To Infinity and Beyond with Monsta Infinite

Oxbull.Tech
5 min readSep 12, 2021

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As Oscar Wilde famously put it:

“Imitation is the Sincerest Form of Flattery”

One is unable to “copy” something that is not wanted. That’s one of the highest achievement one can achieve, to make an idea that somebody else wants to make a copy of it. Whilst this is not the best way to compare and benchmark, but if an idea is so appealing that it inspires copycats, then it must be doing so remarkably well.

Yes, But No.

What started out as an initial plan in February 2021 to fork the now very successful Axie Infinity and imitate it on every possible aspect has now realized a different approach. As the team behind Monsta Infinite dwelled deeper into the program, the team realized different problems rooted in the NFT game and is now striving to make a difference.

First and foremost, the team has identified the huge opportunity and potential of a lower entry cost and higher efficiency game on the Binance Smart Chain. Next, the team aims to further address:

  • The Pay to win phenomena and avoiding the disparity between normal/casual and rich players
  • The Balancing mechanism to avoid Overpopulated characters/pets
  • The absence of player hierarchy via game matching so that players get to play with players within similar capabilities

For more insights on the proposed gameplay, read here.

The Monsta Infinite team understands that not everybody is keen to understand cryptocurrency or Bitcoins, but hopes to empower the people with via internet finance to make blockchain technology easier to understand and accessible to all.

With a Doxxed (and game-loving) team that’s fueled by passion, they hope to bring the wonders of gaming to the world and how it can bring out the best of gaming and finance.

Tokenomics

Total MONI Supply: 270,000,000

  • Gameplay: 25%, Locked for 6 months, 1.85% to be released each subsequent month
  • Staking 24%, Locked for 6 months, 1.85% to be released each subsequent month
  • Team: 16%, Locked for 12 months, 2% to be released each subsequent month
  • Marketing: 9%, 2.78% to be released during Token Generation, 3.14% to be released each subsequent month
  • Private Sale: 6%, 5% to be released during Token Generation and 5% after 1 week. 8.33% to be released each subsequent month from month 3 onwards.
  • CEX Reserve: 5%, Locked for 12 months
  • Advisors: 5%, Locked for 12 months, 2% to be released each subsequent month
  • Ecosystem Fund: 5%, Locked for 12 months, 2% to be released each subsequent month
  • Presale (Round 2): 2.8%, 25% to be released during Token Generation, another 25% to be released after 7 days, and the remaining 50% to be released after 30 days.
  • Presale (Round 1): 0.2%, 10% to be released during Token Generation, remaining 90% to be released after 60 days.
  • Liquidity: 1%, Locked for 12 months
  • IDO: 1%, 50% to be released during Token Generation, 50% to be released after 30 days.

IDO price: TBA

Listing price: TBA

Listing on the 16th September 2021, Approximately 1800UTC.

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 Public Sale would be categorized into 3 groups:

Tier-1: Guaranteed High Allocation

For a High allocation and a Guaranteed participation of the MONI token, investors would be required to:

  • Enrolled Smart Stake for 8,000 OXB tokens

OR

  • Enrolled Smart Stake for 0.15 LP (Currently about 4,700 OXB/BUSD LP)

before 14th September, 0000 UTC (3 days before the listing) and MAINTAINED until token generation event. Auto enrollment will be carried out this round.

Qualified Investors will have a pre-allocated time of 9 Hours from 1630 UTC 15th September— 0130 UTC 16th September to contribute to the Public sale pool.

Allocated Contribution to be updated at Contributing pool.

Each qualified address will only be eligible for ONE transaction.

Tier-2: Guaranteed Medium Allocation

For a Medium allocation and Guaranteed participation of the MONI tokens, Investors who are keen to participate would be required to be:

  • Enrolled Smart Stake in between 1,000 OXB — 4,000 OXB before 14th September, 0000 UTC (3 days before the listing) and maintained until token generation event.
  • For Investors who were late and missed the staking deadline, the Time lock farm shall be available up until 16th September 2021 0000UTC, where Investors will still be allowed to participate in the IDO, subject to the staked OXB funds being locked for 7 days. Investors in the Time Lock farm will not earn APR nor reflection rewards.

Qualified Investors will have a pre-allocated time of 60 minutes to contribute to the Public-sale pool on the 16th September 2021 between 1200–1300 UTC.

Allocated Contribution to be updated at Contributing pool.

Each qualified address will only be eligible for ONE transaction.

Tier-3: Whitelisting program

Whitelist Gleam: https://gleam.io/XZI2g/oxb-whitelist-monsta-infinite

For a Small allocation of tokens, interested Investors will need to hold(Not Smart Stake) at least 50 OXB in their wallet and complete the Whitelisting form and requirements to stand a chance to qualify for the IDO.

The Public-sale pool shall be opened to the qualified public after the allocated time for Tier 1 and Tier 2 investors end. Contributions are on a first come first serve(FCFS) basis on the 16th September 2021 between 1400–1430 UTC.

Allocated Contribution to be updated at Contributing pool.

Each qualified address will only be eligible for ONE transaction.

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.

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:

Our content is intended to be used as information and education purposes only. It is very essential to do your own research and analysis before doing any investment decision or otherwise. Do Your Own Research.

Information is accurate at time of writing and can be subject to change.

Oxbull.Tech shall not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damages and/or expenses and/or any losses you may suffer arising out of such information or any reliance you may place upon such information.

Any further arrangements between you and any third parties contacted via the Website/Affiliated links are at your sole risk.

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Oxbull.Tech
Oxbull.Tech

Written by Oxbull.Tech

Bullish Action, Bullish Result. Top launchpad in both current ROI and all-time high ROI.

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