Dear InitVerse Community Members,

We are excited to announce the upcoming first round of the InitVerse Community Trading Competition! Here, we will provide detailed information about the process, rules, and rewards of the competition.

Phase 1: Team Formation and Top 10 Token Voting

On July 8th, we will commence a week-long voting session on the InitVerse Telegram and Discord communities. Community members will vote to select the 10 most popular tokens. The voting process will be transparent, allowing members to view real-time progress.

Team Formation Rules: Participants must form teams of three.

Team Review Criteria:

• Must be registered CANDY users.

• Teams need to register their CANDY user information with community administrators.

• Each team must create a team poster.

Team Formation Reward: Each team member will receive 500 testnet USDT, distributed within 72 hours after the voting ends.

Voting Period: July 8, 08:00 — July 14, 12:00 (UTC+4).

Voting Method and Reward: Please join the InitVerse Telegram or Discord community. Register voting information through the link provided in the communities (including a 0x address for receiving points). After the voting ends, each participant will receive 100 INI points within 72 hours.

Top 10 Token Criteria: The top 10 tokens will be selected based on the number of votes, with each token needing at least 300 votes to qualify.

Phase 2: Announcement of Top 10 Tokens and Liquidity Injection

After the voting ends, the top 10 TOKENS, participant IDs, and team names will be announced on Twitter.

InitVerse will provide initial liquidity to the winning Tokens. Participants must inject 50% of the Tokens they created for the competition into this address: I44SxPJvbAtUEaRZ2mPovGzpULj9TbaKo5Hsoak9yeU6eLCDXQWWRMAVP

⚠️ Token Sale Restriction: Selling the remaining 50% of the tokens is prohibited. Violation of this rule will result in disqualification from the competition and forfeiture of any rewards obtained.

⚠️ Link Verification: All links must be verified by official members to avoid encountering fraudulent links during the event, which may lead to unnecessary losses.

Phase 3: Launch of the Official Trading Competition

The top 10 teams will enter the official trading competition, where each team can only trade the token they created. Other teams can still participate in trading for a chance to qualify as substitutes.

Competition Duration: Each trading competition will last 30 days, continuing until the mainnet launch (based on the announcement of the “Event Official Start” tweet).

Weekly Qualification Check:

• Trading Volume: The transaction volume of the participating token must not be less than 50,000 USDT. Token/Team below this volume will be disqualified and rewards forfeited. If there are vacancies, the 11th-ranked team from the voting can join the competition as a substitute, needing to achieve a minimum transaction amount of 20,000 USDT in the first week (only applicable for substitute tokens).

• Liquidity Pool: The participating top 10 tokens/teams must maintain at least 45% of their created tokens during the official competition assessment. For example, Team A created INIC, was voted into the top 10, and participated in the competition. After injecting 50% of the token into the official address, it will be added to the liquidity pool. Weekly assessments will ensure that 50% of the liquidity is not below 45%; otherwise, the team will be disqualified and forfeit rewards.

• Team Ranking Criteria: Teams will be judged based on their average monthly trading volume, with weekly assessments. Final rankings will be based on the monthly team transaction volume, which must not be less than 200,000 USDT. The top three teams will be selected monthly.

Transaction Volume Check Website: https://testinfo.obsswap.org/

OBSSwap Address: https://test.obsswap.org/

💪Unlock Trading Volume:

Teams can earn additional rewards by reaching trading volumes!

Criteria:

Achieve a minimum trading volume of 20,000 USDT and complete not less than 200 transactions to unlock a 1000-point reward. Completion of the 50,000 USDT trading volume upgrade is required to claim the reward.

Explanation: Based on 3 participants’ trading volume, each person needs to complete 67 transactions per week, with each transaction amounting to no less than 100 USDT. Each person only needs to trade 10 times per day, making it easy to complete this task within a week!

Achieve a trading volume of 50,000 USDT and complete not less than 300 transactions to unlock a 2000-point reward, which can be claimed upon completion.

Explanation: Based on 3 participants’ trading volume, each person needs to complete 100 transactions per week, with each transaction amounting to no less than 167 USDT. Each person only needs to trade 15 times per day, making it easy to complete this task within a week!

Achieve a trading volume of 100,000 USDT and complete not less than 400 transactions to unlock a 3000-point reward + 10 USDT, which can be claimed upon completion.

Explanation: Based on 3 participants’ trading volume, each person needs to complete 133 transactions per week, with each transaction amounting to no less than 250 USDT. Each person only needs to trade 20 times per day, making it easy to complete this task within a week!

Achieve a trading volume of 200,000 USDT and complete not less than 500 transactions to unlock a whitelist spot for INI mainnet TOKEN with a minimal value 100 USDT .

Explanation: Based on 3 participants’ trading volume, each person needs to complete 167 transactions per week, with each transaction amounting to no less than 400 USDT. Each person only needs to trade 24 times per day, making it easy to complete this task within a week!

Trading Competition Prize Distribution:

• The top three teams in monthly trading volume will receive INI mainnet whitelist prizes, with a minimum value of 100 USDT each. Each team can only receive the whitelist reward once; subsequent wins will receive other rewards instead.

• Rewards for unlocking transaction volumes will be distributed to each member, claimable only once.

• INI mainnet whitelist prizes will be distributed after the mainnet launch. All other activity rewards will be distributed within 72 hours after each trading competition round.

• Prize claims require verification of CANDY registration information. Winners need to DM the community administrator with the airdrop website address INI and 0x address, Twitter, Telegram, or Discord ID for verification.

Additional Rewards 🎉

In addition to team trading, InitVerse is committed to helping more people learn about and use the platform through various means. We recognize the power of the community, so we have established a promotion reward program, encouraging users to create creative articles or videos explaining CANDY/Testnet.

• Before creating promotional materials, please register with community management to the airdrop website address, INI and 0X addresses, Twitter, and Telegram or Discord ID verification. This will facilitate the community in providing related materials and distributing rewards.

• Videos should be at least 10 minutes long. Community managers can provide necessary information upon request and should be published on social media (YouTube, Twitter, etc.).

• Articles must include a correct basic introduction to InitVerse and accurate official contact information (Telegram + Twitter + Candy + Discord).

• The article’s theme is up to the creator.

• Reward: 500 testnet USDT + 500 points reward + 20 USDT (BSC).

• After completing the article or video, the link to materials must be submitted to the community manager. The content must be public and accessible for everyone to read or watch.

• Claim Conditions: Claimable once per month, submit the airdrop website address INI and 0x address, Twitter, Telegram, or Discord ID to the community administrator for verification.

Notes

This activity aims to enhance the experience of the testnet and does not involve any financial transactions. It is a simulated test activity. All tokens and USDT created on the testnet have no substantive financial effect. USDT (BSC chain) is a reward for participants’ and supporters’ actions. If any valid law in your area does not apply to this activity, please follow local regulations. INIChain reserves the final interpretation rights of the activity.

We hope the trading competition can bring a better competition experience to community members. Let us look forward to this exciting trading competition together!

If you have any questions or suggestions, please feel free to contact the official community management members.

InitVerse Team

Official Telegram：https://t.me/InitVerseWeb3

InitVerse Official Twitter：https://x.com/InitVerse

CANDY Official Website：https://candy.inichain.com/task

Contacts

Official community links and management members for InitVerse:

• https://t.me/InitVerseWeb3

• https://discord.gg/initverse

• https://t.me/Xdot42_ini

• https://t.me/Ayan68

• https://t.me/InitVerseFelix