Updates to $ELIX IDO in Elixir Launchpad for NFT Holders

News May 25, 2024

Dear NFT Holders,

Your support is truly important to us, and we've listened to your feedback regarding the total allocation and terms for the NFT round in the $ELIX IDO. We're excited to announce the following updates:

1. Increased Total Allocation:

The NFT Round total allocation has been increased to $350,000 from $250,000.

IDO Round Increased from 250k to 350k for NFT Holders
IDO Round Increased from 250k to 350k for NFT Holders

2. Guaranteed Allocation Window from May 28 2pm CET - 8pm CET:

The NFT Round will now start with a guaranteed window from May 28, 2pm CET - 8pm CET. Each NFT will grant a maximum allocation of $350, lasting for 6 hours.

After the guaranteed window, the NFT round will switch to a first-come, first-served model, with each NFT allowing for a $1,000 maximum allocation as initially planned and also 3 NFTs per participant.

Guaranteed Round for NFT Holders
Guaranteed Round for NFT Holders

3. Maximum NFT Allocation per Participant:

During the guaranteed round, there will not be a maximum allocation of NFTs per participant. After the guaranteed window, the NFT round will switch to a first-come, first-served model, with each NFT allowing for a $1,000 maximum allocation, and a limit of 3 NFTs per participant.

For the guaranteed round, the NFTs used by one participant cannot be reused by another participant. However, those NFTs can be used by another participant in the remaining 18 hours of the NFT round.

Detailed Overview:

Increased Total Allocation:

We understand the demand and value our community places on the $ELIX token. By increasing the total allocation to $350,000, we aim to provide more opportunities for our NFT holders to participate meaningfully in the IDO.

Guaranteed Allocation Window:

The introduction of a guaranteed allocation window addresses concerns about the fairness and accessibility of the IDO. Each NFT will grant a maximum allocation of $350 during this 6-hour window. This measure ensures that all NFT holders have an equal opportunity to secure $ELIX tokens without the pressure of an immediate FCFS rush. This way, we better balance fairness with flexibility, catering to both cautious and aggressive participants.

Upcoming NFT Utility for Flasks holders
Upcoming NFT Utility for Flasks holders

Future Utilities:

We value you Flask holders. Our commitment to delivering value doesn't end with the IDO. We are devoted to building a big ecosystem and a one-stop platform for all gaming needs, and with every new development, we have you in mind. However, we would like to take the chance to announce two exciting future utilities for NFT holders:

$ELIX Airdrop: As a thank you for your unwavering support, all NFT holders will receive an airdrop of $ELIX tokens. This initiative not only rewards our loyal community but also integrates them further into the Elixir ecosystem.

Soulbound Token: Participants in this IDO will receive a unique Soulbound token. This token symbolizes your involvement and grants you additional future benefits within our ecosystem. These benefits are designed to enhance your experience and provide ongoing value, ensuring that your support today translates into long-term rewards.

Join us on this exciting journey and be part of the Elixir Games revolution!

Tags

Great! You've successfully subscribed.
Great! Next, complete checkout for full access.
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.