May 4-th held an Ask Me Anything session at ICOSpeaks telegram chat. From the Playpad side, there was
Before we go to the first set of questions, could you please do a short self-intro?
👨💻 Onur Isik | CEO | @onurisik77
My name is Onur. I graduated from a well-known technical university in Turkey with honor graduates.
Before creating the PlayPad, I worked in the industrial equipment, automotive, and tourism sectors as an executive and business development manager in different countries. I have been in the crypto industry as a trader and a manager for six years. And Since June 2021, I have been the CEO of PP Technology and Software Limited, and PlayPad is our first project on the crypto market as we launched in November 2021.
Let’s get started!
Q: Could you please tell about your project: PlayPad? A launchpad or an incubation zone?
A: Actually, Playpad is the multi-chain, next-generation Launchpad, and Incubation Zone.
It is the ultimate choice of crypto investors to invest in high-quality blockchain projects worldwide. Playpad provides the investors with the Fastest & Cost-Effective Way of Investing in Crypto through participating in IDOs, IGOs, INOs.
Q: Can you briefly describe what differentiates PlayPad from others?
A: Actually I can say a lot of points about that;
The Quality Projects: PlayPad only works with promising crypto projects, game-fi, de-fi, and metaverse projects with high ROI possibilities for its investors and its community. You can participate in the IDOs, IGOs, and INOs which you can find only on the top-tier launchpad platforms.The Quality Projects: PlayPad only works with promising crypto projects, game-fi, de-fi, and metaverse projects with high ROI possibilities for its investors and its community. You can participate in the IDOs, IGOs, and INOs which you can find only on the top-tier launchpad platforms.
Detailed Review Process: The review process that PlayPad conducts is a very detailed one. The review team evaluates a project and decides whether a project is worth doing IDO for under the lights of this project’s backers, investors, technology, founders, team, tokenomics, and other qualifications.
PlayPad Guarantee: We keep the funds invested by our community under our protection and we will not transfer the funds to the project until the project accomplishes a successful listing on a CEX or DEX.
The Fastest Eligibility: To be eligible for holding a PP Ticket, you need to stake 10.000 PPAD only for 7 days. From that perspective, this is the shortest period among other launchpads. PlayPad enables and helps you to participate in great and quality IDOs, IGOs, INOs in a fast manner.
The Ease of Use: Playpad’s stake pool mechanism is one of the fairest models in the market. There are relatively easy unstacking requirements when compared to other launchpads.
Deep Experience: Playpad has a very experienced review team whose aim is to only bring quality, financially strong crypto projects to our platform so that PlayPad ensures the interest of its community. The community and the users are the priority of PlayPad.
Q: Can you briefly describe your Partnership Strategy?
A: In Playpad, we give great importance to every partner of us. We are stronger with our great partners.
We have two types of partnerships:
1- Strategic Partnership which we build with the venture capital companies.
2- Ecosystem Partnership which we build with launchpads, chains, market makers, agencies, metaverses, and other blockchain industry companies.
You can see all our partners on new website 👉 https://playpad.app
Some of our Strategic partners are DreamBoat Capital, Sanctum Global Ventures, Moonlift Capital, Traveler Capital, MH Ventures, and also we have great relations with Animoca Brands, OKx Ventures, Master Ventures, Maven Capital, and more.
Some of our Ecosystem Partners are Parallel Chain, Skynet Trading, Blockpass, Peckshields, Polygon Chain, Polygon Studios, Kommunitas, InfinityPad, and more.
Q: In PlayPad, what is PP Ticket Allocation system? How to participate in PP Ticket Allocation system and what are the benefits of the PP Ticket Allocation system?
A: The PPAD holders can benefit from bigger allocation purchase opportunities in this round. They still need to have their KYC approved and then they have to stake at least 10.000 $PPAD tokens before a given IDO, IGO, or INO. Every 10.000 $PPAD tokens guarantees 1 PP Ticket which represents the right to purchase a certain amount of allocation for the IDO.
Some rules are here;
-%70 of the Total Allocation will be used for a PP Ticket Round.
-Only stake pool will be calculated for ticket allocation.
-The minimum stake amount will be 10k PPAD for 1 PP Ticket.
And about locking advantages;
Lock your PPADs and get multiple PP Tickets immediately.
If you lock PPADs for 7 days, you will get 1x PP Ticket
If you lock PPADs for 30 days, you will get 2x PP Ticket
If you lock PPADs for 90 days, you will get 3x PP Ticket
If you lock PPADs for 180 days, you will get 5x PP Ticket
Also, you can add more PPADs later to the stake pool or extend your lock period for more PP Tickets. Harvest and Unstake are not available during the lock period.
Q: What is the Security Strategy of your project? How do you keep your users and their funds safe?
A: Security and protecting our community has multiple dimensions.
From a technical perspective, our smart contracts are audited by Peckshield so that we ensure the quality, the solidity, and the strength of our technology.
From a legal perspective, Playpad is the project of PP Technology & Software Ltd which has been a legally established company and we have been doing very strict contracts with the projects. Those contracts ensure the best interest of our community and protect the rights of our investors.
From an investment perspective, we guarantee the health of our communities’ investments by ensuring the healthy listing of the projects and the healthy token distribution. For example, We keep the funds invested by our community under our protection and we will not transfer the funds to the project until the project has accomplished a successful listing on a CEX or a DEX.
Q: What are the advantages of your new Web Page? Key Features?
A: OMG! A lot 🤭
1- BRAND NEW WEB INTERFACE with GREAT FUNCTIONS
Now it has the user-Friendly Interface with Easy Use, Clear Dashboards, New Features & COOL Functions.
2- ONE STOP SHOP FOR ALL YOUR INVESTMENTS
All investors can see their investments, transactions, tokens in a single place.
3- YOUR ALLOCATION UNDER YOUR CONTROL
You can see how much project allocation you will have in advance at any time. Investors will know in advance how much allocation they will receive from which sale and will be able to calculate
4- ALL STATISTICS AT YOUR SERVICE
You have the access to all Playpad’s sales statistics/Performance of the previous projects
5- NEW RESEARCH SECTION
A New Section called “Research” is now live on the new Platform. Investors can find more detailed information and technical analysis about every project. (Whitepaper, Tokenomics…etc)
6- MULTI-CHAIN LAUNCHPAD
As the New PlayPad platform supports all EVM-based blockchains, investors will have early access to all projects regardless of blockchain.
7- VERY CLEAR DASHBOARD for your Stake & Farm Pools
Investors will be able to see in detail how much allocation they have obtained from which Staking, Farming, and Gaming functions they have done.
Actually, you will love our Dashboard specially…
Q: What are the criteria for selecting the project in Playpad?
A: We have more than 200 project requests every month. From our Affiliate Members (KOLS), from our partner VCs. But really difficult to review all projects in the market conditions.
There are certain review criteria. These criteria determine the category of the project.
The most important top 10 criteria are:
1 – the technical infrastructure of the project
2 – the investors of the project
3 – token metrics of the project
4 – the roadmap is well planned
5 – marketing studies
6 – market values of competitors similar to the project
7 – blockchain experience of the project team
8 – project partners
9 – DEX and CEX status of the project
10 – social media status of the project
And similar features are evaluated one by one and scored. Then we accept, follow or reject projects depending on the result.
Also we offer to join our incubation zone, if we believe that, the project can grow and develop in short term.
Q: Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?
A: Yeap, we have created a youtube channel and the PlayPad videos will soon be published in our own youtube channel. We will share our channel link soon.
At the meanwhile you can watch some tutorials from the links below (from some of the YouTubers): https://youtu.be/nF6USloqh4g
Q: Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
A: You can see our tokenomics in that link 👉 https://playpad.gitbook.io/playpad/tokenomics
Actually we locked one year 10M tokens for Team. But as we announced that we burn %1 of remain team tokens for each IDO or IGO. Till today we burned almost 2,3M PPADs. You can find the proof in our medium articles.
Q: Is your platform suitable for crypto beginners? Or does it only limited for professional users ?
A: Yes sure, Playpad can answer both the need and usages of professional users as well as the usage of crypto beginners. As you remember, one of the great features of our platform is its “ease of use.” Please look at the “Learn More” section of our website.
Q: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
A: We have been giving great importance and prioritizing the needs and asks of our community. Especially when creating our product and website, our communities directions and feedback were our main consideration points. This is how we created our new website, and its features have been designed with our community’s feedback.
Q: Is project only for elite investors, how about others with small funds, is it open to everyone?
A: As I mentioned at the beginning of AMA, Playpad provides the investors with the Fastest & Cost-Effective Way of Investing in Crypto through participating in IDOs, IGOs, and INOs.
Its means you can invest less than other platforms to get more allocation from our launchs. You can check easily and compare how much you need to invest in getting allocation from the minimum tier level in all launchpads.
ICOSpeaks hosted an AMA Session with the Playpad Team. That’s all for today.
Thanks to all users who participated.
Thanks, Playpad for being with us
Thanks, all and see you soon😉
Wanna know more?
Take a look at our other ama sessions