# Polypad

![](https://2033207239-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MYpHO-KKGH01xqe3SBp%2F-MZlswKwEmKTHzqQVBQO%2F-MZm2GlMXI8R6N_7I19J%2FPolypad-01.png?alt=media\&token=63008b0c-77c4-4ba1-88fa-5db14939ef4f)

## Overview

Polywhale is proud to announce the very first launchpad and token sale platform built on Polygon. The launchpad is called **Polypad**, and will be dedicated to incubating and accelerating new projects that are built on Polygon.\
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Our main goal with Polypad is to showcase the power of the Polygon Network. We aim to help new blockchain projects raise funds, bringing forward the most innovate solutions that are being built on layer 2. \
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Polywhale will serve an integral role as a strategic partner for all projects launched through Polypad. We cultivate long term partnerships and assist with marketing, growth, social media strategies and listing services.

### 🔥 New burns going forward

Polypad will be one of Polywhales most important mechanisms for burning KRILL consistently. There are several key fundamentals that need to be in place before we launch a project on Polypad. Underneath are some of the details about the main utilities behind Polypad.

### 🛠 Utility for KRILL tokens

Polypad will democratize access to investment opportunities for our users. The **KRILL** token will make it possible for our community to invest at the earliest possible stage in the most innovative solutions built on Polygon. No seed funding, private rounds and dodgy launches. \
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Fundraising for incubated project will be done utilizing KRILL. \
Polypad is one of many features that will create real utility for the KRILL token.

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❗️**The Polypad will:**\
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🔥Create a sustainable new burn mechanism that regularly burns KRILL.\
🔥Increase the demand for KRILL, as fundraising on Polypad will be done utilizing Krill.\
🔥Add new incentives to hold a certain amount of KRILL in order to get Polypad benefits.\
🔥Broaden the Polywhale ecosystem and farms, also increasing demand for KRILL tokens.
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### 💻 **Finishing the Launchpad interface on our website**

We want to improve the user interface of Polywhale before we launch Polypad.\
It is important that our user interface is optimized for ease of use, and that Polypad will be working flawlessly when we release it. \
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Polypad will be built with a robust foundation customized for scaling and mass-adoption.

### 📊 **Investment format for our community**

We are currently reviewing options and strategies for distributing fair Polypad allocations to our community from incubated projects. Tiered systems, FCFS systems, and NFT-based tiers are a few of the options we are considering. \
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Once we finalize the optimal strategy for making the Polypad fair and exciting for everyone, we will publish a detailed article of the Polypad fundraising structure.

### 🌏 **Benefits for projects**

Polypad will be a great way for innovators in the space to launch their projects and raise funds. All projects incubated on Polypad will be built on the Polygon network. From the get go, users will have the benefits of the cheapest transactions fees available on any decentralized network in the space.\
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The Polygon network enables a multitude of benefits for any type of project that handles micro-transactions. Those who build on Polygon now, have the benefits of being the first movers and creators of a range of utilities that are yet to be released in the Polygon ecosystem.\
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While these new projects and services are getting built, the Polywhale team will tailor to the needs of the newly incubated projects. Participants of our accelerator will be guided every step of the way, and Polywhale will serve as a strategic partner and advisor in terms of marketing, networking, growth-hacking and social media presence.

### 🧩 **Creating the Polypad framework**

In order to maintain the quality of projects incubated through Polypad, we will be creating a vetting-framework grounded in extensive research and fundamental analysis. Security is key in everything we do, and we will mitigate investors risk by implementing a strict fail-safe system for project reviews.\
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Every incubated project will have to pass a list of criterias and standards in order to get incubated by Polywhale and listed on Polypad. We will do our due diligence by vetting every project we incubate. Assessing risk, doing thorough background checks and having high security standards is essential in creating safe investment opportunities for our community. \
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Our primary focus as an accelerator is to bring forward the most innovative, trusted projects that create value and utility on Polygon. Our community will be included in assessing the level and quality of Polypad incubated projects.

### 🌱 **Get incubated**

Are you building a project on Polygon and want to raise funds through our accelerator? \
Do you have solutions to problems that have yet to be solved for users of the Polygon network?

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❗️Be ahead of the curve and apply to launch by filling out our [**incubation form**](https://forms.gle/BgvoAEJYSNtDWTYh6)**.** \
We have started reviewing projects.
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If you have any questions regarding Polypad, please contact us at: **launchpad@polywhale.finance**.\
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