The ADAPAD price update as of now is $0.004365. In the previous 24 hours, its trading volume was $1,002, and its value has increased by 3.36%. As of now, ADAPAD's live market cap is $3,098,390, and it is ranked as the #4427 on the Coincu. ADAPAD has a circulating supply of 709,870,584 and a maximum supply of 709,870,584.

ADAPad: The First Deflationary Launchpad for the Cardano Ecosystem

ADAPad, also known as Adapad, is the pioneering deflationary launchpad exclusively designed for the Cardano ecosystem. With similarities to other launchpads such as ETHPad, BSCPAD, and TRONPAD, all of which are products of the same company, Adapad aims to become the premier incubator program for new projects on the Cardano platform.

ADAPad strives to provide comprehensive control over cross-platform launches, ensuring liquidity sniping-bot protection, along with establishing its own cross-chain bridge and proven staking systems. Moreover, ADAPad incorporates multiple deflationary triggers associated with selling, unstaking, and IDO participation. Holders of ADAPad tokens are incentivized with a 7.5% reward in ADA from sell fees.

Recently, the Cardano Foundation announced the Alonzo upgrade, which will enable the integration of smart contracts and decentralized finance capabilities into the Cardano ecosystem. This development is expected to attract a surge in projects conducting IDOs on Cardano and utilizing launchpads like ADAPad.

The Visionaries behind ADAPad

ADAPad is the brainchild of BlueZilla, a self-proclaimed crypto incubator. BlueZilla, the same team behind ETHPad, BSCPAD, and TRONPAD, asserts that it boasts an in-house team comprising of developers, designers, marketers, influencers, traders, and legal experts. However, the identities of the founders of BlueZilla remain undisclosed.

Exceptional Characteristics of ADAPad

One remarkable aspect of ADAPad is that holders can actively participate in IDOs on the Cardano blockchain by staking ADAPAD tokens and completing a one-time KYC process at least three hours before the IDO commences.