The launch of the DIGITALAX Platform will begin with The Genesis Period on November 2nd 11pm UTC.
Name: MEET MONA
Min & max per address: 0.1ETH - 2ETH
The Genesis Period on November 2nd 11pm UTC is initiating the Genesis MONA NFT distribution and liquidity crowdsourcing event. The Genesis period will end on November 20th 11pm UTC.
100% of ETH contributed goes towards $MONA liquidity.
Each user can choose to contribute between 0.1-2ETH for the purchase of the Genesis MONA NFT. You will receive 1 Genesis MONA NFT for any contribution amount, however your staking rewards APY, voting participation and platform revenue will be different depending on the amount contributed.
Users can come back at any time during the Genesis Period and contribute more ETH to a maximum of 2ETH, but they won’t receive another Genesis MONA NFT. Only 1 Genesis MONA NFT per address.
We are seeking the initial liquidity for the $MONA/ETH uniswap pool that will be integrated into the DIGITALAX ecosystem for DIGITALAX's liquidity-based functions. The $MONA/ETH pool will also be used for users with staked NFTs to swap their $MONA rewards for DAI, ETH.
There is no pre-sale. No investors or venture capitalists are backing DIGITALAX. The team bootstrapped the entire project.
The Genesis MONA NFTs cannot be traded during the Genesis Period, and will be locked until 11pm UTC on November 20th.
Genesis MONA NFT will later serve as the platform's governance NFT. A buyer will be granted different governance/revenue share/ staking reward rights based on the amount of ETH that they contribute. I.e. Spending 2 ETH will give someone access to full benefits (able to mint $MONA, able to receive profits in priority, able to participate on governance and receive incentives etc.).
Distribution and allocation:
Genesis MONA NFT event (crowd sale): 92%
Protocol Reserve: 5%
Team & advisors: 3%
All ETH contributions take place on the DIGITALAX platform at www.digitalax.xyz
Contributions of ETH between 0.1ETH-2ETH are accepted. Users can contribute more ETH to a maximum amount of 2ETH anytime during the Genesis Period but they will not receive another Genesis MONA NFT.
Genesis MONA NFTs will be transferred to the individuals connected wallet address. Only 1 Genesis MONA NFT can be purchased per wallet address. Only Metamask Web3 wallets are compatible initially with the platform.
During The Genesis Period, 5% of Genesis MONA NFTs will be issued for the Protocol Reserve for the purpose of maintaining and expanding the protocol. 3% of Genesis MONA NFTs will be allocated for early project contributors, developers, team advisors that helped immensely in enabling the launch of the DIGITALAX platform. All 8% of these Genesis MONA NFTs will be minted at a 2ETH contribution value.