Introducing SuiPad Shield: A Revolutionary Insurance Feature for Launchpad IDO Participants
SuiPad welcomes all great projects from other chains to build on its platform. We offer a complete solution in partnership with MystenLabs, including support in tech stacks, code reviews, legal compliance, auditing, marketing, and product development. Additionally, we offer a zero-fee Launchpad for tier 1 projects. Participating in Launchpad IDOs can yield high rewards but also carries certain risks. To address this, we introduce SuiPad Shield, a feature designed to safeguard participants' principal capital, providing peace of mind to all users. How does SuiPad Shield work? Currently, most Launchpad/IDO platforms do not have any protection in place to safeguard users' principal capital against volatility when investing in newer crypto projects. This makes IDO participation an extremely high-risk activity for users. At SuiPad, we have engineered an insurance feature to protect the user's principal capital. For example, if a user buys the IDO round of a launchpad project, t...