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Home All Events ArenaPlay Liquidity Launch

Date

Jul 14 2022
Expired!

TimePacific Time

6:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 14 2022
  • Time: 9:00 am

Status

Active

ArenaPlay Liquidity Launch

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
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