VillaPad
Whitepaper
June 2021
The premier IDO platform for Binance Smart Chain Network.
VillaPad empowers launchpad project to raise liquidity in a fair & decentralized manner.
Contact information
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Email: contact@VillaPad.app
Website: www.VillaPad.app
This document is for educational and informational purposes only. The contents of this document are not a financial promotion. None of the information or analyses presented are intended to form the basis for any investment decision and no specific recommendations are intended. Therefore, none of the contents of this document serve as an invitation or inducement to engage in any sort of investment activity. This document is not intended to be a prospectus, solicitation, inducement or offering for investment or the sale or issuance of securities or any interests or assets.
The information in this document is given in good faith, but no warranties, guarantees or representations are made by VillaPad with regard to the accuracy, completeness or suitability of the information presented. VillaPad expressly disclaims any and all responsibility, and Recipients expressly waive any claim, for any direct or consequential loss or damages of any kind whatsoever (whether foreseeable or not) arising directly or indirectly from: (i) reliance on any information contained in this document or any information which is made available in connection with any further inquiries, (ii) any error, omission, or inaccuracy in any such information, (iii) any action resulting therefrom or (iv) usage or acquisition of products. This disclaimer applies notwithstanding any negligence, default or lack of Care.
The Company may update, modify or correct this document in its sole discretion, without notice or incurring any obligation or liability to any recipient hereof. This document is strictly confidential and intended to be viewed exclusively by those recipients (“Recipient(s)”) specifically authorized by the Company. This document shall not bind, convey any rights, obligations, terms, performance, covenants, representations or warranties on behalf of the Company to Recipient, or create any relationship between the Company and any Recipient or any other party.
Why VillaPad
VillaPad is the best decentralized IDO platform for the Binance Smart Chain Network. VillaPad will empower crypto projects with the ability to distribute tokens and increase liquidity. VillaPad has found a solution to incentivize and reward all token holders in a way that is inclusive and with a low barrier to entry. The fundamental flaws of existing launchpads is that acquiring enough tokens to participate in the ecosystem is prohibitive, and even if you do hold the tokens, you are not guaranteed an allocation spot. They are based on a first come first serve basis where automated bots can fill the whitelist spots in a matter of seconds. VillaPad is creating fair decentralized launches. The hallmark of the VillaPad is a two-round system that makes every tier level guaranteed an allocation. There is no luck, and no lotteries, and no bots; only fair distributed rewards for all participants.
Background
Over the last year, decentralized finance (DeFi) solutions have democratized access to various financial instruments for millions of users around the world. Not only have experienced crypto traders been leaving centralized exchanges (CEXs) as a result, but decentralized exchanges (DEXs) have made it possible for a new market of retail investors to enter the cryptocurrency world. These events have been the driving force behind the total value locked (TVL) in DeFi increasing by a magnitude of over 5x in the last six months.
It’s easy to see why this space is seeing rapid growth. To start, DEXs are quick to use, as there’s no sign up or Know Your Customer (KYC) process involved. In addition, the user interface on a DEX like Uniswap is simple, intuitive and most transactions or swaps consist of clicking a few buttons. Lastly, fees on DEXs are minimal, with most charging a flat fee of around 0.3%, versus CEXs which can charge up to 0.5% However, as volumes on DEXs increase exponentially with the adoption of DeFi, there arises an issue that many developers are currently trying to solve for: scalability. Today, most DeFi transactions are handled on the Ethereum network. This has led to an increased congestion in the network, which has made transactions on Ethereum slow and expensive. Investors and traders across the world have found themselves having to pay upwards of 50 in gas fees (or more) just to make a transaction. Whether a user is trying to make a 10 trade or a 10,000 trade on Uniswap, costs reach upwards of 50+, depending on the network congestion at the time of the transaction. This has made Ethereum transactions cost-prohibitive for most retail traders to participate in. Sidechains, layer 2 (L2) solutions, and even different blockchains such as the Binance Smart Chain (BSC) have emerged as a result of this.
The VillaPad Vision
At VillaPad , our mission is to make DeFi accessible and fair for everyone. To do this we have decided to build on the BSC Network as it is capable of lightning fast and low cost transactions. The BSC network can process transactions quickly, and at a cost that is one hundreds times cheaper compared to Ethereum. Yes — even thousands of times. With low transaction costs, traders can trade freely without worrying about excessive transaction fees on their profits
The Capital Allocation Problem
In the current ecosystem, early investing in blockchain projects is not available to the average retail investor. Here are some reasons why: — Large Venture Capitalist (VC) Funds still dominate the pre-seed rounds of top DeFi projects and suck up initial token supply before the public even knows about these projects. — Early fundraising rounds for projects which don’t take VC money are often filled instead by friends of the founders and influencers. — Projects which do whitelist based allocations are a game of luck, given out to those who are online when the whitelist form is made available, people with the fastest internet connection, or even bots who are able to fill out a form instantly. — Projects which go down the route of “fair launches” and mining based distributions disproportionately favor rich investors who can stake large amounts of capital. Those with the most capital are able to earn most of the supply. — Projects which launch completely on Pancakeswap are not fair anymore in the current market. Bots are able to buy token launches the moment liquidity is added by the founding team — often driving up the price and making everyone else buy the token at a large premium. The bots then proceed to sell into the ordinary investors, who are simply a few seconds too slow to compete.
Current Binance Smart Chain Project Launches
Projects that is launched on Binance Smart Chain are currently no different from those on other popular blockchains like Ethereum. On both blockchains, inequity and decentralization are present when it comes to fundraising for projects. And an important thing is that a lot of IDO scam projects are the results when IDO platforms do not have a process of checking and validating IDOs before putting it on its launch pad, causing a lot of investors to lose money With pad, we provide an alternative route for projects that may want to raise funds to fix the issues facing previous platforms: — FAIRNESS: As a project with 100% purpose for the community, we offer appropriate levels of decentralization so that users with very small capital can also join IDO on our platform. This creates a fair fundraising system for all members who own VPAD. — SAFETY: We are also an Auditing platform combined with IDO launcher, we guarantee the quality as well as the safety of all projects through VillaPad’s strict audit process.
The VillaPad Solution
At VillaPad ,our mission is to democratize investing in DeFi and bring widespread adoption to the Binance Smart Chain ecosystem. Ultimately, investing should be open to anyone, easy to join and completely decentralized.
Binance Solution
Unlike traditional launchpads based on who clicks a button first, in VillaPad we are building a platform which is equitable and fair for everyone while still rewarding token holders. No more whitelist spots based on who fills a form out first and no more high financial barriers to entry. VillaPad creates fair, decentralized liquidity raises through a tri-round system that makes a tier based guarantee to interested participants based on the quantity of Moonpad tokens they own.
Round 1
In the first round, any holder who has the minimum requirement of holding VillaPad tokens can participate in the raise for a given initial distribution offering (IDO) for a project. Through a pooled system, anyone can participate in a raise over an eight hour period and the proportion of allocation given to a participant depends on the pool weight of their tier which is solely dependent on the number of VPAD tokens they have hold
Round 2
In the second round, any tokens not sold in the first round are put up for sale again.This second round is a first come — first serve, also known as FCFS, model in which each tier is given a period of eight hours to purchase an uncapped amount of tokens for the given IDO project, with priority given starting from the highest tier to the lowest tier. Please check out our flow on the next page for a detailed description of the process to participate in an IDO.
Round 3
In the final round of the swap, anyone on the VillaPad platform will be able to acquire remaining tokens from the sale with an uncapped limit. There will be no hold VPAD requirements for the third round of the sale.
Note: The requirements for a sale in terms of KYC are determined by the IDO project, not Moonpad , in order to comply with international regulations.
VillaPad Ecosystem Longevity
At VillaPad we want to make sure that participants in the ecosystem are long term participants in the platform and not simply short term traders who wish to come in and out of pools. To satisfy this, we will implement a time-locked period to make a user eligible for entering into an IDO round and a similar time-locked period to unstake.
In addition, the moment a user unstakes their VPAD tokens they will no longer be eligible for future sales on the platform until they stake their VPAD tokens again.
Token Allocation
One of the most important parts to any project is the token distribution, as this creates incentive structures for the long term growth of the platform. In creating VillaPad, we wanted to embrace the idea of community involvement by allocating 60% of the total token supply to the community through the Presale.
Total Supply: 500,000,000,000
Partnerships: 7%
Platform Development: 10%
Marketing & Advisors: 7%
Private Sales: 15%
Public Sales: 45%
Liquidity: 16%
Roadmap
Q1 — Complete whitepaper
Website design
Project planning
Q2 — Launch 1st IDO
Complete audit of smart contract
Partnerships
Private & Public Sale
Listing on Pancakeswap
Q3 — Listing on Coingecko & Coinmarketcap
Q4 — Expending the IDO platform
VillaPad Investment Fund
With the ambition to build and promote Defi to the next level especially projects on the Binance Smart Chain network. We now established the VillaPad lnvestment Fund with the mission of incubating, supporting and promoting potential defi projects that have been IDO on the launch pad and undergo VillaPad’s strict appraisal or audit process We are confident that the fund will reach a market capitalization of 500 million USD and support at least 15 successful projects as well as have a strong foothold in the market by the end of 2022.
Conclution
VillaPad is a platform which will disrupt the way that everyday investors enter and participate in the DeFi ecosystem. While the VillaPad team is focused on decentralized fundraising and IDOs for now, our future plans are much broader and will involve developing additional features for the next generation of BSC projects. The future of DeFi is VillaPad and Binance Smart Chain. We are making DeFi truly accessible and fair to anyone, regardless of how much money or what connections they have. We are excited to have you on this journey.
