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
  • Token will be listed on Uniswap, Gate.io, MEXC
  • Token pair: unknown
  • Listing price: TBA
  • IDO price: $0.003
    • Vesting: 20% at TGE, then 7 days linear vesting
    • IDO held on DAOStarter, EnjinStarter, TrustPad, Spores Network, Gagarin, Tsunami, Gate.io
  • 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