Countdown has begun…Forge Finance IWO Launching on Wizard!!!
Welcome to the Second IWO on Wizard (Forge Finance).
Without wasting time, lets get straight into the details of Forge Finance IWO which is taking place on March 17th, 5:30pm UTC.
A little introduction about Forge Finance for those who don’t know already. It is an ingenious project founded upon the core values of creativity, community, education, integrity, and trust that was inspired by the methodologies and frame shifts presented by the “Wolf Den”. The main goal of forge is to provide a comprehensive platform for sophisticated investors to learn how to design, create, mint, and utilize NFTs in real world business.
Now, let’s have a look at the details of IWO…
Overview of Tiers:
- Tier 1: Wizard Tier- 3,000 $WIZARD tokens
- Tier 2: Knight Tier- 1,500 $WIZARD tokens
- Tier 3: Barbarian Tier- 300 $WIZARD tokens
How to participate:
Investors will need to hold the $Wizard tokens in the wallet to participate. There is no need to stake. $WIZARD LP will also NOT count and the tokens must be available in your wallet to be eligible.
Bookmark the Website:
The direct link to the website is given below.
https://www.wizard.financial/iwo/list
Make sure you are connected with your wallet on Wizard Website and your wallet is on BSC Mainnet.
Allocations:
Each tier has their own pool for allocations and this may vary from each IWO.
· Wizard Tier =50%
· Knight Tier = 30%
· Barbarian Tier =20%
*Participation is First come first serve (FCFS).
*Whitelist spots will fall under Wizard Tier allocations.
These whitelist spots will have 30 minutes to get their allocation in before it resumes into normal FCFS. This allocation time will go on the same time as the Knight Tier & Barbarian Tier FCFS allocation time.
Currently a way to get onto whitelist would be to have Magic Box Collection NFT in your wallet (remember we told you this would be valuable). If you do not have one of these you will not be able to get on the whitelist.
How IWO will work:
The duration of presales will be 12 hours but who knows if it is all done within a few hours. This will allow for a set time and allow for everyone to be ready for launch. So, it is highly recommended that you must be all ready at the time of launch.
It will be a token claim not airdrops so you will need to revisit the page where you initially claimed when your vesting time is ready. Remember you will need $WIZARD in your wallet to be able to claim tokens and this will apply to allocations for each vesting cycle
Timings:
The IWO will take place for a good 12 hours and the details are as follows:
· Time of IWO: 5:30pm UTC March 17th,2022
· Time of Listing: 6:00am UTC March 18th,2022
When the IWO is live the allocations will move from “Upcoming” to “Live” make sure to press the “Live” section of the website.
Example of our previous IWO so you can see the layout
Whitelisted investors will have 30 minutes (this may vary based on each launch) as the rest of the tiers go through their FCFS portion.
No guaranteed allocations in FCFS
If you are whitelisted and hold Wizard tokens you will be able to buy in the whitelist round & the FCFS round
If you hold 3k Wizard tokens you will be able to contribute in all tiers for the max allocation provided you are fast enough to move between each one to contribute
Example: IWO starts at 5:30pm UTC. Whitelisted holders will have 30 minutes to get their allocations in for Wizard Tier while everyone else has their opportunity for FCFS & at the end of the 30 minutes the Wizard Tier will open up for FCFS
Contribution & Details:
You can see the extra details within and be able to allocate once the FCFS round has started. The contribute button will appear above the white box “Enter address to verify”
When IWO ends, wait for an announcement from us about claiming IWO tokens. You’ll be able to claim IWO tokens once we announce.
To claim IWO tokens move over to “Success” section and select the tier(s) you contributed in. Hit claim button and approve transaction to get tokens in your wallet.
Forge Finance Launch Details:
Amount to be raised: $100,000
Token- ($FORGE)
Vesting percentage: none
Min contribution: none
IWO Price: $0.0066
Total Supply: 50 Million (50,000,000)
Tax on buy: 7%
5% => Direct Buyback on $GUARD ($GUARD Sent to a Treasury Wallet)
2% => Swap & Liquify Buyback ($BNB Sent to a Separate Farming/Treasury Wallet)
Tax on sells: 7%
5% => Direct Buyback on $GUARD ($GUARD Sent to a Treasury Wallet & Compounded)
2% => Swap & Liquify Buyback ($BNB Sent to a Separate Farming/Treasury Wallet)
Website: https://forgefinance.io/
Telegram: https://t.me/ForgeBSC
Whitepaper: https://forge-project.gitbook.io/forge-finance/
Contribution Amounts For Tiers For ($FORGE)
Tier 1: Wizard Tier- 3,000 WIZARD tokens — max 1,750 BUSD
Tier 2: Knight Tier- 1,500 WIZARD tokens — max 1000 BUSD
Tier 3: Barbarian Tier- 300 WIZARD tokens — max 500 BUSD
Example Scenario:
I hold a NFT from Magic Box Collection and I also own 1,500 WIZARD tokens in my wallet. I have 5k BUSD in my wallet. I have 30 minutes to allocate my Wizard Tier allocation which I do max of 1,750 BUSD.
I then allocate 1,000 BUSD into the Knight Tier, but I am too slow to make it to the Barbarian Tier before this pool fills up. So I have allocated in Wizard Tier (1,750) & Knight Tier (1000)- my allocation is now 2,750 BUSD.
Can’t someone take the entirety of the allocation?
Theoretically if they were fast enough with multiple wallets and or multiple people all with $WIZARD tokens and were fast enough sure.
It is our job as a launch pad to fill the allocation.
As an investor if you are unable to get in, this may mean you either sit it out or you wait for the inevitable dip that comes from the presales to be able to buy in.
So that’s everything you need to know about the Forge Finance IWO. Just grab your calendars and mark the date because there’s not much time left in it.