MultiversePad: Multi-chain Cross-chain Decentralized IDO Launchpad

What is MultiversePad

Friends, imagine if you want to do something in the blockchain world, such as investing in new projects, trading digital assets, or participating in some decentralized financial activities, you might need to shuttle back and forth between different “highways” (that is, different blockchain networks). MultiversePad (project abbreviation: MTVP) is like a multifunctional “transportation hub” and “service center,” aiming to become a decentralized one-stop platform spanning multiple blockchain networks (such as Ethereum, Binance Smart Chain BSC, Polygon, Harmony, Solana, etc.).
Simply put, it’s not just a road, but a complex that includes a variety of services, such as:

• Launchpad: This is a platform for incubating new projects, like a “startup accelerator,” helping promising blockchain projects launch their tokens to the public for the first time (commonly known as IDO, Initial Decentralized Offering). MTVP holders have the opportunity to participate in these early investments and usually receive a certain allocation.
• AMM (Automated Market Maker): You can think of it as a decentralized “exchange,” allowing everyone to conveniently trade different digital assets.
• Farming (Liquidity Mining): This is a way to earn yields; you provide your digital assets to the platform to help maintain market liquidity, and in return, the platform rewards you. MultiversePad’s mining mechanism is special: it does not reward by minting new tokens, but rather takes a portion from each transaction as a reward pool, and also has a burn mechanism, making its token deflationary.
• Lending: Just like traditional bank lending, you can lend or borrow digital assets here.
• NFT (Non-Fungible Token): This is a unique digital asset that can represent artwork, collectibles, etc. MultiversePad also plans to support this functionality.

In summary, MultiversePad’s goal is to let users experience multiple decentralized financial (DeFi) services in one place, and conveniently operate across different blockchains.

Project Vision and Value Proposition

MultiversePad’s vision is to build a truly decentralized, cross-chain, and fully functional ecosystem. The core problem it hopes to solve is the current “fragmented” state of the blockchain world, where different blockchain networks do not interoperate, and users face complex processes and high costs when operating across chains.
By providing a multi-chain and cross-chain platform, MultiversePad aims to lower the barrier for users to participate in DeFi and new project investments, making blockchain technology more accessible and convenient for more people. It especially emphasizes its Launchpad function, hoping to discover and support promising early-stage blockchain projects, giving MTVP token holders the opportunity to participate in the growth of these projects.
Compared to similar projects, MultiversePad’s features lie in its “one-stop” and “cross-chain” integration, as well as its unique deflationary liquidity mining mechanism, where rewards come not from token inflation but from transaction fees, accompanied by token burning.

Technical Features

The core technical feature of MultiversePad is its multi-chain and cross-chain compatibility. This means it can support and connect multiple mainstream blockchain networks, including Ethereum, Binance Smart Chain (BSC), Harmony, Polygon, and Solana. This design is like building multiple highways connecting different cities, allowing information and assets to flow freely between these “cities,” greatly enhancing interoperability.
In addition, the project introduces a deflationary mechanism. In the MultiversePad ecosystem, a small portion of each transaction is burned (for example, 0.05% of the transaction volume), which means the total supply of MTVP tokens decreases over time, potentially increasing its scarcity. Its liquidity mining (Farming) also adopts this deflationary model, with rewards extracted from transaction fees rather than token inflation, further reinforcing the deflationary nature of the token.

Tokenomics

MultiversePad’s native token is MTVP.

Basic Token Information

• Token Symbol: MTVP
• Issuing Chain: Currently mainly operates as a BEP-20 token on Binance Smart Chain (BSC), but will soon be introduced on the Polygon blockchain.
• Total Supply: The maximum supply of MTVP tokens is 200 million (200,000,000 MTVP).
• Inflation/Burn: MTVP tokens are deflationary. A small portion of each transaction is burned, meaning the total supply decreases over time.
• Current and Future Circulation: Early circulation is about 11.5 million MTVP. Other data shows a self-reported circulating supply of 60.7 million MTVP.

Token Utility

MTVP tokens play multiple roles in the MultiversePad ecosystem and are its core driver:

• Trading Activities: Used for various transactions within the network.
• Staking Collateral and Rewards: Used as collateral for staking and to earn staking rewards. Staking is like depositing money in a bank to earn interest, but here you deposit MTVP tokens, helping maintain network security and operation.
• Participate in Launchpad IDO: Holding MTVP is a necessary condition to participate in the platform’s new project Initial Decentralized Offering (IDO), usually with guaranteed allocation.
• Cross-chain Swap Base Asset: Used as the base asset for cross-chain asset swaps.
• Lending and Prediction: Used for lending and prediction market functions on the platform.

Token Distribution and Unlock Information

According to available information, MTVP token distribution is roughly as follows:

• Public Sale: 5%
• Team & Advisor: 15%
• Seed & Private Sale: 20%
• Marketing, Staking, Airdrop & Ecosystem: 55%
• Liquidity: 5%

Regarding the specific unlock schedule and mechanism, there is no detailed explanation in the current public information.

Team, Governance, and Funds

Friends, a project’s team is like the backbone of a company, and their experience and capabilities are crucial to the project. However, in the currently available public information, details about MultiversePad’s core members, team background, specific governance mechanisms (such as how voting decides project direction), as well as the project’s treasury and fund usage plans, have not been clearly disclosed. Usually, this information is detailed in the project’s whitepaper or official website, but we have not been able to directly obtain the original MultiversePad whitepaper, so this part of the information is relatively limited.

Roadmap

Regarding the detailed roadmap of the MultiversePad project, that is, the project’s future development plan and timeline, no clear and complete official version has been found in current public search results. Note that “MultiversX” roadmap appears in search results, but that is a different project, so please do not confuse them.
However, from some historical events, we can see some progress of the project:

• May 2022: MultiversePad launched on Pancakeswap.
• May 2022: The project conducted its first MTVP token burn event, burning 5 million MTVP tokens.
• February 2022: MultiversePad announced a strategic partnership with PayCoinCapital.
• The project also announced that other projects (such as CanaBoyz) launched on its Launchpad.

These historical events show the project is continuously operating and developing, but lack detailed descriptions of future specific plans.

Common Risk Reminders

Investing in any blockchain project comes with risks, and MultiversePad is no exception. Here are some common risks to be aware of:

• Market Volatility Risk: The cryptocurrency market is known for its extreme volatility. The price of MTVP tokens may be affected by market sentiment, macroeconomic factors, regulatory policy changes, and may rise or fall sharply in a short period.
• Technical and Security Risk: Although blockchain technology aims to provide security, technical risks such as smart contract vulnerabilities, network attacks, and system failures still exist.
• Project Execution Risk: The project team may not be able to realize its roadmap and vision as planned, or may encounter unforeseen challenges during development and operation.
• Liquidity Risk: If the token’s trading volume is insufficient, investors may find it difficult to buy or sell MTVP tokens at reasonable prices when needed.
• Regulatory Risk: Global regulatory policies on cryptocurrencies are still unclear and constantly changing. Future regulatory policies may negatively impact project operations and token value.
• Information Asymmetry Risk: Due to the inability to obtain the complete official whitepaper, some key information (such as team details, detailed technical architecture, full risk disclosure, etc.) may be opaque, increasing uncertainty in investment decisions.

Please remember: The above information is for reference only and does not constitute any investment advice. Before making any investment decisions, be sure to conduct thorough independent research (DYOR - Do Your Own Research) and consider your own risk tolerance.

Verification Checklist

For any blockchain project, here are some key pieces of information you can verify yourself:

• Block Explorer Contract Address: Find the MTVP token contract address on Binance Smart Chain (BSC), and use a block explorer (such as BscScan) to view token holder distribution, transaction history, and total supply.
• GitHub Activity: If the project has an open-source codebase, check its GitHub repository for update frequency, code commit records, and community contributions, which can reflect development activity.
• Official Social Media and Community: Follow the project’s official Twitter, Telegram, Discord, etc., to learn about the latest developments, community atmosphere, and team interactions.
• Audit Reports: Check whether third-party security companies have audited the project’s smart contracts; audit reports can assess smart contract security.

Project Summary

MultiversePad (MTVP) is committed to building a multi-chain, cross-chain decentralized one-stop platform, aiming to integrate Launchpad, AMM, liquidity mining, lending, and NFT DeFi services. Its core value proposition is to provide convenient cross-chain interoperability and offer MTVP token holders opportunities to participate in new project IDOs and earn yields. MTVP tokens are deflationary, with a burn mechanism reducing total supply through transactions, and liquidity mining rewards come from transaction fees rather than inflation.
However, it should be noted that we have not been able to directly obtain the official MultiversePad whitepaper, which limits our understanding of the project’s deep technical details, team background, and future detailed roadmap.
As a blockchain project, MultiversePad faces market volatility, technical risks, regulatory uncertainty, and project execution challenges. Although the project shows certain functionality and activity, investors should conduct comprehensive due diligence and fully understand the risks before considering participation.
This introduction is for informational purposes only and does not constitute any investment advice. For more details, please conduct your own research.