Since DeFiHorse was announced, it has attracted a lot of attention from the community and racers around the world. With beautiful graphics and unique storyline, DeFiHorse is expected to be the leading horse racing game in the Metaverse. Today, DeFiHorse is pleased to announce that its initial public sale will take place from 1pm 10/3/2022 UTC to 1pm 13/3/2022 UTC with IBCO – Initial Bonding Curve Offering method. This is certainly exciting news for project supporters and racers alike.
- Location: http://ibco.defihorse.com
- Time: 1PM 10/3/2022 UTC to 1PM 13/3/2022 UTC
- Method: IBCO
- Token name: DFH (BSC BEP20)
- Total Proceed: 6.680.000 DFH
DFH Tokenomics
So, what roles DFH Token play in DeFiHorse? The DFH token can be considered as a ticket to enter the DeFiHorse Metaverse which helps to monitor and govern all Play-to-Earn activities such as:
- Buy NFT: Players can use DFH to buy exclusive racehorse NFTs and racecourses. The number of NFTs available for purchase will be proportional to the amount of DFH in circulation.
- Game entry fee: Player pays DFH as a joining fee for all game modes
- In-game Rewards: A portion of the gaming fees collected in each race will be used as a player reward, given to players based on their race performance. A portion of the gameplay fee will also be paid as a dividend to the racetrack owner.
- Staking: Players can stake DFH itself and in return receive additional DFH dividends as well as NFTs.
The total supply of DFH tokens to be minted is 668,000,000 DFH. These tokens will be distributed to the stakeholders in the ecosystem based on different vesting schedules since TGE.
Detail on our official Medium channel: https://defihorse.medium.com/31967aa54b11
Why IBCO?
Although IDO is a popular crowdfunding method in the crypto world, it still has a few disadvantages that worry investors such as: low rates of purchasing chances, lack of clearness in the whitelist system, and high risk rate. To solve these problems, DeFiHorse chose IBCO. IBCO stands for Initial Bonding Curve Offering, just another method of funding for Public Sale, using cryptocurrencies, like ICO or IDO. However, instead of following fixed ICO/IDO prices, IBCO uses a bonding curve as its name. Basically, the concept of Bonding Curve is, the price of tokens depends on its current supply. The more money raised in the Public Sale, the higher the price at that time.
A fair start is crucial to gaining the community’s trust. With that in mind, DeFiHorse, as the leading horse racing game in the Metaverse, will host an IBCO with the following goals:
- Sniper Bot and Bidding Bot resistant
- No pumps and dumps by whales
- Equal and fair market buy-in price
- Open and Transparent
- Grow our community by allowing as many new community members to join as possible. A successful game needs hundreds of thousands of members.
Step-by-step guides will be published soon, so stay tuned for more updates on DeFiHorse’s Public Sale.
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- Youtube: https://www.youtube.com/channel/UCj1S