A friend recently pushed a project to me, saying that the Uptopia platform is going to launch a token that will debut on the Base chain. I searched and found that quite a few people have already posted about it a few days ago. It will be held tonight at 9 PM Beijing time.
After chatting, I felt it was a good project, and the background of the project is quite solid. The data on the push is also impressive, so I support my friend in working on this project. If any friends are interested in blockchain games, you can continue reading.
This project also uses ETH for settlement on the Base chain. It seems that all the projects I participated in this year (referring to MIA) have this configuration!
This project is called $HEIST, and it is the debut token of @Uptopia_xyz Launchpad. Public subscription starts on June 24 at 13:00 (UTC) and trading will go live on June 25. The time window is not long, but all the information has been prepared.
There are several points worth noting about this project:
1. Project Background
Uptopia has secured investments from leading VCs like Coinbase and Pantera. The team comes from traditional Web2 game studios, with products having cumulative installations exceeding 3 billion. It can basically be said that they "understand products and know how to get things done".
2. Very Transparent
The initial market value of $HEIST is only $30,000, with no pre-mining and no team reserves. 100% of the tokens have been circulating in the market since Day 1. For projects accustomed to complex distributions, this "starting from zero" setup is actually quite clean.
3. Clear Liquidity Strategy
All funds raised will be used to provide HEIST/ETH liquidity and will be locked for 12 weeks. This means that the price will not fluctuate drastically due to liquidity withdrawal, serving as a safety net for participants.
The subscription arrangements are as follows:
Public subscription: June 24, 13:00 - June 25, 13:00 (UTC) [Beijing time is 21:00, brothers]
Announcement of subscription results / distribution time: June 25, 15:00 (UTC) [Beijing time 21:00]
Trading launch time: June 25 of the same day
Participation details:
Each person can subscribe for a maximum of 0.02 ETH (Base chain)
Total fundraising is 7.8 ETH, with excess refunded proportionally
Subscription address: [https://t.co/33zCEZFcBQ]
Note: Participation can only be through the official Uptopia wallet; other paths or contracts are not covered.
To add a bit of background: Uptopia is the first blockchain game issuance platform on the Base chain, and it will continue to launch more on-chain game assets. $HEIST is just the first step and more like the starting point of the entire platform ecosystem.
The project scale is not large, but the rules are clear and risks are controllable, making it a rare early-stage "test project". I also plan to participate a bit, both to support my friend and to observe the platform as an opportunity.
DYOR, manage risks, and if you are interested in blockchain games and early tokens, come and participate!