Ancient8 (A8) coin issuance price

Bybit Launchpad's offering of A8 tokens, an integral part of the Ancient8 blockchain gaming ecosystem empowering Southeast Asian gamers, commenced on May 19 with a fixed price of $0.05 per token.

Dec 24, 2024 at 04:46 pm

Key Points

Launch Details:

• A8 Initial DEX Offering (IDO): May 19, 2022, at 13:00 UTC on Bybit Launchpad
• A8 Listing: May 19, 2022, at 18:00 UTC on Bybit Spot Market
• Total Supply: 1,000,000,000 A8
• Initial Circulating Supply: 82,000,000 A8
• Issuance Price: US$0.05 per A8

Tokenomics and Allocation:

• Community Rewards: 55% (550,000,000 A8)

  • Allocated to ecosystem incentives, Play-and-Earn (P&E) rewards, and liquidity mining
• Team and Advisors: 15% (150,000,000 A8), locked for 2 years with quarterly release
• Strategic Sale: 10% (100,000,000 A8)
• Bybit Launchpad: 20% (200,000,000 A8)

About Ancient8 (A8)

• Ancient8 is a Southeast Asia-based blockchain gaming and guild platform.
• It provides guilds, training programs, and rewards to P&E players.
• A8's mission is to empower gamers in emerging markets and onboard them into the world of Web3 gaming.

Why Acquire A8 Tokens?

• To participate in the Ancient8 P&E ecosystem and earn rewards.
• To support the growth and development of the Ancient8 platform.
• To benefit from potential appreciation in token value as the platform gains popularity.

How to Acquire A8 Tokens on Bybit Launchpad:

1. Check eligibility: Only Bybit users who have registered before May 17, 2022, at 23:59 UTC and completed KYC are eligible.
2. Confirm participation: After the eligibility check, users need to confirm their participation in the launchpad by clicking "Participate."
3. Stake BIT to qualify: Users must stake a minimum of 100 BIT to participate in the allocation lottery. The amount of BIT staked determines the allocation tier.
4. Enter the lottery: Once the staking period ends, users will receive a lottery ticket for each allocation tier they qualify for.
5. Allocation results: Winners of the lottery will be notified via email and can claim their A8 tokens from May 19, 2022, at 18:00 UTC.

FAQs:

Q: What is the value proposition of Ancient8?

A: Ancient8 empowers gamers in emerging markets by providing them with guilds, training programs, and P&E rewards, enabling them to participate in the Web3 gaming economy.

Q: How much A8 was sold during the IDO on Bybit Launchpad?

A: 100,000,000 A8 was sold during the IDO on Bybit Launchpad, representing 20% of the total supply.

Q: What is the current use case for A8 tokens?

A: Currently, A8 tokens can be used for ecosystem incentives, P&E rewards, liquidity mining, and governance.

Q: How can I earn A8 tokens?

A: You can earn A8 tokens by participating in P&E games supported by Ancient8 and contributing to the ecosystem through guild operations and liquidity provision.

Q: What factors could affect the future price of A8 tokens?

A: The growth and popularity of the Ancient8 platform, the adoption of P&E games, and overall market conditions could influence the future price of A8 tokens.