How To Participate In The Vine Money Public Sale IDO
TL;DR
- The Vine Money Public Sale IDO will have two rounds (in addition to the Private Sale, which is now closed).
- The Vine Money Public Sale IDO will be the first opportunity for the general public to purchase VINE tokens, the native governance and utility token for the Vine Money ecosystem.
- The first round of the Public Sale IDO will be the “Guaranteed Whitelist Round” taking place from 30th January 2024 (12pm UTC) — 31st January 2024 (12pm UTC).
- The second round of the Public Sale IDO will be the “FCFS (First Come, First Served) Whitelist Round”, taking place from 31st January 2024 (3pm UTC) — 1st February 2024 (3pm UTC).
- You can secure your place on the FCFS Whitelist Round by participating in forthcoming Raffles (dates and details to be announced tomorrow).
- Follow us on X / Twitter and join our Telegram Community and Telegram Announcements Channel to receive Raffle announcements.
- Jump here for full details on the Guaranteed Whitelist Round and here for full details on the FCFS Whitelist Round.
Get Ready For The Vine Money IDO
Vine Money is introducing vUSD, the world’s first privacy-focused stablecoin, built on Oasis Sapphire and backed by ROSE. With its unique blend of privacy, stability and omnichain functionality, vUSD will form the basis of an entire privacy-centric DeFi ecosystem. You can discover more about the project by reading our intro article or delving into our docs.
Currently, there is an opportunity to get in at the ground floor of the project by participating in the Vine Money Public Sale IDO where you can secure an allocation of VINE tokens. VINE is the native governance and utility token of Vine Money, sitting at the centre of the Vine Money ecosystem
In order to participate in the Vine Money Public Sale IDO you will need to acquire a place on either one of the two whitelists, of which the FCFS Whitelist Round will be heavily oversubscribed. To give you the best chance of acquiring a place on the whitelists, this article tells you everything you need to know about how to participate.
So, let’s dive in:
Summary Of Key Dates, Actions and Information
KEY DATES
5th January 2024 (12pm UTC) — 12th January 2024 (12pm UTC): Private IDO For Early Supporters (CLOSED)
29th January 2024: Public Testnet launch
30th January 2024 (12pm UTC) — 31st January 2024 (12pm UTC): Guaranteed Whitelist Round
31st January 2024 (3pm UTC) — 1st February 2024 (3pm UTC): FCFS Whitelist Round
Mid February 2024: Audits Completed
Late February 2024: TGE (Token Generation Event) & dApp launch (pending the remediation of any findings from the Audits)
TOKENOMICS
Total Combined Allocation For Private & Public IDO: $500k for 5% of the Total Supply of VINE Tokens
Price Per Token: $0.10
Currency To Purchase Tokens With: USDC on Ethereum
Tokens Received: On Oasis Sapphire at the same address used to deposit contribution
Token Release Schedule: 60% of allocation redeemable at TGE / 6 months linear vesting schedule on the rest
Market Cap Of Circulating Supply At Launch: $500k
FDV at Launch: $10m
KEY ACTIONS TO TAKE NOW
Follow us on X / Twitter at @Vine_Money and join our Telegram Community and Telegram Announcements Channel to ensure you are the first to hear about Raffle details. These will be used to select Whitelist members for the Public FCFS Whitelist IDO Rounds.
Details For Each IDO Round
ROUND 1: Private IDO For Early Supporters (CLOSED)
Sale Start Date: 5th January 2024 at 12pm UTC
Sale End Date: 12th January 2024 at 12pm UTC
Allocation: $300k for 3% of Total Supply
Allocation Guaranteed?: Yes
Who Can Participate: Pre-selected early supporters of the project.
How To Participate: Now Closed
ROUND 2: Public Guaranteed Whitelist (OPEN)
Sale Start Date: 30th January 2024 at 12pm UTC
Sale End Date: 31st January 2024 at 12pm UTC
Allocation: $100k for 1% of Total Supply
Allocation Guaranteed?: Yes
Who Can Participate: Selected community members who have shown highly active participation in the Vine Money or Oasis Network ecosystems.
Unsold Allocation: Any allocations not sold in this round due to users missing the sale window, will be rolled over and made available to those participating in the FCFS Whitelist Round.
Actions To Take Now:
- Start promoting the Vine Money project and IDO now to maximize your chances of being selected as an active and engaged community member.
ROUND 3: Public FCFS Whitelist Round (OPEN)
Start Date: 31st January 2024 at 3pm UTC
End Date: 1st February 2024 at 3pm UTC
Allocation: $100k for 1% of Total Supply
Allocation Guaranteed?: No. This round of the Public Sale IDO will be oversubscribed and tokens will be allocated on a first-come-first-served basis to those that have acquired secure a place on the FCFS Whitelist when the round starts on 31st January 2024 at 3pm UTC. We anticipate this round to sell out extremely quickly.
Who Can Participate: Raffle and Contest/Competition winners.
How To Participate: We will be running a series of raffles that will give you the chance to get a place on the FCFS whitelist.
Actions To Take Now:
- Make sure you are following us on X / Twitter at @Vine_Money and have joined our Telegram Community and Telegram Announcements Channel as raffle and contest details will be announced through these channels.
- Look out for announcements about the raffles, so that you can participate.
- It’s important to note that acquiring a whitelist spot for this round only grants eligibility and it does not guarantee an allocation. The allocation will be sold on a first-come-first-served basis.
Raffles
We’ll be announcing the dates and details of the Raffles tomorrow (10th January), so make sure you are following us on X / Twitter at @Vine_Money and have joined our Telegram Community and Telegram Announcements Channel to be the first to hear about them.
Conclusion
We can’t wait to welcome the Vine Money community into our forthcoming Public Sale IDO so you can share in our success as the project grows. As the world’s first privacy-focused stablecoin, it will unlock an entire privacy-focused DeFi infrastructure and form a key pillar of the broader Oasis Sapphire ecosystem.
In the meantime, make sure you are following us on X / Twitter at @Vine_Money and have joined our Telegram Community and Telegram Announcements Channel to be the first to hear about the raffles and other announcements.
X / Twitter: @Vine_Money
Telegram Community: https://t.me/vinemoneyofficial
Telegram Announcements Channel: https://t.me/vinemoneyofficial
Website: https://vinemoney.xyz/
