Black Magic DAO Presale

September 21 update – the presale has moved to Fjord Foundry (formerly known as Copperlaunch), here, and was supposed to begin at about 1:30pm UTC, but the team has not activated the sale so no one can buy.

Token presale on Ethereum, for a DAO governed metaverse gaming platform.

DETAILS

Presale Details
- Presale will be held on SushiSwap’s MISO launchpad, here
- Swap currency: USDC
- Presale price: $0.02
  - Vesting: 20% at token launch, 15% monthly for 4 months, then 10% monthly
- Presale allocation: 35,000,000 BMC
- Hard cap: $700,000
- No soft cap
- No minimum or maximum buy
- Initial market cap (incl. liquidity): $1,000,000
- 7% of presale funds will be added liquidity (30 days lock on SushiSwap)
- Taxes: 0%
- The team has not announced when the token will be listed

Previous Token sale rounds
- Seed round price: $0.012
- Strategic round price: $0.014
- Private sale price: $0.016

Tokenomics
- Token symbol: $MBC
- Total supply: 1,000,000,000
  - 8.5% — Seed round (3 months cliff, then 5% monthly)
  - 10% — Strategic round (2 months cliff, then 5% monthly)
  - 12% — Private sale (5% TGE, then 7% monthly for 4 months, then 7.5% monthly)
  - 3.5% — Public/IDO (20% TGE, 15% monthly for 4 months, then 10% monthly)
  - 4% — Treasury (20% TGE, then 5% monthly)
  - 19% — Staking rewards (1 month cliff, then 5% monthly)
  - 15% — Development & Team (13 months cliff, 11% on month 13, 8% for 9 months, then 1% monthly)
  - 4% — Liquidity (80% TGE, then 20%)
  - 3% — Advisors (2 months cliff, 5% monthly for 7 months, 7% on month 8, 5% on month 9%, then 10% monthly)

Features
- $BMC is the cross-platform (currently on Polygon) governance token
- Token utilities – voting rights, revenue sharing, staking, and access to Black Magic Network product ecosystem
- Planned products include; L2 blockchain network, game studio, gaming guild network, scholar marketplace, launchpad, digital wallet, exchange