First IDO meets 🏴 NFT ⚽️
After our explosive announcement to build the first IDO marketplace and launchpad aggregator, we wanted to provide an update. In this post we explain how NFTs and IDOs come together on the YOP platform.
So first an update on NFT farming, which is currently running on the MEME platform. You can bet from 88 YOP up to grow pineapples. These can be used to claim YOP-NFTs. The YOP-NFTs were created to take part in a raffle and win exclusive FVCKRENDER-NFTs. Only 36 of these are minted for circulation. At launch, we mentioned that the YOP NFT tickets would have other use cases. Today we want to expand that. Before we get into that, today we’re also announcing that YOP NFTs farming is on the MEME platform ends April 30, 2021. All YOP-NFTs must be claimed by May 18, 2021.
Transition to the function of YOP-NFTs on the IDO marketplace. We work with our partners to bring YOP owners the best projects with an optimized process. There are 3 levels of YOP-NFTs.
Before we outline the YOP NFT levels, let’s explain how the YOP IDO marketplace will work. There have been a lot of questions about how we want to work with our partners and which pools will work together. The first point is that the YOP IDO marketplace should give you access to existing pools just as you would access them through the native platform. This streamlines the token stocks, adds the calendar and allows the customer to participate in a simple and easy to use application from a wallet.
In the next phase above, we offer part of an existing IDO via the YOP IDO aggregator in connection with another platform. We have several plans for making this happen and it will evolve over time. Especially since IDO platforms are switching to structures without permission. From day one, we may not work with every partner on the same level, but we intend to increase these offerings over time and further improve the YOP platform experience.
Finally, we have the YOP Exclusive Pools supported by Pluto Digital Assets that bring incubated projects to the Yield Optimization Pad. Look forward to the first project to hit the market.
The 3 ways to the yield optimization pad
Now for the $ YOP Exclusive Pool Levels. When we announced the Yield Optimization Pad, we realized that you should be using HODL 333-8888 $ YOP. Here you will find details on how each level works and bonus access by holding the YOP NFT.
- $ 333 YOP for basic level. With Base you have the opportunity to win an allocation for the pool. The number of available slots varies from project to project.
- $ 8888 YOP for Prime Tier. Prime gives you a fixed assignment in a project in the YOP Exclusive Pools. The final allotment depends on the total number available and the number of participants.
- Both Base and Prime are mature. You must have kept the tokens for at least 30 days.
We then move on to the bonus levels. There are 3 YOP NFTs: $ YOP 88, yLog 222 and the y platform 888. Holders can take part in YOP Exclusive Pools with every ticket. We outline each stage below:
- $ YOP Token NFT: Allows access to the IDO Allocation Draw.
- yProtocol NFT: Enables access to the fixed IDO assignment.
- yPlatform NFT: Enable access to the fixed IDO assignment + the option to participate in the private sale in exclusive projects.
The Yield Optimization Pad: Use for cakes. With this option, we open a stake-out agreement in which holders have to use YOP tokens in order to receive YOP Exclusive Pool project tokens. You don’t have to output either YOP or ETH here. You simply rely on entitlement. For all YOP holders from $ 888 YOP with a due date, you will receive part of the YOP exclusive pool.
- MEME stakeout ends on April 30, 2021. All YOP-NFTs must be claimed by May 18, 2021.
- HODL 333-8888 $ YOP
- HODL YOP NFTs for access
- Insert for cake: HODL $ 888 YOP
- Incubated projects from Pluto Digital Assets
We believe these variations provide a fairer chance for everyone to participate in the Yield Optimization Pad. We look forward to introducing our platform and introducing the first project to YOP Holders. For those of you who love NFTs, a little hint 🏴 + ⚽️ = NFT 🚀
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