$KIDEN IDO LAUNCH - EVERYTHING YOU NEED TO KNOW
We are excited to announce the launch of the $KIDEN IDO, the official token of the RoboKiden ecosystem, starting on September 30th. If you are a fan of RoboKiden and are looking for an opportunity to participate in the game’s economy and enhance your gaming experience, this is your chance to obtain $KIDEN and be part of something big.
What is $KIDEN?
$KIDEN is the core token within the RoboKiden ecosystem, functioning as a hard currency that empowers players to access various in-game features and enhancements. With $KIDEN, players can purchase lootboxes containing NFTs of varying rarities and categories, which they can use in battles to earn rewards in the form of $KIDEN. Additionally, players can use $KIDEN to acquire NFTs directly from the marketplace, allowing them to expand their collection and strengthen their arsenal.
$KIDEN not only serves as a tool to acquire powerful in-game assets but also plays a crucial role in the game's economy. It offers players strategic depth and exciting opportunities for progression and customization, enriching their gameplay with valuable and dynamic assets.
Key $KIDEN Features
- In-game Progression: Upgrade your weapons, skills, and bots, and unlock new capabilities like emotes, kill bands, and more.
- Earn Free NFTs: Complete daily quests and advance through the season pass to earn $KIDEN and unique skins.
- NFT Store: Purchase NFTs directly from the in-game store, equip them, and use your assets to farm $KIDEN while playing.
- Deflationary Mechanism: In every game, 2.5% of the $KIDEN tokens in circulation are burned, helping to maintain a balanced token economy.
Requirements to Participate in the IDO
To participate in the $KIDEN IDO, you will need to hold a role within Elixir Games. The available roles are:
Each role provides different levels of access and benefits within the Elixir Games platform.
Previous to the IDO
Each user will need to create an Elixir account and go to our KYC process.
Round 1 - Tier Holders Round - Guaranteed
Available for allocation: 300,000 USD
In the Tier holders round, the user must have a verified account (completed KYC) and must attain the minimum staking tier. Tier allocation will be distributed to guarantee each tier the corresponding amount of tokens based on the tier pool weigh:
A snapshot will be taken 1h before the round opens, the Base Allocation Slots is determined by adding the number of participants on each tier and the corresponding pool weight:
Lets imagine we have 100 Planktons, 30 Shrimps, 20 Dolphins, 10 Sharks and 5 Whales.
Base Allocation Slots: (100 * 2) + (30 * 5.5) + (20 * 14) + (10 * 40) + (5 * 150) = 1795
We obtain now the Base Allocation diving by the total of tokens available in that Round, lets say 1,000,000 $KIDEN:
Base Allocation: 1,000,000 / 1795 = 557.103
Now we can obtain the maximum allocation by tier
- Plankton: 2 * 557.103 = 1,114.206 $KIDEN
- Shrimp: 5.5 * 557.103 = 3,064.067 $KIDEN
- Dolphin: 14 * 557.103 = 7,799.442 $KIDEN
- Shark: 40 * 557.103 = 22,284.12 $KIDEN
- Whale: 150 * 557.103 = 83,565.45 $KIDEN
Please note these calculations are theoretical and do NOT reflect the final allocations by tier, since the tier allocations will depend on the snapshot result.
Round 2 - NFT Holders Round
Available for allocation: Remaining from previous rounds
Once Round 1 is finished, the remaining amount will be allocated among the Elixir Flask NFT Holders. Each NFT will be granted with a minimum participation and maximum allocation.There are a few things to take into account in this round:
- NFTs will need to be held in a LINKED wallet or the Elixir Wallet
- NFTs can be staked to obtain more allocation
- NFTs will be burned after participation
- Burn your NFTs to use in a launchpad IDO for a fixed amount (GDT). The more features, the better the fixed amount.
- Without Traits: 50-100
- One Trait : 100-175
- Two Traits: 175-500
Round 3 - Tier Holders Round
Available for allocation: Remaining from previous rounds
If there are unsold tokens, the next round will be a First Come First Serve style of round where each tier allocation will be multiplied by a factor (usually by a x3 or x5). In this round allocations are not guaranteed.
Round 4 - Public
Available for allocation: Remaining from previous rounds
Finally a Public round will take place, here all the remaining allocation will be opened for all users with an Elixir account and KYC approved. This round will have a minimum ticket amount and maximum allocation, common between all users.
$KIDEN Tokenomics
The $KIDEN token will be distributed as follows:
Join and Enhance Your RoboKiden Experience
The IDO launch is a fantastic opportunity to become part of the RoboKiden ecosystem, where you can leverage the power of $KIDEN to boost your gameplay, acquire unique assets, and actively participate in the game’s economy.
Stay tuned and keep an eye on the official IDO link! https://elixir.games/launchpad/kiden