Mocossi Liquidity Bootstrapping Event

Name: Mocossi Liquidity Bootstrapping Event
Start: 2022-07-15
End: 2022-07-15
Location: Cardano

New play and earn virtual pet game on Cardano.

Presale Details
- Liquidity Bootstrapping Event (LBE) for the native token, $MCOS will be held on Minswap, here
- The LBE will consist of 2 phases: Discovery and Encounter
- The Discovery phase will last for 10 days
- LBE participants will deposit $ADA in exchange for ‘mcosADA’
- No minimum or maximum deposit
- No hardcap
- Participants will be able to withdraw their ADA during the event by returning the ‘mcosADA’
- Withdrawals during the last two days of the event will be subject to a 25% tax
- $MCOS / $ADA exchange rate will be determined based on the $ADA amount users deposit at the end of the Discovery Phase
- In the Encounter phase, participants will be able to redeem their ‘mcosADA’ for $MCOS / $ADA LP tokens
- Participants also receive a functional NFT and a PvP NFT
- The functional NFT allows users to stake in an exclusive pool with higher APR
- The PvP NFT is something useful for the PvP gameplay

Mechanics
- Mocossi Planet is a comprehensive ecosystem where players can plant, harvest, or produce food for Mocomons
- Players earn the in-game currency (Moshi) by logging in, completing daily tasks, and participating in monthly challenges
- Mocomons, lands, houses, and accessories are Mocossi NFTs
  - Limited in supply
  - Transferrable and tradeable
  - Receive more rewards than other basic in-game items.
- Players must own at least 1 Mocomon
- Mocomon holders receive benefits such as in-game earnings, participation in the DAO, and the voting rights
- Players earn $MCOS by;
  - breeding their Mocomons and sell them on the marketplace
  - leasing their Mocomons to other players for breeding and share in their profits
  - exchanging the in-game currency (Moshi) for $MCOS tokens and stake them to receive interest on the staked amount
  - participating in governance votes and receiving $MCOS tokens as a bonus
- $MCOS will used for purchasing Mocossi’s NFTs, in-game currency, and upgrades

Tokenomics
- Moshi is the in-game currency
  - Convertible at a constant rate of 1,000 Moshi to 1 $MCOS
- $MCOS is the native token
- Total supply: 1,000,000,000 $MCOS
  - 33% – Rewards (unlock from Q3 2022)
  - 15% – Team & Advisors
  - 15% – Treasury (unlock within 60 months after full game released)
  - 14% – Staking (unlock from Q3 2022)
  - 10% – Development (reserved, unlocked based on demand)
  - 4% – Airdrops (unlock late June – December)
  - 5% – Private sale (unlock immediately)
  - 2% – Public sale/LBE (unlock immediately)
  - 2% – Liquidity pool (unlock immediately)
- 0% Buy & Sell tax

Roadmap includes; MVP game release, launch of in-house marketplace, physical product online store, scholarship program, PvP gameplay release, in-game social network, PvP tournaments, Free-2-play game on iOs and Android

❌ No information on when liquidity will be added.

None found