We would like to introduce to you our AMA session which took place in the Crypto Family Community on the 8th of May. CryptoFamily Group — the top crypto community in Vietnam, where investors and traders can obtain the latest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
The AMA session was divided into 3 parts with a total crypto reward pool of $100. We will summarize the most interesting points for you.
PART I: OVERVIEW QUESTIONS
Lana | CryptoFamily
Welcome to our community, I’m sure all the members here are super excited to explore fruitful information about the project.
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.
Lana | CryptoFamily
Q1: Please give us a brief introduction of PlayPad and its key features.
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.
Lana | CryptoFamily
Q2: Can you briefly describe what differentiates PlayPad from others?
Onur Işık | PlayPad
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, 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, 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 and lock only for 7 days. From that perspective, this is the shortest period among other launchpads. PlayPad enables and helps you participate in great and quality IDOs, IGOs, and INOs quickly.
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.
Lana | CryptoFamily
Q3: Could you update to the community some hottest news or big events of PlayPad to attract more users?
Onur Işık | PlayPad
Soon:
1- We will announce a new exchange listing for Playpad.
2- 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.
Stay tuned and follow Playpad on our webpage, Twitter and Discord.
Also we just announce Bitget listing yesterday. That is awesome exchange and we are happy to be there as PlayPad Team.
PART II: PRE-COLLECTED QUESTIONS FROM TWITTER
Lana | CryptoFamily
Q4: For any project, its development is 90% dependent on how strong its team is. I have seen many projects fail, due to the lack of skills, experience and knowledge of the team. So, with PlayPad, is the team qualified to achieve all your goals?
Onur Işık | PlayPad
There are thirteen people currently working in Playpad and the number is increasing steadily because our business and the number of projects are growing. Also, the number of people in PlayPad is growing because we have new services and departments under PlayPad Incubation Zone including Fundamentals, Design, Development, and Marketing.
All the people in PlayPad are very experienced in their verticals and areas. Recently we have decided that all of our people should be shown on Linkedin transparently as we would like our community to see that Playpad is backed by a great number of people with great backgrounds and qualities. You can find them all in our website.
Lana | CryptoFamily
Q5: How do holders of the Playpad Tokens benefit in the ecosystem? What power within your model do $PPAD individuals hold? Why is it so attractive and what are the basic requirements to participate in the long term?
Onur Işık | PlayPad
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 the 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
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.
Lana | CryptoFamily
Staking seems to be such a good choice for $PPAD holders. Can’t wait to learn more about this amazing platform through the following questions from Twitter.
Q6: Security and privacy are a priority and of importance to the entire community and project. So, can you tell us what is the security mechanism that implement inside your ecosystem? And how about your smart contract, by any chance does your own smart contact being audited by other parties?
Onur Işık | PlayPad
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.
Lana | CryptoFamily
Q7: PlayPad is a unique project, but requires a significant amount of user traffic to survive in the long term. What marketing strategies are you thinking of to increase the credibility of your brand? Are you considering forming a strategy partnerships to help you move forward?
Onur Işık | PlayPad
In Playpad, we give great importance to every partner of us. Partners are very essential for us both to create a bigger value to 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.
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.
Lana | CryptoFamily
Q8: Have you met all your goals in the roadmap till now? And were there any difficulties that you didn’t expect and were not prepared for? Does PlayPad pay much attention to users’ feedback to improve and upgrade in the time to come?
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.
PART III: BEST LIVE QUESTIONS IN CRYPTO FAMILY GROUP
Q9: 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?
Onur Işık | PlayPad
Actually, we have already created our Youtube channel. And now our marketing team is preparing intro videos for the community. Till we finish that, you can find a lot of videos on Youtube;
https://www.youtube.com/watch?v=OHV2heMfxe0
https://www.youtube.com/watch?v=HPq22RaqMOA&t=7s
Q10: A lot of scams in the name of the project, can you tell us the telegram channel PlayPad and is there any telegram community from different countries?
Onur Işık | PlayPad
We have different channels in Discord for different languages: Russian, Arabic, Chinese, Vietnamese, Indian and Turkish Channels
We’re waiting you on👉 http://discord.gg/playpad
Q12: Do you have a Token Burning plan to increase Token value and attract Investors to invest?
Onur Işık | PlayPad
We stated that we would burn our tokens after listing as a team. We burn 1% of our remaining tokens for each IGO. Also, we burn the penalty pool from stake and farm for each period. By the end of 2021, 1.13M PPADs were burned.
We will burn approximately 1M+ more PPADs for the end of Q1 2022.
For detailed information about the burn mechanism, please visit the link below.
Burn to Metaverse!
30.11.2021 — Team Tokens — 1M PPAD
28.12.2021 — Penalty Pool — 136K PPAD
28.12.2021 — Penalty Pool — 213 LP
For more information about the Burn Mechanism, you can also find the details here in our Medium Channel:
https://playpad-app.medium.com/burn-to-metaverse-eba71efcc126
Q13: Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
Onur Işık | PlayPad
Our tokenomics was quite good for a launchpad. We already achieve a lot of goal with that.
For more details please check 👉 https://playpad.gitbook.io/playpad/tokenomics
Q14: Do you have AUDIT certificates?? ”or” are you working to AUDIT your project, to make it more secure and reliable ?
Onur Işık | PlayPad
Playpad is audited quarterly by Peckshield in order to ensure a high level of technical abilities, security, and services to our users.
Lana | CryptoFamily
Seems like there’re many things to exchange, but I’m afraid the time is up now. For all of the questions that have not been answered yet, guys feel free to search for more information on the links provided below:
🔗 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
