IVO in $RAC
Completely subvert the traditional model in Raccoon network
IVO means initial victors offering. Similar to the IDO in other projects, IVO provides an opportunity for you to buy $RAC from the market. We believe all members in our community of Raccoon Network are victors, so they could join this IVO based on our consensus.
There is no limitation in the IVO process. As you may concern that the great idea the project has, the more cheated action will happen, so the whitelist is hard to balance benefits between the users and platforms.
We make a decision to allow users to participate in IVO without limitations, so everyone could buy $RAC. It's true faith in the real metaverse.
Assuming that the number of $RAC issued by IVO is X, the number of $RAC added for the first time is 0.35X, the number of RACs used for marketing budget and airdrops is 0.01X, the number of RACs used for IVO referral rewards is 0.08X, and the total supply of $RAC is X*1.44.
There are some rules below:
- 1.There is no limit to the amount of IVO, but the time limit is 10 days, and the initial price is 0.00000001 USDT. Participate in IVOs through the RAC official website
- 2.The quota for a single address is fixed at 100U (purchase at most)
- 3.To participate in IVO, you need to fill in the address first to confirm the referral relationship. The address should be verified.
- Q: What is the verified address? How to get a verified address?
- A: The first batch of verified addresses is the address that has Freedom DAO NFTs(Only Freedom DAO NFTs is acceptable)
- Your address will be verified if you have finished the IVO with your address successfully.
You could also get rewards from the IVO process.
- 1.You will be rewarded 5% tokens of the amount of IVO that the invitee purchase if you invite him directly, or you could get 3% tokens of the amount of IVO that the user purchases if your invitee invites the people.
Eg: You invited me, and I invited him after you invited me successfully. If I purchased 100 $RAC in the IVO, then you could get 5 $RAC automatically from the contract. And if he purchased 100 $RAC, you could get # $RAC as a so-called "Level2" referral.
- 1.You could get 1 NFT as the reward if you invite 10 users to participate in IVO. You could get 1 NFT per 10 valid referrals. No limit in this process, for instance, you may get 10 NFTs if you get 100 valid referrals.
- 2.70% of the funds raised by IVO will be added to LP and locked for 1 year (35% of which are added for the first time, and 35% are purchased in the secondary market)
- 3.After $RAC is launched on PancakeSwap, you can go to the official website to receive the unlocked $RAC
- 4.We really thank Freedom Fund who supporting us in system design, they invested 1,000,000 USDT to support the Raccoon Network, and at the same time gain $RAC tokens with IVO price. But it's noted that the $RAC will be released linearly within 100 days.