Faraland Community Empowerment Round on Waggle Network
Shortly after announcing their Pollinate marketplace for post-IDO vesting token sale, Waggle Network is excited to share that they’ll pollinate Faraland, the biggest NFT Role-playing Game on BSC! As the Faraland team prepare for their game launch in Q4 of 2021, they will be conducting a Community Empowerment Round, rewarding their existing loyal fanbase with the opportunity to purchase $FARA at discount while also expanding their userbase into the Solana ecosystem.
Here’s your chance to be part of the biggest NFT RPG on BSC!
What is Faraland?
Faraland is a role-playing strategy war-game for Android and iOS, developed on blockchain by MoonKnight Labs, a company based in Vietnam. The players control the characters of 7 races: Humans, Orcs, Elves, Fairies, Dragonborns, Angels, and Demons — each with different abilities, strengths, intelligence, and agility, to fight with other players in a universe called Faraland.
Faraland was recently featured by Binance on their BSC GameFi EXPO Livestream, a 5-day event filled with live stream on Binance Live which highlights promising GameFi projects built on BSC.
Faraland has exquisitely digital collectibles created using blockchain technology. Each collectible is matchless, genuine and varies in rarity. The Faraland Universe has a lot of different races like human, orc, angel, demon, dragonborn, elf and fairy which are waiting for the user to discover and collect.
Faraland aims to be a game where anyone can, through NFT technology, use their Heroes to play and accumulate value over time, earning profits for players. As mentioned above, Faraland owns a true financial market, where the NFT hero is the core. Players will use their Hero to participate in all activities in the game to gain value, exchange, and trade safely with other players.
FARA Community Empowerment Round Details
Faraland will list their tokens, at a discount to the volume-weighted average spot price (VWAP), on Pollinate. They will also impose a reasonable vesting schedule in exchange for the discount to ensure that the value of the tokens is retained and there will be headroom for better price discovery for the token holders.
Vesting Schedule: 1 month cliff, followed by 5 months linear vesting
Discount to VWAP (%): 28.5%
For every project that Waggle pollinates and lists, their token sales allocations are split into two different Pollinate Pools.
Waggle Pollinate Pool: WAG Stakers
Token sales allocations are dedicated to stakers of WAG tokens. Drone and Queen Bees are guaranteed whitelists with a sizable allocation amount for the purchase of the project’s tokens. Mini and Worker Bees also stand a chance to get the whitelists, and they can perform social tasks to increase their chances of being whitelisted.
Newcomers who are currently not staking WAG tokens can also stand a chance to get whitelisted by completing social tasks for raffle tickets, albeit at a much lower allocation amount and chance than the Bees.
How to participate in Pollinate X Faraland:
Step 1: Navigate to Pollinate from the menu bar at the top of https://app.waggle.network.
Step 2: Select Faraland from the featured projects. (update image)
Step 3: Click ‘Join Whitelist’ button to start the whitelisting process for the selected project.
Waggle Pollinate Pools — Staking Tiers
WAG stakers and their respective staking tiers will be recognized automatically on the platform.
- Drone Bee and Queen Bees will get guaranteed whitelist slots.
- Mini and Worker Bees will join a lottery and complete social tasks for a higher chance of winning the whitelist slots.
- A snapshot of your tier will be shown at the end of the whitelisting phase.
- For newcomers who are not staking WAG tokens, fret not! You can also get a chance to win the whitelist slots by completing a set of community tasks. However, your allocation amount will be significantly lower than the current WAG stakers from all tiers.
Note:
In the event that the projects are built on chains outside of Solana (e.g. BSC/ETH/Polygon), you are required to register with a non-exchange BSC/ETH/Polygon wallet address to receive your purchased tokens!
Token Sales
After lottery results are released, selected winners with successful KYC will be qualified to take part in the Token Sales.
All participants will compete on a FCFS basis to purchase up to their respective maximum allocation (determined by their tier) until the pool is entirely filled up. In the rare event that the hard cap is not filled, a second round of token sales may take place.
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