Dec 7, 2020 - 2 days read

Higher DANK unlocks and MUU bonuses for investors

memeunity 17.5k

Via Medium

First things first, we’ve successfully passed our softcap for the private sale round! This is exciting, because now we have a good standing fund for some advertising, development, and so much more…

It’s raining MUU, hallelujer.

Hello, memers! We’re making some important updates and we’ve got some news to give you all.

First things first, we’ve successfully passed our softcap for the private sale round! This is exciting, because now we have a good standing fund for some advertising, development, and so much more. We’re already entering a nice phase in dev and will soon be able to show some first looks on the NFTs made for MU and our NFT Marketplace as well.

With this being said, we’ve finally got some dates in place. The private round will be closed on February 7th, whether we close our hardcap or not. If we have any excess DANK from this round left, we’ll burn it and update the total supply number.

With this in mind, we’ve also realized that the spotlight has been on DANK for quite some time, and maybe, just maybe, it’s time for us to shed some light over MUU, our second token. MUU is currently, to put it frankly, useless, but not for long. It will be the core driving factor of our staking platform in the future, because DANK is in limited supply compared to MUU, and will run out much faster. With MUU, we can sustain a powerful economy for staking, and explore a vast potential for the token as we move onwards with our roadmap.

Why we’re saying this, is because we made a decision. MUU deserves some love, and we won’t be holding it away from our backers for as long as we intended. Instead, we’ll hand it out now. Here’s what’s happening during this private sale:

  1. Instead of only owning a maximum of 20,000 DANK, the limit has been increased to 40,000 DANK that investors can own.
  2. The amount of DANK that you can earn in any bonuses we mention will be capped at 10,000 DANK. If you own any more DANK than that in bonuses, we’ll vest it.
  3. Vesting percentages after listing have been increased. Instead of 7.5% payouts per week, we’ll be releasing 15% of your tokens every single week, and once we launch staking, you’ll receive 35% of your DANK every week instead.
  4. Private investors who participated with $2,000 or more will receive a 50% bonus equivalent of their investment in MUU tokens. MUU tokens will be capped at 250,000 MUU per investor, and any extra MUU will be vested in the same manner as DANK.

MUU tokens will be sent within 2 days from now as we’re allocating the tokens to their own separate wallet and are adjusting everything beforehand. The value of a single MUU is currently $0.01 and we’ll announce when we plan to give it liquidity after we conclude the listing and staking of DANK.

Any extra DANK that wasn’t sent to previous investors will be sent within 1–2 days at max.

We’re getting close to the presale, and it’s time to prepare as we’ll be wrapping up the private sale in almost 10 days. More to come soon, so keep your meme game strong, everyone. ❤

Stay awesome, memers.