RoboFi — IBO(Initial Bot Offering) Goes Live
RobFi, a groundbreaking new ecosystem that blends the DeFi space with decentralized autonomous crypto trading bots (DABots) has successfully completed its testnet and internal audit phases of development and launched its Initial Bot Offering (IBO) in mainnet.
Following a successful set of testnet launches, we are pleased to announce that Initial Bot Offering (IBO) is now live. We are still processing all that has occurred in the aftermath of the DABots mainnet launch, and hence cannot adequately express our emotions. We are constantly pinching ourselves to see whether we are dreaming or if this incredible sensation is genuine. However, this is only the start of a new chapter for RoboFi.
The IBO is the phase in which bot tokens (C-token and G-token) are offered to the community and an initial budget for bots is raised. Additionally, Initial Bot Offering enables you to market your crypto trading bots and services to the general public, most notably the RoboFi community. It enables you to more easily raise funds. We’d like to discuss with you some of the possibilities for this phase.
· Bot targets to raise an initial fund for trading activities. This initial fund is called IBO CAP.
· Any early-bird user can stake crypto assets and so become “pioneer stake users,” contributing to the IBO CAP of the bots. These users receive C-tokens (in exchange for their staking) and then have the option of purchasing bot G-tokens at the IBO price (which is also the cheapest price if compared to Regular price after IBO). VICS is required in order to purchase G-token.
· Due to the requirement for initial funding, users who do not stake to bots during the IBO phase will be unable to purchase the bot’s G-token. If a person wishes to purchase G-token but not stake, it is recommended that they do so after the IBO period.
· Bots are raising initial fund; hence bots do not distribute rewards in this phase. Bots will start to distribute rewards in “After-IBO” phase.
DABots “In-IBO” phase are denoted with tag IBO END [countdown-timer] in RoboFi Store.
At the end of IBO phase, bots already have some fund to start trading. This fund may reach the
IBO CAP in an ideal case. Bots will move to "After IBO" phase to continue to receive more stakings from users until bots reach the MAX CAP.
To read the full guide, please visit the following link: https://docs.robofi.io/user-guide/
If you face any problem, don’t hesitate to contact our admin on telegram.
Numerous individuals have been crucial in making today’s launch possible, and we are humbled and appreciative for the outpouring of support. We’ll continue to analyze platform usage in the next weeks and months and work to improve platform stability and performance. Additionally, we have some extremely interesting features that we will be implementing over time that will enhance the user experience even more.
RoboFi (https://robofi.io/home/) is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.
VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.