Hypercent is a new launchpad which will be used to work round major challenges in building on the Kadena blockchain. This platform has recently been gaining traction in the market and offers opportunities to people who want to invest. Investors can become an integral part of a new ecosystem. Kadena has a new language for smart contracts called the Pact and is also a PoW/Layer 1 blockchain.
This new PoW model is called “Chainweb” and has many chains which are individually mined. These work parallelly and execute many network transactions. This makes it easy to leverage high transaction outputs at the base layer.
How pioneers in the Kadena ecosystem are supported
Kadena is a new kind of competitor in the PoS chain. It combines Proof of Work security with scalability and speed. The only issue is that there are very few Pact developers out there and not much code which is open source, to work with. Here is where Hypercent, a Kadena launchpad comes in. It offers leverage support to any developer who knows Pact to become a pioneer in this ecosystem.
Swaps will be done with the use of the Kadena native token to stake HYPE. This unlocks more advantages for the developer and offers higher chances to get IDO allocation. Developers can also access to the IDO vault along with the right to vote on what projects should be launched. Hypercent has a multi-token model which allows for fair allocation of resources. This is important in an environment in which every aspect is controlled via DeFi protocols. To make the IDO experience seamless, Kadena has introduced the Hypercent Wallet as well. This wallet lets uers call IDO contracts with the click of a mouse. They get tokens immediately and don’t have to pay for gas.