$1,000,000 IFO — BLINk Joins PancakeSwap
CAKE holders, we are proud to announce BLINk as the first Initial Farm Offering to be hosted on our newly launched IFO platform.
IFO Sale Details
Sale date/time: Friday 20th November at 9pm -10pm SGT
Amount to be raised: $1,000,000 USD in CAKE-BNB LP tokens
Tokens to be sold: 100,000,000 BLK (10% of total BLK supply)
Method: Overflow (see below)
To participate in the IFO:
Before Sale:
- Buy CAKE and BNB tokens
- Get CAKE-BNB LP tokens by adding CAKE and BNB liquidity
During Sale:
- While the sale is live at 9pm-10pm SGT on Nov 20th, commit your CAKE-LP tokens to buy BLK tokens at https://pancakeswap.finance/ifo
After Sale:
- When the sale is complete, claim your BLK tokens and your unspent funds will also be sent back to you.
- Done! In the case of an overflow you can unstake your remaining CAKE-BNB LP tokens.
If you decide to acquire CAKE-BNB LP tokens before the IFO starts, you can stake them here to earn CAKE token rewards while waiting for the sale.
Please note — while you are holding CAKE-BNB LP tokens you will be at risk of Impermanent Loss.
What is the “Overflow” sale method?
TLDR: Basically, the more you put in, the more you will get, and you’ll get back anything that doesn’t get spent.
In the “Overflow” method, users can subscribe as much or as little as they want to the IFO, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale.
Here are three basic examples to show you what we mean:
Please note — The final USD price per CAKE-BNB LP token will be set a few minutes before the sale starting at 9pm SGT on Friday 20th November and will be broadcasted on all channels.
While a few things may be subject to initial change, two things are sure:
- You will need CAKE-BNB LP tokens to participate.
- If the full $1,000,000 USD allocation is raised, then $500,000 of CAKE tokens will be burned forever.
Project Details
Project: BLINk (BLK)
Website: to be launched on Nov 18th
Max Supply: 999,999,999
Contract Address: https://bscscan.com/token/0x63870a18b6e42b01ef1ad8a2302ef50b7132054f
Whitepaper: https://blink.wink.org/blink.pdf
Twitter: https://twitter.com/WINkorg777
Telegram (EN): https://t.me/WINk_org_official
What is BLINk?
BLINk is a partnership between WINk and Binance ecosystem. Together they’ve created a brand new gaming platform running entirely on the Binance Smart Chain. The platform will enable BNB holders to start using their tokens to experience the excitement of daily gaming and wealth redistribution that WINksters on Tron have been enjoying for over two years.
Why create a new platform on a new chain?
As WINk has grown they’ve added the ability to play with many different coins. Their partnership with Poloniex has opened up the platform to over 100 digital assets. No other blockchain casino has such a broad scope of tokens to play with. In spite of this many cryptocurrency users remain loyal to a small number of coins and prefer to keep their tokens within their chain’s ecosystems. By creating a new platform on BSC they’ll be able to introduce WINk to a part of the market that they would have otherwise been unable to reach. As their expansion continues and they begin to add further gaming DApps, the opportunity to access multiple independent markets will encourage more developers to build on WINk.
BLINk Token (BLK)
Rather than replicate the multiple tokens available on WINk, instead they’ve opted for a single token; BLINk (BLK). They want people to be able to invest in the token without having to be a player but also want to keep the behavioural mining element that has proved so popular for players.
Token Distribution
- Mining (Including Genesis Mining) 30%
- Ecosystem Support 20%
- Binance Gaming Developer Support 15%
- Team 15%
- Initial Dex/Farm Offering 20%
(We will provide more information and update this release as it becomes available.)
Disclaimer — All projects are subject to both high market risk and volatility. Please, do your own research and full due diligence before even considering to invest your funds in any project and please, make your investments very cautiously. PancakeSwap will not be held responsible for any investment losses.
