IDO, DEX listing, tokenomics update, project update

The date of our IDO and subsequent listing have finally been set. The IDO presale will start on Sunday, 5 September 2021 at 9pm CET. It will run until all the tokens are sold or until Friday, 10 September at 9pm CET. After it closes we will add liquidity on PancakeSwap immediately.

Key parameters

How to join the presale

You can join the presale easily: just send some BNB to our smart contract on the Binance Smart Chain. You will receive your ISH tokens immediately. The presale smart contract address you need to send BNB to is 0xA1ccFab4587Ee3633eDc8DcC5781F5F68794E91.

Secondary markets

In general we support the free market, and if one is able to find ISH at a better price somewhere else that is fine for us. Our recommendation on this matter is the following: only do it if you know what you’re doing. In particular, always make sure the price you’re buying at is lower than on our website. Some investors lost a lot of money in the previous sale by buying ISH on PancakeSwap at ridiculous prices.

Update on our tokenomics

  • one lock with 80% of total supply for 1 year, with a 2 x 6 months vesting period (see lock on DxSale)
  • one lock with 15% of total supply for 6 months, with a 5 x 1.2 months vesting period (see lock on DxSale)
  • of the remaining 5%, up to 3.5% (including the tokens sold in our first presale) will be sold through presale, and up to 1.5% will be used to provide liquidity on PancakeSwap. The liquidity will then be locked entirely, as will the remaining (unsold) tokens.

ISH in the short term

  • first, we will ramp up on marketing ahead of the next scavenger hunt. Our previous presale and scavenger hunt were marketed with a budget of a few thousands dollars, the next scavenger hunt will have ten times more! In particular, we have some partnerships planned with very big Youtubers and influencers, bigger than anything we had so far. So a lot of crypto investors and players will hear about the project for the first time.
  • second, demand will increase with each scavenger hunt. Starting from the next scavenger hunt we will require all participants to hold at least 5000 ISH in their wallet to be able to initialize the hunt and validate the keys. This will add a lot of demand to the token, considering we are aiming at more than a thousand participants. We will give more info on the next scavenger hunt in an upcoming Medium article.

So these will be two big demand drivers. In the contrary, supply will get more constrained since we are locking most of the tokens. Once our presale ends on the 10th of September, all of the tokens available will be either on PancakeSwap (with locked liquidity) or in the hands of existing investors, many of which don’t intend to sell unless they see a substantial return. It is therefore likely we will see a lot of volatility in the days following the listing.

As to the long term prospects, things are also looking very optimistic. This article is focusing on the upcoming IDO and the prospects of the ISH token. In the coming days we will publish a second article, which will describe the current state of the project, the upcoming scavenger hunts, what we can expect in the near future, and our plans to make it happen faster. Stay tuned!

As always, don’t forget to follow us on Twitter to stay up-to-date, and to join our Telegram to discuss the project or ask questions.

Interlude: the decentralized scavenger hunt