The moment of truth is around the corner with only 4 hours left until the long-awaited Drops (DOP) Initial DEX Offering (IDO) on Polkastarter. The event is taking place on the 21st of May, 2021, at 1:00 PM UTC. The listing of DOP Token on Uniswap is taking place on the same day at 2:00 PM UTC.
Below is the information you need to know before today’s event.
Polkastarter IDO
The IDO on Polkastarter will be available to all those who have passed the whitelisting process and subsequent KYC. The token metrics are as follows:
- Listing price of $DOP: $0.6 USD
- Public sale date: May 21, 2021
- Public sale time: 1:00pm UTC
- Total $DOP tokens available for public sale: 333,333 DOP
Schedule on the 21st of May, 2021
- 12:30 PM UTC: Telegram chat muted
- 1:00 PM UTC: Polkastarter IDO fundraising starts
- 2:00 PM UTC: Uniswap liquidity added
- 2:30 PM UTC: Polkastarter tokens unlock
- 4:15 PM UTC: Telegram chat unmuted
Uniswap DEX Listing
Participants and investors are requested to refrain from trading $DOP tokens on Uniswap until they have all the details that are shared on our Twitter account: https://twitter.com/dropsnft
Whitelisting Update
- Search this document for your ETH wallet to see which pool you are in; you will need remember this today during the IDO.
- All whitelist entries have been verified for valid ERC-20 addresses.
- A randomized draw of qualified users from the whitelisting process that ended on May 18, 2021 has been approved for the IDO.
- Finalized Whitelisted entries were contacted by email from info@drops.co and should have passed the KYC process within 48 hours from the time the email was sent.
- Please note that citizens from the following countries have been excluded from the IDO: Belarus, Burma, China Côte D’Ivoire (Ivory Coast), Cuba, China, Sri Lanka, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, USA, Venezuela, Yemen and Zimbabwe.
A note for our Private Sale Investors
- 30% of your allocation will be unlocked today @ 2.29 PM UTC
- the rest of the tokens will be vesting per block for 9 months
- once tokens are unlocked, go to drops.co/vesting and click ‘claim’ button → confirm transaction to claim your tokens
⚠️ Important ⚠️
- The Drops team will NEVER message you first on any social media platform
- The $DOP smart contract address is NOT yet publicly available. Be aware of fake addresses and scams. Use only the smart contract address published by our official Twitter account
- $DOP tokens will only become available AFTER the Polkastarter IDO on May 21st.
- Be sure to share this post and participate in our socials as much as possible to help spread the word so people see us and not scammers.
About Drops
Drops brings DeFi-style infrastructure to NFTs, adding much-needed utility to idle NFT assets. Users can leverage their NFTs to obtain loans and earn real yield, reducing the opportunity cost of holding NFTs long-term.
This Drops infrastructure will become increasingly important as we witness the rise of “financial” NFTs — an expansion of the space beyond digital artwork into more tangible financial instruments.
Drops will offer gasless transactions and a smooth user interface by leveraging the layer-two platform Polygon, enabling fair and frictionless participation for all users.
Twitter: https://twitter.com/dropsnft
Discord: https://discord.gg/Zb9KapDA
Telegram: https://t.me/drops_nft
Web: https://www.drops.co
