Cryptocurrency Exchange

The Impossible Finance IDO #10 — Starbots Token Sale!

Dearest Bulls,

Impossible is excited to announce that our ‘GameFi x Upgradeable NFT’ project will be Starbots Game (BOT).

To learn more about Starbots, check out their whitepaper. More details, insights and whitelist activities will be shared over the next few weeks across both Impossible and Starbots channels.

Participate in the IDO via the Impossible Launchpad
Learn how to use the Impossible Launchpad

Subscription Timeline*:

  • KYC Preparation Period: Rolling ongoing basis. Users can submit their information and pass KYC anytime during the entire IDO timeline. Only users that have completed KYC & are from accepted countries will be able to participate in this sale.
  • Staking Period: 08/12/2021 02:00 PM (UTC) to 11/01/2022 10:00 AM (UTC). After completing KYC, stake IDIA into Impossible’s Launchpad staking contract which will record user’s staked IDIA balances. User’s IDIA balance will be captured onchain, and allocation is calculated based on the amount staked and the length of time staked relative to all participating users.
  • Purchase Period: 11/01/2022 02:00 PM (UTC) to 12/01/2022 02:00 PM (UTC). Subscription will open at this time for all eligible users for approximately 24 hours depending on BSC block times. Users may elect to purchase any amount of BOT up to the allocation derived from the staking period.
  • Claiming Period: No earlier than 13/01/2022. Exact timing and details to be confirmed by Starbots closer to the time to sync with other BOT launches. Users will be able to claim their BOT tokens on the Impossible Launchpad.

*Due to variability in block times, the exact timing on the Staking, Purchase and Claim Period are subject to change prior. Please refer to the details on the Impossible Launchpad platform under the respective sales card for the most accurate times.

Starbots Token Sale Details:

  • Token Ticker: BOT
  • Launchpad Public Sale: 475,000 USD(split into multiple pools)*
    Standard pool: 225,000 USD
    Unlimited pool: 225,000 USD
    Whitelist allocation: 25,000 USD
  • Token Vesting
    - 100% distributed on Day 1
  • Total Token Supply: 200,000,000 BOT
  • Day 1 Circulating Market Cap: $1,910,000
  • Tokens Allocated to Impossible Launchpad: 4,750,000 BOT
  • Public Sale Token Price: 1 BOT = 0.1 BUSD
  • Listing Price: TBD
  • Token Sale Format: Staking Subscription
  • Sector: GameFi Sector
  • Supported Staking Tracks: IDIA staking only
  • Learn more via BOT Medium and Whitepaper
  • KYC requirements: Residents from countries or regions such as US, Mainland China, and UN-sanctioned countries are excluded from participating.

Launchpad Pools (Sale cards)
For the Starbots IDO, we will be having 2–3 sale cards to cater to different users:

  • Standard Sale: Stake limit — Users can stake a maximum of 10,000 IDIA tokens at any one time as consideration for allocation. The maximum BOT a user is able to purchase is capped at the user’s allocation which is calculated after the staking period.
  • Unlimited Sale: No stake limit — Users can stake any amount of IDIA at any time as consideration for allocation. The maximum BOT a user is able to purchase is capped at the user’s allocation which is calculated after the staking period.
  • Whitelist Allocation Sales: Users can participate in our upcoming whitelist marketing campaigns and complete community-oriented tasks to stand a chance and win guaranteed BOT allocation. Stay tuned to the Impossible Finance social media channels and for more details!

How to purchase IDIA Tokens

If users do not have IDIA tokens yet for the BOT IDO, you can purchase it via the below venues:

  1. Impossible Swap (Swap Guide)
  2. PancakeSwap
  3. OpenSwap (Optimal way to find the best on-chain swap options)
  4. MXC
  5. Poloniex

Token Allocation Calculation

  • The token sale for BOT will follow the standard Impossible Launchpad staking subscription format whereby users’ stakeWeight is calculated based on the proportional amount of IDIA they stake and the duration they stake relative to the total amount and staking duration of the entire pool, with users’ staked IDIA balances recorded at the start of the stake period.
  • This design is currently selected to ensure that all users can have a proportionate access into the BOT token depending on which pool they enter into. As we develop the Impossible launchpad product offering, we will enable other fair, smart allocation mechanisms which will further decentralize token distribution.

KYC Details

  • KYC Preparation Period: Rolling ongoing basis. We require 100 IDIA or 25 IF tokens to start KYC to prevent bots from spamming our KYC partner. Users can KYC anytime during the entire IDO timeline, but will not be able to stake until their KYC is completed. To maximize the staking utility of users’ IDIA, users have to pass KYC before the staking period begins. In other words:
  • If users pass KYC after the end of the staking period, they will miss the opportunity to participate
  • If users pass KYC during staking period, they will only be able to stake for the remaining staking period and receive a lesser allocation than if they were to start staking from the beginning of the staking period

About Starbots
Starbots is the first-ever playable robot battle NFT game on Solana where players gain profit through strategically assembling their own robots, winning battles, completing missions, and conquering new lands.

BOT is the governance token of Starbots, which is the first-ever playable robot battle NFT game on Solana.
Website | Whitepaper | Medium | Twitter | Telegram | Discord

About Impossible Finance
Impossible Finance is a multi-chain incubator, launchpad, and swap platform led by Ex-Binance & DeFi veterans. It offers a robust product-first ecosystem that supports top-tier blockchain projects to targeted user audiences. With extensive support from key leaders in the crypto industry, Impossible Finance simplifies DeFi for users to enjoy fairer investing, cheaper trading and better yields.
Website | Whitepaper | Medium | Twitter | Telegram

Terms & Conditions:

  • Impossible reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
  • Users need to complete their KYC and also be from an eligible jurisdiction to participate in this token sale.

Exact timing

  • Impossible.Finance makes every effort to ensure that the actual time follows the above planned schedules. However, there is a high chance that there is a discrepancy between these 2 times due to the very nature of blockchains.
  • In smart contracts, each event (e.g. staking) is triggered when a specific block is reached, and with block times entirely dependent on network/infrastructure conditions (some block times can be longer than 30% than the average), it can be challenging to predict the block that corresponds to the exact planned time.
  • When the event is further out into the future, it becomes harder to predict the exact block due to the larger number of unpredictable blocks between now and then. An interesting side effect of this is that the nearer we get to the event, the more certain of the event time we become. And so, the Impossible team has a dynamic frontend that updates the estimated time that corresponds to the specific event block.
  • Again, while the team makes a best attempt to make each event happen at the said planned schedule, reality is still likely to be different. As such, we make our sub-features like calendar reminders scheduled with a 95% confidence that they are early with 2 disclaimers: (i) there is a small chance that the event happens before the reminder, (ii) we ask that you check the main product page for a more accurate event time closer to the planned time.

Show More

Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of coinXmedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Back to top button