On August 26, Star Atlas will hold a public sale IEO on FTX, IDO on both Apollo-X and Raydium launchpad platforms, ushering in the next era of the GameFi revolution. At both IDOs, meta-posters holders will be allocated ATLAS and POLIS tokens first.
What is Star Atlas?
Star Atlas is a next-gen gaming metaverse emerging from the confluence of state of the art blockchain, real-time graphics, multiplayer video game, and decentralized financial technologies.
Real-time graphics technology using Unreal Engine 5’s Nanite allows for cinematic quality video game visuals. Blockchain technology using the Solana protocol established a largely serverless and secured gameplay experience. Non-fungible tokens obtained and traded within Star Atlas creates an economy that replicates the tangibility of real world assets and ownership.
Players participating in the game are divided into three races. Humans rule the MUD territory, Aliens from the ONI area; Robot holds Ustur area. These factions are constantly fighting for resources and conquering territory.
The project is known for its highly anticipated breakthrough blockchain economic model with Play to Earn and DeFi features. At the same time, Star Atlas brings strong confidence to everyone with the upcoming public sale. Assets in this game allow players to trade resources with each other on the Star Atlas metaverse.
Users will use two tokens, Star Atlas (ATLAS) and Star Atlas DAO (POLIS). The expected circulating supply upon the launch is 2,160,000,000 ATLAS and 21,600,000 POLIS.
Breaking: $ATLAS and $POLIS are about to take off!?
The countdown to launching the Star Atlas token sale on @FTX_Official , @RaydiumProtocol & @Apollo_X_ has begun! ?
More information, including on the updated ReBirth meta-poster rewards drop:
?→ https://t.co/1dx2ufGGhX pic.twitter.com/NyP7qtbtks— Star Atlas (@staratlas) August 10, 2021
To ensure that token sales are fair and transparent in eligible jurisdictions worldwide, Star Atlas is launching an Initial exchange offering (IEO) on FTX and an Initial DEX Offering (IDO) on both Apollo-X and Raydium launchpad platforms.
According to the project information, 2% of the total supply of each token will be available on the three platforms. IDO prices are $0.00138 for Star Atlas (ATLAS) and $0.138 for Star Atlas DAO (POLIS) token. The sale offers a $2 million US combined value in both tokens at an equal split 1:1 ratio.
Thus, $1 million was allocated to the FTX IEO, and $500,000 was allocated to Raydium and Apollo-X, equivalent to 720,000,000 ATLAS and 7,200,000 POLIS.
Highlights to know about Star Atlas token sale and how to participate
- Requirements to participate in IEO on FTX
To participate in the IEO event on FTX, you need to complete the referral and meet the platform criteria by 13:00 UTC on August 25, 2021. On August 26, between 13:00 UTC and 14:00 UTC, if you meet the conditions including holding at least 150 FTT tokens, you will be able to bid in the Star Atlas token sale on the platform. The allocations will be raffled off immediately thereafter.
- Register your FTX account and submit KYC level 2. Due to a large inflow of new sign-ups, it’s not guaranteed that your KYC will be approved before the IEO.
- You must have at least 150 FTT staked on FTX to participate in the IEO
- Prepare funds to bid: at least 400 USDT, and at most 500 USDT and 5 FTT/ticket
- Stake FTT to lock in your ticket allotment 24 hours before the IEO
More details on how to join can be found here.
- IDO on Raydium
You need to stake at least 20 RAY on Raydium to be able to participate in IDO. IDO on Raydium uses a ticket-based lottery system for token allocation. Depending on the amount of RAY you stake, you will receive a certain amount of tickets. RAY staking begins to determine your ticket allocation on August 25, 2021.
AcceleRaytor Pools will open on September 1, 2021. You can see stake instructions at Raydium to join IDO here.
Star Atlas NFT badge holders will also be eligible for additional lottery tickets based on the number of badges and meta-posters held by participating users.
- IDO on Apollo-X
To join IDO on Apollo-X, you need to stake PAID token and get whitelisted on the platform. In which, the PAID staking starts from August 20, 2021, to August 29, 2021. On August 30, 2021, at 14:00 UTC, you will be able to enter the whitelist on a first-come-first-serve basis to be eligible for funding. To better understand staking and whitelisting on Apollo-X, watch this tutorial. More information on the IDO is available here.
In addition, nearly $250,000 worth of tokens is reserved for holders of Star Atlas NFT badges. At this time, the maximum stake is 750 PAID to enter this Star Atlas pool as badge holders.
“The total number of tickets will determine the likelihood of allocation up to the maximum size per participant. The number of tickets will be calculated based on the number of tier badges and meta-posters being held. Participants will have access to $5 of additional allocation per ticket held. A ticket Size of $138 will net 100,000 Star Atlas (ATLAS) or 1,000 Star Atlas DAO (POLIS) tokens. A $276 ticket brings 200,000 ATLAS or 2,000 POLIS, and $345 means 250,000 ATLAS or 2,500 POLIS”, the notice clearly stated.
Meta-poster tier rewards
The official meta-poster snapshot on August 25, 2021, at 15:00 UTC, will provide data for additional tickets available to ReBirth and Legends meta-poster holders.
Before snapping, meta-posters must be in your wallet and not be sold on the Galactic Marketplace on StarAtlas.com or other DEX marketplaces. Any meta-poster that is in either an “Open order,” “Unclaimed,” or “Unsettled” status in your inventory or on a DEX Marketplace will not be able to be counted in the snapshot.
Owners of Meta-Poster Tier collections will remain eligible for surprise NFT drops and treats in the future.
Meta-Poster and Badge Bonus Ticket Allocation | Raydium and Apollo-X Pool
And like some other IEOs and IDOs, this token sale is also not available to US users. Please consider before you invest.
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