IDO Rules

Openpad AI has announced IDO rules to provide a secure investment environment and deliver the best benefits to the community. Openpad AI's IDO rule system includes two different rules aimed at protecting and delivering the best investment experience for the community:

  • Shielded IDO Rule

  • Riskless IDO Rule

We will apply the specific IDO rule depending on each IDO project's status.

Both IDO rules use the same Tier System for our users to earn a Public IDO Allocation.

Tier System

💠 Tier System Openpad AI's Tier System consists of 5 Tiers:

  • Diamond: Stake equivalent to 1000 USDT

  • Platinum: Stake equivalent to 500 USDT

  • Gold: Stake equivalent to 300 USDT

  • Silver: Stake equivalent to 100 USDT

  • Loyalty: Achieve specific Task Community conditions (to be announced later)

Due Diligence

Openpad AI is committed to promoting only the best projects and ensuring that every project meets our high standards. Therefore, we will only approve high-quality projects that receive the approval of our Due Diligence team through 2 Extensive Due Diligence rounds.

Our Due Diligence team consists of 20 highly qualified and experienced professionals. Each team member brings a unique area of expertise to the table and will be tasked with comprehensively examining each project's information.

This evaluation aims to ensure that each project meets the stringent standards set by Openpad AI Launchpad, is built upon a solid foundation, and is well-conceived before being approved for launch on the platform. By doing so, we aim to provide the community with only the best and most promising projects.

Token Distribution Commitment

Our priority is to ensure the best experience and benefits are always provided for the community. That's why we enforce strict compliance with tokenomics vesting schedules for all projects that have made agreements with the Openpad AI team.

Openpad AI will also actively monitor the projects' development progress to ensure they stay on course and meet their roadmap commitments as scheduled.

This commitment guarantees that the project will follow its agreed-upon distribution plan, protect the token's value for the community's benefit, and secure its long-term success.

Liquidity Maintenance Requirements

Openpad AI Launchpad requires a certain minimum amount of liquidity to be put (according to the raise) and locked for at least 12 months. The minimum liquidity requirement does not include the project's token.

If the projects don't add sufficient liquidity, they will be penalized, and in severe cases, Openpad AI reserves the right to keep the raised amount of tokens in stablecoins to protect our community.

This requirement will help ensure long-term stability and growth for their tokens, as well as guarantee the benefits for the investors.

Marketing and Utilization Strategy

Openpad AI will thoroughly evaluate the project roadmap and development budget, considering both development and marketing aspects to ensure that the plan is viable and sufficient funding has been allocated for long-term growth.

With this approach, investors can rest assured that the projects launched on Openpad AI Launchpad will have a well-thought-out strategy for maximizing the returns from the IDO. Not only will Openpad AI help the projects lay out a clear plan for the effective promotion and utilization of funds raised during the event, but we will also provide guidance for the projects to have a steady future development. This will give the projects the foundation they need to succeed and thrive in the long term.

Token Delivery Assurance

Openpad AI believes in complete transparency and accountability for all projects that launch on our platform. That's why we enforce a strict policy of requiring full amounts of tokens to be transferred within 2 calendar days before the launch, with no exceptions.

This policy eliminates any potential risk of a token vesting delay and ensures that our platform remains secure and trustworthy for all parties involved.

If the project has created a contract with vesting, Openpad AI will need to be given the full amount of all vestings still before the TGE, thus demanding the changes necessary in the contract to be done in those cases.

This may require modifying the original contract, but this extra step is essential in ensuring the success and stability of the projects launched on our platform. With Openpad AI, you can have peace of mind knowing that your token launch is in good hands.

Blockchain Audits and Team Verification

Openpad AI prioritizes security and integrity in all of our token launches. To ensure a safe and decentralized experience for our users, we require all projects to undergo thorough token security audits.

These audits must be conducted by reputable, industry-standard firms who adhere to strict standards and only modify their reports when all critical and major issues have been resolved. We firmly reject any tokens that contain malicious or centralized blacklisting functions and will only launch those that meet our rigorous security standards.

In addition, all the BOD of the project must undergo a thorough KYC process to confirm that the individuals behind the project have the necessary experience and qualifications to run and develop the project effectively.

This is a mandatory requirement for all projects.

Listing Timeframe Guarantee

Openpad AI will require at most 30 days between the IDO and the listing date (TGE). Therefore, we strongly recommend that all projects implement the token listing as soon as possible, preferably 0-48 hours after the IDO ends, to keep the momentum going and make the most out of the hyped-up community.

In cases where 30 days are exceeded, Openpad AI will have the right to open a community vote for our users to decide whether we will continue with the project or do a full refund.

Refund Assurance

Openpad AI has the right to issue a partial or full refund at any time if we find evidence of Terms violations Commitments non-compliance Signs of fraud False information, malicious Bad practices, critical errors, etc. Or when the token price falls below the IDO price for 2 consecutive vestings, affecting the reputation of Openpad AI Launchpad, our partners, and users.

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