Bitget AMA Recap from the 9th of May

IQ Zone
13 min readMay 14, 2022

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AMA Announcement

Bitget is a crypto-asset exchange located in Singapore. And recently it became an official CEX partner of PlayPad. Following the listing event, Bitget Community hosted an AMA session with PlayPad on the 9th of May. It n was divided into 3 parts with a total crypto reward pool of 111,000 $PPAD in Airdrops. Let’s look through the most interesting points of the AMA.

Yumy Bee | Bitget

Today, we’re honored to have Onur Işık, CEO of PlayPad, in our community to give us a more intuitive introduction to their amazing project.

Welcome, Onur Işık👏👏👏👏

Onur Işık | PlayPad

Hello dear Bitget Community, thanks for that great opportunity here.

Yumy Bee | Bitget

Thanks for joining us 😊

PART I: 6 Introduction Questions

Yumy Bee | Bitget

Q1: Would you like to introduce more about yourself first?

Onur Işık | PlayPad

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.

Yumy Bee | Bitget

Thank for your Introduction, Cool, you have many job experiences 👏👏

Q2: What can you tell us about PlayPad?

Onur Işık | PlayPad

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.

PlayPad is a multi-chain launchpad supporting all the main chains including Ethereum, BSC, Polygon, Metis, Celo, Fantom and more. Incubation Zone can take early-stage projects from the idea stage to VC fundraising, their successful listing on CEX and DEX, and more.

PlayPad is an early-stage gem project which has great backers and partners including leading chains like Polygon, venture capitals like DreamBoat and Sanctum Global Ventures, and a promising Roadmap.

Yumy Bee | Bitget

Q3: What is the role of the $PPAD token, would you tell us more about its tokenomics?

Onur Işık | PlayPad

The PPAD token allows you to invest in new blockchain projects which are held on the PlayPad Launchpad platform and earn passive income. When an investor holds and stakes PPADs, he will be able to benefit from the reward pool and also he will be included in the IDO and IGO pools to gain access to PlayPad Launchpad. Participants will need to stake a predetermined amount of PlayPad tokens (PPAD). The longer you stake, the bigger your earnings will be.

The PPAD holders can benefit from more enormous 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, representing the right to purchase a certain amount of allocation for the IDO.

%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.

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

PP Allocation

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.

About our tokenomics; you can visit that link for more details 👉 https://playpad.gitbook.io/playpad/tokenomics

Yumy Bee | Bitget

Thanks for your clear explanation, holding PPAD is an advantage to Bitget community, it is a chance to earn PPAD here.

Q4: Can you briefly describe what differentiates PlayPad from others

Onur Işık | PlayPad

Actually, a lot, let me explain some of them.

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.

Intelligent Investments: Participating in the IDOs, IGOs, and INOs with PlayPad is more cost-effective when compared to other launchpads. As PlayPad itself is an early-stage GEM project with reasonably low token prices, holding and staking PPAD is considered very advantageous. Eventually, the crypto investors and PlayPad community can benefit from the same valuable promising IDOs, IGOs, and INOs with relatively low participating costs. This is one of the great advantages of the PlayPad.

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, and 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.

Yumy Bee | Bitget

It is clear and straightforward. Thanks for the explanation.

Q5: Can you share with us the achievements and milestones of PlayPad so far?

Onur Işık | PlayPad

We have realized all the activities we planned for 2021 regarding PlayPad’s Roadmap. However, the decline in the market at the beginning of 2022 naturally delayed our launch plans. Many projects have delayed their listing due to market conditions. Meanwhile, we focused on our new web page. The web page that we planned to launch at the end of March was published with a one-month delay. Now we are working on launching the Incubation Zone. From now on, the whole team continues to work with devotion.

Yumy Bee | Bitget

Last but not least.

Q6: Are there any exciting news or updates with regards to PlayPad that you would like to share with our community?

Onur Işık | PlayPad

I think one of the great news is that we have announced Bitget listing yesterday. Bitget is an awesome exchange and we are happy to be there as PlayPad Team. ❤️❤️❤️

Also, Launches in May in PlayPad will bring great RIO for the investors so we urge them all to hold PPAD, and participate in those great projects. 🔥

And, we will announce top-tier IDO, IGO, and INO projects soon. So the communities can benefit from very advantageous investment opportunities with a strong return. 🚀

This is also our pleasure to have your project with us.

Stay tuned and follow PlayPad on our web page, Twitter, and Discord.

Yumy Bee | Bitget

Is it possible to share with the community your social medias? 🙂

Onur Işık | PlayPad

Sure!

Please check our LinkTree, everything is there about PlayPad 👉 https://linktr.ee/playpad

Yumy Bee | Bitget

Thanks for all this great information, I believe the community has a clearer idea of what PlayPad and what you do, etc. Now let’s move on to For part 2, our free-asking segment from Twitter. The 5 Question have been selected randomly.

PART II: 5 selected Question from Bitget Global Twitter

Question 1

Onur Işık | PlayPad

We support our community in many ways, and these make PlayPad a more attractive one in the market. These are:

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.

Also, the project review is another important way of protecting the interest of our community. 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.

From an efficiency perspective, even if you are now a PPAD holder, you can participate in an IDO today just by buying 10.000 PPAD tokens and locking them for 7 days. When you lock them, you can immediately have 1 PP Ticket to benefit from a high allocation from a high return project.

Question 2

Onur Işık | PlayPad

Yeah, even if iNFT and Metaverse projects have some differences, we can support both iNFT, Metaverse, and all the other blockchain projects both with our launchpad department and also our incubator services department.

We have recently created PP Incubation Zone where we can provide the crypto projects including metaverse and iNFT, Game-fi, and De-fi with advanced services:

PP FUNDAMENTAL department services are composed of Tokenomics & Vesting Strategy, Roadmap Strategy, Launch Strategy, SAFT Preparation Advisory, Legal Opinions, and Fundamental Advisory.

PP DEVELOPMENT department services are composed of blockchain development, Website Web3 Integration, Single Asset Staking & Farming, Multi Assets Staking & Farming, Governance, Token Vesting Platform and more.

PP MARKETING department services include Marketing Strategy Creation, KOLs Marketing, VC Tour for Fund Raising and more.

PP DESIGN services include Corporate Identity, Website Concept Design, Keynotes and Decks preparations and more.

We incubate even early-stage projects from idea workshops to listing events for creating their amazing lifetime and economy.

Question 3

Onur Işık | PlayPad

From a technical perspective, our smart contracts are quarterly audited by Peckshield so that we ensure the quality, the solidity, and the strength of our technology.

You can also find the audit reports from PlayPad’s LinkTree 👉 https://linktr.ee/playpad

Question 4

Onur Işık | PlayPad

First of all, our discord server has been growing with the new languages such as Russian, Arabic, Chinese, Vietnamese, Indian and Turkish Channels: http://discord.gg/playpad

Secondly, we work with the influencers from many different regions and countries, speaking different languages, for example:

https://www.youtube.com/watch?v=HPq22RaqMOA&t=7s https://www.youtube.com/watch?v=OHV2heMfxe0 https://www.youtube.com/watch?v=nF6USloqh4g

And finally, In PlayPad, we give great importance to every partner of us. Partners are very essential for us both to create a bigger value for our communities, to make PlayPad stronger, and to do joint marketing activities to drive more traffic to our platforms. We are stronger with our great partners.

Question 5

Onur Işık | PlayPad

We have created a very clear and fair launchpad participation mechanism. A launch is composed of three rounds which are: Whitelist Round, PP Ticket Allocation Round, and KYC Approved Users Round. The investors and the community can join one or all of them if they comply with the requirements. And this mechanism prevents bot’s participation.

1 — Whitelist Round is a whitelisting campaign built on the Gleam campaign engine. To benefit from the whitelist round and be able to purchase tokens from this round, participants have to have their KYC approved, then register and accomplish the campaign requirements. %20 of the total allocation will be used for whitelist competition on Gleam.

2- PP Ticket Round is the one where PPAD holders can benefit from bigger allocation purchase opportunities in this round. They have to lock at least 10.000 $PPAD tokens for 7 days and they have immediately 1 PP Ticket. %70 of the total allocation will be used for a PP ticket round. KYC is also mandatory for that round.

3- KYC Approved User Round is open to all the KYC Approved Users. %10 of the total allocation is allocated under this round.

Yumy Bee | Bitget

Thanks for all the questions. Thanks for Onur for spending your precious time with us. Congratulations🎉 to the winners. For Part 2, our Twitter Admin will contact the winners for UIDs, please be patient.

Now, our most exciting segment.

Onur Işık | PlayPad

You are welcome.

Yumy Bee | Bitget

We are so excited about the last part!

We will be unmuting the chat soon and give the community 3 min to ask any questions.

Part III: 5 selected live questions from the Bitget English

Yumy Bee | Bitget

…Alright guys, times up, Thanks for all the questions guys.

Now let’s give Onur Işık some time to pick the 5 questions and to write the answers.

Onur Işık | PlayPad

Wowwwwww, really crazy lot! Let me choose and reply. 😇

@AMALavar Question — Partnership is always an important factor for every project. So who is your partner? What are the benefits you get from those relationships Thanks?

Onur Işık | PlayPad

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.

For example:

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.

@BrantBradley Do you have a Token Burning plan to increase Token value and attract Investors to invest? You can share with us, if you do not have any problem then I can buy your token ??? ok sir

Onur Işık | PlayPad

Sure we have a burning mechanism to make PPAD more valuable for our PPAD holders and investors.

Each deposit you make on PPAD’s staking and farming platform has 7 days to withdraw with impunity. If you want to break the stake within 7 days or 20 days after depositing, you will pay a 10% penalty. The 10% of your deposited amount will be sent to PPAD’s commission wallet and all accumulated PPAD will be burned regularly every 6 months.

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.

For more, you can find detailed reading also here: https://playpad.app/news/eba71efcc126

@MdMarufSorker Where can I buy your tokens right now what is your current contract and how can I buy them??

Onur Işık | PlayPad

Of course in Bitget guys. ❤️❤️❤️❤️❤️ Also you can find PPAD in PancakeSwap and Gate.

@John What are the criteria for selecting the project in PlayPad?

Onur Işık | PlayPad

Evaluating the products is so key for us to protect our community and also ensure they can get the highest possible ROI.

There are review criteria we have been using in PlayPad:

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

@Hadeer 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?

Onur Işık | PlayPad

We have been listening to the feedback and asks/needs of our community and we decide on our products and services accordingly.

For example, we have recently developed and published our new Web Site and UI. And we have designed it only with the feedback of our community and the customers/investors. Let’s check 👉 https://playpad.app/

And our ideal customers are crypto investors from all over the world. They are very careful when analyzing and investing in the crypto projects and this is why in PlayPad we apply very carefully, review projects in detail, and bring only the quality and promising projects to PlayPad.

Yumy Bee | Bitget

Hehehehe😃 Yeah, we have our best 5 questions!

Kindly pm me your UID for your $PPAD rewards within 3 days‼️

Only KYC users can claim rewards, please complete your KYC.

Onur Işık | PlayPad

Perfect moderation and the most amazing community I have ever seen. ❤️

Yumy Bee | Bitget

Thanks for all these great questions and answers, and also congratulations to our winners today!

And now we are coming to the end of the AMA.

Thank you so much for joining us today, Onur!

It has been a great pleasure being able to host you here with our Bitget Global Community. 😊 It’s our pleasure!

Onur Işık | PlayPad

See you soon…

I hope we will have more cooperation soon, see you.

Have a nice day/evening, and thanks everyone for joining us today!

🔗 Telegram: https://t.me/playpadcommunity
🔗 Web Site: https://playpad.app
🔗 Twitter: https://twitter.com/AppPlayPad
🔗 Medium: https://playpad-app.medium.com
🔗 Git.Book: https://playpad.gitbook.io/playpad
🔗 Link Tree: https://linktr.ee/playpad

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IQ Zone
IQ Zone

Written by IQ Zone

The Multi-Chain Launchpad & Incubator (formerly PlayPad)

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