UPDATED: Plethori Finalizes Dual IDO With IGNITION & SAMURAI

Callum Mitchell-Clark
Plethori
Published in
3 min readApr 10, 2021

Plethori are delighted to announce that all details for their Initial Dex Offering (IDO) have now been finalized — they will be undertaking a dual launch using Paid’s IGNITION launchpad, and Cyberfi’s SAMURAI launchpad.

The dual IDO represents the final round of fundraising for Plethori, following the very successful seed and private sale rounds where they raised $750K USD.

IDO DETAILS

  • 3,750,000 PLE will be available during the two IDOs: 2,500,000 PLE has been allocated for the IGNITION launch; 1,250,000 tokens has been allocated for the SAMURAI launch.
  • Tokens will be issued at $0.04 USD. The total raise is $150,000 USD.
  • The total allocation for the dual launch makes up 3.75% of Plethori’s total supply.
  • There will be no locking period — 100% of tokens sold through the IDOs will be available to investors upon launch.

IGNITION

The time-line for Plethori’s IDO with IGNITION is as follows:

April 10th 14:00 UTC: Whitelist Opens (Whitelist for Plethori on Ignition HERE)

April 13th 04:00 UTC: Whitelist Closes (NOW CLOSED 13/04/2021)

May 3rd: Initial DEX Offering

  • 11:00 UTC: Galaxy Pool Launch (guaranteed allocation)
  • 11:30 UTC: Moon Pool (First-come-first-serve)

SAMURAI

The time-line for Plethori’s IDO with SAMURAI is as follows:

April 12th 14:00 UTC: Whitelist Opens (Whitelist For Plethori on Samurai HERE)

April 15th, 14:00 UTC: Whitelist Closes (NOW CLOSED — 15/04/2021)

April 16th at 14:00 UTC: Whitelist Winners Announcement

April 16th at 14:00 UTC: KYC Opens

April 17th at 14:00 UTC: KYC Closes

May 3rd: Initial DEX Offering

May 3rd 14:00 UTC to April 19th 00:00 UTC (10 Hours): Participation

May 3rd: TOKEN GENERATION EVENT
-
14:00 UTC: Uniswap Exchange Listing
- 14:00 UTC: $PLE Token Claim

About Ignition

Ignition Launchpad is Paid Network’s crowd funding platform. In collaboration with Master Ventures, Ignition has a reach of in excess of 65,000 institutional and retail investors. Their Telegram and Twitter communities boast over 50,000 members, and their network to other crypto communities and top-tier influencers is impressive to say the least.

Website | Telegram | Twitter |

About Samurai

The Samurai Launchpad is Cyberfi’s cross-chain crowd-funding launchpad. They offer the added utility of enabling Layer 2 launches, and are one of the only launch pads with a dedicated “Stake Pad”. Samurai’s “Stake Pad” provides hassle-free staking and liquidity farming platforms to the projects launching via their system, allowing the projects to provide their communities with an almost immediate ability to begin earning a passive income.

Website | Telegram | Twitter |

About Plethori

Plethori is a Cryptocurrency ETF Investment Platform that allows open trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions. The platform offers decentralized cross-chain investment for exchange-traded funds built on the Ethereum and Polkadot blockchains. This service will allow investors to deposit capital and invest in a wide range of ETFs enabling investment into entire cryptocurrency industries such as insurance, oracles, NFTs, Derivatives, Polkadot ecosystem projects and many more.

Website | Telegram | Twitter | Pitch Deck | Whitepaper

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