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Home Crypto News

Avalaunch launches IDO YAY Games

August 21, 2021
in Crypto News
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Avalaunch launches IDO YAY Games

In response to the community’s anticipation, Avalaunch will launch its 1st sale, YAY Games.

YAY video games overview

YAY Games is a entirely decentralized gaming marketplace with an modern in-game mining method for network participants though taking part in in a entirely decentralized method.

On this platform, participants can earn cryptocurrency from:

  • Mining in the game
  • agriculture
  • Trade

With the greatest aim of popularizing DeFi and cryptocurrency adoption, YAY will allow all people to love the positive aspects of fiscal innovations in the most interesting way doable.

Sale, provide and distribution of tokens

  • August 23 – TruePNL – $ 25,000
  • August 25 – Poolz – USD one hundred,000
  • August 28 – Avalaunch – $ 250,000
  • August thirty – SuperLauncher – $ 175,000

Sales rounds

  • Seed: 80,000,000 YAY at a rate of .005 USD
  • Strategic: 75,000,000 YAY at .006 USD
  • Presale: fifty five,000,000 YAY at a rate of .009 USD
  • Public IDO: 50,000,000 YAY at $ .011

Supply and Vesting

Total provide: one,000,000,000 YAY

  • Mining in the game: 185 million YAY – 90 days of blocking, five% then two.five% month-to-month
  • Agricultural reward: 160 million YAY – 90 days of lockdown, five% then two.five% month-to-month
  • Ecosystem: 140 million YAY – block for 90 days then two.five% month-to-month
  • Team: one hundred million YAY – Blocks 180 days then four% month-to-month
  • Marketing: one hundred million YAY – two.five% month-to-month release
  • Seed round: 80 million YAY – ten% to TGE then six% month-to-month
  • Strategic Round: 75 million YAY – ten% at TGE then seven.five% month-to-month
  • Presale: fifty five million YAY – thirty% at TGE then 14% month-to-month
  • Audience: 50 million YAY – thirty% on TGE then eight.75% per week for eight weeks
  • Liquidity: thirty million YAY – 50% to TGE, 50% for potential quotations (Lock-up time period – twelve months for Pangolin – some others to be defined)
  • Airdrop for Holder: 15 million YAY – block of 180 days, 25% month-to-month for four months
  • Community Events: ten million YAY – two.seven% month-to-month release

Open for sale on Avalaunch

The necessary volume of XAVA staked, to earn the optimum allocation, depends on the complete volume of XAVA staked. Once curiosity is registered on the staking platform, this variety will be supplied. Please note that Avalaunch will publish an announcement in the coming days on the design and style and performance of the staking framework.

YAY Games IDO will consider location in Avalaunch on August 29, 2021 at 01:00 (Vietnam time). The sale will final twelve hrs, every single of the three phases lasting four hrs every single.

Avalaunch Distribution open sale

  • 85% of income will go to the stakers of the XAVA neighborhood
  • ten% will be reserved for the validators of the Avalanche network
  • five% will be reserved for the public

The little rounds for validators and the public are a way to say thanks to supporters of the Avalanche network and a way to welcome individuals who may possibly be interested in the ecosystem.

Details of YAY’s sale on Avalaunch

  • Quantity: ~ 22.72 million YAY
  • Price: .011 USD
  • Size: 250,000 USD
  • Rate – thirty% at TGE then eight.75% weekly for eight weeks

Other notes

  • Total public round (across all platforms): 50 million YAY
  • YAY exceptional provide in advance of TGE: 47 million YAY
  • Public ripening – thirty% at TGE then eight.75% per week for eight weeks
  • one day market place cap (primarily based on latest giving): $ 564,000
  • Total really hard cap: one,895,000 USD

Join the group Avalaunch Vietnam to acquire the most recent notifications.

Maybe you are interested:

  • Avalaunch launches the Vietnamese neighborhood
  • Presentation of the Avalaunch Farm plan
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