Devvio Blockchain Private Sale on Samurai
Ultra fast Layer 1 Protocol coming to Samurai Launchpad
CyberFi Samurai are thrilled to offer a unique private sale opportunity to our Emperor and Shogun tiers. We will be holding a private round sale of Devvio’s $DevvE token on Tuesday, November 9, 11:00am UTC. Please refer to this Quick Hitter for all relevant sales information on $DevvE.
What is Devvio?
Devvio is an enterprise-focused, regulatory-compliant blockchain service provider that leverages its highly-scalable, flexible, and cost-effective DevvX blockchain to offer smart contract-based business solutions. These solutions include asset management, automation, cold goods tracking, ES&G, identity, supply chain, records management, and workplace safety.
The DevvX mainnet is now live. The blockchain’s proprietary DevvShard sharding technology provides the network with unparalleled scalability, cost-effectiveness, and, most importantly, flexibility. Each shard acts as a unique blockchain allowing the creation of an unlimited number of independent networks that communicate with each other through a single (T1 Network) blockchain.
DevvShard has allowed DevvX to become the first public blockchain in the world to process over 1 million transactions per second. On top of that, Devvio benchmarked an alpha system at over 8 million transactions per second on-chain over three years ago.
Devvio prides itself in being environmentally-friendly and the “E” in its native DevvE token stands for ESG, and it represents the platform’s crypto investments in Environmental, Social & Governance projects.
LitCraft Nysperience is a play-to-earn game running on the DevvX network, featuring NFT land and character sales, PvP challenges, business models, unique in-game items and in-game currency with real value, all set within a lore-filled magical gaming world. The game’s LitPets and land NFTs are currently on sale on Samurai Launchpad.
DevvE Tokenomics
An initial allocation of 2 million $DevvE will be available for initial SAFT sales and the public sale. $DevvE purchased through SAFT sales are subject to vesting with 10% of tokens unlocked at TGE and 10% unlocked each month thereafter.
The exact token generation event and listing dates have not been determined yet, but it is expected that it will occur some time in December.
7 million $DevvE are also available for sale with proceeds going towards the DevvESG fund which invests into ESG companies that fundamentally improve the world.
Up to 21 million total supply of $DevvE will be available through the end of 2030. In 2030 and thereafter, the total supply can increase by a compounded 1% per year (i.e., $DevvE inflation, a useful mechanic for a currency that evolves to more than just a store of value and gives the world an opportunity for a sustainable trusted platform).
$DevvE are minted and sold by Devvio on the DevvX platform. A $10 million hard cap will go towards growing the DevvX blockchain. For ongoing DevvESG fund sales, 90% of proceeds go into investments into the ESG Fund and 10% are used by Devvio for the growth of the DevvX platform.
Participation on Samurai
Devvio will raise their sale of $DevvE tokens on Samurai.
Whitelisted Samurai Shogun stakers (Click here to whitelist)are eligible to purchase between $1,000 BUSD and $5,000 BUSD allotments of $DevvE at SAFT2 issuance price of $27/token (TGE public price will be $40/token).
Whitelisting begins on Samurai Dashboard on Friday, November 5, 14:00 UTC and runs until Tuesday, November 9, 4:00 UTC. Successfully whitelisted individuals can participate in the private sale on Samurai Launchpad on Tuesday, November 9, 11:00 UTC on a first-come, first-served basis until the allotment is sold out.
Please refer to our convenient Quick Hitter for all relevant information on Devvio’s DevvE token.
About DevvX
Devvio’s advanced blockchain platform offers a global-scale, regulatory compliant framework designed to track, transfer, and maintain the value of assets, records, cryptocurrencies, tokens, payments, identities, and NFTs.
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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
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