Peoplez IDO on Samurai

Get closer than ever to your idols

Published in

CyberFi — Intelligent DeFi Automation

4 min readNov 26, 2021

CyberFi Samurai are excited to announce the IDO round sale of Peoplez’ $LEZ token on Monday, November 29, 11:00 UTC. This sale is open to all stakers at the Ninja tier and above. $LEZ is listing on Pancakswap on Tuesday, November 30, 13:00 UTC.

You can refer to our Quick Hitter here for all relevant sales information at a glance.

Peoplez

Peoplez aim to bring the most popular artists in the world closer to their fans through personal tokens minted on their platform. These VIP tokens can provide fans with unique opportunities such as the chance to purchase special-edition NFTs and artist memorabilia, as well as the chance for unique interactions with their idols. The Peoplez platform allows you to invest in both established and emerging stars on the world’s music, film, art, and sports scenes.

The platform operates on the back of two types of tokens:

VIP tokens which are minted specifically for the renowned celebrity
The platform’s native $LEZ token — a BEP20 standard token minted on the Binance Smart Chain

How the platform works is simple:

1. Celebrities who join the Peoplez platform will have 1M of their own VIP token minted and will be provided with their own landing page for fans to interact with.

2. Fans who hold the $LEZ token will be able to use them to purchase the VIP tokens of their idols.

3. Fans will then use their purchased VIP tokens to gain special access to that celebrity’s products or other unique experiences.

In addition to each celebrity’s landing page, Peoplez is developing an internal exchange and marketplace where users can spend their $LEZ or VIP tokens on celebrity memorabilia.

Peoplez will offer staking on their platform allowing users to earn that sweet, sweet passive income. Interacting with your idols in a more intimate manner than you have ever dreamed possible will also be profitable! To top it off, Peoplez is actively working to develop a play-to-earn (P2E) game based on the interactions of celebrities and their fans.

Peoplez Tokenomics

Peoplez’ $LEZ token has a maximum supply of 18M tokens. The token will be listed on PancakeSwap later this month at a public price of $0.70 USD and a circulating market cap of $432,000 USD.

Tokens bought at IDO are subject to vesting with 50% released at TGE and 50% unlocked after one month.

Participation on Samurai

Peoplez are raising $130k USD through its IDO on the Samurai Launchpad.

Interested CyberFi stakers must state their intention to participate in the IDO by clicking “Whitelist” on the Samurai Dashboard: Here.

Whitelist Start: Friday, November 26
Deadline for whitelisting: Monday, November 29, 4:00 UTC.
IDO participation: Monday, November 29, 11:00 UTC.

Please see our Peoplez Quick Hitter to get all relevant sale info at a glance.

If you are unfamiliar with our tier structure, you can check them here: Samurai Tiers

Whitelisted stakers can purchase $LEZ tokens on the Samurai Launchpad for the public price of $0.70 BUSD with a minimum $500 BUSD to maximum $2,000 BUSD purchase, first-come, first-served.

Vesting: $LEZ tokens purchased at IDO will be subject to vesting with 50% unlocked at TGE and 50% vesting for one month.

About Peoplez

The engagement between VIPs and their fans is always difficult and social networks are not the solution. Peoplez provides you with a new experience in which you can be a part of something that, up until now, had seemed impossible. That impossible experience is total involvement with your idol. You will finally be able to touch something concrete directly from idols and have an interaction with them that was once just the stuff of dreams.

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