Sipher will soon hold a public token sale of 40 million $SIPHER tokens, with a goal of raising around $15 million.
Sipher, the upcoming Sci-Fi fantasy epic RPG, is getting ready for its highly anticipated public token sale. Beginning Monday, December 6, supporters of this cause will be able to purchase native $SIPHER tokens via its official website.
The token will be available for purchase for three days, or 72 hours. This will also be the first opportunity for enthusiasts to obtain $SIPHER tokens. Currently, 40 million $SIPHER tokens will be available for purchase. However, it represents only 4% of the total coin supply of 1 billion. Each of these $SIPHER tokens is currently only available for a one-time fee of $0.36. “That would be a 14.4 million market cap and a fully diluted market cap of 360 million,” it added.
Trading $SIPHER Tokens for $SIPHER Tokens
The Sipher token will be available for trading on Uniswap, the world’s largest decentralized exchange (DEX), shortly after the public token sale concludes on December 9. However, the Sipher team is also in talks with some of the top-tier centralized exchanges, such as Binance, FTX, OKEx, Huobi, and others.
Furthermore, Sipher intends to open its own staking pools with the $SIPHER/$ETH liquidity provision in the future. “We intend to open our staking pool and liquidity provision staking incentives pool shortly after the token launch,” the company said.
Users can participate in this token sale by using the Trezor hardware wallet, WalletConnect, or other popular wallets such as MetaMask.
Surprisingly, this massive offering for $SIPHER includes bot-resistant hardware as well as a system for fair distribution. Furthermore, the Sipher team has cautioned investors by uncovering several bogus Discord and Telegram channels. As a result, interested parties must only access the Sipher ecosystem through the official website.
Sipher is also preparing for a retroactive airdrop in place. This is intended to reward the game’s early adopters. As a result, holders of Sipher Genesis NFTs will receive an additional bonus. According to the official announcement:
“The team has decided to airdrop based on tenure to promote a fair system that rewards those Genesis Sipher NFT holders who have been with us longer or since the beginning.” This means that if you held a Genesis Sipher NFT for a longer period of time, you will be eligible for more $SIPHER tokens. In contrast, if you held a Genesis Sipher NFT for a shorter period of time, you would receive fewer tokens.”