CrypCade IDO Fresh Updates!
We continue to keep an eye on the market and we’re clearly seeing some positive trends. The overall mood of investors is improving, which means that…
We can happily announce the CrypCade IDO, which will be held on our site on August 9th and 10th! It only gets better as we close in on the TGE, right?
Excited? Hang on there, we have more good news. The project has revised its tokenomics and vesting plan. Now, 20% of the purchased allocation is released at the TGE, instead of the previous 12%.
We are so glad that we can provide our holders with the opportunity to participate in an IDO for a project at this level of development.
We’d like to remind you that you can already try out CrypCade’s metaverse, which includes racing and mini-games. Just download the current version for Windows or Mac at: https://www.crypcade.city/
IMPORTANT UPDATE: the structure of the sale on our site will operate using a 2-Tier system (Tier 3 for SHAKE coin is excluded for this sale).
Tier 1. Low Fat
Min stake:
- 10,000 MILK2
Max stake (amount taken into account):
- 29,999 MILK2
Total raise:
- $10,000
Max number of participants:
- 100
Average allocation:
- $100
Rules of registration:
- FCFS
Registration stage:
- 7 am UTC (09.08.22) — 3 pm UTC (09.08.22)
Purchase stage:
- 3 pm UTC (09.08.22) — 8 am UTC (10.08.22)
Tier 2. Creamy
Total raise:
- $10,000
Max number of participants:
- 50
Stake sum:
- from 30,000 MILK2
Fixed allocation:
- $200 (this allocation may be larger if less than 50 participants take part in the sale)
Rules of registration:
- FCFS
Registration stage:
- 7 am UTC (09.08.22) — 3 pm UTC (09.08.22)
Purchase stage:
- 3 pm UTC (09.08.22) — 8 am UTC (10.08.22)
After the end of the main sale, if there are any coins left over, we will hold everyone’s favorite flash sale on the following terms:
Sale for:
- MILK2 stakers
Slot number limit:
- No
Min MILK2 amount for registration:
- 5,000 MILK2
Max stake (amount taken into account):
- 30,000 MILK2
Registration stage:
- 11 am UTC (10.08.22) — 12 pm UTC (10.08.22)
Purchase stage:
- 12 pm UTC (10.08.22) — 2 pm UTC (10.08.22)
The flash sale will be announced immediately after the end of the main sale, if applicable.
FAQ
Q: What do you need to participate in the sale?
A: Stake MILK2 BEP-20 in the pool. Stakes for both MILK2 tiers goes into the same pool here: https://launchpad.spaceswap.app/staking/milk2
Q: Where do you buy MILK2 BEP-20?
A: Instructions: https://blog.spaceswap.app/tpost/zop6u9mc21-buying-milk2-and-shake-tokens-on-uniswap
Q: Can I participate in both tiers using one address?
A: Yes, the same address can be used for both tiers if it is registered for both tiers with the correct balance.
Example: You stake 30k MILK2. If you sign up for Tier 1, 29,999 MILK2 will be counted as your share of the stake. For Tier 2, 30k MILK2 will be taken into account.
Please note: you need to register for each sale separately! We will reshare the links before the sale begins.
Q: I only have a 5k MILK2 stake, can I participate in the IDO?
A: You will not be able to participate in the main sale on August 9th if your stake is less than 10k MILK2. However, if we hold a flash sale on August 10th, users with a stake of 5k MILK2 will be able to register and purchase coins.
Q: So, there will not be a sale for the SHAKE Tier?
A: No, this time there won’t be, it will be used in subsequent sales with larger allocations.
Q: Will it be possible to increase my stake during the sale?
A: As always, you can add to your stake to increase your share for Tier 1 right up until the end of the registration stage. Or you can join Tier 2 (for a stake of 30k) if you manage to be one of the first 50 participants.
Q: Will the bridge be relaunched before the IDO?
A: Full-scale testing of the bridge is scheduled to begin next week and will most likely not be finished until this sale. We apologize, and hope for your understanding.
