PIEXGO – RocketGO is officially launching the 3rd IXO project Laya.FairyLand, the UGC game cloud platform based on Ontology ecosystem. The token sales will be determined by the lottery system.
IXO Period: 20:00, 26 July 2019 – 10:00, 29 July 2019 (UTC+8)
Winner Announcement: 15:00, 29 July 2019 (UTC+8)
Token Release Time: 16:00, 29 July 2019 (UTC+8)
Token Trade Opening Time: 20:00, 29 July 2019 (UTC+8)
Public Chain Token: ONT
Project Token: FLDT
Total Supply: 10 billion
Initial Liquidity: 80,555,556 FLDT
Private Offering Amount: 1 billion FLDT
Private Offering Price: 1 FLDT = 0.0045 ONT (Estimated: 0.0045 USD)
Ratio: 1 ONT : 666 FLDT
Cap: 120,000 ONT
Public Offering Price: 1 FLDT = 0.0015 ONT (Estimated: 0.0015 USD)
One Lottery: 125 ONT
Token Type: ERC20
FairyLand, is an innovative UGC game platform, equivalent to TikTok in the gaming sector. Everyone can make blockchain games without any programming knowledge, as easily as making a powerpoint presentation. Thus, anyone can build a cross-chain platform and connect to other outstanding and solid public chains in order to create real user flow into the blockchain sector. We believe FairyLand will help users build their own games and make own money.
Official website: https://fairyland.one/
1. Lottery Assignment: Users must hold PXG ≥ 10,000 and ONT ≥ 125
Users can choose the number of lotteries when participating in the IXO. Each pre-locked 10,000 PXG and 125 ONT can get one lottery, and each user can get up to 3 lotteries.
After the user clicks on APPLY, the system will automatically assign the lottery to the user and pre-lock the amount of PXG and ONT corresponding to the lotteries. Please ensure that you have deposited enough assets on your account before participating in the IXO.
For each winner, the system automatically converts the user's ONT into the project token FLDT and locks PXG holdings for 7 days.
For example, if the user has won one lottery, PIEXGO will deduct 125 ONT from the user’s account and release FLDT into the user’s account at the ratio of 1: 666. At the same time, 10,000 PXG from the user’s account will be locked for 7 days.
2. Referral Contest
During the IXO period, if an existing IXO participant successfully refers friends to join the IXO token sale, she/he will receive one extra lottery or be guaranteed to win at least one lottery. The total numbers of guaranteed lotteries are limited to 160.
DEADLINE: 09:00, 29 July 2019 (UTC+8)
The number of referrals will be displayed and updated on the IXO page.
- In case the user receives one extra lottery, she/he needs to click on ACTIVATE, then the system will automatically assign the lottery to the user and pre-lock the amount of PXG and ONT.
- In case the user receives one guaranteed lottery, she/he still shall apply for the lottery in order to claim.
3. PXG big holders can get up to 2 lotteries directly
From 00:00:00, 24 July to 23:59:59, 28 July (UTC+8), PIEXGO will snapshot users' PXG holdings randomly, users with the average PXG holdings ≥ 2,000,000 (including PXG Vault, not including locked private offering) can apply for up to 3 lotteries with 1 lottery winning guaranteed; users with the average PXG holdings ≥ 4,000,000 (including PXG Vault, not including locked private offering) can apply for up to 3 lotteries with 2 lotteries guaranteed.
- After the lottery starts, the system will randomly select lottery tail numbers until it draws out 1,400 lottery winners.
- The number of lotteries issued will depend on the actual number of subscriptions for this RocketGo project.
In the example below, 10,000 lotteries were issued for demonstration:
*The first lottery number will start from 100000.
a. If user A has 3 lotteries: 100013, 100014, 100015
Based on the above results, User A has won one lottery: 100013.
In this case, PIEXGO would deduct 125 ONT and lock 10,000 PXG from user A’s account with the locking period of 7 days. At the same time, 1 quota of FLDT would be issued to the user. All the remaining PXG and ONT will be automatically unlocked back to user A’s account.
b. If user B has 3 lotteries: 100012, 100013, and 100014
Based on the above results, User B has won two lotteries: 100012 and 100013.
In this case, PIEXGO would deduct 250 ONT and lock 20,000 PXG from user B’s account with the locking period of 7 days. At the same time, 2 quotas of FLDT would be issued to the user. All the remaining PXG and ONT will be automatically unlocked back to user B’s account.
- The lottery winning chance is completely driven by market demand. The PIEXGO team does not know the winning rate in advance. If the market demand is strong, the winning rate of this project will be lower.
- PIEXGO – RocketGO's IXO model is at relatively higher risk and users are responsible for their own decisions. Before participating in the project, PIEXGO strongly recommends users to conduct in-depth research of the project. If you have doubts, please do not participate. No one forces you to participate in any IXO.
- Digital currency investment is a high-risk investment, and prices can fluctuate tremendously. Please rationally judge all the related risks as well as your investment capacity and make investment decisions cautiously. PIEXGO endeavours to offer high-quality tokens; however, will not be responsible for any guarantees, compensations or outcomes related to investors' activities.
Appreciate your continuous support for PIEXGO. Enjoy trading!
24 July 2019