To participate in SuiPad Academy, students will need to purchase $6,000 worth of SUIP tokens and stake on SuiPad throughout the 16 weeks of learning. SUIP is the Sui token on the Sui Network, with a total fixed supply of 100,000,000 SUIP. The initial circulating supply is 10,100,000 SUIP, with an initial market cap of $606,000 USD.

Both the seed and private sale rounds of SUIP are distributed over many different participants, creating the most fair token distribution on launch possible with no single entity holding large quantities of the supply.

SuiPad Shield is an insurance feature that protects user’s principal capital against volatility when investing in newer crypto projects. Unlike most launchpads/IDO platforms, SuiPad has engineered an insurance protocol mechanism to protect user’s principal capital. For example, if a user buys the IDO round of a launchpad project, they can choose to add 15% of invested funds to buy insurance. The insurance fee will then be sent to the SuiPad Shield Pool, which will cover any potential loss of the user’s principal capital for the next 7 days.

But SuiPad is more than just an IDO & INO platform. They believe in great teams and great products and are super excited to see projects with amazing communities. While there are many criteria to look at when selecting a project, they are most interested in great minds, teams, innovation, with all the checkboxes being checked. That’s why they have created SuiPad Academy, a 16-week full online Web3 coding boot camp that trains people to become Web3 developers.

SuiPad Academy offers a full-time, 16-week program that covers front-end and back-end technologies, computer science fundamentals, as well as Web3 development that includes SuiMove as the core. Remote classes are live and interactive and include one-on-one help, professional mentorship, opportunities to build real products, and frequent code reviews. They also help students find employment within the Web3 space by providing interview preparation, portfolio review, effective resume writing tips, and salary negotiation practice.

SuiPad is the first IDO & INO platform built on Sui, the first permissionless Layer 1 blockchain that caters to the next billion users in web3. SuiPad aims to bring the next blue chip on Sui and humbly welcomes every great project on other chains to build on Sui.

At SuiPad, they provide the complete solution together with their partners, including MystenLabs, in the area of tech stacks, code reviews, legal, audit, marketing, and product development support. They also offer a Zero-fee Launchpad for amazing tier 1 projects, giving participants the chance to get high rewards while also introducing SuiPad Shield to safeguard their principal capital.
In conclusion, SuiPad is a comprehensive platform that provides support to amazing tier 1 projects, protects users’ principal capital, and offers a full online Web3 coding boot camp to train future Web3 developers. SuiPad is paving the way for the next generation of IDO & INO platforms for the Web3 space.