Launchpool | Pop Up Press | March 4th
A fast-paced news update from the Launchpool team.
Announcing Launchpool’s Next AME - NiftyFootball
A Play To Earn Football Management Game On The Polygon Blockchain
LPOOLers, it is time for another Allocation Mining Event! NiftyFootball is coming to Launchpool for a pre-IDO AME on Monday 7th March 2022.
NiftyFootball is an exciting football based NFT collectable game that allows players to buy pseudo-random packs of cards which they can collect, trade, and play with friends. Players are minted and assigned various traits that make up the DNA of that unique trading card.
Starting off with a squad of inherited footballing prospects, backroom staff and a basic ground, you must play, train, build and trade your way to the top. With NiftyFootball you take on the challenge of managing a non-league team from the very bottom of world league stats to total global domination.
The Schedules For AME Are Now Consistent
A Consistent Pattern For AMEs For You To Plan Around
You may have noticed with recent Allocation Mining Events that we have developed a consistent ‘rhythm’ for the stages of the AME.
It goes as follows;
Deposit Window Opens: - approximately 12pm UTC* on Monday
Allocation Mining Starts (allocation rewards): - approximately 12pm UTC* on Tuesday
Allocation Mining Completes: - approximately 12pm UTC* the following Monday
Payment Window Opens: - approximately 12pm UTC* on that Monday
Payment Window Closes: - approximately 12pm UTC* on Wednesday
We must stress two (2) things about timings.
Firstly, each AME is unique, and we will post the details for the “exact time” (Blocknumber) for each AME on the Launchpool Medium page.
Secondly, and this is important, timings are always ESTIMATED. Why? The staking contracts which facilitate an AME are governed not by the date & time, but by the completion of block numbers on the blockchain.
Pro Tip: we use this time converter to ensure we know our local time vs the UTC time
For AMEs on the BSC network, we use BSCscan to estimate when a specific block will be mined. Block numbers are shared on the AME Details Medium post, so you can monitor these yourself. Our advice is to always act promptly when deciding to stake into a project or to make a payment, as the blocks can be mined at a faster rate than estimated.
Happy AME Staking!!
Hints, Tips, Tools And FYIs: Cowswap – Beating the Bots
Beware And Take Maximum Advantage!
Front-running bots on AMMs, like PancakeSwap can take a bite out of your wallet. The bot sees the transaction waiting in the mempool, making a quick transaction before yours, and pocketing a small difference.
You can see this happening on every coin. You can avoid this by using CowSwap, it hides your trades from the mempool, so the bots can't see them. We aren’t affiliated with CowSwap, but members of the team use it, so you can check it out yourself if you’d like.
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🗞️ In other Crypto news….. 📰
Lost Treasure, Bitconnect Founder Indited, and ConsenSys Possibly Investigated
🤨 Lost Treasure 👀
The biggest Arbitrum NFT marketplace; Treasure, has just been hacked with its Co-Founder tweeting that everyone should delist their NFTs as soon as possible.
Arbitrum has been gaining popularity as a L2 solution on Ethereum with Yearn recently adding its massive DeFi platform to the scaling solution.
₿ Bitconnect Founder Indicted 🤯
The founder of the infamous ponzi scheme Bitconnect, Satish Kumbhani, has been indicted by the federal grand jury for the whopping $2.4 billion dollar scam that he is alleged to have perpetrated.
The charges include conspiracy to commit wire fraud, wire fraud, conspiracy to commit commodity price manipulation, operation of an unlicensed money transmitting business and conspiracy to commit international money laundering.
If convicted he faces a maximum sentence of 70 years in prison. Hopefully this concludes the end of this bizarre saga.
🧐 ConsenSys Possibly Investigated 🤔
ConsenSys, the makers of Metamask and Infura, are being pressured by shareholders to being audited after accusations that: “fundamental IP and subsidiaries were illegally transferred from ConsenSys AG (CAG) to a new entity, ConsenSys Software Incorporated (CSI) and used to fundraise”.
If this turns out to be true, this could spell disaster for the company, which currently runs two of the most important parts of Ethereum’s infrastructure.
That’s all for this week! Watch your inbox for next week’s Pop Up Press!
For more news about the projects we are launching on Launchpool, keep an eye on our Twitter, Telegram, Reddit, and of course come visit us at our Website and App. For Launchpool Labs, keep in touch with developments and meet the first Cohort in our Discord channel.