CyberFi / Samurai IDO: Bitspawn in the spotlight
Bitspawn, a gaming blockchain protocol built for digital athletes and social gamers, has announced that they will collaborate with the Samurai Launchpad for their $SPWN token offering on 14th June 14:00 UTC to 15th June 14:00 UTC, prior to the Uniswap listing on 16th June (Time TBA). The $SPWN token is being offered on the Samurai Platform with a $600,000 USD allocation for the CyberFi/Samurai Community.
The whitelist is already open: https://forms.gle/mivcmRbLKQGyqjGp7
Samurai Launchpad IDO: 14th June 14:00 UTC to 15th June 14:00 UTC
Listing & Token Generation Event: 16th June (Time TBA)
Full details under IDO Schedule in this Article.
Bitspawn In The Spotlight:
Making money playing video games is impossible for most gamers, regardless of ability. Esports players have no rights, with players exposed to abusive contracts, barriers to entry and rampant prize pool fraud. Instead, the real winners are predatory publishers, event organisers and streaming services.
Now, Bitspawn has decided to intervene and bestow all gamers with the means to make profit from their talents.
The Platform
Only 3% of players are compensated for competing in esports. Bitspawn is a play-to-earn platform where all gamers can play and earn money. It is a blockchain powered tournament platform allowing gamers at all skill levels, developers and organisers to monetise their skills. Bitspawn connects sponsors and advertisers to a growing audience. Gamers watch and consume esports at a higher rate than traditional sports fans, making them a large untapped market for advertisers.
Bitspawn is being built on the Solana platform — bypassing scaling issues such as implementing layer 2 protocols — to bring profitable gaming experiences to the world’s 2 billion gamers.
Bitspawn is an infrastructure protocol allowing users to create their own gaming apps and communities on our blockchain solution.
Proof-of-Respawn
Bitspawn will implement a novel “Proof-of-respawn” algorithm to compliment the native PoS consensus protocol of Solana, in order to aid scaling. PoR is a kind of token algorithm that encourages players to compete and build their own competitions, as well as to maintain the rewards system of the platform.It enables tokens to be distributed by “skill-based” algorithms and can be integrated with existing gaming APIs to align incentives between players, developers and brands to spur growth.
“I have been a fan of Cyberfi since its initial announcement, I love the product they are building and the community they are fostering. It is the type of aesthetic that blockchain and crypto desperately needs to connect with the next generation and allow for growth of high level projects in this ecosystem.”
Bitspawn on CyberFi.
Bitspawn ($SPWN) Token
The $SPWN token is used for platform fees and rewards, benefiting holders and stakers as the platform grows. $SPWN tokens also give access to $SPWN-exclusive events and products as they arise. The $SPWN token can be staked and lent, as well as used in governance functions of the DAO such as integration voting and community projects. Bitspawn will rely heavily on community governance to bring important features and products to market, enhancing long term product-market fit.
· Total Supply — 2,000,000,000 $SPWN
· Initial circulating supply — 158,000,000 $SPWN
· Initial marketcap — $3,126,000
· Allocation percentages — Sale 30%, Team 20%, Ecosystem 30%, Liquidity/rewards 20%
· Lockup periods and vesting schedule — Investors are vested over 6–9 months depending on the round. Team tokens are locked for 1 year and vested over the second year.
The Team:
Our team has over 5 years individually experience in the blockchain industry and worked on many projects.
1. Eric Godwin (Founder/CEO) — Competitive gamer and video game industry expert. Eric has 6 years experience working with blockchain.
2. Alex Lan (Co-founder/CTO) — Former Amazon engineer and expert in big data. Helped grow DOTA community in China. Co-founded OneLedger Blockchain.
3. Rhys Boulanger (Co-founder/COO) — Internet entrepreneur and lead generation expert for over a decade. Rhys is a former CS competitive player.
4. Lukas Kamandulis (Co-founder/CMO) Social media expert and avid gamer. Worked with TikTok and Snapchat directly as clients.
Advisors:
Partners
Participation & Allocation:
· Samurai participants staking either $CFI or $CFI/ETH LP have a Guaranteed Allocation in the Bitspawn IDO, with allocation multipliers according to the chart below:
Whitelist open now: https://forms.gle/mivcmRbLKQGyqjGp7
Note, we cannot specify the exact amounts per allocation currently, as we will only know on the day how many users have participated in the raise. However, we do know that in a guaranteed IDO with a $600,000 raise, the allocations will be generous! We will announce the allocations per tier after Whitelist ends.
Additional task for Tier 1–4 in this IDO (NOT for Tier 5 and 6)
Tier 1–4 has to retweet the tweet in which this article is linked with the hashtag #SummerofSamurai to participate in the token sale!
https://twitter.com/cyberfi_tech/status/1400902901380300800
Note, that every tier (even Tier 6) has to go through the same whitelisting and KYC process for this IDO. The benefit of Tier 6 in this guaranteed IDO is the huge factor of 30x allocation.
Users can stake $CFI at https://samurai.cyberfi.tech. You can always stake to upgrade your tier as long as the whitelist of each IDO project is open.
Read more about the $CFi tiers for participation in our IDOs: Samurai Tiers.
There are several in the pipeline for June! 🐲⚡️
Next Steps:
· KYC verification is required, and jurisdictional restrictions apply. Ticket winners will be sent an email to complete KYC or provided link on Telegram.
· We will publish a document with the Whitelisted Wallet Addresses. Users can review the document to find their Ethereum Address which will provide them with their allocation.
· Upon successful participation, $SPWN Tokens will be claimable by each participant’s Ethereum Address 15 Minutes after Launch.
· Samurai Website: https://samurai.cyberfi.tech
Secure Launch Process:
To ensure a smooth launch on Samurai, Bitspawn has agreed to:
1. Have their domain fully SSL certified one week prior to token sale date.
2. Have their domain protected by Cloudflare.
3. Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
4. Add no less than $100,000 of ETH liquidity on Uniswap immediately upon listing.
5. Allow users to claim the $SPWN Tokens on the Samurai Launchpad.
6. Lock liquidity within 3 hours of listing for no less than 60 days at http://team.finance/
7. Have at least one community moderator on each social platform (Discord, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch on Uniswap.
IDO Schedule:
· Whitelist Open: 4th June 10:00 UTC
· Whitelist Close: 12th June 10:00 UTC
· Whitelist Winners Announcement: 12th June 12:00 UTC
· KYC Opens: 12th June 12:00 UTC
· KYC Closes: 13th June 10:00 UTC
· Participation: 14th June 14:00 UTC to 15th June 14:00 UTC.
· Token Generation Event: 16th June (Time TBA)
· Samurai $SPWN Token Claim: 16th June (Time TBA)
· Samurai platform: https://samurai.cyberfi.tech
Bitspawn Links
Website — https://bitspawn.io
Whitepaper — https://docsend.com/view/9kwdvfm4mj8y4snv
Twitter — https://twitter.com/bitspawngg
Telegram — https://t.me/bitspawnprotocol
Github — https://github.com/bitspawngg https://github.com/Bitspawn-Foundation
Discord — https://discord.gg/bitspawn
About CyberFi: An Intelligent DeFi Automation Platform
CyberFi’s is creating an ecosystem on a mission to bring the DeFi 2.0 experience and add a new infrastructure layer through Automation.
V2 — Asset Management Platform. Users of our platform will experience zero-stress, automated DeFi trading, farming and yield generation, smaller fees, and tools for Impermanent Loss mitigation.
SAMURAI — a LaunchPad and StakePad Fusion. Bringing even more value to $CFi holders we are pushing a joint IDO and Staking Platform to automate the process of participating in launches of amazing projects, and for users to have a place for easy management of their Staking.
CyberFi Website: https://cyberfi.tech/
Samurai Website: https://samurai.cyberfi.tech
Telegram: https://t.me/cyberfi_tech
Twitter: https://twitter.com/cyberfi_tech
Important Notes:
· Ethereum Address must match on all application forms and KYC documents. Ethereum Address must NOT be an exchange wallet. Failure to provide the correct Ethereum address or providing an exchange wallet will result is disqualification or void any application. No changes can be made.
· Each wallet MUST meet the minimum $CFI Token requirements. We will be taking snapshots of wallets and verifying this information.
· Each user MUST Complete all requirements listed above.
· In cases of data discrepancies, Samurai has the right to void, refuse, or disqualify a user.
· Samurai will provide the contract address for Bitspawn upon TGE.
· We will never PM you first, or prompt you for your private keys.
· Email correspondence will be done via official cyberfi.tech email addresses. (coo@cyberfi.tech &/or ceo@cyberfi.tech)
· KYC is at the discrepancy of each project, restricted countries is based on KYC/AML Laws applicable to the country of company incorporation. US is usually not allowed.
