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Sale Rounds & Eligibility
In this tutorial, we will be covering the different rounds contained in each Avalaunch sale. Each round has a different percentage of the total sale, requirements for eligibility and priority.
Round Types
Every sale on Avalaunch will be broken into three rounds and occur in the following order:
- Validator Round — Guaranteed Allocations
- Staking Round — Guaranteed Allocations
- Booster Round — Opt-In Allocations
Please Note: Once the Validator Round closes, the Staking Round begins. Once the Staking Round closes, the Booster Round begins.
Round Allocations
Each round begins with a different fraction of the total amount available for sale:
- Validator Round* — Maximum of 5% of the total sale
- Staking Round — Minimum of 95% of the total sale
- Booster Round — What remains unsold from Validator and Staking Round
Whatever isn’t sold in the current round will move over into the subsequent round. For example, if only 5% was sold in the “Validator Round,” (instead of 10%) the remaining 5% would move into the “ Staking Round,” making it 95% when it begins instead of the 90% minimum. Same formula applies to available tokens in Booster Round.
*These percentages are subject to change in the future, and rounds may be removed and/or added.
Eligibility
A completed KYC is required for sale participation. If you have not completed our KYC process, please do so in our KYC Application.
After completing the requirements, you will still need to register for a sale during the set registration period. If you miss that registration period, you will not be able to participate.
1. Validator Round
Requirements:
- Own and operate an Avalanche network validator node.
- Create an account and complete our KYC Application.
- Verify ownership of your node in our KYC application.
- Verify your C-Chain wallet in our KYC Application.
This node must be active during both registration and sale to qualify.
2. Staking Round
Requirements:
- Create an account and complete our KYC Application.
- Verify your C-Chain wallet in our KYC Application.
- Stake XAVA in our Allocation Staking Application.
There is no minimum of XAVA you must stake, but the more you stake, the larger you allocation will be. The Avalaunch platform offers guaranteed allocations to all stakers, but there is also a maximum allocation set for each sale.
3. Booster Round
Requirements:
- Create an account and complete our KYC Application.
- Verify your C-Chain wallet in our KYC Application.
- Stake XAVA in our Allocation Staking.
- Opt in to Booster Round in Automations Tab.
This feature will add you to a queue of participants who wish to purchase additional allocation from the pool of unsold tokens. Please make sure you have deposited the suggested amount of collateral.
Sample Sale
Below is an example of how a sale might unfold on the Avalaunch platform.
In parenthesis is just one hypothetical scenario, but will illustrate the logic of the smart contracts.
10:00 a.m. — Validator Round Begins (Max 5%) — 2 hours
(Only 3% of the round allocation is sold, so 2% moves to the next round.)
— 1 Hour Break —
1:00 p.m. — Staking Round Begins (Min 95%) — 2 hours
(Since 2% moved over from the last round, this round is 97% instead of the 95% minimum.)
Avalaunch Tutorial Quick Links:
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YAY Games IDO: Updated Schedule
With the announcement of our first IDO, YAY Games, entering the Avalanche Rush DeFi Incentives program, we saw a small delay with our schedule in order to make sure that all projects were properly in alignment.
With this monumental news and recognition of the Avalaunch / YAY Games collaboration behind us, we are pleased to announce our updated IDO schedule.
Pre-Sale Schedule
8/31 at 11:00 a.m. (PST): Allocation Staking Opens
9/01 at 11:00 a.m. (PST): Registration Opens
9/02 at 11:00 p.m. (PST): Registration Closes
*The URL for the staking and launchpad application will be published shortly before staking begins from our Twitter and Announcement Channel.
*Registration will be open for 36 hours.
If you would like to convert these times into your local timezone, Time Buddy is a useful tool.
Sale Schedule
9/03 at 9:00 a.m. (PST): Validator Round Begins (2 Hours) — Guaranteed Allocations
— 1 Hour Break —
9/03 at 12:00 p.m. (PST): Community Staking Round Begins (2 Hours) — Guaranteed Allocations
— 1 Hour Break —
9/03 at 03:00 p.m. (PST): Public Round Begins (2 Hours)
*The sale closes after the public round has elapsed, or until all tokens are sold.
If you would like to convert these times into your local timezone, Time Buddy is a useful tool.
Avalaunch sales run longer than many other platforms as there is no rush to participate, and we’d like to give users enough time to explore the application. By the time the sale begins, you are either eligible, or you are not. As long as you participate within the time window of your designated sale round, you will receive your allocation.
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Avalaunch Lists on MXC
Pursuant to our partnership announced last week, found here, Avalaunch is proud to be listed on MEXC Global.
As a thriving cryptocurrency exchange, incubator and launch platform with nearly a billion USD in daily trading volume, MEXC is an ideal platform to create a broader distribution for the XAVA token as well as expose the project to a much wider audience. With approximately six million registered users, with ~75% of them in China and Southeast Asia, the opportunity to connect with MEXC’s vibrant community of traders and cryptocurrency supporters represents an important step forward.
A Brief Overview
MXC Global Users:
- ~6 million Registered users with ~200k users per day
Geographic Profiles of Users (approximate):
- 12% in North and South America
- 12% in Europe
- 75% in Asia and China
Security
Established in early 2018, MEXC Global has not suffered a security breach on their exchange and have maintained an impressive trust score across tracking sites. To date, their trust scores as compiled by Coingecko puttting them on par with the proverbial “best of the best.”
Socials:
- Their English speaking telegram has in excess of 125K members
- Similarly large followings across additional Chinese groups
- Twitter: 204.2K Followers
- MEXC Fans Twitter: 51K Followers
Liquidity & Fees
- Average Bid-Ask Spread — 2%
- Normalized Volume Percentile — 98th
- MXC fees are slightly lower than the global industry average at 0.20%/trade.
We look forward to a thriving working partnership together to advance the global initiative that is Avalaunch and to similarly support MEXC in providing a state-of-the-art crypto trading experience.
About MEXC Global: A Leading Crypto Trading Platform
MEXC Global is a cryptocurrency exchange offering one-stop crypto-related services, including margin and spot trading. The centralized exchange boasts a core team of experienced professionals who have worked in world-class financial companies.
The platform offers the most comprehensive marketplace where participants come together to manage crypto holdings, trade, hedge risks, and develop strategies to maximize yields.
Formerly known as MXC, the leading exchange recently rebranded to MEXC Global as it embarks on achieving its goal of global adoption. The exchange is known for its pursuit of global compliance, which has enabled it to expand its world-class services to over 70 countries.
Users on MEXC enjoy a seamless and limitless trading experience, with transaction-matching technology used to maximize earnings from each trade. The global platform also guarantees optimal data integrity, enhanced performance, and high speeds of up to 1.4 million TPs.
Find Us On:
Medium: https://medium.com/mexcglobal
Telegram: https://t.me/MEXCEnglish
MEXC trading: https://t.me/MEXCTradeofficial
Twitter: https://twitter.com/MEXC_Global
Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.gg/zu5drS8
Instagram: https://www.instagram.com/mexcglobal/
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YAY Games AMA#2 — Technical Deep Dive with Nikolay Epifanov
Join us in the Avalaunch Telegram group for the second AMA with the YAY Games team.
We will be joined by YAY Game CEO, Nikolay Epifanov, where we will be diving deep into the technical aspect of the project. The focus here will be on the development, technical challenges and gaming 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 $50 USDT each, for a total of $500 in prizes
Date & Time
- Date: 8/25/2021
- Time: 11:00 a.m. (PST)
- Where: Avalaunch Telegram
- Twitter Thread: Here
AMA Contest Rules
To be eligible to have your question selected, you must:
🐣 Follow: Avalaunch & Yay Games
✈️ Join: Avalaunch Telegram & YAY Games Telegram
♻️ Retweet: Tweet
👪 Tag 3 friends: Tweet
There will be two ways to submit questions:
- Commenting on the Twitter post announcing this AMA
- 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.
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Avalaunch & MEXC Global Partner for Avalanche Project Incubation and Joint IDO/IEOs
Since inception, Avalaunch has focused on building foundational relationships that will serve and support the projects that leverage our platform, before, during and after launch. The earliest days of a project’s development, and the network established during its infancy, tend to have a profound effect on the months and years to follow. This is, in part, why we strive to establish strategic collaborations with some of the most influential organizations in the cryptocurrency space.
As such, we are excited to announce that Avalaunch will be partnering with MEXC Global, a worldwide exchange which performs $500m+ in trading volume daily.
Background
MEXC Global, a leading cryptocurrency exchange, has evolved to become far more than a place to trade tokens. In recent months, they have mobilized their resources to offer expanded services from incubation to IDOs along with the listing of digital assets. We at Avalaunch were fortunate to have taken due note of this evolution and believe that together, we can actively drive the Avalanche ecosystem forward. Their proactivity has extended to supporting select Layer 1 blockchains and their active and growing interest in the Avalanche ecosystem aligns perfectly with our vision for the platform’s future.
Avalaunch, a launchpad powered by the Avalanche platform, allows new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With our values deeply rooted in the early Avalanche community, Avalaunch is able to offer teams access to informed users and partners who are aligned with the long-term goals of the rapidly expanding application ecosystem.
MEXC Global, as a forward-thinking exchange that supports innovation, will work closely with us to accelerate projects that may come to represent the best and the brightest being built on the Avalanche platform. The MEXC Global team has come to believe in our ecosystem and have been exceptional in connecting with the greater Avalanche community. We believe this is just the beginning.
Initial Offerings
Where the true commitment of this partnership shows itself comes from our desire to perform Avalaunch IDOs in tandem with MXC IEOs. As fellow proponents of Avalanche and believers in the quality of endeavors coming to the chain, this combining of forces will ensure that exceptional Avalanche-based teams receive strong exposure and support while working to build foundational applications.
Our joint effort is designed to offer essential liquidity to new projects during their most critical stage of development along with additional guidance, expertise and resources. The benefit from MEXC Global’s top tier marketing services, growing liquidity and strong user base coupled with Avalaunch’s outreach and community support is a dynamic collaboration.
For Avalaunch, having the opportunity to work this closely with a centralized exchange that is ready, willing and eager to deploy their resources to accelerate a new technology towards adoption is something we are honored to be a part of. As organizations with shared goals, we can synergistically contribute to the success of the worthy initiatives we jointly support.
C-Chain Integration
MEXC will integrate with the Avalanche C-Chain, further demonstrating their investment in the growth of the platform. This native integration will allow for more users to flow onto the Avalanche platform, in helping solidify Avalanche as one of the most secure, scalable, truly decentralized technologies the blockchain industry has seen to date.
Conclusion
Avalaunch values the opportunity to align with such an essential partner in the path to broader adoption. Avalaunch’s primary directive is to help grow the Avalanche application ecosystem while fostering strong, healthy communities who are interested in supporting projects long-term as they continue to advance our new decentralized world. MEXC Global and Avalaunch’s offering of early stage funding, exposure, incubation and listings for promising native Avalanche projects represents a great opportunity to leverage a devout grassroots community and a worldwide network to ultimately expose millions of new users to the potential of the Avalanche platform. Avalaunch looks forward to working closely with MEXC Global to push the Avalanche technology, and the team’s that build on it, forward.
About MEXC Global: A Leading Crypto Trading Platform
MEXC Global is a cryptocurrency exchange offering one-stop crypto-related services, including margin and spot trading. The centralized exchange boasts a core team of experienced professionals who have worked in world-class financial companies.
The platform offers the most comprehensive marketplace where participants come together to manage crypto holdings, trade, hedge risks, and develop strategies to maximize yields.
Formerly known as MXC, the leading exchange recently rebranded to MEXC Global as it embarks on achieving its goal of global adoption. The exchange is known for its pursuit of global compliance, which has enabled it to expand its world-class services to over 70 countries.
Users on MEXC enjoy a seamless and limitless trading experience, with transaction-matching technology used to maximize earnings from each trade. The global platform also guarantees optimal data integrity, enhanced performance, and high speeds of up to 1.4 million TPs.
The trading platform offers its native MX token, which is currently trading for $0.8110 per data from the top crypto ranking website coinmarketcap.
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Avalaunch Lists on BitMart
The Avalaunch (XAVA) token will be available to trade on the BitMart Exchange. Trading will commence on August 26th 2021 at 7AM PST and will be available as a USDT pair.
- Deposits: 8/25/2021 7:00 AM PST
- Trades: 8/26/2021 7:00 AM PST
- Withdrawals: 8/27/2021 7:00 AM PST
- Pair: XAVA/USDT
With some 180 supported countries and 5 million “customers served,” Avalaunch is happy to announce the listing. As a launchpad representing the greater Avalanche ecosystem, broad distribution of the XAVA token and exposure to the great projects coming to our launchpad is paramount. BitMart has something of a distinction in the space as it is one of the few exchanges that is perhaps a better known quantity to the general public than cryptocurrency aficionados.
The BitMart team has been an abolute pleasure to work with and we believe that they will continue to make strides and be a long-term supporter of Avalaunch in all our endeavors.
About BitMart
Whether you are an individual or an institution, we want to help you buy, sell, and store your cryptocurrency. Our vision is to bring cryptocurrency available to everyone everywhere, we believe, the decentralized digital currency will reshape the global economic fundamentally, such financial freedom would bring further economic innovation, efficiency, and equality to the world. But it won’t happen unless we build simple, and secure products for individuals and institutions around the world to discover and interact with this new frontier.
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YAY Games #1 — Project Overview with Guilherme Jovanović
Join us in the Avalaunch Telegram group for the first of two AMAs with the YAY Games team.
First up is YAY Games CSO, Guilherme Jovanović, 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. Our second AMA with CEO, Nikolay Epifanov, will focus more on the technical fundamentals of the project.
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 $50 USDT each, for a total of $500 in prizes
Date & Time
- Date: 8/22/2021
- Time: 11:00 a.m. (PST)
- Where: Avalaunch Telegram
- Twitter Thread: Here
AMA Contest Rules
To be eligible to have your question selected, you must:
🐣 Follow: Avalaunch & Yay Games
✈️ Join: Avalaunch Telegram & YAY Games Telegram
♻️ Retweet: Tweet
👪 Tag 3 friends: Tweet
There will be two ways to submit questions:
- Commenting on the Twitter post announcing this AMA
- 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.
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Coming Soon to Avalaunch — How We Think About “Avalanche Native” Projects and the Future of…
The next few months on Avalaunch are going to be exciting. With the announcement of the Avalanche Rush 180M DeFi Incentive Program and the surging amount of interest from all corners of the world, it would be fair to say that “the ecosystem has arrived.”
With large players from other chains integrating with Avalanche it feels like a validation of the things that the early community has known all along. There is still much work to be done, but we at Avalaunch feel that the “awakening” we knew was coming has finally arrived and there is really no telling where we go from here.
A Multi-Chain Avalanche
Before we cover our line-up of projects coming soon to Avalaunch, we wanted to provide some insight into our selection process and how we currently view the burgeoning Avalanche application ecosystem.
This week we announced our first IDO, YAY Games. YAY Games is special to us for many reasons, but one in particular stands out as relevant for the purposes of this brief editorial. That is, they were recently unknown to the Avalanche community and are not an “Avalanche exclusive” project. For Avalaunch, an Avalanche-specific launchpad, dedicated in whole to expanding the native ecosystem, that may seem like a strange choice.
However, we don’t really think so.
Blockchain technology now exists as a thriving multi-chain structure destined to evolve as an ever-increasingly interconnected organism. Therefore, a good team with a strong vision, regardless of their current chain of choice, is absolutely worth our time and attention. Our thinking is that the right project for Avalaunch doesn’t necessarily look any one way and there is no “one-size-fits-all” approach.
For example, maybe you are building exclusively on Avalanche and bleed AVAX red. We like that. Or, maybe, you want to build on three chains, and also leverage the power of the Avalanche community because you are excited about what it feels like to build here. We can appreciate that, too. It just depends. These are scenarios we encounter every day and it’s simply too early to rule out anything completely. The opportunity is always in the unknown and we are dedicated to investigating those uncertain realms in earnest.
Ultimately, we are most interested in more minds, teams and communities being exposed to Avalanche. YAY Games came to us with a large following, and as a result of their decision to work with Avalaunch, afforded us tens of thousands of BSC users now exploring Avalanche — maybe for the very first time. In our book, that’s a major win for the native ecosystem. Not to mention that the YAY team are Avalanche fan boys and have been involved with the platform since day one.
To summarize, we think the best communities and technologies will win, and there doesn’t need to be just one. Maybe there will be, maybe there won’t. We don’t pretend to know. For us, of course, Avalanche reigns supreme. From top to bottom there simply isn’t anything else like it. The people, the technology, and the enthusiasm around its growth is what keeps us going day-to-day. It’s a really special thing.
But, there are plenty of good teams who are not “all-in” on Avalanche (yet) and are excited about experimenting with multiple ecosystems. We think that spirit of exploration is important and is the same type of curiosity that gave us the Avalanche platform in the first place. Let them explore, support them while they do, and eventually, Avalanche will become their preference. It’s really that simple.
While Avalaunch will always likely err toward inclusive, we have plenty of upcoming projects that are Avalanche native through and through and we, of course, look forward to supporting them too.
Coming Soon to Avalaunch
There is a lot we have been working on behind the scenes and we wanted to give the community a preview of some of the confirmed sales coming to Avalaunch. While this does not represent a complete list of projects committed to participate in the Avalaunch ecosystem, we hope it gives our community a good sense of what they can expect in the coming weeks and months.
Over the last year, we have spent countless hours meeting with teams, exploring projects in various stages of development and evangelizing Avalanche far and wide. The following list represents what we believe are some of the strongest, most interesting and useful projects being built on Avalanche today who are ready for their IDO.
The dates for these sales are to be announced, but many of them are coming very soon and we look forward to educating our community about why we think there are vital additions to the Avalanche ecosystem.
So, without further ado…
Oh! Finance
Fight back with the future of money! Oh! Finance offers optimized yield-generating products, focused on reducing risk and increasing volume exposure while earning industry leading interest rates. Oh! Finance aggregates popular DeFi investment strategies and automatically compounds your earnings.
Intelligent auto-compounding maximizes underlying returns, saves on transaction fees by using optimized Smart Contracts while seamlessly managing funds to gain exposure to the best DeFi protocols.
Rise Online
Rise Online is the first MMORPG game developed by Rokosoft with over 100,000 users for their Alpha 2.0. With a strong history as accomplished game developers, the team’s vision to integrate the crypto asset ROCO onto the Avalanche blockchain as part of a larger Rokosoft ecosystem of games and partner games holds great promise.
With NFT solutions, open source SDKs, APIs, virtual management applications and payment system platforms for game developers, content creators and player communities, all slated for Avalanche, we anticipate a potent suite of services.
Kalao
Powered by the Avalanche blockchain, Kalao’s NFT ecosystem leverages a cost effective and easy-to-use marketplace that is poised to accelerate the adoption of VR technologies. The Kalao framework develops virtual worlds and sustainable digital transformations that empower users to create, purchase, sell and collect NFTs.
Built on the Avalanche blockchain, Kalao leverages speed, low fees and security to deliver seamless experiences of a full metaverse, where users can buy a piece of Kalao’s virtual worlds as well as showcase NFT collections in a personalized 3D gallery.
Website | Twitter | Telegram | Discord
Colony
Colony is a community-driven ecosystem accelerator built for the Avalanche ecosystem that will endeavor to bring the structural integrity of traditional finance to DeFi. Colony has set out to construct a properly incentivized foundation for the next generation of applications built on the Avalanche platform.
Powered by a first of its kind funding mechanism, Colony imbues traditional venture capital with a spirit of community through open governance, support and inclusion.
Website | Twitter | Medium | LinkedIn
Hurricane Swap
Welcome to a free economy — HurricaneSwap fundamentally solves the cross-chain transactions of complex assets through a unique market mechanism with cross-chain capabilities. Different from the simple pure currency cross-chain this undoubtedly breakthrough innovation solves the current trading island problems to greatly increase market liquidity.
HurricaneSwap is an Avalanche-based decentralized exchange trading protocol that can create multi-chain assets, confirm transactions in seconds, with cheaper gas costs, user-friendly interoperability to essentially remove the limitations of Ethereum’s insufficient throughput and high fees, effectively reinventing the existing CEX and DEX model.
Website | Twitter | Telegram | Medium
We hope you all are as excited as we here to start seeing the Avalanche ecosystem grow and continue to come to life. Make sure to stop by the communities of these projects, say hello, and give them a follow!
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Avalaunch x YAY Games — IDO Announcement
For our anticipated debut sale, we are thrilled to offer our Avalaunch community participation in the upcoming YAY Games offering. In recent months, the gaming space has heated up considerably and is truly coming into its own now. With the “play-to-earn” model making headlines, the time is indeed nigh and we feel that YAY Games is on the cusp of the cutting edge.
To begin, we’d like to offer a brief overview of YAY, followed by their tokenomics and public raise plans. This is a best-of-breed team and they come to the Avalanche network with no shortage of hype and expectations that they feel fully prepared to meet.
YAY Games Overview
YAY Games is a fully decentralized gaming marketplace with an innovative in-game mining system for network participants while playing games in a fully decentralized manner.
On the platform, participants can earn crypto from:
- In-game mining
- Farming
- Trading
With an ultimate aim to popularize the adoption of DeFi and crypto, YAY allows everyone to enjoy the benefits of financial innovations in the most fun way possible.
Industry At A Glance:
- 2020 revenue from the worldwide PC gaming market: ~37B USD
- 2020 revenue of the mobile gaming market: ~77B USD
Gaming is blooming, but DeFi grows even faster:
- The number of DeFi users increased 2x times in 2020, while the TVL (total value locked) in DeFi protocols increased 74x within one year.
YAY’s proposition to blend these two nascent industries in one platform via a “play-to-earn” model portends a bright future.
Co-Founder of Avalaunch, Mark Stanwyck, states, “As our first IDO, we couldn’t be happier about introducing YAY games to our community. The scope, mission and ethos of the project is perfectly in alignment with ours, and at the end of the day, YAY is interested in driving mass adoption of crypto through gaming.
The team, fundamentals and roadmap are rock solid and we have every confidence in their ability to innovate and deliver. They also bring with them a massive community of passionate users ready to dig in and learn about Avalanche, which is what Avalaunch is really all about.”
For more details about YAY, please visit their introductory article and Medium.
The YAY IDO on Avalaunch
YAY Games came to us with some fanfare, a large, thriving community, and a considerable amount of investor interest. With currently active users and additional games coming to the fore, we feel fortunate that YAY felt it was important to build on Avalanche and add us to their veritable “IDO Tour.”
CEO of YAY, Nick Epifanov, stated, “We couldn’t be more excited to conduct our IDO on the Avalaunch platform. Since the moment we’ve met with the Avalaunch team, we were impressed with the openness, dedication and professionalism of the people behind it and we could not be more happy to have such a partner with us.
Moreover, it is an honour for us that YAY Games will be the first project to collect funds in this thriving ecosystem and surely many more will follow. We are fully dedicated to building a forward thinking decentralized gaming marketplace that will drive not only GameFi development but also drive mainstream cryptocurrency adoption through games. We have big plans ahead of us and we believe this partnership will help us reach where we aim to be.”
Sales, Supply & Token Distribution Breakdown
Launchpads:
- August 23rd — TruePNL — $25,000 USD
- August 25th — Poolz — $100,000 USD
- August 28th — Avalaunch — $250,000 USD
- August 30th — SuperLauncher —$175,000 USD
Sale Rounds:
- Seed: 80,000,000 YAY at .005 USD
- Strategic: 75,000,000 YAY at.006 USD
- Pre-sale: 55,000,000 YAY at .009 USD
- Public IDO: 50,000,000 at .011 USD
Token Supply & Vesting:
- Total Supply: 1,000,000,000 YAY
- In-Game Mining: 185M YAY — 90-day lock, 5% then 2.5% monthly
- Farming Rewards: 160M YAY — 90-day lock, 5% then 2.5% monthly
- Ecosystem: 140M YAY — 90-day lock then 2.5% monthly
- Team: 100M YAY — 180-day lock then 4% monthly
- Marketing: 100M YAY — 2.5% released monthly
- Seed Round: 80M YAY — 10% at TGE then 6% monthly
- Strategic: 75M YAY — 10% at TGE then 7.5% monthly
- Pre-sale: 55M YAY — 30% at TGE then 14% monthly
- Public: 50M YAY — 30% at TGE then 8.75% weekly for 8 weeks
- Liquidity: 30M YAY — 50% at TGE, 50% for future listings (Lock Duration — 12-months on Pangolin — others TBD)
- Airdrop to Holders: 15M YAY — 180-day lock, 25% monthly for 4 months
- Community Contests: 10M YAY — 2.7% released monthly
YAY Token Emission For a full breakdown of the YAY Games tokenomics, please see here.
The Sale On Avalaunch
The required amount of XAVA to be staked, in order to earn a max allocation, is contingent upon the total number of XAVA staked. Once interest is registered on the staking platform, this number will be known. Please note that we will publish an announcement in the coming days regarding the design and function of allocations within the staking framework.
The YAY Games IDO will take place on Avalaunch on 8/28/2021 at 11:00 a.m. PST. The sale will last a total of 12 hours, each of the three rounds lasting 4 hours each.
Avalaunch Sale Distribution:
- 85% of the sale will go to the community stakers of XAVA
- 10% will be reserved for validators of the Avalanche network
- 5% will be reserved for the public
The minority rounds for validators and the public are a way of saying thank you to those who support the Avalanche network and a way to welcome those who may be interested in the ecosystem, respectively.
The YAY Sale on Avalaunch:
- ~22.72M YAY
- Price: .011USD
- Size: $250,000 USD
- Vesting — 30% at TGE then 8.75% weekly for 8 weeks
Other:
- Total Public Round (across all platforms): 50M YAY
- Circulating Supply of YAY post TGE: 47M
- Public Vesting — 30% at TGE then 8.75% weekly for 8 weeks
- Day 1 Market Cap (based on circulating supply): $564,000 USD
- Total Hard Cap: $1,895,000 USD
Conclusion
Avalaunch believes that welcoming an accomplished cross-chain partner into Avalanche represents a worthy beginning for our platform. As DeFi becomes gamified, it appears that gaming is becoming DeFi’d, if you will. The “play-to-earn” as business model is certainly compelling and Yay has demonstrated proof-of-concept and market validation with their existing games. The relative maturity of this project and modest hard cap of under 2M speaks to the integrity of the project and potential for growth.
As a group, we’ve gotten to know the principal contributors to Yay and believe in their vision. From a fundamental perspective, we see strength and upside and are very excited to host the public sale of Yay games.
About YAY Games
YAY is a decentralized gaming marketplace designed for gamers, traders, and farmers that merges the gaming sector with decentralized finance. YAY, at its core, is a gaming marketplace platform that is introducing multiple games in a decentralized way, utilizing blockchain technology to diminish the gap between games and decentralized finance.
We bring the regular gamer into the blockchain by adding innovative in-game mining mechanics, farming pools, and non-fungible tokens to casual games. Thus, rewarding the user based on the number of games played, achievements accomplished, tournaments, and more.
Do not miss your chance to join us on this journey through the blockchain.
Follow us on Twitter, Telegram, and Medium.
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New International Community: Vietnam
Over the last several weeks, Avalaunch has launched a number of global communities designed to expand our reach and influence around the world. We consider our launchpad a community-driven project and are always interested in aligning the most amount of people possible with our launchpad projects.
In this spirit, we are thrilled to announce the roll out of our third International community: Vietnam.
The Vietnamese crypto community is strong, vibrant and an important part of the entire ecosystem. Within days of “soft opening” our Telegram community, the room quickly grew to over 500 members eager to learn about Avalaunch and the roadmap of project. Over the coming weeks, months and years, we expect this to grow to thousands more.
Additionally, our community team in Vietnam is made up of some of the most professional, crypto-savvy people we have ever encountered. We are more than confident in their ability to represent Avalaunch, our ideals, and the visions of the projects utilizing our platform.
In addition to a dedicated Vietnamese language Telegram Channel and Announcement Channel, we are also supporting a Vietnamese version of our Medium content, hosted on the leading Vietnam crypto news outlet, Coin68. As we publish new content, it will be translated and posted here.
As always, we have also engaged local marketing teams, crypto industry experts specializing in the Vietnamese communities, and crypto evangelists to best support our efforts, and help bridge the gap between markets.
🇻🇳 Vietnamese Official Channel Links
- Avalaunch Vietnam Telegram (Official)
- Avalaunch Vietnam Announcements (Official)
- Avalaunch Vietnam Coin68 Blog (Official)