Skate Chain Token Offering Coming Soon on Unitypad Private Members Club

Deals

Haniah

Sep 5, 2024

Introducing Skate: Unifying a Multi-Chain World with Stateless Apps

Skate is pioneering the next wave of decentralized applications with a dual-arm strategy to overcome the core challenges of blockchain scalability and fragmentation. With Skate, we are building the infrastructure for stateless apps that can seamlessly run across thousands of EVM and non-EVM chains in a unified state. Our DeFi arm, SkateFi, drives innovation in on-chain market-making and asset management.

Token Offering Details:

KOL Round
Allocation: KOL Round
Price: $0.0165
FDV: $165M
Vesting: 20% at TGE, a 6-month cliff, and linear 6-month vesting
Pool open: September 9th on Unitypad

Solving the Problem of Application Fragmentation

As the blockchain ecosystem expands, with over 1,000 chains expected in the future, the current monolithic design of applications leads to fragmentation, inefficiency, and silos. Skate addresses this problem with an intent-centric application design that leverages pre-confirmations secured by EigenLayer, achieving a unified state across all chains. This approach enhances app functionality and chain interoperability, setting a new standard for decentralized applications.

Key Innovations of Skate

Stateless App Infrastructure

Enables applications to run on thousands of chains with a single state, eliminating fragmentation and inefficiencies.

Intent-Centric Design

Focuses on user intent rather than specific chain interactions, simplifying the user experience.

Pre-confirmations with EigenLayer

Secures transactions and ensures consistency across multiple chains.

On-Chain Market Making (SkateFi)

Provides a decentralized platform for efficient asset management and trading.

Single Liquidity Bitmap Concentrated Liquidity AMM

A game-changing AMM model for enhanced liquidity efficiency.

zkTLS Integration

Leverages Skate's AVS as a Verifier for secure and private transactions.

Problems Solved by Skate

Application Fragmentation: Provides a unified state across multiple chains, enabling seamless app functionality.

Scalability and Interoperability: Facilitates efficient and secure communication between different blockchains.

Complexity of Multi-Chain Development: Simplifies development for applications operating across various chains.

On-Chain Asset Management: Offers a comprehensive DeFi platform for efficient asset management and trading.

Business Model

Skate's business model revolves around empowering developers and users to build and interact with stateless applications across multiple chains. The platform generates revenue through:

Transaction Fees: Fees are collected for transactions and interactions within the Skate ecosystem.

Subscriptions: Potential future revenue stream from premium features and services.

Partnerships and Integrations: Collaborations with other blockchain projects and platforms can lead to additional revenue streams.

SKATE Token Utility

Gas Fees: SKATE is used to pay for transaction fees on the network, ensuring smooth operations and incentivizing network participation.

Governance: SKATE holders have a say in the platform's development and decision-making through decentralized governance mechanisms.

Staking and Rewards: Users can stake SKATE tokens to earn rewards and participate in network security.

Access to Premium Features: SKATE may be used to access exclusive features and benefits within the Skate ecosystem.

Skate Roadmap

Meet the Team:

Skate's core team brings experience from Altonomy, a leading market maker and OTC trading firm.

Backers

Seed Investors: Hashkey (co-lead), Nomad (co-lead), Mirana, Comma3, Symbolic, Mantle, Spark Digital, Asymm.

Angels: Polygon, Manta, Zetachain, Axelar, Vertex, Pendle, Biconomy, Pontem, Navi, Galxe, A41.

Learn More:

Website: http://skatechain.org/
X (formerly Twitter): https://twitter.com/skate_chain
Docs: https://docs.skatechain.org/
WhitePaper Draft: https://docsend.com/view/upmsnztimmptnav2
Nollie Testnet: https://nolliescan.skatechain.org/

Secure Launch Process

This Private Members Club offering is for a KOL Round allocation of the SKATE token. Anyone member wants to join can apply, but application does not guarantee an allocation.

As always, members with Locked $UPAD of at least 500,000 can receive a guaranteed allocation provided that individuals (and entities) pass KYC (jurisdictional restrictions apply). Token allocation depends on your tier. Any unclaimed allocations after the initial funding round will be offered to members who might otherwise be ineligible.

Visit the Unitypad Dashboard to check your tier. You can add more UPAD to increase your tier. To learn more about Locking, read our comprehensive blog post.

Participation and Allocation

KOL Round is open members not domiciled in the USA or UN-sanctioned countries. Allocation is based on your tier score and KYC verification.

Disclaimer: All UnityPad private member deals are created by members and not by Unitypad. Unitypad acts as the marketing platform. Unitypad private deals dates and details are subject to change. This is not an endorsement, partnership, or offer for investment by any entity. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.