For more information, please read the cIFO Medium Article.

As a teaser, here’s how the cIFO Card would look like:

Recap: Points System!

In order to recognise users who support our IFOs and other products, point holders with more than 800 points will be able to participate in this round’s private sale. Please refer to this medium article for more information on the point system. You can check the number of points here you have under your profile.

What is Chibi Dinos?

Chibi Dinos is a basketball and dinosaur themed metaverse with games such as Primal Hoop, an arcade basketball game with an adventure role-playing game (RPG) mode and Primal Pick’em, a predictive play-to earn game (P2E).

The games allow players to interact, predict, compete, and collect. The lore and gameplay will be influenced and directed by users.

• Screenshots of Gameplay (to be released soon!)

What is $HOOP?

HOOP is the reward and in-game currency for the Chibi Dinos Gaming Universe.

It can be used to pay for merchandise and events. Future uses include staking and governance for in-game decisions.

HOOP Token Distribution

If any of the vesting terms are unclear, please ask our friendly community, or read this article on vesting.

cIFO Sale Details

• Sale start time: ~1200 UTC on Wed 21 Sep 2022
• Sale end time: ~1400 UTC on Wed 21 Sep 2022
• Amount to be raised: $1,191,575 USD in CAKE tokens
• Tokens to be sold: 21,665,000 HOOP (6.19% of HOOP total supply)
• Price per token: 1 HOOP = $0.055 USD
• Token Vesting Schedule: 25% will be unlocked at Sale end time (~1400 UTC), with the remaining 75% released block-by-block over 15 weeks.

All CAKE raised from the HOOP token sale will be given to the cIFO project. Only CAKE raised from the participation fee will be burnt.

Method: Public Sale and Private Sale (Both conducted via the Overflow method).

What is the “Overflow” sale method?

Basically, the more you put in, the more you will get, and you’ll get back anything that doesn’t get spent. More details below in the Overflow Multiplier Table.

To participate in the cIFO:

Refer to the IFO participation guide and iCAKE article.

iCAKE and locked CAKE cannot be used to buy tokens in the cIFO, so you would need a separate amount of CAKE to commit to the cIFO. The iCAKE threshold for this cIFO will be publicised closer to cIFO date.

An Explainer: What are the 2 different sale sessions?

Private Sale ($357,472.50, 30% of Sale allocation)

For the Private Sale, participants are required to:

• Have ≥ 800 Points

As with all new features and products, this points cut-off of 800 points may be re-adjusted in the future to optimize the performance of the cIFO product.

For this Private Sale, the maximum amount of funds that can be committed per user is $1,000.

The final allocation you receive will still be subject to the total amount raised in this session.

Public Sale ($834,102.50, 70% of Sale Allocation)

As the name suggests, the Public Sale is open to all. However, this comes with a participation fee, which will be fully burned!

The fee cliff for the HOOP cIFO is as follows:

Overflow multiplier

The HOOP Syrup Pool:

Stake CAKE tokens to earn HOOP!

• Total Tokens: 3,710,000 HOOP
• Distribution duration: 60 days
• Start time: Shortly after the cIFO ends
• Finish time: Approx. 60 days after Syrup Pool launch
• Token rewards per block: 2.146 HOOP

Max Stake per Wallet:

100 CAKE for the first 5 days, then unlimited CAKE staking thereafter – the cap will enable everyone to enjoy pool rewards at a high APY.

For the first 5 days, you need an active PancakeSwap Profile in order to stake in the cIFO Syrup Pool. No PancakeSwap Profile requirement thereafter.

The HOOP Farm:

We will host a HOOP-BUSD farm that will have 2x CAKE rewards for the first 57,600 blocks (approx. 2 days, 1x CAKE rewards for the subsequent 144,000 blocks (approx. 5 days) and thereafter, 0.5x CAKE rewards.

At the end of the 60-day period – approx. 1500 UTC on 21 Nov 2022 – the farm will have its rewards adjusted to 0.1x unless the following metrics is comparable with other 0.5x multiplier farms: average daily volume, 14-day volume, unique token holders on BNB Chain, and there are no fundamental token issues etc.

To learn more, visit the project’s official channels:

• Website: https://www.chibidinos.io/
• Twitter: https://twitter.com/DinosChibi
• Discord: https://discord.com/invite/dinos
• Telegram: https://t.me/chibidinos
• Instagram: https://www.instagram.com/chibidinosnft/
• Medium: https://medium.com/@ChibiDinos
• Hacken Audits: https://bit.ly/3Le8Rdy

⚠️⚠️⚠️BEWARE OF FOOD POISONING⚠️⚠️⚠️

HOOP Official Token Contract Address: https://bscscan.com/token/0xF19cfb40B3774dF6Eed83169Ad5aB0Aaf6865F25

HOOP tokens will not be available for trading before or during the cIFO. Any other HOOP token will be a scam and will result in a financial loss. Always verify the token address before buying tokens. If you receive a HOOP token airdrop from another address, it’s probably a scam.

Disclaimer - All projects are subject to high market risk and volatility. Please do your own research and buy with caution. PancakeSwap will not be held responsible for any investment losses.