PrimeACE Launchpad

Fusionist ๐Ÿ›ธ๐Ÿ‘พ
4 min readMar 23, 2024

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Summary

  • Stake $ACE in Launchpad to receive $PeACE and ACE Avatar
  • ACE Avatar is a non-standard ERC-404 NFT issued by Fusionist based on ACE Arenas game characters
  • ACE Avatar and $PeACE (Prime ACE) are released in a bound 1:1 ratio, with a limited supply of 10,000 units
  • Owning an ACE Avatar could grant access to the ACE Arenas beta test
  • A brand-new NFT Redeem mechanism, NFT floor price is guaranteed

Launchpad Details

Initial hard cap for each wallet address is 2.5$PeACE. When users hold Fusionist NFTs, it will increase the hard cap limit for $PeACE

We will take the snapshot for NFT holders, and the address in the WL will be given priority in allocating $PeACE from the NFT Whitelist pool.

200 $PeACE and 20,000ACE will be used in the initial Liquidity pool.

How to participate in Launchpad and obtain $PeACE and ACE Avatar

  • Stake $ACE to obtain $PeACE, it will be distributed hourly with a mining period of 48 hours
  • Each $PeACE obtained also generates one ACE Avatar, with 10,000 $PeACE corresponding to 10,000 ACE Avatars

Launchpad Process

  • Period

Start stake: March 26, 2024, 07:00 UTC

Subscription Period: March 27, 2024, 07:00 UTC โ€” March 29, 2024, 07:00 UTC

Final Token Distribution: Before April 1, 2024, 07:00 UTC

  • Launchpad Interface
Launchpad Develop Screenshot
  • Launchpad Steps:

Once Launchpad begins, deposit $ACE into the staking contract, which can be repeated multiple times

Connect wallet after entering Launchpad

Input staking amount

Wait for $PeACE distribution

  • You can check current staking status in Staking Pool
  • Settlement of $PeACE corresponding to the previous hourโ€™s staked $ACE occurs every hour
  • Distributed $PeACE will not be immediately distributed; within 24 hours after the end of Launchpad, $ACE will be deducted based on the accumulated $PeACE for each wallet address, and $PeACE will be distributed while the remaining $ACE will be returned

What is ACE Avatar

  • It is a collection of NFTs generated based on the ACE Arenas game characters, known as the ACE Avatar NFT Collection. Each NFT represents a character from ACE Arenas and can be used as a profile picture (PFP) in the game
  • ACE Avatar has 6 Rarity tiers, and participating in Launchpad grants a randomly generated Rarity ACE Avatar
  • For more details, refer to: ACE Avatar

ACE Avatar and $PeACE

  • Total supply of $PeACE and ACE Avatar NFTs: 10,000 each, with a 1:1 ratio.
  • An ACE Avatar NFT is minted in a wallet only if it contains at least one $PeACE.
  • Rarity of minted NFTs is determined randomly.
  • If $PeACE balance falls below one, the corresponding ACE Avatar NFT in the wallet is automatically destroyed.
  • Note: This does not reduce the overall total supply.
  • Transferring an ACE Avatar NFT to another wallet automatically transfers the corresponding $PeACE to the new wallet.
  • Total supply of $PeACE and ACE Avatar NFTs decreases only when a user redeems their ACE Avatar NFT.

ACE Avatar Redeem mechanism

  • A brand-new NFT Redeem mechanism, NFT floor price is guaranteed, the longer you hold, the higher the value.
  • Users can sell their ACE Avatar to the official at any time in exchange for $ACE

Recycling Price = Grand Treasury Pool Balance / (Maximum Total NFT Issuance โ€” Redeemed NFTs) * 95%

Welcome to our community for more details about the events:

Twitter: https://twitter.com/fusionistio

Discord: https://discord.gg/fusionistio

FUSIONIST reserves the right to modify, change or cancel these rules at any time and for any reason in its sole discretion. Your continued participation in the Campaign following a change in the Rules constitutes your approval of the Rules.

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