Problem & Solution

Problem

When we look at the selection of launchpads and presale platforms which are currently available, in general we can conclude that most of them are a hassle to work with from both a project owner and investor’s perspective.

Project owners mainly are worried about not getting enough investors to fill their investment caps and being able to launch. In addition to worrying about being able to launch their projects, project owners are also concerned about upfront and ongoing repetitive costs they may face in regards to development, auditing, marketing and getting enough exposure to make their projects launch successfully.

Investors on the other hand are especially worried about making bad investment decisions. Many projects fail due to inexperience, scams, rugpulls and honeypots lately and they only amplify the previously mentioned concerns. These concerns can be attributed to the lack of transparency, lack of insight and the lack of available information about presales and projects. Launchpads in general do not provide enough supporting services and thereby do not take responsibility for the platform they are providing. If more launchpads provided a higher level of support, it would improve confidence and trust in a big way which results in more investors for project owners and a safer crypto space.

Solution

Passive Income has launched a next-generation innovative launchpad (PSI-PAD). This launchpad is safe, mobile friendly and transparent. The launchpad gives unmatched insight into presales and provides all the relevant information investors need to determine their investment choices. In addition we provide a multitude of services for project owners to deliver transparency towards investors.

Passive Income has created a launchpad which features KYC integration, this means that project owners can choose to KYC or not to KYC. Choosing KYC whilst in the presale stage greatly improves investor confidence and we make sure we’ve made it easy for project owners to KYC. Project owners can decide how transparent they want to be and investors can base their decisions on what project owners provide. Project owners can also choose to audit their projects from within the launchpad or to indicate that their project has been audited by a third party by providing evidence. Passive Income will stimulate transparency by providing the latest cutting edge tools to realize next level transparency and project insight.

To create additional insight for investors into presales and projects, Passive Income has developed a project auditing and scoring mechanism which gives an overview in presale and project ratings. All pre-sales within the launchpad can be filtered and sorted to assist investors with finding the presales which match their own criteria. This way investors can make better investment decisions.

In the current age of mobile devices being used more for crypto related activities, Passive Income has developed a mobile friendly, intuitive and responsive UI which can be accessed by anyone on any device. All features available on a desktop, will also work on mobile devices. There’s no need to be afraid of missing out on a presale or not being able to retrieve your presale tokens with Passive Income's PSI-PAD!

Our launchpad enables business minded and non technical people to create their own pre-sales and projects using modular and configurable presale and project templates. The code for these templates are audited which means that creating a project through the launchpad results in a project with audited code. Passive Income calls this an “out of the box audit”. The approach of enabling non technical project owners to create safe and reliable projects helps to reduce the risk of projects failing due to inexperience. In addition to template projects, the PSI-PAD also allows developers to use their own custom contract and token. Passive Income has delivered a launchpad which utilizes a streamlined and efficient user interface. This makes it easy for project owners to create pre-sales and projects within a few clicks and configurations. PSI-PAD will be the next big launchpad and Passive Income will continue to extend functionality to improve the safety, transparency and insight to remain the safest launchpad in existence. The PSI-PAD part of the whitepaper will be extended with future features when they get introduced.