WenLambo’s race to launch on ArtemisPad
How a racing car, can have a token?
Ready, Set, GO!
Sometimes, you find yourself on the fast lane. WenLambo NFT, a thrilling upcoming game with gripping in-game mechanics, ambitious roadmap and out-of-this world visuals, soon to be released on Harmony blockchain, announces its fast track token sale on Artemis.
Artemis will host the launch of WenLambo token fund raise, which will be utilized in enhancing Lambo NFT’s to reach the fullest potential in performing across different events in simulated NFT racing. The sale will take place on Artemis platform, starting on Sunday, 1PM EST (edit) and will last 36 hours. It will follow Artemis’ tried and tested overflow method, where investors will be able to contribute their funds for WenLambo token release during the sale period, followed by liquidity additon on selected DEX. But first, let us introduce the WenLambo project.
What is WenLambo about?
- Web: https://wenlambo.one/
- Twitter: https://twitter.com/wen_lambonft
- Medium: https://wenlambonft.medium.com/
- Lambos minted: 8,000+ out of 10,000 total
WenLambo NFT is an auto chess style, simulated NFT racing game. With stops throughout Harmonyville, you will be able to visit your garage, the showroom, speed shops and other interactive places in the WenLambo NFT ecosystem. This is worked on by a team with over 20 years experience in software, gaming and the crypto space in providing a unique gaming experience on the Harmony network.
The Lambo NFT is a hand-drawn masterpiece. These have been designed with the collector and gamer in mind and have been given the highest quality possible. With an 8000 x 8000-pixel resolution, you can blow these NFT’s up larger than life and have them printed on canvas to hang behind your dedicated trading view monitor or favorite gaming system.
WenLambo tokenomics in a nutshell
In short, the upcoming WenLambo token will be used in carrying out modification and upgrades for the Lambo racing car. It is not needed to play the game but experience will be more beneficial and immersive in dealing with the game-mechanics in the different types of racing.
- 300M max supply
- 3M pre-minted for sale on Artemis and initial LP
- 15M Mission Fund, Community Rewards minted at 0.5% per day and locked in vault
- 40M for treasury — minted at 0.1% per day
- 242M will be earned & minted by holding a Lambo NFT
Tokens will only be minted when claimed on staking. Claiming adds the token directly to the wallet but with a partial locking mechanism introduced. The locked tokens get stored in the Harmonyville bank savings account. This will earn interest on the account from collected fees.
About the token launch on Artemis
In similar fashion to previous Artemis launches, investors will use MIS as collateral that detemines the price at which you will be able to purchase WenLambo token.
- 3 equal tiers with 33% of allocation each, number of tokens available for sale in each tier: 500,000
- Price per tier: 0.18$/0.2$/0.22$; price at launch: 0.26$
- Initial marketcap: 780,000$
- MIS collateral needed: 10,000/1,000/100
- Token price will be tied to wONE, investors will need wONE to deposit
- If oversubsribed, each investor will receive WenLambo tokens according to subscription % and the remainder of unsused funds will be returned upon claiming together with MIS collateral
- Total raise: 300,000$ in wONE, ENTIRE raised amount will be used for liquidity, WenLambo team adds additional ~100,000$ to add to LP, just an extra — to secure smooth trading post launch
I absolutely cannot wait for this one.
Artemis links:
