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Genopets Multi-chain + Multi-platform Token Launch Details – Solana Chain News – One Stop News Solution for Solana

Genopets Multi-chain + Multi-platform Token Launch Details

WARNING: Genopets has unfortunately received information regarding the creation of counterfeit, imitation tokens, so stay alert and ONLY purchase tokens from the contracted addresses released on our official social media channels to avoid SCAMS. We NEVER send DMs regarding the solicitation of funds. EVER. Genopets.me is our ONLY official website.

*clears throat* Now, where were we? Oh, that’s right!

Dear fellow Genovians,

We are incredibly excited to announce that Genopets, the world’s first Move-to-Earn NFT game, has started the process of our multi-chain + multi-platform GENE token sale, which will conclude on November 18, 2021.

In order to reach the widest possible audience for our token distribution, we have decided to launch an Initial Exchange Offering (IEO) on Bybit and MEXC and an Initial DEX Offering (IDO) on Raydium (Solana) and Impossible Finance (BSC).

Official Launch Partners

Token launchpads grant prospective users early access to discover and buy into new projects before their token is publicly listed. This way, even newcomers who want to start building their portfolio can participate and support new projects from day 1. Continue reading below for details on the 4 launchpads that will be a part of our multi-chain + multi-platform token launch. There are no other approved places to participate in the sale of GENE tokens. Beware of scams.

Raydium (IDO)

Raydium is an automated market maker (AMM) platform built on Solana where users can swap, trade and provide liquidity to earn yield on digital assets.

Raydium AcceleRaytor allocation for interested participants will be determined by a lottery system. Allocation for one winning lottery ticket is 80 USDC and there will be two snapshot deadlines (7 and 30 days) to determine ticket allotment. For more details see their official announcement.

If you have any questions about Raydium, review their FAQ and direct any additional support inquiries to their team.

Tokens Available: 500,000 GENE (0.5% of total GENE supply), unlocked

Token fixed price: 1 GENE = 0.80 USDC

Total raise: 400,000 USDC

Model: Lottery for allocation

Allocation for winning ticket: 80 USDC (100 GENE)

Total number of winning tickets: 5,000

Staking deadline: October 18, 12:00 UTC (30-day) and November 10, 12:00 UTC (7-day)

Pool open period: November 17, 12:00 UTC — November 18, 00:00 UTC (12 hours)

Claiming period: November 18, 12:00 UTC

Committed Token: $RAY

KYC Requirements: The sale of tokens is not available to U.S. Persons (as defined by Regulation S under the Securities Act of 1933), Mainland China or to persons located in a sanctioned country as provided by OFAC.

Raydium FAQ: https://raydium.gitbook.io/raydium/
Official Raydium Announcement: https://raydium.medium.com/genopets-is-launching-on-acceleraytor-a4cba0b9f78b

Impossible Finance (IDO)

Impossible Finance is a multi-chain incubator, launchpad, and swap platform led by Ex-Binance & DeFi veterans. It offers a robust product-first ecosystem that supports top-tier blockchain projects to targeted user audiences.

Impossible Finance IDO allocation for interested participants is available in 3 pools, a Standard, Unlimited, and Whitelist Allocation Sale. Please see their official announcement for more details on each and how to get involved.

If you have any questions about Impossible Finance, review their FAQ and direct any additional support inquiries to their team.

Tokens Available: 450,000 GENE (0.5% of total GENE supply), unlocked

Token fixed price: 1 GENE = 0.80 BUSD

Total raise: 360,000 USDC (split into multiple pools)*

Standard pool: 180,000 USD

Unlimited pool: 180,000 USD

Whitelist allocation: 40,000 USD

Model: Subscription

Staking Period: October 31, 05:00 UTC — November 16, 05:00 UTC

Purchase Period: November 16, 10:00 UTC — November 17, 10:00 UTC

Claiming Period: November 18, 13:00 UTC

Committed Token: $IDIA

KYC requirements: The sale of tokens is not available to U.S. Persons (as defined by Regulation S under the Securities Act of 1933), Mainland China or to persons located in a sanctioned country as provided by OFAC.

Impossible Finance FAQ: https://impossible.freshdesk.com/en/support/solutions/folders/80000447671
Official Announcement: https://medium.com/impossiblefinance/the-impossible-finance-x-genopets-whitelist-allocation-campaign-3c0a3235768c

Bybit (IEO)

Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multi-lingual community support.

Bybit allocations are determined by the Snapshot Subscription method. If you would like to participate in the GENE token launch on Bybit, you can commit a certain amount of BIT towards the project based on the 5-day daily average BIT balance in your Spot Account and ByFi Account. Your final GENE allocation amount = (the amount of BIT you’ve committed / total amount of BIT committed by all participants) * total amount of GENE allocated for the project. Learn more in their official announcement.

If you have any questions about Bybit, review their FAQ and direct any additional support inquiries to their team.

Tokens Available: 250,000 GENE (0.25% of the total supply), unlocked

Token fixed price: 1 GENE = 0.80 USDT (exchange rate between BIT and GENE will be confirmed prior to the subscription period)

Total raise: 200,000 USDT

Model: Subscription

Allocation for winning ticket: 400 USDC (500 GENE)

Total number of winning tickets: 500

$BIT position snapshot period: November 12, 00:00 UTC — November 16, 11:59 UTC

Subscription period: November 17, 08:00 UTC — November 18, 07:59 UTC

Distribution period: November 18, 08:00 UTC — November 18, 11:59 UTC

GENE/USDT launch date: November 18, 12:00 UTC

Committed token: $BIT

KYC Requirements: The sale of tokens is not available to U.S. Persons (as defined by Regulation S under the Securities Act of 1933), Mainland China or to persons located in a sanctioned country as provided by OFAC.

Bybit FAQhttps://help.bybit.com/hc/en-us/categories/360002654173-Bybit-FAQ-
Official Bybit Announcement: https://blog.bybit.com/post/bybit-genopets-gene–blt82f46606e251e00b/

MEXC (IEO)

MEXC Global is a centralized crypto exchange with vast crypto-related services. The global platform has emerged on the top 10 crypto trading platforms that provide excellent digital-asset trading services in the crypto sphere, including futures, spot, derivatives, and margin trading. It also has other offerings, including an IEO Launchpad, DeFi, and PoS staking options.

If you have any questions about MEXC, review their FAQ and direct any additional support inquiries to their team.

Tokens Available: 250,000 GENE (0.25% of the total supply), unlocked

Token fixed price: 1 GENE = 0.80 USDT

Total raise: 200,000 USDT

Model: Lottery

Allocation for winning ticket: 200 USDT (250 GENE)

Total number of winning tickets: 1,000

$MX position snapshot period: November 11, 16:00 UTC — November 16, 15:59 UTC

Lucky draw period: November 17, 08:00 UTC — November 18, 07:59 UTC

Result announcement date: November 18, 09:00 UTC

Settlement date: November 18, 09:59 UTC

GENE/USDT launch date: November 18, 12:00 UTC

Committed Token: $MX

KYC Requirements: The sale of tokens is not available to U.S. Persons (as defined by Regulation S under the Securities Act of 1933), Mainland China or to persons located in a sanctioned country as provided by OFAC.

MEXC FAQ: https://support.mexc.com/hc/en-001/articles/360043720492-FAQ-for-MEXC-Index-Product
Official MEXC Announcement: https://support.mexc.com/hc/en-001/articles/4409251856665-MEXC-Will-Upgrade-the-Rules-of-Second-Session-of-Launchpad

Multi-chain Support

To support bridging between Binance Smart Chain and Solana we have partnered with Allbridge to facilitate transfers of assets across both chains. Read below for more information on Allbridge and links to their support documentation if you have any questions about using their service.

All Bridge

Allbridge is a blockchain bridge that connects DeFi service providers across different chains. The company provides a simple, modern, and reliable way to transfer assets between different networks by bridging both EVM and non-EVM compatible blockchains which aims to cover L2 solutions and NFT transfers in the future.

Allbridge FAQ: https://docs.allbridge.io/guides/faq
Official Allbridge Announcement: https://allbridge.medium.com/move-and-earn-with-genopets-and-allbridge-6bd542555b19

Tokemonics

Make sure to join our Discord discussion, follow our social media platforms below, and turn on your post notifications so you don’t miss out on the announcement and opportunity of the GENE tokens token launch! Good luck!

About Genopets

Genopets is the first Free-to-Play, Move-to-Earn NFT game that makes it fun and rewarding to live an active lifestyle. Built on Solana, Genopets integrates your daily activity in real life with blockchain Play-to-Earn economics so you can turn your real-life actions into expansive gameplay and earn crypto while doing it.

Join the Genopets Community:

Public Beta Waitlist: https://genopets.me/#connect
Twitter: https://twitter.com/genopets
Discord: https://discord.gg/genopets
Instagram: https://instagram.com/genopets
Facebook: https://www.facebook.com/Genopets.me/
Reddit: https://www.reddit.com/r/genopets/

Source : solana medium

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