Singapore, April 22, 2022 — MojitoSwap, the largest decentralized exchange (DEX) on KuCoin Community Chain (KCC), has announced its newest initial DEX Offering (IDO) — Pikaster.
Pikastar is a card battle game featuring Pikaster nonfungible tokens (NFTs) and is the first GameFi project created by Metaland, based on KCC, Polygon, and BNB Smart Chain.
Unlike the previous IDO, this IDO will need the MojitoSwap (MJT) token to participate. The IDO will be conducted in two sale rounds: limited and unlimited.
Users who participate in the limited sale will need to be whitelisted, and it has an individual hard cap for each participant. Each address can contribute MJT with a maximum value of $100, but the final allocation will be distributed according to weight.
There is no individual hard cap set in the unlimited sale, and users do not need to get whitelisted as everyone can participate. The final amount of Pikaster (MLS) received in this round will be determined by the proportion of the total MJT contributed by users.
The price of MLS during the IDO is $0.1 with 500,000 MLS available for purchase, and a total fund to be raised of $50,000.
What is Pikaster？
Pikaster is a community-driven metaverse created by Metaland, aiming to create diverse scenarios such as various games, social, entertainment, sports and more to allow players to participate in and manage the ecology together and earn great financial rewards through new experiences.
Pikaster was founded in 2021 by a team with previous core members from Blizzard and Supercell.
It is worth mentioning that Pikaster has obtained strategic investment from KuCoin Ventures and has become KuCoin’s first initial game offering project, achieving excellent NFT sales performance. After the Pikaster NFT IGO sale ended, Pikaster NFTs were listed on MojitoSwap’s NFT marketplace and achieved excellent transaction volume.
Gloria, chief media officer of MojitoSwap, said, “The cooperation with Pikaster has been carried out a long time ago. Unlike other projects, Pikaster has a certain popularity in the community, which makes us feel very confident with this IDO. What makes us happy is that more and more excellent projects have appeared on KCC, and we look forward to a more prosperous KCC ecosystem in the future.”
For more IDO details, visit the MojitoSwap app: mojitoswap.finance.
MojitoSwap is a DEX running on KCC with an automated market maker mechanism. It provides all-in-one solutions for on-chain assets with swapping, farming, pools, a launchpad, NFTs and other functions.
MojitoSwap aims to provide users with an efficient and low-cost token exchange. At the same time, users can have their token value added while using MojitoSwap. It also provides a safe, easy-to-use, high-liquidity and basic decentralized finance protocol for KCC developers.