Holder Incentive Program (HIPPO🦛)
こんにちは gamers 🕹️! In this post we’re introducing HIPPO 🦛, a holder incentive program for JEM/ETH LP and $JEM 💎 holders! First competition starts today November 9th, 2020 and ends on November 24th, 2020. Good luck!
The 📍is moving!
Roadmap
📍Pre-sale ➡️ Mining ➡️ NFT Marketplace ➡️ NFT Mobile Wallet ➡️ Games
Today
➡️Pre-sale ➡️ Mining 📍NFT Marketplace ➡️ NFT Mobile Wallet ➡️ Games
Why?
Hello fellow gamers 🕹️! We’re officially done with the milestones that helped launch our project (pre-sale and mining). Over the coming days, our team will continue to improve the UI for the mining app, feel free to ping us on TG for feedback.
With the launch of $JEM 💎, we found our community was roughy segmented into:
- 30% — DeFi + game enthusiasts
- 70% — DeFi traders
As we begin to release games and infrastructure throughout this quarter, we expect our community segmentation to transition towards:
- 70% — DeFi + game enthusiasts
- 30% — DeFi traders
Over the course of November, we have several important announcements, including the beta release of our DEX and an unannounced game (not CoinVille). We are forecasting that over time these events will change the topic of discussion of our channels from trading and price to technical support (DEX, mining and trading) and game enthusiasm.
However, we understand that throughout this transition, its important to incentivize stakeholders in our community who believe in us and have supported the project through either HODLing $JEM 💎 or providing liquidity on UniSwap — and that is you, our community.
How does HIPPO 🦛 work?
We’ve designed a Holder Incentive Program (HIPPO 🦛) to provide different ways to stake $JEM 💎 and earn more of them. Here’s what you need to know:
Duration
The program will run for 2 months, with a total of 460 $JEM 💎.
How many contests?
There will be 4 contests. Each contest will take place every 2 weeks.
Rewards per Contest
- 75 $JEM 💎 will be allocated for LP holders
- 40 $JEM 💎 will be allocated for wallet holders
Point-based System
The program will be point-based (a random selection will happen if and only if there is a tie). HIPPO 🦛 contests will happen twice a month during the first and last week of each month, where 75 $JEM 💎 will be distributed to the winners of each contest.
LP Holder Contest (75 $JEM 💎 per contest)
🏆 Rewards
🥇First Place
Total points needed: 80 pts
Reward (per spot): 15 $JEM 💎
Spots: 2
🥈Second Place
Total points needed: 60 pts
Reward (per spot): 5 $JEM 💎
Spots: 4
🥉Third Place
Total points needed: 40 pts
Reward (per spot): 2.5 $JEM 💎
Spots: 10
☑️ Criteria
- Holding +40 LP tokens (ETH & JEM) will get (80 Points)
- Holding 30–40 LP tokens (ETH & JEM) will get (60 Points)
- Holding 20–30 LP tokens (ETH & JEM) will get (40 Points)
- The first two highest LPs will be selected in case of a tie.
💰Wallet Holder Contest (40 $JEM 💎 per contest)
🏆 Rewards
🥇First Place
Total points needed: 80 pts
Reward (per spot): 5 $JEM 💎
Spots: 3
🥈Second Place
Total points needed: 60 pts
Reward (per spot): 2.5 $JEM 💎
Spots: 6
🥉Third Place
Total points needed: 40 pts
Reward (per spot): 1 $JEM 💎
Spots: 10
☑️ Criteria
- Holding +30 $JEM 💎 will get (80 Points) for HODLing minimum of 5 days.
*The first three highest +30 $JEM 💎 holders will be selected in case of a tie, with the highest holding period, i.e., .more than 5 days). - Holding 20–30 $JEM 💎 will get (60 Points) for HODLing a minimum of 5 days.
*The first six highest holders within the range will be selected in case of a tie, with the highest holding period, i.e., .more than 5 days). - Holding 10–19 in $JEM 💎will get (40 Points) for HODLing minimum of 5 days.
*The first ten highest within the range will be selected in case of a tie, with the highest holding period, i.e., .more than 5 days)
📝Assumptions
- The same wallet can’t win twice during the same month but can participate in the next month.
- In case no one could get the points needed, i.e., 80 Points for the first place, the award will be waived.
- The longest you hold a better chance to win in case there is a tie between multiple wallets.
The longer you hold the higher chances you get for maximum points you can get.
Start Date and Time
The first competition starts today November 9th 2020, at 9:00 PM EST, and will end on 24 November 2020 at 9:00 PM EST.
👉Awards will be announced and distributed within 2 days after the closing date.
💬 Social Media
Below are some important links to keep you updated with everything we announce.
- Website: itchiro.com
- Discord: discord.com/invite/M2UySpe
- Twitter: twitter.com/itchirogames
- Telegram: t.me/itchiro
