MultiSat Genesis Fair Launch Guide

The guide will provide users with detailed rules for the MultiSat Genesis Fair Launch, guiding them on how to participate and earn $MSAT rewards. MultiSat is the first community-owned multi-chain inscription marketplace, supported by AlienSwap Labs and Next Leader Capital. 100% of the MultiSat platform tokens will be airdropped to the community. All revenues generated on the MultiSat platform will be fairly rewarded, with 100% going to MSAT holders and builders.

With no VCs and an initial total marketcap of $500,000, MultiSat is a truly bottom-up multi-chain inscription trading marketplace, the MultiSat Genesis Fair Launch is set to start on January 22, 2024, at 20:00 (UTC+8), and the following are the participation rules and details.

Join Genesis Fair Launch now:

MultiSat Genesis Fair Launch Rules

1、Genesis Inscription Mining

Time: January 22, 20:00 (UTC+8) - January 25, 20:00 (UTC+8)

Allocation Cap: 250 million $MSAT (25%)

  • Inscription Mining Phase 1: 2024-01-22 20:00:00-2024-01-23 20:00:00, Allocation Cap: 100 million $MSAT (10%)

  • Inscription Mining Phase 2: 2024-01-23 20:00:00- 2024-01-24 20:00:00, Allocation Cap: 100 million $MSAT (10%)

  • Inscription Mining Phase 3: 2024-01-24 20:00:00 - 2024-01-25 20:00:00, Allocation Cap: 50 million $MSAT (5%)

During the Genesis Inscription Airdrop event, users will spend the gas cost on-chain and 0.0005ETH, 0.005ETH, or 0.05ETH Inscription Mining Fee. They will receive an airdrop of 250 million $MSAT based on the proportion of the Inscription Mining Fee.

After the event, the Inscription Mining Fees not airdropped will be fully refunded after the mining ends.

2、Genesis Trading Mining

Time: January 25, 20:00 (UTC+8) - January 28, 20:00 (UTC+8)

Allocation Cap: 250 million $MSAT (25%)

  • Trading Mining Phase 1: 2024-01-25 20:00:00 - 2024-01-26 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 2800 ETH, with a total reward pool of 100 million $MSAT(10%).

  • Trading Mining Phase 2: 2024-01-26 20:00:00 - 2024-01-27 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 4200 ETH, with a total reward pool of 100 million $MSAT(10%).

  • Trading Mining Phase 3: 2024-01-27 20:00:00 - 2024-01-28 20:00:00, Allocation Cap: the trading volume cap for this phase is set at 4200 ETH, with a total reward pool of 50 million $MSAT(5%).

Please note that users will receive $MSAT from trading fees on a first-come, first-served basis, and any excess amount will not be refunded.

3、NFT Ecosystem Airdrop

Staking Time: January 22, 20:00 (UTC+8) - February 1, 20:00 (UTC+8)

Unstaking time: February 1, 21:00 (UTC+8)

Allocation Cap: 250 million $MSAT (25%)

20% of the total supply will be airdropped to users participating in the AlienVerse Genesis Planet Pass staking. Users who stake their AGP tokens into the airdrop pool will receive 200 million $MSAT staking rewards. Those who stake earlier will receive more $MSAT staking rewards.

The remaining 5% of the total supply, which is 50 million $MSAT, will be airdropped to users trading on the AlienSwap NFT marketplace.

Specific participation steps:

Genesis Inscription Mining

1/ Connect your wallet. You can choose from the following wallets to connect.

2/ Click "Fair Launch Airdrop". Choose the phase you're in, and then go to inscribe.

3/ Select an inscription in the "on going" phase and click "mint".

4/ Click "Mint Now".

5/ Choose the Inscription Boost you want and then click "Got it, Mint". Please note that during the three-day period of Genesis Inscription Mining, inscription on the platform requires payment of an inscription fee. If you only wish to obtain inscriptions without $MSAT, you can perform inscriptions without paying the inscription fee through the contract. Click "copy mint text" to obtain the string.

6/ You can check the current total inscription fees consumed, the inscription fees you consumed, and your estimated $MSAT.

How To Stake Your AlienVerse Genesis Pass

1/ Go to the Staking section on Multisat - Fair Launch Airdrop page:

2/ Click the "Stake" button and select the AGP(s) you want to stake:

3/ Confirm the staking on the page and in your wallet to finish the process.

4/ Users can unstake after Feb. 1st 21:00 (UTC+8). To unstake, click "Unstake" button on the page to proceed:

The Genesis Fair Launch will live on January 22 at 20:00 (UTC+8). Get ready to embark on your journey of Inscribe, Trade, and Earn. Let's join together in this fair victory, for the community.

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