Get to Know the Real Juan!
After a few months of development, we are finally ready to release the self-service version of LaunchBAGZ!
We don’t want to open LaunchBAGZ to the public without showing everyone how easy it is to launch a new token. So, on Friday, July 12th, we will go through the entire token launch process, from zero to launch.
This process will serve as the basis for the token launch Blueprint, which we will publish in the upcoming days to help teams launch their tokens!
To make it more interesting and to listen to the suggestions of NeftyShow viewers, the token we will launch is the Real Juan! ($RJUAN)
The Real Juan will have a max supply of 42 million tokens plus Juan (42,000,001).
Token Distribution:
- LaunchBAGZ: 7.00%
- Fair Launch: 1.25%
- Airdrop: 0.75%
- IDO: 6.00%
- Mining: 85.00%
LaunchBAGZ’s share will be vested with a 3-month cliff and 12 vesting periods over the next 12 months.
The token will have an on-transfer fee of 1.25%:
- 0.5% will go to LaunchBAGZ
- 0.75% will go to the JuanDAOFund
The DAO will be created in the upcoming days and will decide on the mining mechanics and use of the JuanDAOFund.
The fair launch will take place on Friday, July 12th, during the NeftyShow. It will be a ‘savage fair launch’: no tickets, no whitelist, and only a 3-minute cooldown. The IDO will happen shortly after the fair launch.
If you want to be an early participant you can buy liquidity for the $RJUAN token in one of our official pools on NeftyBlocks!
Season one of mining will begin two weeks after the IDO. Mining $RJUAN will be a blend that delivers tokens. The possible results will be:
- Full reward
- Half reward
- Nothing
Miners will be able to blend once per hour. Yes, it’s tedious, but don’t worry! Automators will be available for sale, and just like miners, you’ll only be able to buy them with $RJUAN. The proceeds from the miners and automators sale will go 80% to mining rewards and 20% to operations. The miners will be a Betsy artifact, making them a special and unique component of the mining process.
There will be multiple mining seasons. The minable supply will be less in every season, and more powerful miners will become available in each new season.
LaunchBAGZ is integrating WAXDAO farms into the platform. Thanks to that integration, all the $RJUAN/Token LPs will be farming some $WUF!
Get ready for the LaunchBAGZ revolution while getting to know the Real Juan!
