Skyward to host $SEAT Token IDO
Our upcoming IDO will take place on Skyward from 24th-30th May 2022.
We’ve been eagerly anticipating our upcoming IDO as much as our community has been since we announced our plans for our token launch.
Finally, it’s here!
After talking with several well-known launchpads, we decided to host phase our $SEAT IDO on Skyward. We’re confident that with their track record of hosting successful IDOs in the past, every member of our community will be able to participate in the $SEAT IDO in an easy, hassle-free and fair way.
To ensure you don’t miss out, pre-register for the IDO on our website. We’ll be sending out detailed instructions in the lead up to the IDO on how you can participate.
Why We Have Chosen an IDO to Launch $SEAT
We’ve built a strong community early on, which is a testament to the potential SeatlabNFT has to revolutionise the events ticketing industry. Holding an IDO now means our community will get a chance to invest early in the project alongside the institutional investors who have already backed us.
$SEAT will be available on exchanges soon. We’re already in discussions with several well-known platforms, and we’re repaying the support you’ve shown us by offering our community a chance to become early investors via an IDO before this happens.
Why Invest in $SEAT?
The $SEAT token is the native utility token of the SeatlabNFT platform and will give holders access to a number of benefits.
Anybody who holds $SEAT will be given access to a reduced buyers fee discount structure. By default, buyers pay a 5% fee when purchasing NFTs on our platform; we’re reducing this for $SEAT holders in line with the number of tokens they hold.
Secondly, we’re going to be introducing a staking system. Anybody who stakes $SEAT will be entitled to a share of half of all collected buyers fees. Half of all platform fees will always be paid out as staking rewards.
But that’s not all. Holders will also be given the option of claiming exclusive NFT rewards, free event tickets and other IRL experiences. This is done via a tiered rewards matrix that provides holders with access to different perks based on the number of tokens held and the length of time they’ve been held. This can all be done natively inside the SeatlabNFT platform.
How to Participate in the IDO
The first thing to do is register for the IDO on our website. We’ll be sending out reminders and more information in the build-up to the IDO itself.
SeatlabNFT is being built on the NEAR Protocol blockchain, so the second thing you need to do is ensure you have a NEAR wallet set up and funded with some $NEAR; you’ll need it to buy and store your $SEAT. You can create and fund a wallet through NEAR’s official website.
Our IDO will be hosted on Skyward to achieve price discovery. There is a cap of 2,112,500 $SEAT tokens available during phase one, and once they’re gone, they’re gone. So make sure you’ve got everything in place beforehand to participate.
If you are participating in the IDO via Skyward, you’ll need to deposit $NEAR into the contract sometime between 17th May and 23rd May to ensure you’ll receive your allocation of $SEAT at a low price during the sale period. We will be publishing a detailed step-by-step guide on how to get involved with the IDO soon; we’ll publish another update when that’s ready so keep an eye out for it.
For now, that’s all. But stay in touch with us using the links below. There are plenty of other great things to come and don’t forget you can still pick up one of our exclusive NFT membership cards that grant holders access to tonnes of great perks.
We appreciate your support. See you at the IDO!
IDO Pre-Registration — https://seatlabnft.com
Twitter — https://twitter.com/seatlabnft
Discord — https://discord.com/invite/kTpaEwACHQ
Reddit — https://www.reddit.com/r/SeatlabNFT/
Telegram — https://t.me/seatlab