How To Join Genesis Pool’s 6th IDO: DogyRace
The 1st gaming IDO on Genesis Pool will feature a unique combination of races and dogs
Genesis Pool (GPool), the decentralized cross-chain launchpad is excited to announce its sixth IDO: DogyRace — The dog racing game based on RNG technology and built on the Binance Smart Chain. Bet on the best dogs and create your own team. Discover the world of online racing and betting in a safe and easy way.
Genesis Pool is continuing its non-stop IDO push, now announcing the 6th IDO in quick succession. Two more project raises will be announced very shortly and many more are in the pipeline, so make sure to follow Genesis Pool on all social platforms to stay up to date.
Following a steady stream of feedback from the community since the last IDO, the Genesis Pool team has been hard at work to come through and provide for the OG community. In the last Telegram community poll a few days ago, Gaming and NFT projects won by a landslide. We’re excited to announce the first of many upcoming gaming crypto projects, DogyRace, an NFT based racing/betting project’s official IDO.
Stay tuned for the next 2 IDO announcements!
DogyRace
A dog racing game based on RNG technology and built on the Binance Smart Chain
The crypto betting market is one of the fastest growing markets in the space. From casinos and sports betting, to price predictions and of course, racing, these projects transact billions of dollars of revenue every year.
Dogy Race aims to implement both the betting market and NFT market in one ecosystem, therefore including two of the hottest sectors in crypto.
In their own words:
“The NFT is a non-fungible token that is a unit of data that is stored on a blockchain and attests that a digital asset is unique and therefore cannot be duplicated.
We know that this concept of digital property is still very new, and there is certainly a valid argument of potentially increasing the value of an authentic and non-replicable NFT with a fully transparent property.
From DogyRace we have thought of several ways to do this but certainly the most profitable for the players and for the creators was to monopolize the market and create a decentralized platform on dog racing that is sustained on the blockchain that allows players to bet on races, compete with their own dogs and also acquire the dog tracks to take a percentage of the races.
We decided to create DogyRace to take the betting world to another level and make it secure and totally transparent to be able to play with total security.”
DogyRace IDO tokenomics and timeline
DogyRace will allocate its public funding to Genesis Pool, along with Daostarter & Erax. A total of 2,000,000 tokens will be allocated to the GPool community, for a total target raise of $100,000.
During the IDO, all token distributions will be at all times controlled by the Genesis pool team, guaranteeing on-time transactions for all investors. Additionally, the tokens allocated to the Genesis Pool community will be distributed 1 full hour before the two other launchpads participating in the public sale, Erax and Daostarter. This will provide all Genesis Pool investors a fantastic opportunity to make diligent decisions and not worry about the initial activities of other investors.
The DogyRace team has allocated a full 2% of their supply to be distributed as rewards to Genesis Pool investors participating in the staking platform. This will add up to significant APR being distributed to stakers, along with all other IDO tokens so far. The Genesis Pool staking platform will be one of a kind, providing the community with fantastic returns and a chance to increase holdings for every project raised on the platform.
Stay tuned on all of Genesis Pool’s social media accounts to stay up to date with all announcements!
Tokenomics
Private 25%: 25,000,000 @ $0.03 fully diluted
Public 22%: 22,000,000 @ $0,05 fully diluted
Liquidity Provision 25%: 25,000,000
Team 5%: 5,000,000 will be locked for 20 months
Partners 6%: 6,000,000 locked for 10 months
Development 10%: 10,000,000
Marketing 7%: 7,000,000
Listing: $0,08 (PancakeSwap)
Sale Details
- Target Raise: $100,000
- Price per token: $0,05
- Allocation amount: $500-$1000
- Allocation Type: Public Round
- Vesting Periods: 20% TGE — 40% for 2 months
Timeline
19th November 15:00 PM UTC: Internal AMA (AMA in the GPool Telegram group with the DogyRace team)
20th November 12:00 AM UTC: Whitelist opens
21st November 12:00 AM UTC: Whitelist closes
21st November 06:00 AM UTC: Round 1 starts
22nd November 06:00 AM UTC: Round 1 ends
22nd November 18:00 PM UTC: PancakeSwap listing
22nd November 19:00 PM UTC: Token distribution
Whitelisting will take place through the GPool website and further details will be released on how to participate.
Further information regarding DogyRace
DogyRace consists of a full NFT & betting ecosystem. Users can purchase NFT racing dogs, and put them to use in races taking place on the platform. The winner of each race, selected via an RNG algorithm, takes all winnings.
Additionally, users can buy racing canodromes and collect fees on races, and even trade their NFT’s in DogyRace’s very own marketplace.
“Our dogs are totally unique, just like in real life they have different characteristics such as speed, strength, endurance and also a market value. Each NFT dog has a set of visible and hidden characteristics: Visible: breed, color, weight and endurance. Hidden: speed and strength.
Strength, endurance and speed are the most influential parts of the dog to help him win the race. We use NFT technology to create and differentiate each dog in the game. The dogs are stored as NFT tokens that can be purchased on NFT marketplaces (in-game or third party). The data of each NFT dog is visible to the public. Users can inspect each dog’s appearance, check its racing history and form. Each dog will have a level that will help to match against opponents of the same level, the higher the level the higher the market value.
Dog races have always been held in canodromes, where dogs compete for the first place. We have implemented the option for players to buy these canodromes and thus be able to take a commission for each race. The canodromes can also be sold in the NFT marketplace; those without owners will be managed by the bookmaker.”
— The DogyRace Team
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For further information please register your email on our website for all future whitelistings.
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