Introduction & Overview
What is CGPT Pad?
The ChainGPT Pad is a Launchpad and IDO platform for Web3 projects that are looking to bring their ideas into the public domain and bootstrap their token ecosystems.
How does it work?
As a launchpad, ChainGPT Pad services two sides of the market: the "consumers {participants}" and the "producers {projects}.
Projects apply to the ChainGPT Pad by going through a rigorous qualitative analysis process conducted by the ChainGPT team. Depending on these projects' level of sophistication and ability to satisfy a diverse range of assessment criteria (such as product-market fit, concept viability, team aptitude, and so on), their inclusion will be deduced.
If a project does not meet the threshold, it will not be allowed to list on ChainGPT Pad.
Induction into the launchpad has two paths, either through a direct listing or through the incubation/acceleration program.
Projects are not required to be part of the incubator/accelerator program. The IDO platform is open to any projects that satisfy the qualitative evaluations.
Projects that follow the incubation/acceleration process, where the teams are guided by the ChainGPT Mentorship program, followed by a coming-to-market via IDO, will receive a multitude of benefits, including co-marketing and community cross-pollination.
Incubation can range anywhere from 6-8 months and includes a preparation stage, a launching stage, and a post-launch support stage. During preparation, the mentor group organizes the internal process, optimizes product systems, and helps projects evaluate their roadmaps/action plans. During the launch (whenever the IDO is being held), they help with promotions and social coordination. Post-launch, ChainGPT provides advisory support to help project course-correct and deal with the nuances that come with having products live on the market.
Acceleration is a condensed version of the incubation that is executed within 3–4 months. This option is best suited for well-developed teams that need a very specific, limited scope of support.
How does the IDO work?
Whenever projects are ready to list on the platform and launch their token ecosystems, ChainGPT will help them prepare a campaign and connect them to the $CGPT community. After the specifications have been finalized, token supply, market rate, sale duration, etc. the project will be listed with a countdown to open.
Every IDO listing consists of 2 Rounds:
- Round #1 (Guaranteed Allocation)
Top staking tier groups — Silver, Gold, Diamond Tier, and some Bronze members (ruffle for Bronze). All users must register interest to participate in the Guaranteed Round.
- Round #2 (FCFS)
First Come First Serve — All Tier Members need to have registered interest so they can participate in the FCFS round.
In the event that a project meets its maximum IDO capacity at any point, the IDO shall immediately cease and future round will not be engaged.
What role does $CGPT play?
$CGPT acts as the tool to facilitate community involvement in the bootstrapping of projects, an extra layer of a reward system for incentivizing membership. Providing alpha access to IDO participation, Airdrops, and more, $CGPT community members that stake the threshold amounts of $CGPT tokens become able to obtain exclusive benefits that startup projects provide to their earliest contributors.
How to Participate:
In order to participate in the IDOs hosted on ChainGPT Pad, users are required to satisfy two simple criteria:
1) Complete KYC with our partners, Blockpass: KYC Here. 2) Stake $CGPT to accumulate enough points and attain a tier status: Stake Here.
Restricted countries
Persons from the United States and Canada cannot participate in any IDO due to the lack of clear regulations in the crypto space.
Countries restricted or sanctioned include: Afghanistan, Algeria, American Samoa, The Bahamas, Bangladesh, Bolivia, Botswana, Central African Republic, China, Cuba, Democratic People’s Republic of Korea (North Korea), Egypt, Ethiopia, Ghana, Guam, Iran, Iraq, Libya, Morocco, Nepal, Nigeria, Pakistan, Panama, Puerto Rico, Samoa, Saudi Arabia, South Sudan, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, US Virgin Islands, Venezuela, and Yemen.
For users in other regions where regulations remain unclear, participation will be evaluated on a project-by-project basis.
NOTE: While IDO participation may be restricted, all other AI tools and services remain fully accessible to staked users.
KYC must be passed in order to participate.
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