Earn Guild Token Offering on TrustSwap Launchpad!
Earn Guild, a decentralized player’s guild for play-to-earn gamers, has announced their collaboration with TrustSwap for the $EARN token offering December 13th at 5pm UTC on the TrustSwap Launchpad.
Play-to-earn games are skill-based blockchain games where players can compete and earn digital tokens.
Earn Guild supports play-to-earn players by offering resources such as:
- A marketplace for the sale and rental of play-to-earn NFTs
- Coaching for new players
- An exchange for game tokens
- Fiat gateways including the Earn Guild Mastercard
- Credit scores for players
Earn Guild offers players a way to improve their skills and earn more while providing market exposure to the fast-growing NFT and Play-to-Earn sectors with a robust feature set and a comprehensive ecosystem.
Earn Guild DAO
Earn Guild is a Decentralized Autonomous Organization (DAO). Every player who holds $EARN tokens will have voting power and a voice in the guild. $EARN tokens allow all Earn Guild players and token holders to propose and vote on community changes to the platform. Examples of decisions that may be candidates for proposals and votes include uses for tokens acquired in buybacks, and votes around which NFTs to acquire or sell for the vault.
$EARN Token Offering Details
Secure Launch Process
To ensure a smooth launch, the Earn Guild team has agreed to:
1) Have their domain fully SSL certified one week prior to the launch date.
2) Have their domain protected by Cloudflare and share the proof with TrustSwap prior to the launch date.
3) Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
4) Add no less than $200,000 of liquidity immediately upon DEX listing.
5) Distribute tokens to launchpad participants within one hour of exchange listing using a token distributor like disperse or multisender.
6) Lock liquidity within 3 hours of listing for no less than 60 days.
7) Provide the timeline for token distributions, and distribute tokens within a one-hour window of the agreed-upon time.
8) Lock 75% or more of team & dev fund tokens for a minimum of thirty days on http://team.finance/ within 6 hours of funding DEX liquidity.
9) Have at least one community moderator on each social platform (Twitter, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch.
Participation and Allocation
Anyone staking at least 4,000 SWAP is eligible to apply to participate in the $EARN token offering granted that individuals (and entities) meet jurisdictional restrictions.
Tokens will be split up among $SWAP stakers proportionately based on their allocation multipliers. For example, a “10” Allocation Multiplier (as seen below) will get you ten times more allocation than a “1” Allocation Multiplier. The more $SWAP you stake, the higher your allocation. In general, it takes 2,000 SWAP to climb to each new level. There is a discount going from 45x to 50x Allocation Multiplier.
“Swap Score” is the average amount of SWAP staked in your wallet over 60 days. As seen below, long-term stakers are rewarded with higher allocations.
Your “Staked Swap” and “Swap Score” is the combined total between both the ETH and MATIC network, and must be from the same wallet.
Step-By-Step Guide
1. On December 13th, 2021 5pm UTC, the application window will open and remain open for 24 hours. During this time, go to the TrustSwap Launchpad at https://dashboard.trustswap.com/app/launchpads and click on the blue “Start” button to apply.
NOTE: The snapshot for the Earn Guild allocations will be taken at 5 PM UTC on December 13th, 2021.
2. Complete all of the steps listed, including uploading all of the necessary KYC documents.
3. The portal will close after 24 hours. Following its close, there will be a waiting period of up to 48 hours as the Earn Guild team finalizes internal processes.
4. Upon the success of your application, you will receive an email confirming the maximum amount you are allowed to contribute to the token offering. Within 24 hours, you have the opportunity to send these funds. After 24 hours, your position will be given to the next in line and you will lose it. Only payments in USDC or USDT on either Ethereum (ERC20) or Binance Smart Chain (BEP20) will be accepted.
5. DEX listing will be on January 18th, 2022 on Pancakeswap.
What should I do to prepare for the token offering?
- Based on the requirements set for a guaranteed allocation, stake your $SWAP tokens here before the deadline mentioned above.
- Take a photo of your government issued ID card (Passport, Drivers License, or any other form of government issued ID card that has your photo in it). (This is not required if you have an active registry with Sekuritance KYC.)
- Take a selfie of yourself holding the ID card along with a note that reads: “Earn Guild 2021”. (This is not required if you have an active registry with Sekuritance KYC.)
- Make sure to follow the TrustSwap Announcement channel for updates and confirmations.
- Submit your details and documents at any point during the 24 hour window at https://dashboard.trustswap.org/app/launchpads.
📰 INFO
https://trustswap.com/earn-guild-announces-token-offering-dec-13th-on-trustswap-launchpad/
