Pegaxy IDO Launch on KrystalGO: Announcement & Participation Details

Whitelist Registration for $PGX IDO will begin on November 1. Visit KrystalGO to complete KYC and stake $KNC to accumulate points. You can check your points & tier on the Dashboard.

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Krystal Wallet

6 min readOct 29, 2021

Pegaxy is a racing game with futuristic mythological styling. It is built on a dual economic model with 2 native currencies. One of which is Pegaxy Stone ($PGX), a governance token built on the Polygon (Matic) Chain.

We hope you’re ready for the upcoming $PGX token launch by Pegaxy, set for launch on KrystalGO.

Pegaxy Pool on KrystalGO
Whitelist Registration
Token Sale
Vesting Schedule
$PGX listing
How to join Pegaxy Pool on KrystalGO?
∘ Step 1: Connect Wallet on KrystalGO
∘ Step 2: Go to Dashboard, Complete KYC
∘ Step 3: Accumulate Points
∘ Step 4: Check your Tier
∘ Step 5: Select Pegaxy IDO Pool, and complete Whitelist Registration
∘ Step 5: Check Whitelist results

Pegaxy Pool on KrystalGO

Token Ticker: $PGX
Token Type: ERC-20
Network: Polygon
Total Allocation: 400,000 USDT

-Pegaxy Public Pool: 390,000 USDT

-Pegaxy Partner Pool: 10,000 USDT (reserved for contest winners and Pegaxy’s partners)

Total Available Tokens: 20,000,000 $PGX
Deposit Token: USDT on Polygon
Price per token: 0.02 USDT

Whitelist Registration

Starts: November 1, 2021, 08:00 UTC (16:00 GMT+8)
Ends: November 4, 2021, 08:00 UTC (16:00 GMT+8)

Whitelist Results Announcement: November 4, 2021, 10:00 UTC (18:00 GMT+8)

Token Sale

Phase 1: November 5, 2021, 08:00–11:59 UTC (16:00–19:59 GMT+8)

ONLY Whitelisted users who are given an allocation based on their tier, can purchase during this phase.

Phase 2: November 5, 2021, 13:00–14:00 UTC (21:00–22:00 GMT+8)

All users who registered for the project pool can purchase. Token amount will be predetermined.

Phase 3: November 5, 2021, 15:00–16:00 UTC (23:00–00:00 GMT+8)

All KYC-ed KrystalGO users can purchase. Token amount will be predetermined.

In Phase 1, you can purchase your allocation anytime during the token sale time. However, Phase 2 and 3 will run on a First come First serve (FCFS) basis.

Vesting Schedule

50% unlocked at TGE: November 6, 2021, 08:00 UTC (16:00 GMT+8)
50% unlocked over the next 5 months

$PGX listing

KyberDMM — November 6, 2021, 07:00 UTC (15:00 GMT+8)

Join this upcoming IDO here!

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How to join Pegaxy Pool on KrystalGO?

To be eligible, please complete the following steps.

Step 1: Connect Wallet on KrystalGO

Step 2: Go to Dashboard, Complete KYC

If you need help, you can find the complete instructions here.

Step 3: Accumulate Points

You can check your points and tier on the KrystalGO Dashboard. (Do note you can only check this on the KrystalGO page, not the Krystal page)

There are 2 ways you can accumulate points.

Stake KNC on KrystalGO (1 KNC = 1 point)

No minimum requirement for Topaz ; minimum requirement required for Obsidian, Emerald or Sapphire.

Go to Dashboard
Select your preferred chain. We support staking on Ethereum, BSC and Polygon. All chains are eligible.
Approve KNC token to stake. You only need to do this transaction once.
After the transaction is confirmed, click on Stake to stake your KNC.
Once staked, you can only unstake after 7 days.
If you want to buy more KNC to stake, click on the ‘Buy KNC’ button, and it will bring you to the Krystal website, where you can swap any tokens for KNC.

Trade on Krystal (10 USD = 1 point)

This is not a requirement. If you have already achieved your desired tier by staking KNC, you don’t need to fulfil any trading requirements.

Your trade volume will be calculated 30 days back from the end of a project’s whitelist stage —IE. November 4, 2021, 10:00 UTC (18:00 GMT+8).

Step 4: Check your Tier

🟠 Topaz (0 points)

No guaranteed allocation. All participants in this tier will have to enter a raffle, and the whitelisted slots will be randomly assigned.

Minimum amount of KNC staked = 0
No minimum point requirement for this tier. You just have to complete KYC.

🟣 Obsidian (3,000 points)

No guaranteed allocation. All participants in this tier will have to enter a raffle, and the whitelisted slots will be randomly assigned.

Minimum amount of KNC staked = 1,200 KNC
To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

🟢 Emerald (10,000 points)

Guaranteed allocation

Minimum amount of KNC staked = 4,000 KNC
To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

🔵 Sapphire (35,000 points)

Guaranteed allocation

Minimum amount of KNC staked = 14,000 KNC
To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

IMPORTANT NOTES

Your exact allocation will only be revealed on November 4, 2021, 10:00 UTC (18:00 GMT+8).
Please make sure to maintain your tier until your allocation is revealed.
The higher the tier, the greater the token allocation.

Step 5: Select Pegaxy IDO Pool, and complete Whitelist Registration

Go to Pools
Select Pegaxy
Click on Register Now
KrystalGO will ask you to sign your wallet. Click Sign on your wallet to complete the registration process
Your status still be updated to Registered.
Do note that you have to maintain your tier level throughout the registration period until the results are announced.
Participants in ALL TIERS have to wait until the end of Whitelist Registration for the Whitelist Results Announcement to find out their token allocation.

Step 5: Check Whitelist results

This will be announced on November 4, 2021, 10:00 UTC (18:00 GMT+8).
If you are in tiers Topaz or Obsidian, a raffle will be conducted at the end of the Registration period. You will know if your wallet has been selected during the announcement.
If you are in tiers Emerald or Sapphire, you will find out your token allocation during the announcement.

For more information, you can check out our complete Participation Guide.

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About Pegaxy

Pegaxy is a play-to-earn PVP style horse racing game where players compete for top 3 placement against 11 other racers. Each race has randomised elemental variables which include wind, water, fire, speed and more. Using strategic upgrades, food and skill, players must place in the top 3 to earn the platform’s utility token, VIS (Vigorus).

Within the game, players are able to breed, rent, sell, and of course race their Pega to earn VIS tokens. This system has proven to be a sound long-term economic approach when building an NFT/Blockchain based game as it enables teams to build large guilds, scholarship programs, and even provides solo players the opportunity to earn a second income through daily racing.

Pegaxy Vision

Through strategic development and community insights, Pegaxy aims to become the home of horse racing in the Metaverse, while simultaneously providing an ecosystem where users are able to play, socialise and work in the same space.

Website | Facebook | Twitter | Discord | Telegram

About KrystalGO

KrystalGO is a platform that allows community members to participate in public rounds of funding by token projects.

KrystalGO has participation tiers designed to cater to users of different portfolios. To qualify, users are allotted points in 2 categories — amount of staked Kyber Network Crystal (KNC) tokens at KrystalGO, and overall token swap trading volume on the Krystal platform.

At launch, KrystalGO supports projects built on Ethereum, Binance Smart Chain (BSC), Polygon and Avalanche. It will soon expand to include other networks to cater to more projects and users.