What is Ergopad?

Symbol: ERGOPAD

Short answer

Ergopad (ERGOPAD) is a cryptocurrency. It is classified as Launchpad.

Source: isthiscoinascam.com

Overview

Ergopad is a token launch and fundraising platform on the Ergo blockchain. It is described as supporting token IDO participation for people holding Ergopad. The platform also offers a staking component and a dashboard that displays a portfolio for assets held on the Ergo blockchain.

Ergopad’s governance token has a maximum supply of 400 million tokens. The description allocates 80% of supply to staking participants, 10% to seed rounds, 1% to an IDO on Ergodex, and 6% to the DAO treasury. Staking rewards are stated to be distributed over the next three years, at 293k Ergopads per day. It also reports that its IDO is conducted on Ergodex, with trading pairs Ergopad/Erg and Ergopad/sigUSD.

Headquarters: Treviolo, Italy

Scam-risk analysis

Ergopad has a low score, indicating elevated scam risk based on the available data. Is Ergopad a scam?

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