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 operating on the Ergo blockchain, enabling participants to engage in Initial DEX Offerings (IDOs) for Ergo tokens. The platform provides various services to support grassroots projects, including funding, marketing, and blockchain development. Ergopad features a staking platform and a dashboard for portfolio management of assets on the Ergo blockchain.
The maximum supply of the Ergopad governance token is set at 400 million tokens. Of this supply, 80% is allocated for staking participants, 10% for seed round investors, 1% for IDO on Ergodex, and 6% for the decentralized autonomous organization (DAO) treasury. Over the next three years, 293,000 Ergopads will be distributed daily as staking rewards. Ergopad can be traded on Ergodex, offering pairs such as 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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