TaleCraft IDO – Massive Profits and an Overlooked Airdrop
- Less than a week after the start of open trading, TaleCraft price is stable at 50 times the IDO valuation.
- Every single XAVA staker who claimed an allocation is also eligible for an airdrop worth more than the potential investment amount
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Following up on our Avalaunch IDO summary, TaleCraft has been the latest moneymaker for XAVA stakers.
The initial DEX offering has concluded, and every single buyer has seen massive profits from it. Just days after the first unlocking event, the token reached a price of $16.60, which is almost 60 times the IDO purchase price. It is currently still stable at $13.50, after the most substantial investor token unlocking, which gave IDO participants access to 35% of the assets they had purchased. Every subsequent weekly unlocking will only grant access to another 5%.
In addition, a follow-up airdrop granted XAVA stakers with approximately one CRAFT token per every 120 XAVA staked. Given that 120 XAVA only gave the ability to purchase somewhere around 15 CRAFT tokens (sold for $0.28 each), at the current token price the airdrop reward alone is higher than the invested amount for practically every participant.
Liquidity has been steady despite the recent crypto crash, and the tokenomics suggest that interest in the token might increase instead of fading after the pump. CRAFT tokens will be required for the creation of NFTs which could potentially attract gamers and speculators alike.
- Three new Avalaunch IDO tokens are currently valued significantly higher than their sale price.
- The upcoming Imperium Empires game is perhaps the most hyped up project to launch a token on the launchpad.
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- In addition to the first two airdrops, multiple others are planned, while the platform will also grant access to validator and liquidity provider rewards, index performance fees and DAO voting.
- The circulating supply of the token is spectacularly low since 81% of the initial tokens are currently locked in staking.
- The worst performing IDO on the platform is still up in price 3 times, despite not even having a finalised product, while the best performer increased its value 150 times in less than a week.
- Avalaunch also has a clever tokenomics system, aimed at attracting new small-time investors.