How to Participate in Pikaster IDO on MojitoSwap
Pikaster launches its IDO on MojitoSwap on the 29th of April,2022.
The IDO is divided into two rounds. The first round adopts a whitelist mechanism. Users can obtain a whitelist by completing tasks to participate in. https://gleam.io/ljcdI/pikaster-ido-whitelist
The second round is open to all.
What is $MLS？
MLS is the governance token in Metaland universe and will be applied in all the games.
The supply of $MLS is limited, with a total of 200,000,000 issued, whose value will represent the true value of the Metaland community. Holders of $MLSs will have the right of community governance and enjoy its value-added benefits with the development of Metaland; of course, this also involves certain risks.
IDO DETAILS
For IDO Round 1, there will be 1,000 whitelists. Complete all the tasks on gleam and you will have a chance to get into IDO whitelist.
Gleam: https://gleam.io/ljcdI/pikaster-ido-whitelist
For IDO Round 2, everyone can participate.
Round 1: 10:00 AM — 12:00 PM on 29th April (UTC). Limited Sale.
Round 2: 12:30 PM — 2:00 PM on 29th April (UTC). Unlimited Sale.
Whitelist Distribution
100 whitelists for Top 100 on gleam: TOP 100 on gleam can get into IDO whitelist based on entries.
900 whitelists for lucky draw: From April 23 — April 27, 180 whitelists will be selected randomly and announced on the Pikaster official Twitter every day.
If you are whitelisted, you need to prepare in advance.
Steps to participate in MojitoSwap Launchpad
Before Sale
1.Set up your wallet on KCC and connect your wallet to MojitoSwap.
The tutorial of how to set wallet on KCC
The tutorial of how to connect your wallet to MojitoSwap
2.Set up your own Profile and join a favorite team.
Note: This step cannot be skipped. Setting up your Profile and joining a team is required to get involved with the Launchpad.
It is an Entrance Ticket for participation.
At least 10 MJT is needed to complete STEP 2. (5 MJT for Profile & 5 MJT for joining a team)
3. Prepare enough MJT in advance. Click here to see how to buy MJT
Tutorial: https://docs.mojitoswap.finance/products/launchpad/how-to-participate-in-mojitoswap-launchpad
Note: There may be differences in the tokens required by different projects. Please refer to the project announcement.
During Sale
You can commit your $MJT to buy $MLS tokens at https://app.mojitoswap.finance/ido
If you decide to acquire MJT tokens before the IDO starts, you can stake them here to earn MJT token rewards while waiting for the sale.
After-Sale
- After the sale, users need to claim tokens within the specified time. Failing to claim it within the time limit will be regarded as a waiver of the eligibility to receive it.
- Users need to claim the MJT tokens that have not been withheld in time, and MojitoSwap will have the right to dispose of the MJT tokens that have not been claimed after the expiration date.
- There is a handling fee for the Unlimited Sale, and the handling fee will be dynamically balanced according to the oversold ratio.
Please note
The final USD price per MJT will be set a few minutes before the sale starts and will be broadcasted on the official channel.
An Explainer: What are the 2 different sale sessions?
Limited Sale ($45,000, 90% of Sale Allocation)
In the ‘Limited Sale’, users can contribute a MAXIMUM of $100 worth of MJT tokens.
The number of tokens available in this format will typically represent around 90% of the total sale.
Note that the final allocation you receive will still be subject to the total amount raised in this session, but the good news is you’re not battling any whales.
Unlimited Sale ($5,000,10% of Sale Allocation)
As the name suggests, the “Unlimited Sale” has no limits on the amount each person can contribute. However, this comes at the cost with a participation fee.
The number of tokens available in this format will typically account for 10% of the total sale.
Note: There may be differences in the MJT tokens required by different projects. Please refer to the project announcement.
In the ‘oversold overflow’ method, users can invest any amount of MJT tokens in participating in Launchpad at their discretion. The number of tokens a user ends up earning depends on their share of the total amount invested in Launchpad. After the sale, users can claim the purchased tokens, and get back the remaining funds (MJT Token) that have not been withheld.
In short, the more funds users invest, the more tokens they eventually buy. After the sale, users can receive MJT tokens that have not been withheld.
About Mojitoswap
Mojito Finance is a decentralized exchange running on KCC, with lots of features that let you earn and win tokens. It is fast, cheap and easily accessible as it is not difficult to use. It has currently opened Trade ,Bar (Farm) and Wine Pools.
About Pikaster
Pikaster is a community-driven metaverse created by Metaland, aiming to create diverse scenarios such as various games, social, entertainment, sports, etc to enable players to participate in and manage the ecology together and earn great financial rewards while gaining new experiences. Pikaster was founded in 2021 by a team with previous core members from Blizzard, and Supercell. Pikaster has received strategic investment from KuCoin and many other investors.
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