Dappad Launchpad

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9 Jan 2024
41

Introduction


A Decentralized Launchpad for the Future of Blockchain and Cryptocurrency Projects
The rapid emergence of innovative blockchain and cryptocurrency projects has significantly disrupted the financial industry and other sectors, thanks to their decentralized nature that transfers power away from centralized authorities and governments. This shift has expanded financial inclusion to anyone with internet access, leading to a surge in popularity for blockchain and non-banking finance firms. As the number of projects and professionals in the blockchain space grows exponentially, the demand for funding opportunities for these projects to successfully launch and gain traction has never been higher.
In this context, we proudly present Dappad, a cutting-edge launchpad protocol designed to empower blockchain projects by enabling them to raise capital in a decentralized, permissionless, and interoperable environment. Built on the zkSync Ecosystem, Dappad aims to revolutionize fundraising strategies by streamlining access to early-stage token sales for investors and providing essential incubation support for emerging projects.
By leveraging novel fundraising concepts such as IDO, IEO, and ICO, Dappad fosters a new era of capital raising for the blockchain industry, allowing project founders to create and sell native tokens to early investors and users. In doing so, investors can achieve significant returns on investment while projects secure the necessary funds to develop and expand their operations.
Join us as we embark on a journey to transform the blockchain landscape by providing unparalleled support for projects and investors alike. Through Dappad, we will redefine the way capital is raised and distributed, ensuring a brighter future for the entire blockchain ecosystem.

Dappad Platform Overview


Dappad is a decentralized platform leveraging the $Appa token to streamline access to high-quality projects within the ecosystem. By addressing the limitations of existing launchpads, Dappad ensures fair and transparent token allocations through a two-round system. This whitepaper outlines the Dappad platform's design, implementation, and future roadmap.

Dappad is a comprehensive ecosystem powered by the native $Appa token, granting users access to a range of high-quality projects. Rigorous evaluation processes ensure that only successful projects are introduced to the platform, providing token holders with optimal investment opportunities at affordable prices.
The Problem with Existing Launchpads Traditional launchpads suffer from accessibility issues due to high token acquisition costs and lack of guaranteed allocation spots. These platforms also utilize first-come, first-served allocation methods, which are often exploited by automated bots that fill whitelist spots within seconds. This results in unfair token distribution and restricts community access.
Dappad's Solution: Algorithmic Allocation and Two-Round System Dappad addresses these issues by implementing a fair, decentralized allocation process. An algorithm calculates allocations based on a tier-specific pool weight, removing the need for first-come, first-served systems. The two-round system guarantees an allocation for every tier level, ensuring a fair distribution of rewards for all participants.
Roadmap Dappad's roadmap involves addressing the risks and challenges in the blockchain ecosystem, beginning with a community launch. The platform's initial launch will feature a limited edition 1200 NFT collection. Following the NFT sale, the $Appa token will be launched on two IDO platforms, as agreed upon with current NFT holders and new community members. The first project incubation will also be introduced to members.
Dappad aims to revolutionize the blockchain ecosystem by providing a fair and transparent token allocation platform. The unique two-round system and algorithmic allocation method ensure equitable access to high-quality projects for all participants. By adhering to its roadmap, Dappad will foster a robust and inclusive ecosystem for the blockchain community.

DAPPAD Governance Nft Collection


Dappad Launchpad Governance NFT Series: How NFTs Can Be Used in the Governance of a Launchpad Project

Dappad, a decentralized incubator for blockchain projects, has launched the Launchpad Governance NFT Series, which offers a new way for investors and community members to participate in the governance of launchpad projects. The Launchpad Governance NFT Series is a collection of unique NFTs that represent ownership in the governance of launchpad projects.
Governance Rights:


  • NFT holders can vote on important decisions such as which projects to fund, how to allocate resources, and how to distribute rewards.

  • This gives NFT holders a level of control and influence not possible in traditional investment models.

  • The Launchpad Governance NFT Series brings a more democratic and transparent approach to launchpad governance.

Benefits and Incentives:


  • NFT holders have access to a range of benefits and incentives such as airdrops of tokens, participation in pre-sales, a share of profits from funded projects, and prizes and rewards through lotteries or incentive programs.

  • NFT holders become part of a wider network of investors and community members invested in the success of Launchpad projects.

Fund Pool:


  • The seed funds of Dappad.App will be held in a transparent fund pool accessible to the entire community.

  • The size of this fund pool will be around $150,000 to $250,000, equivalent to 20% of the total funding raised.

  • Only the 1200 NFT owners will be eligible to benefit from this fund pool.

  • To increase the seed fund treasury, limited investments from NFT owners will be accepted, and profits from launchpad-funded projects will be added to the treasury simultaneously.

  • The base fund pool will be increased to finance more projects, providing greater rewards for stakeholders and community experts.

  • Operations to grow the Dappad.APP ecosystem will be fully supported through voting.

Fund Pool Functioning:


  • Each project selected for seed financing and incubation programs will receive a maximum investment of $75,000 in exchange for a 3% token contract of the funded projects.

  • The acceptance threshold for project investment proposals will only be met if 80% of the votes are in favor of investing in projects preferred by the majority of the community.

  • 40% of the tokens received from funds will be allocated to growing the fund pool for additional project funding.

  • 35% of the tokens generated from incubated projects will be distributed to staking NFT holders.

  • 15% of the tokens will be allocated to community engagement program rewards.

  • 10% of the tokens will be allocated to Dappad operations.

  • This methodology ensures that the fund pool has a sustainable and growing model to support the benefits of all parties involved, including shareholders, projects, expert community, and Dappad.App growth.

  • These allocations will be made through an automated separator smart contract on the blockchain to ensure that this distribution is permissionless and entirely transparent.



Governance Nft Col. Benefits


  1. 1.Comprehensive Airdrop of APPA Tokens at seed Stage: Governance NFT Collection holders will be eligible to receive an extensive airdrop of APPA Tokens during the seed phase, amounting to 100% of the NFT price. This unique opportunity allows NFT holders to obtain APPA Tokens at a significantly discounted rate.
  2. 2.Guaranteed Access to APPA Token Pre-sales: NFT holders will be granted exclusive rights to participate in all APPA Token sales on a whitelist basis. This privilege ensures that NFT holders can acquire additional APPA Tokens before others in the market.
  3. 3.Additional Basic APPA Token Airdrop: Besides the seed airdrop, Governance NFT Collection holders will also benefit from an extra basic airdrop of APPA Tokens, further enhancing their token holdings.
  4. 4.Participation in DAO Management and Voting Rights: NFT holders will have the authority to partake in the governance of the Dappad ecosystem by engaging in DAO management and exercising voting rights. This empowers NFT holders to influence the ecosystem's direction and the selection of funded projects.
  5. 5.Steady Earnings through APPA Token Staking: NFT holders can generate income by staking their NFTs and earning APPA Tokens at a stable, predictable rate. This feature offers NFT holders a consistent method to grow their APPA Token holdings over time.
  6. 6.Exclusive Access to Seed Sales of Upgraded Projects: Governance NFT Collection holders will have the exclusive right to participate in seed sales of promising upgraded projects. This advantage enables NFT holders to invest in high-potential projects at their earliest stages.
  7. 7.Equal Distribution of 10% Profits from Funded Projects: NFT holders will receive 10% of the profits generated by funded projects. These profits will be distributed equally among all Governance NFT Collection holders, creating an additional income stream from their investments.
  8. 8.Participation in DappLabs Investment Pool Projects: NFT holders will have the right to invest in projects from the DappLabs Investment Pool, a dedicated fund for supporting and investing in groundbreaking blockchain projects.
  9. 9.Weekly Lottery Ticket from the Prize Pool: Governance NFT Collection holders will be entitled to one weekly lottery ticket drawn from the prize pool, providing them with a chance to win exciting additional rewards.
  10. 10.Exclusive Rewards and Incentives: NFT holders will enjoy various exclusive rewards and incentives, such as access to limited-edition events and merchandise. These perks further enhance the value of the Governance NFT Collection within the Dappad ecosystem, making it a highly sought-after asset for investors.


DappaDao


Decentralized Autonomous Organization (DAO) within Dappad: Empowering Community-Driven Governance
Dappad is a community-centric project that places great emphasis on enabling platform users to participate in its governance. By ensuring that every token holder has a voice and influence, Dappad fosters an environment of collaborative decision-making and continuous improvement.

  1. 1.Introducing the $APPA Token with Voting Functionality

At the heart of Dappad's governance model is the $APPA token, which is imbued with voting functionality. Token holders' voting rights and power are determined by the number of tokens held in their wallets, allowing them to actively engage in discussions, proposals, and voting on changes to the platform. This approach encourages users to contribute their ideas for enhancing the platform's performance and rewards their valuable input.

  1. 2.Community Approval of Proposals

For a proposal to be accepted by the community, it must garner the majority of votes cast. When multiple options are presented, the proposal with the highest number of votes prevails. To participate in the voting process, platform users or community members must hold $APPA tokens, which are locked until the voting period concludes.

  1. 3.The Role of DAO in Dappad's Ecosystem

As blockchain solutions disrupt the technology and finance industries, decentralized governance models, such as Decentralized Autonomous Organizations (DAOs), are becoming increasingly popular. DAOs deviate from traditional top-down management hierarchies, which are often seen in centralized organizations, in favor of community-driven governance managed through permissionless smart contracts and voting procedures.
Dappad aims to integrate DAO into various aspects of its ecosystem, influencing decisions related to:


  • Fund allocation and incubation for projects

  • Product feature development and numerical parameters

  • Community engagement mechanisms within the incubator

  • Yearly roadmaps following the completion of core products

  • Resource management and distribution parameters through rewards

This integration empowers the Dappad community, NFT holders, and token holders to play a significant role in the ecosystem's decision-making processes and overall success.

  1. 4.Ensuring Fair Voting Practices with a 1:1 Token Governance Value Ratio

Most blockchain companies that adopt the DAO model maintain a standard 1:1 token governance value ratio to prevent bad actors from manipulating the voting process by creating multiple wallets. This "skin in the game" approach allocates greater decision-making power to those who are more likely to vote with the platform's best interests in mind.
Dappad will also implement a 1:1 token governance value ratio while setting higher thresholds for yay votes. This ensures that only the most favorable outcomes pass through the DAO voting system. For example, project proposals will require 80% yay votes, with 20% of the circulating token value being cast, in order to allocate resources and funds to projects that the majority of the community and token holders agree on in terms of vision, team, and potential.

Technical Specifics of Dappad.App DAO:


Dappad.App DAO: Streamlining Community Governance with Technical Innovations
Decentralized Autonomous Organizations (DAOs) have gained prominence in the blockchain ecosystem for their ability to foster community-driven governance. Dappad.App is embracing this model by integrating a DAO mechanism that is both user-friendly and cost-effective, ensuring widespread community engagement.

  1. 1.Seamless DAO Integration into the Dashboard

Dappad.App's DAO mechanism will be conveniently integrated into the dashboard, eliminating the need for users to possess technical knowledge. Comprehensive guides will be provided for first-time users, enabling them to engage with the DAO within minutes.

  1. 2.Immediate Implementation of Governance DAO and Project Proposals

Upon IDO release, the Governance DAO for key decision-making and Project Proposals for seed fund and incubator selections will be readily available. This allows for immediate initiation of DAO procedures and seamless interaction through the dashboard.

  1. 3.Combining Snapshot and Aragon to Eliminate Gas Fees

Gas fees are often a significant burden for DAOs that require maximum engagement. To address this issue, Dappad.App will implement Snapshot, a widely used DAO product, in conjunction with Aragon, a leading DAO holdings product in the blockchain ecosystem. Aragon offers dispute resolution services and seamless integration with Snapshot, allowing for a comprehensive solution.
Snapshot operates by capturing a snapshot of the tokens held in a wallet at the time of voting and obtaining a signature confirmation, all without incurring any gas costs. Dappad.App's multisig contract will then confirm these snapshots on the blockchain, resulting in zero gas costs for users and maintaining transparency through on-chain transaction records.

  1. 4.User-Friendly and Cost-Effective DAO Participation

By eliminating technical barriers and reducing costs associated with DAO participation, Dappad.App's approach ensures that community members can easily engage in the DAO voting process. With just a few clicks, users can actively contribute to the platform's decision-making processes and help shape its future.

  1. 5.Initial DAO Sessions: Fostering Community Involvement

The first governance DAO sessions of Dappad.App will focus on community involvement programs, mechanisms, and reward parameters. By prioritizing these aspects, Dappad.App's DAO aims to create a strong foundation for a collaborative and engaged community that actively contributes to the platform's success.

Token Utility


The Multifaceted Utility of the $APPA Token in the Dappad Ecosystem
The Dappad platform introduces its native token, $APPA, as a deflationary asset governed by a token burn strategy, with an array of use cases that will continue to evolve alongside the platform's growth. In this article, we explore the initial functionalities of the $APPA token, highlighting its significance and value for users within the Dappad ecosystem.

  1. 1.Exclusive Access to Launchpad Activities

The $APPA token serves as an essential key for participating in token sale events, such as Initial DEX Offerings (IDOs) and Initial Game Offerings (IGOs). By holding $APPA tokens, users can access tier allocations, granting them exclusive access to these events.

  1. 2.Staking for Rewards and Allocations

Users can benefit from the platform's staking feature, which allows them to secure allocations in IDOs by staking $APPA tokens. Furthermore, staking provides an opportunity for users to earn passive income, even if they choose not to participate in token sales.

  1. 3.Empowering Community Governance

Holding $APPA tokens enables users to participate in the governance of the Dappad platform. Token holders can make critical decisions regarding feature development and content portfolio, actively contributing to the platform's future direction and growth.

  1. 4.Unlocking Community Benefits and NFT Access

$APPA tokens can be used to purchase Non-Fungible Tokens (NFTs), granting users access to unique digital assets within the Dappad ecosystem. Additionally, token holders can participate in special events and gain early access to exclusive activities, further enhancing the value of holding $APPA tokens.

  1. 5.Incentivizing Platform Engagement

As the Dappad platform expands, additional incentives may be introduced to reward $APPA token holders. These incentives could include discounted fees for platform services, exclusive access to premium features, and opportunities to earn bonus tokens through promotional campaigns.

  1. 6.Fostering Cross-Platform Integration

The $APPA token holds potential for integration with other platforms and ecosystems, facilitating partnerships and collaborations that can boost the token's overall utility and value. This cross-platform integration can attract new users and increase demand for the $APPA token, driving its long-term growth and success.

  1. 7.Token Buyback and Burn Mechanism

To maintain the deflationary nature of the $APPA token, the Dappad platform may implement a buyback and burn mechanism. A portion of the platform's revenue would be used to buy back $APPA tokens from the market and subsequently burn them, effectively reducing the circulating supply and increasing the token's scarcity.
In conclusion, the $APPA token is strategically designed to grant users access to the diverse range of services and products offered by the Dappad platform. By participating in launchpad activities, staking, ecosystem governance, and enjoying community benefits, $APPA token holders can actively contribute to and benefit from the platform's ongoing growth and development.


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