Same Rocket. Many Launches.
With SpaceX’s F9 due to launch in the next 24 hours, it’s time we give our early investors an update about what is happening behind the scenes.
Most importantly, we are now entering Wave 3 of our project, you will start seeing more evidence of our existence soon.
Having received lots of questions about the F9 project over the last weeks you’re going to find answers to some of them below.
What is the Space Cult?
We are the ones that we have been waiting for. We are the community-driven nature of F9. We can tell you that, in the tradition of our great ancestors, this project is setting a new standard of decentralization. We all follow the same star. We are the ones we are looking for, you could be the one you are looking for…
What is a launchpad?
A launchpad is a platform connecting early stage innovators (new projects to be launched) with a community of investors (F9 token holders). F9 is going to be the gateway to launch new projects onto Shiba Inu’s upcoming L2 blockchain Shibarium. Staking F9 will be required to obtain guaranteed access to future tokens launching on Shibarum.
Why does this make sense for the Shiba Inu ecosystem?
Above all, F9 aspires to ensure that all investments are safe. Ultimate fairness is an important aspect. It is therefore going to play a pivotal part in ensuring that all future launches onto Shibarium are rug-proof. It also gives F9 investors an opportunity to invest in a project they believe in early on.
How does it work?
We will announce any IDO on our website (www.f9launch.com). F9 holders wishing to participate in an upcoming launch will be required to stake their F9 tokens which will then be locked for a certain period of time.
Important: Tier eligibility is determined by F9 tokens staked not your total F9 holdings.
How many tokens can I purchase?
We have received numerous questions about the pool weights. So let’s walk through how token allocations are going to be calculated.
Pool weight represents the number of “shares” each eligible F9 staker will be able to contribute to a presale. The individual pool weight of all qualified F9 stakers is added up to give the total pool weight shares. The number of tokens to be sold in the IDO is then divided by the total number of pool weight shares to derive the allocation size of each pool weight share.
Example:
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Project „X“ has a total supply of 10,000,000,000 tokens of which they want to sell 2,000,000,000 during launch on F9.
500 Terran Plebs (Pool weight 1x) have staked their required 9,999 F9.
600 Moonboyoshis (10x) have staked their required 99,999 F9.
250 Martian Wojacks (50x) have staked their required 499,999 F9.
100 Galactic Chads (100x) have staked their required 999,999 F9.
50 Starlord „VC“s (420x) have staked have staked their required 4,206,969 F9.
This gives us the respective pool shares per tier:
Terran plebs: 500 x 1 = 500 pool shares
Moonboyoshis: 600 x 10 = 6,000 pool shares
Martian Wojacks: 250 x 50 = 12,500 pool shares
Galactic Chads: 100 x 100 = 10,000 pool shares
Starlord „VC“s: 50 x 420 = 21,000 pool shares
The total number of pool shares for this specific token launch is therefore:
500 + 6,000 + 12,500 + 10,000 + 21,000 = 50,000
The 2,000,000,000 tokens available are then dividied by the total numbers of pool shares: 2,000,000,000 / 50,000 = 40,000
This means that each pool share equals 40,000 tokens which gives us the following token allocation each staker can purchase according to their tier status for Project „X“:
Terran Plebs: 40,000 (40,000 x 1)
Moonboyoshis: 400,000 (40,000 x10)
Martian Wojacks: 2,000,000 (40,000 x 50)
Galactic Chads: 4,000,000 (40,000 x 100)
Starlord „VC“s: 16,800,000 (40,000 x 420)
Are there any projects to launch on F9 yet?
This is where it gets exciting. We are in discussions about our very first IDOs. Please understand we can neither confirm anything nor set a certain date at this point. Let’s just say we are doing our best to change the game for SHIBArmy…
What are the next steps?
Our aspiration is to introduce a state-of-the-art launchpad that is fit for any upcoming ventures. To the Shibarium and beyond.
As we are approaching launch we will be adding a „Submit Your Project“ section to our website soon, giving the community an opportunity to submit their project proposals early on.
**First edition of the Falcon 99 NFTS releasing tomorrow 8/29**
