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Home All Events - Ape O'Clock Pepe’s Game Presale

Date

Apr 06 2023
Expired!

TimeUTC

12:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Apr 06 2023
  • Time: 8:00 am

Status

Active

Pepe’s Game Presale

April 4 update – presale postponed to April 6.

Token presale for a spin game on Arbitrum.

DETAILS
  • Presale Details
    • Presale will be held on Pepe’s Game website
    • Presale will take place over 10 rounds
    • Presale allocation: 4,000,000 $PEG; 400,000 per round
    • Once a round is sold out, the next round begins
    • The price increases with each round
    • Tokens allocated for the presale is split between USDC and $PLS (PlutusDAO) in a 3:1 ratio
    • Participants can choose to contribute with USDC or PLS; USDC contributors will share the USDC allocation, $PLS contributors will share $PLS allocation
    • Hard cap: $3,800,000
    • Vesting: 100% at launch
    • Top 100 contributors will receive a share of the airdrop allocation
    • Private sale: $210,000 was raised in a private sale (max allocation: $1,000 – $4,000)
      • Price: $0.3 per $PEG
      • Vesting: linearly over 3 months
  • Mechanics & Features
    • Spin game where users deposit USDC to bet and spin for a chance to win
    • Features 3 spinners, each with a different parameter: asset (BTC or ETH), direction (Higher or Lower), and duration (15s, 30s, 45s, or 60s)
    • A random combination of these parameters is generated to determine the trade entry for the player
    • Winners receive 172% payout (bet size + winnings); losers receive nothing
    • 10% fee on each spin
    • $PEG is the governance token
    • $PEG can be staked or locked to receive benefits, such as; $bPLS bribes, governance power, and revenue share from Pepe Nation
    • Staked $PEG ($sPEG) receive 10% of all platform fees, distributed in USDC weekly
    • Locked $PEG for 6 months, receive Locked $PEG ($lPEG) and 30% of all platform fees, distributed in USDC weekly
    • 60% of fees generated is allocated to the purchase of $PLS, the utility token of PlutusDAO protocol, which is locked for $bPLS
    • $bPLS acquires governance power across the Arbitrum ecosystem and earn bribes in exchange for voting power
  • Tokenomics
    • Token symbol: PEG
    • Total supply: 20,000,000
      • 3.5% — Private sale (3 months linear vesting)
      • 20% — Public sale (100% TGE)
      • 23% — Liquidity & Mining (5% for initial liquidity, 3% reserved, then remaining 15% vested linearly over 15 months)
      • 18% — Team (24 months linear vesting)
      • 12% — Treasury (24 months linear vesting)
      • 10.5% — Airdrops (3.8% to plsAsset holders + Alpha & Beta testers, 6.7% vested linearly over 12 months)
      • 8% — Strategic Partnerships (12 months linear vesting)
      • 5% — Incubator (24 months linear vesting)

Blockchain

Arbitrum