BITINDI CHAIN PARTNERSHIP ANNOUNCEMENT

Bitindi Chain
4 min readJan 19, 2023

Bitindi Chain’s main goal is to create a user-centric sustainability-driven ecosystem, and it is able to achieve this by having sustainability embedded inside the Bitindi Chain consensus mechanism and runtime logic. Thus, making sure that sustainable participation in the network or in the real world is highly incentivized, with a real usecase on Bitindi network. We’re proud to announce the partnership with Gempad a Launchpad platform with most of the required features from staking to token creation on Bitindi Network.

What we can create on Gempad?

GemPad is a frontline protocol for users and project-owners to launch their projects and tokens.

The Launchpad for everyone who wants to launch or invest in the best projects. GemPad is the community’s launchpad where our community has a say. Here we have unmatched support unlike anything out there, while still having some of the lowest fees. Choose GemPad, pick the best option for your project and community.

Launch Types

NORMAL PRESALE: This launch type has a SC and a HC. It can be whitelisted, public or both whitelisted and then public after a time limit. There is a max and min contribution.

FAIR LAUNCH: This launch type has a SC but no HC. It has to be public and there is no max and min contribution.

SEED SALE: This is an early fundraising round. It will probably be the first raise a project ever does. If you invest you will not receive tokens till the project officially launches, not when it is finalised. This launch type has a SC and a HC. It can be whitelisted, public or both whitelisted and then public after a time limit. There is a max and min contribution. This type of sale is a bit riskier as there is no liquidity lock so please only invest in seed rounds of projects that you know and trust.

PRIVATE SALE: This is an early fundraising round. It is similar to a Seed Sale. If you invest you will not receive tokens till the project officially launches, not when it is finalised. This launch type has a SC and a HC. It can be whitelisted, public or both whitelisted and then public after a time limit. There is a max and min contribution. This type of sale is a bit riskier as there is no liquidity lock so please only invest in seed rounds of projects that you know and trust.

PARTIAL RAISES: A partial raise means they are raising part of the funds with us and part with another launchpad or even multiple launchpads. This launch type has a SC and a HC. It can be whitelisted, public or both whitelisted and then public after a time limit. There is a max and min contribution.

HYPER LAUNCH: A hyper launch is similar to a fair launch apart from it is limited by the amount of contributors, which is set by the project owners. There is a SC but there is no HC. It can be whitelisted, public or both whitelisted and then public after a time limit. A max contribution is optional for this type of launch.

STEALTH LAUNCH: A stealth launch is similar to a normal presale, it has a SC and a HC. It can be whitelisted, public or both whitelisted and then public after a time limit. There is a min and max contribution. The difference between a stealth launch and a normal presale is the CA is hidden until launch. We created this launch type so projects that stealth launch have the liquidity locked at launch as well as no late or fake CAs. Please Note: Project owners have the option of adding liquidity themselves, allowing their friends to or even opening it up to the public.

STEALTH HYPER LAUNCH: This is a combination of a hyper launch and a stealth launch. There is a SC but no HC. It can be whitelisted, public or both whitelisted and then public after a time limit. It is limited by the amount of contributors. A max contribution is optional for this type of launch.

STEALTH FAIR LAUNCH: This is a combination of a fair launch and a stealth launch. There is a SC but no HC. It can be whitelisted, public or both whitelisted and then public after a time limit.

Staking with GemPad

You can set up a staking pool at GemPad for the price of 3500 BNI/ and 2% of the staking rewards. The 2% will be used for aidrops for $GEMS holders. You do not need to contact the GemPad team it can all be done automatically. Use GemPad staking to reward your holders or for governance of your DAO.

Token & Liquidity Lock

GemPad allows you to lock your tokens or liquidity. We believe it is one of the most important services security wise. Locking the liquidity pool of a project ensures that the liquidity cannot be “pulled”, and therefore scam investors.

Additionally, locking project tokens gives investors confidence that you will not sell tokens onto your project’s market, taking money from them.

GemPad charges NO FEE for locking tokens and /or liquidity.

Join Us for More Updates

Twitter: https://twitter.com/bitindichain

Telegram: https://t.me/bitindi

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Bitindi Chain

An innovative blockchain that aims to bring a shift in the blockchain ecosystem by introducing a next generation user-friendly development tools.