$PRIMAL IDO on Step Launch: How to Participate?

PRIMAL
3 min readNov 14, 2022

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PRIMAL will conduct a Public Sale on Step Launch (launchpad of Step App) starting on the 14th of November, 3 PM UTC. This article explains all you need to know to get in.

What is PRIMAL?

The 1st athlete fan token project with integrated Move2Earn. Represented by sports stars with millions of fans. Incubated by Step.App ($FITFI).

PRIMAL combines 2 massively successful markets in crypto: STEPN-style sports + Chiliz-type fan tokens

Onboarding the next billion users:

  • Connecting fans & celebrity athletes
  • Train & earn with any fitness device
  • Trade your favourite athlete fan tokens

PRIMAL works with Fitbit, Apple, Oura, Whoop & more, onboarding fans & 1bn fitness device users, with a clear tested strategy to acquire users at scale.

Get up to speed with what we’re building — check the top 5 resources on PRIMAL:
Market opportunity & fundamentals
Economy & Tokenomics
Partners
Twitter
Chat
Website

What is Step App?

Step App is the development protocol for FitFi (Fitness Finance). Step App achieved one of the year’s most successful IDOs — and PRIMAL is the first project incubated by Step App and launching on Step Network (blockchain for FitFi).

Step Launch’s research page provides business and tech insights on PRIMAL: Learn more

$PRIMAL Sale Details

Winning the IDO lottery on Step Launch will allow you to buy $PRIMAL tokens at a presale price: $0.0016 for 1 $PRIMAL.

For more information, feel free to visit the full research page or see below for a quick recap of the sale 👇

  • Ticker: PRIMAL
  • Blockchain Network: Step Network & BSC
  • Token Supply: 5,000,000,000 PRIMAL
  • Project Valuation: $8,000,000
  • Initial Market Cap: $484,000
  • Maximum Allocation: 1,000 (USDC)

Sale Participation Rules & Conditions

PRIMAL will be the first project to launch on Step Launch. This section explains all about the rules & how to participate.

Steps and Rules to participate:

  1. Only users who stake 1,000+ FITFI tokens are allowed to participate.

The more tokens you stake, the more tickets you get in the raffle. If the users unstake FITFI after receiving an allocation, they lose their vesting.

Here’s the guide on how to buy & stake FITFI:
- Buy: https://help.step.app/en/articles/6579328-where-to-buy-fitfi-tokens
- Stake: staking.step.app

If you do not have a crypto wallet, follow these steps:

a) Get a non-custodial Wallet. We strongly suggest MetaMask or Trust Wallet, Exchange Wallets are not supported.

b) Buy at least 1,000 FITFI on an Exchange of your choice and transfer it to your MetaMask Wallet or Trust Wallet on Step Network.

c) You can purchase FITFI on centralized exchanges (KuCoin, Gate.io, OKX.com, Bybit and others). We suggest Bybit or Gate.io as they have withdrawals directly to Step Network.

d) Create a Step Network wallet on Metamask or Trust Wallet, here’s a quick guide on how to do that and then enable Step Network: https://step.network/

2. Buy up to 1000 USDC on Step Network (to cover for the won allocation).

There are 2 ways to get USDC on Step Network.

Option 1: Buy it on StepEx: app.step.exchange

Option 2: Bridge your USDC from another chain via Multichain bridge: https://app.multichain.org/

3. Users sign up at steplaunch.org, connect their wallet with staked FITFI and pass the KYC to be eligible for participation in IDO.

4. When users apply for participation in the PRIMAL IDO, they will have to specify a preliminary amount that they are willing to participate in PRIMAL with a maximum cap of 1,000 USDC.

5. Applications for participating in the lottery are closed on November 24, at 3 PM UTC.

6. On November 24, Step Launch is holding an IDO with lottery mechanics.

We will then announce the lottery results and open deposits.

7. Claim $PRIMAL from the Claim Portal

If you win a $PRIMAL allocation on Step Launch and utilize it to buy tokens, you will be able to claim it in portions: 20% at TGE (shortly after the IDO) and the rest according to our token metrics — see Tokenomics.

Important Dates

— On November 14th, sale opens on steplaunch.org to register your interest for the sale.

— On November 27th, the raise amountis announced.

Later on, lottery results are announced deposits are opened.

IMPORTANT: The winners will be granted limited time to make a transaction in USDC on Step Network.

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PRIMAL

The 1st athlete fan token project with integrated Move2Earn. Represented by sports stars with millions of fans