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Home All Events - Ape O'Clock Mocossi Liquidity Bootstrapping Event


Jul 15 2022

TimePacific Time

7:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 15 2022
  • Time: 10:00 am



Mocossi Liquidity Bootstrapping Event

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.

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