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Red Kite

A cutting-edge launchpad and DeFi platform. Hold $PKF to access hand-picked projects’ token sales and other distinctive features.

Powerful Partnership Announcement: Red Kite x OpenPad

3 min readApr 11, 2024

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We’re thrilled to unveil a dynamic partnership with OpenPad, a trailblazing decentralized investment platform for Web3. This collaboration marks a significant step forward, bolstering our commitment to providing strategic investment avenues, liquidity support, and fostering community engagement.

OpenPad is a decentralized investment platform designed for Web3 protocols, offering a complete package for capital infusion, liquidity support, and community involvement. Leveraging advanced AI algorithms, OpenPad’s investor hub delivers personalized investment recommendations to users, drawing on their previous investment activities.

OpenPad Highlight

OpenPad boasts a range of key features that make it a standout decentralized investment platform. At its core lies an AI Launchpad, equipped with Account Abstraction and a Fair Lottery System, ensuring a level playing field for all participants. Its Investor Portal offers comprehensive tools such as Wallet Management, an IDOs/IEOs calendar, and Market Tracking, empowering users with essential insights for informed decision-making. One of its standout features is the provision of Personalized AI recommendations, tailoring investment suggestions based on users’ unique investment histories. Moreover, OpenPad leverages on-chain analytics to target advertisement revenue, enabling precise profiling of investors and enhancing marketing strategies. With its Permissionless Fixed Swap Pool, OpenPad fosters a dynamic and inclusive investment environment, welcoming participants of all backgrounds and experiences.

OpenPad Overview

🚀 Traction:

  • Capital Raised: $2.4M
  • Average ROI: x12
  • All-Time High ROI: x25
  • Cumulative Assets: $60M
  • Active Users (KYC-ed Members): 11,400+
  • Partnership with 300+ KOLs in APAC Region
  • 30+ Projects in Pipeline

🏅 Project Advisors:

  • Jason Lim (Gaming Lead @Tezos, Ex @ImmutableX)
  • Larry Shi (Managing Partner @Basics Capital)
  • Ricardo Osorio (CIO at @Protein Capital)

✅ Investors: Basics Capital, Protein Capital, Techfarm Holding, Hero Arena, Cobra

⚡️ Partners: Manta Network, Sui Network, zkSync, Tezos, Space ID, Kommunitas, Finceptor, Red Kite, Decubate, Project Hive, HUMANS, Plena Finance, Magic Square, Kairon Labs, GotBit, Anichess, Mempool Ventures, Cyber Connect, MT Capital, Geekcartel, Salus

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🔼 Listing Plan:

  • IDO: Redkite (confirmed)
  • CEXs: Gate (confirmed), Bybit (in-talks)
  • MMs: GSR/CLS (in-talks)
  • TGE: May 2024

🚀 Token Information:

  • Ticker: $OPAD
  • Token Type: BEP-20
  • Token Supply: 200,000,000
  • Project Valuation (at Public Price): $16,000,000
  • Initial Token Circulation: 6,500,000
  • Initial Market Cap: $360,000

OpenPad Roadmap

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OpenPad Token Utility

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OpenPad Tokenomics

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What OpenPad Offers?

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This partnership heralds an exciting era of collaboration, innovation, and growth. We look forward to the synergies it will bring and the opportunities it will unlock for our respective communities.

Connect with Openpad

Connect with Red Kite

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Written by Rin

Community Manager | Ambassador | Content Creator

Published in Red Kite

A cutting-edge launchpad and DeFi platform. Hold $PKF to access hand-picked projects’ token sales and other distinctive features.