Babylons upcoming dual IDO on Trustpad and ChainBoost
Greetings Readers!
The highly anticipated dual IDO is finally upon us! On August 16th and 17th, Babylons, the first truly community-owned NFT marketplace, will launch on two of the most reputable project accelerators on the Binance Smart Chain Network, Trustpad and ChainBoost. Trustpad will be on the 16th with Chainboost following on the 17th.
After witnessing the fantastic growth of the Babylons community from the outset, it only made sense to host their IDO on two launchpads. This ensures that a diverse and profuse set of members will have the opportunity to participate and purchase $BABI at entry-level pricing. Below you’ll find the requirements necessary to participate on both Trustpad and ChainBoost
Participating on TrustPad
Three ways to participate:
- Public Whitelist
- TPAD Lottery (From 2k TPAD)
- TPAD Guaranteed Allocation (from 10k TPAD)
Investors that utilize the TrustPad launchpad will be required to stake a minimum amount of $TPAD to be eligible to participate in the Babylons IDO. Please make note of the distinct allocation levels, known as $TPAD Levels, by visiting https://trustpad.io/levels. The official contract address for this token is given below:
0xADCFC6bf853a0a8ad7f9Ff4244140D10cf01363C.
Investors can purchase their desired amount directly on PancakeSwap using this link.
Also, remember to use PancakeSwap V2 when purchasing, and due to the 1% redistribution fee, we recommend setting slippage to 2% — 3%.
The public will also have the option of participating in the TrustPad Babylons IDO Whitelist Competition. The Whitelist opened on August 08, 2021, at 00:00 UTC and will close on August 15, 2021, at 22:00 UTC. You can submit your entry by clicking here.
The top 15 participants will receive a guaranteed allocation of $100 while the remaining 85 will be randomly selected through a lottery and receive $50 in allocation. Earn entries by completing tasks in your race to the top 15 on the leaderboard.
For more information on current $TPAD data, you can visit them on CoinMarketCap and DEXtools.
Participating on ChainBoost
Investors that participate in the Babylons IDO through the ChainBoost Boostpad will be required to complete a KYC for Chainboost.io and submit their contribution using this link.
Babylon encourage you to watch this video for a step-by-step guide on how to complete the KYC and contribution process.
On ChainBoost your participation chance is dictated by a Boostscore that is based on the following metrics
- $CGG holdings, staking, and trading behavior
- NFT holding, trading behavior and hash rate power
- KYC Status
- Interactions within the ecosystem
Increase your score to obtain a higher chance of receiving an allocation. Chainboost winners will receive $500 in allocation.
The official smart contract address for the Chain Guardians token ($CGG) is 0x1fe24f25b1cf609b9c4e7e12d802e3640dfa5e43
For more information on current $CGG data, you can visit them on CoinMarketCap and DEXtools.
Beyond The Public Raise: DEX Listing
Upon the conclusion of the public raise, the next step will be listing. Their Decentralized Exchange of choice in this matter is none other than ApeSwap. Apeswap was the destination of choice due to its strong DeFi community, fantastic UI and impeccable AMM functionality. The monumental listing of the $BABI token will occur on the ApeSwap on the 18th of August so you can enjoy trading $BABI at high speeds and low costs.
Further, ApeSwap will be offering BABI-BNB LP farming opportunity and a pool option for all Babylons enthusiasts to stake GNANA and earn $BABI. Details regarding farming, pools and the official contract address will be announced prior to listing, and ApeSwap has multiple collaborative marketing activities planned, so stay tuned!
Lastly, distribution will take place after initial liquidity has been added to their trading pair on ApeSwap on August 18th.
The Next Generation NFT Marketplace
Babylon is thrilled to finally bring the world a truly community-owned and governed NFT ecosystem that lets members buy, sell, trade, and create their favorite digital assets. Be sure to stay tuned to their social media channel for further updates and as always, thank you for your continued support.
About TrustPad
TrustPad differentiates itself from other launchpads by focusing on quality rather than quantity. TrustPad ensures that every project they launch has the potential to deliver long-term value, to help grow the blockchain ecosystem safely and in a way that is sustainable for all investors. Building trust with their users is at the core of everything they do, and they are proud to partner with companies like Xion that believe in total transparency.
About ChainBoost
Chainboost is a DeFi incubator and Boostpad Protocol that is powered by the ChainGuardians ecosystem. It connects top-tier projects with proven early-project supporters. The Boostpad is underpinned by a BoostScore which analyzes key metrics such as staking & trading habits, participation in the ChainGuardians ecosystem, and more.. ChainBoost has helped many projects increase resources through effective community building and raising capital. The foundations of their Boostpad are built upon trust and transparency, and their team of experts specializes in project growth pre and post-IDO.
About ApeSwap
ApeSwap is an Automated Market Maker, Yield Farming, and Staking platform on Binance Smart Chain (forked from PancakeSwap). ApeSwap was built by DeFi Apes, for DeFi Apes. They have a dedicated team of experienced monkeys, who have years of experience in the cryptocurrency market. $BANANA is the native currency of their platform. Stake, pool, and earn $BANANA all on ApeSwap. You can view our platform and additional details at ApeSwap.Finance.
About Babylons
Babylons is a community-owned and governed NFT marketplace, and one of the very few that operate on the Binance Smart Chain. The Babylons community and $BABI holders enjoy a wide range of perks like fees that are exponentially lower than Ethereum-based competitors, weekly airdrops, the possibility for developers to launch their projects on the platform, and much more. It also features several B2B benefits which include custom royalties for NFT creators and a customized page on the platform to showcase their creations.
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