$WOMBAT IDO: latest updates

Olga Ivanova
Wombat Blog
Published in
3 min readJul 21, 2022

Hi Wombat Family!

With less than a week left prior to the IDO, it’s more important than ever that you have all the information you need. Thus, we want to share some updates with you. Before we get into the details, there are no drastic changes to the procedure — everybody who already got or will get the official invitation to the token sale with KYC instructions will be able to participate.

Purchase currency

After long consideration, the Polkastarter team and we decided to go for $MATIC instead of $USDC to reduce barriers for participants. It means that everyone participating in the IDO will need to buy or swap other tokens for $MATIC instead.

Token purchase cap

Following discussions with Polkastarter, the maximum allocation for allowlist winners who don’t hold POLS (the Polkastarter token) will be $1250, and the maximum allocation for POLS holders (those who made it on the final allowlist) will be $2000. If you are a Wombat community member with a strong interest in buying significantly more than $1250 or $2000 in the IDO, please email us at contact@wombat.app.

Update from 25.07.2022 as follows:

Public sale token allocation

Instead of 3% as communicated before, only 1% of the total supply of $WOMBAT will be set aside for the token sale.

KYC deadline extended

Instead of July 25th, 13:00 UTC, KYC submissions will be accepted until July 26th, 13:00 UTC.

We will do our best to prevent any such short-notice changes before the token sale. From now on, there will only be exciting news! 🚀

!IMPORTANT!

Prior to the IDO, no details will de publicly disclosed about the token smart contract(s), potential exchange listings, liquidity pools and so forth. Please assess any of such information carefully and remember it will only come from official sources:

No team members of Wombat or Polkastarter will contact you in private unannounced.

About Wombat

Wombat is a Web 3.0 gaming platform that enables players to monetize their playtime & achievements and transforms NFT ownership into a social experience that can be shared with friends and peers. Through the vast ecosystem of mainstream AA/AAA titles and NFT games, Wombat bridges the exciting world of Web 3.0 with globally loved games for both players and game developers. You can learn more about us from our white paper.

About Polkastarter

Polkastarter is a fully decentralized protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets.

With Polkastarter, decentralized projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure and compliant environment and use assets both in and beyond the current ERC20 standard.

Join The Wombat Family!

Our team and other community members will be happy to discuss all things blockchain gaming, NFTs, EOS, WAX and whatnot. Come say hi on:

Twitter
Telegram
Discord

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