Crowdsales
UNRV Crowdsales Breakdown
Last updated
UNRV Crowdsales Breakdown
Last updated
During public Crowdsales, investors will be able to purchase UNRV at discount prior to the public liquidity launch.
THIS IS IMPORTANT
All UNRV from crowdsales will be subject to a time-lock vesting period!
What does that mean and why are we doing this?
A time-lock vesting period is a method for a smart contract to deliver your tokens to your wallet. This means your tokens will be delivered to you on a set schedule after the token's public launch. There are numerous reasons for doing this - both to protect you and unRevealed.
Token launches tend to be subject to heavy price manipulation by investors selling their coins immediately after the public launch. This drives down the price and creates a lot of public uncertainty around a project. We want to not only protect your exchanged value - but also ensure the long-term sustainability of the project you believe in.
We're invested in intertwining UNRV with the unRevealed game's value. By minting and gifting Founder, Governor, and Launch RVLD to buyers we're pre-seating the Governor's Council. Our goal is to populate the unRevealed community of Founder, Governor, and Launch buyers with interested players and long-term community members.
By time-lock vesting the Crowdsales UNRV, the token's in-circulation liquidity is further limited. This allows for the token to gain value while the community spreads and grows naturally allowing further price stability. If and when Crowdsale buyers end up selling any of their UNRV it should have a minimal impact on the token's overall price - while preserving increased value for our buyers.
THIS IS ALSO IMPORTANT
The unRevealed's team tokens are on a time-lock vesting schedule as well - a 36 month vesting period with a 12 month cliff. Our team is not here to deceive or otherwise create any sort of appearance of impropriety. All time-locked vesting smart contracts will be available on our public GitHub. This is described in further detail .
Crowdsale buyers will have their UNRV tokens placed in a standard 4:1 cliff vesting period of 12 months. This divides the UNRV into 12 equal payouts. So there is a 12 month vesting period, with a 3 month cliff.
The vesting period begins at public launch of the token - July 20th, 2022.
Example
If you are owed 1200 tokens in a 12 month vesting period with a 3 month cliff, you would receive payouts of 0/12 of the tokens for the first three months. The fourth month would include the monthly 1/12 + the cliff's 3/12 for a total of 4/12 = 400 tokens. Every month following you would receive 1/12 of the tokens = 100 tokens until the vesting contract expires for a total of 1200 tokens.