GemPad Evolution🎙

Recorded: Feb. 2, 2024 Duration: 1:23:19

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Oh and welcome to
Now we need your handle and your host and today we've got joining us I think Mortis on the uh,
uh, gempad
I can't. Are you there?
Hey glenn, how's it going? Good morning. Yeah. How are you doing?
I'm doing good
Awesome. Well before we jump into gempad, it's great to have you back. I think we had you on
About a year ago now in january's
Uh, if I recall correctly, but uh, maybe you can just tell us a bit about yourself and your uh background morty
Yeah, of course, yeah, I think it's been it's been a good few months anyway, but so first of all, my name's morty
I'm one of the co-founders of gempad. I've obviously been a co-founder. I've been there since the start
Uh, originally I had loads of different roles because we were a small team starting off. I had
I was doing marketing. I was doing calls with projects just a little bit of everything
Lately my main job has been actually testing for the evolution update as well as doing the gitbook for it
Because those kind of went hand in hand and then obviously i'm doing the amas
Gempad has been around for over two years now. The platform was live january 2022
And I was probably in crypto for maybe two or three years before that
Awesome, thanks for the introduction morty. Like you say yeah, I thought it was around two years since you lost the
Gempad. So, uh, did you have sort of a party celebration on the two years? It's uh time flies and
We actually didn't because um, that's when the platform went live but we kind of go with when the token went live which is in and
Not exactly sure what month it is, but I think it's in about two or three months time
Yeah, fair enough. Um, so anyone who's not familiar
It's a pretty household named gempad, but anyone who's not familiar with the launchpad
Maybe you can tell us a bit more about the gempad what's there for users for projects and how you sort of
Differentiate yourself from other launchpad and incubator platforms currently available in the crypto space
So we the main reason we actually started gempad was um, we were all investors ourselves
So there when we started there was about six of us
Uh, which was there was like four co-founders and then two more
We were all investors ourselves and we were using different launchpads
and to be honest, what actually was the
main like the
I suppose the straw that broke the camel's back that we decided to just go for it was
Our developer red had found a project that had was going to scam brought it to the attention of a launchpad
They ignored it and it ended up scamming and red was just like right we're making our own one. So
We wanted something that everyone can use
And that's one of the biggest things is that like not only safety obviously everyone wants to be safe as safe as possible
But we want to accommodate all sort of projects
And I feel like we did that with the previous generation of gempad
But this new update just it accommodates so much more and has so much more options, which i'll get into later
Awesome well, I was looking at the um launchpad as well and I know it's a staking button, but that's not live yet
Are you planning?
Um staking on the launchpad in the future
Yeah, like we so we had staking on the old generation but
You see we only changed only we only went live with the evolution update
Uh about two days ago and
Now I am not a developer
So I won't exactly tell you the technical things behind it
But red was saying that will take a few days for everything to become operational
It's just something to do with migrating to a server or something on both sides
Gotcha, um, so
For sort of projects owners that might be listening in
Maybe you can tell us how does the application process work?
The new projects want to launch on gempad and what criteria must be met for each tier
First of all the thing i'll say is uh gempad became pretty famous for having tiers
So our tiers were basically you when we first started off
We actually when a project came to us we decide what tier they were in based on what we kind of thought of them
Now that had a few flaws because it was fine when we started off
But it was always going to get more difficult because
Just the volume of projects that we we basically have at any given point
We have several hundred groups where now they're not all active
But there could be a lot of groups like we could get
10 15 project groups made in a day maybe more
And we have to go through all them and talk to them and we can't also be
Vetting every single one to the to the degree that we know which tier it's in
So what we actually decided to do
Is that your tier would be based on
What badges you have and we actually changed it from tiers to ranks. So we're actually calling them ranks now instead
And basically now I don't have the exact requirements for each rank, but it's basically along the lines of
gold will be either an audit or a kyc
And what used to be platinum is now emerald so emeralds are second
Rank if you it kind of goes common gold emerald diamond
And so common we almost don't count as a rank, but it's there and and then emerald you'd need probably both of them
We also have an audit plus badge and a kyc plus badge and a vetted badge
So I know for diamonds you'll need the vetted badge anyway
And i'm not entirely sure where the audit plus or kyc plus comes in at the moment
It's literally because it's after changing again with the evolution
uh only red really has decided what kind of ranks and all and as I said
Because we're still migrating a bit. We haven't actually got to use too much stuff
But we'll have all that up on the gitbook. I'm actually in the middle of writing the gitbook now
So i'm writing up tutorials for how to do basically anything on it
When it comes to if you're looking to launch in gempad, you don't actually need to talk to us
You can just go and set up your sale and go ahead with it
Whoever if you want stuff like uh certain badges and any advice and sometimes literally just to talk to us
To get like if gempad is right for you
You can contact the team. We'll stay up a group between our team and your team
And the listings team will do whatever they can to help you get listed
We can offer advice for marketing and stuff and even connect you for certain marketers
But at the end of the day, it's mostly up to the project on what they do
The main we obviously if we see something that's a scam or something along those lines, we will stop it
However, the we don't really vet every single project, but we do have a vetted badge
So what the vetted badge is
Is you will complete a form first you have to apply it to and then you will complete complete a form
And it's just ask stuff like your experience the rest of your team's experience how many on the team how much you're raising
Uh, if development is in-house or whatever the case may be
And then once that's done you do an interview with greg and they've gone on for an hour or two
Sometimes and bina is also there so greg's one of our team members and bina is another co-founder
So they'll both do the call with you
And they'll talk to you about any questions they might have or any kind of worries they have about the project
Then it's presented to the entire well, mainly the co-founders
But the entire jam pad team can have a say
And we'll basically decide if it passes vetting or not and there's a huge amount of requirements
Now it's not something like if you come along and say
We want to raise 100 bnb if we think
It's not good enough to raise 100 bnb, but it'll pass vetting if it if you put it down to 50 bnb
We'll just tell them and then they can change it. So there's no we can don't just reject you outright usually we we usually tell you
What's the reason you're going to fail and if you can kind of fix it?
Got you morty and can you elaborate on the incubator benefits providers to select projects?
What does the selection process involve and you've got like the alpha club? Um, what are the specific benefits compared to regular users?
We actually so basically i'll explain the alpha club first
So that'll kind of lead me into kind of any incubation questions
Um, so the alpha club is for our top holders. So once you hold over 180 000 gems
You can go and apply to join the alpha club
Uh to well to apply you basically have to dm a bot you can find it on our gift book
And if you ever have any issues with it, you're to dm me and i'll help you out now usually they're not
Sometimes the bot can be a bit easy, but it's for the most part i'd say nine times out of ten
It'll be grand, but if you do ever have any issues feel free to dm me
basically in the alpha club and
Not only is it a place where the team is a lot more active because our main chat is quite active
And the one person who well a few the lads are active in there, but you're mainly going to be talking to rainlands
So the rest of the team is a lot more active in alpha
And basically just because it's so the main chat is just so active that it's hard to properly talk in there and
The alpha club is just a lot more easier going now. There's still about 200 people in there
Basically, we also bring projects so our best projects will go on to the alpha tier and have an alpha only raise
so when I said that there's
A common gold pla- or sorry common gold emerald diamond
There is also alpha, but it's a standalone tier and it's completely different that actually also passes on other vetting
But it's a completely different type of vetting
And and it's actually done by me in red usually
However in the past few months, we actually haven't been accepting any alpha tier projects
Simply because we didn't think they were the market was good enough for them
And the thing about the alpha tier projects is we have to be sure because the last thing we want is to have
All the best projects not do well, and it just looks bad on us and our alphas will lose money
So it's just something we like to avoid
If a potential alpha project comes in we usually do an AMA and add them to the alpha tier chat
So they might be in there for a week or two. They might be in there till the project goes live
And basically in there they can talk to the alphas and like as in the project owners can talk to the alphas
And any questions they might have and if anything comes up like sometimes they see a red flag and it's great that the alphas can just
Message into the group with the project owner being like we see a red flag
And now that is something we actually started up again
So basically that leads me on to incubation now
The kind of exact way we're going to do things moving forward
I'm not entirely sure as I said, it's been a few months since we got an alpha tier project
So we may look at doing things deep differently, but usually what happens is and
The project if it's really good sometimes we'll ask about it being alpha tier and other times they'll ask us to be alpha tier
We will basically vet the project
so me and red will again fill out a form and
We'll basically decide if we think it's going to be good or not
And if they're raising too much or too little or whatever, but they're nearly i'm always not raising too little
But once they do that, then if it passes or if it doesn't pass or everything
We obviously tell them no if it does pass we send them into the alpha chat
And basically we used to have a vote so in a kind of doubt sense that
The alphas would get to vote whether or not it was worded to be alpha tier
And that meant that they kind of have to have a majority
Now we're just changing it to be
If whoever wants to invest can invest and if there's enough to fill the hard cap then that's good enough
it doesn't matter about
About majority or anything like that just because obviously there's there could be
10 people that will want to fill the entire hard cap
So if they want to we're more than happy to accommodate that
But basically when it comes to kind of incubation we take them
I suppose it's more it's the same as with most projects. We do have groups with them
But it would be a lot more involved and we usually we used to do marketing. We've tried it a few times with
varying degrees of success, but
To be honest, we found it like it wasn't
Not not worth it is the wrong way to say it, but we just
Didn't have the time because to do it. We basically had to take someone away
From the listings team or something long ago
Bina was the last one to do it and she just couldn't help with listings. We found it wasn't really great
So usually if they're looking for marketing help, we can of course suggest some people
But usually we like to connect them to like a full blown full blown marketing agency and just let them handle it
Got you morty and
Can project owners without a technical background easily navigate the process of setting up their presale or special sale on gempad?
Support does gempad offer in this regard
Yeah, so the first first of all, you don't need really any coding you could set up because like i'm not a developer as I said
but i've been testing it throughout the
Throughout the past month or two and you don't need any coding like you can literally
start at zero and end up with
Your token a sale a buyback system
Staking pool, whatever you need. You can end up with all that without doing a single line of code
So it's pretty handy that way and i'll actually expand a bit more in on that
I have I can't show you the slides, but I have some a slideshow and i'll talk you through it
Just all about the evolution update
Okay, great, uh, did you want to talk us through it did you say yeah
Yeah, do you want me to start now and or do you have more questions before we get started?
No, we can jump to that a bit later on I was wondering how that sort of evolves
You've got my alarms function and that integrates with users devices
Are there any privacy concerns users should be aware of with my alarms and how does it sort of work for investors?
Uh, no, I don't think there'd be any kind of privacy worries about that. We actually changed the my alarm system
So it's now gone to more platform-wide notifications
So basically the way it works is you will get push notifications
But you'll also when you're if you invest in a sale or if you favorite a sale
so the favorite a sale you
Excuse me, you click on the heart button
Once you do that, then you'll get all updates for it
So when it starts when it finalizes if the refund every vesting cycle you get an notification about it
You'll also get a notification if you
Um, say if you're creating a sale and you have to leave for whatever reason you get a notification
That's something along the lines of you forgot to do complete your sale. Would you like to continue it?
You can click on that notification and i'll bring you straight back
To where you left off when creating sale
Okay, once again in the event of technical issues or security concerns
What's the response protocol for gempad to protect its users and projects?
Well, if there's any ever issues
The first thing to do is to come into the main chat and we do have a technical help chat
Sometimes we send people there
It kind of depends on the problem and some more often than not it's easier to sort out in the end
However, sometimes we feel it's nice to be able to comment in a public group so that we can just
Show people like if someone comes in with the same question, we can refer back that we've already answered it and show it off there
And but yeah
If there's any usual problems the best thing to do no matter what the problem is to go into main chat
You'll be directed where to go or you'll be told to be at one of the one of us
I see and can you provide success stories or case studies of projects that launch through gempad and how they benefited from your platform?
Yeah, like we we now red is going to be putting on more stats and stuff
And and we've had several projects raise hundreds of thousands and several projects do loads of x's like we've had
I think we're on 1500 or 1600 projects launched
and as far as direct
What sort of looking for examples of it I don't have them on hand
Mostly because I don't deal too much with listings and I've it's one of the things I haven't done
Usually I did at the very start. I was doing calls and stuff
And but the listings team will be best for that
But we do whenever we actually have projects coming in I actually do have a message made and which is we call it a recent successes
And basically we have a list of all our best sales and also if there's ever a project that's looking to launch with us
We can provide that information that
Yeah, very quickly
Fair enough and are there any upcoming features or partnerships that users and project owners come forward to in the near future?
Yes, well, I can't say but we do we have
We have one thing coming out
I think it's q1 still and it was supposed to be very soon
And but I again I can't say what it is. Yeah, we'll have something coming out in q1 all going well
we basically have something for every quarter this year and
Because we we made a roadmap and that's something that we showed in alpha
That's one of the things in alpha as well as we will send in stuff. That isn't anywhere else
So one of the things in alpha is the roadmap and we actually have at least one thing in each quarter this year
So each something new basically every time
Got you morty and
How does gempad approach community feedback and suggestions for new features or improvements do you work quite closely with the community?
Over the last couple of years
Oh, yeah completely like to be honest
We when we started it was main chat was where we got everything from but our alphas
I don't know if i'd say they have a say they definitely do have opinions on it
But usually will obviously the final decision kind of ends with us, but we do take on all their advice on board
um, so anything like sometimes they suggest integrating certain chains and sometimes they
ask for new features
basically anything they ask for will look at doing and
The when it comes to certain technical things one or two of them have suggested a lot of things that red puck on board and did
Now they know it themselves because they sorted out in dms
But we do try and take as much feedback as we can to sort that because
At the end of the day now we do use the platform
But at the end of the day, it's the investors that are going to be using it mostly
So we want it to be what they want. And that's again going back to evo is one of the reasons why
We've we've remade gempad basically
Got you and sort of
Going into the user aspect. Um, if you change your mind on a pre-sale is the like a fee to
your contribution
If you so obviously if the sale fails, you'll just be able to get a full refund
if you um
Decided you don't want to invest anymore and the project is going to succeed or whatever. So you're worried about losing your money
There is an emergency withdrawal button. It's on the sales page. However, there is a 10 fee
This is literally just to stop and people manipulating sales and just along the stuff along those lines
originally, we didn't want to have an emergency withdrawal fee in because we didn't like taking the 10% really and
We just kind of felt like
We would we were taking 10% from people and for no reason but
It has to if you have the emergency withdrawal button, you have to have some kind of percentage fee in there
so that's kind of why um
That's then we we literally added it because people kept asking and we were like, okay, we'll add it
But there's going to be a fee. So it's there now
Fair enough what's in you have a trending bar as well on the launch pad with the newest and hottest presales
I was wondering
I was reading you can't pay for these services is out you you felt you know, that was more fair than somebody's launch panster
um could have a
Project that's not necessarily going to do very well, but uh pays to be top trending to uh fill the presales
Yeah, I mean like the the trending is what it should be it's trending so it's the most
Those are the most hype sales and that's the way it should be
Now there are things you can pay for obviously we we have to make money somehow. So we do provide um
Different ways project can get extra exposure. So if you see um
Basically all the top cards there and there's only three at the minute
You'll see a little pin in the top right corner. That's our pinned option
But basically that means that your sale will always be at the top and will always be visible
That's one of our more popular
Ways for exposure because it's it's something that just puts your sale right there and any time anyone goes to jump pad does see it
So that's one of our better things. We also have spotlight, which is very good
So that's beside trending and there's a thing nails there
That's another way to get exposure. We did have a feature that which was kind of a banner in the bottom left
It's not there at the moment and I thought it was going to be but it's not there. Yes
So I think red will maybe add it later
and and obviously we do stuff like
When you launch with us, we do announcements. We have amas, which is by rainlands, which I can see in the chat
He's listening in now. Um
And we do have a presale alert. So we have presale alerts on twitter and on telegram
And anytime someone lists a sale you gets alerts now
Yeah, that's again one the thing that's a bit slow at the moment. I know there's some alerts not going
That's just because we're just migrating over so things are a little slow in that sense
Okay, and
Educational resources if I'm brand new to crypto and never used a launch pad before you just jump and sort of have uh video tutorials or
Medium articles or uh, you know a team member that can approach in in the socials to uh,
Get a handle on
Yeah, um, so we did have tutorial videos for the old generation and at the moment we don't have it for evo
We will so at the moment I am writing out
Gitbook at the moment
So it's literally a step-by-step guide and telling exactly what each box means for basically everything
So yesterday I did a few different sales way or ways to create sales and
Then today I was doing how to make tokens and all and overview of the features
So you if I haven't put a true yet
But basically I explained everything on the the home page with all the sales and all the badges
And even all the the navigation bar on the left
So we will have or we we will eventually have a step-by-step grade for everything investing
Connecting your wallet changing network
So basically anything that you can do on gempad will be explained in a step-by-step guide
Maybe even a little over explained because it's so detailed
But we felt like that way people can't be stuck and they don't need to go looking elsewhere for for any information
And we will have videos like we did for the old generation gempad
We don't at the moment simply because i'll be the one making them and i'm in the middle of doing gitbook
And but we will have videos about them
Uh, i'll even probably upgrade the gitbook to have little gifts and stuff like that
uh, but at the moment
Most things have a little info box beside them. So it's a little i and if you hover over it you get information
Anything that is slightly complicated red has done has given the information box so you can read about it there as well
But if you do get stuck we do have
Several mods in the chat and we also have especially if you're a project
We have the listings team that will basically hold your hand while you do everything
And now they can't do the project for you, but they can offer as much advice as possible
If you ever have any questions
As I said main chat is usually the best place to go and then you'll be directed or told to dm
Whatever the the appropriate thing to do is
Got you morty and i was wondering how does gempad ensure the security and legitimacy of projects launching on its platform?
particular concern in kyc's and audits
Yeah, so like you said one of the main ways of doing it is audits and kyc's so we have five badges in total
We have an auto badge and not a plus badge qc badge qc plus badge
vetted badge
So the kyc and the audit badge are fairly self-explanatory. It's gotten by it's given by some third-party
companies
So if you complete kyc with them and if they complete an audit on your contract you'll get them
Now the kyc plus and the audit plus badge are basically they're the same as the kyc and the audit badges
Except for only certain partners can give them
They're basically selected partners that
Go above and beyond so maybe when it comes to audits that they've
They've audited hundreds upon hundreds of projects and they're one of the best in the business
For the kyc they've completed loads of kyc's and they have a good track record of avoiding scams as same with the audits
Sometimes i'm not entirely i know some companies do kyc and audits
However, i'm not sure if there's any that are kyc plus and audit plus i'm not entirely sure
But then finally we have the vetted badge, which I talked about earlier
Which is basically greg and vina will basically do an interview with you to properly vetted
That's the kind of ways
domain ways, but we also if we ever notice projects is oftentimes
Especially if it's a good project we'll keep an eye on it because some lads might want to invest
But we do keep an eye on it and especially our alphas they look for nearly every project
And they'll tell us if something looks like a scam
Now, of course, we're not going to get every single scam. It is d5
There'll be some that'll flip through even sometimes we'll get told that it looks like a scam
And from what we see look we're only human after all we might make mistakes
But for the most part we try and avoid as much scams as possible
Fair enough morty and how does the lock tokens work for projects?
Is it like a minimum based on the tier or how would that work for projects?
Sorry, the question is for when they're having a pre-sale
A lot what token period sort of thing goes based on different tiers
And no, so
before so this is one of the things when I was saying that we we we've got evil or we created evil to give as
Much options as possible and as much
Ways to customize your pre-sale as possible
So when we first started gempad and it's actually I should have talked about this when you asked about the security
When we first started gempad, we were worried about scams. It was one of their biggest fears because of why we started gempad
We were kind of afraid of
Just having scams in general. So we want to do everything within a prior to stop them
and one of the ways we did it was we
Had limit we limited project owners from doing certain
Excuse me certain things
so one of the things was
The percentage that went to liquidity of the sale had to be 51 percent or above
People want to scam they'll do other things and they will know it doesn't stop them from scamming basically
It's what i'm trying to say
So we actually decided to get rid of that
So now you only need 10 to liquidity because we want to give project owners more options
And people will be able to see how much goes to liquidity and they can make up their own minds because again
It's defy. We one of the things is we we had worries about scams and that's why we limited people but
We know better now. We know better ways to find to discover scams and stop them
So now it's about trying to give as much options to investors and project owners as possible
But like I said the 10 for liquidity
There's also we originally had it where you've got to lock
That the liquidity for I believe it was 30 days was the minimum
And now that's down to seven so someone can have a pre-sale and liquidity unlocks 27 days
Again, all that simple will be shown on the sales page
So it's just it's just giving back power to the investors and the project owners that they can do more of what they want
Got you multi and you mentioned genpad evo. So what sort of changed say over the last 12 months?
What features have been improved and expanded upon what we've been building in the background there while there's been
You know a pretty rough bear market for 12 months. So it's the best time to sort of expand and grow. What's the plans?
First of all, let's say i'm gonna have a lot to say about evolution
So it's stop me if you have any questions
Uh, but if not, i'll keep going because there's a there's a good bit to get through on this
so basically
For the past few months our dev team kind of stopped touching the old generation genpad
And we went on to build evo
So they've been building it for a good few months and we've had a pretty much
All our devs focused on it because we wanted to basically completely redo genpad
So like I was saying that it's it's not
An upgrade per se it's actually completely rewritten. So we made it faster and easier to use like
We made stuff clearer and cleaner
And we took away some things that we didn't necessarily need
And and we made stuff better that we already have and like I touched on already
We wanted to basically have genpad without the limitations that the previous one had
Now originally with old generation we had two spaces to find sales
We had presales
We had special sales
So presales was uh, their sales without or sorry sales with a liquidity lock
You have to lock your liquidity on a presale and a special sale was basically
You it's one without a liquidity lock. So that's usually something for a seed or a private or something along those lines
We got rid of that. So all sales are now under presales. However, there are two types of sales
You have manual and you have automatic manual is basically like a special sale. It's without a liquidity lock
And automatic means it's automatically locked
Underneath that we then have four sales, uh subcategories
There are presale
Fair launch hyper launch and linear launch
Basically, uh presale is
A normal sales one with a hard cap a minimum buy maximum buy soft cap the usual
Then you have a fair launch which is a presale but without a hard cap
At least you can have a hard cap if you want. It's completely optional
There is also the option for a minimum and maximum buy but you neither is required
So you can have as this is again having as much
Uh customizable options as possible
Moving on we have a hyper launch
So the easiest way to explain a hyper launch is it's a fair launch except for it is limited by the amount of contributors you have
So basically you can set it to 20. So once 20 people invest the sale is over whatever they invest invest is whatever you get
And now if the if everyone invests it has to be set up in a world a way that even if they invest the minimum
They'll still reach the soft cap
Uh, because obviously it seems to ruin your sale if they if they invested it that way
uh after that we have a linear launch or a linear sale I always keep mixing up those two but
Uh, basically I will expand a bit more on that later on because it's its own sale type
So I won't talk too much on it yet
So going back to kind of sales in general we have again underneath that you have four options again
So it's first of all the option is just nothing. Basically, you don't pick any of these other three options
Then you have tba. So tba means to be announced and it's basically like if you have your token ready
Well, you're not quite sure
When you're going to launch but everything is kind of ready to go
You might have your logo you have your token
And you want to get up on gempad so that you can basically share around the the pre-seller link
And also get all the maybe you're doing marketing on gempad. You just want people to see your sale card
Basically, it will go up on gempad. It'll say tba
And you'll be able to set the timers whenever you want
After that we have custom sale. So custom sale is kind of going back to
As little giving little or no limitations. So basically for custom sale you don't even need a token
And they're usually for if you are say launching on a different network
And maybe you're setting up your own chain and you only want them to raise on say bfc just for the gas and then to
Move over onto your own chain or something along those lines or maybe chains that aren't quite supported by launchpads yet
You can do that with a custom sale because originally people were doing special sales and then they had this fake token and it was causing confusion
And people would be asking what is this token they'd be asking questions about it
So now you don't even need a token
You can run a sale without a token
And then you can sort out the airdrops whatever way you want on the other chain
And finally under the sale types, we have a stealth launch. So a stealth launch is
A sale without revealing the contract address to launch. So basically it's to avoid snipers and stuff like that now
You've probably been a part of some
Stealth launches
On just straight onto DEXs, but we can do it on gempad as well
So that's all the sale types and because of all the different combinations like you can do an auto fair launch stealth launch
You can do a manual
Hyperlaunch
PVA there's actually 32 different combinations. So you can do 32 different sale types
and so basically there is
Barely any limitations like whatever your your imagination can come up. You can probably do it on gempad
now moving on to some sale features
And that kind of gives you even more options
Uh, so on the old generation gempad, we had the option of having either public sale white list sale
Or tiered whitelist. So a tier whitelist was something with two tiers
So basically your first 10 invest or sorry not your first, but you'd pick 10 investors
And they'd have 10 minutes to buy in or however long you wanted it to be
And then after that it would go to the second tier whitelist because maybe that way you could make tier one guaranteed
And maybe tier two wasn't guaranteed
And now to give you as much customization as possible
You can have as many tiers as you want
So if you want to have 20 whitelist tiers at last a minute each you can do that
If you want to have two that last a day each you can do that
So it's a much customization as you could want with whitelist
We also brought in the option of having bonuses
So you can reward the first five investors in the first five minutes with bonuses or you can do it
Whatever way you want. You could do the first investor in the first hour or you could do the first 50 investors in the first
Day, if you want 24 hours
It's entirely up to you and you can have as many rounds as you want
So you could have it that the first two
In the first five minutes get 100 extra
In the second five minutes the next one gets
50 extra the only kind of limitation is and it just makes sense
You wouldn't do it any other way is that the earlier invest the higher the bonus
So you can't say have the second round be a better bonus in the first round
and we also
Provide the option to do buybacks through gempad
So what that means is if you have a sale and say you're putting
70 towards liquidity
And then you have you have five or ten percent that you're not sure what to do and you said you're going to use it
For buybacks you when you're creating the sale you can click uh five percent on buybacks
You pick how much percentage of that five percent is bought back each time
So say you pick 20 percent that means one percent of the rage is raised is bought back each time
Then you pick the minimum time and maximum time the minimum time once it passes that amount of time
You can manually buy back and after it passes the maximum amount of time it automatically buybacks
So the way that works is just to give you an example because it might be a bit confusing without being able to see it
Is if you pick say 10 percent of the raise and you take 20 percent
Uh buy back each time and you pick one hour minimum to maximum
Once the sale has been finalized after an hour, you'll be able to buy back with 20 percent of that 10 percent
And you can do it anytime within that one hour range
Now you can make that range as long as you want you can make it at the range be two days
But as soon as you do that buyback the time resets and then you have an hour to the next buyback
And as I said, you can kind of do whatever way you want. You could have the
The minimum be 12 hours the maximum be 36 hours
It's just whatever way you want to give you as much customized options as possible
so finally
The another feature we've added to sales is a referral system
There are two types of referral bonuses
So the first one is you the project owner has the option of giving one between one and 20 percent of the referred amount
back to the referrer
That means that if I were to refer
Um say rainlands here just because I know he's listening in if I was to refer him
And he bought a hundred dollars worth of a token
As soon as that sale finalizes and the project owner is giving 10 percent back
I'll get be able to claim back 10 dollars of rain rainlands investment
Then the other referral type of bonus is not optional
It's something that just comes on gempad. It doesn't take away from your race or anything like that
But basically for referring people you get gem points now what exactly gem points are i'll touch on a little bit later
One of another new feature we brought out
So there's a lot of like we're saying there's good bit to get through i'll try not to go too long
But with evolution we brought a lot of stuff and one of the new things we brought out because we we improved certain things
But we also brought out a lot of new features
One of the new things we brought out is your user profiles and teams
So basically anyone who interacts with gempad can have a profile
On the profile you'll be able to put info like your your socials a bit about you your name. Everyone has a username
And you get to pick your photo then
So your profile picture and your banners
This is also where you'll see how much points you have enough
Uh, there'll also be certain badges. So our partners and verified and stuff like that. They'll get certain badges
And then you'll also have teams. So what teams are
On any sale that's on gempad. There'll be a team tab
And on underneath teams you'll be able to invite team members
So if you're doing a project with your friend
You can invite them to a team, especially maybe if they're a call channel owner that's verified or even a partnered one
You can invite them to the team
Once they accept they'll be they'll be put into the team and everyone can see them on the team
Now one cool feature is that you can actually give them equity
so what equity is is it's a percentage of the raise so say if
You're sorting out say the
The referral amount and how much you're sending the liquidity and whatever the case may be
You might have say 20 left over
And you're going to give five percent of the raise to your marketer. So you add them to the team
You give them five percent of equity and as soon as you finalize
They will have five percent of the raise to their to the wallet that was invited to to do to raise
And that way you don't need to worry about the funds while they get directly
Now people can see who's on the team, but they can't see what equity they all get
That is only something the team and obviously the project owner can see
So like I said, we brought in a point system
Excuse me, um, so our point system is tied to transactions
So as well as referrals like I said earlier, so basically any kind of transaction you do on gempad whether it's
Flying into projects creating projects
A creating staking pools pretty much anything you can do on gempad. There's a whole huge list, which will eventually go on good book
You'll get a certain amount of points
You get more points the more gems you own
So gems being our tokens the more you you have a that the higher rate you'll earn
And you'll be able to spend those gem points on stuff like whitelist creation services and exposure and more stuff like that
So now going on to sharing and user settings
So if you go on to gempad now on any of the cards, you'll see a little plus symbol
So it's down in the bottom middle of the sale cards if you click on that
You'll see the share option and that plus symbol will eventually become a share
Button rather than a plus because we actually had the question in a different AMA asking
Why isn't a share thing and then being told me or it will be
So we're going so it's going to be share you can basically get your link
But you can include your referral link in there, which gives you your own link and will be how you get your own points
Uh, you can share it directly to twitter telegram and then you also have the option to get an embedded link
So basically if you're a developer
You can go on to this get your pick out the width the height
You can even pick the color scheme yourself to suit your project
And if there's animation if you have the socials the badges the banners anything like that
As I said much customization as possible
Once you do that you'll get the code that you can slot into your uh your site yourself
If you have any questions
We won't be able to help you apart from red
So you'll have to come into chat and ask and then we'll find out off red if you have any questions
If he's the lead dev he'll have to answer any kind of development questions
But for the most part i'd say it's straightforward enough. You get the code and you just put it in
Obviously i'm not a developer. So it could be completely rough, but that's as far as I know how it works
Now moving on like I said user settings so when you create a profile
And you log in with your wallet anything you do on gempad
So any kind of settings where you view any of the sales will be saved
So we have two types of ways to view sales you have the card one
Which is probably the most famous type of view for launch pads and pretty much all launch pads have
We also have the options for a list view
Basically, it does what it says. It's a list of all the projects people might prefer that because you can see more projects that way
Personally, I prefer the cards, but it's about giving you as much options as possible. Just do whichever one you want
We also have the options of turning off animations and turning off a setting that's remember scroll position
Animations are stuff like the cards moving and being highlighted and stuff like that. You can turn off both these settings
If you have a slower computer that maybe can handle it
Maybe an older one or maybe just one that's not as high tech
Now you don't exactly need a very high tech one, but it just can help with the loading just in case
And the remember scroll position is if you scroll down on all the different gem sales
And you're going to click into one
And then you decide I want to go back and keep looking if you do have this button clicked in it will
Bring you back to that position if you don't
It'll then send you back to the top and that's again
Just to make the the load a bit easier on your computer is if it is not able to handle it as well
We also have the options for sorting and filtering filtering projects
now that's fairly straightforward in the sense that
Uh, you can filter by
piers badges
The sales status. So if it's live already or something along those lines
So as I said straight forward enough, however, if you're logged in with your wallet
It will remember where you or what filters and what sorting options you had
And it'll keep them saved if you do want to go back
Excuse me, you can just click reset and it will put you back to the default settings
Which is basically everything turned on and into the normal time
Now another thing we brought out is our announcement back
So if you go on to gempad, you'll see up in the top left just beside the logo. You'll see the sentence
Welcome to gempad evolution and read more
Now there is where we will be doing announcements. So basically
Maybe we're bringing out a new feature or there's a really hype sale
And you want to get up on the maybe projects that has asked us to be put up there
And once you do that, there'll be certain announcements up there basically projects and
Now moving on to a
New feature that's quite a bit bigger than the old announcement back. We have otc sales
So what otc sales are are?
over-the-counter sales
So basically to give you an example of when you might want this is if you got into a seed or a private sale or maybe
something similar
It's a project that for example is after raising a million and you're you bought into the private
And it's after getting a lot of hype and people want to buy it
Buy the private sale from you. So normally what you have to do is you find a middleman
And you then send him funds
He then takes the tokens
And he swaps them over and he completes the transaction on your behalf
So that has two issues number one. You have to find a middleman number two. You have to trust them which can be difficult because
It's crypto. You probably actually haven't met him in person. You don't know him in real life
So you have to just trust this random person on the internet that they're not going to take your money or your tokens
That's the first problem. The second problem is usually they they charge quite a lot
So I know in my experience i've seen around anything from 10 to 20 percent
And so it can be quite a lot
Especially if normally with otc sales that i've been a part of or that i've seen
We're talking in thousands. So having even 10 percent is quite a lot to give away
Uh for a transaction that usually doesn't take very long
And also the fact that you then have to go and find someone willing to buy your tokens
Sometimes it'll be easy to find other times it won't
Also, what can be difficult is
If you're trying to
Find ones to buy sometimes they're quite hard to find because you you have to know someone
Another issue that actually comes with them is sometimes because I found this in the past that sometimes
They're only selling for ten thousand one go and maybe you only want to buy five thousand
And then you have to find someone else who wants to go half switch or something along those lines
so this way
Otc sales will basically solve all these problems. So once you have the tokens you'll go on to jampad you create an otc sale
you will have
You put up the sales. Sorry put up the tokens and people can go in and buy the token from you
So if you have ten thousand tokens up for sale
You can set the price you want to buy and then whoever buys them gets them
It'll keep going till either the time runs out or the supply runs out obviously if the sale uh finishes
And people are after buying up all the tokens. It's not going to be there anymore
Uh, you can instantly get your tokens and the person can obviously instantly get the funds
There will be the option for badges as well
And another way that otc sales will be useful
Is this is actually something that now I know I personally didn't think of this and I don't know
I can't speak too much for the other team members
But this is something that we actually discovered was needed because of the project coming to us
So sometimes you've launched already maybe the market cap is at a couple of million and you decide you want to go on a centralized exchange
Now centralized exchange for those who don't know can cost quite a lot
they sometimes you need to pay a fee and provide the query and there's
Loads of issues that come with it and load of costs that come with it
So sometimes you need 50 grand
And maybe you can have the tokens for this
And some like obviously if you're if you own the project and you're trying to get listed on an exchange
You can dump the tokens on the market
You basically have to sell them otc. So
Normally with that it can come down to just send money to a wallet and all that
And what we've had before is people doing special sales with us
But now we actually have otc sales, which is meant for that
So basically they can go on if you want to raise money first and strike exchange
You can sell your tokens
On the otc sales on gempad and you don't have to worry about
Anyone scamming you or anyone taking a lot of fees or anything like that and it's all done through smart contracts
so as I said, there's no worry of any kind of
A human being getting involved in ruining it on you because as I said, it's done through smart contracts
Now one thing we've added is the ability to launch on a v3 deck decks
So originally you can only do it on v2 and we're the first d5 platform to be able to do a v3 deck support
So basically that means that if you are launching you a pre-sale you have the choice of being on v2 or v3
So this is another way that we're just giving as many options as possible
Now moving on to our locks
So this isn't a new feature locks have been around for as long as I remember anyway
And it's something that gem had had from day one
So like I said that we we started two years ago. We had locks from the option to lock your tokens with liquidity with us
But we are improving them. So
Like with our pre-sales we have ranks which were originally tiers but down our ranks
So our locks are now coming up with a ranking system
So the exact details of what requirements they are for the ranks
Will be up on our gift book red did send it to me like a month or two ago
However, i've lost the message and he's getting back to me in the next day or two about
The official requirement. So I will have that up on gift book free very soon
I know that
It will go gold emerald diamond and I know that diamond is something along the lines of a hundred percent
Liquidity for like six months or a year or something along those lines
But basically once you lock a certain percentage for a certain amount of time, you'll be giving a rank
What this is useful for is it's good for project owners to be saved
My lock is diamond ranked and it shows that kind of security
But it's also good for investors to see it at glance without having to go into anything like that
But what will also help them is the automatically generated lock banner
So this will be a banner that will have their profile picture the fact that the liquidity is locked
It'll have their rank on it and I believe it might have some of their socials on it
I'm not entirely sure their links and all like that but either way it's still it's a nice banner to have that once you lock
the liquidity with us
Not only do you get the link to show off but you also get the banner
So i've been a part one not a part of but i've invested in and been in groups for projects that
When they saw a lock liquidity, they just send in a link
Whereas this is a thing that obviously be able to send in the link, but they'll be able to put a nice banner over it
So instead of going off and making their own or even not being able to make their own they get this automatically
And it's a great thing that people can kind of see at a glance
Now big thing to know about locks is if you lock on a new platform
They might be recognized by certain d5 platforms
But our locks are integrated and recognized by the biggest d5 platforms the likes of dex tools and all
And they recognize our locks because if they don't and you go on to
Their charts it'll say that your liquidity is unlocked which can scare off a lot of investors
Now finally the last two things is our own comment system
So basically on every sales page has a comment system, which is kind of more like an announcement, I suppose
So the the announcements or comment system is where project owners or team members like I spoke about earlier who invited to join the team
They can go on and they can post updates about their projects
So for example, if they the audit is just about done or they're just about to complete kyc or maybe a partnership or something along those lines
Also speaking of partnership our partners will be able to post underneath projects
So the only people that can do it are team members project owners
And certain partners, so just the partners are maybe going to post quick audits or scanner links under or scanners information
Underneath the sales and other than that. No one can really post on them
So finally linear sales like I spoke about one of our kind of sub categories for sales
basically, it's similar to bonus stages or bonus sales in that the sense that
You the earlier stages can get better pricing so you can do the first five minutes of the first 10 minutes
That they'll be able to get by in a certain amount and get a certain bonus
And so that's something that we brought in now the way linear sales works at the moment
Is not how they will not the end goal for them. I know red has plans to make them work differently. Um
But it's just one of the things we had to
We've made it how it is now, but we will improve it later
uh, we have a lot of things to improve as we go on
And I personally know I have a few things that red has to improve that I have to remind you of once this kind of migration is sorted
But yeah, that's pretty much covering all the kind of upgrades to our features and the new features to gempad
Awesome, there's a lot going on there. Um, like say you're improving it for users experience speeding that up and
you've got the you know more options for projects for pre-sales and
Something interesting to be what you mentioned there was the v3
Nft locks is it a light free uni swapper?
Who are you actually working with which defy platforms and are you actually setting out for projects?
I don't know how to do a v3 and it's good for users as well to offer
liquidity to
Projects launching because uh, yeah, you can use less money on v3 than v2 is quite expensive
Yeah, it's something red was very like the best that he I he because I remember when I was creating this because that
I had to write the like the life paper and the medium post and
Obviously this um kind of way it is a slideshow so you can't see it but a slideshow
So he was like make sure you say about v3 export. I was like, okay. Okay. I will
Awesome and
Is that for the project to set up or can you actually do that for them? Um
different defy platforms
Um like uni swats v3
The way it works is when you're creating a sale it's um
Once you put in so you don't always have to put in a token address because sometimes you do a sale without a token
But after you go through the first step you'll be there's a little slider that you can pick v2 decks or v3 decks
So you do that in sale creation and it's done. It's done completely by the person who's setting up the sale
Awesome a great feature there and you mentioned different sort of chains that
Projects can launch and I was wondering how many chains is gempad support now
There's been a lot of layer twos coming out and you know
You're looking to expand that in the future as we go into the bull market. There's some more
Big blockchains blowing up so that people can get pre-sales on many different chains in the future
Yeah, so we're always kind of looking to integrate new new chains at the moment i'm looking at it now
And there's 20 we support 22 chains
Um now to be honest, we do get most of our volume on the main ones
Uh, but we do support the 22 chains now
That'll change as in we'll be adding some and we'll take away some if they're not worth keeping there
Like some of them might die off and stuff like that, but we're always on the lookout for new chains to add
Well, let's open it up to the audience for questions. Let's see. We've got Asia here. You had a question for morty at gempad. Go ahead
Yeah, thanks then
being the first launchpad to offer the p2p
Totally decentralized decentralized on-ramping solution with no kic is a significant milestone
Considering the no kic requirement
How does gempad strike a balance between ensuring the secure on-ramping process and complying with potential regulatory?
considerations especially in different
jurisdictions
What do you mean about the on-rank and ramping now, sorry, I don't understand the question
I have read on your twitter page that you are offering
Can you hear me
Yeah, I can hear you. Sorry. What did you say? Yeah, I have read on your twitter page that you are offering peer-to-peer
Transactions that's totally decentralized on-ramping with no kic
And I want to ask that with no kic requirements
How does gempad strike a balance between ensuring the secure?
On-ramping process and complying with potential regulatory considerations in different regions
Regarding that i'm not too sure
Because i've been an evil for the past month or two kind of doing testing. So I know we were talking about
Partnering with on-ramping and on-ramping a company to tackle that
I'm not sure where we tweeted
On-ramping means using fiat
Yeah, I know we were just we were supposed to do that
They just don't know where we posted about it
Um, but maybe it did and I wasn't part of it because I was stuck doing evolution
And but I know that we were supposed to we were looking into doing it with a partner
But i'm not quite quite sure where we posted that
All right, no problem. I thought it's a part of uh, you know, evolution. Thank you. Thank you so much. Thanks
Thanks for the question next we've got romant
You had a question go ahead
Yeah, thank you clint. Okay. I've read in the tg post
That the gempad is now taking full advantage of building on each diamond standard eip
So could you elaborate on how a gempad harnesses the capabilities of?
This standard and the specific advantage as it brings to the platform and also is it a part of evolution?
revamping
I missed some of that, but you were asking about us
Creating the new evil on the diamond standard. Is that correct?
Yeah, yeah
Yeah, okay. So i'm not going to be able to answer that too detailed because i'm not a developer
but I know that was one of the reasons why we
we rewrote basically gempad
On rewrote it completely for evil was to have it on the diamond standard because
Now this is me regurgitating what the developer said to me, but it's just faster and better. Um, so we should see
The benefits of that wherever I am not a developer so I can't really go into too much details other than that. It will be better
Okay, got it. Okay regarding the incorporation of the gempad sales on the individual websites
I read this feature
So are there any specific tools or integration that projects owners can use to seamlessly integrate
Gempad sales on their own websites
Yeah, so like I touched upon earlier they have the option to embed the sales card so they can go on to
Once they put up their sale they go on to the
Moment, it's the plus icon, but it will be the share on icon
They click that they choose whatever colors they want and whatever size they want and then they'll get the line of code
And they'll be able to put that into their own website
Got it got it. Thank you so much. How are you and how are you Glenn?
Thanks for the question remit next we've got captain lee though you did a question for waltzy go ahead
Uh, thanks
Um, hi mozzi, um, i'm a big gempad fan
I am really impressed with how much you guys can quickly realize in
a couple of weeks and
I must say your 80 score is something that is
I'm definitely
Really really cool. I
Congrats on graduating to the evolution
Concurrently and um, it's something that lots of people are actually looking forward to
Uh, the question I just had is the fact that
I'm regarding this evolution
A lot of people might not be sure so I just wanted asking
Um, are there any place where people need specific updates?
regarding the evolution and
Will there be um updates to the white paper regarding the evolution as well?
Hey, first of all, hello, thanks for the question
Uh, yes, so we always post most of our updates in the main chat and on our announcement channel
and on our twitter
That's kind of where you'll find stuff all the information
And we will have a medium post going up
I wrote it myself a few days ago and now bina has been editing it and also including
Certain images in it. So I know she's been doing that for the last day or so
So that'll be coming out relatively soon. And I also wrote the light paper. So I know that's done
It's just it's in the hands of our graphic designer at the minute
So we're just waiting
So we have those two in the pipeline which I can guarantee because as I said, I wrote them both
So we'll have them we actually have two light papers. We have one that's more centered at project. Excuse me
More centered project owners and some that are more centered at uh investors
So that will kind of give you a more breakdown now, we will have the gitbook as well
So the gitbook is a how-to guide and it also is an information guide. So it's the most detailed
Thing about gempad that you can find
Like the the presale or even say the lock how to do a lock is literally like go to this link
What enter in the box here here here and it's literally explaining each box. So
You can pretty much get all the information you need from any of these sources
And now all of them are kind of a work in process, but they will be out relatively soon
Something i'm definitely looking forward to and
Like I said before i'm really bullish on gempad and i wish you guys the very best
And I really hope that gempad and its ecosystem stays bullish mode. Thanks Martin. Over to you Glenn
Thanks, man. Thanks for your question
Thanks for the question captain and next up we've got bennis. You had a question go ahead
Yeah, thank you so much Glenn
Marty, I have a question regarding your new evolution update that offers the option for
Project honors to incorporate gempad sales on their own websites
While this provides flexibility, there is a concern about potential
Scammers creating fake sales on external websites misleading participants into thinking they are endorsed by a gempad
So how do you guys plan to implement safe cards to prevent such
Product activities and what measures are in place to protect users from falling victim to scams that
May arise from unauthorized sales on external platforms
Hey, first of all, thanks for the question, so
We know what you're saying and it because it is cryptos scams are very very prevalent
Uh now the thing to remember is we can only do so much
We can't really control like someone can try and copy your site and make a fake gempad now
They're not going to be able to do it because it took us so long to try and do it
But you know, they can always try certain things like that
My best advice is to always make sure you're investing on the gempad site
Just do it that way. Um
And that's probably the safest thing because the cards themselves would just be on the site safe
Beyond the the project sites, but you will be able to invest directly on gempad as your best bet always
And also sorry as well
Someone was asking about
The last question about information. I actually just seen the medium was just posted introducing the evolution update
So if you for anyone listening if they want to read that for more information they can
Okay, uh marty, uh, thank you and uh, my next question is more of a suggestion frame. There's a question
Given gempad extensive network of marketing channels and partners have there been considerations for creating a
centralized initiative where when projects utilize specific marketing services from these partners who jump at
percentage of the fees
Collected is directed into a designated wallet and this wallet would then be used for periodic token buybacks
With the intention of holding the tokens for the long term to support the project stability
And a percentage of the points would be allocated back to the marketing partners as a reward for their
Ongoing support in promoting and launching projects on gempad
Sure, I completely understand let me just see if I have it right so it's basically if we connect certain people to marketers
Actually, I need your task here again because i'm a bit lost
Yeah, uh, okay. I'll just uh try to rephrase that
Because I have seen that you guys have extensive network of marketing channels and groups
So, uh, it's what we're thinking that uh, have you thought about creating a system where when projects use
Your marketing services that the partners you have the channels or uh, teletra groups or twitter pages
Through gempad's network a portion of the fees goes into specific wallet and this wallet could be used for
Buying back tokens holding holding them for stability and also rewarding marketing partners for their ongoing support
Okay, okay, so
basically for the kind of marketing we provide so like the
This pin and stuff like that
You're asking would we be able to take a percentage of that and to be able to use it to give to marketers and
Projects and they buy into other projects. Is that right?
Yeah, uh kind of like marketers charge a lot of money for promoting a project but uh, some of the marketers don't
Support that project from their own money because they just collectively and do their job
But uh, if they if they come under one umbrella under an umbrella of gempad that you guys collect
The marketing fee yourself
uh, some of the percentage goes to the marketing company and some of it is uh used as a
Prior to buyback for that token to support it and hold hold it for the long term
Okay, okay, I get what you're saying. Sorry
So basically we'd set up a marketing company that would have
Other marketers underneath us and we then handle the payments and stuff with them
All right
Okay, eventually
Vanessa I used to learn more too. Yeah, can you can you hear me? I can hear now. Yeah. Yeah, okay
Uh, let's see. Let's go to um nida. You had a question for morty go ahead
Yeah, thank you glenn
You mentioned not accepting any alpha club budgets in the past few months due to concern about the market
What criteria are currently in place to determine the suitability of project for inclusion in the alpha club?
Sorry, can you just say the very last sentence there I didn't quite catch it
What criteria are currently in place to determine the suitability of project for inclusion in the alpha club
Okay, so for the alpha club and
You need to tell us basically obviously the you share with us like the name that all the links to all the socials and the website
And how much you're going to raise how much you've raised already if you have raised anything
Who's a part of the team and their experience and your experience at the project owner's experience? I mean
Obviously to explain the use case and to share with us the roadmap as well as how far along you've gone
and we also ask about um
Uh, oh, yes, if the development team is in-house or if it's outsourced
Or if you're planning on outsourcing it
It can be a little better if we know the people who are developing it
So obviously the best to kind of in-house because then you know, you don't have to trust the third party
But if we have recommended the the people building it then it's actually a bit better as well
Because we usually well if we recommend them we know them we trust them
There's a few more other things but they're kind of main things
Oh, and obviously we we need to be in also you need a kyc and you need an audit
So we won't just accept any old audit and any old kyc for that. It'll have to be some of the better ones
Yeah, we would then take a look and see if
We would think the project would be a great success. So sometimes there's somewhere where like
This project looks amazing. We need it for alpha and then there's other ones where it's like, yeah
It's not good enough. Like it could be a case where the use case is just not alpha worthy where it's just a thing
That's been done 10 times before
Or maybe it's a whole new thing that's never been done before but we just don't think it'll work
Now we try to just be
A filter basically to get out all the really wrong projects and then the alphas can decide themselves
But we we that's one of the reasons as well where we stopped
And given projects is because there just wasn't any worthwhile and we didn't want that some alphas to be thinking that
Oh, it's good enough for us, you know, and then lose money. So we just that's why we stopped it for a while
But as I said, it's opened back up again
Okay, thank you so much for answering and thank you glenn
Thank you for the question
Uh, I did find uh, morty. Yeah, I think uh, she was going off a tweet a few days ago at gempad and it's uh
In february you're going to be partnering with uh, skip shift defy to offer
Use the easiest way to on-ramp into tokens. Uh, so that's probably where she got it
Because I I also text rainlands as well to ask him because I know he's listening in so I I asked him he said yeah
It's something like you said it's a partner that's handling and not us
It's something we I know we wanted to add but yeah, it's not gempad that are doing it just a partner
Awesome. Well, it's been great speaking again today morty is everyone
Uh, who's listened to and the spaces so we've been partners for a few years now with gempad. They're a great launch pad
So if you've not used them before check them out
They're very safe to use and have some great launches on there and uh, there's lots happening with the gempad evolution
And as morty said, uh, there's just a medium article going out and that so if you want to dive into that or if you've got any
Questions, uh, you can join the social media and uh, ask the team or community
Um more about that and thanks very much for coming today. Um morty. It's been great speak
Thanks and thanks for having me on and thanks to all the teams for having me on and to all the listeners for listening
And especially those who ask questions and I hope to see you all over in gempad very soon
Well some exciting times I had ready for the bull market there for gempad evolution
Looking forward to checking some of the new features out there in the future and take care of everyone
Thanks. I'll see you later again. Thanks for having me on
Yeah, bye morty