SpaceY 2025 $SPAY IDO and Community pools are Live on Red Kite! Let’s Apply Now!

Sekie @Icetea Labs
Red Kite
Published in
4 min readNov 16, 2021

SpaceY 2025 IDO Pool (whitelist winners) and Community Pool (participants on Gleam competition) are live on Red Kite now. The allocation for the two pools is respectively $148,000 and $2,000 SPAY at IDO price.

📆 Schedule

  • Registration time: 10:00 AM UTC, Nov 16–07:00 AM UTC, Nov 19
  • Winner announcement: November 19, 2021
  • IDO pool date: November 20, 2021
  • IDO’s buying time (Phase 1 — Guaranteed allocation): 12:30 PM UTC — 01:30 PM UTC
  • IDO’s buying time (Phase 2 — FCFS): 01:30 PM UTC — 01:45 PM UTC
  • Community pool’s buying time: 01:45 PM UTC — 02:00 PM UTC
  • Listing time: 01:00 PM UTC, November 21
  • Claiming time: 12:00 PM UTC, November 21

📎 Pool details

  • Token type: BEP20
  • Price per token: $4 per $SPAY
  • Vesting schedule: Unlock 10% at TGE; 20% 3 months after; 30% 6 months after; 20% 9 months after; 20% 12 months after.
  • Accepted currency: BUSD
  • Network: BSC
  • Restricted countries: United States of America, China, Hong Kong, and all sanctioned OFAC countries (DR Congo, Iran, Myanmar, Sudan, Iraq, Ivory Coast, North Korea, Syria, Zimbabwe, Cuba, Belarus, Liberia)

⭕ Token allocation details

➡️ IDO pool

  • Token allocation: $148,000
  • Minimum tier: Dove
Allocation for each tier in IDO pool

➡️ Community pool (No tier or whitelist application required)

  • Token allocation: $2,000
  • Number of lottery winners: 500 (chosen randomly based on scores on Gleam tasks)
  • Number of available slots: 100 (FCFS basis)
  • Slot value: $20

📖 How to join the SpaceY 2025 IDO pool on Red Kite?

To be eligible for the SpaceY 2025 public offering on Red Kite, please complete the 2 parts:

1️⃣ Part 1: Follow SpaceY 2025’s and PolkaFoundry’s social channels below:

2️⃣ Part 2: Complete the following steps

👉 Check the detailed guidance for Part 2 HERE.

📖 How to join the SpaceY 2025 Community pool on Red Kite?

1️⃣ Step 1: Visit the community competition on Gleam HERE.

2️⃣ Step 2: Fill out the required details (Full name, Email, Wallet Address, Telegram username, Twitter username). You MUST enter the same wallet address you intend to register on Red Kite, or else you may not be able to get your allocation on the IDO date.

3️⃣ Step 3: Complete tasks on Gleam, plus Like and retweet the IDO announcement tweet with hashtags #RedKite #SpaceY2025 $PKF $SPAY.

🔖 Tip: You can refer your friends on Gleam for extra 5 points. Remember that the more points you have, the more likely you are chosen as a winner.

About SpaceY 2025

SpaceY 2025 is a Metaverse NFT tower defense game offering diverse gaming experiences and chances to monetize. The project aims to help inherit human cultural genes and create a virtual world through NFTs. The SpaceY 2025 team is trying to be a leading open-source Metaverse platform for all players to develop independent games.

Find out more about SpaceY 2025:

About Red Kite

Red Kite is a cutting-edge launchpad powered by PolkaFoundry as a part of the growing $PKF ecosystem. Red Kite projects are carefully chosen through vetting, which takes everything from the origins of the project teams to legitimacy and implementation capacities into account. These projects are also supported by a network of our high-class marketing partners, leading influencers, and interactive communities.

Need more information about Red Kite? Follow us on PolkaFoundry’s official groups and channels so you won’t miss anything!

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