PulsePad (PLSPAD), a new launchpad protocol enabling cross-chain operations for the Ethereum (ETH) network via PulseChain, is preparing to launch its IDO in the coming weeks. Users can send ETH to the PulseBridge contract, which will issue an equivalent amount of PulseETH on the Pulse blockchain. Backers can also convert their Pulse to PulseETH.
How PulsePad Assists Developers
All of the assets and tokens launched via PulsePad will work with PulseChain — an Ethereum-like blockchain network for building decentralized applications (DApps). From its launch onward, PulseChain provides developers with a faster network due to the proof-of-stake validators and features an ‘ultra-efficient’ virtual machine for DApp testing. These features provide a safe, efficient space for developers to test their applications before going live. Once live, the PoS consensus lightens the load within the PulseChain, offering a long-term scalability solution with instantaneous transaction times.
Operating similarly to many proof-of-stake networks, PulseChain will have validators stake their PLS in return for rewards. Validators earn the largest cut of staking fees. The project will launch with a PulseETH/ETH trading pair and an ETHPulse/Pulse trading pair on Uniswap.
PulsePad is a deflationary launchpad, meaning that the total number of PLSPAD tokens will be lowered over time. Selling PLSPAD will incur a 10% fee, and backers who unstake their PLSPAD will also incur a penalty. All projects within the PulsePad ecosystem must commit to these deflationary rates to host an IDO, benefitting the ecosystem of token holders. By putting every developer on the same deflationary playing field, PLSPAD can remain a valuable utility token for interacting with the various assets within the launchpad - the more value in PulsePad, the more payout early investors and developers receive during a token sale.
New projects will enjoy top-tier marketing,promotional assistance and even some consulting services to stand out from competitors in return for their commitments. In addition, all successful IDO tokens will list on the PulseChain DEX, and some will even be compatible with Ethereum via the PulseBridge. These offerings are a significant boost for new developers, ensuring they’ll have an active audience of users right out of the gate.
BlueZilla’s Massive Successes
Bluezilla’s most recent launch was the Cardano-based Astroswap decentralized exchange, providing backers with asset staking and swapping features on the Cardano blockchain. Astroswap held an IDO in early October and sold out in less than 48 hours. Early backers saw a 330x return on this DEX token purchase, with the potential to grow still present, weeks later. Most Bluezilla-supported IDOs are related to NFT and gaming platforms and a few decentralized exchanges (DEXs).
Compared to other blockchain incubators, Bluezilla has a staggering success rate. The firm has everything an early project should need to grow, such as a dedicated in-house team, a global network of influencers to support marketing efforts, and even an expert legal team to manage any potential judicial issues.
A Revolutionary IDO
In a way, PulseChain is everything Ethereum tries to be, but struggles to accomplish due to its bloated network and own limitations. The HEX/Pulse community is extremely strong, with amazing support and buzz on socials and in the news. Combine this with BlueZilla's success, Crypto’s strongest bull run yet, and you have the recipe for a perfect storm. Visit the website at https://pulsepad.io/ for more information.