Announcing Glory Planet’s IDO on MoonStarter

Moonstarter
3 min readMay 25, 2022

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Dear Community,

We are happy to announce that Glory Planet has selected MoonStarter as one of their launchpads for their IDO.

About Glory

Glory Planet combines DeFi with the metaverse, offering a new P2E gaming experience where the uncertainty of being rewarded is removed completely.

Users can re-discover their personality traits by adopting a G-Pet: their very own AI companion created based on the user’s star sign. These cute pets enter this virtual world in their most basic form, and it is up to the user to train them through a series of profitable missions.

How it works
Once users are onboarded, they are guaranteed a ROI for every mission completed.

Users should download the Glory Planet app. After entering their birth date, they will receive a free G-Pet and be able to purchase a Mystery Box, and stake their NFT equipment to receive reward points which are convertible into the $Glory token.

The entire process has been gamified:

  1. G-Pets are AI companions that enter the metaverse in their most basic form, adopting the user’s star sign to determine their appearance and personality traits. Training these pets will earn players reward points for completing 30-day missions.
  2. Users also have the power to increase their pet’s earning power by acquiring more NFTs which can be staked with the G-Pet for higher rewards and faster completion times, as well as acquiring Re-load Packs to unlock higher earning missions.
  3. Users may buy, sell and trade all acquired NFT items on the in-app NFT Marketplace. Eventually, all in-game items will be tradeable NFTs.
  4. Users can stake their unused $Glory tokens within Glory Planet to receive a constant stream of $Glory rewards to be paid on a daily basis.

The $Glory token
The token has the following utility:

  1. In-game currency: Users must use a combination of $Glory tokens and reward points to make all in-game purchases.

2. Governance: Once the DAO has been created, token holders will be able to:

  • Vote on governance of DAO
  • Influence Glory Planet Fund allocation
  • Influence Glory Planet’s Roadmap & Vote on the construction of in-game structures

3. DeFi & staking opportunities

For more details, please refer to the pitch deck.

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Token Metrics

  • Initial market cap excluding liquidity: $300,000
  • Tokenomics are available here (p20)

IDO Details

  • Chain: BSC
  • Token: $GLORY
  • Date: 01 June 2022 at 12 PM UTC
  • Price per token: $0.02; 25% at TGE; 25% unlocked every week for the next 3 weeks
  • Total allocation: $100,000

How to participate ?

Please refer to our Medium article explaining our Tier System to get more info about our 2 paths to secure an allocation for Glory Planet. In order to participate, you have to complete the Google Form HERE before May 30th, 2022 at 11:59 PM (UTC).

For The Galaxy Path, you will need to start staking MNST by May 28th at 11:59 PM (UTC), at the latest.

Whitelist results will be published on May 31st at 1PM (UTC).

For The Competition Path, you will have to perform tasks of Gleam Competition. You can start by clicking HERE.

Important! You will need to hold at least 1000 MNST to qualify for the competition.

For both paths, KYC is required and you need to have it approved by May 30th — KYC Link HERE.

If you encounter any issue with your KYC process, please get in touch with our partner Fractal through one of the following channels:

  • Via email through support@fractal.id
  • Via the live chat available on Fractal’s website
  • Via Fractal’s telegram channel

About MoonStarter

MoonStarter’s mission is to be the single-stop multi-chain launchpad for selected projects without distinction of the blockchain used. While the current project landscape is scattered and dependent on the blockchain used, MoonStarter aims to offer the possibility to launch on one or multiple selected blockchains, using only one token on the Binance Smart Chain.

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