ivendPay Private-2 Sale Details

Synapse Network
4 min readDec 13, 2023

Hello everyone and welcome to Synapse’s latest project announcement.

We are proud to reveal our collaboration with ivendPay, a payment system that allows accepting of crypto through POS terminal, vending machine, API and mobile app available at google store or app store.

Something has finally changed on the crypto market, although there is still a certain amount of uncertainty among investors, and projects are still wary of the future. Still every sales rounds and listings is a huge challenge and stress, both for the project and for the launchpad that helps raise the funds necessary for the project to succeed.

The number of projects that decide to take such a bold step is steadily declining and each team coming to us asking for support in their initial growth phases is repeatedly checked by our experts and heavily scrutinized by our advisors.

However, when the ivendPay team showed up at our doorsteps, we knew we had something good in our hands, a breath of fresh air in a stale environment and something that many crypto and digital world users felt was sorely missing in our space.

Therefore, without hesitation, we took up the challenge of helping them express their full potential in a period of difficult market conditions and we are pleased to present this project as the latest addition to our long list of launchpad entries.

We believe that just like our team, our community will also be pleased by what this project can offer, and if there are any doubts about their industry backgrounds we are happy to say that each member of ivendPay comes with heavy credentials and a fully public roster.

Below you will find everything you need to know to participate in their Private-2 Sale Round on the Synapse Network launchpad.

In the following weeks, we will keep updating our users on our next steps, and what new possible partnerships are coming our way so stay tuned to all of our announcements and media channels and be ready to participate in our next launch.

Timelines:

  • 14.12.2023 9 AM UTC — Whitelist start (mandatory for non-SNP stakers): https://gleam.io/OaMCR/synapse-network-ivendpay-private2-sale
  • 14.12.2023 9 AM UTC — SNP stakers can start to register their interest in the guaranteed allocation
  • 18.12.2023 9 AM UTC — End of time for Whitelist and for interest registration
  • 18.12.2023 7 PM UTC — Whitelist Announcement, publication of allocation size, KYC for Whitelisted start
  • 20.12.2023 9 AM UTC — Sale Start
  • 21.12.2023 9 AM UTC — Sale End
  • 21.12.2023 10:30 AM UTC — FCFS Sale for SNP stakers
  • 21.12.2023 11:30 AM UTC — FCFS Sale for everyone (KYC after the sale)
  • 22.12.2023 10:30 AM UTC — FCFS Sale ending
  • 23.12.2023 9 AM UTC — Return of overallocated unused funds

Sale details:

  • Round — Private-2
  • Price per token — 0.025$
  • Platform allocation — 50 000$
  • Gleam competition whitelist allocation — 100$
  • Gleam competition whitelist allocation— number of winners — 45
  • Gleam competition free allocation — 100$
  • Gleam competition free allocation — number of winners — 5

What is ivendPay?

A simple way to start accepting crypto. Streamlined process makes it simple and hassle-free to get started. Say goodbye to complex setups and hello to the world of crypto with ease.

Fast access to crypto payments for your business with powerful tools. Download a simple and user-friendly app to accept payments in more than 40 cryptocurrencies. You can have a portable crypto PoS machine in your pocket! Integrate cryptocurrency payment options seamlessly into your online business with just a few clicks. Effortless for both you and your valued customers. The smart vending machine helps you increase sales. Restful API integration will cover every need of your business.

ivendPay connects merchants and customers. Businesses accepting crypto payments are reaping the benefits.

Platform supports multiple cryptocurrencies, providing you with a diverse range of payment options. With multicurrency support, you can easily accept various digital currencies for your products or services, giving your customers more flexibility and convenience when making payments.

On our part, we thoroughly reviewed the project, team, roadmap, and tokenomics and had many fruitful meetings — we believe in this project. If you would like to learn more about it, which we encourage you to do, please read their whitepaper.

And visit their website: https://ivendpay.com/

For more information:

ivendPay Medium

ivendPayTelegram

ivendPay Youtube

ivendPay X (old Twitter)

And always remember to not invest before you DYOR about the project!

What does the investment process look like?

There are two options for this:

- having tickets for the platform (guaranteed allocation).

- winning the Gleam competition, which is open to everyone. Here 10% of the investment pool is allocated to the winners. There is no overallocation here — it is reserved for our stakers.

For both options, you need to pass the KYC process.

We give everyone the opportunity to reach the required tier for investment until the end of the registration. Everyone has to enter the platform and express interest in participating in the investment before this date.

How can you invest?

You will be able to invest in 15 networks (more networks to come soon):

  • Ethereum
  • Binance Smart Chain
  • Polygon (Matic)
  • Avalanche
  • xDAI
  • KCC
  • Fantom
  • Huobi
  • OEC
  • Arbitrum
  • Harmony
  • Moonriver
  • Cronos
  • IoTeX
  • Optimism

You will be able to invest with multiple stablecoins:

  • USDC
  • USDT
  • BUSD
  • fUSD

About Synapse Network

Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto markets. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.

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