Upcoming IDO (Aug 9th) on SpaceStarter - CrypCade Metaverse
Disclaimer: I hold MILK2 and SHAKE, and I’m super bullish on them, but those opinions are not financial advices and always DYOR before making investment decisions
Despite the market conditions, SpaceSwap team keep building the ecosystem and bring great investment opportunity for the community, what a great pleasure to be part of this great project!
Let’s see some details of this upcoming IDO. In short, THIS IS HUGE!!!
The IDO Start from Aug 9th!!!FCFS!!!
I will quote some research published by SpaceSwap team and give the original link.
1. What is the difference between CrypCade and other metaver project?
One of the biggest differences is that CrypCade offers real businesses a platform for entering into the metaverse and moreover, the ability to appeal to a larger audience in real time.
2. Brief review
CrypCade is an entertainment ecosystem that provides the ultimate gaming and entertainment experience to users in a metaverse environment.
With over 300 different characters, the CrypCade metaverse is a complete and functional ecosystem. The characters are divided into 5 factions: Shadow, Android, Terran, Metahuman and Outworld. Each character has a set of skills that will come in handy for the upcoming P2E games.
Besides characters, users can create their own realistic 3D NFT avatars. Choose between hundreds of unique characters, factions and rarity levels. Every NFT character has a 1:1 metaverse avatar correspondent that you won’t find anywhere else!
3. Tokenomics
The main purpose of the iCade token is to provide access to a share of the Dividend Pool by freezing tokens in order to convert them into shares in the pool.
Part of the pool will be distributed daily to the development fund and the shareholders, with a smaller share set aside for daily prizes, leaderboard contests and giveaways, which will lead to a daily passive income for the user.
The rest of the pool will roll over to the next round and replenish the pool, allowing users to use the pre-filled pool for the next daily payout and to ensure the mechanism runs smoothly and continuously.
The total offer is 1,000,000,000 ICADE, where 20% is allocated for Play-to-Earn, 15% for staking and farming, 12% for marketing and the team, 8% for a private round, 5% for ecosystem development, a seed round, liquidity and only 3% for the public round, DAO reserve and advisors.
4. Partners, investors, and backers
The project is very interesting and promising. From the list of backers, we see funds such as: Block Brands, Boundless Ventures, CoinVestor, CryptoZilla, R-930 Capital, MH Ventures, Zephyrus Capital and others.
Have any other questions regarding to CrypCade? Join the AMA with CrypCade in SpaceSwap telegram group (July 14th, 12pm UTC): https://t.me/SpaceSwap
The original article link: https://medium.com/spaceswap-defi/crypcade-ido-why-should-you-take-a-closer-look-at-this-project-e82d092b77c5
SpaceSwap Twitter: https://twitter.com/spaceswapdefi
SpaceSwap Telegram: https://t.me/SpaceSwap
