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
- IDO Launch: September 30th
- Ticker: $FUFU
- Total supply: 1,000,000,000
- Initial Market cap: $540,000
- Price per [$FUFU]: $0.02
- Total Raise on BSC Station Launchpad: $100,000
- Swap currency: BUSD
- Application Form Link: https://docs.google.com/forms/d/e/1FAIpQLSd-PW3ItIO6Heehy70yCmvipRu3L5Ur7B6wt8auOumGqkVhtg/viewform
NFTPad IDO Details
- IDO Launch Date: September 30th, 16:30 UTC
- Platform: NFTPad (https://nftpad.fi/launchpad)
- Ticker: $FUFU
- Type: BEP-20
- Total supply: 1,000,000,000
- Initial Market cap: $540,000
- Price per [$FUFU]: $0.02
- Total Raise on NFTPad: $100,000
- Swap currency: BUSD
- Whitelist Link: https://sweepwidget.com/view/34361-hq7prv6i
Token Utility
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
