Duel Verse’s Tokenomics and IDO details

4 min readSep 6, 2021

Dear Community,

Have your shields 🛡 and swords ⚔️ ready for the highly anticipated and exclusive DuelVerse IDO launch!

This is a unique chance to be an early adopter of an awesome, all-in-one BSC-powered P2E/NFT game! We are thrilled to reveal what has been done and worked on behind the scenes! Beautiful designs, amazing gameplay, and much more for you to discover.

Since the Launch post for DuelVerse, excitement is in the air! We are incredibly grateful for the support and attention shown by our beloved community for the Play-to-Earn concept. The future is looking bright for DuelVerse to take the leap and assert its position within the P2E segment on Binance Smart Chain. Get ready to join the game and enjoy the fun of battle, crypto, and profits!

Today we are delighted to announce that the DuelVerse IDO will be held on September 20th 2021. Investors will have the chance to participate in the IDO in a secure & fair manner, with equal opportunity for all through bLaunch and PolyDex! For further details, keep on reading!

General Information

Ticker: $DUEL
Smart contract: To be updated
Blockchain: Binance Smart Chain
Token standard: BEP20
Supply: 100.000.000 $DUEL

Token Distribution Breakdown

IDO Allocation:

The IDO is allocated 10% of the maximum token supply.
The funds raised in the IDO will be used to provide liquidity locked for 6 months (50%), while the rest (50%) will be used to fund Marketing and Operation.
For IDO participants, 25% of tokens will be distributed immediately and the remaining 75% will be distributed through linear vesting over 6 months (15% each month), starting from the 2nd month (Day 31).

Farming:

33% of the max supply is allocated for farming over 36 months.

Foundation:

25% of the max supply allocated for game development.
This allocation will be released after the IDO (to provide LP, audit, Exchanges listing and fund other activities to jumpstart DuelVerse)

Venture Capital & Partners:

Strategic partners and venture capital investors are allocated 10% of the max supply

Marketing:

7% of the max supply to be vested linearly over 36 months.

Development Fund:

7% of the max supply to be vested linearly over 36 months.

Insurance Fund:

5% of the max supply

Airdrop & Lottery:

3% of the max supply

IDO details

Place: bLaunch (bDEX)

Time: 12:00 UTC, 20th September for bPower members, and the public round will be opening after 30 minutes at 12:30 UTC
The countdown for bPower members: https://bscscan.com/block/countdown/11078479
The countdown for the public round: https://bscscan.com/block/countdown/11079079

Place: PolyDEX

Time: 12:00 UTC, 22nd September
The countdown: https://polygonscan.com/block/countdown/19366666
IDO price: $0.3 per $DUEL
Method: First come, first serve
Payment: BUSD on BSC, and USDC on Polygon

Note:

Liquidity will be provided 24 hours after the IDO ends.
We will do a refund if the raised amount is less than $500,000 after the IDO ends.

Game Revenue (Money Flow)

NFT Card Sales

10% of all NFT sales will be used to buy back $DUEL and burn
90% of all NFT sales will be sold for BUSD, BNB. The collected fund to be distributed as follows:
50% for Game Development fund.
20% for buyback $DUEL to provide liquidity.
10% for Operation fund.
5% for the Project team.
5% for the Ecosystem
5% for Lottery fund (Airdrop).
5% for the insurance fund (Treasury).

2. Revenue from NFTs Market

Exchange fee 10%, used to buy back $DUEL and burn.
Exchange fees will be reduced over time.

The Road Ahead

DeFi is growing, and blockchain networks are becoming more interconnected than ever before! That is why in the future our plans include expanding the DuelVerse cross-chain to Solana, Cardano, as well as ETH 2.0! Blockchain accessibility for DuelVerse will unlock the opportunity for players everywhere to collect NFTs, build decks, and enjoy playing the game across various networks.

About DuelVerse:

Different universes have collided💥

Multiple realities have been combined🌀

Many special beings were born into one new world 🌎…

🔥🛡🗡 DuelVerse 🗡🛡🔥

In DuelVerse players can:

⚔️ Buy, sell, and collect their favorite NFT Heroes and NFT cards.

⚔️ Join the game to fight and win battles against other opponents!

⚔️ Rank up, raise their stats, and earn coins as rewards.

⚔️ Build your own decks and play them in multiple in game modes!

⚔️ Discover this and much MORE!

Are you ready to join a real-time P2E game that is powered by the players, a DuelVerse world shaped by the community?

Are you prepared to experience exciting battling gameplay?

You better be, as the time is now!

Duel Verse’s Tokenomics and IDO details

Written by BEARNDAO