Proposal Details
OpenPad is a capital-efficient and democratic Web3 Launchpad & Investment DAO, operating as a community-run VC and lowering the investment barriers to only $1 while enabling Web3 startups to have fair and worldwide fundraising. OpenPad unlocks the sealed doors of Web3 investment, allowing everyone to invest in either early-stage or high-barrier Web3 assets with a community-operated treasury.
The Manifesto
Web3 investment space today is Web2-operated competitive crypto investment with high-entry capital expectation, inefficient capital investing models, and no guaranteed allocations without token utility, insurance reserves, Web3-native financial instruments and public good education. At OpenPad, we developed a community-run treasury investment model backed by a basket of crypto assets, lowering the investment barriers to $1 with a 100x more efficient capital allocation model for retail investors, allowing everyone to invest with 100% guaranteed allocation. Moreover, we designed multiple Web3-native financial instruments and mechanism designs, including insurance reserves, $OPN dividend and renting models, self-sustainable interest pools and community-operated treasuries for fair and efficient Web3 investment collectively.
Manifesto & Philosophy Behind OpenPad: https://docs.openpad.app/whitepaper/manifesto
Competitive Advantage
1) Low-Entry Capital Expectation ($1)
2) 100x More Efficient Capital Investing Model
3) 100% Guaranteed Allocation for Token Holders
4) 10+ Token Use Case and Utility
5) Multiple Financial Instruments
6) Insurance Funds and KYB for Investor Protection
7) 5 Revenue Streams for Investors
8) 15+ Monthly Web3 Investment Articles
Team
OpenPad's founding team consists of entrepreneurs, blockchain strategists, data and AI scientists, blockchain engineers, software developers, business managers, visual artists, crypto marketers and lawyers. Moreover, four co-founders were previously involved in 6 successful Web3 projects before OpenPad in sum.
Product Overview
Web3 Launchpad/VC
A community-run early-stage token sale platform and decentralized Venture Capital.
Investment DAO
A community-operated treasury for collective and pooled Web3 investments.
Interest Pools/Staking
A self-sustaining dynamic interest pool for $OPN stakers.
Dividend Yields Model
A seasonal fund allocated to Citizens NFT holders.
Insurance Funds Model
An insurance reserve for investor protection.
NFT Renting Model
An NFT-focused rental feature for distributing allocation access to Web3 investments.
Socials
OpenPad social media pages have been growing more than +5000% every month with 6000+ Twitter members, 1000+ YouTube, 4000+ Medium, 1000+ Substack and 4000+ Linkedin followers up to date.
OpenPad is also seen in one of Turkey's biggest finance & economics media journals (Bullekon) and the biggest blockchain organization (BCTR).
Moreover, OpenPad founders are participating in Web3 and Blockchain conferences monthly, introducing Web3 Initial Offerings, decentralized VCs, InvestmentDAOs, Tokenomics and more.
Finally, +70.000 investors successfully registered early reservations (whitelisting) for OpenPad NFT collection, namely Citizens NFT.
1) Website: https://www.openpad.app/
2) Docs: https://docs.openpad.app/
3) Investor Deck: https://drive.google.com/file/d/1ME6eYGJcWJSh1odVpusnHxRO5hRMaA3c/view?usp=sharing
4) Twitter: https://twitter.com/OpenPadCitizens
5) Blogs: https://blogs.openpad.app/
6) Web3 Newsletter: https://openpad.substack.com/
7) Official Links: https://linktr.ee/openpad
8) OpenPad Intro: https://openpad.substack.com/p/what-is-openpad-openpad?s=w
Tokenomics
Quick Overview
https://docs.google.com/spreadsheets/d/1a21JDZc5VuN4FeyuawvZKlTGGE3ChzdwHildALl6wHM/edit?usp=sharing
Token Metrics:
1) Total supply: 100,000,000 (100M) 2) Symbol: $OPN 3) Initial Market Cap: $400,000 4) Initial Circulating Supply: 4,000,000 5) Fully Diluted Valuation: $10,000,000 6) $OPN Utility: 6.a) Access & Leverage: Guaranteed Allocation in IDOs and high-barrier Web3 investments 6.b) Unification of Spend: Trading OpenPad goods and services 6.c) Incentivization: Staking & Farming 6.d) Governance: DAO 6.e) Insurance: Insurance Funds
Token Allocation
Seed Sale - 3% - 3,000,000 $OPN at $0,04 6-months cliff then linear over 12 months
Private Sale - 4% - 4,000,000 $OPN at $0,06 3-month cliff then linear over 12 months
Public Sale - 6% - 6,000,000 $OPN at $0,1 3-month cliff then linear over 12 months
Team 10% 6-months cliff with 48-month linear vesting
Advisory 5% 3-months cliff with 24-month linear vesting
Airdrop 1% 100% release at TGE
Development & Operations 10% 3-months cliff with 16-month linear vesting
Staking 13% 1-month cliff with 26-month linear vesting
Liquidity 3% 100% release at TGE
Treasury 45% 12 months cliff with 12-month linear vesting