TronPad (TRONPAD)is the first launchpad created and partnered with the Tron network. Tron is a significant project developed with the aim of establishing a truly decentralized internet, including its infrastructure. The TRONPAD token is available in BEP-20 and TRC-20 forms. TRC-20 is defined as a technical standard utilized for smart contracts on the Tron blockchain in order to implement tokens with Tron virtual machine.
Moreover, TronPad (TRONPAD) operates on a tiered system offering three distinct types of tiers to the public. These are white list public allocation tiers, guaranteed allocation tiers, and weighted allocation tiers. TronPad defines itself as a two-round system comprising an open public allocation. However, TronPad does not require the holding of tokens, guaranteed allocation for higher levels, and a participation allocation for lower levels. Any allocation that is not acquired in a specific period is then offered based on first come, first served.
Furthermore, TronPad aims to empower cryptocurrency projects with the capability of distributing tokens and raising liquidity. The launchpad also aims to provide the opportunity to trade in smart chain projects to each and every trader. Additionally, TronPad is a one of its kind IDO platform built on the Tron network. IDO is a platform used for crowdfunding for any kind of project introduced on a decentralized exchange platform by utilizing tokens or coins. Additionally, the platform is referred to as the next evolution of blockchain launchpads on the Tron network that aims at resolving flaws affecting existing IDO platforms.
