Arcade Network IDO Whitelisting Campaign is Live
Important details and instructions for the upcoming Arcade Network IDO on Scaleswap
About Arcade Network
Arcade Network is the world’s first decentralised platform providing cross metaverse asset interoperability. Making use of Blockchain technology & NFTs, Arcade Network creates a unified relayer bridge that enables seamless movement of in-game assets.
It will be based on a way gamers will have to create non-custodial wallets on Arcade Network platform, choose the items they would like to transfer and pick the metaverse into which they would like to transfer the item. It’s going to be possible to transfer items in only specific metaverses, since from the beginning a limited number of metaverses will support the functionality. For now this allowance has to be manually coded, while in the near future the team would like to use machine learning to automatise the process.
The original creator of the asset gets royalty fees and metaverses into which the item is transferred are also getting a percentage. This way they plan to incentivise all the actors.
Highlights
- Bringing interoperability to the gaming ecosystem
- Providing true ownership of in-game assets
- World’s first metaverse money market
- Multicurrency and crypto collectibles wallet
- Partnership with VulcanForged
IDO Details
Arcade Network(ARC token) will launch on Scaleswap via private pool only(open to users based on ScaleSCORE ranking). The total raise for it - $50,000 USD.
How can I establish or improve my ScaleSCORE? See: https://bit.ly/3lRyMx5
Only whitelisted users who have successfully completed KYC are permitted to take part in the IDO (this applies to both public and private pools).
- Token symbol: ARC
- ETH/USDT Peg Rate: TBA (at least 1–2 hours before IDO)
- Initial marketcap at TGE: $390,000
Private Pool Details
- Date: 2d of DEC at 12 PM UTC
- Total private pool raise: $50,000
- Token IDO price: $0.06
- Total number of tokens: 833,333
- Max cap per person: $200
- Vesting: 25% release at TGE, linear release over next 3 months (25%, 25% ,25%)
Whitelisting & KYC Event is Live 🔥
- Whitelist start date: November 29th at 6 pm UTC
- Whitelist end date: December 1st at 12 pm UTC
Please make sure that you submit the correct participation wallet during Whitelisting AND KYC (Metamask is strongly preferred)! You will not be able to participate with any wallet address other than this one!
Please note that the KYC process has changed and you will not need to wait for an email to proceed. The KYC link is provided directly in the Gleam form during the whitelisting process.
We will run a whitelisting campaign and KYC in parallel, so please make sure you follow the KYC link provided during the Gleam whitelisting process and complete your KYC as soon as possible.
Tip: We highly recommend interacting with Fractal (our KYC provider) using a Fractal account connected to an email rather than a phone number.
Private Pool (ScaleSCORE based) Instructions:
Private Pool Whitelisting Signup:
https://gleam.io/competitions/wiOsD-arcade-network-private-pool-whitelist-application
For the private pool, you will only need to enter your email and the wallet address that contains your SCA tokens and ScaleSCORE. It is critical that you submit the wallet address that contains your SCA tokens (the one connected to https://app.scaleswap.io/) in both the whitelisting form and ALSO during the KYC process.
Entering the wrong wallet, two different wallets, or an empty wallet that does not contain SCA/ScaleSCORE will result in losing your opportunity to participate in the private pool.
The link for completing the necessary KYC is provided directly within the Gleam form.
More About the Private Pool
Final invitations to participate in the private pool will be sent via email to those who successfully whitelisted and passed KYC.
Private Pool guaranteed participation is based on ranking according to your ScaleSCORE. For the Arcade Network private pool, the top 250 ScaleSCORE holders will be able to participate in the first 15 minutes. The list of the eligible addresses will be released at least 1 hour prior to the IDO start time.
Please note that some top ScaleSCORE holders may not participate or invest the max amount. Therefore, the actual number can easily expand beyond the first 250 and open up to many more.
If the private pool is not filled in the first 15 minutes by the top 250 ScaleSCORE holders, the next 50 highest ranked addresses will be whitelisted for another 15-minute window. This procedure will repeat every 15 minutes until the pool is filled.
How can I increase my ScaleSCORE to improve my chances of guaranteed participation? See: https://bit.ly/3lRyMx5
Private Pool Whitelist Tier System Summary:
- The volume of Private Pool / max allocation = max number of guaranteed participants
- Number of guaranteed participants is decided based on ScaleSCORE ranking.
- We offer a 15 minute window for guaranteed participation. If you do not complete the process inside of that time, you may lose your guaranteed allocation.
- After the 15 minute window expires, we start to whitelist the next top 50 ScaleSCORE holders until the pool is filled.
Please direct all additional questions to our official Telegram discussion group: https://t.me/scaleswap
Be Alert for Scams
We’re in an exciting phase for the project, which potentially makes our community a target for scam attempts. Please remain diligent in protecting yourself.
⚠️ ARC tokens are not available until the IDO takes place. If you encounter any tokens or pools claiming otherwise, do not buy them and please report it to us immediately.
⚠️ We will always make all official announcements here: https://t.me/scaleswapann
⚠️ Scammers may attempt to impersonate Scaleswap or Arcade Network team members. Be wary of imposters and fake emails. Always remember that admins will NEVER initiate a DM first. We will never request funds, passwords, or private keys for any reason whatsoever.
Frequently Asked Questions
Which countries are excluded in the IDO participation?
Please be aware that if you are a citizen, resident (tax or otherwise) or green card holder of The United State of America, you cannot participate in whitelisting. General terms and conditions apply.
How will you discourage bots and cheating?
The whitelisting process utilizes a fraud filter to detect bots, scripts, and multiple emails from the same IP address. Additionally, whitelist entrants will be checked for: valid addresses, Telegram handles, e-mail addresses, and Twitter accounts. If any bot or manipulation attempts are detected, they will be eliminated prior to the randomized drawing.
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