# Platform For New Projects

**PLQPAD**, or PulseLiquid Launchpad, is a platform designed for new startups building on the PulseChain network. It provides an opportunity for PLQ token holders to allocate their tokens to projects based on the amount of PLQ they hold. The allocations will be distributed proportionally, allowing investors to participate in the growth and success of promising projects on the PulseChain ecosystem. PLQPAD aims to foster innovation and support the development of new projects by leveraging the community's investment and expertise through a fair and transparent allocation process.

**Tier System** \
Tier system under PLQPAD is a mechanism that rewards investors who hold more PLQ tokens. Depending on the number of PLQs held by an investor, different Tier levels are awarded, such as Gold, Silver, Bronze, etc. Each tier level has its own benefits and privileges in the allocation process on PLQPAD. For example, investors with a higher tier level may have access to a larger allocation pool, giving them a better chance of getting a stake in promising projects. In addition, investors at higher tier levels may receive preferential terms, such as lower transaction fees or larger rewards in the form of project tokens. The Tier system at PLQPAD is designed to motivate investors to hold PLQ tokens for the long term and reward them for greater involvement in the PulseChain ecosystem through access to additional benefits and opportunities to participate in innovative projects on PLQPAD.
