KUPAD ($KKPAD) AMA @CryptoStarship 🚀 Recap

Token: $KKPAD (KCS Chain) 💎

KUPAD is a protocol built on Kucoin blockchain with the sole aim of helping projects raise capital in a decentralized way.

Twitter: https://twitter.com/Kupad_Finance

Telegram: https://t.me/KUPADKCS

Website: https://kupad.live/

Chart:📈 https://kcc.poocoin.app/tokens/0x627f63299d9df3d4e22132932da577bb08ca0988

Telegram AMA Conversation Recap: 📝

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:00]
Guys we’re ready to start the AMA with KUPAD. feel free to join their tg group https://t.me/KUPADKCS

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:00]
Chat is now muted

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:01]
Welcome @FranklinKupad, @NeoKupad and $KKPAD crew, it is very nice to have you aboard on the @cryptostarship

Franklin, [20.07.21 10:01]
[In reply to Satoshi Nakamoto | @CryptoStarship]
It’s a pleasure mate🤝

Neo, [20.07.21 10:01]
It’s an honor to be here 🙏

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:02]
Great! So why don’t you take a minute to introduce yourselves and key members behind KUPAD, and tell us more regarding your background

Neo, [20.07.21 10:07]
Hello Everyone, this is NEO a team member with KUPAD Finance, worked in the information technology space for a decade as business process consultant.

Franklin, [20.07.21 10:07]
I’m Franklin by name , I’ve been in the space for about 3 years having participated in numerous ICOs, I’m the COO of KUPAD which consist of other 4 team members which includes the web and smart contract dev, graphics designer together with other top team members deciding the future of KUPAD

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:08]
Very nice, a full and very promising team, necessary for a launchpad project pioneering within KCC network.

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:09]
So in very simple terms, can you explain what KUPAD is all bout, and what it aims to accomplish? We’ll get into more details a bit later

Neo, [20.07.21 10:14]
KUPAD was an idea which got crafted with vision to build a clean ecosystem for investors, VC’s and crypto communities looking for a space where they can trade with zero risk factor. Most importantly KUPAD aims to create space for new launchers aiming for greater success.

Franklin, [20.07.21 10:15]
Furthermore to what @NeoKupad has said ,KUPAD is the first decentralized launchpad on KCC and the only launchpad that’s functional as far as I know, please correct me if I’m wrong. The major aim of KUPAD is helping investors choose projects that have undergone thorough vetting process making sure the space is atleast 98% safe because you can never be so sure even after the vetting process but then we have to make sure we help investors chose projects that will yield massive return

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:16]
Understood. I strongly feel there is a need for a project like yours, and well done for pioneering in this space and having a launchpad ready so fast!

Franklin, [20.07.21 10:16]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
Thank You ☺️

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:17]
with so many projects starting to pop up on KCC, many investors have lost their capital due to rugs. so this definitely does harm to the chain itself, and it’s necessary to create an ecosystem such as yours

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:18]
From your experience, what are some of the most notable challenges current projects on KCC face, and how do you plan to address these?

Franklin, [20.07.21 10:22]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
One of the important challenges projects face on KCC is lack of basic products on the chain due to the fact that it’s blockchain has yet to be fully explored by top teams, e.g absence of top quality bridge service and many more that I can’t talk about and we at KUPAD have chosen our first launchpad project to address this issue.
Aside from the fact that the overall market condition is very bad at the moment, we need the Kucoin team to come out and support projects with products on the chain because this is what happened to BSC when it gain traction because of the massive support from CZ and the Binance chain team, I could go on and on to mention numerous challenges facing KCC but then I think this two is a priority for the moment

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:23]
[In reply to Franklin]

makes absolute sense. I like that you guys are constantly building, even under these conditions. Shows you genuinely care. Besides best time to build is during bear market conditions

Franklin, [20.07.21 10:25]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
Absolutely because when opportunity meets preparation, then you know what it means. Regardless of the current price and market conditions, we keep building to improve the project

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:25]
[In reply to Franklin]

[ GIF ]

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:25]
exactly

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:26]
An investor interested in investing in a project on your launchpad knows you have your strict vetting process. But they first need to trust you as a launchpad. I have heard you have doxxed yourselves to well known and trusted entities in the crypto space, correct?

Neo, [20.07.21 10:26]
Crypto is definitely an unexplored space for many with vast knowledge spread across, so having said that many people tries to get into the loopholes and play the rug game. Mostly its the new entrants burn their hands on this act, so it’s very hard to build the trust. But with introduction of KCC I am sure there will be some major changes happening into the ecosystem to fight the odds. Like Frank has mentioned above KUCOIN is big so they should be taking these things into consideration and should come up with strategies to lift up KCC as a whole.

Franklin, [20.07.21 10:26]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
Yes we doxxed with Reno of infinity gainz

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:26]
[In reply to Franklin]

BULLISH!!!

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:27]
very important to gain the first advantage on trust

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:27]
[In reply to Neo]

correct

Franklin, [20.07.21 10:27]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
That’s right

Neo, [20.07.21 10:28]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
+

Oriental | @cryptostarship, [20.07.21 10:28]
[In reply to Franklin]

I can add that Franklin and his team is one of the most hard working guys in the space. Despite all the bumpy roads from launch — they kept pushing and earned my respect. They will not rest until KKPAD is a force to reckon with ;)

Neo, [20.07.21 10:28]
And KUPAD intends to stand out as one in a million

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:28]
So are there any projects that are under your radar or planning to launch very soon? Could you tell us more?

Neo, [20.07.21 10:28]
[In reply to Oriental |
@cryptostarship]
🙏

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:29]
[In reply to Oriental |
@cryptostarship]
Then they have earned my respect too, I trust Oriental and his judgement

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:29]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
.

Franklin, [20.07.21 10:30]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
We’ve had series of projects approached us but we turned them down because they didn’t not meet the basic criteria

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:31]
[In reply to Franklin]

Understandable. You know I’m in academia, and they say the best Universities are the ones with the lowest acceptance rates!

Oriental | @cryptostarship, [20.07.21 10:31]
[In reply to Franklin]

Could you tell us more about KKPAD criteria for future projects? That they could prepare in advance

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:32]
[In reply to Oriental |
@cryptostarship]
yes, thanks! I was going to ask too, was wondering regarding the vetting process, what are the key steps you take to ensure its quality and legitimacy?

Oriental | @cryptostarship, [20.07.21 10:32]
And pass your requirements with flying colours

Franklin, [20.07.21 10:33]
[In reply to Oriental |
@cryptostarship]
The first and most important thing is the kyc process after which there must be proof the project doesn’t intend to grab funds and stop development, atleast 50% of raised funds must be locked in liquidity.
We always assist the teams willing to use our launchpad in anyway we see they need reinforcements as we ourselves keeps expanding our team

Neo, [20.07.21 10:33]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
As promised we have made an announcement to our FIRST IDO LAUNCH within the 24 hrs of KUPAD launch. We did received a lot of proposal for a launch and after having a serious discussion we selected KUBRIDGE to be our first IDO LAUNCH on KUPAD.

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:34]
[In reply to Neo]

[ 🚀 Sticker ]

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:34]
great, I can see efficiency and a team that delivers

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:35]
[In reply to Franklin]

Smart solution, so this way projects are economically motivated to continue developing

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:35]
and whatever happens you support the liquidity by locking a percentage of funds

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:35]
within the KUPAD ecosystem I imagine

Franklin, [20.07.21 10:36]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
Exactly

Franklin, [20.07.21 10:36]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
Yes

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:37]
[In reply to Franklin]

so KYC is the first step, funds locked second one. Do you also interview with the team to make sure they have figured out logistics? Anyone can copy paste an inspiring defi solution project, but very few actually have the exact steps figured out and the expertise/team to accomplish it

Franklin, [20.07.21 10:39]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
Yes we do and discuss extensively to see their weakness and see how to help those really serious about their projects

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:39]
[In reply to Franklin]

excellent, that’s what I wanted to hear, consulting is another aspect very few launchpads care about.

Neo, [20.07.21 10:40]
We aim not to promote any clone project for an obvious rug pull event

Oriental | @cryptostarship, [20.07.21 10:40]
[In reply to Franklin]

Any upcoming partnerships in the future you are aiming to get? Maybe already have something planned?

Franklin, [20.07.21 10:43]
[In reply to Oriental |
@cryptostarship]
For now we’ve not really had time to discuss about partnerships due to the fact that we don’t really know projects that have intentions to rug since the chain is still very new, let’s achieve our milestones then we will look forward to reaching out to projects that share same goal and vision with us as any project we partner With will have a massive impact if it eventually goes wrong

Oriental | @cryptostarship, [20.07.21 10:44]
Agreed. Safety first.

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:44]
[In reply to Franklin]

fair enough. and once you identify what projects you can benefit from and where you add value, partnerships will come naturally

Franklin, [20.07.21 10:44]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
That’s it

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:45]
So do you mind breaking down $KKPAD tokenomics? What are some of the key functions? And what are the benefits to me as a holder both in terms of profit and governance participation?

Neo, [20.07.21 10:45]
Lets just say we deliver first to gain trust and followers, and eventually partnership follows with the progress

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:45]
[In reply to Neo]

💪🏼💪🏼💪🏼

Franklin, [20.07.21 10:49]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
We literally tried to keep the MC very low at launch to make it attractive to investors but unfortunately we had a not too smooth launch which affected the project price wise but then we’ve made it in such a way that everything on KUPAD revolves around KKPAD because projects launching on KUPAD launchpad are mandated to buy some certain amount of KKPAD token and burn them thereby creating scarcity for the tokens. Again we have our governance token coming up and this will also revolve around KKPAD even though there’s nothing concrete at the moment regarding how the governance tokens will work but be rest assured holders will be excited when we eventually unleash the governance protocol

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:51]
[In reply to Franklin]

Great to hear! I’m holding my KKPAD tokens. Excited for what’s coming.

Satoshi Nakamoto | @CryptoStarship, [20.07.21 10:52]
Last question from me, I was curious to understand how you guys facilitate both a fair and safe launch across all your listed KUPAD projects? Is it via a suite of smart contracts like DXSALE? or how if different?

Neo, [20.07.21 10:57]
[In reply to Satoshi Nakamoto |
@CryptoStarship]
Like I mentioned before we prevent clone projects to launch at KUPAD, we do serious talks with Dev Team’s to make sure they have a working model and a vision to move ahead. We also do proper check on the smart contracts created and KYC to make sure nobody tries to perform an easy rugpull event. As KUPAD intend to maintain it’s dignity to rise and gain trust.

Franklin, [20.07.21 10:59]
[In reply to Neo]

In addition to this, it is via a smart contract like DXSALE

Oriental | @cryptostarship, [20.07.21 11:00]
[In reply to Neo]

Agreed. Reputation is crucial. Could You tell us about marketing plans for KUPAD? What can we expect in the future from your team, to get more exposure (which is deserved) ? Which tactics are you going to use for maximum effort?

Satoshi Nakamoto | @CryptoStarship, [20.07.21 11:00]
[In reply to Franklin]

Awesome!

Franklin, [20.07.21 11:03]
[In reply to Oriental |
@cryptostarship]
We are being very careful in terms of marketing due to the fact that no matter the marketing you do this period, there’s every tendency it might probably not have an impact so we are keeping tabs open exploring the best possible means of marketing to give value for money spent

Franklin, [20.07.21 11:03]
So basically we are waiting to see the upside of the market before we go hard on marketing

Satoshi Nakamoto | @CryptoStarship, [20.07.21 11:05]
[In reply to Franklin]

yeah I get it, exploring best RR opportunities and marketing avenues

Satoshi Nakamoto | @CryptoStarship, [20.07.21 11:06]
Alright that’s it from us in the CryptoStarship, great responses! Thank you for your time
Will now unmute the chat for the starship and KUPAD community to ask any question, if any

Neo, [20.07.21 11:07]
Thanks for the great AMA

Oriental | @cryptostarship, [20.07.21 11:07]
Thanks KUPAD team. Keep up the good work. Exciting times to come

Oriental | @cryptostarship, [20.07.21 11:07]
Franklin

Neo, [20.07.21 11:07]
[In reply to Oriental |
@cryptostarship]
🙏

Oriental | @cryptostarship, [20.07.21 11:07]
I’m watching you :))

Satoshi Nakamoto | @CryptoStarship, [20.07.21 11:07]
Yeah! A lot to come so keep us updated!

Oriental | @cryptostarship, [20.07.21 11:07]
[ GIF ]

Satoshi Nakamoto | @CryptoStarship, [20.07.21 11:07]
[ 😍 Sticker ]

Franklin, [20.07.21 11:07]
Thank You ☺️

Oriental | @cryptostarship, [20.07.21 11:07]
Good luck!

END

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