The PolkaSyndicate Token Launch Overview
As anticipation grows PolkaSyndicate is preparing to launch the official PolkaSyndicate token PSYN.
Between now and the year 2023, PolkaSyndicate has many awesome plans in store that will be revealed soon. In this article we will take a brief look into the plans PolkaSyndicate has outlined for the upcoming launch in 2021.
Due to the large demand from our community, we have decided that it is our #1 priority to get PolkaSyndicate tokens into the hands of the community and allow them to be staked as soon as possible. We will also need to have our platform live before Polkadot parachain auctions begin, in order to take full advantage of Polkadot parachain rewards for the PolkaSyndicate community.
Over the next few months we will be launching our token PSYN to the public and opening up the official PolkaSyndicate staking platform.
Q2-Q3 - The PolkaSyndicate Founder’s Presale.
Scheduled date and time: TBA
The first pre-sale is known as “The PolkaSyndicate Founder’s Sale” which is a special promotion to reward all early PolkaSyndicate investors. The founder’s sale is set to launch sometime between Q2 - Q3 2021. During this sale you will be able to purchase PolkaSyndicate tokens for the greatest price.
During the PolkaSyndicate Founder’s sale 4,000,000 PSYN tokens will be sold for $0.12. (Exchange listing price will be $0.98)
Funds from the Founders Sale will be used to launch our major marketing initiative, gather the most important research and updates about parachain auctions, and build out the official PolkaSyndicate platform demo.
Q2-Q3 The PolkaSyndicate Private Sale
Scheduled date and time: TBA
The official PolkaSyndicate private sale is set to launch sometime between Q2-Q3 2021.
During the PolkaSyndicate Private sale 16,000,000 PSYN tokens will be sold for $0.22. (Exchange listing price will be $0.98)
These funds will be used as described in the PolkaSyndicate whitepaper. We will increase our awareness marketing efforts to better explain Polkadot, parachains, and crowdloan auctions while establishing our brand as a leader in the cryptocurrency space.
We will also establish the official PolkaSyndicate DOT treasury, and the PolkaSyndicate voting system.
The official PolkaSyndicate platform will enter the live Beta phase which will allow users from the community to login and connect their ERC-20 wallets, and vote on design improvements. During this phase we will be testing and optimizing the UI efficiency. The goal is to create a dashboard that is fast, easy to use, and runs with 99.9% uptime.
Q2-Q3 The PolkaSyndicate Public Sale
Scheduled date and time: TBA
The PolkaSyndicate Public Sale which is scheduled to begin shortly after the private sale. The public sale will be the last chance to get PolkaSyndicate tokens for a discount before we begin exchange listings.
During the PolkaSyndicate Public sale 5,000,000 PSYN tokens will be sold for $0.38. (Exchange listing price will be $0.98)
These funds will be used to add more funds to the PolkaSyndicate DOT treasury, and allocated to the PolkaSyndicate team for development and business operations.
A second full analysis of our rewards model, additional risk performance analysis, platform security cross checks, as well as a full legal assessment with all required compliance and regulatory agencies will be completed with these funds.
Exchange listings will follow immediately after the public sale. We will be releasing updates on exchange listings in the near future.
Follow us on Telegram and Medium for an update on the official date and time of the launch! It is expected to sell out very quickly.
About PolkaSyndicate
PolkaSyndicate is the first Polkadot parachain community that empowers it’s members with high quality parachain research, while letting you earn parachain rewards with ease through our unique Polkadot parachain reward system.
Contact PolkaSyndicate
- Telegram: https://t.me/polkasyndicate
- Twitter: https://twitter.com/PolkaSyndicate
- Medium: https://polkasyndicate.medium.com/
- Official website: https://www.polkasyndicate.com
