WePad Review 2025 – What is WePad?

By Manisha Mishra

Last Updated: Jan 22, 2025

Co-author

By Shraddha

wepad

In a competitive landscape of crypto launchpads, WePad has been a sustainable platform that has helped launch several blockchain startups. The platform’s simplicity, and focus on Initial Decentralized Offerings (IDOs) have helped it build a community of over 100,000 members and counting. It also has a native token, $WWY, listed on crypto exchanges like MEXC and Gate.io.

This WePad review will focus on its launchpad services, breaking down the key factors in creating, launching, and marketing new crypto projects. From an investor standpoint, I will look at how you can join these, and earn extra rewards from staking the $WWY token.

Key Takeaways on WePad

  • Comprehensive Crypto Launchpad Services: WePad offers a robust platform for launching new crypto projects, with features designed to simplify fundraising and community engagement.
  • Impressive Track Record: WePad has successfully launched over 50 projects, including $CLAY and Matrix One, showcasing its credibility in the crypto space.
  • Staking Opportunities: Users can stake WePad tokens ($WWY) to earn rewards and gain access to exclusive project launches.
  • User Engagement: WePad integrates community-focused tools to foster active participation in project launches.
  • Why I Recommend Best Wallet as an Alternative: While WePad has solid features, I recommend Best Wallet as a superior option due to its broader project base, enhanced security measures, and greater ROI potential for investors.

What is WePad?

WePad is a crypto launchpad service controlled by WeWay that assists new blockchain projects to raise money from their community. Through Initial DEX Offerings (IDOs), the platform enables builders to create token sales to raise the funds required to meet project goals. WePad commits to helping builders secure funding, and over 50 projects have been funded so far. $CLAY on Polygon is an example of this, raising $300,000 from 920 participants.

WePad has a close partnership with DAO Maker, giving WePad users access to some of the blockchain projects from the DAO Maker ecosystem

Additionally, WePad offers a staking program, offering rewards to holders of its native token $WWY. Depending on the amount staked, and the associated lockup period, investors can earn up to 16% in APR. Close to 200 million tokens have already been staked.

WePad site

How Does WePad Work?

WePad mainly acts as a listing platform where a curated list of projects is offered to the community. Typically, launchpads are created with a listing framework open for submissions from prospective builders looking to raise funds. However, WePad focuses on curating a list of these projects and is more geared toward the investor as opposed to targeting applications from builders.

Users can choose from a list of upcoming projects like Legend and connect their crypto wallets to access the IDO. To participate, one must first stake the $WWY token 24 hours before the start of the campaign. WePad uses Metamask as its default wallet; however, Phantom and WalletConnect are also available. The WePad platform offers several staking pools, rewarding holders of $WWY with APRs ranging from 14% to 16%.

Legend on WePad

WePad Services & Features

Now that you have a better understanding of WePad, let’s take a look at the range of services it provides.

Launchpad

WePad’s primary service is its launchpad, which facilitates IDOs for new crypto projects. Unlike traditional launchpad platforms, there is no clear path for projects to list their tokens on WePad, and all IDOs seem to have been selected specifically by the platform. Irrespective of this, projects that have been chosen can raise capital from WePad’s community, through detailed project listings. To join an IDO, users must first stake at lesast 40,000 $WWY to be eligible for entry and for guaranteed allocation.

Each listing gives the would-be participant an overview of the company’s mission, roadmap, tokenomics, business model, and breakdown of the team members that are involved. Unlike other launchpads, WePad has a strong focus on team members, showing those involved, with links to their respective social media or LinkedIn profiles. This helps to add transparency, by allowing investors to see the people behind the IDO.

Launchpad details

The decision to be more selective on which projects are added to the launchpad may serve as a way of refining the quality of IDOs. Whilst crypto CEOs continue to question the regulation of the industry, this will enhance the level of security and trust in WePad, and help to protect investors from potential rug pulls.

Staking

In addition to the launchpad, the WePad wallet allows users to stake $WWY tokens to earn passive rewards and access tiered benefits. Staking on WePad has been designed to reward long-term engagement and commitment from participants. Users are required to lock their $WWY tokens for a specified period, and depending on the period, they can earn attractive annual percentage rates (APRs). In total, there are three tiers, Silver, Gold and Platinum. Silver has a minimum 3-month lock period and provides an 8% APR. Gold requires participants to stake for at least 6 months, and receive a 12% APR, with Platinum members earning 16% for a 12-month lock-up.

WePad staking requirements

Staking on WePad is easy, after connecting your wallet, simply buy $WWY, select the tier, and begin to track earnings and lock-up periods. This time requirement incentivizes holding a token for a longer period and strengthens the engagement on the platform. Whilst WePad does not offer any airdrop rewards, here are some of the top crypto airdrop projects.

Top Projects Launched on WePad

There have been a lot of successful IDOs launched on the WePad platform. Here are some of the main ones.

PVP – AI Gaming Ecosystem on Binance

PVP raised over 90% of its 150,000 USDT fundraising goal on WePad, from 317 participants. The project aims to build the world’s first gamer economy platform powered by GPT-4. By doing this, it hopes to bring together wealthy gamers like KSI, game developers, and content creators.

The ultimate problem PVP hopes to solve is connecting the current gamer community in a fragmented world of gaming that is spread across multiple channels. These include streaming platforms, social media platforms, stats, and NFT platforms. Based on the Binance Smart Chain, the $PVP token hopes to be the bridge between all these facets.

PVP Gaming

Matrix One – Solana-Ecosystem Token Making Human-Like AI Characters

For 0.0016 USDT per token, the Matrix One project was able to raise 145,733 USDT during its fundraising round. The platform enables the creation of human-like AI characters on the Solana network. Over 100,000 Solana wallets have been linked to this project, which aims to democratize the use of AI agents. At its peak, the token traded at $0.00582, which is a sizeable gain from its listing price. The $MATRIX token is the power behind the ecosystem, helping participants to navigate the M1 world.

Matrix one

Metropolis – Next-Gen Commerce Platform

A total of 920 participants helped Metropolis raise 300,000 USDT on WePad at a price of 0.03 USDT. The token which operates on the Polygon blockchain is a decentralized social commerce platform that focuses on the creator economy. It helps facilitate the sale of digital collectibles to real-world assets within this ecosystem. The $CLAY token provides access to staking, questing, and other additional membership benefits with the Metropolis world.

Metropolis token

How to Launch a Project on WePad

As mentioned above, there is no clear path to manually listing a project on WePad. However, should you be interested in being selected by WePad to join its launchpad, I recommend you submit a request on its website.

How to Join Crypto Launches on WePad

Whilst there is no clear way of manually listing your project, joining already listed or upcoming launches on WePad is straightforward. Let’s look at the steps involved in doing this below.

Step 1: Connect Wallet and Buy $WWY

The first thing you need to do is sign up and buy $WWY tokens. You do this by connecting your crypto wallet to the platform. Most users select BSC, however, choose whichever is better suited to you.

WePad wallet connect

Step 2: Stake $WWY

Once you have bought your tokens, you will now need to stake a minimum of 40,000 $WWY to be able to participate in any IDO. You must stake this amount 24 hours before the IDO you wish to join has started.

Step 3: Complete KYC

Next, you will be required to verify your identity through the completion of KYC. You need to provide your email address associated with your account, then upload a copy of your passport or driver’s license. After this has been completed, you will now be able to join IDOs.

Step 4: Join and Monitor IDO

So you’ve staked $WWY, completed KYC, and are now ready to join an IDO. Find a live listing on WePad, take a look at the information provided, and start allocating the funds you want to invest.

What Makes WePad Unique?

Unlike many IDO launchpads, WePad has taken a more proactive approach to curating the listings on its platform. Other launchpads typically allow anyone to make a submission to be listed, which can sometimes attract bad actors, and projects that are aiming to rug-pull investors. for example, Hailey Welch, who is behind the viral Hawk Tuah moment faced backlash after her meme coin lost investors capital after she sold the coin at its peak. By being selective of what goes on the platform, WePad aims to curtail such occurrences.

WePad ($WWY) Token

The $WWY cryptocurrency is the native token of WePad and the entire WeWay ecosystem.  WeWay hopes to provide the average investor access to high-quality Web3 projects, and not just institutional establishments. As a utility token, WePad gives those who stake a minimum of 40,000 $WWY access to their IDOs. Stakers are also rewarded for their commitment in the form of APRs, which currently range from 8% to 16%, depending on the lock-up period. As a result, engagement on the platform is maintained, with those who are active and committed in line to earn the most.

By staking $WWY, investors will be able to take advantage of an FCFS (First Come, First Served) model, that guarantees they receive access to allocations within IDOs.  As the round can last up to only 6 hours, fast entry and the ability to get a good allocation of the fundraising goal, will be the difference between a 100x and a 1,000x position. Currently, one $WWY token is priced at $0.00061, at a $2.4 million market cap.

$WWY token

Is $WWY a Good Investment?

As a utility token, it appears that the WePad coin will continue to be a pivotal part of the entire WePad and WeWay ecosystems. Those looking to find and participate in the next big IDOs will have to own $WWY to participate in funding rounds, meaning the current need for the token is high. However, due to the selective nature of WePad’s launchpad, should investors begin to lose interest in the tokens that are chosen, $WWY’s value and utility will likely fall.

Who’s Behind WePad?

Riduan Abdeselam Mohamed and Fuad Fatullaev are the co-founders of WeWay, which is the ecosystem that WePad is a part of. Based in Dubai, Fatullaev who comes from the oil and gas industry is the CEO of the platform, which according to research has up to 200 employees. As seen in the graphic below, Eugene Ipatko is another co-founder but does not seem to have an active role in the company besides his initial contributions. If you want to learn more about WeWay, you can follow the company on Linkedin.

WePad team

WePad Future Outlook – Roadmap

For the future, WePad is hoping to build on the current wins of the platform, and further expand into new territories. To start, there have been 12 successful launches on the WePad platform, with over 30,000 users verifying their accounts through KYC. The average amount allocated in IDOs per person is 365 USDT. In the future, we could likely see the launchpad implement a system where more projects can make submissions for launches, using the 12 past successes as a case study on the types of projects to partner with.

WePad stats

There are set to be four new listings on WePad, these are Skald AI, Legend, Arena Games, and Mad Backpacks. In total, they are hoping to raise over 400,000 USDT between them once the token sale begins. Looking at the bigger picture, WeWay is aiming to add more frameworks for rewarding its more engaged users by creating a blockchain-based raffle system that will offer weekly prizes in the form of USDT and physical gifts.

WePad Pros & Cons

From my research, I have found several advantages and disadvantages to WePad. Here are the main below.

Pros:

  • User-friendly platform for finding IDO transactions.
  • Commitment-driven rewards
  • Staking bonuses.

Cons:

  • Limited listings compared to more established launchpads.
  • Dependent on $WWY’s market performance.
  • No clear application process.

Is WePad the Best Crypto Launchpad?

No, WePad may not be the best crypto launchpad, but it is unique within a competitive landscape and offers an interesting way to access and remain engaged with IDOs. Participation within the ecosystem is the key to prospering, however, this may also limit its ability to scale in the future. Some investors may simply want to enter new IDOs and token sales as quickly and as easily as possible, without the requirement of staking.

One of the main competitors to WePad is Best Wallet. The platform offers an extensive list of mainstream cryptos and altcoins, cross-chain swaps, and has plans to build an NFT gallery. It has recently added a DApps iGaming Hub to its offering, supporting over 60 chains in the process. It is easy for projects to list on this launchpad, with tokens like Wall Street Pepe currently available for purchase.   Best Wallet highlights the most exciting upcoming tokens and provides investors with the opportunity to buy them at an early stage. This makes Best Wallet an ideal destination for crypto degens searching for the next 1,000 and 10,000x deals.

Best wallet upcoming tokens

To realize the rest of its roadmap, the Best Wallet team has launched a token sale to fund its own cryptocurrency, the $BEST coin. At the time of writing, the token is trading at $0.023975 current price and has already a total of amount raised. There is still time to join this presale before it ends, just follow the link below.

Visit Best Wallet

Conclusion

It is clear to see that WePad is a reliable platform for finding a curated list of top-value crypto projects.  The ability to stake $WWY adds utility to the token and provides engaged and loyal users the ability to earn extra rewards. Despite these benefits, $WWY has its limitations, and its lack of a listing protocol could impact its ability to attract the number of projects needed to keep investors in the launchpad interested.

See more:

FAQs

Is WePad safe for investors?

How can I buy $WWY tokens?

What are the staking rewards for $WWY?

References

  1. Hawk Tuah meme facks backlash over alleged rug pull (Cointelegraph)
  2. Robinhood and Coinbase CEOs say Trump to clear up-regulation (CNBC)
  3. KSI among richest gamers (BBC)

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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