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  • Avalaunch Advocate Airdrop: 30,000 XAVA Giveaway

    In a tweet dated November 8th, Avalaunch stated, “We have also purchased 464 AVAX worth of XAVA, which will be earmarked as rewards for an upcoming airdrop to long-term stakers,” with a link to the transaction.

    These 6,793 XAVA were slated to kick off the beginning of what will be an ongoing thank you to our longer-term stakers. This has been a number of months in the works and we are proud to have many “OG” stakers on such a young platform. To begin, we used some simple criteria to determine eligibility:

    • In order to qualify, a staker must have staked at least 1 XAVA when the Kalao IDO registration began and through our first cool-down period. The exact time of the Kalao snapshot was Friday, September 17 2021 @ 15:00:00 GMT+0000
    • Users were required to have not unstaked more than 30% of their holdings.

    We felt that these simple criteria were fair and inclusive. To further subsidize this debut airdrop, the Avalaunch team added an additional 23,207 XAVA to make the distribution a cool 30,000 XAVA—with a current market value in excess of $400,000 USD.

    We’d like to thank the more than 2,500 loyal recipients for their long-term support and look forward to them sharing in our continued success.

    Claiming the Airdrop

    If you qualified for this airdrop, it can be claimed on our airdrop page here.

    This list of eligible wallets is also published here.

    Please remember, https://launchpad.avalaunch.app/airdrops is the only valid URL, and you should always click through from this page to make sure you are accessing the right page.

    Looking Ahead

    Future incentives will have different criteria as we are just getting started and believe that many of our future long-term stakers have only just begun on their journey. Avalaunch looks forward to their arrival and will always do their very best to demonstrate appreciation for their long-term supporters.

  • TaleCraft IDO Updated — Deposit Refund & Airdrop

    TaleCraft IDO Updated — Deposit Refund & Airdrop

    As with any growing network, there are small hurdles along the way that must be overcome. The truly parabolic growth of Avalanche, both in price and activity, has been absolutely staggering.

    For the first few hours of the TaleCraft sale on Avalaunch, users noted unusually high fees. While we consistently encourage people to take their time and use the 11.5 hour claim period to their advantage, it is something we took note of.

    In order to best accommodate our community, the 1 AVAX fee will be refunded to all users, regardless of their participation. With approximately 8 hours remaining in the IDO, we have observed the network return to predictable gas fees, however, we want to make sure that our users have a 100% seamless experience.

    TaleCraft & Avalaunch

    Avalaunch and TaleCraft have collaborated to cover all costs in order to distribute all unsold and unclaimed CRAFT to those that participate in the sale.

    Eren Gunaydin, Business Development from TaleCraft states, “TaleCraft would like to join Avalaunch in their ‘community first policy’ and will be paying for half of the unsold tokens to XAVA participants.”

    If you have yet to claim your allocation, we suggest doing so to ensure that you are a recipient of this drop.

    We believe that Avalanche and the projects building on it represent a thriving economy with unlimited growth potential and we are dedicated to supporting this cause.

  • TaleCraft AMA#2 — Technical Deep Dive with Eren Gunaydin & Selman Gunes (Recap)

    TaleCraft AMA#2 — Technical Deep Dive with Eren Gunaydin & Selman Gunes (Recap)

    On 11/19/2021 at 12:00 p.m. (PST), an AMA session was held on Avalaunch with special guest Eren Gunaydin, Director of Business Development and Selman Gunes, development chief at TaleCraft . Below we present to you an excerpt from AMA with questions and answers.

    Dave Donnenfeld | Avalaunch

    Good afternoon and thank you to everyone who is here to attend Part II of the AMA with TaleCraft. We are once again graced with the presence of @talecrafter and today, we will have an additional guess in @TaleCraftLabs — Selman Gunes Development Chief. Both are ready, willing and able to tackle the tough questions so, without further ado, I bring you TaleCraft. How are you today?

    Eren Gunaydin | TaleCraft

    Hey guys, pleasure to be here with you again!

    Selman Gunes | TaleCraft

    Hi guys , Nice to meet you !

    Dave Donnenfeld | Avalaunch

    Let’s get right into it — Let’s start off with a brief introduction about yourself. Can you tell us about your background, career path, and how did you end up as lead developer for TaleCraft?

    Selman Gunes | TaleCraft

    Hi, I’m Selman Gunes. I am a senior management engineering student at Istanbul Technical University. My first encounter with blockchain started in 2016 with Ethereum Mining. Over time, I started to research blockchain technology and crypto markets. With the development of software technology in the field of Blockchain and Defi, I became interested in applications running on blockchain and I decided to develop software in this regard. Currently, JS, Python and Solidity are the software languages I use the most. I am currently working as development chief at Talecraft. As a development chief, my main task is to develop algorithms and to perform task planning for developers.

    Dave Donnenfeld | Avalaunch

    How did the team come together, and how was the product idea born? Why marry gaming and NFTs under one umbrella term — TaleCraft?

    Selman Gunes | TaleCraft

    As the Talecraft founder team, we have been investing and researching on the crypto market and decentralized finance for years. We thought that we could develop a crypto project due to the experience we have gained over the years and the different areas that each person is interested in. But even though we had such an intention, we waited for the right project and the right moment rather than taking direct action. And as a result, we liked the theme and main idea of the Talecraft project and we started working on it.
    As a team, we were already playing computer games and thought we could design a game on the blockchain. Although it is actually quite ordinary to use NFTs and games together, we realized that there is little use in games at the moment due to the useless nature of NFTs. For this reason, we decided to design a technology based on the erc-1155 protocol that will provide in-game item improvements. In this way, I can say that the items to be used in the games we will develop allow the use of carefully designed different items than randomly generated nfts.

    Dave Donnenfeld | Avalaunch

    Can you talk about the experience of your team? How many developers are working on building the project?

    Selman Gunes | TaleCraft

    The developer team has developed many defi projects so far. Our developer, who develops software on Solidity, is quite competent on the subject. In fact, I can say that he demonstrated this skill while developing the project over the erc-1155 protocol, which is used very little in the market. In addition, we have ui-ux designers and frontend and backend software. In total, we have a 6-person developer team with me. Since our developers are very good at their job, we actually do not have any restrictions on software development in our project and we can say that we have a very flexible structure in development. In addition, we have included a team of 4 people experienced in 3D and VFX among the game modes we are developing, and I can say that we are trying to make our project cooler.

    Dave Donnenfeld | Avalaunch

    Yes, ERC-1155 is a specialty for sure.

    Having looked at the game ecosystem, there seems to be that clear distinction about Craft Technology. How is this different from minting, and how will it work to unlock the in-game NFTs?

    Selman Gunes | TaleCraft

    Although the minting system constitutes the core structure of NFT, it does not actually offer a sustainable economy. To briefly explain the minting system, it enables the production of unique NFTs by randomly combining different image files on certain layers. Every picture has a rarirty, and the more pictures combined, the rarer an NFT you will have. In fact, this is somewhat of a gamble, because someone else who pays the same amount to minting may have a more valuable NFT than yours. In addition, after the hype in the project is over, the interest in NFTs ends and it becomes difficult to sell the NFT you have. Crafting system, on the other hand, allows to design more unique works of art and offers more flexible sales systems.

    We designed a crafting system by addressing the problems in this minting system. In this way, each user can craft any NFT they want, starting from an equal level and going the way they want to go. And this craft technology offers users different sales strategies. Some users can sell their products to users who want to save time by constantly crafting NFTs at key points that will go to certain NFTs. But another user can also earn income by selling items to people who want to craft after the sale of chests by simply holding the elements.

    In other words, we can say that the crafting system focuses on solving the chronic problems that NFTs have.

    Dave Donnenfeld | Avalaunch

    How does TaleCraft manage to package these mechanics in? It seems rather specialized. NFTs bridged to real world assets has been a challenge. You seem to be faced with a similar challenge. Can you address this?

    Selman Gunes | TaleCraft

    Its been a pretty hard process for us to be honest. Special package mechanics are made possible by the crafting technology of talecraft. Today, although many DeFi projects want to release NFT collections, the chronic problems of NFTs prevent defi projects from taking action on this issue. Together with Talecraft, they will be able to offer NFT packages to their users with NFTs that have an economy and already have use cases.

    Dave Donnenfeld | Avalaunch

    You all don’t look like you’re afraid of difficult things which leads me to your aggressive roadmap — The Roadmap is sure busy, especially after the project launch! Can you talk about the specific timing of the app deployment, and briefly what’s in store for the players soon after launch?

    Selman Gunes | TaleCraft

    With the Token Launch, it will available in a 5 day many features that we offer you. Crafting system, our first card game, marketplace etc. Many features will be out. However, with the flexibility that our project provides, we have many new projects in mind and we are in the development phase of them. We will share these with the community over time. In addition, on the 22nd, we will try some of our features on the testnet and will be able to perform more extensive testing. And we have some gifts for those who join the testnet, we are waiting for everyone.

    Dave Donnenfeld | Avalaunch

    Testnets are a great to realize you have a billion more things to do 😂 Hugely important

    Among the range of cool features that come with the game is an NFT marketplace. Can you talk about its use and how its integration relates to the vision of the project?

    Selman Gunes | TaleCraft

    Our NFT marketplace has different features than normal marketplaces. For example, we plan to provide data on floor price that will facilitate our users. In addition, with the erc-1155 protocol we use, it is easier to follow the sales of NFTs and we will be able to show the historical prices of NFTs to users. In addition, we will show the constantly changing supply amount to the users and ensure that they catch some opportunities.

    Finally, with the special package sales in the future, those NFTs will also be displayed on our marketplace and we will try to keep the marketplace alive in this way.

    Dave Donnenfeld | Avalaunch

    Nice. I’d love to comment more on this but we have lots of questions still. Interesting stuff. What does the long-term ambition for TaleCraft look like? Will there be any additional features added on top of the current ones?

    Selman Gunes | TaleCraft

    Actually, as I said before, there is a great flexibility that the crafting system provides us. And that’s why I can say that there is actually a treasure. Because with this system, we have the chance to generate income for game developers and artists who want to produce. That’s why I think in the future Talecraft could be a game hub or an art sales platform. And we started to work towards these goals. I would like to give you the details of these features as soon as possible, but it is difficult for me to talk in detail today.

    Dave Donnenfeld | Avalaunch

    This will be asked a million times so let’s get out in front of it here — Security is of utmost importance in the world of cryptography, and I can see that the project contracts have already been audited by HashEx. Are there any other plans for continued security from this point onwards?

    Selman Gunes | TaleCraft

    First of all, I would like to thank hashex here. I would like to state that they are an audit company that does its job well in the market and they warned us about everything. Apart from our own developers, we have conducted many tests with hashex so far and we do not have any vulnerabilities. In addition, we will have the contracts that we will use in the future audited with the same meticulousness. But not everything works as well as theoretical tests and sometimes you need stress tests as well. At this point, with the testnet campaign, which will start on the 22nd, we will also perform a stress test on our site and we will put everything in the state we want before the launch

    Dave Donnenfeld | Avalaunch

    We are really excited that you decided to build the first Craft NFT gaming on Avalanche. Can you talk about your experience being involved with this community? What was it like for you and your team producing the art of TaleCraft?

    Selman Gunes | TaleCraft

    I am very happy that we developed the project in the Avalanche ecosystem. The community and all shareholders give us very positive feedback. I can say that producing Talecraft was a unique experience for us.

    Dave Donnenfeld | Avalaunch

    Finally, are there any concluding points that you’d like to make, either about Avalanche as a building ecosystem or about the TaleCraft product itself?

    Selman Gunes | TaleCraft

    I strongly believe in the Avalanche ecosystem. I think it is the decentralized network with the strongest PoS and I see a very clear path. We still have a long way to go and we need to work hard to bring the avax ecosystem back to where it belongs.

    Twitter questions

    @OpuGhosh2 who asks the following — TaleCraft brand new type of NFT minting process burns base cards to craft higher-tier cards, are all the cards in the metaverse unique? Every base card creates a unique higher card on their own? How is decided when is time for the base cards to be burned?

    Selman Gunes | TaleCraft

    We currently have 160 different cards. There can be 10, 100 or even 1000s of each card. That’s why we can’t call every card unique. But with the ever-changing supply and demand, the number of these cards also changes. Therefore, I can say that you will have an nft that is dynamic rather than unique. Tiers change at certain stages. You need to burn at least 2 cards for each craft. The answer to the last question is here, actually, the cards are burned during crafting, so there is no burn at any time, there is always a burn🔥

    @Maiphuong32 and her 17 followers are dying to know — In TaleCraft elemental base cards are sold weekly, Does players with low investment still can progress inside the metaverse? How are players with low count of NFT hold also rewarded by the game?

    Selman Gunes | TaleCraft

    This is the reason why we sell a certain amount of these cards every week. You can progress in the game by crafting just by buying chests or buying element cards from the marketplace. But those who make high investments will also get a great return on their investments.

    @Margaret9732 I am just curious, will there be a competition for the completion of the 160 kind of cards? If yes, will there be a massive rewards for the first user/players who will complete collecting all the 160 cards? Will you introduce more kinds of cards in the future?

    Selman Gunes | TaleCraft

    Yes, we are considering adding a quest system that will direct users to craft and reward their achievements as soon as possible. When certain goals are set for each week and each month, we will ask users to fulfill these quests. The objectives will also be varied and we will enable users to take different paths. In this way, everyone will fulfill their own quest. According to the level of the quests, certain prize amounts will be collected into the pool and users who complete it within that period will receive a share from the pool.

    @Sige_burece17 — As it is known that TaleCraft is a PVP, play-to-earn card board game, my question is Will Game TaleCraft be available in the Google Play Store and Apple App Store to make it easier for them to use it?

    Selman Gunes | TaleCraft

    No, because our game is on chain, embedding it in an app and asking you to connect to the metamask is not a safe and easy way. That’s why our game will be played on the web. But by making the game more mobile responsive, you will be able to play from your phone as if you were using an app.

    @komando911 is dying to know — Is the entire platform designed for the medieval-loving culture? What if many users are not fans of this style of games and medieval culture? Will they design games and possibly NFts for other styles and cultures?

    Selman Gunes | TaleCraft

    I can say that the Medieval theme is our main theme. And we want to add play items that will evoke rpg elements through this theme. But we will not only go through the medieval, there will be chest and item sales for all kinds of themes on a different platform.

    Telegram Questions

    Hoang😎😎

    Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?

    Eren Gunaydin | TaleCraft

    It will be limited with 30,000,000 CRAFT. Also in here you can find more information about our Tokenomics https://docs.talecraft.io/tokenomics

    Chien Nguyen😎

    According to the roadmap, what are your most important next priorities? Does your team have enough funds and strong community to achieve those milestones?

    Selman Gunes | TaleCraft

    So far we have collected enough funds from private and seed rounds and our 4-year income statement is ready. Everything is going fine now. Our priorities for Roadmap are to bring the games and our unique platform to life.

    thanh Thuy

    Can you please share about your burn system and buyback system? How does burn work for your token?

    Eren Gunaydin | TaleCraft

    Our token CRAFT is going to be burnt and added to liquidity when some player buy a chest to receive an elemental card. One chests price is 10 CRAFT token and 0.1 AVAX. So in each chest 5 CRAFT will be burnt and 5 CRAFT will be added to liquidity

    Valent MASTER🍀🍀

    Currently, NFT is very hot, do you think you will apply NFT technology to your products in the future?

    Selman Gunes | TaleCraft

    Our game is very simple to play and I think people will understand easily. In addition, we are planning a chess based game that only plays to earn. It will be a game with a very fun and deep strategy, and non-crypto users will definitely be eager to play this game.

    Quyen Cao🏄🏄

    Many projects have problems with UI / UX and this one turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space?

    Eren Gunaydin | TaleCraft

    Of course. That’s why we are on Testnet right now. We want to hear players feedbacks and find solution with their comments. Lots of bugs fixed already in day 1. I’m not saying we are perfect right now, but i can clearly say that we will try our best everyday and work to be perfect.

    Lovish Shahi | Avalaunch

    We got to know a lot today about Talecraft.

    Thanks @TaleCraftLabs & @talecrafter for your time 🙂

    Eren Gunaydin | TaleCraft

    Great. It is always great to be here with you guys!

    Selman Gunes | TaleCraft

    Thanks everyone.

    About TaleCraft

    TaleCraft is a game that allows users to play games with NFTs obtained with tokens and advance to higher levels with CRAFT, distributes rewards to NFTs holders so that people are always actively involved in the project. It was created to resolve the lack of token use cases that circulate in the cryptosphere.

    Website | Telegram | Twitter | Medium | Discord

    ,

  • TaleCraft AMA #2 — Technical Deep Dive with Eren Gunaydin

    Join us in the Avalaunch Telegram group for the second AMA with the TaleCraft team.

    We are joined again by Director of Business Development, Eren Gunaydin, but this time we will covering the technical aspect of the project and what it looks like to develop games on the blockchain.

    In addition to Avalaunch’s questions, we will be giving the community two opportunities to ask theirs, and we will be rewarding the 10 selected questions with $25 USDT each, for a total of $250 in prizes

    Date & Time

    AMA Contest Rules

    To be eligible to have your question selected, you must:

    🐦 Follow: Avalaunch & TaleCraft

    ✈️ Join: Avalaunch Telegram & TaleCraft

    ♻️ Retweet: Tweet & Tag 3 Friends

    There will be two ways to submit questions:

    1. Commenting on the Twitter post announcing this AMA
    2. Live during the AMA

    Shortly before the AMA, we will select the 5 best questions from the Twitter thread and those will be asked during the session.

    During the AMA, we will open up the chat for community questions. The 5 best questions will be selected by the guest for answering.

    If your Twitter or community question was chosen, you will be contacted to receive your prize.

  • TaleCraft AMA#1 — Project Overview with Eren Gunaydin (Recap)

    TaleCraft AMA#1 — Project Overview with Eren Gunaydin (Recap)

    On 11/17/2021 at 12:00 p.m. (PST), an AMA session was held on Avalaunch with special guest Eren Gunaydin, Director of Business Development, at TaleCraft . Below we present to you an excerpt from AMA with questions and answers.

    Dave Donnenfeld | Avalaunch

    Hello and welcome everyone to our first AMA with TaleCraft. Excited to have Eren Gunaydin here today. He is a co-founder and part of a great team that’s helping to bring new use cases to NFTs and of course, our beloved Avalanche ecosystem. How are you today?

    Eren Gunaydin | TaleCraft

    Hello guys! I’m feeling great, thanks 🙂

    Dave Donnenfeld | Avalaunch

    Good to hear. Let’s get right into it then — To start off with, please introduce yourself. What did your career and education look like before joining the gaming NFTs landscape?

    Eren Gunaydin | TaleCraft

    Hi there
    I’m Eren Gunaydin. I am TaleCraft co-founder and Director of Business Development.
    I am, actually was a lawyer in Turkey. I have 4 year experience in the blockchain market and 1 year of experience in team management and planning on blockchain. At the same time, I work with many international developers. Also, I have been consulting various blockchain projects for the past 1 year. Since I believe that the NFT market is promising and has a clear path, I chose to turn to this sector. I am very happy and super excited to work with Avalaunch. And i believe there are so much ways that we can contribute to the NFT world.

    Dave Donnenfeld | Avalaunch

    Well the Turkish community in crypto is one of the most passionate there is — I’m sure you didn’t suffer for a lack of work. 🙂 That said, good to have you here on the blockchain.

    Combining gaming with NFTs is something relatively novel. How did the idea come about and why was it important to conjunct the two?

    Eren Gunaydin | TaleCraft

    The crafting method is already used in most RPG and sandbox games, this method as one of the best methods of attracting players in open world RPG games. I think the NFT world is an emerging and still innovative sector. The NFT sector can be integrated into the gaming sector. As you can see, these two ideas are very collaborative and marketable.

    Dave Donnenfeld | Avalaunch

    Understood. Breathing some new life and use cases into NFT is just smart.

    TaleCraft has a very unique design. What is the story behind TaleCraft? Why build it and what role will it play in the gaming metaverse?

    Eren Gunaydin | TaleCraft

    Thanks, we are really proud of our artwork, to be honest. TaleCraft sets itself apart from other NFT projects. As the economic model, it uses the most accepted free market model in the world. Classic NFT projects work with the mint system and supply is determined by their owners. In TaleCraft, users determine the supply and demand of each object. This story reminds us of medieval traders. The story that TaleCraft is based on this and comes from here. We will bring a true economic model to the game metaverse. We think that this system we bring will inspire all future NFT projects. This shows how unique TaleCraft is. TaleCraft will try to scale this crafting technology in the future. We dream of being a platform that artists and gaming developers can use.

    Dave Donnenfeld | Avalaunch

    What’s the difference between crafting and minting NFTs, and why choose to adopt the former to unlock the in-game NFTs?

    Eren Gunaydin | TaleCraft

    The Mint system is actually a classic system. But it is not economically sustainable. Because as the demand in the project decreases, the floor price decreases, which hinders the progress of the project. As a solution to this problem, TaleCraft allows demand and supply to be determined by the users. This allows the prices of NFT’s to be regulated by the invisible hand of the market. For this model I want to commemorate Adam Smith.

    Dave Donnenfeld | Avalaunch

    To hell with Maynard Keynes. Long live Adam Smith!

    So good I almost asked it twice — In addition to the Alchemist Chest, what is the role of the Alchemist Cards, and how does the synergy between the two complement the player experience?

    Eren Gunaydin | TaleCraft

    No problem, i can answer twice 🙂

    Alchemist Chest is actually a chest system that players are used to from other games. Chests give you one of the 4 main elements. The reason we do this randomness here is to allow users to visit the marketplace to craft the cards they want to obtain. The main idea behind this to give opportunity to cards from the lowest level to the highest level to be traded by players

    Dave Donnenfeld | Avalaunch

    The 4 sacred elements. A great beginning to be sure

    TaleCraft is described as the first crafting game on Avalanche. Where does TaleCraft sit relative to the existing gaming NFTs?

    Eren Gunaydin | TaleCraft

    We consider TaleCraft to be different from other NFT projects. In other gaming projects, NFT’s are usually connected to games with reward and loyalty or achievement systems. TaleCraft uses the game to create NFTs. The crafting system makes players feel like they are medieval alchemist. We will also be releasing game mods integrated into alchemy cards. Here we will enable users to use cards. We aim to develop a sandbox game in the future.

    Dave Donnenfeld | Avalaunch

    That is an innovation but what grabbed the team as well was the gamefi mechanism — Can you talk about the deflationary structure of the ecosystem, how will this lead to a better token economy?

    Eren Gunaydin | TaleCraft

    Of course, the total number of Craft is 30 million. And every chest expansion causes deflation. Half of the 10 Craft tokens that paid for each chest are being burnt. This is because we want to make Craft more valuable and increase the floor price of NFT’s produced. In addition to the burn mechanism, the fact that the crafting fee paid for each craft is given to Craft stakers makes Craft staking attractive to users. This causes Craft’s circulating supply to decrease in long term.

    Dave Donnenfeld | Avalaunch

    That’s very cool i must say.

    Having looked at the Roadmap, there are a handful of features that will become available in the same quarter as the launch. Can you give us any time-frames for this, specifically, how long after TGE should token holders anticipate access to some of the in-game features, such as crafting and staking?

    Eren Gunaydin | TaleCraft

    thanks, glad to hear you liked

    Crafting, staking and board game features will be accessible within the TGE week. In the next quarter, we will develop board games and then release our hyper casual games. We will also release a platform site version in 2022. Artists and verified users will be able to create their own chests on this platform.

    Dave Donnenfeld | Avalaunch

    Hyper casual is exactly how I want to live my life.

    TaleCraft is backed by serious investors. Firstly, was it difficult approaching them, and secondly how of a challenge was it to secure these partnerships?

    Eren Gunaydin | TaleCraft

    At first we were sure of ourselves because our project was unique, but we had difficulty in describing our project because it was unlike any NFT project that came out before, then when we were able to explain our project, we agreed with many ventures and even had to eliminate most of the ventures, the reason for this was to choose the ventures that would be most beneficial to the project. And we believe we have chosen right partners :).

    Dave Donnenfeld | Avalaunch

    With TaleCraft being the first crafting game built on Avalanche, what were the benefits of building in this community as opposed to alternative ones?

    Eren Gunaydin | TaleCraft

    The Avalanche ecosystem provides us with a wide range of possibilities. In addition, the avalanche community is open to innovations and loves development. In this respect, it was quite enough to create a community. It also has a very convenient basis for our development.

    Dave Donnenfeld | Avalaunch

    Excellent Sir. Do you anticipate forging future partnerships with other industry experts to further elevate the gaming NFTs ecosystem that you are building?

    Eren Gunaydin | TaleCraft

    We’ve already signed up with the biggest DEX’s in Avalanche like Traderjoe and Pangolin. We have also made partnerships with the projects supported by Avalaunch such as Colony Labs, Roco finance and Yay games. We will definitely increase our partnership numbers in the future even more.

    Dave Donnenfeld | Avalaunch

    That’s impressive. We love our Avalanche DEX’s. This is an Avalanche, home grown project.

    Before we move on to questions from the good people over on Twitter, let’s give you something easy and hopefully interesting for our community — What excites you most about TaleCraft, and what are you most looking forward to?

    Eren Gunaydin | TaleCraft

    TaleCraft is actually a prediction of the future for us. TaleCraft will have a strong place in the NFT market and will lead innovations in the NFT market. This is our goal. My dream is for TaleCraft to provide a platform for future games. We are working on it and will announce it soon.

    Twitter questions

    @KingOkela12 Did TaleCraft consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood So I’d like to know who your ideal consumer is for your product?

    Eren Gunaydin | TaleCraft

    Actually, we want to create a feedback network among our users. In this, we can use TaleCraft as DAO in the future. Also, our target audience is NFT enthusiasts and gaming people. We can expand our chests as desired by this target audience. We want to be a gaming platform so our users are important to us.

    @DngGiaPhong2 “From what I see users will be able to earn AVAX as a gift, What are the main income components available in TaleCraft, and can I make a living playing this game, as real world income??”

    Eren Gunaydin | TaleCraft

    You can get a share of the weekly Avax rewards by crafting. But it is not easy to earn a net income just by playing games. By constantly following the items in the game, you can catch opportunities and be included in the metaverse economy of TaleCraft, I believe.

    @Thinhdop asks — Is the entire platform designed for the medieval-loving culture? What if many users are not fans of this style of games and medieval culture? Will they design games and possibly Nfts for other styles and cultures?

    Eren Gunaydin | TaleCraft

    The entire platform was not designed for only medievalism. We chose the medieval concept because so many people love this style. We also chose this concept because we were inspired by medieval merchandise. However, we plan to use different concepts for future chests and extensions. Also with the Artist & Special Package system, there will much more options for different styles and cultures.

    @woozieriadin wants to know “In Q4 2021 in roadmap, i found “crafting game testnet campaign”. I interested to join this but could you tell me more about how to join this campaign & what is your aim from this campaign?”

    Eren Gunaydin | TaleCraft

    Actually, we shared a video on our twitter account on how you can participate in the testnet campaign. You can get the details from there. The reason why we are carrying out the Testnet campaign is to demonstrate some performance tests on the site. On the other hand, we want users to get used to and play our game and crafting system without paying any fee before the launch. Thus, we plan to increase users’ interest in the game.

    @IvaniWu01 has our final question before we open it up to the community. The tokens in the NFTs games initially don’t usually have a great utility & also lack burning. In this way it is devalued since it’s produced & attempts are made to sell to other users quickly. Could you tell us about the usefulness of the token & what are its main forms of burn?

    Eren Gunaydin | TaleCraft

    CRAFT is actually the main currency of the TaleCraft universe and is limited. The reason for this is to preserve and increase the value of the NFT’s produced. In addition, the decrease in the number of CRAFT as NFT is produced is very important for the TaleCraft universe. This point of view will be supported by NFT users. So everyone who plays the game will be contributing the economy of TaleCraft.

    Dave Donnenfeld | Avalaunch

    Well done @talecrafter you have successful run our medieval gauntlet of questions. Your final challenge awaits you from our community.

    Eren Gunaydin | TaleCraft

    Lets go!

    Telegram Questions

    I saw a very interesting logo of your project in the telegram community. What is the meaning behind your project logo and your project name?

    Eren Gunaydin | TaleCraft

    We wanted to create a fairy tale universe and we wanted to convey the feeling of alchemist to our users. The story of the logo and name came from here.

    Kim Sa Huynh

    why did the platform choose Avalanche Ecosystem instead of the other popular Ecosystems like ETH, Ripple or even Quorum? TELECRAFT

    Eren Gunaydin | TaleCraft

    I think the Avalanche ecosystem is one of the most decentralized and sustainable economic networks. Network fees are cheaper than ETH and much more decentralized than BSC. It was important for us and our users to develop our project on a platform that will be valued in the future. In addition, the community is great and the feedback we receive always moves us forward.

    Sly Ryan | BUY THE DIP

    Most DeFi projects especially those ones offering yield farming are driven up by hype and scarcity, so when the hype dies the project dies. What’s the key to sustaining Your Project yield farming ?

    Eren Gunaydin | TaleCraft

    To avoid this hype trap, we actually rebuilt the game’s economy and used the free-market model. Also, we won’t have an extension like yield farming because we have a limited token structure.

    Mico Lan

    Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?

    Eren Gunaydin | TaleCraft

    actually we have shared a video about game at YouTube, this video about testnet gaming. We want to people get used to how to play game. Here is the link https://www.youtube.com/watch?v=15fSeSpA-Io&ab_channel=TaleCraft

    Hoang😎😎

    Which one of these aspects important for you?
    A-Increasing Token Price & Value
    B-Empowering Platform Development
    C-Building Community Trust
    D-Expanding Partnership Globally

    Eren Gunaydin | TaleCraft

    It is a difficult question, but I can say that all the answers are interconnected. I think our goal is to add value to TaleCraft and the Avax ecosystem by producing an alternative system for NFT projects.

    Dave Donnenfeld | Avalaunch

    You’ve done it @talecrafter and lived to talk about it.

    From the team at Avalaunch, our 24,000 strong TG community and the 70k followers over on Twitter, we’d like to thank you for coming out today. It is very much appreciated and we all enjoyed learning more about TaleCraft and the medieval adventure that awaits us all. May the elements be with you.

    Eren Gunaydin | TaleCraft

    It was a pleasure. Always great to be with Avalaunch Community. See you guys soon!

    About TaleCraft

    TaleCraft is a game that allows users to play games with NFTs obtained with tokens and advance to higher levels with CRAFT, distributes rewards to NFTs holders so that people are always actively involved in the project. It was created to resolve the lack of token use cases that circulate in the cryptosphere.

    Website | Telegram | Twitter | Medium | Discord

    ,

  • Cooldown Periods

    Cooldown Periods

    Avalaunch has a post-IDO cooldown period, where a fee in XAVA will be taken and redistributed to stakers, based on when you unstake. The fee begins at 15% post-IDO, and reduces every second toward 0% over 15 days.

    Cooldown Period

    The cooldown period only applies to users who have registered for the IDO. If you are simply staking, without registering, there are no restrictions on your withdrawals.

    For 15 days following the sale, the penalty, paid in XAVA, is as follows:

    • At the moment the sale ends the penalty period begins at a 15% withdraw fee, paid in XAVA.
    • From there, the unstaking penalty will reduce linearly, every second, over a 15-day period, eventually arriving at 0%.
    • Any XAVA claimed from those who unstake and incur the penalty will be redistributed to stakers.

    For simplicity:

    • One second following the IDO, the penalty will be 15%
    • 5 Days after the sale, the penalty will be 10%
    • 10 Days after the sale, the penalty will be 5%
    • 15 Days after the sale, the penalty will be 0%

    Any and all XAVA claimed will be redistributed to stakers

    Historically, in the days following a sale, there has been roughly a 3–4% drop in the total number of XAVA staked. The Cooldown period is designed to smooth this drop off, while at the same time contributing back to the staking economy.

    Assessing Fees Going Forward

    The 15% starting point and 15-day window are variables we determined to be a suitable starting point. These numbers are not set in stone, can be updated in the future (in either direction), and we will be closely monitoring their impact on the XAVA economy and community.

    As always, we do our best to take in feedback from our users and develop and deploy features when appropriate. We do believe the cooldown period will go a long way in ensuring that the right users are rewarded for their loyalty to the platform and we are excited about this opportunity to distribute more XAVA, and allocation power, to the people that deserve it most.

    Avalaunch Tutorial Quick Links:

    Platform Overview
    Sale Rounds and Eligibility
    KYC Registration & Verification Instructions
    How to Acquire XAVA
    Allocation Staking
    Registering for a Sale
    Setting up Sale Automation
    XAVA Locking & XAVA Points
    Cooldown Periods

    ,

  • Crabada x Avalaunch—IDO Announcement

    Crabada x Avalaunch—IDO Announcement

    The impact of gaming and now gamefi in the blockchain space can not be overstated. The long predicted breakthrough for Ethereum was always assumed to be gaming on the blockchain. The inherent limitations momentarily put it on the backburner and then along came DeFi. Gaming, as an industry is simply too big and the blockchain too rife with opportunities for it to be denied. With the advent of “play-and-earn” and the buzzword of “GameFi” now in the vernacular of crypto users, this model represents a potent marriage that could well last a very long time. What we are witnessing is but the beginning and one that the Avalanche ecosystem will be instrumental in delivering. Avalanche is attracting more and more top tier projects that require the low fee structure and near instant finality of our great base chain. For gaming projects, such features are essential and fortunately for Avalaunch, we are pleased to announce our next IDO: Crabada.

    Overview

    Crabada effectively bundles NFT assets and core gameplay to create a rather addictive experience that is undeniably fun.

    In this world, users are invited to “rediscover the prosperous ancient Crabada Kingdom once ruled by Crustaco, King of the Crabada,” and are welcome to go on mining expeditions, loot and breed their Crabada in order to expand their forces within the system. Furthermore, earners of their governance token, CRA, are invited to create the future of the kingdom through governing powers and determine the fate of this virtual world.

    Crabada’s ecosystem is varied, with endless possibilities of in-game assets that can be obtained through the process of breeding and this play-and-earn “idle” game has an ease of use and flatter learning curve than one typically encounters in the realm of gaming. An idle game is one that can be played with some passivity, i.e. in a way that is not all-consuming — a veritable pastime experience. The driver of course is that Crabada is not only entertaining but something that can deliver financial value as well. Crabada is endeavoring to bring to market an innovative play-and-earn model via a unique PvP (Player Versus Player)-infused idle gameplay.

    Avalaunch anticipates that Crabada has the opportunity to gain genuine popularity and is a project that captures both the trending moment with its in-game mechanics while serving a greater utility that will foster genuine sustainability.

    Crabada — Crabada is an exciting play-and-earn NFT game based in a world filled with fierce fighting Hermit-Crabs called Crabada (the NFTs). Players will rediscover the prosperous ancient Kingdom of Crabada and earn rewards through activities such as mining, looting, breeding, battling, exploring, crafting, and more.

    Currently in the pipeline for Crabada, you will find:

    • Special Crabada Breeding Event—November 2021
    • Crabada Breeding Feature—November 2021
    • Crabada Marketplace— November 2021
    • Idle Game Release—November 2021
    • Battle Game Prototype—November 2021
    Battle Game Footage—Q1 2022

    Crabada — Links

    Before end of Q1 2022, the Battle Game is slated for release. With so much in the pipeline for November and beyond, such aggressive roadmaps are typically reserved for, well, less challenging projects. Crabada is starting to feel the proverbial “wind at their back” and Avalaunch believes they are going to make an impact that will be felt across the greater ecosystem.

    Partners and Backers

    • The Avalanche Foundation
    • Avalaunch
    • Skyvision Capital
    • Not3Lau Capital
    • Zee Prime Capital
    • Devmons
    • Wangarian

    “We at Zee Prime believe that crypto gaming is the gateway to mainstream crypto adoption. That’s why we are happy to support Crabada, one of the most promising NFT games with a hard working and wholesome team behind it. We simply like the crabs.” — Fiskantes, Partner at Zee Prime Capital

    Final Thoughts

    Bringing a fleshed out game to market is a capital and development intensive affair which can take years. Even amongst listed blockchain gaming projects, many of them have yet to release anything substantial despite being tradable assets for a year or more. It is not an easy road to hoe and Avalanche has been fortunate to see a number of the more mature projects attracted to the chain. Crabada certainly qualifies as one of them.

    Co-Founder/CEO of Crabada, OxTender notes:

    “The Avalaunch team are passionate operators in the Avalanche community, and go above and beyond what is needed to help their partners succeed. They have provided valuable expertise in helping us articulate our vision for Crabada and true professionals at their craft. It is a pleasure to be working with them.”

    The Crabada IDO was originally slated solely for their own platform and their whitelist was oversubscribed in literally, a few minutes. Avalaunch is grateful that they were willing to carve out a substantial piece of their raise for our community. Though we do our best to seek out larger raises, Crabada is simply too good to pass up. We are wholly confident in their ability to deliver a pedigreed gaming experience to the Avalanche community. We at Avalaunch have gotten to know them over a number of months and have come to very much appreciate their team’s flexibility and desire to work with us.

    Tokenomics

    Funding Numbers:

    · Private: 60,000,000 at .010 USD — $600,000 USD

    · Community: 60,000,000 at .018 USD — $1,080,000 USD

    · Hard Cap: $1,680,000 USD

    Supply—Breakdown & Vesting:

    Total Supply: 1,000,000,000 CRA

    • Token Sales (Private, Community): 120M CRA (12%)
    • Ecosystem: 200M CRA (20%)
    • Play-and-Earn Rewards: 300M CRA (30%)
    • Staking Rewards: 130M CRA (13%)
    • Advisor: 30M CRA (3%)
    • Team: 170M CRA (17%)
    • Liquidity: 50M CRA (5%)

    Vesting:

    • Private: 3 month cliff, 20% every 3 months subsequently
    • Ecosystem: 50% Unlocked, 50% locked for a year
    • Advisor & Team: 6 month cliff, 12.5% every 3 months subsequently
    • Liquidity: 100% Unlocked*
    • Community: 100% Unlocked
    • The team has committed 8.9% as liquidity provision upon listing.

    IDOs

    • Avalaunch: 22.22M CRA @ .018 (Details Below)
    • Crabada: 37.77M CRA @ .018 (Details here)

    Other:

    · Initial Circulating Supply: 60,000,000 CRA (excluding liquidity tokens)

    · Initial Market Cap: 1,080,000 USD (excluding liquidity tokens)

    · Initial Liquidity: 4.4M CRA and 80K USD in AVAX*

    *An additional 120k USD in AVAX liquidity for the in-game token—TUS.

    The Crabada IDO on Avalaunch

    • 22.22M CRA at .018 USD (Total Supply: 1B CRA)
    • Sale Size: $400,000 USD

    Registration Schedule:

    • Registration Opens: 1X/XX/2021 at 3 p.m. (UTC)
    • Registration Closes: 1X/XX/2021 at 6 a.m. (UTC)

    Sale Schedule:

    • Validator Round Begins: 11/XX/2021 at 6:00 a.m. (UTC)
    • Validator Round Closes: 11/XX/2021 at 6:00 p.m. (UTC)
    • Staking Round Begins: 11/18/2021 at 6:30 p.m. (UTC)
    • Staking Round Closes: 11/19/2021 at 6:00 a.m. (UTC)

    Avalaunch Sale Distribution

    • A minimum of 90% of the sale will go to the community stakers of XAVA.
    • Approximately 10% will be reserved for validators of the Avalanche network.

    IDO Recap

    • Total CRA for sale: 22.22M
    • Price: $.018
    • Size: $400,000
    • Vesting — 100% Unlocked

  • TaleCraft AMA #1 — Project Overview with Eren Gunaydin

    Join us in the Avalaunch Telegram group for the first of two AMAs with the TaleCraft team.

    First up is Director of Business Development, Eren Gunaydin, where we will be covering the project at a high level. The focus of this AMA will be the business development, vision, road map, and post-IDO plans.

    In addition to Avalaunch’s questions, we will be giving the community two opportunities to ask theirs, and we will be rewarding the 10 selected questions with $25 USDT each, for a total of $250 in prizes

    Date & Time

    AMA Contest Rules

    To be eligible to have your question selected, you must:

    🐣 Follow: Avalaunch & TaleCraft

    ✈️ Join: Avalaunch Telegram & TaleCraft

    ♻️ Retweet: Tweet & Tag 3 Friends

    There will be two ways to submit questions:

    1. Commenting on the Twitter post announcing this AMA
    2. Live during the AMA

    Shortly before the AMA, we will select the 5 best questions from the Twitter thread and those will be asked during the session.

    During the AMA, we will open up the chat for community questions. The 5 best questions will be selected by the guest for answering.

    If your Twitter or community question was chosen, you will be contacted to receive your prize.

  • TaleCraft x Avalaunch — IDO Announcement

    TaleCraft x Avalaunch — IDO Announcement

    As crypto pundits have mused, the migration of gaming onto the blockchain may barely be underway. The inherent transparency and immutability of the technology allows for a new type of player experience which is becoming more immersive in ways that aren’t always readily apparent. Not all games have to be a metaverse that blurs our definition of reality nor does it require breathtaking 3-D animation in order to make a massive impact.

    Perhaps presaged by none other than CryptoKitties, value, be it perceived or real, is the driver. Digital collectibles as art to in-game assets are now being measured in dollars and cents — driven by active, growing markets full of impassioned traders, fanboys and even passive users.

    Introducing TaleCraft

    TaleCraft is touted as the first crafting game on Avalanche and is a player versus player board game. Along with minting NFTs, there is a very inventive play-to-earn mechanism where players gain power through a gamified NFT “alchemy.” In this medieval metaverse, skill reigns supreme over luck.

    It is transporting, ever-evolving but this is not what made Avalaunch take true note. It is a subtle evolution in gaming by virtue of its economic model. The payoff is not more from the game itself or an ethereal value which may or may not be realized in the future. Rewards are payable in none other than AVAX via some innovative tokenomics. This is something that is sustainable for both player and CRAFT token alike.

    Overview

    “The Magical Metaverse of TaleCraft is a world where mystery and excitement conspire to ignite the competitive flames that burns deep within us all!

    Talecraft is a universe where imaginations run wild and allow our most mythic qualities to take center stage. Rule over ancient lands and earn the amulets they contain. By leveraging the power of NFTs, the time is nigh to claim rightful ownership to what is yours as TaleCraft players emerge victorious in battle and advance!”

    The TaleCraft team believes it is solving a problem that perhaps no one sees coming or is already thinly veiled in the marketplace.

    • Classic NFT minting have limited use cases and may come to bore.
    • Crafting Technology can be used instead of classical NFT minting.
    • Users can play games and make profit with Crafting Technology as well as with classic NFTs within the same game.
    • Crafting Technology is more engaging as players make money with strategy and through competition.
    • The ERC-1155 standard can be integrated into games, used in the metaverse, thus having great potential for the Avalanche Ecosystem.

    TaleCraft’s mission is to popularize this technology but it is the token mechanics which represent an additional departure from standard issue as they are liquid and gamified.

    Players must deposit 10 CRAFT and .1 AVAX in order to unlock a treasure chest and receive an NFT card.

    Once the 10 CRAFT enter the game, users are granted an NFT card, which is assigned a “weight,” which determines status within the game. Opening more chests, grants additional cards which can be combined in order to ascend levels.

    Combined cards used to achieve a higher level will be burnt but where things get more compelling, is how the deposited CRAFT and AVAX are deployed.

    As the diagram illustrates, the 10 CRAFT and .1 AVAX are put to work. There is a potentially massive deflationary component to this token. Moreover, the continual feeding of Avax into the ecosystem should also have an interesting effect as many earning models are often more of the token one already holds. This is effectively the opposite.

    Partners and Backers

    • Colony Labs
    • Avalaunch
    • Yay Games
    • Roco Finance
    • Chainlink
    • Pangolin
    • Trader Joe

    Talecraft Links

    Website | Telegram | Discord | Twitter | Medium

    Eren Gunaydin, Head of Business Development at Talecraft states, “I didn’t anticipate such a partnership from a launchpad. It feels like a forming friendship with some genuine incubation. I believe Avalaunch has been instrumental to our success to this point and will remain an important part of what we do for the life of the project.”

    Funding Numbers

    Total Supply: 30M CRAFT

    • Seed: 1,800,000 CRAFT at .20 USD — $360,000 USD
    • Strategic: 1,800,000 CRAFT at .24 USD — $432,000
    • Private: 2,850,000 CRAFT at .26 USD — $741,000
    • Public: 3,750,000 CRAFT at .28 USD — $1,050,000

    Hard Cap: $2,583,000 USD

    Supply Breakdown & Vesting:

    Total Supply: 30,000,000 CRAFT

    Breakdown:

    • Total Token Sales: 10.2M CRAFT (34%)
    • Game Incentives: 3.69M CRAFT (12.3%)
    • Staking: 3M CRAFT (10%)
    • Team: 3M CRAFT (10%)
    • Liquidity and Market Making: 3M CRAFT (10%)
    • Operations & Development: 1.5M CRAFt (5%)
    • Advisor: 1.5M CRAFT (5%)
    • Marketing: 1.5M CRAFT (5%)
    • Partnerships: 1.5M CRAFT (5%)
    • Ecosystem: 1.05M CRAFT (3.5%)
    • Airdrop: 60K CRAFT (0.2%)

    Vesting

    Token Sales:

    • Seed: 30-day cliff, 5%, 90-day cliff, linear for 18 months
    • Strategic: 30-day cliff, 5%, 90-day cliff, linear for 15 months
    • Private: 5% TGE, 90-day cliff, linear for 15 months
    • Public: 35% TGE, weekly for 3 months

    Community & Player:

    • Incentives: 6-month cliff, 10% monthly
    • Staking: 5% TGE, linear for 20 months
    • Ecosystem: 90-day cliff, 33.3% quarterly
    • Airdrop: 60K CRAFT at TGE*

    *A total of 60,000 CRAFT (16.8K USD) will be airdropped to a partnering community project.

    Team, Advisory & Partnerships

    • Advisor: 6-month cliff, 25% quarterly
    • Team: 12-month cliff, 25% quarterly
    • Partnerships: 5% TGE, 90-day cliff, 25% quarterly

    Operations, Marketing & Liquidity

    • Liquidity: 100% Unlocked — 1.66M CRAFT initially with the remainder reserved for additional listings
    • Marketing: 180-day cliff, 25% quarterly
    • Operations & Developments — 12-month cliff, 25% quarterly

    *Initial liquidity—1.66M CRAFT and 500K USD upon listing.

    IDOs:

    • Avalaunch: 900K USD—3.21M CRAFT @ .28 (Details Below)
    • Roco Finance: 150K USD—535.7K CRAFT @ .28 (Details here)

    Other:

    • Initial Circulating Supply: 1,739,500 CRAFT (excluding liquidity tokens)
    • Initial Market Cap: 487,060 USD (excluding liquidity tokens)
    • Initial Liquidity: 1.66M CRAFT and 500K USD in AVAX*

    The Talecraft IDO on Avalaunch

    • 3.21M CRAFT at .28 USD (Total Supply: 30M CRAFT)
    • Sale Size: $900,000 USD

    Registration Schedule:

    • Registration Opens: 11/17/2021 at 3 p.m. (UTC)
    • Registration Closes: 11/21/2021 at 6 a.m. (UTC)

    Sale Schedule:

    • Validator Round Begins: 11/22/2021 at 6:00 a.m. (UTC)
    • Validator Round Closes: 11/22/2021 at 6:00 p.m. (UTC)
    • Staking Round Begins: 11/22/2021 at 6:30 p.m. (UTC)
    • Staking Round Closes: 11/23/2021 at 6:00 a.m. (UTC)

    Avalaunch Sale Distribution:

    • A minimum of 90% of the sale will go to the community stakers of XAVA.
    • ~5-10% will be reserved for validators of the Avalanche network.

    IDO Recap

    • Total CRAFT for sale: 3.21M
    • Price: .28 USD
    • Size: 900,000 USD
    • Vesting — 35% at TGE, weekly for 3 months

  • Avalaunch x Crabada — IDO Sale Purchase & Revised Breeding Coin Distribution

    Avalaunch x Crabada — IDO Sale Purchase & Revised Breeding Coin Distribution

    From the beginning, we knew Crabada would be a smaller sale than is customary on Avalaunch. Still, we felt it incumbent upon us to share what we could of a project we believe to be special. We have known the team for some time and have always appreciated their earnest commitment to the community and belief that games can not only bring people together, but also empower.

    It takes a unique collection of individuals to hold space for this potential throughout the decision making process in a project’s earliest days, as the bewildering forces of crypto vie for supremacy. We have no doubt that the Crabada team possesses the character required to navigate this sometimes perilous terrain and our philosophy and approach mirror each other in many respects.

    In that spirit, we are grateful to the Crabada team for entrusting us with this IDO and we were thankful to be able to bring it to our Avalaunch faithful. Many realities come to pass during the public sale process, not least of which is that any team utilizing our platform is relying on us to do justice to their vision and tireless efforts. It’s a tremendous responsibility and the success of it is realized through collaboration and a durable alignment of ethics.

    As such, we are happy to outline some exciting announcements that both teams dreamed up over the last week.

    The XAVA Red Tide & Crabada Invasion

    We conducted some informal polling and asked the denizens of our telegram what they thought of this boutique offering. Overall, some 90% of users agreed that being afforded the opportunity to participate in Crabada, however small, was a worthy endeavor. We agree.

    Over time, our staking numbers have been climbing steadily, having doubled in less than two months, but the Crabada announcement sparked unprecedented demand. We can rest assured that the Avalanche ecosystem is alive, well and growing by the day.

    Though we have much larger sales coming and quite a bit in the works, we wanted to meet this surge in demand head on.

    For this reason, the Avalaunch team has purchased the $400,000 IDO allocation from Crabada and will distribute it to the participants in the sale for free, via a refund of the AVAX paid to claim an allocation.

    This IDO is on us.

    As per usual, the allocations will be determined by stake and the distribution will not be linear. There will be lower than usual maximum allocations to most effectively distribute this to the record number of participants — some 15,000 strong.

    Claim Logistics

    Shortly after the IDO concludes, we will deploy a claim portal where registered users who purchased an allocation will be able to reclaim the AVAX used to purchase that allocation. It will require a bit of coordination across teams post-IDO, so we ask for just a bit of patience, but we aim to have this available to users ASAP.

    True to form, the Crabada team also went back to the drawing board to determine how they could best meet the unanticipated demand, while still honoring the meticulously designed project and game tokenomics. The result being a revived Breeding Coin distribution for participants on Avalaunch.

    At this point we’d like to give the Crabada team the floor so they can share their update to the community:

    Crabda Revised Breeding Coin Distribution

    Breeding Coins were previously arranged to be distributed in a 1:1 ratio to CRA allocation. This would have resulted in only 631 participants being able to successfully breed Origin Crabada in the Special Breeding Event.

    To ensure that the Crabada NFTs would be better distributed, and that more players would be able to obtain Crabada NFTs, we have decided to revise the distribution of Breeding Coins based on the amount of XAVA staked by each participant.

    This revision will now effectively allow 1,470 participants from Avalaunch to receive Breeding Coins and take part in the Special Breeding Event.

    Distribution Details

    Total Breeding Coins for Avalaunch participants:

    • 22,218,000 Breeding Coins
    • 1,470 Participants

    Below is the breakdown of the revised distribution:

    Power to the Player-Investor Class

    We are extremely grateful for the overwhelming support by the community and we wholly believe in empowering our players.

    With the new revision of our Breeding Coin distribution model set in place, we hope to be more inclusive in our reach to the participants to be a part of our growing community.

    We want to be able to give more players a chance to own the NFT game assets and to start playing Crabada.

    Special Breeding Event Updates

    In-lieu of the new influx of new participants (more than 2x!) that will be eligible to take part in the Special Breeding Event, Crabada’s natively whitelisted participants will have a window of 2 hours to start breeding their Crabada first.

    Breeding coins that are allocated to Avalaunch users will be airdropped on 13 Nov, 5 PM UTC.

    Special Breeding Event Schedule:

    • 13 Nov, 3 PM UTC — Breeding Begins (Crabada Native Whitelist Users)
    • 13 Nov, 5 PM UTC — Breeding pauses. Airdrop for Avalaunch participants.
    • 13 Nov, 5.15 PM UTC — Breeding resumes for all participants

    The Special Breeding Event will be on a first-come-first-served basis. With only a limited number of Crabada available for both Pure/Genesis Chambers and Mixed-Breed Chambers, do be early to avoid disappointment of breeding your Crabada of choice!

    Wishing everyone gc (good crabbing)!

    From both teams, we want to thank you for recognizing the power of the Avalanche ecosystem and the quality of initiatives coming to our blossoming L1 ecosystem. We will always strive to do the right thing and our very best to service our passionate, occasionally raucous and always caring community.

    About Crabada

    Welcome to the world of Crabada. Rediscover the prosperous ancient Hermit-Crab Kingdom once ruled by Crustaco, King of the Crabada. Recruit loyal followers to your cause. Harvest precious resources from mines, and breed new warriors for your army. Loot enemies or humble miners unaware, claiming your rightful share of their riches.

    Will you be the one to take the place as King of the Crabada? Or will you sow the seeds of discord across the land? The world is your oyster. Soon, they will tremble when they hear your name.

    Website | Telegram |Discord | Twitter | Whitepaper | Medium