ArenaPlay Liquidity Launch

Name: ArenaPlay Liquidity Launch
Start: 2022-07-14
End: 2022-07-14
Location: BSC

New token launch for a bet-to-earn platform on BSC.

ArenaPlay is a decentralized betting platform for e-sports, sports & bitcoin price predictions.

DETAILS

Launch Details
- Token launch on Pancakeswap
- Listing price: $0.6
- Presale price: $0.3
- Initial marketcap: No information available
- Claim $1,400,000 was raised in the IDO sale round and $2,000,000 in Institutional sale round
- IDO participants can claim 30% of their tokens at launch, then tokens vested linearly over 7 months

Mechanics
- Players bet on the various types of prediction and quiz games available on the platform
- Successful bets earn $APC rewards
- $MUSD (stablecoin) is used to participate in the games
- Players will be able to exchange $APC for $MUSD and vice versa
- Players can use $MUSD to exchange for Blind Boxes which are also used to participate in games
- $APC can be used to provide liquidity to earn farming rewards

Tokenomics
- $MUSD is the platform’s stablecoin and game token; pegged 1:1 to USD
  - No fixed supply
  - Used for participation in games and competitions
- $APC is the native utility token
  - Total supply: 100,000,000 $APC
    - 43% – Ecological applications
    - 20% – IDO (30% TGE, then daily linear vesting over 7 months)
    - 10% – Institutional Investors (0% TGE, 5% every month for the first 4 months, then 80% vested linearly)
    - 10% – Liquidity Pool
    - 5% – Marketing & Community fund (5% TGE, then quarterly linear vesting over 5 years)
    - 5% – Team (3% TGE, then quarterly linear vesting over 10 years)
    - 5% – Consultants & Partners (0% TGE, 24 months cliff, then quarterly linear vesting)
    - 2% – Earlybird Investors (50% TGE, then 10% unlocked every month)
  - ❌ No information available on the token sale prices for Institutional and Early bird investors
  - 2% Buy & Sell tax
    - 1% – Liquidity provision rewards
    - 0.5% – Burn
    - 0.5% – Liquidity pool

Roadmap includes launch of NFT collection, NFT trading platform, Metaverse integration

None found