Terra Land X StarTerra IDO Details

GameSwift
3 min readOct 25, 2021

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As previously stated, the Terra Land IDO registration will commence on October 27th at 18 UTC, and registration will close on October 31st at 18 UTC!

StarTerrans,

A new mission is being broadcast across space where we have discovered a rich hidden territory containing a new exotic gem called Terra Land. Our WhaleCraft is already in route as the gems location is just outside the Loop quadrant! Weary travelers will come to find rest and comfort in exclusive Land sales on Terra which can be acquired only with the Terra Land Gem! New recruits are encouraged to join Terra Land, our next IDO Mission, as this will be a battle for the ages!

What is Terra Land?

Terra Land allows you to purchase the property you’ve always dreamed of around the world without ever leaving your place! Terra Land allows you to partake in the equity sale of real estate through its Global Trading platform based on Blockchain Technology. Terra Land will enable the purchase of shares in select properties around the world using $UST, ranging from one unit of a given apartment to all available apartments in a given property. The security and Automation of the process ensured by blockchain Technology and Terra Land’s smart contracts ensure the entire process will be fully automatic, remote, and safe. The decentralization of the process allows users to purchase properties using $UST and diversify their real estate portfolio geographically. Token holders’ assets are an electronic equivalent of the given real estate equity which the investor can convert into real shares of the property at any time!

IDO Metrics

IDO Token Price: 0.09 UST

Vesting: TGE 20% + 6M daily linear

Platform Raise 800,000 UST

Token Metrics

Ticker: TLAND

Blockchain Network: TERRA

Token Supply: 100,000,000

Project Valuation: 10,000,000 UST

Initial Token Circulation: 6,250,000

Initial Market Cap: 625,000 UST

StarTerra Platform Raise: 800,000 UST

STT Staker Exclusive Airdrop

Between now and the start of the IDO There will be a snapshot of $STT Stakers(SAS+LP) and those players staking more than 250STE worth of tokens will receive a Terra Land airdrop post TGE to be claimed on Terra Land’s website!

Terra Land X StarTerra AMA

We will be conducting an AMA with Terra Land tomorrow on our telegram chat on October 26th at 18 UTC. Join us and if you would like to have a question answered, please fill out the following form where you may hear your name and question be mentioned and answered Live!

https://docs.google.com/forms/d/e/1FAIpQLSde1GBrA2JpFgbQtb_eRmYDxkxukvlpozc7DB93pmAqwTDU9Q/viewform

Tier Adjustments for Terra Land

With our goal to perfect our IDO processes, we wish to maintain flexibility while taking feedback from the community and players. As previously stated we may slightly alter the rules to best enhance the player experience dependent on fundraising size! There have been slight adjustments made based on the feedback we’ve received so far.

Recruit Tier minimum: 250STE(Stays the same)

Squadron(Squad) Minimum: 500–2999STE (Changed from 250STE Minimum)

Squad Max Participants: 15 Players, no maximum STE(Changed from 15000STE Maximum)

Faction Minimum: 3000STE(Stays the same)

WhaleCraft: Top 100 players across all factions(Stays the Same)

STE = $STT + ($STT-UST LP x 1.25)

The exact allocations amounts for the Lottery Based Portion and WhaleCraft allocations will be announced just before the start of the IDO.

For more information on the Terra Land IDO, please visit our research page: https://app.starterra.io/project/terraland

Also, be sure to check out Terra Land links for more info on this project:

Terra Land Website

Terra Land Twitter

Terra Land Ann Chan

Terra Land Telegram

Terra Land Medium

To the Territory of TerraLand and Beyond,

StarTerra

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GameSwift

A one-stop ecosystem based on a web3 gaming-optimized chain. #GameChanger