We have decided to replace the method of distribution for projects rather than following an airdrop method, all projects will be claimed via our new fresh claiming portal.

Why Have we replaced airdrop with claiming?

It is important to ensure that tokens are delivered no earlier, nor later than the appointed time of vesting and as such to satisfy both the community and the projects. This also ensures transparency as the tokens will not be held by a single wallet, but by a vesting contract.

Note : For $TEX, the tokens will remain claimable under the Accounts section as originally claimed.

Below demonstrates the section on our launchpad where you will be able to visit and claim tokens of projects you have participated in. You will be able to see how much you have claimed, the claimed amount, Vesting of the token, the purchased amount and the claimable date.

Simple Steps How to claim your tokens:

1. Firstly, Head to our Launchpad
2. In the top header bar, click on “CLAIM”.
3. Then click on the chain that the project is listed on. You may choose from the EVM supported chains that iotexpad will cater for and to the respective project. For Noma Exiles, it is on the Binance Smart Chain. We will click on BSC then the project will be made displayable for us.
4. Once you see the project displayed, click on “claim” and sign the transaction via metamask to claim your tokens.

Congratulations!! you have no successfully claimed your tokens and now can utilise it for all projects moving forward.

IMPORTANT!

For all projects that have been distributed via airdrop, they will also be moving effective from the 31st March to be claimed on the Portal.

If you have purchased your tokens in either the seed, strategic or public round (Including Moonstarter and excluding Oxbull [Oxbull claiming will occur on their platform]) then this is the information you require. Firstly, as we head into listing, we would like to thank all our supporters who have been patient and supportive along this journey and now as we enter the next phase.
Note: if you have participated on the Oxbull platform, you will need to claim on their platform.

Distribution process of tokens: CLAIMING

The token distribution will be Claimed on the iotexpad Portal and will be visible and available to claim at 9:30AM UTC. ALL rounds with no bias, will be able to claim at the same time which is half an hour after listing.

At this point, you will not be able to see the portal but it will become VISIBLE under accounts after you refresh your browser at 09:30 UTC.

STEPS TO CLAIM $TEX TOKENS

1. Head over to our launchpad
2. Connect your wallet in the top right hand corner (using the wallet address you invested with or provided us for token receival)
3. Click on the “ACCOUNT” tab in the top bar.
   You will see a bar appear under your account called “TEX TOKEN CLAIMS” with the round you participated in and the Tokens available to claim. This is NOT visible at the moment however at 09:30AM UTC you will need to refresh your page and it will appear here.
4. Click on the “Claim” button and confirm the transaction.

Staking is already live, therefore after claiming you can stake to obtain your tier and begin participating in projects.

Staking Time and Rewards:

• 14 days : 7% APY
• 30 days : 20% APY
• 60 days : 50% APY
• 90 days : 100% APY

How to Stake
Tier Structure

Vesting:

Below are the vesting schedules set in place for claiming which you will be able to claim in the same method.

Seed: 10% TGE.
Thereafter on the 21st April 09:30AM UTC linear vesting will commence until all tokens are distributed according to the schedule outlined in the whitepaper. 1 month cliff is applied

Strategic: 10% TGE.
Thereafter on the 21st April 09:30AM UTC linear vesting will commence until all tokens are distributed according to the schedule outlined in the whitepaper. 1 month cliff is applied

Public: 20% TGE.
Linear vesting will commence until all tokens are distributed according to the schedule outlined in the whitepaper. No cliff applies.

Launchpad
Telegram Group
Telegram Channel
Twitter

In order to participate in upcoming projects on iotexpad, there are quick and easy steps needed prior. We will explain all the necessary steps below to get started.

1. The First step is to purchase $TEX tokens. $TEX can be purchased from the 21st March 09:00 UTC onwards on MIMO Exchange. Links will be provided after listing in this article.
2. Complete a secure ON-CHAIN KYC:

A pre-requisite to participate is that you must KYC to ensure we are fully compliant. This process is only required ONCE for your wallet to be accepted. This is important to operate iotexpad in a legal scope whilst ensuring all data is stored on-chain and by a third party for the security of your information. We ensure FULL security of your information by storing it On-chain with Fractal. This is also to minimise dual entries from multiple wallets owned by the same user. Fractal is the service provider third party KYC platform utilised.

List of Countries Banned from participating:
Albania, Burundi, Herzegovina, Belarus, Barbados, Botswana, Central African Republic, China, Republic of the Congo, Guinea, Guinea-Bissau, Haiti, Iran, Israel, Jamaica, Cambodia, Libya, Myanmar, Nicaragua, Somalia, Serbia, South Sudan, Uganda, United States, Venezuela, British Virgin Islands, Zimbabwe.

Lets Get Started:

I. Connect your wallet in the top right hand corner of our launchpad. Ensure your network is connected to the IoTeX Chain.
II. Navigate to the “Account” Section. You will see ‘Image B’ as displayed below.
III. Click on “Start Verification” to begin your KYC Process. This will navigate you to Fractal.ID/Iotexpad link. Please ensure you fill in the details correctly. This process takes upto 24–48 working hours to complete.

This is the page you will be directed to after you have clicked “start verification”. From here you will be required to fill in a series of information that is fully compliant, stored on chain and not revealed to anyone, not even iotexpad team.

Purchasing $TEX
This will be available after the 21st March. We will make an official announcement.

Set up your Network and stake.

Iotexpad is native to the IoTeX Blockchain — This is a layer 2 scaling solution evm compatible and built on ethereum. To set up the IOTX Chain follow the instructions in this link ; https://docs.iotex.io/get-started/iotex-wallets/metamask

After you are connected correctly, you can begin to Stake your $TEX tokens. Staking helps you accumulate more $TEX without purchasing it and is also a pre-requisite to enter a particular tier in order to participate in projects listing on our launchpad. Learn More on Staking

On the staking page, you will see the options to stake your tokens. After staking a certain amount of tokens, your tier structure will automatically update to the bracket you are eligible for. Learn More about our Tier system.

IDO DAY:
After completing all the above steps, you are ready to take on your first IDO on the iotexpad app.

1. Connect your wallet using ioPay, metamask or wallet connect (for non-metamask users) to launchpad.iotexpad.network
2. Click on the pool that is available to join under “ All Projects”. You will see the set of projects on the platform. Then click into the one you would like.

3. Click on “Buy” and specify the amount you’d like to purchase from the allocated amount, or press max and buy.

4. Confirm your transaction!

5. The tokens will be automatically airdropped to you at each vesting schedule specified in the vesting section on our launchpad.

After entering that pool, you will be able to view all the information related to that project as well as the stage it is in.

We are excited and finally prepared for our our IDO. Most importantly, you should Check if you have been whitelisted. If not whitelisted, read below on how to participate in the second round.
Check if you are Whitelisted:
https://docs.google.com/spreadsheets/d/1zE7HTDxq1Zvb9MXIxUF1UG0mJECQU5QXDcKmvak9FDM/edit?usp=sharing

Our total pool weight is $100,000, However we have increased the limit per person to $200. Therefore as you can tell the first round is no longer guaranteed. Each person will be able to participate with a maximum of $200 USDT (IOTEX CHAIN)

How to Link to the Iotex Mainnet Guide:
https://docs.iotex.io/get-started/iotex-wallets/metamask

How it works ( 2 ROUND SYSTEM) :

1. First you must go to our launchpad.
2. Connect your wallet, ENSURING you are connected via the XRC20 (IOTEX CHAIN).
   How to Link to the Iotex Mainnet Guide:
   https://docs.iotex.io/get-started/iotex-wallets/metamask
3. Ensure you are whitelisted.
4. Ensure you have enough USDT ( You can purchase iotex from a centralised exchange, then withdraw it to your wallet. After that you can swap iotex for USDT on Mimo exchange.
5. Alternatively, you can check if you are whitelisted on the dashboard after you connected your wallet to our launchpad.

Whitelisted users will be the only candidates able to participate in the IDO in the first round which runs for 2 hours with a hardcap of $200 USDT per person. If this round meets the hardcap and all $100,000 USDT allocation is filled then we have successfully concluded the IDO for Iotexpad and we congratulate all that have participated.

HOWEVER, if after 2 hours the allocation has not been fully filled, we will OPEN a FCFS round for EVERYONE to participate. Therefore all whitelisted and non-whitelisted users will have a maximum allocation of $500 to participate in this round.

Iotexpad is native to Iotex, utilising the XRC20 Chain, a layer 2 evm compatible chain. IotexPad will be bridged also to BSC therefore tradeable on both networks. Lets explain the Staking.

1. Firstly, we will need to open the app! We will provide the link in the upcoming days.
2. Connect your wallet.
   Note: Iotexpad is deploying its mainnet on IoTeX Chain, you can find out how to add it to your wallet such as metamask. Iotexpad will support ioPay, Metamask and Wallet connect. Wallet connect will enable you to connect to trust wallet, etc.
3. If you are not already there, then click on the staking page. You will see the same layout as the image above, displaying your tier level at the top and staking at the bottom. It will also display your staking dashboard showing you how much you have staked and at what rate and interval.

Staking Rewards

You Must stake your TEX tokens 24 hours before the IDO to be whitelisted since the snapshots are taken 24 hours prior to each projects IDO launch.

Iotexpad has opted with single staking and may veer in the future to LP staking. However to initial bootstrap, single staking is the fairest model for users to earn high rewards. Staking is also a prerequisite in order to participate to any projects. Staking enables you to enter a tier, and therefore allow you to whitelist.

The current Lock, Participate and Earn system is as follows per Staking time. Note the minimum staking time is 14 days.

Staking Time and Rewards:

• 14 days : 7% APY
• 30 days : 20% APY
• 60 days : 50% APY
• 90 days : 100% APY

Premature/Early Unstaking — Tokens are locked at the rate you have set from the above intervals. A penalty of 10% occurs if you unstake prior to your nominated preset staking interval.

After careful research in the market, the best approach for Iotexpad’s IDO’s were to be granted with guaranteed allocation all users in all tiers.

Tiers: (All Guaranteed Allocations)

Tier 1: Bronze: Stake 500 TEX, 1 Pool Weight

Tier 2: Silver: Stake 2,000 TEX, 5 Pool Weight

Tier 3: Gold: Stake 5,000 TEX, 12 Pool Weight

Tier 4: Emerald: Stake 10,000 TEX, 26 Pool Weight

Tier 5: Ruby: Stake 20,000 TEX, 55 Pool Weight

Tier 6: VIP: Stake 40,000 TEX, 120 Pool Weight

The Round System:

The two round system is utilised when round 1 is not sold out. Round 1 is the round where all whitelisted users participate according to their tier with the guaranteed allocation. However in the even that Round 1 does not sell out, then iotexpad will open a round 2 which is a FCFS round for all whitelisted users to participate in.

How does pool weight work?

Refer to our medium article explaining it.
https://iotexpad.medium.com/the-tier-system-explained-a69ddd5025e5

How it works?

With 2 key determining elements in each category (Staking Requirement — Pool Weight) dictating the flow. The following are our 5 tiers and their respective ‘Staking Requirements’ and ‘Pool Weight.’

• Bronze — 2,000 (Staking) 1 (Pool Weight)
• Silver — 5,000 (Staking) 3 (Pool Weight)
• Gold — 10,000 (Staking) 7 (Pool Weight)
• Emerald — 20,000 (Staking) 15 (Pool Weight)
• VIP — 40,000 (Staking) 33 (Pool Weight)

NOTE: The pool weight does not need to add up to 100. It can be lower or higher.

With all tiers, the minimum staking period begins 4 hours before we open allocation rounds. This gives ample time for investors to accumulate our $TEX token prior to opening the allocation round.

How does ‘Pool Weight’ work?

There has been a lot of confusion surrounding the ‘Pool Weight’ mechanism! We’ll take an example here.

Let’s look at project ‘X’ launching on IoTexPad and they are selling 1,000,000 tokens in the public pool. There are 100 Bronze Members, 25 Silver Members, 10 Gold Members, 12 Emerald Members, and 5 VIP Members.

Bronze Members have a weight of 1, Silvers have a weight of 3, Golds have a weight of 7, Emerald has a weight of 15, and the VIP tier has a weight of 33.

The combined weight of all the qualifying buyers in this example is taken as the Sum-Of-Tiers [(No. of participants * Pool weight)].

Therefore (100*1) + (25*3) + (10*7) + (12*15) + (5*33) = 590
The amount of tokens allocated to each “Pool Weight” is 1,000,000 / 590 = 1,695.

The formula for the number of tokens allocated to a tier is given by:

No. of users in tier * Shared amount * Pool weight of tier.

Let’s take the Bronze example!

The amount of tokens allocated for bronze is 100 * 1,176 * 1 = 169,500. Since there are 100 users staked in bronze tier therefore it is 169,500 / 100 = 1,695.

Hence, each ‘Pool Weight’ will allot 1,695 tokens. For VIP tier, within this example, it will be 55,935 tokens. This is determined by 1,695 * 33 = 55,935.

Full Disclosure: Our tiers structure has been designed with community consensus at core. Adjustments will be made accordingly.

About IoTexPad

The first native launchpad on IoTeX committed to supporting emerging projects with incubation and IDO services. IoTexpad aims to launch the finest projects built on IoTeX.

We aim to replicate a fair, transparent, and collaborative process to ensure projects succeed.

With 5 tiers (Bronze, Silver, Gold, Emerald, VIP), all of which represent a staking requirement, ranging from 2,000–40,000, $TEX has designated a community-consensus based tiers structure with pool weight being the primary determining probability for an allocation, allowing for an equitable allocation procedure.

Resources

Website: https://iotexpad.network/
Twitter: https://twitter.com/iotexpad
Telegram: https://t.me/iotexpad
Telegram (announcement): https://t.me/iotexpadANN
Medium: https://iotexpad.medium.com/

We’re excited to announce our collaborative partnership with Synapse Network! A cross-chain IDO launchpad and tech solutions provider.

We aim to render this partnership productive and amicable for both parties, through the following variables:

IDO & Incubation: IoTeXPad and Synapse Network will collaborate on co-launching & co-incubating quality projects.

Cross Marketing: We aim to assist one another in building exposure, brand, and marketing activities to simultaneously accelerate growth.

We look forward to this wonderful partnership!

About Synapse Network

Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto market. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.

Website

Twitter

Telegram

YouTube

About IoTeXPad

We are the first native launchpad to be deployed on IoTeX, focused on launching and incubating leading emerging and trusted projects. IoTeXPad will ensue to be an integral part of this ecosystem designated to entail a vast number of services to emerging projects developing on the IoTeX network.

IoTeXPad provides a way through which new IoTeX projects can raise capital from a platform that is already used by most of the crypto world. While IoTeXPad takes care of the token sales with top-notch security, projects can focus more on developing their core idea.

IoTeXPad launches both BSC & IoTeX projects.

Website

Twitter

Telegram

Medium

In this article, we will briefly outline IoTeXPad’s token economics and vesting periods to establish much needed clarity and transparency.

Seed Round: (6%) $420,000 (10% TGE, 10% Monthly For 9 Months)

Strategic Round: (18%) $1,530,000 (10% TGE, 10% Monthly For 9 Months)

Public Round (IDO): (2%) $200,000 (20% TGE, 20% Monthly For 4 Months)

Marketing & Partners: (20%) 10% on Day 01, 1 Month Cliff, 5% Monthly for 18 Months.

Foundation Team: (18%) 1 Year Lock, 10% Monthly for 10 Months.

Strategic Advisors: (5%) 7 Months Lock, 10% Monthly For 10 Months.

Staking: (15%) Based on a variable of factors. Undetermined.

Reserve: (10%) 1 year lock.

The remainder 6% (6,000,000) will be allotted to liquidity & pools, which will be locked.

About IoTeXPad

We are the first native launchpad to be deployed on IoTeX, focused on launching and incubating leading emerging and trusted projects. IoTeXPad will ensue to be an integral part of this ecosystem designated to entail a vast number of services to emerging projects developing on the IoTeX network.

IoTeXPad provides a way through which new IoTeX projects can raise capital from a platform that is already used by most of the crypto world. While IoTeXPad takes care of the token sales with top-notch security, projects can focus more on developing their core idea.

IoTeXPad launches both BSC & IoTeX projects.

Website

Twitter

Telegram

Medium

We’re thrilled to announce the launch of our Whitelist Campaign!

Our Whitelist campaign will run from December 13th (10:00 AM UTC) — December 18th (10:00 AM UTC). 1,000 addresses will be Whitelisted for the IDO, and will receive instructions on how to proceed.

To participate in the campaign, please complete the following requirements on Gleam: https://bit.ly/3GHGSQ7

The winners will be selected randomly!

We will update the community on selected addresses on Telegram/Twitter after completion through a CSV file.

Each participant will receive an allotted $100 in allocation.

To participate, users will be required to use an IoTeX enabled wallet (i.e: Metamask) and contributions will be made in USDC-IOTX. To add the IoTeX Network on Metamask, please read here.

NOTE: As we are based on the IoTeX Network (XRC-20), all selected participants must be holding IoTeX in their wallet to cover gas fees, upon selection.

If you are not one of the lucky selected participants, do not be alarmed, we will have WL spot giveaways and competitions over the following days for community members to participate in! Stay up to date by following our socials. Do not miss out on this!

Information regrading our IDO can be found here!

About IoTeXPad

We are the first native launchpad to be deployed on IoTeX, focused on launching and incubating leading emerging and trusted projects. IoTeXPad will ensue to be an integral part of this ecosystem designated to entail a vast number of services to emerging projects developing on the IoTeX network.

IoTeXPad provides a way through which new IoTeX projects can raise capital from a platform that is already used by most of the crypto world. While IoTeXPad takes care of the token sales with top-notch security, projects can focus more on developing their core idea.

IoTeXPad launches both BSC & IoTeX projects.

Website

Twitter

Telegram

Medium