Yawww - Solana's P2P Trading Platform
  • 📖The Yawww NFT Whitepaper
    • Introduction
      • Past Accomplishments
      • Future Roadmap
    • The Yawww Platform
      • P2P Trades
      • P2P Loans
      • P2P Sales (Marketplace)
      • Platform Power Ups
      • Yawww Platform Rewards
    • Yawww NFTs
      • The Quantum Traders
      • The SolSteins
      • Staking Yawww NFTs
      • $YAW Airdrop for Yawww NFT Holders
    • The $YAW Token
      • IDO Details
      • The Yawww Treasury
    • The TL;DR (Summary)
  • 📄Appendix
    • The Bull Case for Solana NFTs
    • Team and Vision
    • Testimonials
    • Disclaimer
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  • The $YAW IDO (Initial DEX Offering)
  1. The Yawww NFT Whitepaper
  2. The $YAW Token

IDO Details

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Last updated 3 years ago

The $YAW IDO (Initial DEX Offering)

We will host the public sale of our $YAW token through the Raydium AcceleRaytor.

  • Date: March 9th, 2022

  • Price: $0.20 USDC per token

  • Total Sale: 7.5M $YAW tokens (worth $1.5M USDC)

With only 8.87% of $YAW's fixed supply in the initial circulation, a $0.20 IDO price values the platform's market cap at around $6.317 million. We have spoken with, partnered with, and received counsel from several VCs who have confirmed this market cap as a fair valuation given our revenue projections and size of addressable market.

The IDO will be a lottery style sale, in which you must purchase tickets on the Raydium platform. Each ticket will be available for purchase for $125/ea and will represent 625 $YAW.

After the sale concludes, winning tickets may be redeemed for $YAW and losing tickets will be refunded for the same USDC amount.

The maximum number of tickets you can buy is limited. You are allowed to buy one ticket per Yawww NFT held (snapshot taken at a random date), and you can purchase additional tickets for staking $RAY on the Raydium platform.

Immediately after the sale, the Treasury will stake $2M TVL on Raydium DEX to provide liquidity for trading.

For more details regarding the IDO: please see Medium article by Raydium:

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LogoYawww is Launching on AcceleRaytorMedium