Binance Smart Chain
Project details
October 9 update – The DAOStarter IDO was moved here.
Token presale on BSC, for an NFT platform with formable DAOs.
DETAILS
- Presale Details
- Public IDO will be held on DAOStarter
- IDO price: $0.4
- Listing price: TBA
- Minimum allocation: 100 USDT
- Maximum allocation: 3,000 USDT
- Hard cap: $50,000
- Initial circulating market cap: $620,000
- Vesting: 20% at TGE, then 10% released quarterly
- IDO also held/planned on Blokpad, MoonStarter, BinStarter, Paid Network, Bullperks, Games Pad, EnjinStarter, KDG, Poolz
- Taxes: 0%
- Token is scheduled to be listed on PancakeSwap on Oct. 13
- Token Sale Rounds
- Pre-seed price: $0.024
- Vesting: 10% at TGE, then 15% quarterly
- Seed price: $0.028
- Vesting: 10% at TGE, then 15% quarterly
- Strategic sale price: $0.032
- Vesting: 15% at TGE, then 21.5% quarterly
- Pre-seed price: $0.024
- Features
- Platform for creating, minting, and auctioning NFTs combining fragmented art and DAO structures
- Auctions of art from high-end celebrities, event organizers, and entertainment industry players
- Users on the Fragmint platform will be able to earn special NFTs, get airdrops as well as propose and vote on art that will be auctioned off on the platform
- Voting is gamified as each user with a winning vote gains a unique NFT in addition to the current drop
- The auction winners will be able to decide whether to form a DAO or can also sell the NFT’s amongst themselves
- $FRAG token – deflationary (burnt upon DAO creation, voting)
- Token utility: staking, purchasing participation in DAOs, DAOs votes
- $FRAG token holders will be able to unlock certain parts of the platform by holding a certain number
- 1% of secondary sale of Fragmented NFTs goes to the development pool, used to cover expenses for the platform development and maintenance
- Fragmint NFTs (coming soon) provides access to the platform’s premium features, access to closed premium auctions for high-end celebrity drops, $FRAG token bonus, early access to $FRAG staking, and other benefits
- Tokenomics
- Token symbol: $FRAG
- Total supply: 990,000,000
- 5% — Pre-seed (10% at TGE, then 15% quarterly – price: $0.024)
- 5% — Seed (10% at TGE, then 15% quarterly – price: $0.028)
- 5% — Strategic sale (15% at TGE, then 21.5% quarterly – price: $0.032)
- 5% — Public sale (40% at TGE, then 10% quarterly – price: $0.04)
- 30% — Community, Airdrops, Marketing (12 months cliff, then 10% quarterly)
- 15% — Development Fund (12 months cliff, then 10% quarterly)
- 12% — Listing & Liquidity
- 10% — Team (12 months cliff, 3 years linear vesting)
- 6.25% — Reserve (12 months cliff, then 10% quarterly)
- 5% — Advisors (10% at TGE, then 30% quarterly)
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