ECORISE Token Offering on TrustSwap Launchpad

Published on: 19.04.2022

ECORISE, a blockchain platform designed to unlock the value of natural ecosystems, incentivize ecological sustainability, and create a land-based stablecoin, has announced their upcoming $RISE governance token offering on the TrustSwap Launchpad starting May 10th, 2022 at 5PM UTC.

ECORISE is the latest project selected for the TrustSwap Incubator and will have ongoing support from the TrustSwap team through the initial phases of their development.

Participation and Allocation

Anyone staking at least 4,000 $SWAP is eligible to apply to participate in the Public Sale round of the ECORISE $RISE token offering granted that individuals (and entities) meet jurisdictional restrictions.

Tokens will be split up among SWAP stakers proportionately based on their allocation multipliers. For example, a “10” Allocation Multiplier (as seen below) will get you ten times more allocation than a “1” Allocation Multiplier. The more SWAP you stake, the higher your allocation. There are a total of 50 allocation tiers. Click here for a comprehensive list.

“Swap Score” is the average amount of SWAP staked in your wallet over 60 days. As seen below, long-term stakers are rewarded with higher allocations.

Your “Staked Swap” and “Swap Score” is based on the combined total of SWAP staked between all supported networks (ETH, MATIC, AVAX, BSC) from the same wallet address.

Step-By-Step Guide

1. On May 10th, 2022 at 5pm UTC, the application window will open and remain open for 24 hours. During this time, go to the TrustSwap Launchpad and click on the blue “Start” button to apply.

NOTE: The SWAP snapshot will be taken at 5 PM UTC on May 11th, 2022. 24 hours after the Launch event begins.

2. Complete all of the steps listed, including uploading all of the necessary KYC documents.

3. The portal will close after 24 hours. Following its close, there will be a waiting period of up to 48 hours as the ECORISE team finalizes internal processes.

4. Upon the success of your application, you will receive an email confirming the maximum amount you are allowed to contribute to the token offering. Within 24 hours, you have the opportunity to send these funds. After 24 hours, your position will be given to the next in line and you will lose it. Only payments in USDC/USDT are accepted on Ethereum (ERC20), BSC (BEP20), and Matic.

5. DEX listing details will be announced soon.

About ECORISE

The ECORISE platform connects individuals, organizations, and businesses who are focused on ecological conservation through environmental protection, sustainability, and regeneration. These focal groups can become members of a Decentralized Autonomous Organization (DAO) called The ECORISE DAO, a decentralized hub for global ecological governance and data-sharing. Artificial Intelligence is applied to create standardized subsets of price data helping to streamline carbon credit and co-benefit markets.