AMA Recap: BSClaunch x Multipad in August 31, 2021

On Tuesday, August 31, Chloe Head of Marketing at BSClaunch, hosted a live AMA (Ask Me Anything) with Mr. Green — Co-Founder of Multipad on BSClaunch Community Chat. He answered questions about the Multipad project, upcoming plans for Multipad, partnerships, and much more.

This blog post includes a recap of the live AMA session and features the questions asked by community members, list of winners, as well as Multipad Co-Founder’s answers.

AMA EVENT START

  • Chloe | BSClaunch opens the AMA

Hello everyone & welcome to today’s AMA session with Multipad. Let’s welcome Mr.Green!

I believe that there are a lot of people who are interested in Multipad must be looking forward to today’s event and want to know more about Multipad, and today we are so honored to invite Mr. Green — Co-founder of Multipad to join us today as the guest.

  • Mr. Green | Multipad

Thanks Chloe.. Hi Dear BSClaunch Community, Glad to be here :)

  • Chloe | BSClaunch

Thanks for taking your time with us today! We have prepared some questions for you to give us a deeper understanding of Multipad. Are you ready?

  • Mr. Green | Multipad

Thank you for inviting me, yes let’s go !!

  • Chloe | BSClaunch

Let’s start my question! Could you introduce yourself to our community firstly?

  • Mr. Green | Multipad

Sure. You can address me as Mr.Green and I am the co-founder of MultiPad, heading the tech solutions and operational aspects of the project.
My prior experience consists of being a Solution Architect with many Top MNCs on the Globe for 10+ Years but my passion for crypto drove me into Crypto space for the last 4 years.

  • Chloe | BSClaunch

Excellent! Could you explain a little about Multipad? We would like to know more about it and how it works?

  • Mr. Green | Multipad

The whole idea behind MultiPad was creating one of the fairest launchpads out there which not only gives you a high ROI but also an ample allocation to make the ROI extremely lucrative for the community. We wanted to build a launchpad where one token serves all, hence holding our $MPAD token gives you access to all the IDOs on all the integrated chains.

The IDO investors can participate in our launched projects in 3 ways:
- Winning a whitelist lottery by holding 10,000 $MPAD which gives guaranteed allocation in the IDO.
- Joining our ELITE Tier by holding 200,000 $MPAD to secure guaranteed allocation for every IDO without having to participate in the lottery.
- Getting guaranteed allocation by becoming one of the top 20 “Average Liquidity Providers”

the community can also go through our medium article for all the details..

  • Chloe | BSClaunch

Nice to know more about your ideas! Here’s another question

Can you share the achievements the team has made so far? What are the major achievement targets of Multipad to achieve?

  • Mr. Green | Multipad

We have come a long way since inception and are proud to have built a close working relationship with the Polygon and Avalanche teams. This is exhibited by our upcoming AMA planned on Polygon’s AMA channel at 2 PM UTC September 3rd.

We consider security to be of utmost importance, hence our smart contract has been successfully audited and the results are accessible to public on our website.

Our target in near future is to build more partnerships and drive mass adoption for $MPAD. There are many exciting announcements in the pipeline.

  • Chloe | BSClaunch

Quite impressive! 😍

Could you please provide some info about your Roadmap and how Multipad is progressing so far?

  • Mr. Green | Multipad

I must say we are blessed with an exceptional team and being a tech centric team we have achieved our Q3 target of integrating BSC, Polygon and AVAX already !!

In the coming months the team would be working on Cardano and Solana integrations along with fine tuning our bad luck protection mechanism.

This is just the beginning for us, we are hoping to change the landscape of launchpads completely by being the one-stop launchpad for all major chains. :)

  • Chloe | BSClaunch

Really looking forward to it. Let’s go with the last question of the first segment. Why would you want IDO on BSClaunch?

  • Mr. Green | Multipad

BSClaunch undoubtedly has exceptional community support and the whole reason behind creation of MultiPad is mass adoption with a strong community base. As our native $MPAD token is on BSC, we needed a launchpad like BSClaunch with strong industry connections. The interactions and quick turn-around times from the BSCLaunch team are highly professional and we are glad to have formed a strategic partnership that will help bring incredible projects for our investors to participate in.

  • Chloe | BSClaunch

Great to hear that from you. I believe that BSClaunch team can support you to reach your target and give Multipad a big boost. I am also wondering why the IDO price is equal to the Private round price? I believe many people are also curious and have the same question as me

  • Mr. Green | Multipad

Great question.. As you are aware we have successfully closed our Private round and i must say our strategic investors are truly exceptional as they share our vision of “CommittedToCommunity” and have contributed at the same price of $0.05 as IDO.

the idea behind this was to form a baseline where everyone is an equal investor. and initial investors do not get an advantage of buying at a lower price to avoid a possible dump for IDO participants.

  • Chloe | BSClaunch

Thank you for your responses. We have just finished the segment of: Guest and project introduction. Let’s move on to the segment 2: Twitter Questions

NFT gaming is the new trend at this moment. Are there any projects lined up? Plus What are the future plans about cex listing and measures to come up with projects which are risk free for investors?

  • Mr. Green | Multipad

We are in talks with multiple solid projects to finalise a launch.In fact, our upcoming project is a major NFT gamechanger, so keep an eye on our announcement channel.

Furthermore we have 3 layers of filtering for due diligence and many of the projects we are talking to are being referred by the Polygon / Avalanche team themselves.

We are already in talks with the correct people for centralised exchange listing and a separate roadmap is being formulated targeting specific exchanges.

Partnerships are some of the most important cornerstones to help improve adoption. Can you briefly describe your PARTNERSHIPS so far?

  • Mr. Green | Multipad

We currently have a very good working relationship with Polygon and Avalanche Team. Our partnership with BSCLaunch has already been announced and there are 3 more major partnerships being finalised as we speak.

To give you an inside scoop,we are also in talks with Chainlink for VRF integration with MultiPad and an agreement has already been signed, however the official co-marketing can only go out after we are live on main net and integrated.

What are the future investment prospects of the project? and Where is the best place to buy your tokens? Is it too late now for us to buy? What benefits do I get for buying and holding project tokens for the long term?

  • Mr. Green | Multipad

In my opinion the best place to buy $MPAD would be our public sale on our own website or on BSClaunch. However, the whitelist for the IDO to be held on our website is already closed, but the good news is that absolutely anyone can connect their metamask and participate in our Round 2 which is FCFS.

Alternately,they can also buy on PancakeSwap after our launch time which is 2nd September 16:00 UTC.

What is the “bad luck protection” and how does this protect investors?

  • Mr. Green | Multipad

Looks like we have a keen observer. Bad luck protection is a mechanism devised to ensure that the probability for the lottery participants who have not won any lottery increases with time. The structure for the mechanism is already formed and is still being tested but the final implementation will be after analysis of participation / lottery data from our first few projects.

Smart contracts are prone to failure and many projects fall victim to this, costing users money and discrediting the project. How reliable and secure is your smart contract? Have you audited it through any of the parties?

  • Mr. Green | Multipad

Security is certainly our top most priority. Our platform smart contract is fully audited by QuillAudits and there will be future audits as well. In fact one of our developers has prior auditing experience so our smart contracts are built in a very secure manner.

  • Chloe | BSClaunch

It is time to move to the Free-asking part. Everyone can send any questions about Multipad.

All members will be unmuted and free to ask questions in 3 minutes!

  • Chloe | BSClaunch:

Wow, we got a lot of questions from the community!

I am very sorry that Mr Green will only choose 5 questions to answer because time is limited. @MrGreen_Mpad Please reply to the question you want to choose

  • Mr. Green | Multipad

Wish i could answer them all.. For now let’s go with 5 i can answer..

  • Question from :

Currently, NFT is very hot, do you think you will apply NFT technology to your products in the future?

  • Mr. Green | Multipad

Certainly, we have a sister company comprising of artists and designers.. So the possibility of a MULTI CHAIN NFT is quite high. ;)

  • Question from :

When is the pancakeswap listing?

  • Mr. Green | Multipad

16:00 UTC 2nd September on PancakeSwap

  • Question from :

Do Token holders have right to participate in the governance of the project? On what kind of decisions can they vote on about the project?

  • Mr. Green | Multipad

Yes, governance mechanism will be introduced in MultiPad and holders will be able to govern important decisions like token burns / next chain integrations / project launch priorities etc.

  • Question from :

STAKING is one of the STRATEGIES to ATTRACT USERS and HOLD Them and long term. Does your GREAT PROJECT have plan about to Staking?

  • Mr. Green | Multipad

Yes, once staking is introduced it is mandatory to stake the tokens in order to participate in the IDOs launching with MultiPad

  • Question from :

Is your project only for elite investors, what about others with small funds, is it open to everyone?

  • Mr. Green | Multipad

We have participation mechanism for big and small investors, you can get a chance to participate in the IDO by holding a 10,000 $MPAD which is equivalent to just $500 at public launch.

I think we are good now ?

  • Chloe | BSClaunch

It looks like you have the best preparation for the AMA. Thank you very much for sharing your successful project with our community, we will be waiting for the news and milestones of your project!

  • Mr. Green | Multipad

It has been great answering the community’s questions. Lastly, I would like to thank the entire community of BSClaunch and MultiPad for all your support, along with the relentless admins of both groups. Kudos to you all !!

  • Chloe | BSClaunch

The above is all for today’s AMA with Multipad

  • Mr. Green | Multipad

It has been great answering the community’s questions.Due to the time constraint i haven’t been able to answer all of them. Please feel free to join our telegram group for any queries.

                           AMA EVENT END

AMA WINNER LIST

Thank you to all of our beloved members who attended the AMA today. Congratulations to the members named below for their special interest in BSClaunch and Multipad. You are the lucky ones to share our $500 BUSD prize pool, for those who have won, please send a private message to @Chris_BSClaunch (Telegram username) on telegram to claim your prize.

  • Please note:
    - To avoid the use of fake nicks, the winning members are requested to contact us within 24 hours to receive their rewards.
    - 10 winners will share a pool of $500 BUSD, each will receive $50 BUSD

@xdionysozx (Telegram username)

@cryptonoob08 (Telegram username)

@merusrus (Telegram username)

@SherlynMarquis (Telegram username)

@shariah112233 (Telegram username)

@YoBoi5598 (Twitter username)

@JenniferMirren (Twitter username)

@IvanxolodXolod (Twitter username)

@MohammadSyella (Twitter username)

@baykusbirligi (Twitter username)

MultiPad is a community-governed, decentralized multi-chain powered launchpad, enabling startups to raise funds. MultiPad will partner with projects and help them with marketing, go-to-market strategies, technical advice and assistance. MultiPad will be partnering with projects that show strong passion and a promising vision for DeFi. Our partners are aligned with our promise to be “committed to community”, and our community is everyone who has a stake in MultiPad, including strategic investors, community investors and IDO project partners.

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BSClaunch is a new and promising Binance Smart Chain-based investment platform, which will enable the most innovative projects to raise start-up capital. The platform will give projects a strong foundation to develop and prosper in a decentralized environment, while also giving investors access to exclusive early-stage projects. We empower our community to invest with safety, freedom, and equal opportunity. To learn more about BSClaunch, refer to our documentation portal.

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