Solchicks Project Announcement
Another day, another announcement for the Synapse Network!
After giving our community access to some of the most polished NFT gaming ecosystems and some of the best DeFi tools on the market, we are again unearthing one of the most brilliant NFT projects of the year.
Give a warm welcome to Solchicks, an NFT play to earn game that merges beautifully multiple genres, to create something original, and absolutely impressive.
At the present time, we have just started to scratch the surface of what can be done with NFT in general, and with NFT gaming in particular, as gaming has evolved into a myriad of subgenres in the span of its lifetime.
The Solchicks team is about to bring some of this diversity in the NFT world, combining RPG elements, with mmorpg mechanics, a polished PVP system, and of course, the possibility to breed and earn money from the time you dedicated to playing their game.
Built on the Solana network, Solchicks brings a new level of detail to NFT gaming, and we are more than happy to say that we are impressed with what they have done.
This short introduction doesn’t give enough credit to the system they have built, as you are able to also create your personal collection, and essentially play the same game in multiple wildly different manners.
We are looking towards the development of their ecosystem and we are delighted to present this opportunity to our community,so check out their platform and we are sure that you will be as amazed as we were.
As always, to keep yourself up to date with the latest news released by the Synapse Network don’t forget to check out our media and our announcement channels, all details about the Solchicks IDO are available below.
- 24.11.2021 9 AM UTC — Whitelist start (mandatory for non-SNP stakers): https://gleam.io/yKcPv/synapse-network-solchicks-ido
- 26.11.2021 9 AM UTC — SNP stakers can start to register their interest in the guaranteed allocation
- 28.11.2021 9 AM UTC — End of time for Whitelist and for interest registration
- 28.11.2021 7 PM UTC — Whitelist Announcement, publication of allocation size, KYC for Whitelisted start
- 30.11.2021 9 AM UTC — IDO Sale Start
- 01.12.2021 9 AM UTC — IDO Sale End
- 02.12.2021 9 AM UTC — Return of overallocated unused funds
- Round — IDO
- Price per token — 0.05$
- Platform allocation — 400 000$
- Gleam competition allocation — 400$
- Gleam competition — number of winners — 100
What are Solchicks and why are they so interesting?
SolChicks is one of the first NFT-driven games built on the Solana blockchain centered around adorable SolChick NFT collectibles.
On our part, we thoroughly reviewed the project, team, roadmap, tokenomics and had fruitful meetings — we strongly believe in the project. If you would like to learn more about it, which we encourage you to do, please read: https://www.solchicks.io/wp-content/uploads/2021/11/SolChicks-Whitepaper-1.pdf
What risks do we see in the project?
The project has huge popularity at the moment and will be launched on multiple launchpads which will give access to a huge community and attract a large number of investors. Unfortunately, be aware that raising a lot of funds on multiple launchpads can make the secondary market for tokens less receptive than usual. The second aspect to look at is the fairly high initial market cap, which is $9,490,000 not including liquidity. The typical initial market cap for projects in this market is usually under $1,000,000. A higher initial market cap can diminish the potential for upside.
And visit their website: https://www.solchicks.io/
And always remember to not invest before you DYOR about the project!
How does the investment process look like?
There are two options for this:
- having tickets for the platform (guaranteed allocation).
- winning the Gleam competition, which is open to everyone. Here 10% of the investment pool is allocated for the winners. There is no overallocation here — it is reserved for our stakers.
For both options you need to pass the KYC process.
We give everyone the opportunity to reach the required tier for investment until the end of the registration. Everyone has to enter the platform and express interest in participating in the investment before this date.
How can you invest?
You will be able to invest on 8 networks (more networks to come soon):
- Binance Smart Chain
- Polygon (Matic)
You will be able to invest with multiple stablecoins:
About Synapse Network
Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto market. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.