PAID Network Presents the Participation Guide for the Crowdfunding of MYSTiC GAMES on Ignition
Crowdfunding Goal: $250,000
Type of Crowdfunder: Private Round
Token Ticker: $V
Token Price: $0.0225
Raising On: Polygon
Raising In: $USDC
Gas Fees In: MATIC
Vesting Schedule: 15% at token launch, 3 months cliff, linear distribution for 15 months
EarlyPool: June 4th, 2024 at 11am UTC
KYC: Mandatory for all participants who invest more than $1,000
Hi PAID Community! The moment you’ve all been waiting for is here!
MYSTiC GAMES is coming to Ignition v2, and we are thrilled to introduce our participation guide to get you ready!
Here’s what you need to know:
Following the successful crowdfunding opportunities of other major projects like Aether Games, Metropolis, Umoja and Common Wealth, MYSTiC GAMES will adhere to the same procedures detailed in our Wiki. The MYSTiC GAMES crowdfunder will include one distinct participation pool: the exclusive EarlyPool (open only to $PAID token stakers).
To participate, one must have an active Ignition account. If you still need to create one, we recommend setting one up in advance before the start date and linking your wallet beforehand (on MetaMask, for example) to ensure everything is working.
Please Note: For those planning to invest over $1,000 in MYSTiC GAMES, you must ensure you completed KYC at least 24 hours before the official start to participate.
How to Join the MYSTiC GAMES EarlyPool
Our EarlyPool will open for 24 hours and will be exclusively available to those who stake at least 75,000 $PAID tokens (including a 2% staking fee, totaling 76,500 $PAID). This must be arranged at least 25 hours before opening, and your PAID tokens must remain staked throughout the MYSTiC GAMES Crowdfunding.
Allocation Guarantees: Your allocation in MYSTiC GAMES will be based on the total funds in the EarlyPool divided by the number of participants staking 75k $PAID..
Join the EarlyPool:
- Date: June 4
- Open Time: 11am UTC
- Size: $250,000
- Close Time: 24 hours
Step-by-Step Guide to Participate:
- Log into Your Ignition Account: Ensure your KYC is complete (if investing more than $1,000 in $V tokens) and your wallet is linked. Be sure to connect to the correct blockchain, as the crowdfunding event for MYSTiC GAMES will be hosted on Polygon.
- Access the EarlyPool: To participate, click on the “Join Pool” button.
- Confirm Your Contribution: A pop-up will prompt you to verify the USDC you plan to contribute. Remember that a 15% Ignition Fuel will later be deducted from your contribution.
- Finalise Your Contribution: Input the amount you wish to contribute, accept the terms and conditions, and click on ‘Join Pool’.
- Transaction Verification: Your wallet, such as MetaMask, will ask for your confirmation to proceed with the transaction.
- Check Your Transaction: Monitor your transaction on Polygon. Be aware of potential delays due to network congestion. You have the option to accelerate your transaction within the first 24 hours after the Pool opens.
- Review Your Contribution: Once your transaction is confirmed, you will be able to see your total contribution and the tokens you have acquired.
- EarlyPool duration: The Early Pool will close 24 hours after it opens.
- Post-Crowdfunding Steps: After the Crowdfunding and Token Generation Event (TGE), you can visit the Vesting Portal to view details about your tokens.
- Need More Help? Check our FAQ section or contact customer support for further assistance.
About MYSTiC GAMES
MYSTiC GAMES is a pioneering game development company dedicated to integrating Web3 technology into immersive and innovative gaming experiences. Based in Berlin and Stockholm, MYSTiC GAMES is poised to revolutionise the gaming industry by leveraging blockchain technology to enhance player ownership and engagement.
Call of the VoYd, the company’s flagship game, is a free-to-play Roguelite ARPG available on both iOS and Android platforms. This game exemplifies MYSTiC GAMES’ commitment to delivering high-quality, engaging content that combines traditional gaming elements with the latest advancements in Web3 technology.
MYSTiC GAMES aims to transform the gaming landscape by allowing players to own, trade, and sell their in-game assets, thereby creating a unique value proposition that sets it apart from traditional game developers. This player-centric approach not only enhances the gaming experience but also provides real-world value to digital assets, putting players in control of their virtual economies.
The company has successfully raised $1.3 million in a pre-seed round led by Shima Capital, with additional participation from esteemed investors such as 7x Ventures, 32Bit, TA Ventures, and Joe Mahon (Substreight). This financial backing underscores the confidence that the investment community has in MYSTiC GAMES’ vision and potential.
MYSTiC GAMES is led by industry veterans Matt Buxton (formerly of Rovio) and Jakob Braunisch (formerly of Voodoo). Their extensive experience and proven track record in the gaming industry equip them to guide MYSTiC GAMES towards becoming a leader in the integration of blockchain technology in gaming. With their leadership, MYSTiC GAMES is set to redefine what is possible in the gaming world, combining innovative gameplay with the transformative potential of Web3 technology.
Stay connected with MYSTiC GAMES:
Website l Twitter (X) l Ignition Portal
About PAID Network and Ignition
Ignition is PAID Network’s Crowdfunding Platform, where our mission is to connect highly vetted founders with brilliant ideas for curated projects and offerings with crowd-sourced funding and best-in-class incubation tools and advisors to bring the vision of founders and creators to fruition for the benefit of all.
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