Trailblaze is a new launchpad that has its token launch in early April 2024 on Enjinstarter. Trailblaze is part of a DAO led by Mighty Labs.
So, let’s take a closer look at what makes Trailblaze stand out.
The team behind Trailblaze is Mighty Labs. This is a multi-tier Wild West-themed DAO. There was an urge to find a new fundraising model. This should lead to:
The MIghty Labs DAO offers decentralized due diligence. This should open up fair access to capital for everyone. The elected DAO Councillors will find the quality projects to launch on Trailblaze. The projects that want to launch on Trailblaze need to hold an amount of $BLAZE. However, if they hold any NFTs by Mighty Labs, they receive discounted fees. For example, by having the Sheriff or Pioneer rank.
The platform will take a fee from every project that launches on Trailblaze. 10% will go to the treasury. The team uses this for incubation, acceleration, grants, and initiatives.
Trailblaze has five key features:
To take part in a Trailblaze IDO, you need to stake $BLAZE. This rewards you with points and allows you to enter the leaderboard. Unstaking $BLAZE triggers a 30-day cooldown period. However, you can also stake Mighty Labs NFTs.
This gives you multiplier bonuses for the leaderboard. Like the $BLAZE tokens, unstaking has a 30-day cooldown period. Here are the multipliers for the NFTs.
Your leaderboard position will give you a specific Member Tier and allocation. In addition, the tier tells you when you can join the sale. There’s a snapshot before each before a project is added. The three tiers are:
Furthermore, there are private and public pools for IDOs. The pools can have different settings. Private sales are exclusive to Firedrake and Phoenix NFT holders. Once you take part in a sale, on one of the five phases, there’s a built-in claim portal.
According to X, $BLAZE’s total supply is 420 million. Its token price will be $0.009 pre-IDO and $0.015 for the IDO. The Fully Diluted Value (FDV) is $6,300,000. Its TGE (Token Generation Event) will be in early April 2024. The initial market cap is $1,612,067.
Enjinstarter is one of the launchpads for $BLAZE. The team will announce another tier 1 launchpad later. Now, you can participate in a giveaway campaign.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.
We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.
Copyright Altcoin Buzz Pte Ltd.
Casper Network is betting big on EVM support, AI payments, and quantum-safe blockchain infrastructure with its new multi-year roadmap.
Microsoft's bet on Space and Time is starting to pay off with the launch of Dreamspace, a no code app builder
Worldcoin's World ID is now live and updated. It's out to prove you are human when on the web instead of dealing with a bot.
Introducing: Trailblaze.
Trailblaze is thrilled to announce a partnership with @daomaker Dao Maker invests & supports groundbreaking projects designed to shape the industry. DAO Maker's Launchpad represents a modern platform at the forefront of blockchain innovation, offering a gateway to the future!
The Pioneer NFT from Mighty Labs DAO Membership in the DAO - networking with great web3 minds from founders to artists to collectors - a share in the upcoming DAO rewards system - free access to the upcoming @Trailblazexyz academy - access grants for projects and initiatives Show more
All @MightyLabsDAO NFT holders can expect an airdrop of $BLAZE the native token of @Trailblazexyz Mint your pioneer now: mightylabs.io/mint Other benefits: - staking on Trailblaze for multiplier - web3 networking - voting on DAO proposals - share of DAO rewards system
