Whitelist IGO Farm Pool for New Tier System is coming!

CheersLand
CheersLand
Published in
3 min readJan 20, 2022

Dear CheersLanders, we are thrilled to remind you that our IGO Whitelist Pool will go live later. We appreciate your opinion and feedback to the fullest; in fact, your participation in our decision-making processes will allow us to fully realize our vision of creating a decentralized, diversified and unique GameFi ecosystem.

🍻Pool Details

🔅Pool Start: 12 PM UTC, January 20th (At noon)
🔅Place:
https://launch.cheersland.org/#/fundraising
🔅Reward Pool: 500,000 $CHEERS
🔅Pool Duration: 100 Days
🔅Unstaking Fees: 10% within 10 Days

🍻The New Tier System

To participate in CheersLand IGOs using our new and improved Tier System, users need to Buy and Stake the minimum amount of $CHEERS designated for their desired Allocation Tier before the IGO Snapshot is taken.
👉Buy $CHEERS on PancakeSwap here

New Tier System

CheersLand Grand NFT holders will have guaranteed allocations as well. 1Grand NFT = 3 Tickets.

👉Learn more about how to get CheersLand Grand NFT>>

Individual allocations will be on per Ticket basis, and calculated by dividing the total pool allocation reserved for eligible $CHEERS stakers + NFT holders by the total number of eligible tickets (based on prior Snapshot). Remember that this is not a lottery system, each ticket will get guaranteed allocation.

Allocation Calculation

🍻IGO Allocation Structure

🔅90% of total IGO allocation will be shared by the qualified $CHEERS stakers + NFT holders on per ticket basis, this will be the Total Pool Allocation in the formula above.
🔅
5% of total IGO allocation will be shared by whitelisted gamers of Ranking List in CheersLand Games (we have 3 games now).
🔅
5% of total IGO allocation will be used in our future Gleam campaigns.

💡For a more laid-out explanation of the new tier system using an example to show how the ticket system works, please read our previous article on the New Tier System:
👉https://medium.com/cheersland/cheersland-announcing-new-tier-system-for-igos-a646dc2844c0

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!

Stay updated on the CheersLand’s progress by following on social media channels and communities.

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