TrustPad is a decentralized multichain fundraising platform built on a Binance Smart Chain (BSC) network. The platform aims to enable the projects to raise capital and ensure safety to traders. That means the platform seeks to make DeFi a safer place whereby users can stake TrustPad tokens to get early access to new and promising projects.
Trustpad aims to act as a bridge between promising crypto and users as the project provides the funds to the companies and safety to the traders. Users need TPAD for staking so that they can participate in IDO. IDO of new blockchains can be attained in three ways that are guaranteed allocation, lottery, and FCFS (first come, first service) basis. An IDO (initial DEX offering) is a crypto token offering that runs on a decentralized exchange.
The platform is a launchpad for seeking to introduce hand-picked, high-quality projects on the blockchain such as Bithotel, Bloktopia, Senate, Babylons, Husl, and more. Further, there is no fee applied for stakingpools. Only one redistribution fee is applied where 1% of the fee is deducted on every transaction/transfer, which is further redistributed to all TPAD holders. To participate in IDOs (initial DEX offerings) of new projects, users need to create a crypto wallet and link the same to their profile on Trustpad.