Announcing our IDO with TrustPad
In addition to our recently announced IDO with Poolz, we have selected our second launchpad platform, as none other then TrustPad. Built by a stellar team with a reputation for quality, Netvrk is proud to announce our launch on TrustPad. The innovative multi-chain launchpad is known as the “safest multi-chain IDO platform.”
The newly christened IDO platform is backed by some of the biggest names in the crypto VC world, including Momentum 6, GD 10, X21 Digital, and BlockSync, many of which are also investors in Netvrk.
TrustPad’s native token is $TPAD, which is used to get priority access to token sales pools. The token is also deflationary and interest bearing. Read more about TrustPad’s tokenomics here. Tier levels for IDO participation are below.
IDO Details and Whitelisting
We will include more details about the whitelisting process, listing and timetable as the IDO launch date approaches. Updates will be made available via our and TrustPad’s Telegram community and announcement channel. Please keep in mind that this article will be updated as the IDO date approaches.
Whitelisting now open! https://trustpad.io/whitelist/netvrk
Three Ways To Participate in The IDO
✅1. Guaranteed Allocation: Stake 10,000 $TPAD or more and you will be entitled to a guaranteed allocation. Check the Levels details for more info.
✅ 2. Lottery: Stake 2,000 or more $TPAD and you will be entered into the $TPAD lottery to win an allocation in the Netvrk IDO.
✅ 3. Public Whitelist Competition: Complete the steps in the whitelist competition (https://trustpad.io/whitelist/netvrk) to enter Netvrk Public Sale round. We are giving away 100 spots (randomly chosen) to anyone who isn’t staking $TPAD.
Whitelist Starts: May 14, 2021, 12:00 UTC
Whitelist Closes: May 20, 2021, 12:00 UTC
FAQ — Frequently Asked Questions
Q: How can I get a guaranteed allocation in the Netvrk IDO?
You have to stake at least 10,000 $TPAD to be able to be entitled a guaranteed allocation in the netVRk IDO.
Q: Do I have to get whitelisted to enter the IDO?
Q: Where do I need to stake my tokens?
You will have to stake your $TPAD tokens on our platform. Staking Pool for IDO participation is not open yet. Stay tuned.
Q: Do I have to stake for X days to enter Netvrk IDO?
Staking Periods will not be taken in consideration for the first IDO (netVRk). So you can for example stake the day before and still be eligible.
Q: Where can I find information about the Levels/Tiers?
👉 $TPAD Levels System
(https://miro.medium.com/max/2247/1*atNyrJ2FQxbddgNYJj5jVw.png)Q: What is the total raise of Netvrk IDO on TrustPad?
$100K. $90K allocated for Levels/Tiers staking. $10K for whitelist participants.
Jamie, Chief Marketing Officer of TrustPad:
We are absolutely thrilled to be conducting NetVRk’s IDO on our platform. NetVRk stood out as the perfect project to work with. Their quality focused approach and innovative vision directly aligned with our long term objective of encouraging blockchain mass adoption.
NetVRk have taken the technology of virtual reality and built a groundbreaking platform that utilises the blockchain in advanced and revolutionary ways. NetVRk’s ability to cater to both casual users, leisure gamers and the corporate world gives the platform a unique edge and paves the way for them to become one of the most innovative and imaginative applications in the blockchain space.
Daniel Kennedy, Chief Marketing Officer of Netvrk:
TrustPad is doing amazing things in the launchpad space. The focus on quality being a major pillar, and the platform being built by a team that is known for quality work, makes working with TrustPad a winning endeavor. They share many of the same values as us, which makes them a perfect partner for our upcoming IDO launch.
Amongst the many launchpads, TrustPad is different. A ‘quality not quantity’ approach has been sought by the team to ensure that projects launched through TrustPad have long term, real value. This will provide the TrustPad community with sustainable development, which attracts a larger community of both $TPAD and the projects launched on the platform.
NetVRk is a social virtual world and platform, with powerful creation tools and infrastructure to easily create, share, experience, and monetize creations. With a focus on gaming, education and virtual workplaces, built around ownership of virtual land and assets.