The First Meme Platform on IOST Is Officially Launching & The First Donation Program “idragon” Goes Live Now!
On March 4, the Dana team officially announced the launch of the first Meme Platform on the IOST chain and also launched the first donation project — “idragon”.
At the first phase, the Meme platform will support some core functions such as Donation, DataDashboard, Staking (including Restaking), Airdrop Gaining, and Token Issuance. Besides, more sub-products will be developed in the future to improve the platform ecosystem, including but not limited to Gamefi, Socialfi, etc.
The First Meme Platform on IOST — Launching of Meme Platform
With the mutual penetration of Meme and the crypto industry, Meme Coin is rapidly rising in the industry as a new crypto asset type. From the initial “meme” to a market capitalization of over 100 million, Meme Coin proved the infinite possibilities of the encryption market once again. (Meme culture, a popular culture characterized by derivatives, resonance, and infinite viral replication.)
Based on IOST chain’s advantage of low gas and high speed, Dana Team decides to launch the multi-functional Meme platform and first Meme Coin — idragon on IOST.
Official Website: https://iostmeme.club/
Meme Platform aims to become the first multi-functional meme platform on IOST with comprehensive functions:
Donation
Communities have the right to decide whether to participate in donations to high-quality projects or not, the minimum donation amount is not less than 100 IOST.
Data Dashboard
Communities can understand and check the relevant data of each donation project clearly.
Staking
Communities can use idragon for lossless mining with a flexible time cycle.
Communities can use IOST to perform “Restaking’’ for dual mining with dual income of IOST and idragon.
Airdrop Gaining
Communities who participate in donations can receive the corresponding idragon and extra airdrop idragon Token.
Token Issuance Function
Communities can issue the individual/team’s symbolic tokens with one click.
Token Listing
Dana team has reached a cooperation agreement with the IOST on-chain dex team, for the projects that open donations on Meme platform can be successfully listed on IOSTDex. At the same time, Dana team has reached long-term strategic cooperation agreements with a number of well-known CEXs, the high-quality projects will have priority for listing.
The First Donation Project on Meme Platform Goes LIVE
Donation Tutorial
1. Download iWallet Pro or TokenPocket, Bitget Wallet and other mobile wallets that support the IOST chain, then log in and unlock your IOST mainnet account.
If you don’t have an IOST mainnet account, please check the guidance here:
2. After unlocking your wallets, then open the Meme Platform official website: https://iostmeme.club/ and click the “Donation” button to enter the donation page.
3. Enter your targeted IOST amount in the “Deposit” box and click the “Donate” button.
The minimum donation amount per mainnet address is 100 IOST. Users will receive 250 idragon tokens for every single donated IOST. The total supply of idragon is 100 Billion, among them, 10% of the idragon total supply (10 billion) will be used for community public donations, with a maximum donation amount of 40 million IOST.
4. Click the “Confirm” button on the authorization pop-up page to complete the donation.
5. After the donation is completed, you can see your donation amount at the bottom of the Donation page.
6. Airdrop
· 2% of the idragon total supply will be used for donation rewards(2 billion), with the distribution period in 8 months.
· The users whose mainnet accounts successfully participate in idragon donation can receive the donation rewards.
· The donation rewards airdrop will be open within 24 hours when idragon donation is completed.
Eligible addresses can receive one airdrop reward every 24 hours (172,800 blocks). The reward will not be accumulated if the user does not claim the corresponding reward at the day.
Eg: Address A meets the airdrop conditions. According to the rules, if A claims the rewards day by day, then A can receive X dragons on the first day, X dragons on the second day, X dragons on the third day. On the contrary, if A didn’t claim the previous daily rewards in time, then user A can only receive X dragons still on the fourth day instead of 4X dragons.
- Note: The number of idragon that each address that meets the rules can receive every day is: (2 billion/8 months/30 days)/the number of all addresses that meet the rules.
About Dana Team
Dana Team is from Singapore and officially established in 2018. The team has rich blockchain development experience, especially in Web3 construction. It has successfully launched a number of Dapps on Ethereum, Solana, Cosmos and EOS with official Grants.
