The Impossible NFT Whitelist #3 — PLAY Console NFT

The Impossible NFT Whitelist #3 — PLAY Console NFT

Charlotte

We're pleased to introduce our upcoming NFT Whitelist Sale #3 — PLAY. PLAY is transforming the gaming industry by providing a seamless integration of web2 and web3 gaming. Its mission is to bring the first billion web2 gamers into the web3 space by equipping developers with the tools they need to create, monetise, and scale blockchain-enabled games, while offering gamers an accessible and rewarding experience.

PLAY’s robust tech stack allows developers to easily build on-chain assets, manage in-game economies, and enhance player engagement with features like cross-platform play, NFT integration, and gamer profile management. For gamers, PLAY offers true ownership of digital assets and the ability to earn rewards that can be used across multiple games and blockchains without typical user experience challenges.

The PLAY Core Team brings over 15 years of experience in the gaming industry, having worked with prominent companies such as Glu, Zynga, Wargaming, Gameforge, Take-Two Interactive, Rockstar, Sony, and PlayStation. With a strong track record in game development, driving business growth, and building scalable systems, the team is well-positioned for success. Led by CEO Christina Macedo and COO John Nash, their deep expertise and extensive industry connections are key drivers of PLAY's growth. This leadership, along with the diverse skills of the broader team, sets PLAY up to make a significant impact in the gaming sector.

PLAY has already secured partnerships with leading gaming studios such as Gameloft and TapNation, onboarding over 2000 games and 300+ million monthly active users into the web3 ecosystem. With pre-approved integrations for Apple Store and Play Store, streamlined deployment into social platforms such as Telegram and Whatsapp, and compatible with key blockchain platforms Ethereum, Solana, Base, Monad, TON and Aptos, PLAY is positioned to drive the next phase of gaming innovation.

The PLAY Token

the PLAY token, which powers the platform and enables the creation of premium, infused on-chain assets. The token plays a crucial role in PLAY’s economic model, benefiting both developers and gamers as the ecosystem expands.

Some of the key PLAY token utilities include:

  • Asset Creation: Developers mint NFTs infused with PLAY, adding intrinsic value and enabling gamified staking.
  • Transaction Fees: PLAY covers fees for creating NFTs and on-chain activities, streamlining the user experience.
  • Economic Alignment: PLAY earns a 5% share of on-chain transactions, aligning its success with developers without upfront fees.
  • Interoperable Currency: PLAY token serves as a soft currency in games, usable across different titles for purchasing items and features.

PLAY’s Console NFT

Central to PLAY’s ecosystem are the Console NFTs, which integrate PLAY tokens to offer gamers and developers enhanced value and engagement. These NFTs come in three tiers—Gold, Platinum, and Diamond—each powered up with a specific amount of PLAY tokens (120, 1200, and 6000, respectively), providing intrinsic value and enabling staking opportunities.

Key utilities of the Console NFTs include:

  • Premium Access: Early access to games built on PLAY, and exclusive discounts on games.
  • Incentivized PLAY testing: get rewards for playtesting new games and providing your valuable feedback.
  • Boosted Rewards on exclusive events: Higher rewards in exclusive events and tournaments, with perks scaling by NFT tier.
  • Upgradable NFTs: Console NFTs’ level is determined by the amount of $PLAY tokens held by the user. Increase the number of tokens in your wallet to boost your perks (Please note that this feature won’t be active on day one, stay tuned for updates!)
  • Intrinsic value: Your Console NFT purchase comes with $PLAY tokens included!

The Console NFTs seamlessly combine premium perks with PLAY token integration, empowering players to participate in web3 gaming while driving adoption and growth for the PLAY ecosystem. And specially for our IF users, we have secured 2000 whitelist spots, regardless of tier, eligible users can freely choose and purchase their desired NFT tier.

For more information, explore PLAY’s whitepaper, with further insights to be shared across Impossible Finance and PLAY channels.

Participate in the NFT sale via the Impossible Launchpad 

Learn how to use the Impossible Launchpad 

Subscription Timeline

Subscription Period

Date & Time

KYC Preparation Period

Rolling ongoing basis

Staking Period (IDIA)

29/11/2024 10:30 AM (UTC) to 04/12/2024 10:00 AM (UTC)

Purchase Period

04/12/2024 02:00 PM (UTC) to 05/12/2024 02:00 PM (UTC)

Public FCFS Purchase Period

06/12/2024 02:00 PM (UTC) 

Distribution Period

~9/12/2024 to 10/12/2024


Timing and details to be confirmed by PLAY closer to the time. 

PLAY NFT Sale Details

Description 

Details

NFT Title

Console NFT

NFT Price (Tiered): 

Gold: US$9
Platinum: US$90
Diamond: US$450

NFT Sale Format: 

Staking Subscription

Available Network: 

Base

Purchase Token:

USDC

Sector

GameFi

Supported Staking Tracks: 

IDIA

Learn more about PLAY


Whitepaper

Exclusive Promotion for IDIA Stakers

33% cashback sponsored by Impossible Finance (Details see under Sale cards)

KYC requirements: 

Residents from countries or regions such as the US, Mainland China, and UN-sanctioned countries are excluded from participating. 

Launchpad Pools (Sale cards) 

Sale Card

PLAY Console NFT Allocation

IDIA Sale on ARB

500

FCFS Whitelist Purchase Sale on BASE

1500


Whitelist Allocation Sale

(Marketing activities and KOL activations are included in this section. Distribution amount will be decided by Impossible)

Public FCFS Purchase

For this NFT sale, we're employing the FCFS purchase model. Users can purchase Console NFT on a first-come, first-served (FCFS) basis without needing to stake IDIA tokens. This allows participation with a fixed cap allocation during the FCFS period, with the sale ending once the allocation is fully purchased.

The FCFS model lowers the entry barrier, driving user acquisition and capital for the NFT sale, while targeting new users in the crypto ecosystem.

Please note that, to qualify and be whitelisted for this sale, users need to participate in a campaign and have a KYC-ed wallet on Impossible Finance (details about the campaign will be shared). This FCFS model complements, but does not replace, the stake-weight allocation model for existing IDIA holders, and will be used selectively to enhance token launch performance.

Launchpad Staking Pools (Sale cards)

For PLAY’s Console NFT Sale, we will be having 3 sale cards to cater to different users:

  • IDIA Sale: No stake limit - Users can stake any amount of IDIA at any time as consideration for allocation. After the staking period concludes, the top 500 stakers will be eligible to purchase the Console NFT of their choice, regardless of the tier.

SPECIAL PROMOTION FOR IDIA Stakers: Users purchasing NFTs through this pool will be eligible for a 33% cashback sponsored by Impossible Finance. This means that PLAY team will receive the full amount raised and Impossible Finance will cover the cashback amount as a perk for IDIA holders.

  • Whitelist Allocation Sales: Users can participate in upcoming Whitelist marketing campaigns and complete community-oriented tasks to stand a chance of winning guaranteed Console NFT allocation. Stay tuned to the Impossible Finance social media channels and for more details!
  • FCFS Sale: Users can purchase Console NFT on a first-come, first-served (FCFS) basis without needing to stake IDIA tokens. To participate, users must participate in a quest campaign and have a KYC-ed wallet on Impossible Finance to be whitelisted and qualify for this round. During the FCFS period, users can purchase only 1 Console NFT of any tier they want, based on the specific conditions of this sale. Finalised terms will be shared on a case-by-case basis. Please note that the sale will end as soon as the FCFS allocation amount has been fully purchased.
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How to get IDIA tokens on Arbitrum?
IDIA is a native token on BNB chain, therefore, IDIA is available in other chains using bridging solutions.

IDIA (Stargate) contract address: 0x6Db8b088c4d41d622B44CD81B900bA690f2d496C

If users do not have IDIA tokens yet for the PLAY NFT sale, there are 2 options to obtain IDIA on Arbitrum:

How to get IDIA tokens on Arbitrum?

Option 1: For User with IDIA

The current live token on Arbitrum is IDIA bridged using Wormhole bridge. Users need to exchange their Wormhole-bridged IDIA for Layerzero-bridged IDIA.

This exchange can be done at IF swap, trading tokens 1 to 1 without any fee. Check how to do this below:

How to migrate your Arbitrum IDIA using IF Swap?

Step 1: Go to our Swap through this link

Step 2: Select IDIA AnySwap/Wormhole (depending on the ones you have on your wallet)

Step 3: Select IDIA Stargate

Step 4: Make sure your Wallet is connected and you have selected Arbitrum Chain

Step 5: Swap your existing IDIA into the new IDIA (approximately 1:1 ratio)

How to migrate your non-Arbitrum IDIA to Arbitrum IDIA using Stargate?

Step 1: Go to Stargate Transfer

Step 2: Connect your wallet

Step 3: From: Select IDIA and the respective Network it is currently on

Step 4: To: Select IDIA and Arbitrum as the Network

Step 5: Enter the amount

Step 6: Transfer

Option 2: For users without IDIA

If you would like to buy IDIA on Arbitrum, you can do so by purchasing it through Impossible Swap. You can follow the below steps:Step 1: Go onto Impossible Swap & connect your wallet using the Arbitrum network

Step 2: Select your tokens and make sure you select “IDIA (Stargate)”Tips

  • We created two pairs: IDIA/USDC or IDIA/ETH. Feel free to swap either.
  • “IDIA (Stargate)” is the new IDIA on Arbitrum.

Token Allocation Calculation

  • The token sale for PLAY will follow the standard Impossible Launchpad staking subscription format whereby users’ stakeWeight is calculated based on the proportional amount of IDIA or they stake and the duration they stake relative to the total amount and staking duration of the entire pool, with users’ staked IDIA balances recorded at the start of the stake period.
  • This design is currently selected to ensure that all users can have a proportionate access into the Console NFT depending on which pool they enter into. As we develop the Impossible launchpad product offering, we will enable other fair, smart allocation mechanisms which will further decentralize token distribution.

KYC Details

  • KYC Preparation Period: Rolling ongoing basis. We require 50 IDIA tokens to start KYC to prevent bots from spamming our KYC partner. Users can KYC anytime during the entire NFT sale timeline, but will not be able to stake until their KYC is completed. To maximize the staking utility of users' IDIA, users have to pass KYC before the staking period begins. In other words: 
    • If users pass KYC after the end of the staking period, they will miss the opportunity to participate 
    • If users pass KYC during staking period, they will only be able to stake for the remaining staking period and receive a lesser allocation than if they were to start staking from the beginning of the staking period
  • For more details about how to verify your wallet and pass KYC, follow our guide here!

About PLAY

Backed by top investors like Bitkraft, IOSG, Hashed, and Spartan, PLAY bridges web2 and web3 gaming with a scalable, chain-agnostic tech stack. Supporting 2000+ games and 300M+ monthly users, PLAY empowers developers to run games on any blockchain, create on-chain assets, enable cross-platform play, and publish across platforms like Android, iOS, Telegram, and WhatsApp. By unlocking digital asset ownership and enhancing monetization, PLAY is shaping the future of web3 gaming.

Website | X | Discord | Telegram | Whitepaper

About Impossible Finance

Impossible Finance is the go-to crypto investment platform that empowers you with high-quality, fair and accessible crypto opportunities. We simplify DeFi so you can enjoy fairer investing, cheaper trading and better yields through our accelerator, launchpad, and swap platform.

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Terms & Conditions: 

  • DISCLAIMERS, TERMS, and RISKS
  • Impossible reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
  • Users need to complete their KYC and also be from an eligible jurisdiction to participate in this token sale.