined the pre-sale?
Thank you for reading!
Note: Original content unless revamp.
P.S you might be thinking I wrote this because Jane got $100 tip from BCHPAD, of course not. It's because it was one of my content today at noise that I highlighted 😆, just in case you'll over think lol.
Date Published: October 19, 2021.
Uy mukang maganda pala 'to di ako nakasali.
'Yung 0.15 BCH mo parang na-convert lang sa BPAD? Or parang airdrop 'yung BPAD?