Creo Engine IDO review on KOMMUNITAS
Today we are going to review the CreoEngine platform launching on April 26 with an IDO on Kommunitas.
Initial market cap: $242,000
Swap Rate: 0.04 USDC (Polygon)
Total Raise: 100,000 USDC (Polygon)
Vesting: 10% TGE, linear unlock over 6 months (payment in USDC, Polygon; distribution on BSC.
CreoEngine is a decentralized gaming ecosystem platform.
“CreoEngine wants to bring non-Crypto game users and developers together with blockchain game users through the CreoEngine service platform.To do so, we provide PG solutions to play games without Crypto Currency.”
An important thing about CreoEngine is that they want to bring in gamefi that players can enjoy, not just for earning.
“All Creo Engine games are intertwined with each other, players can use their assets and materials in one game, or have them sent to the other games and utilize them there.”
The CreoVerse includes the following games:
- Evermore Knights (turn-based RPG game, demo available);
- Slime Haven (pet game, coming soon);
- Peony Ranch (harvest game, coming soon);
- Merchant Marvels (crafting game, coming soon).
Incubated by: SkyX, Muse, Babylons.
Backers: Moonwhale, Kommunitas, AB Ventures.
Partnership: a lot of launchpads (Gamestarter, Infinity Pad, MoonStarter, Synapse, KoiStarter, Karus Starter, MetaLaunch, UniCrypt, DAOStarter, MetaPad, etc.)
Total Supply: 1,000,000,000.
The initial circulating supply is set to 6,050,000 CreoEngine. 0.605% of the total supply.
Token Sale Price:
- Seed Sale $0.015–3%
- Private Round $0.025–4.5%
- Pre-Public Round $0.035–2%
- IDO Sale (held by Kommunitas) $0.04–1.5%
Also distributed to the team (10%), advisors (5%), game development (14%), staking reward (10%), ecosystem funds (9%), affiliate&marketing (5%), play-to-earn reward (20%), liquidity (10%), reserves (3%), partnership (3%).
The initial dump that will occur right from the seed and private can be caught. Taking into account the BTC of today, it should be easy to hit double the market cap. Vesting across 6 months would give some time for a more bullish pattern.