CV Pad, a Web3 launchpad that helps casual investors invest in VC-vetted project IDOs, concluded a successful quarter with three major launches. Taiko, RunesTerminal, and XOXNO. Each Initial Dex Offering (IDO) on CV Pad oversubscribed and sold out quickly. These initial results show the strength of the new launchpad ecosystem model.
CV Pad has brought new Web3 opportunities to investors through rigorous vetting and research on all potential partners before listing on its launchpad platform. CV Pad’s due diligence has helped casual investors access early-stage projects with low-cap IDOs, often at a discounted rate, that improve the likelihood of positive price performance.
CV Pad users who join the public sales support the Web3 industry’s development while making reasoned investments in transparent projects, giving users a stronger chance of getting in on the next big thing. CV Pad has already shown its ability to achieve results.
The first project to launch on CV Pad this quarter was Taiko, an Ethereum Layer 2 solution. Leveraging advanced based-contestable and based-booster roll-up technology, casual investors were introduced to the Web3 startup as a technology that would help Ethereum achieve greater scalability and cost reductions. Another important detail that helped market the launch was the knowledge that the team previously worked on Ethereum’s first zkRollup Later 2 – Loopring. At the start of June, Taiko raised $45,000 from CV Pad users.
Following Taiko’s launch on the platform, CV Pad listed RunesTerminal and its $RUNI token, supporting the development of a hub for all Runes-based activity. RunesTerminal will contain RunesPad, its native launchpad to help Runes-era Bitcoin projects gain access to more investment funding and expert connections. RunesPad will differ from CV Pad in that they will not vet all project listings, giving Runes enthusiasts the opportunity for “Vetted” and “Wild-West” investments, mixing research with risk. The $RUNI IDO on CV Pad was oversubscribed and quickly sold out, proving the demand for innovations in the Runes space.
Before wrapping up Q2, CV Pad hosted the launch of $XOXNO, the native token of XOXNO Network, a complete Web3 NFT platform. By connecting DeFi and NFT technology through liquid staking, a borrow-lending protocol, and NFT ticketing, the platform offers huge appeal to Web3 users. For Web2 or traditional web users, a mobile app, Web2 non-custodial wallet, and credit card NFT purchases are also highly appealing features. The launch raised $80,000 for the project, CV Pad’s largest sale to date.
These 3 launches showcased the powerful ecosystem framework underpinning CV Pad and give another reason to trust the ‘Launchpad+’ in delivering on its mission. CV Pad will continue to offer casual investors access to VC-vetted opportunities and provide projects with all the tools needed to launch and grow sustainably.
CV Pad Partner, Danny Rowshandel, commented, “This past quarter and early summer have shown a real demand for what we’re doing, vetting early-stage Web3 projects and helping get to market. Along the way, we’ve had a lot of press and growth, accelerating our platform and allowing us to launch our own token later this year. Our experience in the market brings countless benefits to projects looking to launch their IDOs with us. Following recent market sentiment, CV Pad is planning a strategic return with new projects once crypto market excitement returns. Keep an eye on CV Pad as the market recovers.”
To keep up with the latest developments surrounding CV Pad, follow them on their Twitter page. Web3 projects can apply here to launch with CV Pad.
About CV Pad
CV Pad is a Launchpad+ that aims to take projects through its TGE with a suite of services, from tokenomics support to distribution and marketing, supported by its global network of partnerships.
As a collective, DuckDAO, CV VC, and CV Labs utilise their wealth of experience in web3 and traditional venture capital to support projects and provide vetted, curated picks for the launchpads investors.
