Avalaunch x YAY Games IDO
Avalaunch announces the First YAY.Games IDO on Avalaunch.
🔹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
🔹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 they 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
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.
About Avalaunch
Avalaunch is a launchpad powered by the Avalanche platform, allowing new and innovative projects to seamlessly prepare for launch with an emphasis on fair and broad distribution. With its values deeply rooted in the early Avalanche community, we are able to offer projects confident, informed users who are aligned with the long-term goals of the rapidly expanding application ecosystem.
📰 INFO
https://medium.com/avalaunch/avalaunch-x-yay-games-ido-announcement-dfe12d9538f1
