Borpa Update — The Exoskeleton
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Hey Borpas, it’s been a while since we had a little talk together. It’s been a lot of stress, but also a lot of love seeing all these new Futuristic and Cro-Magnon Borpas jumping into the adventure. Borpa Wizard is rumbling some cryptic stuff but I’m sure the grandpa is proud of each and every one of you. So let’s jump straight into it, shall we?
Update on the cult
Our last update was about 3 weeks ago when we just announced our awareness campaign through whitelist distribution strategy and we are very proud to say that you guys broke all our expectations.
In just 3 weeks, BorpaToken has grown to 110k+ followers on Twitter and 31k+ members on Discord. Your passion has made this hype possible, and we’re grateful to every Borpa out there who continue to vividly follow the absurd journey of our beloved small-butt creatures.
We believe the memecoin sector developed as a defense mechanism against a crypto industry that had perfected the art of extracting value from novice investors. Low-float valuation tokens, with most of the supply controlled by teams and insiders, created a setting where the community-centered approach of memecoins became increasingly attractive. But, naturally, this newfound attention on this hyped-up asset class also drew its share of bad actors. Most memecoins have a very short lifespan, often not even lasting an hour (I personally go for much longer, just ask my waifu pillow). They became a goldmine for con artists to propose low-quality projects while still collecting cash because:
‘It’s just a meme, bro, what did you expect?’
At BorpaToken, we love to study things, and it’s clear the current memecoin meta has a lot in common with the early days of the NFT mania. Right now, there’s an opportunity to build something intricate and thoughtfully designed to stand out from the crowd. We leverage from multiple catalysts to maximize the attention we can gather which allows us to create something worth celebrating.
Now it’s all about navigating a thin line between listening to our community while making the strategic choices that will amplify our noise. Allow me to walk you through the paths we’ve taken.
Guaranteed allocation
All the Borpas have to endure the pain of listening to my thick French accent during AMAs, but I just can’t help it, croissants are superior.
It’s always a pleasure for me to come and take the time to educate any lost souls into all the different choices we took to create a self fulfilling prophecy. Great vibes, great alphas, but there was always a little something killing the party: the overallocation of whitelists.
We initially thought overallocation would be a good backup idea to ensure a quick sellout. But since Borpa’s success is all thanks to your support, it’s only fair we listen closely to your feedback. Whitelists now guarantee an allocation of 35,714 $BORPA tokens. A big L for the jeets and flippers.
Halborn Audit
I know we are getting annoying about it, but please let me tell you one more time: Borpa is a very big technical accomplishment 🗣️🗣️🗣️.
It’s cool to smoke some weed, taking the time to imagine the perfect framework for a successful go-to market strategy, but trust me it’s less cool to develop the actual framework into reality. BorpaToken wouldn’t be possible without the technical support of our partner Entangle who invested 9 full-time devs into making our project a success.
Coding everything in Solidity, in Rust, and functioning in an omnichain flavor requires significant efforts but also create significant risk. Borpa is proud to have partnered with one of the leading auditing firms of the space, Halborn. They will make sure your hard earned money is safe from Lazarus attacks.
NGL stakers
As the tokenomics weren’t complex enough, we decided to add bit more of spice and do some little modifications. We just discussed above how Entangle is a critical partner permitting all of you guys to go crazy on the underlying framework of the BorpaToken project, it feels more than fair to reward and onboard their community. 6% of the total $BORPA supply was reserved for the Webverse NFT stakers. Now the rules changed a bit to include $NGL token stakers.
4% of the total supply is reserved for Webverse NFT stakers and 2% is reserved for $NGL stakers. It’s 1AM here, please don’t force me to do the math, just dive into this article.
New timeline
And the most anticipated update for the last, BorpaToken is very proud to present a… delay!
Yeah I can already hear the gorples booing in the background, but yeah let’s get serious for a bit. We’re closely working with our partner Halborn to make sure we can propose you a smooth omnichain experience. From their estimation they should have reviewed all our contracts by the 28th May.
Delaying our launch by a few days would allow us to correct all the potential vulnerabilities they may find.
Timeline Overview:
- Whitelist Sale Duration: June 5 — June 8*
- Overflow Sale Window: June 8 — June 15*
- Period of Waiting: June 15— June 19*
- Claim Open: June 19*
- TGE and Financial Game Launch Date: June 19*
*BorpaToken reserves the right to adjust the public sale and TGE/Financial Game launch dates if market conditions at launch are not favorable, blablabla please god let me launch this project.
