FUFU Announces IDO on BSC Station and NFTPad, Launch Starts September 30th

The listing will be on Pancakeswap and participants will be able to claim the tokens approximately 30 minutes after the listing.

FUFU, the go-to platform for users to create interactive quizzes, and earn NFTs through their reward system, announced its IDO date that would begin on 30st September via BSC Station Launchpad and NFTPad. The listing will be on Pancakeswap and participants will be able to claim the tokens approximately 30 minutes after the listing.

The ecosystem’s flagship NFT creation and distribution platform is UwUFUFU.com a gamified content marketing platform in the form of viral interactive quizzes. The play to earn quizzes bridges communities together, creating a new form of content marketing. The platform uses the versatility of quizzes to achieve its goal of providing entertainment and distributing marketing campaigns. Anyone can create, play and share quizzes, and thousands of users are already doing so organically without any incentives.

The users drive the ecosystem as they create the content, generate traffic and revenue. FUFU aims to share the value they create by launching various features that provide utility to FUFU as well as a reward system where users are rewarded for their organic activity.

BSC Station IDO Details

For more information regarding FUFU’s IDO Launch on BSC Station, see here.

NFTPad IDO Details

For more information regarding FUFU’s IDO Launch on NFTPad, see here.

Sponsored

Token Utility

Sponsored

The FUFU token serves as the platform’s currency and is used to pay for all paid services. When fees are paid for minting NFTs in $FUFU, a portion of the payments are locked in with the NFTs to operate as an underlying asset, giving the NFTs their true value. Also NFTs have utility on the platform. Other than being a collectible and boosts to the reward system, it also serves as an access key to future marketing campaigns and events by the brands minting the NFTs.

Additionally, holders of $FUFU tokens will have the ability to vote on governance ideas. However, not everyone can submit governance proposals, you need reputation points. Reputation points are earned by creating quizzes and as more people play the quizzes you create, you climb the monthly and quarterly leaderboards to earn reputation points..

Tokenomics

FUFU  token allocation & vesting schedules are as follows:

  • Team: 12% — These will be distributed 13 Months after TGE, then daily vesting for 24 months
  • Private Sale: 17% — 10% on TGE, daily vesting for 12 months with 2 month cliff after TGE
  • Public Sale: 1% — 100% on TGE
  • Staking: 25% — after TGE, then daily vesting for 24 months
  • Liquidity Provider: 3%
  • Development Fund: 34% — 7 Months after TGE, then daily vesting for 24 months
  • Advisors and Partnerships: 8% — 7 Months after TGE, then daily vesting for 24 months

This article contains a press release from an external source. The opinions and information presented may differ from those of DailyCoin. Readers are encouraged to independently verify the details and consult with experts before acting on any information provided. Please note that our Terms and Conditions, Privacy Policy, and Risk Warning have been recently updated.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Chainwire

Chainwire is a crypto news wire which shares the hottest industry news with DailyCoin. The content from Chainwire is not written by DailyCoin.