Future Venture
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Future Venture

VICEWRLD IDO on the Lithium Launchpad

Vicewrld becomes the first IDO on the Lithium Launchpad

The 18+ Digital Playground headed up by CEO Jordanna Foxx is to be the first IDO gracing the Lithium Launchpad. Lithium has been in talks with Vicewrld for months and both teams are hugely excited about the launch tabled for the end of August.

The OnlyFans competitor looks to leverage blockchain technology to succeed where the adult entertainment incumbent fell short. An example of just one of the areas they’re innovating is performer fees. Vicewrld built by sex workers for sex workers looks to ensure that the earnings of the performers are kept the earnings of the performers not taking the extortionate 20% cut that OnlyFans imposed on their creator network.

Vicewrlds 2.0 Website

How does the IDO work?

Staking
1. Go to Staking page.
2. Connect Metamask.
3. Click “stake”.
4. Enter amount.
5. Confirm transaction.

You are able to stake tokens on the platform up until the pool goes live. Once the pool is live, your tokens are locked until the pool closes. Private Round investors can claim the tokens at the pool close.

Private Round
The IDO is split between Lithium and Ceezee SAFU. Each launchpad has been allocated a 50% provision of the tokens and the sales will run concurrently.

Where: Lithium Launchpad
Date: 31st August 2021
Time: 18:00 UTC
Duration: 24 hours / Until Sold Out
Rounds: Private and Public

To participate in the private sale on the Lithium Launchpad, you must hold a minimum of 200,000 EBSC tokens which have to be staked on the platform prior to the IDO going live. The tiers and maximum allocations for are detailed below:

Lithium Launchpad Tiers

Starter Tier: 200,000 EBSC, 200$ Cap
Investor Tier: 600,000 EBSC, $500 Cap
Strategist Tier: 2,500,000 EBSC, $1,000 Cap
Evangelist Tier: 7,000,000 EBSC, $2,500 Cap

The caps are a maximum allocation. Should the private sale be over subscribed, finalised allocations are calculated proportionally to what tier you are in. Holders in the higher tiers will keep a higher percentage of the tokens they buy in the event of an IDO oversubscription.

Strategist and Evangelist holders of EBSC also qualify for an airdrop of native tokens. The amount airdropped proportionally to these holders equates to 1% of the IDO allocation. This airdrop is done automatically, and calculated by the following: (Staked Tokens + Unstaked Tokens) / 1% Airdrop

Public Round
The Public Round occurs after the Private Sale round allocation has been filled. Should there be no cap on the Private Sale and the IDO is oversubscribed in this round, there will be no Public Sale.

Usecase for the $VICE token

Anyone can enter the Public Round by connecting their wallet to the Launchpad prior to the IDO going live. There is no EBSC requirement, but waiting for Public Round does not guarantee you any token allocation.

IDO Tokenomics

IDO Price: 1BNB = 87,000 $VICE
Tokens Sold: 12,267,000
Locked Liquidity: 90%
Lock Duration: 1 Year

VICEWRLD Links

Website: https://www.vicewrld.com
Twitter: https://twitter.com/vicewrld_?lang=en-gb
Telegram: https://t.me/vicewrld_token
Whitepaper: https://www.vicewrld.com/pdf/whitepaper.pdf

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Future Venture is a publication from Lithium Ventures, covering IDO’s, announcements, and opinion pieces.

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Lithium

Lithium

Lithium are a seed and pre-seed crypto venture capital and incubator platform. We exist to power real utility in early-crypto.

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