BuidlPad is a special existence, born from the former ICO god @coinlist, which later performed poorly, leading to the former CMC CEO @ErickNomad starting this project.
I previously asked him, what frequency do you aim to achieve for ICOs? He said, if there aren't good projects, then it's fine not to launch at all. At the @Buidlpad platform, you can say the KYC process is too difficult and unfriendly for some users, and you can also say the product still has a lot of room for improvement. However, anyone who has collaborated with Erick praises his industry aesthetic, professionalism, and character.
Currently, the platform's second phase launch is @SaharaLabsAI, which has already achieved a 60% premium on the whitelist in just one day.
Earlier this year, their first project @Solayer_labs made a splash in the market as soon as it went live.
The ICO price of Solayer was $0.35, raising around $10 million in public financing, which at the time was categorized as 'slightly high market cap, hard to judge.'
But the result was:
Within less than a month of launching, it was listed on Binance, and then it landed on many Tier 1 exchanges, reaching a peak price of $3.28, resulting in a 930% return on investment in just over 70 days.
Of course, Solayer didn't rise straight up from the start; it did experience a dip at the opening, for a simple reason: early users cashing out, valuation disputes, and the market not being hot enough. However, this drop actually washed out some short-term chips, laying the groundwork for later gains. Compared to the previous IDO price, as long as you didn’t buy at the peak, you basically made a huge profit.
From narrative to cashing out speed, it completely fulfilled the expectations of a 'top-tier public offering.'
You must understand that at that time, IDOs for general projects were very low. But Erick’s choice is always to opt for the best possible candidates that could emerge as leaders, rather than looking for short-term cheap options. Solayer came out directly with a 350 million FDV, and the public was in a wait-and-see state, never expecting that it would later peak close to a 7 billion market cap.
So everyone was waiting to see the second project, but BuidlPad did not take advantage of the heat to reap rewards. Instead, it took a full 5 months before the second project was released—@SaharaLabsAI.
During this period, @BuidlPad also launched the emerald card for Solayer that I mentioned in a previous tweet. It not only brings a 4% deposit return but also allows users to earn @Solayer_labs points and additional rewards from partners when spending with the card.
Additionally, users who have passed KYC at @Solayer_labs and have the emerald card can directly access the sales interface of @SaharaLabsAI without needing to do KYC again.
It can be seen that @BuidlPad is not only carefully selecting projects but also truly empowering the 'high IQ user group' through a series of mechanisms—privilege cards, community incentives, project participation—deepening the binding of the platform and community to build a high-quality ecosystem of long-term participation and shared prosperity.
Lastly, it’s worth noting that @BuidlPad adheres to a 'better to have less than to have a lot' approach. Each project and batch of user qualifications is not just casually thrown out as benefits. Instead, they are meticulously selected, and only after filtering and establishing user trust qualifications is the signal released.
Because of this, what they produce is not just hype, but special projects that possess structural and long-term value time and time again.