I will teach you how to participate on ThorWallet IDO on Thorstarter platform to buy cheap TGT tokens. On the ThorWallet TGT token IDO you can purchase $50 dollars worth of tokens at $0.025 for total of 2000 tokens. There will be only 2500+ participants with 2% of total supply of 10 Million TGT tokens allocated on first come first serve basic on Monday Nov 15st. 4000 participants going to be very low and will be sold out very fast. TGT tokens will be available on Sushiswap on Nov 17th for trading. In Thorstarter IDO they have increased the allocation with THORStarter from 0.2% to 0.8% to meet the community demand. That’s 8m TGT worth $200k at the low $0.025 per TGT. The same price Round 1 private investors paid.
Early supporters of THORWallet i.e. our THORWallet Army NFT holders get a special treatment. An NFT counts as 7500 XRUNE, putting him directly into Tier 2 of the updated tier system of THORStarter.
How to participate in Thorstarter’s Launch?
In order to participate you need 4 steps.
Step (1) acquire 225 of XRUNE where 100 XRUNE (for Staking) and 125 XRUNE (Buying TGT token on IDO platform) .
(ii) stake for 100 vXRUNE in order to qualify for Thorstarter’s sale
(iii) acquire additional XRUNE,
(iv) deposit up to US$50 worth of XRUNE to Thorstarter for TGT.
Thorstarter has 2 requirements to participate → XRUNE and vXRUNE
Steps During Pre-Launch
Do the following four steps before the launch dates.
Step 1, To acquire XRUNE, you can purchase XRUNE on ThorWallet or SushiSwap. I would use for small transactions $0–$500 then use SushiSwap as it would be less gas intensive. If you do not yet have a wallet, we recommend using XDEFI or MetaMask. I will be using MetaMask.
Step 2, To acquire vXRUNE — You need to stake 100 XRUNE for 100 vXRUNE. This qualifies you to become a Valhalla Venture DAO member, which allows you to participate in Thorstarter’s token launch. To stake your XRUNE for vXRUNE go to https://app.thorstarter.org/governance/token and connect your wallet (XDefi, Metamask, TrustWallet)
Step 3. Click Connect Wallet.
Step 4. Lock (aka stake) 100 XRUNE. You will need ETH if your wallet as gas to stake.
Steps on Day-Of Launch
You must complete the Pre-Launch steps describe earlier before attempting the following steps on Launch date Nov 15th at 9 am Central Standard Time!
Step 1, Go to the Thorstarter APP at https://app.thorstarter.org/.
Step 2, Connect your wallet (XDefi, Metamask, TrustWallet) at the top right.
Step 3. Select $TGT
Step 4. Choose your investment size (up to $50)
Step 5. Deposit 125 $XRUNE
Step 6. You will receive your 2000 $TGT tokens on Nov 17th according to thorstarter page for ThorWallet.
ThorWallet (TGT) Risk vs Rewards
You have to be extremely lucky to be among 4000 participants for ThorWallet Initial Token offering on Nov 15th. The tokens will be sold out within 1 hour of launch time. You have to be online right at time of launch or you will be wasting $400 dollars worth of ETH on gas to get ready for this IDO. It is a risk you have to take for a reward of tokens worth $2000 to $4000 at token price of $1 to $2 dollars.
ThorWallet (TGT) Tokenomics
If 0.2% of TGT tokens offered is 8 million then 8 million / 0.002 = 4 Billion tokens. I would only expect fully diluted marketcap of $750 million. That puts token price of $0.1875. Also remember TGT will crash after it get listed on any exchange for few days just like it did for ThorSwap (THOR token).
ThorStarter Tiers
- Tier 1: Stakers of 2,500 XRUNE —Receives 1x Allocation Multiplier
- Tier 2: Stakers of 7,500 XRUNE —Receives 1.5x Allocation Multiplier
- Tier 3: Stakers of 25,000 XRUNE —Receives 5x Allocation Multiplier
- Tier 4: Stakers of 150,000 XRUNE —Receives 10x Allocation Multiplier
If you are high tier users (Tier 2 or above) with XRUNE staked as shown you can qualify for higher allocation rounds than just $50 worth of TGT tokens.
In Conclusion
On Wed November 17, ThorWallet TGT token will be available for trading on ThorSwap. TGT will we listed on Sushiswap on Nov 18th for trading.
If you enjoy this ThorWallet Initial Token offering on Thorstarter, please tip below (it does not cost you anything) and show some love. Happy crypto.
