What is Xpad?
Decentralized funding has blown up in a huge way during this last market cycle. More decentralized funding platforms are being created than ever before but with increased intrest in this part of the DeFi ecosystem, some core problems are coming to the foreground:
Chain Dependance
Many of these platforms are incredibly chain dependant. But one thing we've seen over the last few months is the emergence of more and more chains fighting for market share. The inability of these platforms to adapt to and establish a presence on these platforms is slowing down their possible growth.
Unprofitable Allocations
Some of the allocation mechanisms in place result in investors feeling slighted. Investing large amounts of money to access these projects to be given allocations so small often leaves a bad taste in the mouth of investors.
Investor Fatigue
Launching numerous projects in the space of one week often correlates with a large drop in the quality of the therefore mentioned projects. Investors end up having to invest out of fomo as the average retail investor doesn't have the time to research numerous projects in one week. Taking advantage of your investors in that way doesn't seem like the right way to do business.
What is XPAD?
XPAD was created in response to the above problems. We've done extensive research on the decentralized funding platforms before us and intend to create a new platform that improves on these 3 core tenants. We aim to both empower our investors while giving projects the peace of mind to know we've got their backs no matter what. We're all part of the larger system here.
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