Announcing SolChicks IDO on MaticLaunch — Whitelist Now!

MaticLaunch
4 min readNov 22, 2021

After mere 2 weeks of launching MaticLaunch IDO platform, audited by EtherAuthority, here we are, announcing another promising SolChiks IDO on MaticLaunch. It is time to communicate the last bits for our next IDO for $CHIKS.

SolChicks is the fastest-growing play-2-earn game built on the Solana blockchain. It allows you to discover rare collectibles and be rewarded for your playtime through a detailed, integrated ecosystem, all while taking advantage of the power of decentralized ownership that cryptocurrency brings.

The visionary SolChiks team has extensive partnerships with leading blockchain institutions and a record number of investors ensuring broad scale and reach. They include Master Ventures, GD10 Ventures, LD Capital, Solar Eco Fund, R-930 Capital, Kangaroo Capital, Baboob VC, SKYX Fund, X99 Ventures, Dreamboat Capital, Bluewheel and more than 100 other VCs.

Along with MaticLaunch, SolChiks is hosting an initial DEX offering (IDO) on multiple launchpad platforms including but not limited to NFTPad, TruePNL, MetaPlay, CyberFi, CoinxPad, Lightning Protocol, Game Station, Solster and more.

Here are the complete details of the upcoming SolChiks IDO on MaticLaunch. All you need to do for now is get your $MTCL ready!

SolChicks IDO Timeline

Here are the details to make you prepare fully for the IDO:

  • IDO Starts: November 25th, 2021 | 08:30 UTC
  • IDO Ends: November 26th, 2021 | 08:30 UTC
  • Token for sale: 1,500,000 CHICKS
  • Accepted currency: USDT-Polygon (Contract Address)
  • Participation method: Staking-based weightage
  • Vesting: 25% at the exchange listing. 75% monthly linear release for the next 3 months
  • Token distribution: December 6th, 2021 | TBA (Airdropped by SolChicks Team)
  • Token listing: Raydium— December 6th, 2021 | TBA
  • $CHICKS liquidity rate: $0.05

How to participate in SolChicks IDO on MaticLaunch?

Using our 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 the SolChicks IDO participation method, investors become eligible if they stake MTCL on MaticLaunch platform. Here are the staking details:

  • Staking pool opens: November 22nd, 2021 | 07:30 UTC
  • MTCL staking limits: 500 minimum, No maximum
  • Staking snapshots: November 24th, 2021 by 07:30 UTC
  • Default staking period: 30 days
  • IDO allocation reveal: November 24th, 2021 | 16:00 UTC

How to stake $MTCL for SolChicks IDO?

MTCLs staked under IDO Staking pools will have a default lock period of 30 days. However, existing stakers with MTCL staking in IDO pool will automatically be eligible for $CHICKS IDO allocation, making their staking period extended to 30 days from their last staking date.

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 CHICKS 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 the whitelist form. Whitelist form will also have certain social media tasks to support the project brought on Maticlaunch.

Gold/Silver staking pool stacker must unstake their $MTCL tokens from gold/silver pools and stake $MTCL on the IDO staking pool to take part in SolChicks IDO. Don’t forget to fill out the whitelist form as well.

Whitelist Form: https://forms.gle/5gRaEhW4iQNgGjsQ8

3. Investment Fund

You will be able to purchase $CHICKS 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.

SolChicks 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.

SolChicks Investment Pool:

Round 1 (For MTCL Stakers)
- Opens: November 25th, 2021 | 08:30 UTC
- Duration: 6 hours

If round 1 doesn’t fill the entire $75,000 USDT allocation, it will be opened for everyone.

Round 2 (FCFS for Everyone)
- Opens November 25th, 2021 | 14:30 UTC
- Duration: 18 hours

Here’s how you can contribute to SolChikcs 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: Identity and click on SolChicks IDO pool from the list of pools.

Step 4: At IDO allocation reveal time, you will be see Whitelisted status.

Step 5: Enter your desired investment amount from your maximum allocation and the corresponding CHICKS 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)

Step 7: Enter your Solana address in the field that will appear on the investment pool page after you successfully invest in SolChick IDO on MaticLaunch.

Stay tuned with our social media channels for the latest IDO news on MaticLaunch.

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MaticLaunch

A fully decentralized fundraising platform for the next generation of ideas built on Polygon.