AMA Recap — HODLPAD X ProBit Global

ProBit Global
9 min readMar 11, 2024

Speaker: Jonathan

CEO & Co-Founder

Part 1 — Introduction

  • Please provide our audience with an overview of the project, What problems does HODLpad (HODL) seek to address? And what have you set out to accomplish?

Fair participation in good projects — HODLpad, a multi-chain launchpad, presents the unique Future Sale of Vested Token (FSVT) Marketplace, supporting BRC20, ERC20, BEP20, and SPL tokens.

Being a launchpad, Hodlpad aims to uphold a stellar reputation by only working with the best projects. Projects will have to grow through a gruelling process to be allowed to launch on hodlpad. Capital preservation and growth is key for our users and participants.

Having a steady inflow of (moon projects) which do not rug to ensure that participants have a constant opportunities to invest and to also secure a safe investing environment.

Hodlpad also serves as an inclusive hybrid launchpad, addressing the fundamental challenges faced by every defi user, the opportunity to participate in early rounds in the most hyped projects. Be if strategic , seed, or private, hodlpad has ways and an extensive network to bring together these gems.

Hodlpad aims to address the main issue that occurs in every segment of the crypto market. This is a problem that is prevalent everywhere, Liquidity. Be it for VCs or individuals. Liquidity is key, Hodlpad is a the worlds first innovative automated marketplace that is being carefully constructed off a term called (future sales of vested tokens). FSVT is a revolutionary new feature that allows participants on launchads and exchanges or even private sales, (anyone with vested tokens) will be able to sell their vested tokens for immediate liquidiy.

  • What is the utility of the HODL token, and can you tell us about its features?

Our initial utility for HODl tokens will include participation in our IDO projects. The more tokens you have, allows different levels of participation from seed to private sales, to public IDO sales. Moreover, selling on FSVT marketplace will require some HODL tokens, to list your sale of vested tokens on the marketplace, a certain amount of hodl tokens will be required.. Additional utility for HODL includes platform revenue sharing of up to 50% and a solid hybrid governance structure. The token utility has been carefully planned out to ensure $hodl plays a pivotal currency within the hodlpad ecosystem. Fostering a long term comprehensive solution for accessing token allocations and managing liqudity.

  • Can you tell us a bit about your tokenomics and project fundamentals?

Our total token supply is 100m tokens

Fair launch public sale : 42%

CEX/DEX liqudity provisions 10%

Team and advisor 5% with a 3 months cliff followed by 4% over 25 months *long vesting*

Community contributors 5% 3 months cliff followed by 4% over 25 months

Marketing and partnerships 12%. 10% at listing and 10%monthly

LP staking rewards 12%. 5% at listing 5% monthly

Tech and ecosystem 12% . On a monthly basis over 12months (unless voted otherwise)

Users protection fund (UPF) 2%

  • What’s something unique that HODL is doing which sets you apart?

HODLpad is the worlds first hybrid launchpad that encompasses a marketplace. This marketplace is not an ordinary marketplace that sells ordinals or nfts, this marketplace firstly addresses the issue of every investor in the entire defi and crypto industry, which is liquidity. Liquidity affects decision making and future plans.

This proprietary offering allows participants on HODLPad, as well as other launchpads, to access immediate liquidity based on their vested tokens that have not yet been unlocked. For instance, if a participant like Josh has only received 50% of his vested tokens due to vesting schedules, FSVT enables him to sell this allocation for immediate liquidity on the automated marketplace.

Here’s a practical scenario: Josh initially invested 100 USDT in Project A tokens, but due to vesting, he only received tokens worth 50 USDT. While waiting for the remaining tokens to unlock over the next 2 months, the token’s value increases from 1 USDT to 10 USDT. With FSVT, Josh can sell his vested tokens immediately upon listing, even before the full vesting period. The buyer gains a 50% discount compared to the spot price, providing an enticing opportunity for both parties.

This innovative FSVT marketplace is an integral part of HODLPad, offering users the flexibility to trade their vested token allocations for instant liquidity. This decentralized solution is open to anyone with a decentralized wallet, enhancing accessibility and usability for the broader crypto community.

  • What does the roadmap look like for HODL? What are your major goals for 2024 and beyond?

Major goals for 2024 includes, mass adoption of both our launchpad + FSVT marketplace. Allowing other launchpad participants to utilise this feature. While galvanising users in the process. HODL will be main ecosystem token for hodlpad. Expansion into other chains such as, SPL , BRC20. HODLpad aims to be at the forefront of crypto by always staying 1 step ahead. Providing different offerings to participants while ensuring a good *moon* return and also protecting the capital.

Part 2 — Twitter Q&A

Question 1 is from @ / Hutchinson2Drew who asks:

What are the advantages of using the FSVT Marketplace for investors, particularly in terms of unlocking liquidity for vested tokens and addressing challenges related to locked liquidity and unrealized profit?

Answer:

The FSVT Marketplace, introduced by HODLPad, provides participants with immediate liquidity for their yet-to-be-unlocked vested tokens. This platform enables users from HODLPad and other launchpads to sell partial allocations, The FSVT Marketplace extends listing privileges exclusively to users who actively participated in the Initial DEX Offering (IDO) Sale conducted on HODLPad. To be eligible for token listing, users must not only have engaged in the IDO Sale but also possess vested tokens. This two-fold criteria ensures that users contributing to the project through the IDO Sale and demonstrating commitment through vested tokens are granted the capability to list their tokens for sale on the FSVT Marketplace.ensuring instant liquidity and offering enhanced flexibility in the decentralized space.

What this does is allow the ido participant/investor to cash out their profits and even sell their vested tokens to another party that will purchase the allocation. Prices are determined by the seller, not by HODLpad. With this said, users have more liquidity to participate in more IDOs and have immediate realized gains on investment.

Question 2 comes from @ / bitcoinking100

How does HODLPad ensure fair participation for users in high-quality projects during initial decentralized exchange offerings (IDOs), and what measures are in place to prevent rug pulls and maintain a secure investment environment?

Answer:

It is obvious that regulations create a major handicap for RWA tokenization. This is the main reason why web3 RWA projects cannot take action at the moment, and it is also unknown when action can be taken. It seems that it is not possible for now to predict when the regulations will mature enough to allow real estate trading with Web3 systems. Vestate’s biggest advantage is that regulations do not pose any problems for our system. We tokenize commissions. All buying and selling transactions on our platform proceed through standard legal systems and fiat currencies. At this point, we have legal opinions and documents supporting the basis of our project. Therefore, Vestate is a platform that can be activated in any country without having to worry about regulations. But of course, we will have a strategy in which we determine our priorities in terms of the market. It is planned to be activated initially in Cyprus, then in Turkiye and then in Dubai. Details on this issue are not yet clear, but there may be changes in light of the agreements made with real estate companies.

We’ve got @ / tapxoxx with Question 3:

Your HODLpad project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiron for approaching to this name?

Answer:

Yes, actually the team behind HODLpad are all HODLERS. Literally, and we have gone through 2 cycles and are still HODLING. We have participated in many launchpads and ido platforms in the past and got either burned or rugged badly. Every mechanism that we have carefully crafted into hodlpad is based off the protectionism policies that has been experienced by the team. Moreover, HODLing is a good thing because $HODL might be the next 20x 100x 500x? Who knows skys the limit.

Now onto Question 4, from @ / Logan_8902

Can we (as token holders) participate in the governance of the $HODL project? And what mechanism have you implemented to make sure the fairness of decisions making between small and big investors?

Answer:

Yes, we have a governance policy that is being modified as we speak. Staking of hodl tokens not only gives you a return/ platform share revenue, it also allows stakers to come up with proposals. Independent proposals from the community. Everytime a proposal is put up, voters will have the chance to vote fairly.

Lastly, Question 5 from @ / CarlosBrathwai

What triggered you to launch HODLpad? What are some of the real-world problems/ pain points that HODLpad aims to solve?

Answer:

Hodlpad is a platform for the people, made by the people. WE have been there, experienced everything good and bad and we only want to bring the benefits to the community. HODLpad also solves the trapped liquidity issue via the FSVT marketplace. Currently, we believe this is not very prevalent or pretty rare in the industry right now.

Part 3 — Live Quiz

  • Question 1: What is the aim of HODL? @ / hugobosscom

Answer:

Provides participants with immediate liquidity for their yet-to-be-unlocked vested tokens + allowing users to participate in early stage investment opportunities in gem projects while having their capital protected. HODL is also a multi chain launchpad that caters to many different chains

  • Question 2: HODLpad is integrated with which market place? @ / Revolution_003

Answer:

Future Sales of Vested Token (FSVT) marketplace

  • Question 3: What parameter that represents the total points allocated across all tiers in the staking? @ / Stevendegenss

Answer:

Guaranteed Allocation Points. Based on the tiering system in out whitepaper.

  • Question 4: What are the three crucial needs HODLpad address? @ / HienKimm

Answer:

Fair Participation in Good Projects ,Steady Inflows of (Moon Projects), Liquidity and Profit. Liquidity and profit through FSVT marketplace.

  • Question 5: What are the three crucial needs HODLpad address? @ / Gangsta_ga

Answer:

BNB Chain (BSC) initially, followed by BRC20 and SPL

Part 4 — Bonus Quiz round winners:

Question 1: On your website, you don’t mention that you have done any internal or external audit of your smart contract, so can you give us details if you have done any audit before? And in case you haven’t, would you plan to perform any review of your smart contract in the near future? @/ jaquelyn_whiteside_1997

Answer:

Yes, we have been externally audited. Please find our audit report here: https://t.co/2HxyPojxE5

Question 2: As the Founder of this great project, namely HODLPAD, how much do you think HODLPAD will contribute to this crypto ecosystem? @ / Ogaaja

Answer:

We will contribute alot, not only through bringing good projects but also increasing capital gains for all the users. We aim to be the gem/diamond that people all know off! But hard to get their hands on. We aim to be the main foundations for FSVT marketplace in the entire DeFi space.

3. Tell us a little bit about security of HODLPAD. Have you done an audit of the platform? Are the smart contracts error-free? What are the test results? @ / Lindsy_crook

Answer:

Yes we have done an initial audit and u can see the results on our twitter. We have more smart contracts coming up and will audit them along the way to ensure transparency and safety for all

4. Can you list 1–3 killer features of HODLPAD that makes it ahead of its competitors? What is the competitive advantage HODLPAD has that you feel most confident about? @ / Nisha_Lloyd_68

Answer:

The FSVT Marketplace which is proprietary and native to HODLpad enable users to trade their future vested tokens and free up liquidity for other opportunity.

4. Since NFT is popular nowadays, is there a plan for NFT integration in HODLPAD? @ / Belindarojas48

Answer:

In the future when it comes to brc20 or spl. We will have a special NFT drop for our loyal users. We will also have a special liquid cross staking for NFT users.

Remember to participate in HODLPad’s IEO Round 2 which is ending soon!
https://www.probit.com/hc/1000000477098

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ProBit Global

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