The ChainGPT Pad is one of the most sought-after features of ChainGPT. It is a launchpad that offers CGPT token holders the exclusive opportunity to invest in vetted AI projects in their early stages. Being an initial DEX offering (IDO) platform and startup incubator, projects looking to implement their ideas and bootstrap their token ecosystems come to ChainGPT Pad to get listed.

Projects apply on ChainGPT and go through rigorous vetting processes conducted by the ChainGPT team. The accepted projects then undergo the incubation/acceleration phase where the ChainGPT Mentorship Group trains them to become IDO and market-ready. To date, ChainGPT has listed the IDOs of many promising projects such as Nuklai, Gaimin, Octavia, and GT-Protocol.

How Does It Work?

After vetting, the next step is to list the successful projects on ChainGPT Pad and launch their IDO. ChainGPT provides a platform where they can run their campaign and get exposure to the vibrant CGPT community. Every IDO listing consists of three rounds to incentivize CGPT stakers and community members: Round 1, Round 2, and Round 3.

Round 1 is exclusively open to top-tier groups, consisting of silver, gold, and diamond tiers. Round 2 is open to all tiers, including the entry-level bronze tier. All members of the ChainGPT community, including the tiers, KOLs, and KYC-verified members, are open to investing in Round 3.

Staking System

The staking system allows ChainGPT community members to have exclusive access to the platform’s services while earning passive income during the process. Staking on ChainGPT follows a straightforward point system and is the prerequisite for entering into the tiering system.

There are four staking pools on ChainGPT, each with a unique point multiplier. These include the 45 days staking pool with a 1x multiplier and 1% APY; 90 days staking pool with a 1.3x multiplier and 3% APY; 180 days staking pool with a 1.5x multiplier and 5% APY; and 360 days staking pool with 2x multiplier and 8% APY.

Tier System

Depending on the amount of CGPT staked, users can occupy any of the four tier levels. Each tier has its exclusive benefit and all levels have 100% refund eligibility:

Bronze tier: This entry-level tier is useful to members with capital limitations. Over 2,000 points are required for entry into this tier. They can participate in Rounds 2 and 3 IDO with a 1x allocation multiplier.
Silver tier: This is the second level and comes with improved benefits. Over 20,000 points are needed for this tier, it has a 4x allocation multiplier, and members can participate in Rounds 1, 2, and 3.
Gold tier: Users need over 50,000 points to be in the gold tier. It has a 10x allocation multiplier, and members can also participate in Rounds 1, 2, and 3.
Diamond tier: This is the most desirable tier for launchpad participants because of its superior benefits. Over 200,000 points are required for eligibility, it has a 40x allocation multiplier, and members can participate in all IDO rounds.