Announcing AssetFi IDO on MaticLaunch — Whitelist Now!
In order to support the physical assets and companies in shifting towards the blockchain world seamlessly, MaticLaunch is excited to introduce the IDO for AssetFi, an innovative platform for unlocking asset ownership for the masses.
AssetFi is on the mission to lift barriers and limitations to global investing and to create inclusive opportunities for everybody. It offers a groundbreaking solution for solving financial exclusion by providing a platform for converting physical assets, NFTs, and companies to tokens for micro-ownership by small investors.
Eventually, AssetFi is an end-to-end asset tokenization and issuance ecosystem, consisting of a set of protocols for enhanced ownership with a user-friendly interface. Instead of conducting private investment rounds, it aims to provide an opportunity in the platform to retail buyers exclusively.
A total of 8 launchpads have joined forces to help and support fundraising for AssetFi, including MatiLaunch. As the IDO is approaching on MaticLaunch, it is time to get you prepared for the exciting $AFI token sale.
AssetFi IDO Timeline
Here are the details to make you prepare fully for the IDO:
- IDO Starts: March 10th, 2022 | 08:30 UTC
- IDO Ends: March 11th, 2022 | 08:30 UTC
- Token for sale: 3,333,333 AFI
- Token type: BEP-20
- Accepted currency: USDT-Polygon (Contract Address)
- Participation method: Staking-based weightage
- Vesting: 30% at TGE, Remaining 70% — 10% monthly linear distribution over 7 months
- Token distribution: March 15th, 2022 | TBA
- Token listing: Pancakeswap: March 15th, 2022; CEX: March 20th, 2022
- $AFI IDO rate: $0.015
How to participate in AssetFi IDO on MaticLaunch?
Using our minimal and easy to interact UI, it is really easy to participate in IDOs through MaticLaunch. If you are still confused, here is the stepwise guide for you.
Requirements:
1. $MTCL Staking
As per our participation method, investors become eligible if they stake $MTCL on MaticLaunch platform. Here are the staking details:
- MTCL staking limits: 750 minimum, No maximum
- Minimum staking duration: *1 day
- Default staking period: As per the staking pools you’ve chosen
- Staking snapshots: March 9th, 2022 by 07:30 UTC
- IDO allocation reveal: March 9th, 2022 | 16:00 UTC
*Stakers must stake $MTCL for 1 day by the time of staking snapshot in order to become eligible for receiving a guaranteed IDO slot.
How to stake $MTCL for AssetFi IDO?
Staked MTCLs will have a default lock period as per the staking pool you’ve chosen. Here’s how you can stake your $MTCL on MaticLaunch:
Step 1: Navigate to MaticLaunch and connect your Metamask wallet.
Step 2: Move to “Staking” from the upper menu and explore IDO Staking section.
Step 3: Enter the MTCL amount you want to be counted for $AFI allocation calculation and tap on Stake.
Step 4: Provide approval on the Metamask pop-up appearing on the screen.
Step 5: Bingo! You’ve successfully staked your desired MTCL balance.
All you need to do is wait till the staking snapshots are taken and your allocation is disclosed.
2. Whitelist
After staking your MTCL tokens on MaticLaunch staking pool, you need to fill out the whitelist form. Whitelist form will also have certain social media tasks to support the project brought on MaticLaunch.
Whitelist Form: https://forms.gle/yRKTc4C3nnEiuzPE8
3. Investment Fund
You will be able to purchase $AFI tokens with USDT-Polygon only. Verify the contract here:
USDT-Polygon: 0xc2132D05D31c914a87C6611C10748AEb04B58e8F (QuickSwap Pair)
You can directly swap USDT from MATIC using DEXes like QuickSwap, Dfyn. Or, you can also get it from CEXes like Gate.io, MEXC, Huobi, etc.
$AFI IDO — How to contribute through MaticLaunch?
Investing in IDOs on MaticLaunch is really easy because of the super-easy user interface. Everything can be done from a single page, making your investment process convenient. Before we get into the stepwise process, let’s explore investment pools and their duration first.
AssetFi Investment Pools:
✦ Round 1 (Guaranteed for whitelisted stakers)
- Opens: March 10th, 2022 | 08:30 UTC
- Duration: 6 hours
If round 1 doesn’t fill the entire $50,000 USDT allocation or pool time expires, it’ll move towards round 2.
✦ Round 2 (FCFS for Stakers)
- Opens: March 10th, 2022 | 14:30 UTC
- Duration: 4 hours
- Allocation cap: 100, 2000 USDT (Min, Max)
If round 2 doesn’t fill the entire $50,000 USDT allocation or pool time expires, it’ll move towards round 3.
✦ Round 3 (FCFS for Everyone)
- Opens: March 10th, 2022 | 18:30 UTC
- Duration: 14 hours
- Allocation cap: 100, 2000 USDT (Min, Max)
MaticLaunch endorse a combined allocation cap to fairly distribute IDO allocations among investors. Meaning, one will be able to invest up to the maximum allocation cap regardless of participation in multiple rounds.
Here’s how you can contribute to $AFI IDO:
Step 1: Go to maticlaunch.org.
Step 2: Connect your Metamask wallet with Polygon chain selected and navigate to “Pools” section from the menu bar.
Step 3: Identify and click on AssetFi pool from the list of pools.
Step 4: At IDO allocation reveal time, you will see your $AFI allocation.
Step 5: Enter your desired investment amount from your maximum allocation and the corresponding $AFI token amount will be automatically fetched.
Step 6: Click on the “BUY” button and a Metamask pop-up will appear. Confirm the transaction there. (You will only be able to follow this step if you would have entered a contribution amount between your allocation limits)
We anticipate your arrival on IDO day and you’re welcome. Stay tuned with our social media channels for the latest IDO news on MaticLaunch.
How to claim purchased $AFI tokens after IDO?
All $AFI investors will be able to claim purchased tokens to their contribution addresses — according to the above-mentioned vesting schedule. If you have successfully purchased $AFI tokens, here’s how you can claim your $AFI tokens:
- Add BSC chain to your Web 3.0 wallet. [Follow this guide]
- Add $AFI token contract address: 0x7d55d94da49e030964330ef6af62aa5e4aa1c458
- Go to $AFI claiming portal: https://claim.maticlaunch.org/assetfi
- Connect your Web 3.0 wallet you had used to purchase $AFI through MaticLaunch. Make sure you’ve enough BNB for the transaction.
- Click on Claim button, sign the transaction and available $AFI tokens as per the vesting schedule will get arrived in your wallet.
That’s it. You will be able to trade your claimed token via Pancakeswap on the 15th of March.
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