SolDate Dual-sale Launching on Intersola!

Hi everyone, Intersola is excited to announce that SolDate will be launching on Intersola with a dual-sale! SolDate will be selling $DATE across a private sale round on the 10th of September at 12:00 UTC and a public round on the 15th of September at 12:00 UTC.

With Solana summer in full swing, they’re excited to have this opportunity to bring you a project that is focused on disrupting an entrenched industry outside the typical blockchain ecosystem, whilst benefitting from the core advantages of Solana.

After much deliberation, the SolDate team have made a decision to radically shift their token model and run a dual-sale process with Intersola — ensuring that all community members have equal opportunity of access.

  • Private Sale (10th of Sept) — In order to reward long-term SolDate supporters as opposed to VC’s, the team will be opening up their private sale to SolDate Whitelisted users. Intersola stakers will similarly have an opportunity to be granted guaranteed allocation. See below for more details.
  • Public Sale (15th of Sept) — This phase will be focused on Intersola stakers.

What is SolDate

SolDate is bringing online dating onto the Solana blockchain, providing an entirely fresh dating experience to its users. Unlike traditional dating apps, SolDate is intent on building a community-driven, transparent, accurate and most importantly secure platform.

The SPL token $DATE will provide the backbone of the ecosystem, powering the community-driven aspects of the platform, as well as safeguarding user privacy and data security. By integrating the $DATE token into the ecosystem, SolDate is able to ensure that the platform remains open and is not beholden to advertisers. This will allow SolDate to keep their platform open to the largest audience whilst ensuring that the user is not themselves becoming the currency to advertisers — ensuring that personal data is secure and private. So what can you do with $DATE:

  • Match Rewards — Earn $DATE rewards simply for matching and contributing to actions that make the platform fun, accurate & safe
  • Get Bonus Swipes — $DATE holders get access to additional Swipes to use within the platform. Hold more than 30 $DATE in order to increase swipe limits
  • Take Part in the Loyalty Program — Long term holders of $DATE will have increased platform visibility. Note that token ownership will not allow users to manipulate visibility, and will be balanced to ensure fairness for all users
  • Gift NFT’s — Show your commitment and create personalised memories by accessing the SolDate NFT marketplace
  • Platform Governance — $DATE holders bring the power of decision-making back to the users, contributing to governance and policy-making decisions such as adding features and functionality

The $DATE token is a fixed supply and deflationary SPL token on the Solana blockchain. This allows the system to execute multiple required on-chain actions without high fees and with high speed. Deflationary actions include an annual buy-back-burn scheme and token ‘invite’ burns.

The initial market capitalisation will be 153k USD and an initial fully-diluted valuation of 3m USD.

SolDate Tokenomics — September 2021

SolDate Dual-Sale — How To Take Part

Both the Private and Public sale portions of the SolDate sale will take place on the Intersola launchpad via our website. Each sale however, will have differing requirements and will run slightly differently. Please ensure you read the following carefully to avoid disappointment.

Both sales will be run as per our standard process over a 24 hour period, with two rounds:

  • Exclusive Round — When the sale begins, there will be a 20 minute period where ISOLA stakers / SolDate whitelisted users may buy up to their Guaranteed Allocation Amount
  • Public Round — If there is any unsold allocation after the 20 minutes, the FCFS round will begin and be open to the public on a first-come-first-serve (FCFS) basis until the allocation is exhausted.

Intersola staking is in the final round of testing, and will be made available on the 8th of September. Please ensure you have your $ISOLA ready in advance of this, and see our knowledge base for more info on how this works.

The Private Sale will occur on the 10th of September at 12:00 UTC. A total of 10m tokens will be available at a price of $0.027 USD (pegged to SOL 24 hours prior to the sale date), with 20% unlocked on TGE and then 20% monthly thereafter. There are two ways to gain access to the Exclusive Round, users will only need to gain access through ONE method:

  1. Whitelisted via SolDate — SolDate will be rewarding dedicated supporters through a whitelist program, running from the 5th — 7th of September; OR
  2. ISOLA Stakers — Once staking is launched on the 8th, users will need to stake their ISOLA before the 9th of September at 12:00 UTC

The Public Sale will occur on the 15th of September at 12:00 UTC. A total of 2m tokens will be available at a price of $0.029 USD (pegged to SOL 24 hours prior to the sale date), with 100% unlocked on TGE. This sale will be run as normal and as described here — simply stake your $ISOLA prior to 24 hours before the sale date (14th of September 12:00 UTC).

Full Sale Process

  1. Get whitelisted through SolDate from the 5th-7th OR stake your ISOLA before the 9th of September at 12:00 UTC — See above for more details. This will ensure you are allocated a Guaranteed Allocation, with the allocations to be confirmed on the 9th of September at 12:00 UTC.
  2. Guaranteed Allocation limits to be set 24 hours prior to sale — All ISOLA stakers will be provided with a guaranteed allocation amount. This amount may differ from successful SolDate whitelisted users, who will be provided a separate allocation to be determined by the SolDate team
  3. Conversion rate from SOL:USD will be set 24 hours prior to sale — A final SOL per DATE price will be set (DATE is currently priced at $0.027 USD per token)
  4. Exclusive Round — When the sale begins, there will be a 20 minute period where ISOLA stakers & SolDate whitelisted users may buy up to their Guaranteed Allocation Amount
  5. FCFS Round — If there is any unsold allocation after the 20 minutes, the FCFS round will begin and be open to the public on a first-come-first-serve (FCFS) basis until the allocation is exhausted or the 24 hour sale period has finished
  6. Claiming Tokens — The distribution for DATE tokens will be 20% upfront then 20% monthly thereafter and will occur at the same time as the Public Sale distributions (after the 15th). Please await further details as to how these tokens will be distributed.
  1. Stake your ISOLA before the 14th of September at 12:00 UTC — See above for more details. This will ensure you are allocated a Guaranteed Allocation.
  2. Guaranteed Allocation limits to be set 24 hours prior to sale — All ISOLA stakers will be provided with a guaranteed allocation amount.
  3. Conversion rate from SOL:USD will be set 24 hours prior to sale — A final SOL per DATE price will be set (DATE is currently priced at $0.029 USD per token)
  4. ISOLA Exclusive Round — When the sale begins, there will be a 20 minute period where ISOLA stakers may buy up to their Guaranteed Allocation Amount
  5. FCFS Round — If there is any unsold allocation after the 20 minutes, the FCFS round will begin and be open to the public on a first-come-first-serve (FCFS) basis until the allocation is exhausted or the 24 hour sale period has finished
  6. Claiming Tokens — The distribution for DATE tokens will available in full via the Intersola website on the SolDate pool page, at least 24 hours following the close of the sale. More details to come.

Full Sale Details

  • Date and time — Private: 10th of September, 12pm (noon) UTC time / Public: 15th of September, 12 pm (noon) UTC time
  • SolDate Whitelist deadline — Only required for the Private Sale if not staking ISOLA. 7th of September.
  • ISOLA Staking deadline — Private: 9th of September, 12pm (noon) UTC time / Public: 14th of September, 12 pm (noon) UTC time
  • Location — Our website
  • DATE available for sale — Private: 10,000,000 / Public: 2,000,000
  • Price per token — Private: $0.027 USD (0.0001298 SOL via SOL:ISD pegged 24 hours prior to sale at $208) / Public: $0.029 USD
  • Raise currency — SOL, pegged 24 hours prior to each sale

Guarantee Your Allocation

Guarantee your spot in the action by securing ISOLA and increase your Tier to increase your pool weighting!

For those who miss out on the SolDate whitelist or ISOLA staking deadline, please be prepared with SOL in your wallet to have a shot at securing DATE in the FCFS phase of the sale. This round will be open to all participants regardless of whitelist or ISOLA holding.

The Intersola token is required to secure your Guaranteed Allocation into SolDate and future IDO’s. You may purchase this directly on Raydium by following the simple steps here.

📰 INFO

https://intersola.medium.com/soldate-is-coming-to-intersola-10th-15th-of-september-12-00-utc-70f8d7b0769c

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