KickPad launched a few days ago and has taken the BSC market by storm. They have trended on Coinmarketcap, Coingecko, and reached a peak volume of over $60,000,000. Additionally, they have partnered with notable projects, advisors & investors such as DuckDAO, AU21, Orion Protocol, Garlam Won, and Momentum 6.
How has KickPad managed to do all this in such a short timeframe? The answer might lie in their vision: KickPad aims to get investors one step closer to a better crypto experience.
To accomplish this, the team primarily focuses on two objectives:
1. Making Defi safer and easier to use.
2. Democratizing and equalizing IDO releases for the inexperienced crypto investor.
These objectives are related explicitly to two well-known issues. The first issue is rugpulls, which make Defi less safe by removing liquidity, rendering the token worth useless.
KickPad’s presale platform will fix one of these problems – liquidity locking. These current manual measures are made automated and trustless via KickPad’s smart contracts. They are rendering liquidity pulling useless for bad actors. Furthermore, a genuine issue with how presales operate in crypto is that allocations for private/presales are provided to influencers, venture capitalists, and well-connected individuals. As a result, ordinary users often miss out on early investments. KickPAD will favor token holders and stakers by the use of a “Pool Weight Score,” enabling retail investors to participate.
The IDO- and rugproof presale platforms are two separate platforms that KickPad provides. These two services will be explained below.
IDO Launchpad and Incubator
An IDO platform that allows you to participate in exclusive initial digital offerings by holding $KPAD tokens. There are two options to participate in this auction: a private sale (higher tier) and a public sale.
Staking allows you to access private sale allocations while holding will enable you to access public sale allocations. The allocations are determined by a formula known as the “pool weight score.”
Additionally, KickPad will collaborate with high-quality projects with solid teams. These collaborations will launch innovative and robust ventures coupled with KickPad’s marketing-tools — seeing projects through the entire product creation cycle.
A presale platform called KickDex on Binance Smart Chain that automatically adds liquidity to PancakeSwap. Users will see how much liquidity will be applied and locked to PancakeSwap after joining a sale pool. This might provide the buyer with some peace of mind and confidence in the entire presale process, while also allowing sellers to avoid questions fueled by fear, doubt, and uncertainty.
While these two features are focused on KickPad’s safety vision, how do people know the platforms are safe to use? Before launching, KickPad announced that they would have at least four audits ready to ensure total clarity. Current released and completed audits include; Hacken, CertiK, Solidity Finance, and Zokyo.