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BSCPad and TRON Partner for TronPad, TRON’s First IDO Launchpad

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by Oluwapelumi Adejumo · 3 min read
BSCPad and TRON Partner for TronPad, TRON’s First IDO Launchpad
Photo: Depositphotos

This collaboration will lead to the building of the first-ever native IDO platform on TRON.

The Crypto community will be welcoming a new initiative soon, as the largest BSC network-based IDO platform, BSCPad, and one of the largest and most popular blockchain protocols, TRON, have announced a possible collaboration that will give birth to TRONPAD – an IDO native launchpad developed on TRON.

BSCPad, by its leveled structure, has been able to achieve decentralized launches. The launches empower crypto projects by assisting in the distribution of tokens and raising liquidity. It is all-inclusive of its token holders. It’s, however, not relenting in evolving by improving launchpad mechanics and rewarding all token holders.

The pattern of the upcoming TRONPAD will be designed just as BSCPad, assembling features such as fair mechanics, which gives every trader the privilege to invest in the forthcoming project.

Justin Sun, Founder of TRON and CEO of BitTorrent, was upbeat on this development and described the BSCPad team as a very knowledgeable team. In his words “the BSCPad team is very strong and knowledgeable, they consist of some of the top players in the space. We are looking forward to taking this collaboration to new heights.”

According to him, this new partnership would lead to the further adoption of the crypto ecosystem. “As the hyper-adoption of crypto continues to explode, TRONPAD will serve as a fair IDO platform for projects launching on the TRON blockchain,” he added.

BSCPad co-founder Godzilla, while commenting, expressed pleasure as the collaboration will lead to the building of the first-ever native IDO platform on TRON. He noted that the better platform provided to users enables their holdings and unwaning support for its project.

“We are very happy to be collaborating with the TRON team to build the first-ever native IDO platform on one of the largest blockchain networks.” “We believe that providing users with a predictable and provably fair system gives users the proper incentives to accumulate and hold tokens and support each and every project launched,” Gonzilla said.

Subsequent to the launching of BSCpad in March, 2021 has brought impressive user growth to Binance Smart Chain. Its unique wallet and daily transactional activities have increased significantly by over 5,000,000. This would inadvertently lead to a surge in the number of TRON users over time.

Per the announcement, BSCPad is hailed as “the next evolution of blockchain launchpads solving the fundamental flaws that plague existing IDO platforms. This platform benefits all holders of the token and allows for fair launches giving traders of all sizes the opportunity to invest in the best upcoming Binance Smart Chain projects.”

Altcoin News, Blockchain News, Cryptocurrency news, News
Oluwapelumi Adejumo

Oluwapelumi is a believer in the transformative power Bitcoin and Blockchain industry holds. He is interested in sharing knowledge and ideas. When he is not writing, he is looking to meet new people and trying out new things.

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