Pulse Token Event Sold Out

NearPad
1 min readOct 9, 2021

The Token Distribution event for the fair launch of decentralised, prediction marketplace, Pulse, has now ended. $1,250,000 USD was raised during the 24-hours long event across two pools — a $PAD staking pool and a whitelisted, community pool. 259 unique addresses enrolled for the staking pool while 750 addresses were randomly chosen from the public lottery event.

While the event was hitch-free, we’ve noted a few processes that could be improved upon, one of which is the gas-fee paying operations which could be alleviated by substituting wallet signatures in some places. However, the good news is our test deployment on Aurora is going quite well. We’re strongly considering the possibility of launching the next IDO on Aurora rather than Ethereum given the preliminary test results. With Aurora’s block explorer going live in a matter of days and metamask integration ongoing, we’re optimistic about deploying on Aurora in time for our second IDO.

What’s Next

Pulse token claims will go live on the 11th by 1700 hours UTC. The Pulse team will be announcing the liquidity pools in the coming days and the mechanism for the compensatory airdrop.

For Nearpad development, keep an eye out for next week.

Website: https://nearpad.io/

Twitter: https://twitter.com/NearPad

Telegram: https://t.me/nearpad

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