Why We Need Pumpad

Back to Users - The Value Base of Everything

The true success of a cryptocurrency asset typically hinges on its utility and user community. Identifying potentially valuable applications among a substantial Bitcoin user base isn't challenging, and Pumpad's purpose is to provide the foundation for such applications and introduce the earliest adopters. Pumpad believes that broader community coverage can introduce, review, and support quality assets, which, in turn, can promote community expansion.

Bitcoin Native on Top of BitLayer and BitVM

The Bitcoin ecosystem has rapidly evolved since its inception in 2008, showcasing advancements like BitVM technology on platforms such as Bitlayer. BitVM technology provides advantages to Bitcoin by enabling the execution of Turing-complete smart contracts and complex computations off-chain, reducing network congestion and enhancing transaction speed and scalability. This advancement broadens Bitcoin's utility, making it compatible with a wider range of applications, including decentralized apps (DApps) initially developed for Ethereum, propelling Bitcoin's relevance in the blockchain arena.

As of 2024, Bitcoin is undergoing a halving event, and the SEC's approval of a Bitcoin ETF has led to significant investment influx. This influx is spurring the creation of new assets on Bitcoin, necessitating the development of launchpads and airdrops for issuers and investors alike.