Before we begin exploring what Lunaverse has to offer to the Terra ecosystem, we strongly encourage you to have a look at their brand new trailer depicting what to expect from their initial Las Vegas location to better help you grasp what concepts they’re presenting as well as how they will be incorporated into their unique metaverse, check it out here: https://www.youtube.com/watch?v=FN6CM_L-1CE&ab_channel=Lunaverse_io/
With the rapidly expanding Terra ecosystem, despite still being in its early stage, the adaptability and sophistication surrounding the Terra blockchain is already showing through, and with the latest addition of Lunaverse to Terra’s portfolio, it only reinforces that further. Which is why we’re excited to announce that the Lunaverse IDO will be taking place for exactly a week beginning the Monday at 31/01/2022 13:00 UTC to the Monday of 07/02/2022 13:00 UTC.
Lunaverse is a virtual world built on the Terra blockchain, a combination of 3d realistic city models and NFT properties linked to yield bearing deposits in DeFi protocols. Using the Unreal game engine in conjunction with Cesium (geospatial software), Lunaverse aims to create a high fidelity metaverse that can be accessed through a wide variety of devices whilst seamlessly integrating with Terra.
Featuring a full-blown Lunaverse character playable game on their roadmap, bringing your assets to your fingertips with interaction with Terra protocol projects in-game, and with a later Lunaverse 2.0, Building NFT owners will be able to mint new floor level NFTs for multistory buildings, providing a depth never explored by the metaverse concept before, furthermore, based on the features of your Building NFT, you’ll also be able to advertise, receive incentives for sponsorships of events and from developing.
So, Lunaverse prides itself on the concept of linking NFTs to DeFi protocols, so how does this work? Well, when a yield-bearing property (NFT) is purchased, 90% of the purchase is deposited into a specific DeFi Protocol that a certain property is based on (e.g Anchor Protocol). Then, the owner receives half of the yield from Anchor, with the other half being reinvested into the deposit.
Whilst not only allowing users to interact with DeFi protocols in an easy way through Lunaverse’s properties NFT system, there will also be plenty of opportunities to earn from playing with Lunaverse Play2Earn Model such as airdrops and other rewards. Before we move on, check out Lunaverse’s awesome trailer of what to expect featuring their Las Vegas location:
However, enough of the formalities, let’s get onto what you really need to know about this IDO!
IDO Details
Total Supply: 2,000,000,000
IDO Token Price: 0.04 $UST
Vesting: 10% TGE + 6 Month Linear Release
Platform Raise: 2,800,000 $UST
Token Ticker: $LUV
Blockchain Network: Terra
Total Supply: 2,000,000,000
Initial Token Circulation: 58,400,100
Initial Market Cap: 2,336,004 $UST
IDO Rules
Pay2Earn will be distributed to top performers across all factions, but will only be available to Players who keep their tokens staked into the next IDO
Recruits
Minimum STE: 250
Minimum Prefund: 300 $UST
Allocation percentage of total raise for this tier: 15%
Factions
Minimum STE: 3000
Minimum Prefund: 1000 $UST
Allocation percentage: 65% split amongst factions and squadrons
All Faction members receive a guaranteed allocation and have a chance to win an allocation based on the amount of lottery tickets they have
Squadrons
Minimum STE: 500
Prefund for Squadrons: 300 $UST
10 Squadrons per faction
As with Faction members, all squadron members will receive a guaranteed allocation as well as a chance to win the lottery
WhaleCraft
Top 150 wallets across all Factions will receive a guaranteed allocation.
Allocation percentage of total raise for this tier: 20%
No maximum prefund for the Lunaverse IDO!
How to Calculate STE:
StarTerra Energy(STE) = $STT(single asset) + ($STT-UST LP x 1.25)
For every 250STE You receive 1 ticket for the lottery portion of the IDO!
Early Bird Sale
Quick note for long time Lunaverse fans! Lunaverse will be performing an early bird sale for its earliest supporters on StarTerra for those that have been communicated with and have been selected by Lunaverse. If you’ve been selected, you must complete a KYC on our platform on time, if you haven’t already, in order to register. The early bird sale will run from 13 UTC 27th January and finish on the 29th at 13 UTC also.
With a revolutionary application of the Terra blockchain on the StarTerra horizon, we’re excited to see where it goes! More details such as IDO research page will be announced later on our various social media channels, but in the meantime check out this awesome trailer/demo released by Lunaverse along with their links here:
Website: https://lunaverse.io/
Twitter: https://t.me/lunaverse_io
Discord: https://discord.com/invite/lunaverse
Telegram: https://t.me/lunaverse_io
Litepaper: https://lunaverse.io/assets/pdf/LUNAVERSE_LITEPAPER_1.1.pdf
Lunaverse v1.1: https://www.ournfts.io/
