Driven by the PolkaFoundry, RedKite is a part of the $PKF ecosystem. The community pool of Kaby Arena at RedKite will provide every user with the opportunity to purchase the $KABY Tokens at the IDO price, according to the latest Crypto Events reports. To avail of the opportunity, the user needs to take part in the competition at #Gleam and be lucky enough to be among the top fifty players.
The detailed RedKite schedule for Kaby Arena IDO is given below:
- Whitelist Opening on 27th August 2021 and closing on 29th August 2021. Both the opening and closing events will take place at 16:00 UTC. The declaration of the Whitelist winners shall be made on 30th August 2021 at )6:00 UTC.
- The Seed and Private Sales shall be conducted on 30th August 2021 between 13:00–13:30 UTC
- The IDO date has been fixed on 31st August 2021.
To participate in the RedKite IDO launch, users need to open a KYC-verified account with RedKite. They need to become a Dove-tier holder at RedKite and then apply for the Whitelist. To apply, one simply needs to click on the Apply Whitelist’ button to get access to the task list. They need to complete the list of tasks to obtain the RedKite-tier ticket for the IDO.
Kaby Arena has also decided to execute Strong Holder Offering (SHO) on the launchpad of DAO Maker. The collaboration with DAO Maker will enable Kaby Arena to facilitate its DAO and develop a community of users. The DAO Maker is currently conducting the Community Round and Merit Round for the users. The Community Round shall offer the top fifty winners an allocation of $100. The Merit Round is for the DAO token stakers. It will begin on 30th August at 12:00 UTC and end on 31st August at 10:30 UTC.
The platform of Kaby Arena is also prepared to be the first IGO on the platform of GameFi to give GameFi users the ability to use the $KABY token. The GameFi snapshot time shall commence on 29th August. The allocation of tokens is set at $51,500 for the top hundred KSM contributors.