Monsta Launchpad X League Of Ancients
Introducing the first project that will utilize the Monsta Launchpad, League of Ancients. Their governance token, $LOA, will be available on the Monsta Launchpad for both the Monsta and LOA communities.
League of Ancients (LOA) is a MOBA NFT-game inspired by DOTA2 and League of Legends. LOA aspires to create an engaging community with a thriving economy; focusing on Free-to-Play and Play-to-Earn mechanics by leveraging blockchain technology.
League of Ancients will also aid us in co-developing the Monsta Chain to develop the ideal public gaming blockchain, providing ample freedom and resources for other projects to grow prosperously in the Infinite Verse.
For this event, you will need to stake a certain amount of MONI in order to be eligible to purchase LOA tokens. All LOA tokens purchase would be utilizing STT. There will be a total of 4 different tiers of staking which will be provided to the public.
Rules and Regulations
- Each Monsta Wallet address will be available to stake on 1 tier only
- Staking token — MONI (2 months staking periods)
- Purchasing Token — STT
- LOA token vesting period — 200 days (Daily Vesting)
- The amount of MONI required to stake and LOA tokens available for purchase are fixed based on the tiers and are not negotiable.
- Purchased LOA tokens will be claimable after the sales. A website will be released for you to claim your tokens using the BEP-20 wallet address you have provided in the whitelist
How do I participate?
- Whitelisting Opens: 10th December 2021 04:00 GMT+0 until 10th December 2021 12:00 GMT+0
- Staking Opens: 11th December 2021 00:00 GMT+0 until 11th December 2021 08:00 GMT+0
- LOA Token Purchase: 11th December 2021 12:00 GMT+0 until 11th December 2021 20:00 GMT+0
Whitelisting
In order to qualify for the sale, you would have to be whitelisted first. The whitelisting will be on Gleam.io, where you have to complete several tasks before being eligible. You will also have to provide both your Monsta Wallet Address and your BEP-20 Wallet Address in the Gleam form.
You will need a Monsta Wallet Address to stake MONI that will act as a ticket to purchase the LOA tokens. You will also need to have STT to purchase the LOA tokens. Purchased LOA tokens will be claimable after the sales. A website will be released for you to claim your tokens using the BEP-20 wallet address you have provided in the whitelist
The whitelisting form will be announced on our official media platforms before the whitelisting begins.
Staking token: MONI. (The MONI tokens used for the staking will be returned to you after 2 months)
LOA tokens Purchasing Method: STT. (All STT tokens collected will be fully utilized to replenish the MONI-STT pool)
Staking
0.8% of the total supply of LOA tokens will be used for the launchpad sale.
0.8% LOA tokens = 8,000,000 LOA tokens
There are a total of 4 tiers available on Monsta Launchpad for this event.
A total of 500,000 MONI tokens will be collected for every tier. Once all 500,000 MONI has been staked, the respective tier will then be closed and no longer available.
Exosphere Tier
- Each wallet address has to stake 10,000 MONI tokens for 2 months.
- Eligible to purchase 60,000 LOA tokens per wallet address using STT.
- 3 million LOA tokens will be up for sale for 50 eligible wallet addresses on a First Come, First Serve basis.
Stratosphere Tier
- Each wallet address has to stake 2,000 MONI tokens for 2 months.
- Eligible to purchase 8,000 LOA tokens per wallet address using STT.
- 2 million LOA tokens will be up for sale for 250 eligible wallet addresses on a First Come, First Serve basis.
Thermosphere Tier
- Each wallet address has to stake 500 MONI tokens for 2 months.
- Eligible to purchase 1,500 LOA tokens per wallet address using STT.
- 1.5 million LOA tokens will be up for sale for 1,000 eligible wallet addresses on a First Come, First Serve basis.
Troposphere Tier
- Each wallet address has to stake 100 MONI tokens for 2 months.
- Eligible to purchase 300 LOA tokens per wallet address using STT.
- 1.5 million LOA tokens will be up for sale for 5,000 eligible wallet addresses on a First Come, First Serve basis.
LOA Token Purchase
After you have staked your MONI according to the tiers, you will have the opportunity to purchase a certain amount of LOA tokens according to the tiers. All LOA token purchase requires STT from your Monsta Wallet.
The price of STT required to purchase the LOA tokens will be set on 10th December 2021 at 12:00 GMT+0.
How to Create a Monsta Wallet?
You’ll need a Monsta Wallet to make any in-game or Marketplace-related transactions. Monsta Wallet is also a digital wallet, and it allows you to connect to and interact with our custom-built blockchain, known as Monsta Chain.
Monsta Wallet Google Chrome Extension:
https://chrome.google.com/webstore/detail/monsta-wallet/hpbgcgmiemanfelegbndmhieiigkackl
Monsta Wallet Firefox Extension:
If you do not use these browsers and use others such as Microsoft Edge, or Opera, please follow the below guide to install Monsta Wallet manually, as well as the guide on how to set up your Monsta Wallet.
https://monstainfinite.medium.com/monsta-wallet-registration-guide-8946e4a0e11b
Congratulations! You now have a properly installed Monsta Wallet!
Funding your Monsta Wallet
Whether you purchased MONI tokens or STT tokens, they will need to be bridged into your Monsta Wallet. Do note that the process for bridging both currencies is the same, simply change the token that you are bridging in on the bridge screen using the arrow next to the currency name.
Bridging MONI & STT into Monsta Wallet: