Star Atlas Revealed its Token Sale Details
On August 26, 2021, FTX, Raydium and Apollo-X will host the sale of the highly anticipated tokens of the Solana-powered Star Atlas metaverse, ushering in the next era of play-to-earn enabled GameFi revolution. In the two IDOs, additional allocation of ATLAS and POLIS tokens will be available to holders of meta-posters.
To ensure a fair and transparent launch of its tokens in eligible jurisdictions worldwide, Star Atlas is launching an Initial exchange offering (IEO) on FTX and an Initial DEX Offering (IDO) on both Apollo-X and Raydium launchpad platforms.
The two tokens enabling the next-gen blockchain gaming experience are Star Atlas with its ticker ATLAS, and Star Atlas DAO with its ticker POLIS. The total supply of the Star Atlas token is 36 billion while the total supply of Star Atlas DAO token stands at 360 million (the 1%’ers). The expected circulating supply upon the launch is 2,160,000,000 for Star Atlas and 21,600,000 for Star Atlas DAO.
Precisely 2% of the total supply of each token is available for the raise across the three platforms. At a token price of $0.00138 per Star Atlas and $0.138 per Star Atlas DAO token, the sale offers a combined value of $2 million US in both tokens at an equally split 1:1 ratio.
Distribution among platforms sees $1 million allocated to the FTX IEO and $500,000 allocated to both Raydium and Apollo-X, a total of 720,000,000 Star Atlas and 7,200,000 Star Atlas DAO tokens.
FTX
To participate in the IEO event on FTX, you complete the onboarding and meet the platform criteria by 9 PM SGT (6 AM PDT) on August 25, 2021. On August 26 between 9 PM SGT (6 AM PDT) and 10 PM SGT (7 AM PDT), if you meet the conditions including holding at least 150 FTT tokens, you will be able to bid in the Star Atlas token sale on the platform. The allocations will be raffled off immediately thereafter.
More details and a step-by-step guide are available on the FTX website.
Apollo-X
Of the total supply of 36,000,000,000 Star Atlas (ATLAS) tokens, the Apollo-X allocation is 180,000,000 at a price of $0.00138 per token. Its pool of $248,400 worth of this token is split evenly across Apollo-X/ Star Atlas pools.
For the Star Atlas DAO (POLIS) tokens, the Apollo-X allocation is 1,800,000 out of a total of 360,000,000 at a price of $0.138 per token. Its pool of $248,400 worth of this token is split evenly across Apollo-X/ Star Atlas pools.
To participate in the IDO on Apollo-X, you will need to stake your PAID tokens and get whitelisted on the platform. Depending on the amount of your staked PAID tokens — 750, 1,500, or 4,500 — on the Binance Smart Chain (BSC), you will be assigned a tier. Staking of PAID begins on August 25, 2021 to determine your ticket allotment. On August 26, 2021 at 7 AM PDT, you will be able to enter the whitelist on a first-come first-serve basis. To better understand staking and whitelisting on Apollo-X, watch this tutorial. More information on the IDO is available here.
Nearly $250,000 worth of tokens will be reserved exclusively for holders of Star Atlas NFT badges. A minimum staking level of 750 PAID tokens is required to enter this Star Atlas pool as badge holders. Based on the meta-poster snapshot drop, holders will receive additional tickets to participate in this pool. Users will need to possess at least one full Star Atlas ticket to participate in this exclusive pool. The total number of tickets will determine the likelihood of allocation up to the maximum size per participant. The number of tickets will be calculated based on the number of tier badges and meta-posters being held and participants will have access to $5 of additional allocation per ticket held. A ticket Size of $138 will net 100,000 Star Atlas (ATLAS) or 1,000 Star Atlas DAO (POLIS) tokens. A $276 ticket brings 200,000 ATLAS or 2,000 POLIS, and $345 means 250,000 ATLAS or 2,500 POLIS.
Raydium
The IDO on Raydium uses a ticket-based lottery system for the token allocation. Depending on the amount of RAY tokens staked, you will receive a certain amount of tickets. These will enable you to purchase Star Atlas tokens from the AcceleRaytor pool. Staking of RAY begins on August 25, 2021 to determine your ticket allotment. AcceleRaytor pool opens on September 1, 2021. Another way to get token allocation on Raydium is to participate in their Fusion liquidity provider pool and earn staking yield in Star Atlas tokens.
Further information on how to participate in the Raydium sale is available here.
Holders of a Star Atlas NFT badge will also be eligible for additional lottery tickets based on the number of tier badges and meta-posters being held by the participating user.
Meta-poster Tier Rewards
The official meta-poster rewards snapshot on August 25, 2021 at 8 AM PDT will also provide the data for additional tickets available to ReBirth and Legends meta-poster holders.
Before the snapshot, the meta-posters should be in your wallet and not for sale on the Galactic Marketplace on StarAtlas.com or other DEX marketplaces. Any meta-poster that is in either an “Open order”, “Unclaimed”, or “Unsettled” status in your inventory or on a DEX Marketplace will not be able to be counted in the snapshot. You should close your open orders, claim all unsettled balances, and have the meta-posters in your wallet in advance of the snapshot on August 25, 2021.
On August 26, 2021 at 8 AM PDT, to allow ReBirth meta-poster collectors to fully benefit from the token sale, NFT Badges from the Loot Box Rewards pack will be dropped into wallets of holders. No other NFT will be dropped at that time. The Badges (Atlassian, Principal, Officer, Superior, Captain and Executive) give holders an advantage during the token sale.
Users who have purchased ReBirth meta-posters from #1 to #5 on OpenSea are strongly encouraged to consolidate their meta-posters into one wallet address and migrate them to a Solana wallet through the Wormhole Bridge in advance of the official snapshot date.
In case of questions while preparing for the snapshot, drop and token sale, visit our Star Atlas Discord server for guidance and walkthrough with our community.
Owners of Meta-Poster Tier collections will remain eligible for surprise NFT drops and treats in the future.
Calculating your meta-poster bonus
To determine the precise bonus amount of tickets holders of meta-posters are eligible for, please use this Star Atlas IDO Ticket Calculator.
Terms and conditions
The ATLAS and POLIS tokens are not being offered in the United States or to any U.S. Persons. If you are located in, incorporated or otherwise established in, or a resident of the United States of America, you are not permitted to participate in the sale or to purchase any ATLAS/POLIS tokens. Please note that there is no guarantee of your right to participate in a sale or to receive any allocation.
About Star Atlas
Star Atlas is a next-gen gaming metaverse emerging from the confluence of state of the art blockchain, real-time graphics, multiplayer video game, and decentralized financial technologies.
📰 INFO
https://medium.com/star-atlas/star-atlas-token-sale-details-revealed-857bf7505fdd
