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FAQs for [PGF Launchpad]
Can I claim Launchpad membership rewards on more than one network? No you cannot since you only verify your membership via Discord on one network.
Can I fund projects individually? No, within the gDAO, projects are funded as a basket in equal amounts at once when you deposit into the platform.
Different regulations apply if you become a member of the PAN and become a recognised and qualified (AML / KYC) investor on the PEX.
Can my membership be revoked? Yes. If you are found to be in breach of any of our term & conditions, or other policies, or conducting suspicious or illegal activity, your membership NFT will be 'burned'.
Do I have to be a member in the PGF Lauchpad to also participate in the gDAO? No, gDAO participation does not require any investment the PGF Launch Pad.
Do I make any gains from being a Launchpad / gDAO member? Yes gains are distributed as membership rewards in USCD (stable coin) if and when a listed project is acquired on the PEX (PIPE Exchange)
Does my membership of the Launchpad or gDAO confer any ownership rights over the IP (intellectual property) in projects featured on the platform? No it does not. Those rights lie with the PIPE company on behalf of members.
How are my deposits secured from smart contract risks? The deposits are automatically sent to a multi-sig wallet managed by gDAO and PIPE team members and not within a smart contract.
This virtually eliminates the risk of smart contract exploits since deposits are not held within a smart contract.
How do get my Launchpad membership rewards? You must join our Discord server and verify your membership by following the established process for obtaining your 'PGF Launchpad Member' Role. Open a support ticket in Discord for assistance
How do I get ownership of the shares or equity for projects in the PIPE You can directly hold ownership of tokens relating to projects in the PIPE through either being a recognised investor within the PIPE system (having completed KYC and AML requirements) or indirectly through your holdings within the system itself as a recognised investor or indirectly through your membership within the PGF and / or it's Launchpad which is itself a recognised investor.
As a PAN member and contributor you can also accrue 'sweat equity' in specific projects within which you can hold equity directly when converted at the point of investment.
How do I use the Launchpad? You can find out how to use the test-net on our website here : https://www.thepipegdao.io/blog/introducing-the-pgf-university-rwa-ip-launchpad-alpha
How have you chosen which networks to deploy on? The networks were selected based on them having among the highest TVL (Total Value Locked) and adoption.
Ergo the EVM (Ethereum Virtual Machine) standard is the most widely adopted by both developers and users as it stands.
What benefits do I get for being an early adopter? Benefits include a 20% life time discount (NFT) on deposits on the up and coming Launchpad Beta product and other ecosystem fees, VIP event access and early adopter rewards .
What happens to my allocation of the PIPE projects when they are acquired on the PIPE exchange or raise more capital in an STO? Your allocation will be automatically sold and your gains will be distributed back you to in the PGF Launch Pad Pool
What networks can I access the Launchpad on? Avalanche, Arbitrum, Base, BSC(Binance Smart Chain), Polygon, and Optimism (Ethereum to follow shortly)
When can I withdraw my funds? After 6 months 50% of your funds will be eligible for withdrawal and after 12 months your full account balance will be eligible for withdrawal (subject to terms and conditions)
Will I get an airdrop of the gDAO token by supporting projects in the PGF Launch Pad? We cannot confirm any airdrops for regulatory compliance reasons.
Will I own equity in PIPE Projects? No, the equity will be owned by PIPE who will act as the trusted custodian for equity of projects allocated PGF Launchpad members
Will there be a token airdrop for members? Yes there will be an airdrop of the $gDAO governance token based on participation in the ecosystem and NOT the amount you deposit on the platform.
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