New Version of #M2E Project will implement IDO on BSCStation launchpad on 25th July: DRIVEZ

Launching on the BSCStation Launchpad gives DRIVEZ access to valuable resources to jump-start the roll-out of their products. 

For the  IDO on BSCStation, there will be a fixed allocation of 7,142,857 tokens for purchase on BSCStation Launchpad exclusively for BSCS token holders at a fixed price of $0.028 per token. 

1. IDO details

● IDO launch date: 25th July, 2022

● Ticker: DRIV

● Total supply: 1,000,000,000

● Initial Market cap: $338,800

● Price per DRIV: $0.028

● Total Raise on BSCStation Launchpad: $200,000

● Swap currency: BUSD

● Vesting time: 20% at TGE, then monthly linear vesting over 4 months

*Note: Users need to stake at least 15,000 BSCS or BSCS LP via

https://stake.bscstation.finance/#/ido-pools

or

https://bscstation.finance/#/stakepool

for IDO Guaranteed Allocation. BSCStation uses a tier model that requires users to stake at least 15,000 BSCS tokens or a required number of BSCS-BUSD/BSCS-BNB LP tokens to participate in an IDO. The details as follows:

Option 1: Stake BSCS

Option 2: Stake BSCS-BNB LP token or BSCS-BUSD LP toke

https://docs.bscstation.finance/get-started/launchpad/ido-rules

2.  IDO Timeline

2.1 Staking and Whitelist registration

● ✅ Staking Eligibility for IDO allocation deadline: 9 AM, 24th July 2022 (UTC)

● ✅ Community Round whitelist starts: 3 PM, 16th July 2022 (UTC)

● ✅ Community Round whitelist ends: 9 AM, 23rd July 2022 (UTC)

● ✅ Community Round whitelist winners announced: 3 PM, 24th July 2022 (UTC) 

2.2 Commit IDO Fund

● ✅ Guaranteed Round Commit Opens: 4 AM, 25th July 2022 (UTC)

● ✅ Guaranteed Round Commit Closes: 12 PM, 25th July 2022 (UTC)

● ✅ Community Round Commit Opens: 4 AM, 25th July 2022 (UTC)

● ✅ Community Round Commit Closes: 12 PM, 25th July 2022 (UTC)

2.3 Allocation Calculation

● ✅ Final allocation: 1PM, 25th July 2022 (UTC)

● ⚠️The allocation calculation is complete. We will deduct the corresponding BUSD from your committed fund based on your final $DRIVE allocation, then users can claim the remaining BUSD fund.

2.4 Claiming & Listing Schedule

● ✅ Listing time: TBA

● ✅ Token claim: TBA

3. Important notes:

● Users can now refund tokens within 2 hours from the time at which IDO ends. For more information check:

● Do not unstake your BSCS until you have finished claiming your IDO allocations

● Please make sure that you have sufficient BUSD in your wallet and JOIN POOL on time

● Restricted Region List: Botswana, Cambodia, Central African Republic, Democratic People’s Republic of Korea, Republic of Seychelles, Ethiopia, Ghana, Iran, Iraq, Libya, Somalia, South Sudan, Sri Lanka, Syria, Sudan, Thailand, Trinidad and Tobago, Tunisia, Venezuela, Yemen, and the United States of America (herein “Prohibited Jurisdictions”).

5. How to join?

There are two rounds: Guaranteed round for BSCS holders who stake at least 15,000 BSCS, and Community round which opens for everyone without a minimum staking requirement.

We’ll apply BSCStation's Launchpad New IDO Format for IDOs on BSCStation from now onwards so kindly read the rules carefully via

● BSCStation uses a tier model that requires users to stake at least 15,000 $BSCS tokens to participate. For further details, check out the link below:

● Users who have NFT in Genesis in series Card will have IDO additional Pool Weight. Refer to this link for more information:

● Community and Beginner Tier members (People staking less than 15,000 BSCS) must complete additional social media engagement tasks in order to be whitelisted for each IDO.

About DRIVEZ

DRIVEZ is a Web 3.0 lifestyle application and the first NFT DAO mixed up with GameFi and CommunityFi.

DRIVEZ’s solution is to make your everyday boring commuting become an enjoyable and effortless earning moment.

DRIVEZ is not encouraging users to drive more (and producing more emissions in the progress), but we've found a way to make your daily driving valuable and use it to fight against air pollution and plant new trees around the world.

Our mission: Turning boring daily commuting into valuable earnings and joining hands to make our world greener!

Website | Telegram | Discussion | Twitter | Discord | Facebook | Medium