CyberFi / Samurai IDO: NFT Stars in the Spotlight
NFT Stars, the multi-chain NFT marketplace, has announced that they will collaborate with the Samurai Launchpad for their $NFTS token offering on June 5th, 11:00 UTC to June 6th, 11:00 UTC, prior to the Uniswap offering on 6th June. The $NFTS token is being offered on the Samurai Platform with a $100,000 USD allocation for the CyberFi/Samurai Community.
Whitelisting closes: June 3rd, 10:00 UTC
Samurai Launchpad IDO: June 5th, 11:00 UTC to June 6th, 11:00 UTC
Listing & Token Generation Event: 6th June 14:00 UTC
Full details under IDO Schedule in this Article.
NFT Stars In The Spotlight:
NFT Stars project is a new generation cross-chain NFT platform with innovative and unique features that will help the entire NFT industry. With the recent boom of the NFT market, people are starting to forget that NFTs are not about speculation, but about capturing something unique and holding it in digital form.
An NFT can support artistic creations like any other physical art, and so they are a way for artists to express themselves, their thoughts and emotions and to share with the broader audience their outlook on life according to their experiences. NFT Stars aims to recapture the NFT market using AR layers to allow people to create their own collectible rooms and galleries. In addition, they are introducing whitelabel solution will become a convenient way for projects not to worry about developing their own platforms but to build it using our technical capabilities in a short period of time.
NFT STARS introduces an exclusive marketplace where every artist has their own custom page, a personal manager, the opportunity to consult with a legal team and to partner with other artists on shared creations.
In turn, users have voting power regarding who’s featured on the platform, they can acquire rare pieces to add to their collection thanks to the fractional trading feature and they can enjoy browsing through the works in the augmented reality (AR) gallery. The platform is the first to provide an Initial NFT Offering to startups and to include its users in the funding process.
Roadmap
NFT Stars is not just a concept — much ground has already been covered pre-launch, along with the backing of a fleet of partnerships and strategic backers secured (see below).
Completed:
· Concept through to structured design and visualisation.
· Multi-language platform.
· Ability to sell any of your NFTs
· Technical implementation of the 1st version.
· Already growing community, with over 500 applications from artists.
· NFT QUEST (First in the world Quest using NFTs).
Coming Soon:
· Automatic NFT minting and sale process
· Blockchain switch between BSC, ETH, other blockchains
· Integration with OpenSea (at the start, with plans later to switch to our own functions)
· Receiving rewards in a native token.
· Decentralizing NFTs through Community Governance. Users can submit their proposals and vote on initiatives, building success alongside the artists
· Implementation of auctions and bidding.
· Fractional trading.
· INITIAL NFT OFFERING (issued as a farming NFT token with different rounds for investors and farms, using the new tokenomics methodology)
· Augmented Reality (AR) mobile application — immerse yourself in art galleries from the palm of your hand.
· NFT scanner
· NFT Radio — music is unique, creative, and shareable — perfect for NFTs.
NFT Stars ($NFTS) Token
The Token
NFT Stars will be implementing DAO governance, allowing the community to vote for and select artists.
The $NFTS tokens can also be used for rewards, staking and liquidity mining. Staking in the vault will also unlock a further benefit — access to Initial NFT Offerings (INO). INOs are the first of their kind in DeFi, and are likely to be hugely anticipated.
$NFTS is the utility token for the platform, so is used for rewarding artists and active users, and provides NFT discounts for particular holding sizes. NFT Stars has sought to create a cohesive ecosystem, where artists can flock to display their talents, and be rewarded appropriately for their content.
NFT Stars has also already conducted the first NFT Mania Quest, and holding $NFTS will be a requirement (and a reward for) participation in future quests.
Artists holding $NFTS will face a lower fee for using the platform, or even to purchase extra features. And, of course, $NFTS is the token used to buy the NFTs.
TLDR Tokenomics
IDO token allocation (at all platforms): 250,000 $NFTS
IDO vesting: 10% at TGE and then 22.5% monthly (4 month period)
IDO price: $2
Listing price: $2
Initial circulating supply: 187,500 $NFTS
Initial market cap: $375,000
Token Distribution Details
45% — Marketplace Mining: 9,000,000 $NFTS
NFTS will be distributed to users weekly, proportional to the volume of their sales and purchases from the preceding week, and of the NFTS price also. Both buyers and sellers equally receive half of the distributed amount.
13.75% — Core Contributors: 2,750,000 $NFTS
Seed rounds conducted, with release schedules as follows:
Seed Round A (1,500,000 $NFTS): 5% unlock after listing, then 15.83% unlock in 3, 6, 9, 12, 15, 18 months after listing.
Seed Round B (1,250,000 $NFTS): 5% unlock after listing, then 15.83% unlock in 3, 6, 9, 12, 15, 18 months after listing.
1.25% — Community offer: 250,000 $NFTS
1 round for a public offer — including the Samurai IDO — with a vesting period.
10% initial unlock and then 22.5% every month for 4 months
15.5% — Team: 3,100,000 $NFTS
6 months lockup period, after which team will start receiving 100,000 tokens monthly (0.5% from the entire allocation).
12% — Marketing activities: 2,400,000 $NFTS
Marketing activities, influencers, advisers, vampire marketing
8,5% — Airdrops: 1,700,000 $NFTS
Airdrops with a vesting period of 2 months to SpaceSwap users and NFT holders on an Ethereum network with claimable function of NFTS tokens.
2.5% — Reserve Fund: 500,000 $NFTS
Reserve fund to be used in cases of an emergency or DAO community vote release
1.5% — DEX Liquidity : 300,000 $NFTS
initial liquidity for DEX Public Listing reserve fund
Total : 20,000,000 $NFTS
Team:
A highly capable and vibrant team, headed by Dan Khomenko — CEO of Spaceswap and NFTStars, Executive board member at Platinum.fund, who’s been in crypto since 2014.
Partners:
Advisory networks are crucial for the success of any growing project. Not just for funding, but for the wealth of expertise they bring. NFT Stars have a well-curated list of VCs that have joined through two rounds of private sales:
· Moonwhale Ventures · DAO Maker · AquaBlock Ventures · Pluto Ventures
· Platinum Fund · AU 21 Capital · Coin Celect · ZBS Capital · Magnus Capital
· Morningstar Ventures · DEXT Force Ventures · BSCP Holdings · Onemax Capital
· Basics Capital · Blockhunter Capital · Cyberfi - Samurai · Newave Capital
Participation & Allocation:
· Samurai participants will have access via a Ticket Lottery System. Winners of the Lottery will have a Guaranteed Allocation in the NFT Stars IDO.
· Participation is based on the following criteria: $CFi Staked or $CFi Liquidity Pool Tokens Staked.
· Users can stake $CFi at https://samurai.cyberfi.tech
· Lottery Ticket System has 6 Ticket Tiers. The more $CFi staked, the more tickets you receive. The higher your chances at winning an allocation. Tiers 1–5 have to fill the whitelist to win the lottery, while Tier 6 gets free & guaranteed allocation. Yes — staking 3000 $CFi is indeed a great deal.
· Applicants to participate on the NFT Stars Samurai IDO can participate in the whitelisting process until June 3rd, 10:00 UTC
To apply for Whitelisting the only things you need to do:
- Stake a minimum of 50 $CFi before the whitelist closes
- Fill the whitelist form: https://forms.gle/kGDi2gKwJrNNTLA77
Lottery Ticket System:
· There will be a random drawing for the $200 allocations capped at 700 participants. The more entries you have, the higher your chance of being selected (see table above). If any amount has not been claimed, the Samurai Fund will buy this remaining amount, and airdrop this in a separate event to the community.
· Each person can only win once per project. 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 a $200 USD Allocation.
· Upon successful participation, $NFTS 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, NFT Stars 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 $NFTS 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.
Participation Guide:
IDO Schedule:
· Whitelist Open: May 27th, 10:00 UTC
· Whitelist Close: June 3rd, 10:00 UTC
· Whitelist Winners Announcement: June 3rd, 14:00 UTC
· KYC Opens: June 3rd, 14:00 UTC
· KYC Closes: June 4th, 14:00 UTC
· Participation: June 5th, 11:00 UTC to June 6th, 11:00 UTC.
· Token Generation Event: 6th June (Time TBA)
· Samurai $NFTS Token Claim: 6th June (Time TBA)
· Samurai platform: https://samurai.cyberfi.tech
· NFT Stars Website: https://nftstars.app/en/
About Samurai:
Samurai by CyberFi is a full suite Decentralized Cross-Chain Crowdfunding Launchpad & Stakepad built for the evolution of Defi.
CyberFi Website: https://cyberfi.tech/
Samurai Website: https://samurai.cyberfi.tech
Telegram: https://t.me/cyberfi_tech
Twitter: https://twitter.com/cyberfi_tech
NFT Stars Links
Website — https://nftstars.app
Twitter — https://twitter.com/nftstars1
Telegram — https://t.me/NFT_STARS
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 NFT Stars 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.
