Project Listing Criteria
At ModePad, we are committed to fostering innovation, transparency, and the success of projects within the blockchain ecosystem.
To ensure the integrity of our platform, we follow a thorough vetting process before listing projects on our Launchpad.
The following criteria are considered during the evaluation process:
Project Viability and Innovation:
We prioritize projects that bring innovative and viable solutions to the blockchain space, addressing real-world challenges or introducing novel concepts.
Whitepaper and Documentation:
A comprehensive and well-articulated whitepaper is essential. Projects must provide clear documentation detailing their goals, technology, tokenomics, and utility to facilitate a comprehensive understanding of their vision and execution plan.
Team Background and Expertise:
We assess the experience and expertise of the project team, seeking a skilled and experienced group with a proven track record in blockchain development or related fields.
Legal Compliance:
Projects must adhere to legal requirements, including KYC and AML procedures when necessary, ensuring compliance with local and international regulations.
Security Audits:
The security of smart contracts and overall project architecture is of paramount importance. Projects undergo rigorous security audits by reputable third-party firms to identify and address potential vulnerabilities.
Tokenomics:
We scrutinize the project's tokenomics, evaluating token distribution, vesting schedules, and utility to ensure a well-designed structure that aligns with the project's goals.
Community Engagement:
A strong and engaged community is a positive indicator. We assess the project's community size, social media presence, and engagement levels to gauge its potential for success.
Roadmap and Milestones:
A clear and achievable roadmap is crucial. Projects must provide a roadmap outlining development milestones, demonstrating a feasible plan for achieving their goals.
Use of Funds:
Transparency in fund utilization is a key consideration. Projects are expected to have a clear plan for the allocation and use of funds raised during the token sale.
Partnerships and Collaborations:
Existing partnerships with reputable entities in the blockchain industry enhance a project's credibility and may be considered positively during the evaluation.
Market Potential:
We evaluate the market potential of the project, considering factors such as target audience, competition, and potential for adoption within the blockchain ecosystem.
Prototype or Minimum Viable Product (MVP):
Projects with a working prototype or MVP showcase their commitment and capability to deliver, which can positively influence the evaluation process.
Governance and Community Involvement:
Projects embracing decentralized governance and involving the community in decision-making processes are viewed favourably.
It's important to note that meeting these criteria enhances a project's chances of being listed on ModePad, and our commitment is to provide a launchpad that supports projects in achieving their goals and building a strong and engaged community.
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