Genesis Pool (GPool), the decentralized launchpad ecosystem is excited to announce its eighth IDO: Merrymen — A fully decentralized exchange, built on the Binance Smart Chain, which aims to bring in CeFi & traditional investors to DeFi via aggressive marketing, partnerships, and unique products.
The Genesis Pool team has been hard at work to include the best raises for the OG community before the end of 2021. More information on the upcoming IDO’s will be released shortly on all social platforms.
A Strategic Collaboration
The Merrymen IDO will go a step beyond previous raises on Genesis Pool. The team has not only secured the entirety of the public raise for the community, 1% of Merrymen’s tokens will also be distributed through the upcoming staking platform. With the platform launch just around the corner, Genesis Pool aims to maximize rewards for the OG community.
Merrymen has allocated 8% to be distributed in the following manner: for each project conducting a raise on Genesis Pool that lists on the Merrymen DEX, Merrymen will allocate 0.2% to the community of the project, and will match this with an additional 0.2% to be distributed via the Genesis Pool staking platform.
The Genesis Pool ecosystem is continually expanding, while placing the interests of the investor community as the main priority.
Merrymen: The new generation of DEX’s
The DEX marketplace has ceased evolving and progressing altogether. Merrymen has a unique proposal: Integrate all the best features from centralized finance (CeFi) exchanges like Robinhood — including ease of use and an interactive interface, the broad utility of centralized cryptocurrency exchanges and the financial empowerment that decentralized exchanges give investors; lastly, bring all of these features to a one of a kind mobile DEX app.
Merrymen IDO tokenomics and timeline
Merrymen has structured their tokenomics in such a way that investors throughout various financial sectors will be incentivized to trade on the DEX and participate in the ecosystem. Genesis Pool has secured a significant number of tokens to be injected into the ecosystem and distributed accordingly.
Stay tuned on all of Genesis Pool’s social media accounts to stay up to date with Staking Platform updates!
Tokenomics
Public 30%: 150,000,000 @ $0,0037 fully diluted
Operations, marketing, liquidity, rewards 30%: 150,000,000
Robinhood airdrop 10%: 50,000,000 vested for 3 months
GPool projects airdrop 10%: 50,000,000 vested for 3 months
Projects providing liquidity airdrop 10%: 50,000,000 vested for 6 months
Liquidity provision rewards 10%: 50,000,000
Listing: $0,0045 (Merrymen DEX)
Sale Details
- Target Raise: $560,000
- Price per token: $0,00373
- Allocation amount: $500-$1000
- Allocation Type: Public Round
- Vesting Period: 33.3% TGE, 33.3% distributed monthly for 2 months
Timeline
3rd December 15:00 PM UTC: Internal AMA (AMA in the GPool Telegram group with the Merrymen team)
4th December 12:00 AM UTC: Whitelist opens
6th December 12:00 AM UTC: Whitelist closes
7th December 12:00 AM UTC: Round 1 starts
8th December 06:00 AM UTC: Round 1 ends
8th December 12:00 AM UTC: Round 2 Whitelist open
9th December 06:00 AM UTC: Round 2 Whitelist close
10th December 12:00 AM UTC: Round 2 starts
11th December 06:00 AM UTC: Round 2 ends
Whitelisting will take place through the website and further details will be released on how to participate.
Merrymen’s priority: rewarding investors
“Merrymen will carry out an explosive marketing campaign throughout the remainder of Q4 2021 and into early 2022. The campaign will be composed of all types of external marketing (Influencers, AMA’s, articles & PR etc), strategic partnerships, and more, to reward early investors and bring volume and liquidity to the DEX.
In 2022, the community should expect stage 1 of the crypto world’s only real mobile DEX app, which will undoubtedly bring in new sets of eyes to the ecosystem, facilitating the creation of a new generation of crypto trading”
— Merrymen team
