Fortunas Finance Token Presale

August 5 update – the presale is happening on September 12 now. The whitelist sale begins at 4pm UTC, and opens to the public at 6pm UTC assuming there are still tokens available for purchase.

August 25 – the presale was canceled and is rescheduled for September 6.

New token presale on BSC for a gamified staking platform.

Founder, Luke Tull, and other team members are doxxed.

DETAILS

Presale Details
- Presale will be held on ~~GemPad, h ere,~~ on Wizard Financial, here, and will last for 1 days, or until hard cap reached
- Presale price: $0.00689
- Listing price: $0.00689
- Private sale price: $0.0055
- ❌ Soft cap: ~~50,000~~ 20,000 BUSD according to their Telegram pinned, 12,500 BUSD according to the presale page
- ❌ Hard cap: ~~100,000~~ 40,000 BUSD according to the Telegram pinned, 25,098 BUSC according to the presale page
- Minimum contribution: ~~50 BUSD~~ no minimum
- Maximum contribution: 2,000 BUSD
- Initial market cap (estimate): $345,000
- No vesting — 100% of presale and private sale tokens unlocked at token launch
- Taxes: 10% buy / 10% sell
- Token sale fund allocation;
  - 51% — Liquidity
  - 32% — Marketing
  - 14% — Fees
  - 3% — Development

Mechanics & Features
- Gamified staking mechanism
- Stake $FRTNA (“soldiers”) in any of the 5 staking options to earn $FRTNA
- 150% minimum APY (just by holding $FRTNA); APY increases based on the staking option chosen
- 2 staking types – Guaranteed APYs and Variable APYs
  - 150% APY (Guaranteed) — Let your soldiers rest in the castle (i.e. hold $FRTNA)
  - 520% APY (Guaranteed) — commit your soldiers (locked for 30 days) to the emperor’s quarters
  - 25,031% APY (Variable) — commit your soldiers to battle against Spartacus (easy to win your rewards)
  - 32,687% APY (Variable) — commit your troops to battle against Attila the Hun (somewhat easy to win your rewards)
  - 93,965% APY (Variable) — commit your troops to battle against King Alaric (hard to win your rewards)
  - 137,045% APY (Variable) — commit your troops to a very battle against Hannibal (much harder to win your rewards)
- Soldiers need to be in battle for a period of time in order to achieve the marketed APY; the higher the APY, the longer it takes to achieve the maximum APY
- Purchase Rations to extend time in battle and chance to receive maximum APY; returns increase by 0.25% for each day you stay in battle; max 5 days worth of Rations at a time
- Purchase NFT upgrades (Cavalry and Heroes) to boost APY returns
- 50% chance of losing your Cavalry or Hero NFT if staked $FRTNA is withdrawn (“retreat from a battle”); decreases by 5% daily, starting from the 3rd day of staking
- Anti-dumping mechanism — treasury will only consist of BUSD from the buy fees, and $FRTNA tokens from the sell fees
- Auto-burn mechanism — $FRTNA tokens used to purchase Rations will be burnt

Tokenomics
- $FRTNA is the utility token
- Elastic supply with deflationary burning mechanism
- Initial supply: 50,000,000 $FRTNA
  - 32.25% — Token sales
  - 40% — Staking rewards
  - 7.75% — Marketing
  - 15% — Liquidity pool (will be initially locked for 3 months)
- 10% Buy tax
  - 2.5% — Liquidity
  - 7.5% — Treasury
- 10% Sell tax
  - 2.5% — Treasury
  - 5% — Liquidity
  - 2.5% — Burn