IDO ANNOUNCEMENT: DIGITAL RENAISSANCE IS LAUNCHING ON POLKAEX LAUNCHPAD

Polkaex.io
3 min readFeb 10, 2022

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Dear PolkaExians, we are happy to announce that on February 18th, 2022, 10:00 AM (UTC), a new IDO project, Digital Renaissance is launching on the PolkaEx launchpad.

Digital Renaissance Tokenomics

IDO Timeline & Details

  • Allocation: $80,000.
  • Date: February 18th, 2022, 10:00 AM (UTC).
  • IDO price: $0.026(Private Alpha).
  • Currency: BUSD.
  • Network: BSC.
  • Initial Circulating Market cap: Around $7million.
  • Platform: PolkaEx Launchpad.
  • Vesting Period: 35% unlocked at TGE, 65% locked (locked for the first 2 months, 16.25% released monthly for the following 4 months).
  • Token claim: PolkaEx Launchpad.

Private Pool

  • Private Pool allocation: $80,000.
  • Allocation type: According to tier system.
  • Time: 10:00–14:00 UTC, lasts for 4 hours.
  • Mode: Guaranteed.

Public Pool

  • Public Pool allocation: Unsold tokens from Private Pool.
  • Allocation limit: $50 — $5,000.
  • Time: 16:00–24:00 UTC, lasts for 8 hours.
  • Mode: First come, first serve (FCFS).

IMPORTANT

I. Stake the appropriate amount of $PKEX in the ‘JOIN IDO(ASTAR)’, ‘JOIN IDO(SHIDEN)’ and ‘JOIN IDO(BSC)’ pool, any of the above 3 pools, to receive corresponding maximum allocation by tier grade. If you have staked in all 3 pools, the tier grade will be displayed according to the total stake amount. The deadline is 2 hours before IDO officially starts. (👉 app.polkaex.io/pools)

Pools

II. Regardless of which network you staked $PKEX under, the IDO will be done on BSC and stakers will need to switch their network to BSC, have $BUSD and a little $BNB for fees in the same wallet in order to purchase $VINCI tokens on BSC. (👉app.polkaex.io/launchpad)

Launchpad

Restricted Region List

United States of America, Canada, People’s Republic of China, the Hong Kong Special Administrative Region of the People’s Republic of China, the Republic of Seychelles, Bermuda, Cuba, Crimea, and Sevastopol, Iran, Syria, North Korea, Sudan, Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Democratic People’s Republic of Korea (DPRK), Ghana, Iran, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Syria, Uganda, Yemen, Zimbabwe; (ii) any state, country or other jurisdiction that is embargoed by the United States of America.

ABOUT DIGITAL RENAISSANCE

Digital Renaissance is a platform where artists & brands may utilize blockchain technology to create new income streams. This is a meeting place for forward-thinking artists, pioneers, curators, music lovers, collectors, and people of technology to be empowered. DR will organize music festivals & NFT events, raising the bar in community events.

Follow Digital Renaissance: Website | Twitter | TelegramWhitepaper

ABOUT POLKAEX

PolkaEx is a cross-chain DeFi suite consisting of a Decentralized Exchange, a Launchpad, Liquidity mining, and NFT usecases. Our main chain of focus is Astar and by combining a Launchpad with a Decentralized exchange we believe this can open the door for legitimate projects seeking to raise funds and list on a Decentralized exchange on Shiden to do so in a decentralized, low fee and developer-friendly environment. Our Launchpad is live on Shiden Network, Ethereum, BSC and Polygon.

Our Dex was launched on Shiden Network with Staking and Liquidity mining. Shiden Network provides PolkaEx and the DeFi community with a whole Layer 2 scaling solution designed to benefit the user with a low transaction fee and fast speed. To sum up, while we make it possible for community members and investors to invest in early ideas and projects, we provide projects with a decentralized exchange to list their tokens on Shiden Network.

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Polkaex.io

PolkaEx is a cross-chain trade platform based on Polkadot, using Astar Network to provide higher TPS, lower transaction cost.