PlayZap's $PZP IDO Pool Kicks Off
According to a recent announcement, the initial DEX offering (IDO) pool for PlayZap's $PZP token has started. The IDO pool is divided into two phases. Phase 1, which began at 11:00 UTC and ended at 12:00 UTC, was open to Red Kite members with guaranteed token allocations. Phase 2, which took place from 12:00 UTC to 12:30 UTC, allowed whitelisters to purchase $PZP tokens on a first-come, first-served basis. The link to participate in the IDO pool was provided as https://redkitepad.com/#/buy-token/203.
$PZP Community Pool Launch
Following the IDO pool, the $PZP Community pool began at 12:30 UTC and lasted until 13:00 UTC. Unlike the IDO pool, the Community pool did not require any rank, whitelist application, or KYC for participation. Interested parties could join the pool via the link https://redkitepad.com/#/buy-token/204.
PlayZap Games IDO on Red Kite: Key Details
As the PlayZap Games IDO on Red Kite approached, a review of the schedule and pool details was provided. The IDO pool consisted of two phases: Phase 1 (Guaranteed allocation) from 11:00 UTC to 12:00 UTC, and Phase 2 (FCFS) from 12:00 UTC to 12:30 UTC. The Community pool took place from 12:30 UTC to 13:00 UTC.
Further information about the pools included:
- Price per token: $0.12 per $PZP
- Network: BSC
- Accepted currency for buying: BUSD
- Vesting schedule: 20% TGE, cliff 1 month, later linear vesting over 6 months
- Restricted countries: United States of America, China, Hong Kong, and all sanctioned OFAC countries (DR Congo, Iran, Myanmar, Sudan, Iraq, Ivory Coast, North Korea, Syria, Zimbabwe, Cuba, Belarus, Liberia)
- Token allocation: $190,000 for IDO pool; $10,000 for Community pool
For more information about Red Kite and their offerings, visit their website, follow them on Twitter, or join their Telegram global group.