SECUREPAD LIVE AMA


Welcome to the Secure Pad Live AMA with The Gem Hunters, we would like to thank the team for attending today and sharing information on the project with our community!


Alright, as usual we are going to kick things off with a brief project introduction Question, tell us what Secure Pad is all about! We know any of our community members probably already know you, but for those who don't - please give us a brief introduction of what Securepad is actually all about and what you're trying to achieve? Please give us also a brief team introduction.


Yeah, let’s get into it! Secure Pad aims to be the go-to launchpad for new projects, pairing Founders with other skilled industry participants in the crypto space. Founders can fill the missing roles that will take their vision from idea to finished product. Secure Pad will be a network connecting Founders to developers, auditors, designers, marketers, advisors, or any other role a project may need to complete their team, and on the path to success. This is known as the Decentralized Incubation referenced in the medium article. A one-stop shop that helps projects plan, hold pre-sale fundraises, lock liquidity, and launch securely.


Holders of the $SEPA token will have the ability to receive staking rewards in tokens of projects launched through the Secure Pad launchpad, and receive IDO allocations. The $SEPA token has deflationary properties as outlined in the Whitepaper. Further, through the Reserve & Repay fund, investors can set up a claim in the unlikely event a project launched on the Secure Pad platform has an exploit from an outside attacker or rogue team member. *Claims are limited to a percentage of the Reserve & Repay fund, at time of incident, and are paid out partially in vested $SEPA tokens + $ETH or other reserves held in the Insurance fund, collected from projects launched through the launchpad.


The team is comprised of 10 core members & Partners. I am the Founder, though it’s simply a title, and by no means, a single ownership role. I started in crypto in late 2017, investing primarily in Alts. Got crushed in the bear market, but turned that time into a learning experience, and time to study the market and the different protocols/projects out there. I made some connections in the space and learned the ins-&-outs of what goes on behind the crypto scenes, and what goes into actually building and maintaining a crypto project. I jumped into marketing small cap coins that I invested in myself, and did giveaways to try and grow awareness for the projects I was trying to promote. After awhile, some of the connections I’d made along the way, brought me in to help out as a marketing partner for other projects. I didn’t necessarily have a lot of reach, but I was a hard worker, and knew how to get projects trending on socials. Prior to crypto and currently, my background is in project management, and Real Estate Investment. Both of those backgrounds have helped to plan, prepare, negotiate, identify value, and build a proper team like the one we have in place for Secure Pad. We’ve gotten to where we are Today, after input, suggestions, ideas, and hard work from each of the members. I handpicked the team to fill different roles to get Secure Pad funded, developed, marketed, and get us to operating level of what our launchpad sets out to do. I made sure when structuring the Team token allocations as set out on the website/whitepaper-That there was an incentive to build long term. Not a single member of the team has access to any of their tokens until 6 months post launch date. From there, 10% of their allocation unlocks monthly from months 6-15. I felt this gave us all an incentive to build a superior product. @BigDawgCrypto holds the role of Team Lead. He and I have both been in the space since 2017, and have built up a relationship of trust. I knew I would need a right-hand man for the project, and trust is most important. Big Dawg’s been involved on different levels of multiple projects, and has a lot of experience in marketing, relationships with other project founders, and communication with CEX’s for future listings. I needed developers I could trust as well. @Hilobrain is our Lead Dev, while Sherlock is our Front End Engineer. Hilo is an experienced Solidity developer that has built a prediction market, staking, and other products for projects of their own and others. Sherlock is responsible for web design, UI, whitepaper design, and future UI for the launchpad being built. 3 of the members fill Marketing Roles, and sole purpose is just to be up to speed in Real-Time on project updates/milestones, to make sure we get it out to the community in the proper way. On the website, you’ll see Pandah & Shaman, along with InfinityGainz as Marketing Partners. When picking the team, I approached both TGH & IG with the vision for our project, and they have been in the core team channels to see progress every step of the way. The Advisory roles: JR, Jay Hay, & Dan J., are all here to give input on vision for the platform, connect us with the best minds in crypto to enhance and expand our systems. They also know where other projects have failed, and have offered useful direction on how to put Secure Pad on a better path to success. The team is currently expanding as we develop the launchpad, and adding members where needed to expedite so that we can begin bringing IDO’s to market.



So what made you actually create Securepad? Was there a certain event which led you to that decision?


The team is comprised of 10 core members & Partners. I am the Founder, though it’s simply a title, and by no means, a single ownership role. I started in crypto in late 2017, investing primarily in Alts. Got crushed in the bear market, but turned that time into a learning experience, and time to study the market and the different protocols/projects out there. I made some connections in the space and learned the ins-&-outs of what goes on behind the crypto scenes, and what goes into actually building and maintaining a crypto project. I jumped into marketing small cap coins that I invested in myself, and did giveaways to try and grow awareness for the projects I was trying to promote. After awhile, some of the connections I’d made along the way, brought me in to help out as a marketing partner for other projects. I didn’t necessarily have a lot of reach, but I was a hard worker, and knew how to get projects trending on socials. Prior to crypto and currently, my background is in project management, and Real Estate Investment. Both of those backgrounds have helped to plan, prepare, negotiate, identify value, and build a proper team like the one we have in place for Secure Pad. We’ve gotten to where we are Today, after input, suggestions, ideas, and hard work from each of the members.


I handpicked the team to fill different roles to get Secure Pad funded, developed, marketed, and get us to operating level of what our launchpad sets out to do. I made sure when structuring the Team token allocations as set out on the website/whitepaper-That there was an incentive to build long term. Not a single member of the team has access to any of their tokens until 6 months post launch date. From there, 10% of their allocation unlocks monthly from months 6-15. I felt this gave us all an incentive to build a superior product. @BigDawgCrypto holds the role of Team Lead. He and I have both been in the space since 2017, and have built up a relationship of trust. I knew I would need a right-hand man for the project, and trust is most important. Big Dawg’s been involved on different levels of multiple projects, and has a lot of experience in marketing, relationships with other project founders, and communication with CEX’s for future listings. I needed developers I could trust as well. @Hilobrain is our Lead Dev, while Sherlock is our Front End Engineer. Hilo is an experienced Solidity developer that has built a prediction market, staking, and other products for projects of their own and others. Sherlock is responsible for web design, UI, whitepaper design, and future UI for the launchpad being built. 3 of the members fill Marketing Roles, and sole purpose is just to be up to speed in Real-Time on project updates/milestones, to make sure we get it out to the community in the proper way. On the website, you’ll see Pandah & Shaman, along with InfinityGainz as Marketing Partners. When picking the team, I approached both TGH & IG with the vision for our project, and they have been in the core team channels to see progress every step of the way. The Advisory roles: JR, Jay Hay, & Dan J., are all here to give input on vision for the platform, connect us with the best minds in crypto to enhance and expand our systems. They also know where other projects have failed, and have offered useful direction on how to put Secure Pad on a better path to success. The team is currently expanding as we develop the launchpad, and adding members where needed to expedite so that we can begin bringing IDO’s to market.



Guys i commend the extensive feedback, now let's speak about the listing of SEPA and the first few days. I assume it was quite eventful and exciting for the team. Did you expect such a rapid price growth & so much interest in the project?


Overwhelming to be honest. A lot of hard work and coordinating with development team, marketing team, keeping the community up to date, and reacting to issues as the arise over the last few months, but especially this last month. As a team-we don’t want to speculate on price at any given time. Price of any project prior to finished product (in this case-Launchpad going live) is always going to be speculative, and based on investor belief in future success of Secure Pad and the team to deliver. Though, from an investor/trader perspective-It’s hard ignore that we did have such rapid success on launch, and maintained the levels above early pre-sale round and list price still a week later. I believe the limits on individual contributions during pre-sale rounds, tax function that raises price floor, and locking about $800k worth of liquidity with Unicrypt prior to launch helped. To put things in perspective, all Pre-sale/Public Sale funding rounds got in at levels of roughly $4-$5.50. Uniswap list price was about $6. Some will no doubt look to the ATH and current price, and claim the sky is falling, but unless you jumped in near the top on basis of FOMO looking for extremely short term gains, or are over exposed, your upside has been/is still huge.



So you have a certain tax feature on the SEPA token, please give us a brief explanation of that and the distribution formula behind it.


Sure. The tax function is a 4% tax that is only incurred on Uniswap sells(because of routing, it also occurs during the transaction of adding liquidity to the Uniswap LP pool). The 3% of the tax is sent to the token contract. When the amount of $SEPA in the wallet reaches 100 $SEPA tokens, half is sold for $ETH, and then the other half of $SEPA tokens remaining are paired with that $ETH, and added to Uniswap liquidity, and can’t be recovered/withdrawn. You can see the balance of the Uniswap LP tokens added by tax function here SEPA_Token | 0x10994aa2fb8e6ba5d9fb2bc127ff228c4fe6167f (https://etherscan.io/address/0x10994aa2fb8e6ba5d9fb2bc127ff228c4fe6167f)

The 1% part of the tax is sent to the Insurance Fund. To date, there is over 3,200 $SEPA sitting in the Insurance Fund after 1 week of trading. That amounts to almost 1% of total supply, and about 3% of circulating supply right now. You can see the balance of the insurance Fund here SEPA_ReserveRepay | 0x290926184e8d9fd057f32f7fa36e5d2cd990a6ac (https://etherscan.io/address/0x290926184e8d9fd057f32f7fa36e5d2cd990a6ac)


The tax can & will be shut down when the launchpad goes live and is generating its revenue for the insurance fund and bringing buy pressure to the token though Staking for IDO allocations.


So how much did this feature forever lock in liquidity until now & how much into the insurance fund?


There’s currently over 3,200 $SEPA in the Insurance fund which is where 1% of the tax goes. The Uniswap LP add-back function is 3%, so if we multiply the 3,200 by 3, we arrive at roughly 9,600 $SEPA collected, half sold(roughly 4,800 $SEPA) for $ETH/half paired with the $ETH to lock back into liquidity. I would say we’re somewhere around 8,000 $SEPA total here, plus the $ETH locked back into the pool. Price floor continues to rise with every sell.



You've just published your article on the first payout for liquidity providers. Could you give us a TLDR on it and how much can they actually expect?


Actually, the medium article was regarding IDO allocations and our Dynamic systems. The payout for Uniswap LP providers was a planned payout to the Top 20 Uniswap Liquidity Providers as laid out in the initial Whitepaper. The idea is/was to promote building liquidity to offset/minimize large selling or buying impacts. The payout is a total of 2,500 $SEPA tokens, distributed evenly amongst the Top 20 Uniswap LP providers. This amounts to 125 $SEPA tokens per wallet that was paid out yesterday. It amounted to roughly $132k total, or roughly $6,600 per wallet at the time. It was initially scheduled to run for the 1st 6 weeks, but we’ve decided to shorten it to 4 weeks, and use the remaining tokens for vested marketing tokens for future marketing partnerships. There are still 3 more weeks to participate in the Airdrop. Snapshots of Uniswap LP list is taken at 2 random times per day-not announced when, to prevent manipulation & people jumping in and out of pool. You must appear on 10 of 14 snapshots during the week, and both snapshots on the day of Token distribution. I believe our market cap is around $6M at the moment, and we have roughly $3M on Uniswap liquidity. I believe this is a contributing factor as well.


3 million in liquidity me and panda were astonished how thats more than a lot of the existing top projects!



Everyone is eager to get some more information on your tier system. Can you shed some light on it please?


We released the medium article yesterday breaking down our IDO allocation systems. You can find it here. https://medium.com/@securepadteam/secure-pad-launchpad-and-decentralized-incubation-8cb29f341803 Prior (https://medium.com/@securepadteam/secure-pad-launchpad-and-decentralized-incubation-8cb29f341803) to finalizing our model, there was much internal discussion, and it was decided that Tier systems can keep holders stuck at certain levels if they can’t afford to buy up to the next tier, which in turn, doesn’t bring buying pressure to the $SEPA token. Tiers with minimum amounts required to qualify also can lead to hindering the ability to participate in the IDO’s at all if $SEPA price rises to a level that prices them out. Our Dynamic system provides a way for all $SEPA holders to participate, and always gives them an incentive to add to their $SEPA stack to improve their position in the pools. Those that want to put their weight in the IDO allocation pool, will stake there, and receive an allocation amount to buy into IDO’s according to their pool weight. Others may see the IDO allocation pool as being too crowded, and use their weight in the farming pool to stake $SEPA token and be rewarded in the native token of the projects being launched, with 90 day emissions period, accrued rewards claimable at any time. And for those that want to jump in and try to snipe the listing of the projects launched through Secure Pad, they can come back and immediately stake those tokens, in the farming contract to receive rewards paid out in that project token. This essentially gives every project launched through Secure Pad Launchpad staking from the start.



Now what's actually coming next for SEPA? Can we expect sales in the short term? Will there be kyc requirements for participants & do you plan on collaborating with other launchpads for sales?


Next for $SEPA is continuing to build out the Launchpad platform. On the roadmap located on the website, you can see platform development & completion scheduled for Q2. We have every intention of meeting that deadline, and no reason to believe otherwise. We feel deadlines shouldn’t be moving targets-but should be planned for and achieved to keep investor confidence. 1st IDO’s to be launched in Q2 of this year, and we’ll coincide the launch of the platform with our first IDO. Those that have read the medium article regarding IDO allocations released a short time ago, will be able to begin staking at a time before Launchpad platform going live that will coincide with 1st IDO launch, and allow them to meet all minimum requirements laid out in the medium article. Secure Pad does not require KYC itself, but any projects launched on the Secure Pad Platform is responsible for deciding whether or not they will require it. You’ll have 3 options to participate in the IDO’s-all require staking, 2 of them do not require KYC.


The staking has more impact than simply giving you access to IDO’s-but all of the tokens staking are essentially out of circulation until unstaked. (High demand+Low Supply=Price Inflation)


1. You can stake in the IDO staking contract to receive your allocation to buy into the IDO, based on your pool weight.


2. You can stake $SEPA in the farming contract to earn rewards in the $PROJECT token being launched on the platform.


3. You can buy into the $PROJECT on listing, and stake those $PROJECT tokens to earn more $PROJECT tokens.


This also immediately gives projects launched on Secure Pad a staking mechanism-hence, locking up their own supply causing scarcity.


-There are 3 options to stake and earn tokens of the project launched...tokens can only be staked in one of those contracts at a time. This gives you more options and to put your weight where you think it will benefit you most.


One of our Advisors is working to secure a combined launch with another launchpad project for 1 or more of our 1st IDO’s. A lot of planning and development on multi-fronts at the moment. All with guaranteed success, and bulletproof execution being the focus. The team that is here was picked with experience & reach in the space in mind. Collabs are a certainty. And we can’t wait to share details when ready 😉



You are very grounded and you know the struggle, so I'm pretty sure you will do your best to bring a solid project and make sure it all goes well!


For more information on securepad use the link below.


Website: https://securepad.io/

Twitter: https://twitter.com/Secure_pad

Telegram: https://t.me/SecurePad



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