Infinity PAD
Crypto Overview
Overview
Infinity PAD is a launchpad platform built on the BNB Chain (formerly Binance Smart Chain). The IPAD token serves as the native utility token for the platform, primarily used for governance and access to early-stage project launches.
Purpose and Utility
The stated purpose of IPAD is to provide token holders with access to early-stage project launches and participation rights in the platform's governance. Token holders can stake IPAD to participate in Initial DEX Offerings (IDOs) hosted on the platform.
Business Model Analysis
The platform's core business model revolves around facilitating new project launches and providing a platform for early-stage investment opportunities. The model appears transparent in its operations, with clear documentation of how the launchpad functions.
Real-World Adoption
The platform has hosted several IDO launches, though activity appears limited compared to larger launchpads. On-chain data shows active staking participation from token holders.
Development Activity
The project maintains an active development presence, with regular updates to the platform's infrastructure and smart contracts. The team consistently communicates through official channels about platform developments.
Token Distribution
Token distribution includes allocations for the team, development, marketing, and public sale participants. Team tokens are subject to a vesting schedule, indicating some level of commitment to long-term development.
Crypto Impact
To assign a comfort level investing in Infinity PAD from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Infinity PAD.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.