The next phase of TrustPad: Integrating Solana blockchain to make the launchpad experience ultra fast, low cost, and true to our original vision: seamlessly multi-chain.
We are absolutely thrilled to announce our Solana integration on TrustPad.
This deployment enables TrustPad to launch projects on the Solana blockchain, and for participants to be able to participate in Solana launches on the TrustPad launchpad platform.
This important milestone will unlock significant cost efficiency, scalability and interoperability for the TrustPad ecosystem as a whole. On top of this, we have partnered with teams in the Solana ecosystem to increase the number of quality Solana projects coming through to TrustPad.
Solana went live in March 2020, yet it has already positioned itself as one of the leading blockchain networks, with a total market cap of about $72 billion.
Solana is designed to achieve high network operability with extremely low transaction costs using its combined “Proof of Stake” and “Proof of History” consensus algorithms. This tech stack is set up to overcome the scalability issues of networks like Ethereum, which depend on a volatile network fee for their block fixing mechanism.
TrustPad IDOs will be fully compatible with the Solana blockchain in the near future.
Solana Launches on TrustPad is Already Here
We have three upcoming Solana IDOs in November. You can find them here.
What is Solana?
Solana is an open source project implementing a new, high-performance, permissionless blockchain. The Solana Foundation is based in Geneva, Switzerland and maintains the open source project.
TrustPad has been founded to aid the growth of the blockchain ecosystem in a safe and sustainable way. TrustPad is proudly partnered with Tokenova, AU21 Capital, X21 Digital, Momentum 6, Lupa X Capital, GD10 Ventures, Genblock Capital, ExNetwork Capital, Twin Apex Capital, 4SV and many more.
TrustPad is different to other launchpads. A ‘quality not quantity’ approach ensures that projects launched through TrustPad have real long term value. This will provide the TrustPad community with sustainable development, attracting a larger community for both $TPAD and the projects launched on the platform.