Polygon Chain
Project details
Token launch for a metaverse social gaming and live events platform on Polygon.
The exact time for this event has not been announced, only that it is scheduled for November 30. This time is a placeholder.
DETAILS
- Launch Details
- Token will be listed on Uniswap, Gate.io, MEXC
- Listing price: TBA
- IDO price: $0.004
- Vesting: 20% at TGE, then 6 months linear vesting
- IDO held on DAOStarter, EnjinStarter, TrustPad, Spores Network, Gate.io
- Initial circulating market cap: $640,000
- Initial liquidity: unknown
- Taxes: 0%
- Tokenomics
- Token symbol: VRJAM
- Total supply: 1,000,000,000
- 10% — Seed (5% at TGE, 6 months cliff, then 24 months linear vesting – price: $0.02)
- 0.8% — Seed A (5% at TGE, then 6 months linear vesting – price: $0.03)
- 1.4% — Seed B (5% at TGE, then 6 months linear vesting – price: $0.035)
- 2.5% — Public sale/IDO (20% at TGE, then 6 months linear vesting – price: $0.04)
- 30% — Play to earn rewards (60 months linear vesting)
- 20% — Community staking rewards (60 months linear vesting)
- 15% — Development & marketing fund (60 months linear vesting)
- 8% — Team (12 months cliff, then 24 months linear vesting)
- 5% — VRLIFE, Charitable fund (24 months linear vesting)
- 2% — Advisors (12 months cliff, then 18 months linear vesting)
- 2% — Exchange liquidity (50% at TGE)
- 2% — VRJAM platform liquidity
- 0.5% — Content creator guild fees (3 months cliff, then 21 months linear vesting)
- 0.74% — Content creator guild fees reserve (18 months quarterly vesting)
- Mechanics & Features
- VRJAM is a multiverse virtual reality platform able to provide real-time live virtual events and concerts
- VRJAM launched on November 2 and is available for anyone to access via PC
- It is Meta (Oculus) Quest 2 compatible to interact with people worldwide
- Users can create & customise an avatar, navigate and interact with other users in virtual meet ups & events, or join creator guild of gamers, influencers and DJs/Artists
- VRJAM features include;
- Integrated NFT marketplace to purchase items such as NFT tickets, experience NFT, location NFT, and avatar NFT
- NFT Land where players can construct content “Venue” on through DAO application and approval
- Avatar system in which users can upload a selfie photo to create an instant avatar of themselves with real-time motion capture solutions
- Live event and streaming with live content management system where creators can control an array of real-time content to provide an un-match user experience
- $VRJAM is utility token
- Token utility – facilitate trade and value exchange inside VRJAM’s virtual world; e.g. minting & trading avatar skins, buying & selling tickets and fan experiences, renting venues and equipment, advertising, paying artists to perform, tipping artists, player rewards
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