OXB: Feeling the Need for Speed with KingSpeed [Updated Community Whitelist+ listing date+ Tier-3 Gleam]

TL;DR

Resources

Kingspeed is a Free-to-play and Play-to-earn racing game where players can use their NFT cars and upgrades against other players in a massive ever-expanding racing world.

The fully DOXXED team behind Kingspeed designed the game so that players can not only trade and collect virtual NFTs including Cars, Drivers, Gears, and Race Tracks, they can race them! The current racing game is being developed to provide Players multiple game modes and activities, allowing players to earn rewards while playing the game, in addition to collecting rewards and loot-boxes.

All users that own Kingspeed collectibles and play the game can earn benefits by:

  • Complete simple daily quests and earn rewards
  • Collect in-game drops such as loot-boxes, you are able to open or sell them on marketplace
  • Win in time trial mode
  • Win in multiplayer race matches
  • Win in 1–1 race matches
  • Win in race tournaments and events
  • Stake to receive rewards
  • Rent your car
  • Race Prediction

For more details on the game play and rewards, check out the whitepaper here.

Tokenomics and Utility

The Native Token, KingSpeed Crystal, $KSC is designed for:

  • To Purchase in-game assets
  • As fuel to open loot boxes
  • To stake and participate in governance votes
  • To rent NFT cars
  • To participate in Race Prediction
  • As rewards for in-game achievements
  • As 1–1 Racing participation fee

Total $KSC Supply: 200,000,000

  • Private Sale: 15%, 10% to be released during Token Generation, followed by 12 months linear release after an initial month Lock
  • Public Sale: 3%, 25% to be released during Token Generation, followed 25% each subsequent month
  • Foundation: 21%, to be released linearly over 60 months
  • Game Incentives: 31%, to be released linearly over 60 months
  • Airdrop: 3%, to be released linearly over 6 months
  • Liquidity and Listing: 10%, to be released linearly over 12 months
  • Team and Advisor: 15%, Locked for 6 months, followed by linear release over 24 months
  • KingSpeed Diamond Hand Community: 2%, 10% to be released 3 days after Token Generation, followed by 12 months linear release after an initial month Lock

To find out more about how to participate in the IDO on the day itself, read here. Using a MODIFIED Smart Staking approach to Oxbull.Tech’s IDO model, The IDO details as follows:

Tier-1 and 2 Qualifying Deadline: Hold OXB by 30th November, 0001UTC
Tier-1 Contribution: 2nd December 2021
Tier-2 and 3 Contribution: 3rd December 2021
Tier-3 Gleam Link: https://gleam.io/n6ivZ/oxb-whitelist-king-speed
Contribution opens here:https://www.oxbull.tech/#/presale

TIER-4: KingSpeed Community Whitelist

Community Registration starts from 28th November — 2nd Dec 0100UTC.
Register for the community whitelist here: https://gleam.io/tAGvE/kingspeed-x-oxbull-ido-community-whitelist

Community Contribution Window: 3rd December 2021, 1330UTC
Contribution opens here:https://www.oxbull.tech/#/presale

Please follow the Official Telegram Group for more info, development and subsequent Whitelist results.

Top 100 entries and 50 random entries will get whitelisted and notified via the registered email. 100 allocation slots will be available for contribution on a strict First Come First Serve basis.

Note: Community whitelist does not require holding OXB tokens.

IMPORTANT NOTES: Qualification of Tier-1 and 2 will require ENROLLING SMART STAKING. In the event where an Investor who has not enrolled in Smart Staking but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.

Smart Staked holdings are required to be maintained adequately until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed. No IDO Tokens will be provided and No Refunds will be made.

Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.

Disclaimer

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