KCCPadPrice

(KCCPAD)

KCCPad is a decentralized and deflationary Initial DEX Offering (IDO) platform built for the Community Chain network. It serves as a launchpad for new blockchain projects, providing them with a platform to debut their tokens. Its primary goal is to offer retail investors a fair opportunity to participate in early-stage token sales at initial prices. The project was developed as part of a specialized ecosystem of launchpads designed to support emerging networks.

To participate in an IDO on the platform, users must follow a specific three-step process. First, they are required to hold and stake a minimum of 50,000 KCCPAD tokens. Second, they must complete a "Know Your Customer" (KYC) verification process through the platform's designated provider at least 24 hours before the event starts. Finally, users must ensure their tokens are staked at least 3 hours before the allocation round officially opens.

KCCPad utilizes a tiered system to determine the allocation of tokens available to investors. The tiers include: 1. Ku-Starters: Requires 50,000 tokens for a guaranteed allocation, subject to completing social media tasks. 2. Ku-Bulls: Requires 100,000 tokens for a guaranteed allocation, also requiring social media engagement. 3. Ku-Coiners: Requires 200,000 tokens for a guaranteed allocation without the need for additional social media tasks.

Yes, the platform implemented a tiered early unstaking fee structure to discourage short-term speculation. If tokens are staked for less than 7 days, a 25% fee is applied. For tokens staked for less than 14 days, the fee is 10%, and for less than 21 days, the fee is 5%. Once the tokens have been staked for 21 days or longer, users can unstake them without incurring any fees.

KCCPad is currently considered a legacy or inactive project. In early 2022, the platform merged with another project to form a new entity on the Polygon network. Consequently, active development on the original platform slowed down as the broader ecosystem's growth shifted. While the token may still exist on some decentralized exchanges, it is no longer actively supported with new project launches or significant platform updates.

The KCCPAD token was designed with several deflationary features to manage its supply. These include a 1% fee on all sell orders and a tiered early unstaking fee system where the collected fees are either burned or redistributed. Furthermore, projects launching on the platform were required to commit to buy-back and burn initiatives, which involved purchasing and permanently removing tokens from circulation.