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Home All Events VRJAM Liquidity Launch

Date

Jan 12 2023
Expired!

TimeUTC

5:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jan 12 2023
  • Time: 12:00 pm

Status

Active

VRJAM Liquidity Launch

December 20 update – launch delayed again, this time to January 12.

December 18 update – the launch is delayed again, to December 21, while the team sorts out listing discussions with CEXs.

December 14 update – the token is being re-launched due to technical problems during their November 30 launch. There is a new presale and the liquidity launch will take place on December 19. Holders of the original VRJAM token are to ensure their tokens are in their wallet (not a CEX) as a snapshot will be taken on December 15. Once the relaunch takes place, holders will be able to claim the new VRJAM from their website.

Token launch for a metaverse social gaming and live events platform on Polygon.

DETAILS
  • Launch Details
    • Initial circulating market cap: $640,000
    • Initial liquidity: unknown
    • Taxes: 0%
  • Tokenomics
    • Token symbol: VRJAM
    • Total supply: 1,000,000,000
      • 10% — Seed (5% at TGE, 6 months cliff, then 24 months linear vesting – price: $0.02)
      • 0.8% — Seed A (5% at TGE, then 6 months linear vesting – price: $0.03)
      • 1.4% — Seed B (5% at TGE, then 6 months linear vesting – price: $0.035)
      • 2.5% — Public sale/IDO (20% at TGE, then 6 months linear vesting – price: $0.04)
      • 30% — Play to earn rewards (60 months linear vesting)
      • 20% — Community staking rewards (60 months linear vesting)
      • 15% — Development & marketing fund (60 months linear vesting)
      • 8% — Team (12 months cliff, then 24 months linear vesting)
      • 5% — VRLIFE, Charitable fund (24 months linear vesting)
      • 2% — Advisors (12 months cliff, then 18 months linear vesting)
      • 2% — Exchange liquidity (50% at TGE)
      • 2% — VRJAM platform liquidity
      • 0.5% — Content creator guild fees (3 months cliff, then 21 months linear vesting)
      • 0.74% — Content creator guild fees reserve (18 months quarterly vesting)
  • Mechanics & Features
    • VRJAM is a multiverse virtual reality platform able to provide real-time live virtual events and concerts
    • VRJAM launched on November 2 and is available for anyone to access via PC
    • It is Meta (Oculus) Quest 2 compatible to interact with people worldwide
    • Users can create & customise an avatar, navigate and interact with other users in virtual meet ups & events, or join creator guild of gamers, influencers and DJs/Artists
    • VRJAM features include;
      • Integrated NFT marketplace to purchase items such as NFT tickets, experience NFT, location NFT, and avatar NFT
      • NFT Land where players can construct content “Venue” on through DAO application and approval
      • Avatar system in which users can upload a selfie photo to create an instant avatar of themselves with real-time motion capture solutions
      • Live event and streaming with live content management system where creators can control an array of real-time content to provide an un-match user experience
    • $VRJAM is utility token
      • Token utility – facilitate trade and value exchange inside VRJAM’s virtual world; e.g. minting & trading avatar skins, buying & selling tickets and fan experiences, renting venues and equipment, advertising, paying artists to perform, tipping artists, player rewards
Links & Resources
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