Space Cartels is Launching on Thorstarter!
Thorstarter is thrilled to bring you another exciting project on the low fee, high speed, and scalable Terra network.
While initially launching on Terra, Space Cartels will expand to cover 4 key block chains; Terra, Ethereum, Solana, Binance Smart Chain for maximum market capture
Enter Space Cartels
GameFi & the Metaverse are some of the fastest growing areas in the crypto space. And that is what Space Cartels is all about.
Space Cartels is a Play to earn P2E browser game in the metaverse. Players will earn Dark Matter Tokens ($DMT) for completing the quests. $DMT tokens can be used in-game or sold.
Why Space Cartels
In most Play to Earn games, the value of the initial investment may drop — Space Cartels aims to solve this by making the Initial Investment an item called the Generator, whose value is always 300 UST. This Generator provides players with 10 ENG (energy) that can be used to buy several quests daily. Users are then rewarded $DMT tokens for completing these quests.
As stated in their litepaper, The return of investment should be about 1 month — meaning that players can expect to earn $300-$900 after playing Space Cartels for 1 month depending on the amount of generators that they have. You can use up to 3 Generators at a time.
Space Cartels also has a system to pair people that want to play and earn but don’t have money to invest (scholars) with people that have money but no time to play (managers). Managers then receive 50% of the $DMT tokens the scholars make. This happens completely automatically.
The in game reward token, $DMT, can be used to:
- Buy Mystery Boxes — each box contains 5 different NFT items, useable in-game
- Crafting NFTs from recipes acquired in Federation Wars
In-game utilities like:
- Accelerating Expansion
- Crystals Trading
- Reset of our Boss’s build
- Employee Reroll
- Staking DMT for Dust, with which they can buy valuable items in the game store
- Exchange for crypto
- Much more…
As they learned from the developers, creating multiple utilities for DMT token is their top priority.
Learn more about Space Cartels here.
The $SPC Token
The SPC token is ideal if you want exposure to the Space Cartels game:
- You will also need the SPC token to craft NFTs in Space Cartels
- The SPC token will have a governance and staking system.
- By staking the $SPC token, users will participate in the profits from the fees generated by Space Cartels. 25% of all generated fees are used for this purpose
- You will not be able to earn SPC tokens in the game.
Single asset staking of an SPC token will be divided into two phases:
Phase 1: when the number of players will be in the initial stage of growth, staking rewards will be distributed from a specially prepared pool of SPC tokens. While, 25% of the profit from the commissions will be accumulated in the game’s Treasury. This phase should last about 12 months.
Phase 2: In this phase, the pool of SPC tokens to be distributed for staking will be exhausted. The rewards for staking SPC tokens will be distributed from the commissions earned by the game and from the funds that have been accumulated in the Treasury over a 12-month period (in Phase 1). Thus, the ROI for staking should remain consistently high.
The $SPC IDO
The $SPC IDO will be launched in Q3 2022. Here are the initial details:
– Network: Terra
– Token: $SPC
– Date: Q3 2022
– Price: 0.07$
– Raise Size: $240,000
– Vesting: TBD
– Registration opens: 4 days Prior to Sale
Thorstarter look forward to offering $SPC to its community.
Skal
Participating in a Thorstarter Sale
Pre IDO
Buy XRUNE (Fantom) on SpookySwap (0xe1e6b01ae86ad82b1f1b4eb413b219ac32e17bf6)
Connect (on Fantom) to our app and deposit your XRUNE in our Forge — Based on how much you deposit in Forge, you will get an allocation multiplier for the IDO:
- 2,500 XRUNE = Tier 1–1x Allocation Multiplier
- 7,500 XRUNE = Tier 2–3x Allocation Multiplier
- 25,000 XRUNE = Tier 3–10x Allocation Multiplier
- 50,000 XRUNE = Tier 4–20x Allocation Multiplier
- 100,000 XRUNE = Tier 5–40x Allocation Multiplier,
This means that you are eligible for some multiple of a given sale’s base allocation
Once your XRUNE is locked in Forge, granting you access to their sales, participation is a two-step process:
1. Registration for IDO
Before the sale, you will need to “Register Interest” in thorstarter app to reserve your spot.
Registration is open until 2 hours before the sale. Make sure to Register with your wallet that is Staked in Forge (or Tiers for those not in Forge)
You will then be prompted to Enter your Terra address that you will use on IDO Claim day
2. IDO Day
On Sale Day, go to thorstarter app, connect your wallet, and claim the tokens you registered for with UST.
SKAL frens!
About Space Cartels
Space Cartels is a Play to earn P2E browser game in the metaverse. Players will earn Dark Matter Tokens ($DMT) for completing the quests. $DMT tokens can be used in-game or sold.
About Thorstarter
Thorstarter is a first-of-its-kind model: a hybrid IDO launchpad meets decentralized investment DAO. TS functions as a decentralized VC firm offering an array of services to partner projects. From investing in promising projects, to helping them market and build community, to performing their token launches in the Thorstarter app, Thorstarter is a premium, full suite incubation and launch solution that also helps building communities.
📰 SOURCE
https://blog.thorstarter.org/ido-announcement-space-cartels-a5a8b075fb92
