IDO: ETHForestAI— 16th March 2023

KWAI Labs
3 min readMar 14, 2023

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ETHForestAI is a web3 learning platform with an integrated AI Chatbot with multiple features such as Learn-To-Earn, Real Yield and Creator Economy!

For more details of the project, read the whitepaper here.

Resources

Website: https://ethforest.ai/
Twitter:
https://twitter.com/ETHforestAI
Telegram:
https://t.me/ETHforestAI
Telegram(announcement):
https://t.me/ETHforestAIannouncement
Medium:
https://medium.com/@ETHforestAI
Whitepaper:
https://docs.ethforest.ai/overview/introducing-ethforestai

Listing and Tokenomics

IDO Price: $0.0000035
Listing Price: $0.0000035

TGE is scheduled to be on the 16th March at approx. 1600UTC,
with an initial Market Cap of $52,500 and FDV of $350,000

Total Supply: 100,000,000,000

  • IDO: 50%, 30% to be released during Token Generation Event, followed by 1 month cliff and linear release over the subsequent 6 months.
  • Initial Liquidity: 20%, to be locked for 30 days and to be made available upon future DEX/CEX listings
  • Marketing and Community: 5%, 3 months cliff, followed by linear release over 10 months
  • Team: 3%, 3 months cliff, followed by linear release over 10 months
  • Ecosystem: 15%, 1 months cliff and to be made available upon requirement
  • Advisors: 2%, 3 months cliff, followed by linear release over 10 months
  • Burn event: 5%

IDO Details

Qualifying Deadline: Stake OXB by 16th March 2023, 0001UTC
Contribution Date: 16th March 2023
Tier 1 Contribution : 0200 UTC — 1000 UTC
Tier 2 Contribution : 1100 UTC — 1200 UTC
Tier 3 Contribution : 1230UTC — 1300 UTC FCFS

Tier-3 Whitelist Link: https://crew3.xyz/c/oxbulltechofficial/questboard

For Contribution, head over to: TBA

To qualify for the IDO, users will either need to possess the KWAI NFTs or stake the following:

NFT Holders will automatically qualify for the respective tiers in accordance to the NFT.

Further info and queries:

Please follow the official KWAI telegram group for further details of the claim time and changes, if any.

IMPORTANT NOTES: Qualification of all Tiers will require STAKING or qualification via NFT. In the event where an Investor who has not Staked but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.

Staked holdings are required to be maintained until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed. No IDO Tokens will be provided and No Refunds will be made.

Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.

Disclaimer

Our content is intended to be used as information and education purposes only. It is very essential to do your own research and analysis before doing any investment decision or otherwise. Do Your Own Research.

Information is accurate at time of writing and can be subject to change.

KWAI Labs shall not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damages and/or expenses and/or any losses you may suffer arising out of such information or any reliance you may place upon such information.

Any further arrangements between you and any third parties contacted via the Website/Affiliated links are at your sole risk.

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KWAI Labs

KWAI⚡️Your trusty, AI-powered chat-based smart assistant to help manage crypto effortlessly. BETA version coming soon.