The Upcoming Public Token SaleThe platform recently announced its plans to launch a public token sale on Uniswap V2. On the market will be its native token, $PSLIP, which has a limited supply of 30 million tokens. The token is built on Ethereum’s blockchain in the form of an ERC-20 token. 30% of the funds raised from the token sale will provide 30% of the initial liquidity required. The tokens’ distribution will be as follows:
- 40% for staking rewards
- 40% for sale and listing
- 5% for advisors
- 5% for marketing
- 5% for development
- 5% for the core team
Participating in Pinkslip FinancePinkslip differentiates from other platforms due to the merging of NFTs, DeFi, and gaming under one roof. It is a part of a new yet promising branch of crypto referred to as GameFi. Moreover, it is offering utility in NFTs, unlike many other projects in the market today. Having all these components up its sleeve presents a bright future for all its potential users. The platform presents users with three types of NFTs to choose from, with different chances of winning. The first is a gold NFT with a 70% chance of winning, a silver NFT with a 50% chance, and lastly, the bronze NFT with a 30% chance. All the categories are available for purchase at an initial price that will increase as time goes by. To participate in a drag race, you need three cars of whichever rank to kick off. Pinkslip exercises randomness during the drag race to eliminate bias, giving everyone an excellent chance to win despite their NFT. A crucial point to note is that you can only buy the NFTs using the $PSLIP token. All token purchases will be divided into 50% going to the staking pool and 50% to research and development.
Earning A Staking PassEarning passive income highly depends on the drag race as that is how to acquire the NFTs required for staking. To get a pass into the staking pool, you need to amass 20 NFTs, which the platform burns into a staking pass. You can withdraw your tokens from the pool at any time. However, the staking pass is a one-time ticket into the staking pool that burns once you withdraw your tokens, hence terminating it. Therefore, you will have to start the drag race again to earn yourself another staking pass. A way to avoid the drag race is buying the staking pass directly; its price will spike over time, similar to the NFTS.
A Bright Future for A Young ProjectPinkslip Finance has a myriad of plans for the future, including revamping the site for extra user entertainment, marketing approaches. Special events, the increased rarity of NFTs, among others. Notwithstanding, on its immediate list is getting incubated by Pincubator. The latter was the host of Pinkslip’s seed sale that ended in under 24 hours. The platform has an active community on Telegram that will keep you up to date with all its upcoming shenanigans. Furthermore, make sure to join Pinkslip’s growing community here.
- CoinxPad Presale to Kick off on September 25th - September 18, 2021
- How Launchpads and Defi Projects Can Use Solidproof’s Auto Audit Tool - September 17, 2021
- Mdex adopts a new IMO mechanism to launch Demeter: empower MDX to be the cradle of quality assets - September 14, 2021
- SAFCOIN makes history as SA’s first cryptocurrency to go global - September 14, 2021
- NFT Host ART HAUS to Open Exclusive Gallery in Days - September 2, 2021