If you missed our recent space, don't worry, here's AMA summary 👇
1. Why are all
$ORPD tokens minted and stored in two separate wallets?
-
$ORPD, a pioneering BRC20 token, was created to secure the 'ORPD' ticker, following the popular 'ORD' series. As the key token of our platform,
$ORPD is slated for the inaugural IDO on the ORDPAD platform. However, current market uncertainties have led to a postponement of our plans, though our commitment to the project's development remains strong. In response to user challenges in asset trading and transactions, ORDPAD has introduced an aggregator to simplify these processes.
- Questions have arisen regarding why
$ORPD tokens are stored in two distinct wallets. This arrangement is part of our robust security strategy, ensuring the safekeeping of the tokens. Both wallets are under ORDPAD's control, providing an additional layer of security and strategic management for our token holdings.
2. What are the benefits of holding the
$ORPD token?
- Holding
$ORPD tokens will offer exclusive advantages as we collaborate with various projects for IDO launches on our platform. Token holders will be privy to special perks, including guaranteed allocation in these IDOs, token airdrops, and potential dividends from the platform. The exact details of the benefits for
$ORPD holders are currently in the process of finalization. We advise you to keep an eye out for our official announcement, which will detail these benefits more comprehensively.
3. When can the minters receive token?
- All the tokens will be sent to the minters' wallets within 48 hours after minted out/mint ended.
4. What if the
$ORPD tokens are not minted out?
- If the minting is not fully completed within 48 hours after the starting of public mint, the remaining tokens will be distributed proportionately to all
$ORPD minters.
5. Why free mint stated but there was charges incurred during minting?
- We don't charge a minting fee, but we do have an inscribe transfer fee to cover the costs of distributing the minted tokens, which our team initially holds. The first mint is free, but a fee applies for further mints, all detailed on our mint page for clarity. The revenue from these fees funds our project's future development.
The inscribe transfer fee, applied to each mint, is there to support the token's base price and reflects our market cap of around $600,000, suggesting growth potential. We've noted a preference among some for paying miners rather than project owners. While we don't comment on this preference, we do consider how our approach benefits token holders in the long run.
6. Regarding rumors of our project being involved in a rug pull or scam:
- We are unsure of the origin or reason for these rumors. It seems there are attempts to undermine a project that has been developed through significant dedication and hard work. Clarifying, our current Twitter account was acquired from a previous owner in May 2023, not created anew.
This decision was made to meet the requirements for Twitter's blue tick verification, which necessitates an account to be at least three months old. If anyone was misled by the account's previous owners, we sympathize, but we cannot accept false accusations related to their actions.
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