Fragmint IDO Whitelist is now Live on CheersLand!
🔉CheersLand Announcing upcoming IDO : Fragmint
Dear community, it is a pleasure for us to inform you that our first CIS (CheersLand Insurance Shield) protected IDO will be Fragmint. Fragmint is an auction based platform. Usually we have a pre-camapign leading up to the auction so people will know the terms upfront. After the auction has ended the highest bidder is able to claim his reward — the NFT.
Make sure to follow us on Twitter and Medium for all of our updates, and join both our announcement channel and community Telegram channels so you don’t miss anything!
Please don’t forget that IDO participants will be protected by CIS (CheersLand Insurance Shield).
IDO Sale Details
⏰IDO Date & Time: 12th October, 10:00 AM — 01:00 PM UTC for Guaranteed Pool and 01:30 PM — 05:00 PM UTC for FCFS Public Pool
🔆 Pool Type: Guaranteed Pool + FCFS Public Pool (no whitelist required, anyone can buy)
📷Snapshot: 24 hrs. before IDO
⏰Listing Date & Time: 13 October 03:00 PM UTC
📍IDO site: https://launch.cheersland.org/#/fundraising
💰Price per $FRAG: $0.04
💎Initial Market Cap: $620,000.00
📅Vesting: 40% on TGE and then 10% monthly
🚰Cheers IDO Pool Size: $30,000.00
🔀Swap Currency and Network: BUSD
How to be whitelisted?
The total IDO Pool size is $30,000.00. The main rules regarding the allocation rights are as follows:
90% allocation to CHEERS stakers + Grand CheersLand NFT holders
10% allocation to Top 25 Gamers in CheersLand Games (75 users in total)
👉Make sure to read our CheersLand’s latest IGO and Private Sale Tier System Announcement to learn about rules, Tier levels, Allocations and more!
Guaranteed Pool : Those who have earned the privilege to invest by staking our $CHEERS,Grand NFT holders, top gamers.
Public FCFS Pool will be open 30 minutes after the Guaranteed Pool closes, remaining funds from the first pool will be made available to everyone through the Public FCFS Pool, with a maximum purchase of $300 per wallet. Each wallet has a fair chance to buy tokens. No whitelist required.
⭐ As New and Old Tier Owners, we have two categories of stakers.
⭐Old Tier Owners who had bought and staked at least 5,000 $CHEERS on The Old Whitelist for IGO pool before April 30th.They will proceed in the same manner as before. They need to stake at least 5,000 $CHEERS at the Whitelist For IGO Pool.
⭐New tier Owners must buy and stake at least 20,000 $CHEERS in the New Whitelist for IGO Pool to be an eligible Staker according to the recently revealed Tier System.
⭐Gamers’ Allocation (10%) will be divided among the Top-25 Ranked Gamers of Crypto Pirates, Click Click and Matching Ranking Lists
⭐The Snapshot for Qualified Stakers/Top Ranking Gamers will be taken 24 hours before IDO.
⭐Each ticket will receive a Guaranteed Allocation
New Tier System
Check out our New Tier System And Whitelist for IGO Pool for more information.
You might want to take a look:
👉Learn about our New IGO Tier System
👉Play the games in CheersLand now
About Fragmint
Fragmint was born out of the necessity of being different in a sea of “the same”. It was time to shake the boundaries and come up with curated environment and specific types of projects that do not live anywhere else. The name stands for Fragmented NFTs. These are particular pieces of art that can be physically split into different pieces and each “fragmint” of this whole art piece is a separate NFT. Having this a collective ownership of one particular art is born. And contrary to some other ways of doing this like splitting the art into thousands and millions of tokens in this scenario you will own a particular part of the projects. Like if you’d all a virtual land.
This presents a great opportunity for building interesting economies around a particular piece of art, gamifying the experience to the point of making it social and fun to own NFTs and also gives a great use case for DAO structures. DAO is “Decentralized Autonomous Organization” and basically means that people will form groups and will decide based on their involvement in the art piece what to do with the NFTs in their “DAO”.
The FRAGMINT Platform is a gamified ecosystem that focuses on building the community, giving the power in their hands and staying out of their way as they use the platform in more and more creative ways. At the same time, everyone will be incentivised to contribute to the whole ecosystem so that it can generate and distribute more value for all participants. It is clear that the FRAG token.
The $FRAG token is deflationary and governance token that gives the users different rights to operate on the platform. The levels depending on the amount that a user holds. More on that in the “Users & Entities” and also in “Token and Economy”
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About CheersLand
CheersLand is a scalable GameFi Metaverse Aggregator where anyone can monetize their gaming experiences and social networks. CheersLand runs the Game-as-a-Service model, dual-driven in Play to Earn and Build to Earn, with the product portfolio of Gamified Launchpad, Multi-game Universe, Multi-asset Staking Platform and NFT Market, and powered developing new users by the invitation mechanism, which builds a unique and diversified GameFi ecosystem.
Now CheersLand has launched the 3 classic games, Crypto Pirates, Click² and Matching. Click here and connect your BSC wallet to play and earn! Let’s go!
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