Vera Labs IDO Launch on Polkastarter & Whitelist Announcement
Vera Labs is excited to announce its $VERA IDO, as well as its whitelisting Gleam campaign. Read below for more details.
Vera is pleased to announce that Vera’s initial decentralized offering(IDO) for the $VERA token will take place on Polkastarter on Tuesday, September 21 at 6 a.m. PST / 1 p.m. UTC. They are thrilled to be able to give their supporters an opportunity to invest in Vera’s powerful platform for NFTs through their $VERA IDO.
$VERA Token IDO Details
- IDO date: Tuesday, September 21st, 2021
- Ticker: $VERA
- Total supply: 2,000,000,000
- Price per $VERA token: $0.05
- Vesting and max allocation per user will be announced later.
The IDO launch comes a month after Vera closed a $3 million funding round from key backers such as Animoca Brands and Genesis Block Ventures.
Note: Multiple pre-sale rounds for $VERA have already concluded. For strategic round, there is a 2-year lockup period, at which point buyers will receive 15%, followed by ¼ of the remaining 85% released every 3 months up to month 36. For private round and strategic 2 round, there is a 1-year lockup period, at which point buyers will receive 20%, followed by 20% every 3 months up to month 24.
Vera is an open financial platform for non-fungible token (NFT) assets that offer decentralized financing, leasing, lending, seller protection, and other essential financial services for any NFT application. Vera’s platform is open-sourced and supports NFTs minted on any blockchain such as Ethereum, Polkadot, Solana, Polygon, or Binance Smart Chain. Using Vera, applications such as NFT marketplaces, games, or metaverses can generate new revenue streams, reimagine user experiences, and empower their communities.
$VERA is the native token of the Vera platform, which enables financial services on NFT applications such as financing, renting, financing, and asset verification without needing to work with any centralized middleman or intermediary.
Denis Lam, CEO of Vera Labs, the firm driving Vera, stated, “As we prepare for our upcoming IDO with Polkastarter, our team is deeply honored to have so much early support and interest from our community. We’re also extremely grateful to have the guidance and backing from global thought leaders in the emerging NFT DeFi space. With their complete trust in our team, we are more focused and confident than ever to achieve our project’s mission and vision and ensure the long-term success of our project and token.”
Whitelisting Gleam Campaign
In conjunction with their IDO launch, they’re also excited to announce Vera’s Whitelisting Gleam campaign! First and foremost, the Vera team would like to say how grateful we are for all the support and excitement in their community. With that said, here are the whitelisting details:
Vera’s whitelisting form opens right now and will run until September 16th, 23:59 PST.
Gleam details
- Provide your wallet address and indicate whether it is ERC-20 or BEP-20
- Provide your e-mail address (They will contact winners by email)
- Hold a minimum of 250 $POLS in your wallet for at least 7 days until the lottery whitelist closes (Sept.16th) and up to the IDO date (Sept. 21st)
- Join Vera Telegram: https://t.me/veranetwork
- Join Vera Discord: https://vera.financial/discord
- Follow Vera on Twitter: https://twitter.com/veradefi
- Like and retweet their pinned contest Tweet
The campaign also qualifies participants to win USDT! 10 winners will be randomly selected to win $500 USDT each.
(You can click here for more info about Polkastarter’s guidelines)
Important Information
Whitelist entries will be filtered and the following will be disqualified:
- Invalid ERC-20/BEP-20 addresses
- Entries by bots
- Duplicate entries
- Entries with any incomplete step in the process as described above
- After the whitelisting process closes (Thursday, September 16th, 2021 at 23:59 PST), a randomized draw will generate a list of users approved for the IDO
- The approved users will receive an email from [email protected]
- Once the email is received — whitelisted entries will have 36hrs to 72hrs to pass the KYC process
- Please see the Gleam announcement for Terms & Conditions, including restricted countries
The $VERA IDO is the next step in their mission to bring a community-first, open financial platform for NFT assets to the crypto world. To support this initiative, their IDO will launch on September 21, 2021, while their Whitelisting Gleam campaign opens today (September 8th). They’re excited for you to join them on their journey to make NFTs even more accessible within DeFi.
For more information about Vera and their upcoming token launch, please visit their official websites.
About Vera
Vera is the most powerful open financial platform for non-fungible token (NFT) assets. Vera offers decentralized financing, leasing, lending, and other essential financial services for any NFT marketplace, game, or application. Founded in 2021 and backed by notable investors in the decentralized fintech space such as Animoca Brands (leader in blockchain gaming and NFTs; key investor in Axie Infinity, Open Sea, Dapper Labs, CryptoKitties, and much more) and the Web3 Foundation, Vera’s mission is simple: To build open, secure, and powerful NFT financial products that are equally available to everyone everywhere.
About Polkastarter
Polkastarter is the fully decentralized protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets. With Polkastarter, decentralized projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure and compliant environment and use assets both in and beyond the current ERC20 standard.
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