SingularityDAO Launchpad: HyperCycle Token Generation Event
The SingularityDAO Launchpad prepares for its third TGE — HyperCycle, a Layer 0++ Blockchain Optimized for AI, from the SingularityNET Ecosystem
KYC Live Now: https://kyc.hedgetech.ai/verify/start
Greetings DinoForce,
Just a few short weeks after the successful launch of Rejuve.AI, the SingularityDAO Launchpad is preparing for its third Token Generation Event (TGE) — HyperCycle.
HyperCycle is a platform-agnostic Layer 0++ blockchain from the SingularityNET Ecosystem, and is designed from the ground up to enable not only all the usual blockchain services such as smart contracts and DeFi, but most specifically, the Internet of Artificial Intelligence.
To learn more about the project please read the HyperCycle Whitepaper.
Those of you who participated in the Rejuve.ai launch, which raised 900K$ over 2 rounds, will be familiar with the process. Guaranteed allocations based on DAO Participation Staking Tiers will once again be available — as “Round 1 — Guaranteed Allocation”. Followed by “Round 2 — First Come First Served”, in which all remaining tokens will become available to anyone who has completed KYC regardless of their DAO Participation level. This approach was decided some months ago through a DAO Governance Event and proved to be extremely successful and well received by all.
New Launchpad Features
During the Rejuve launch, there was some feedback that users would like the ability to contribute using AGIX and SDAO tokens, this has been considered and will be available for the launch of HyperCycle.
*Ecosystem Token Contribution has now been filled. Only USDT remains available.
During KYC users will be requested to select their desired contribution token and be assigned to a pool based on that selection.
Eligibility Tiers Explained
While the SingularityDAO Launchpad is available to any worthy project, some priority is given to Artificial Intelligence projects, and of course, supporting the SingularityNET Ecosystem. This new SDAO Tier System will be applied to all launches on the platform, but there will be some additional means of participation specifically for Ecosystem Projects through the support of the AGIX token. Users with both SDAO and AGIX tokens ARE ELIGIBLE to participate in both pools simultaneously.
SDAO Staking Tiers (ERC20/BEP-20)
S: 20,000 SDAO
A: 10,000 SDAO
B: 5,000 SDAO
C: 2,500 SDAO
D: 1,000 SDAO
Epoch/Bonded Vaults: Included
Unbonded Vaults: Included (SingularityDAO dApp)
Liquidity Provision: Not Included
Unstaked: Not Included
AGIX Staking Tiers (ERC20)
S: 20,000 AGIX
A: 10,000 AGIX
B: 5,000 AGIX
C: 2,500 AGIX
D: 1,000 AGIX
AGIX Staking Portal: Included (staking.singularitynet.io)
AGIX Unbonded Pool: Included (Pool can be found on the SDAO dApp)
AGIX-ADA: Included (wallet link required)
Liquidity Provision: Not Included
Unstaked: Not Included
Further Participation Details
In order to participate, users will be required to complete a KYC/AML process, a link will be shared on social media when KYC opens, for those wishing to participate, details of which can be found in the image below.
Within 48 hours of the KYC ending, and any time up to the completion of the event, snapshots will be taken to ensure that participants do not move their SDAO or AGIX.
Should you require any assistance throughout the KYC or Launchpad event, please use the following ‘HyperCycle — KYC Troubleshooting’ Telegram Channel.
Timeline Of Events
17th April: HyperCycle TGE Announced
18th April 12:00 UTC: KYC Begins (Users must select contribution token)
25th April 12:00 UTC: KYC Ends
26th April 12:00 UTC: Snapshots Begin
28th April: Allocations Assigned
Round 1: DAO Participation
1st May 12:00 UTC: Contributions Open
1st to 3rd May: USDT Contributions To Allocated Pool(s)
3rd May 23:59 UTC: Contributions Close
4th May: Unassigned Tokens Allocated to FCFS Pool
Round 2: First Come First Serve
4th May 12:00 UTC: Contributions Open
4th May 23:59 UTC: Contributions Close*
5th May: Snapshots End
*Contributions will close early if allocation is filled
8th May 12:00 UTC: Token Claim Opens
Full details on this Token Generation Event, including Tokenomics and Distribution, will be published by HyperCycle over the coming days. Be sure to follow their Twitter and join their Telegram Channel.
Closing Remarks
Many thanks to the continued support of the SingularityDAO and SingularityNET communities that have already made possible two extremely successful ecosystem launches, NuNet and Rejuve.
Stay tuned to all SingularityDAO Social Channels as HyperCycle is the first in a packed schedule of upcoming launches in the coming weeks and months.
Social Links
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