Both ATLAS and POLIS sold through a token offering
The upcoming space game Star Atlas will launch two different tokens for its Solana-powered play-to-earn universe. On August 26th they will launch ATLAS for the game and POLIS for the game’s decentralized autonomous organization, or DAO.
Next week, Star Atlas will host two Initial DEX offerings (IDO) on the Apollo-X and Raydium launchpad platforms. In addition, they will do an Initial exchange offering (IEO) on crypto exchange FTX. Each of the exchanges has different requirements for participating, including KYC restrictions, and holding certain tokens.
Read more about the sale on:
- FTX Exchange – Lottery system with 5 FTT per ticket, minimum USDT, KYC level 2
- Apollo X – Staking PAID on BSC for tier entry, whitelist, first come first serve.
- Raydium – Ticket distribution based on RAY holders.
In addition there will be an airdrop for all users who hold Rebirth Meta-Poster NFTs. These NFTs need to be in a wallet, and not listed or staked on any marketplace or platform. These NFT posters need to be in a Solana wallet. More details in the official blog post.
The game universe will have 36 billion ATLAS tokens, while the DAO comes with 360 million POLIS tokens. The DAO will govern the Star Atlas ecosystem, which merges elements from gaming, digital collectibles and decentralized finance. The self-proclaimed ‘next-gen gaming universe’ will tap into the Unreal Engine 5.0 graphics engine, putting Star Atlas on par with modern console and PC games.
As said, Star Atlas will dive deep into play-to-earn gaming, embracing elements of decentralized finance, NFTs and of course gaming itself. This is one of the latest trends in the dapp and blockchain space. Market leader is Axie Infinity, running on the Ronin sidechain. On Binance Smart Chain there’s CryptoBlades, while Alien Worlds runs on Wax. Each of these games have made headlines this year.
Star Atlas runs on Solana, what is Solana?
The best known blockchain overall, is still Ethereum. However, that blockchain has lots of problems with gas fees, making certain transactions ridiculously expensive. Now those developers are working on solving them, but these problems have given space for others to rise. So here we have Solana, a blockchain with cheap and fast transactions, that supports different ecosystems like gaming, DeFi and NFTs.
Solana is an open-source project implementing a new permissionless blockchain able to achieve 50,000 transactions per second. Founded by former Qualcomm, Intel, and Dropbox engineers. For a more technical take on Solana and its features, please read our in-depth article.