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Home News Funding & VC

Synergy Land’s IDO: Key Details for the May 15th Offering

May 11, 2023 - Updated on July 7, 2024
in Funding & VC, News, NFTs, Tokens
Reading Time: 2 mins read
15
Juice Gaming News | Web3 Gaming

Juice Gaming News | Web3 Gaming

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Synergy Land, an ARPG gaming project, is preparing to launch an Initial DEX Offering (IDO). The forthcoming IDO is a significant event in Synergy Land’s project timeline. It aims to gather capital for the further development of its gaming ecosystem. Additionally, it offers an opportunity for early-stage participation in the project.

Synergy Land’s IDO: How To Participate

The IDO will be facilitated on Seedify, a blockchain gaming and metaverse incubator and launchpad. Seedify offers a platform for projects like Synergy Land to conduct their IDOs, providing a secure environment with protective measures and due diligence processes. Interested parties will need to navigate through the Seedify platform and stake their native token to take part in the IDO, learn more about how to participate on their platform.

Synergy Land Official Game Trailer is here.

Explore a shattered world, the journey has just begun. pic.twitter.com/qR4VJuprd7

— Synergy Land (@SynergyLandGame) May 8, 2023

$SNG Token: From Governance to In-Game Utility

Synergy Land’s governance token, $SNG, extends its functionality beyond facilitating voting in the ecosystem. Notably, it incorporates the following additional features:

  • Marketplace: Synergy Land’s marketplace uses $SNG for all purchases. A percentage of the fees collected will be allocated to the Synergy Treasury to fund game development.

  • Special Events: Players can earn $SNG by participating in specific events within the Synergy Land game.

  • Token Burn: To create a deflationary environment and increase demand for circulating tokens, a portion of the funds raised through NFT presales and marketplace sales will be burned.

Key Details of Synergy Land’s IDO

  • Blockchain: Polygon

  • Total Supply: 200,000,000

  • Initial Mcap (excluding liquidity): $138,336

  • IDO Date: May 15, 2023

  • IGO Price: $0.12

  • Listing Price: $0.12

  • Allocation: TBD BUSD

  • Vesting Period: 20% TGE, 2-month cliff, 3 months vesting

  • Market Makers: TBD

About Synergy Land

Synergy Land is a web3 multiplayer game that combines MOBA mechanics with elements of the ARPG genre. The game is set in a diverse world, consisting of four distinct ecosystems: earth, water, fire, and ice. Influenced by well-known titles such as Diablo and Path of Exile, Synergy Land aims to incorporate the best aspects of these games. Designed for a wide range of players, it accommodates both casual gamers looking for enjoyable gameplay and hardcore enthusiasts seeking challenging experiences.

You can learn more and play the Synergy Land demo on their website.

Tags: RPG
Apex

Apex

Founder of Juice Gaming News, Apex covers everything that matters in play-to-earn gaming—from airdrops and early access to breaking news. He also co-founded The Juice Team community in 2022.

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