DEFY Initial DEX Offering (IDO) on Polkastarter!

DEFY Initial DEX Offering (IDO) on Polkastarter!

DEFY is excited to announce that the Initial Decentralised Offering (IDO) for the DEFY ($DEFY) token will be hosted on Polkastarter. The allowlist competition is now live!

DEFY is a play-and-earn NFT blockchain mobile game. Immersing players in a metaverse that bridges the virtual and physical worlds, DEFY fuses hyper casual code-breaking gameplay, with real world exploration and Augmented Reality (AR) adventures.

The DEFY token is a utility token which is key in letting users acquire in-game assets, interact with other users and enhance their effectiveness as Operatives in the game. Users can acquire DEFY tokens by exchanging FCOIN (in-game currency) accumulated through in-game achievements or purchase them directly via a Centralised Exchange (CEX) or Decentralised Exchange (DEX).

$DEFY Token IDO Details

  • Project link on Polkastarter: https://polkastarter.com/projects/DEFY
  • IDO start date: 15th of August
  • Ticker: $DEFY
  • Price per $DEFY token: $0.024
  • Polkastarter raise: $200,000
  • Vesting schedule: 100% unlock on 15th of August
  • Max allocation per user: TBA

Note: Originally, DEFY had planned to raise $400,000 via Polkastarter when announced in April, which has now been reduced to $200,000. This decision was taken based on the rapidly changing market conditions and with a view to the long term sustainability of the in-game economy.

DEFY has conducted two highly successful NFT mints to date. Over 7500 Genesis NFT masks were minted out in 13 minutes on April 30th. The second generation masks (Uprising) saw an additional 2000 NFT Masks minted in an hour on July 23rd.

DEFY has begun introducing tools for Operatives to craft and customise their in-game assets, beginning with the dynamic Uprising NFTs which are customisable with decals and badges acquired through the in-app marketplace. More creator tools are under development, with Operatives looking forward to crafting personal drones and other in-game assets.

The team believes in creating a rich gameplay experience based on a multi-year narrative arc in efforts to blur the lines between the real and virtual worlds. To support this, DEFY has launched an ambitious content plan, beginning with a web series, OperativesWatch episode 1 here.

DEFY Initial DEX Offering (IDO) on Polkastarter!

The DEFY allowlist competition is an opportunity for early supporters to join the allowlist ahead of time.

Key details:

  • Allowlist Date: Friday, 5th of August — Thursday 11th of August
  • IDO Date: Monday, 15th of August
  • IDO Token Price: $0.024
  • Vesting Schedule: 100% unlock on 15th of August
  • Ticker: $DEFY
  • Network: Polygon
  • Total Raise: $200,000

Max allocation per person*: TBA

*Subject to change per Polkastarter’s terms and conditions

The Polkastarter allowlist requirements and lottery system enables a more fair and incentivised whitelist process against scams and bots.

How to participate in the DEFY Polkastarter IDO Allowlist Lottery

  • Start Date & Time: Friday, 5th of August, Live now!
  • End Date & Time: Thursday, 11th of August, 1pm UTC

More info on how to join: https://blog.polkastarter.com/how-to-participate-in-a-polkastarter-ido/

To qualify to participate in the DEFY lottery draw on Polkastarter, you must complete all the allowlist tasks.

After completing the tasks above, visit allowlist.defydisrupt.io to fill out the form. Make sure to follow the steps and enter the required information for the allowlist.

Allowlist lottery winners will be contacted by [email protected].

Note: All allowlist lottery winners will need to pass DEFY’s KYC process to be able to participate in the IDO. More details on the whitelist lottery announcement will be available via a medium post at a later time.

Important Information

ALL whitelist entries will be screened and checked. The following list of possible violations will lead to automatic whitelisting disqualification:

  • Invalid ERC20 addresses, Telegram/Twitter handles, and emails.
  • Entries by bots or any form of automation
  • Entries with duplicate identities
  • Entries with any incomplete step in the process as described above
  • Prohibited Country of origin.

Please note that citizens from the following countries are not allowed to participate in the IDO:

Algeria, Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Cote d’Ivoire, Cuba, Democratic Republic of the Congo, Egypt, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Morocco, Myanmar Burma, Nepal, North Korea, People’s Republic of China, Qatar, Republic of Macedonia FYROM, Russian Federation (and the Crimea region of Ukraine), Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Trinidad & Tobago, Tunisia, Uganda, Crimea region of Ukraine, United States of America (USA) including Puerto Rico and all territories, Venezuela, Yemen, and Zimbabwe

Important

  • DEFY team members and admins will never DM you under any circumstances.
  • Information regarding $DEFY tokens, smart contracts, and their addresses are NOT publicly available at the moment. Please be aware of fake addresses and scammers.
  • $DEFY will not be available until Polkastarter’s IDO and one other official IEO, both taking place on August 15th, 2022.

About Polkastarter

Polkastarter is the leading decentralised fundraising platform enabling crypto’s most innovative projects to kick start their journey and grow their communities. Polkastarter allows its users to make research-based decisions to participate in high-potential IDOs, NFT sales, and Gaming projects.

They aim to be a multi-chain platform and currently, users can participate in IDOs and NFT sales on Ethereum, BNB Chain, Polygon, Celo, and Avalanche, with many more to come.

Website | Twitter

About DEFY

DEFY is passionate about building the next generation tools and platforms that allow users to view and interact with NFTs and other digital collectibles in the real world. DEFY’s vision of the metaverse is one that involves merging the virtual and physical worlds in a compelling and inspiring way.

Website | Twitter

SOURCE

https://medium.com/defy-labs/defy-allowlist-for-polkastarter-ido-is-now-live-ddbd3cff2907

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