Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of CAKEPAD are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review CAKEPAD token by explaining what the coin is about, insights on the project listing the pros and cons, the supply and how legit/safe the token is for investment.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
What is CAKEPAD?
Cakepad is the first Blockchain incubator with a multi—chain Launchpad and multi-chain AMM Dex, Empowering the next big things in the blockchain industry. As the key to building and investing in The blockchain industry, Cakepad would focus on incubating the best Metaverse, Game, Launchpad, Swap, coins and micro—cap Projects, as we allow blockchain startups to build, raise funds seamlessly, and launch.
How Is the CakePad Secured?
CKP is an BEP-20 token built on binance smart chain, and a smart contract is a program that runs on the Binance blockchain and is supported by the platform. Smart contracts allow the conclusion of trust relationships, transactions and agreements between anonymous parties. This makes these processes transparent, secure, irreversible, and everything else can still be tracked.
There are 170,000,000.00 CKP in supply worldwide.
Pros and Cons of CAKEPAD
Pros of CAKEPAD
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website
Cons of CAKEPAD
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is CAKEPAD Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, CAKEPAD have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is CAKEPAD Safe?
Being willing to invest in any token is a question entirely up to you to answer. CAKEPAD token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about CAKEPAD on the comment section below. Don’t forget to rate and leave a review.