Today Warena has announced the upcoming launch of their IDO on Ignition. $RENA is the governance token for the Warena ecosystem and goes on sale from 11 am UTC on the 8th October 2021.
Warena’s upcoming IDO launch will see their ecosystem governance token $RENA go on sale to those on the Warena whitelist. This will give the NFT & crypto community a chance to become an early investor in the Warena metaverse. IDO investors will help to scale and expand the first-ever personalized and play-to-earn NFT metaverse game.
You can apply to get on the whitelist on Ignition from 1 pm UTC on Monday 27th September from here. Just hit the ‘Join Lottery’ button and input your details. Whitelist applications will close at 4 am UTC on September 29th.
Then, lottery winners will be able to start buying tokens from 11 am UTC on 8th October. Winners can buy $RENA tokens up until 30 minutes before the official IDO launches at 2 pm UTC on October 8th.
The initial price offering for $RENA will be $0.165 and the total supply is capped at 100,000,000.00 million tokens.
$RENA tokens will be used as the governance tokens for the Warena ecosystem. It’s an ERC-20 token that players can use to claim rewards if they stake their $RENA tokens. Furthermore, $RENA holders will be able to participate in key governance votes, giving them a voice in shaping the future of the Warena metaverse. Players will be able to earn $RENA when they play certain games within the Warena ecosystem and by creating user-generated content that’s used within the metaverse.
Warena is a play-to-earn metaverse that allows you to personalize your in-game characters and interact with characters from other universes like Cat Gunner and Axie Infinity in Warena combat games. Warena features thrilling action-survival gameplay where human and zombie teams face off against each other in a zombie apocalypse scenario. Players can choose to inhabit different lands, trade warriors & NFTs, battle against each other, and play in tournaments.
The Warena NFT game will be released in two phases. Phase 1 will take place in Q3 of 2021 and will see the launch of the 2D tower defense game. It’s a survival, player-vs-environment game that will require players to defend against the oncoming army of zombies. Phase 2 is set to launch in Q2 2022 and will unlock the full force of the Warena metaverse with player-versus-player features.
Warena has raised over $1.5 million in its latest fundraising round which is enabling them to continue working with industry-leading game developers and blockchain experts. They will help the team to create a ground-breaking NFT play-to-earn metaverse game that is highly engaging and extremely lucrative for their community. The investors involved include some of the most exciting blockchain investors, such as Genesis Builders, DAOMaker, Momentum 6, Master Ventures, Animoca, Clovers Ventures, and more.
Warena IDO Whitelist: https://ignition.paidnetwork.com/project/warena
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