RIFI United IDO Launch on KrystalGO: Announcement & Participation Details

Whitelist Registration for $RU IDO will begin on November 4. Visit KrystalGO to complete KYC and stake $KNC to accumulate points. You can check your points & tier on the Dashboard.

Update (06 Nov, 06:00 UTC): There are changes to token sale timings and TGE schedule.

RIFI United is a P2E soccer manager simulator, and a product of Rikkei Finance. $RU is the in-game currency of RIFI United.

They hope you’re ready for the upcoming $RU token launch by RIFI United, set for launch on KrystalGO.

RIFI United Pool on KrystalGO

  • Token Ticker: $RU
  • Token Type: BEP-20
  • Network: Binance Smart Chain
  • Total Raise: 280,000 BUSD

-RIFI United Public Pool: 149,500 BUSD

-RIFI United Partner Pool: 130,500 BUSD (reserved for KrystalGO Giveaway Winners, and partners of Rikkei Finance)

  • Total Available Tokens: 56,000,000 $RU
  • Deposit Token: BUSD on Binance Smart Chain
  • Price per token: 0.005 BUSD

Whitelist Registration

  • Starts: November 4, 2021, 08:00 UTC (16:00 GMT+8)
  • Ends: November 8, 2021, 08:00 UTC (16:00 GMT+8)

Whitelist Results Announcement: November 8, 2021, 10:00 UTC (18:00 GMT+8)

DO NOT withdraw your KNC before the result announcement is live, even if the Registration Phase has ended! Cut-off time to snapshot your total points to decide your tier for the $RU IDO Pool will happen anytime between 08:00–10:00 UTC, Nov 8.

Token Sale (updated)

  • Phase 1: November 9, 2021, 08:00–12:00 UTC (16:00–20:00 GMT+8) <no change>

ONLY Whitelisted users who are given an allocation based on their tier, can purchase during this phase.

  • Phase 2: November 9, 2021, 12:30–13:00 UTC (20:30–21:00 GMT+8) <brought forward>

All users who registered for the project pool can purchase. Token amount will be predetermined.

  • Phase 3: November 9, 2021, 13:30–13:45 UTC (21:30–21:45 GMT+8) <brought forward>

All KYC-ed KrystalGO users can purchase. Token amount will be predetermined.

In Phase 1, you can purchase your allocation anytime during the token sale time. However, Phase 2 and 3 will run on a First come First serve (FCFS) basis.

Note: Aside from the Public Pool, $RU IDO slot Giveaway Winners can also join the Partner pool to buy their giveaway allocation. Read more about this in the RIFI United Partner Pool section of this article.

TGE & Pool Initiation

On November 9, 2021, 14:00 UTC (22:00 GMT+8)

Vesting Schedule (updated)

  • 70% unlocked at TGE: November 9, 2021, 12:30 UTC (22:30 GMT+8) <brought forward>
  • 15% unlocked each month, over the next 2 months

Join this upcoming IDO here!

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How to join RIFI United Public Pool on KrystalGO?

To be eligible, please complete the following steps.

Step 1: Connect Wallet on KrystalGO

Step 2: Go to Dashboard, Complete KYC

If you need help, you can find the complete instructions here.

Step 3: Accumulate Points

You can check your points and tier on the KrystalGO Dashboard(Do note you can only check this on the KrystalGO page, not the Krystal page)

There are 2 ways you can accumulate points.

  • Stake KNC on KrystalGO (1 KNC = 1 point)

No minimum requirement for Topaz ; minimum requirement required for Obsidian, Emerald or Sapphire.

  1. Go to Dashboard
  2. Select your preferred chain. We support staking on Ethereum, BSC and Polygon. All chains are eligible.
  3. Approve KNC token to stake. You only need to do this transaction once.
  4. After the transaction is confirmed, click on Stake to stake your KNC.
  5. Once staked, you can only unstake after 7 days.
  6. If you want to buy more KNC to stake, click on the ‘Buy KNC’ button, and it will bring you to the Krystal website, where you can swap any tokens for KNC.
  • Trade on Krystal (10 USD = 1 point)

This is not a requirement. If you have already achieved your desired tier by staking KNC, you don’t need to fulfil any trading requirements.

Your trade volume will be calculated 30 days back from the end of a project’s whitelist stage — IE. November 8, 2021, 10:00 UTC (18:00 GMT+8).

Step 4: Check your Tier

🟠 Topaz (0 points)

No guaranteed allocation. All participants in this tier will have to enter a raffle, and the whitelisted slots will be randomly assigned.

  • Minimum amount of KNC staked = 0
  • No minimum point requirement for this tier. You just have to complete KYC.
  • During registration for the whitelist, you will be required to complete social tasks.

🟣 Obsidian (3,000 points)

No guaranteed allocation. All participants in this tier will have to enter a raffle, and the whitelisted slots will be randomly assigned.

  • Minimum amount of KNC staked = 1,200 KNC
  • To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal
  • During registration for the whitelist, you will be required to complete social tasks.

🟢 Emerald (10,000 points)

Guaranteed allocation

  • Minimum amount of KNC staked = 4,000 KNC
  • To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

🔵 Sapphire (35,000 points)

Guaranteed allocation

  • Minimum amount of KNC staked = 14,000 KNC
  • To make up the rest of the points, either stake more KNC or accumulate points by trading on Krystal

IMPORTANT NOTES

  • Your exact allocation will only be revealed on November 8, 2021, 10:00 UTC (18:00 GMT+8).
  • Please make sure to maintain your tier until your allocation is revealed.
  • The higher the tier, the greater the token allocation.

Step 5: Select RIFI United IDO Pool, and complete Whitelist Registration

  1. Go to Pools
  2. Select RIFI United
  3. Click on Register Now
  4. KrystalGO will ask you to sign your wallet. Click Sign on your wallet to complete the registration process
  5. Your status still be updated to: Registered.
  6. Do note that you have to maintain your tier level throughout the registration period until the results are announced.
  7. Participants in ALL TIERS have to wait until the end of Whitelist Registration for the Whitelist Results Announcement to find out their token allocation.

Step 6: Check Whitelist results

  • This will be announced on November 8, 2021, 10:00 UTC (18:00 GMT+8).
  • If you are in tiers Topaz or Obsidian, a raffle will be conducted at the end of the Registration period. You will know if your wallet has been selected during the announcement.
  • If you are in tiers Emerald or Sapphire, you will find out your token allocation during the announcement.

Back to Top ⬆️

RIFI United Partner Pool

The following ONLY applies to KrystalGO Giveaway Winners, and partners of Rikkei Finance. You would have been informed by respective organizers that you have won a slot for the $RU IDO on KrystalGO.

Step 1: Connect Wallet on KrystalGO

The wallet you are connecting on KrystalGO, must be the same wallet you have provided in the giveaways/competitions held by KrystalGO and Rikkei Finance. Any discrepancy will void your slot.

Step 2: Go to Dashboard, Complete KYC

You have to complete KYC before Whitelist Registration ends on November 8, 2021, 08:00 UTC (16:00 GMT+8).

If you need help, you can find the complete instructions here.

Step 3: Wait for Token Sale (updated)

  • Phase 1: November 9, 2021, 08:00–12:00 UTC (16:00–20:00 GMT+8) <no change>

You can purchase up to your allocation amount during this phase. You can purchase your allocation anytime during the token sale time.

  • Phase 2: November 9, 2021, 12:30–13:00 UTC (20:30–21:00 GMT+8) <brought forward>

If there are remaining token allocations, you will be able to purchase during Phase 2 as well. Token amount will be predetermined.

Vesting Schedule (updated)

  • 70% unlocked at TGE: November 9, 2021, 12:30 UTC (22:30 GMT+8) <brought forward>
  • 15% unlocked each month, over the next 2 months

Back to Top ⬆️

For more information, you can check out our complete Participation Guide.

About RIFI United

RIFI United is a P2E soccer manager simulator, built with a unique game depth and a vast and complicated match calculation system to provide proper level of competitiveness and lasting enjoyment for players, paving the way for future NFT lending of Rikkei Finance.

About KrystalGO

KrystalGO is a platform that allows community members to participate in public rounds of funding by token projects.

📰 INFO 

https://medium.com/krystaldefi/rifi-united-ido-launch-on-krystalgo-announcement-participation-details-5352bd9ab0ff

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