InfinityPad ($INFP) Presale Whitelisting Winner Announcement

InfinityPad
4 min readOct 18, 2021

Dear $INFP community, we would like to thank you again for all for your incessant support and trust. We have had incredible success in our oversubscribed private round, and have received overwhelming response for our presale.A big thank you to our strong $INFP community, over 54k members on Telegram and over 46k followers on Twitter!

On Oct 8th, we conducted $INFP private sale and successfully raised 200 BNB. After raising funds, we were featured in Yahoo Finance and several other media websites. We also received interest from some great projects who want to host their IDOs on our platform and from partners who want to collaborate with us. One of such partnerships we developed with a smart contract security audit firm, InterFi Network. You can read here more about that partnership.

About Presale:

We launched our presale campaign on 13th to gather interest from potential investors. We closed the whitelisting campaign earlier than planned on Oct 17th 11:59 PM due to massive response we received from the community.

In numbers:

  • Over 250k valid entries on Gleam
  • Over 11,500 potential investors, that’s higher than $INFP private sale participants
  • Over 12,000 BNB investment interest, that’s over $5.5m!
  • $INFP presale oversubscribed by 60 times

THANK YOU so much for your support, we are truly humbled!

Whitelist Winners:

It was VERY hard to select 350 investors out of 11.5k so our team had to spend hours going through the submitted entries, eliminating any bots or invalid entries.

Please find here the list of winners for $INFP Presale on Oct 18th 4 PM UTC.

Learning from our private sale, we have decided to whitelisting another 350 wallets as batch two. This means that the first 350 participants will have only 5 minutes to contribute and at 4:05 UTC, we’ll add the second batch.

Presale Details:

  • When: Oct 18, 4 PM UTC
  • Where: InfinityPad platform, link will be shared ONLY on InfinityPad’s official telegram channel
  • Supply: Up to 9,300,000 tokens
  • Price: $0.013 per token
  • $INFP Per BNB: 31000
  • Softcap: 150 BNB
  • Hardcap: 300 BNB (revised, see next section for details)
  • Network: Binance Smart Chain (BSC)
  • Vesting: 50% on launch and 25% monthly leaner release

Participation method:

4:00–4:05 PM UTC: Batch 1, 350 WL winners

4:05–4:10 PM UTC: Batch 2, 350 WL winners

4:10 PM UTC: Open to ONLY Gleam participants

After careful analysis, massive interest from our community and advice from our partners, we decided to increase hardcap for $INFP Presale from 200 BNB to 300 BNB. This was done by moving tokens from Public Sale to Presale. We strongly believe that the decision to increase will benefit $INFP because of below reasons:

  • Moving additional tokens from public sale to presale will help us reduce selling pressure upon launch as presale tokens are not unlocked 100% like public sale but it’s only 50% at launch.
  • Investors willing to participate in presale show their confidence in InfinityPad’s long term vision and are willing to vest their tokens. This boosts our confidence and helps us focus on product delivery and building our community.
  • This decision would lead to even lower initial marketcap at launch as lower tokens will be in supply at launch. Token supply at launch reduced from 31.2m to 27.2m. So, the new initial marketcap at launch would be $408k, not $468k!

We thank you again to our amazing $INFP community for their trust.

$INFP plays a crucial part in our ecosystem by being the utility and governance token that powers the InfinityPad platform and will also reward users of the platform in many ways as described in our whitepaper and in previous blog posts. You can check out more information about $INFP token here: InfinityPad Token Metrics.

We are very proud to share that our contracts are already audited with highest safety scores. Please have a detailed look here on the auditor’s website or directly here. The contract audits were done by InterFi Network, a renowned Canada-based company conducting smart contract audits and compliance.

About InfinityPad

InfinityPad is world’s first deflationary launchpad that is Chain-agnostic, Decentralized and Community-Owned. It is the next level launchpad to help raise capital across multiple blockchains on a single platform in a fully transparent and decentralized way by connecting projects and communities.

Highlights of $INFP

  • Powered by and built on rapidly growing ecosystem Binance Smart Chain.
  • Cross-chain fundraising pool, users can participate in tokens from different chains.
  • Guaranteed Time-Weighted Allocation.
  • Deflationary Mechanism: 1% per transaction and 2% per IDO
  • Tri-Pool Mechanism For a Stable, Structured, and Fair IDO.

Infinitypad ($INFP) official community

website: https://infinitypad.io/

Twitter: https://twitter.com/InfinityPad_io

Telegram Group: https://t.me/infinitypad

Telegram Channel: https://t.me/infinitypad_io

Contact: info@infinitypad.io

--

--

InfinityPad

InfinityPad is a next level launchpad to help raise capital across multiple blockchains on a single platform in a fully transparent and decentralized way