Impossible Finance IDO #3 | Blocto Token Sale
Impossible announced that Blocto(BLT) will be third launchpad project — Impossible IDO #3 — BLT Token Sale.
🔹Sale card to be displayed here soon:
https://invest.impossible.finance/launchpad
Learn how to use the Impossible Launchpad here
🔹Subscription Timeline:
- KYC Preparation Period: Rolling ongoing basis. Users can submit their information and pass KYC anytime during the entire IDO timeline. Only users that have completed KYC & are from accepted countries will be able to participate in this sale
- Staking Period: Block 10875200 to Block 11298300 estimated to be 2021/09/14 5:00 AM (UTC) to 2021/09/28 5:00 AM (UTC). After completing KYC, stake IDIA into Impossible’s Launchpad staking contract which will record user’s staked IDIA balances within the 14 day period. User’s IDIA balance will be captured onchain, and allocation is calculated based on the amount staked and the length of time staked relative to all participating users.
- Purchase Period: Block 11304260 to Block 11332860 estimated to be 2021/09/28 10:00 AM (UTC) to 2021/09/29 10:00 AM (UTC). Subscription will open at this time for all eligible users for approximately 24 hours depending on BSC block times. Users may elect to purchase any amount of BLT up to the allocation derived from the staking period.
- Claiming Period: Block 11335240 estimated to be 2021/09/29 12:00 PM (UTC) onwards**. Users will be able to claim their BLT tokens on the Impossible Launchpad.
**Due to variability in block times across multiple chains, exact details on the Claiming Period are subject to change prior to distribution in order to synchronize with other parallel launches.
🔹Blocto Token Sale Details:
- Token Name: Blocto Token (BLT)
- Launchpad Sale Hard Cap: 200,000 USD (split into multiple pools)
– Standard pool: 100,000 USD
– Unlimited pool: 100,000 USD - Gleam Campaign: Token Amounts 12,500 BLT (equiv. 5000USD @ Publc Sale Price)
- Total Token Supply: 500,000,000 BLT
- Day 1 Circulating Market Cap: $10,000,000
- Tokens Allocated to Impossible Launchpad: 500,000 BLT* (0.1% of Total Token Supply)
- Public Sale Token Price: 1 BLT = 0.4 BUSD
- Listing Price: TBD — 0.4 BUSD
- Token Sale Format: Staking Subscription
- Sector: Impossible Finance Wallet Track
- Supported Staking Tracks: IDIA staking only
- KYC requirements: Residents from countries or regions such as US, Mainland China, Hong Kong, Macau, Taiwan and UN-sanctioned countries are excluded from participating.
About Impossible Finance
Impossible Finance is a multi-chain incubator, launchpad, and swap platform led by Ex-Binance & DeFi veterans. It offers a robust product-first ecosystem that supports top-tier blockchain projects to targeted user audiences. With extensive support from key leaders in the crypto industry, Impossible Finance simplifies DeFi for users to enjoy fairer investing, cheaper trading and better yields.
About Blocto
Blocto is a cross-chain, integrated smart contract wallet service designed for both developers and users. With Blocto, users can easily and frictionlessly interact with their NFTs, crypto assets, and blockchain decentralized applications (dApps) within the mobile app. Irrespective of which blockchain these assets and applications are built on, developers can integrate and leverage the Blocto service to provide a seamless onboarding process.
📰 INFO
https://medium.com/impossiblefinance/the-impossible-finance-ido-3-blocto-token-sale-44e79a294e41
