Dear Users,
Websea is about to launch its second Launchpad project - Meta Heaven Gold (MEHG), and open a special WBS session. This sale will be based on an investment model, where Websea will determine users' allowable investment amounts based on their 4-day average WBS holdings.
WBS Snapshot Period: May 19, 2024, 16:00 to May 23, 2024, 16:00 (GMT+8).
Details:
Token Name: MEHG
Total Supply: 1,000,000,000 MEHG
Launchpad Allocation: 5,000,000 MEHG (0.5% of total supply)
Exchange Rate: 1 MEHG = 0.01 USD (actual WBS exchange rate to be announced before investment)
Supported Model: Investment
Accepted Currency: WBS
Minimum Investment per Transaction: 10 WBS
Individual Hard Cap: 50,000 MEHG
Participation steps:
Holding Calculation Phase:
From May 19, 2024, 16:00 to May 23, 2024, 16:00 (GMT+8), record the user's average WBS holdings. During this phase, the system will snapshot WBS spot account holdings every hour (including spot available, spot order freeze, financial freeze, futures available, and contract order freeze).
Average Holdings = Total WBS Holdings at Snapshot / Total Number of Snapshots
*The total number of snapshots is determined by the start and end times. If a user's holdings start after the holding calculation phase begins, they will miss some snapshots.
The average WBS holdings will determine the maximum amount of WBS that can be invested.
Investment Phase:
Investments open on May 23, 2024, at 17:00 (GMT+8). Please invest within 24 hours; late investments will not be accepted. Note: WBS must be in the spot account to invest, and investments cannot be withdrawn once made. After completing the investment, the WBS will be locked and unavailable for related services (transfers, withdrawals, trading, etc.) until the token distribution is completed.
Closing entry channel on May 24, 2024, at 17:00 (GMT+8).
Final Calculation Phase:
From May 24, 2024, 17:00 (GMT+8) to May 24, 2024, 18:00 (GMT+8), token distribution results will be computed.
Distribution Phase:
On May 24, 2024, 18:00 (GMT+8), token distribution results will be announced, and the corresponding WBS will be deducted from users' locked balances. After the successful deduction of WBS, MEHG tokens and any remaining WBS will be distributed to users' spot wallets.
Reference:
About MEHG:
The utility token of Meta Heaven, which can be used to purchase the in-game assets.
Token Name: MEHG
Full Name: Meta Heaven Gold
Token Type: BEP20
Circulating Supply: 160,000,000
Total Supply: 1,000,000,000
Project Whitepaper: https://metaheaven-doc.gitbook.io/meta-heaven-whitepaper
Blockchain Explorer: https://bscscan.com/token/0x7128e7172e53fcd4123c5029e0f1399e61411cc4
Project Twitter: https://twitter.com/MetaHeaven_MH
Project Discord: https://discord.com/invite/MFMCSMUDkG
Risk Warning: Digital asset prices are highly volatile. The value of your investment may fluctuate or even lose the investment amount. You are jtoely responsible for your investment decisions, and Websea is not liable for any potential losses. Past performance does not guarantee future results. You should only invest in products you are familiar with and understand the associated risks. Please carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investments. This document should not be considered as financial advice. For more details, please refer to the "Websea Risk Disclosure & Disclaimer."
Thank you for your support!
Websea Team
May 18, 2024
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