Iteum has just launched the official announcement of the IDO ITHEUM occasion on Elrond Maiar Launchpad.
Token sale particulars
IDO will get area on March 28, 2022, this will be an chance for anyone to come collectively and accompany the venture in advance.
Find out far more about the guidebook to participate in the occasion: https://maiarlaunchpad.com/itheum/how-to-guide
- Total tokens for sale: 50,000,000 ITHEUM (equal to five% of the complete provide)
- Total calling capital: USD two,000,000
- Price per token: $ .04
- Total provide: one,000,000,000 ITHEUM
- Total preliminary circulating give: 166,250,000 ITHEUM
- IDO Form: Lucky Lottery
- Verification strategy: KYC
ITHEUM Token Details:
Lottery type information and facts
Iteum organizes a token sale in the type of a fortunate lottery. The venture will pick a random purchaser and record the participant’s EGLD stability, which will have to have to be staking or authorized to be eligible for acquire. Users have to have to download a wallet supported by Elrond and with EGLD readily available in the wallet, the sum of tokens assigned to just about every wallet will rely on the following hierarchy:
Users will have to have to acquire tickets applying EGLD tokens, which are equivalent to $ 200 USD.
Each winning ticket will get five,000 ITHEUM tokens and unselected ones will be refunded at the finish of the fortunate draw (this is a lossless lottery).
History of the IDO occasion
The neighborhood ought to note the following milestones:
- March 9, 2022: KYC verification portal open (at this time open).
- March 25: KYC verification portal closed, wallet deal with adjust will be disabled, EGLD holdings snapshot and determination of variety of eligible tickets for just about every wallet deal with.
- March 26: Eligible consumers will have 24 hrs to acquire lottery tickets.
- March 28: Stop offering lottery tickets, begin drawing and announce winning tickets.
Why did Iteum select Maiar Launchpad as an IDO platform?
Elrond’s Maiar Launchpad serves as a catalyst for exceptional items on Elrond. Maiar Launchpad will let tasks launched on it to entry good quality decentralized capital, although also acquiring entry to the huge ecosystem of traders and partners in the Elrond neighborhood. Maiar Launchpad has presented information and assistance in quite a few elements for likely younger tasks.
ITHEUM .token utility
ITHEUM is a governance token and plays an essential purpose in the Iteum network. Users have to personal ITHEUM to try out the intriguing attributes on Iteum’s Data DEX, as properly as on the complete platform. The primary objective of ITHEUM is to unlock entry to information and transactions and facilitate the administration of the DAO.
Users can also bet on ITHEUM to acquire voting rights in the Iteum Foundation (IF) DAO and information Alliance DAO by getting to be a information verifier.
About Iteum
Iteum presents a set of equipment that let you to website link substantial-worth information from Web2 to Web3 and so carry out peer-to-peer transactions devoid of any centralized intermediary. This will let consumers to retain their information protected and very easily join the Web3 and Metaverse information economic climate.
Find out far more about the venture: Twitter | Telegram | Website | Discord
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