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Home All Events The Rug Game Liquidity Launch

Date

Jan 16 2023
Expired!

TimeUTC

2:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jan 16 2023
  • Time: 9:00 am

Status

Active

The Rug Game Liquidity Launch

Token launch on Ethereum, for a game, from CultDAO.

DETAILS
  • Launch Details
    • Token will be listed on Uniswap
    • Token pair: TRG/WETH
    • Listing price (estimate): $0.00000083
    • Presale price: depends on the price bought during the auction
      • Presale held on Fjord Foundry, using an auction/liquidity bootstrapping mechanism, where the price increases or decreases based on the buying demand
      • Vesting: 100% at launch
    • Initial liquidity: unknown
    • Initial total market cap (estimate): $5,500,000
    • Taxes: 0%
  • Mechanics & Features
    • The game consists of 10 game/community tokens – $T $H $E $R $U $G $G* $A $M $E* (all tokens launched at once on January 6, 2023)
    • The game will begin 30 days after the tokens launched
    • Each token has a 4% tax, distributed as;
      • 1% buy & burn $CULT ($CULT is the native token of CultDAO)
      • 1% buy & burn $TRG
      • 1% game token sent to burn wallet
      • 1% collected by a contract & held in ETH
    • Every 30-60 days from the tokens launch (or the previous rug), the token which has burnt the least amount of the $CULT and TRG tokens, is eliminated and the liquidity is rugged automatically
    • Any ETH left from the LP at the time of the rug will auto buyback $TRG and send it to the $TRG DAO & stakers
    • At the time the token with the least burns rugs, the 1% ETH collected of every other community token is sent as ETH rewards to the winning community tokens holders
    • Any wallet can stake & any wallet that holds $TRG or $CULT can offer a bribe to the DAO
    • If a wallet sacrifices their TRG or CULT, they can allocate that amount of “points” to a game token of their choice
    • 50% of the bribe is paid to $TRG or $CULT stakers dependent on token offered whilst 50% is burned
    • $TRG is the governance token
  • Tokenomics
    • Token symbol: TRG
    • Total supply: 6,666,666,666,666
      • 85% — Uniswap liquidity
      • 10% — Airdrop (letter owners who hold dCULT & uRVLT)
      • 2.5% — Community guardians
      • 2.5 — Dev
      • ❌ No information available on the token vesting
    • 6% buy and sell tax
Links & Resources
Related Launches

Blockchain

ETH

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