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LABEL to complete IDO on NFTb — How it works
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The NFTb team is excited to announce that LABEL will launch its IDO on NFTb on December 16, 2021 at 13pm UTC.
Hear from the LABEL team
An AMA with the LABEL team is scheduled on the 15th December at 7AM UTC in NFTb’s Community Telegram Community.
LABEL Token Sale Details
- Date & Time: December 16, 2021, 13pm UTC
- Token Symbol: $LBL
- Payment Token: BUSD
- Total Number of Tokens Available: 16,666,666
- Total Raise: $50.000
- Token Offer price: $0.003
- Token sale duration: 2 hours (1 hour for Private Pool / 1 hour for Public Pool)
- Allocation distribution: 90% for Private Pool — 10% for Public Pool
- IDO Location: https://nftb.io/launch/
- Unlock: 40% at TGE, 60% vested over 3 months
Private Pool Details
- Date & Time: December 16, 2021–13:00 UTC (1pm)
- Eligibility: Staked a relevant amount in the NFTb Tiered Model
- Private sale duration: 1 Hour
- Total private pool raise: $45,000
- Total number of tokens: 15,000,000
Private Pool Allocation:
Tier 1 — NFTB Staked in Tiered Model: 20,000 NFTB
- Allocation: To be released 1 hour before IDO
Tier 2 — NFTB Staked in Tiered Model: 37,500 NFTB
- Allocation: 1.75x Allocation given to Tier 1
Tier 3 — NFTB Staked in Tiered Model: 50,000 NFTB
- Allocation: 4x Allocation given to Tier 1
Public Pool Details:
- Date & Time: December 16, 2021 -14:00 UTC (2pm)
- Eligibility: Stake at least 1 NFTB in NFTb’s Tiered Model
- Public sale duration: 1 Hour
- Total public pool raise: $5,000 + the rest from private pool — if any
- Total number of tokens: 1,666,666
Be Alert for Scams!
As IDOs are scarce and highly sought-after, this makes them a potential target for scams. Please ensure that you apply adequate caution to protect yourself.
⚠️ All regarding the IDO on NFTb will be made via our official Telegram: https://t.me/nftbmarket
⚠️ Pools are only open during the times stated in this post.
⚠️ Admins will NEVER initiate a DM first. They will never ask for personal information, funds, passwords, or private keys for any reason.
Frequently Asked Questions
Which countries are excluded from the IDO participation?
Please note. The sale is only open to non-U.S. persons and entities.
In addition, the sale is not and will not be offered or sold, directly or indirectly, to any person who is a resident, organized, or located in any country or territory subject to OFAC comprehensive sanctions programs from time to time, including Cuba, Crimea region of Ukraine, Democratic people’s Republic of Korea, Iran, Syria, any person found on the OFAC specially designated nationals, blocked person list, any other consolidated prohibited person list as determined by any applicable governmental authority.
About LABEL
LABEL is a blockchain-based, lecture content incubation, integration service. LABEL produces high-quality lecture content through its lecture content incubation system and creates a space for content creators, investors, distributors, and consumers to coexist in a transparent settlement system using blockchain smart contracts.
Website | Telegram | Twitter | LinkedIn | Facebook
About NFTb
NFTb is the Complete Multi-chain DeFi and NFT platform for Communities. Our mission is to help creators get comfortable and love using DeFi dApps.
NFTb offers a premium NFT marketplace where users can access buyers from anywhere around the world and multi-chains, a DeFi platform giving users access to yield farming opportunities and a launchpad created to help creators and projects to build early support.
NFTb is backed by the Binance Accelerator Fund, Rarestone Capital and Spark Digital Capital.
Website | Telegram | Twitter | Medium | Discord
LABEL to complete IDO on NFTb — How it works was originally published in NFTb on Medium, where people are continuing the conversation by highlighting and responding to this story.
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