SPECIAL IDO: ME3(29 FEB)

KWAI Labs
4 min readFeb 26, 2024

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With a fully doxxed team with combined 60 years of entrepreneurship experience under their belt, the team behind Me3 ecosystem aims to presents a range of user-friendly products and unique functionalities, facilitating seamless onboarding into the Web3 realm.

Key offerings include Keysmith, an efficient onboarding solution with a non-custodial wallet, a web app featuring the innovative “support 2 win” mechanism for Esports, and Me3’s white-label integrated with Asean’s major Web 3.0 platforms and gaming ecosystems.

The Me3 ecosystem’s commitment to user-friendly solutions and strategic partnerships positions it at the forefront of Web3 accessibility.

Resources

Website: https://www.me3.io/
Twitter: https://twitter.com/me3wallet
Telegram: https://t.me/Me3Official
Discord: https://discord.com/invite/jDQYXyHzKX
Gitbook: https://me3wallet.gitbook.io/docs/
Litepaper: https://docsend.com/view/bzkmf7vpcunkhaae

Listing and Tokenomics

Special IDO* price: $0.00942
Vesting: 14.8% to be released during Token Generation, followed by linear monthly release over the subsequent 10 months.
*For better pricing and distribution, the Special IDO shall consists of Private and Public Sale allocation, which explains the unconventional vesting and pricing.

Investors are entitled to request a no-questions-asked refund of 60% of their initial contribution amount within a 24-hour window following the Token Generation Event (TGE).

TGE is scheduled to be in March 2024,
with an initial Market Cap of $216,000

Me3 Token Utilities enhance Web3 projects by aligning user incentives and strategic goals. Users holding Me3 tokens stands to gain fee discounts, promoting longer holding periods and boosting token value as the ecosystem expands. Token staking also allows holders to earn up to 50% of platform fees and gain voting power for governance, fostering community loyalty and active participation.

Total Supply: 1,000,000,000

  • Genesis Round: 20%, Locked for 3 months, followed by linear release over the subsequent 18 months
  • Private Round: 10%, 10% to be released during Token Generation, followed by linear release over the subsequent 10 months.
  • Public: 4%, 20% to be released during Token Generation, followed by linear release over the subsequent 6 months.
  • Treasury: 17%, Locked for 6 months, followed by linear release over the subsequent 18 months
  • Team: 15%, Locked for 9 months, followed by linear release over the subsequent 24 months
  • Advisors: 8%, Locked for 6 months, followed by linear release over the subsequent 18 months
  • Community: 12%, Locked for a month, followed by linear release over the subsequent 36 months
  • Marketing: 3%
  • Liquidity: 6%
  • Staking: 5%

IDO Details

Qualifying Deadline: Stake KWAI by 29th February 2024, 0001UTC
Tier 1 & 2 Contribution : 29th February 2024, 1000UTC — 1st March, 1000 UTC
Tier 3 Contribution : 1st March, 1100UTC — 1130 UTC FCFS
Tier-3 Whitelist Link:
https://zealy.io/c/oxbulltechofficial/questboard under #ME3 Special IDO

For Contribution, head over to: https://oxbull.tech/app/project/me3
To find out how to contribute, read here.
Please be advised that contribution will be conducted in USDT (on BNB Chain).

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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