LitCraft IDO (🛡TOR) Details & Research Report

TrustFi
5 min readJun 3, 2024

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đź’« Dear community, LitCraft TOR-Protected IDO will be held on TrustFi Launchpad on 4th June!

In this article, we will introduce you to our partner & upcoming project LitCraft, the details of the IDO that will be held on TrustFi Launchpad.

👉 Make sure to read our Tier System Article to learn about Eligibility rules, Tier levels, Allocations and more!

👉 Make sure to read more on TrustFi Optional Refund Protocol!

🔥Join our Galxe campaign for a chance to win 🏆 $3000 in $FIAS!

👉Buy and Stake at least 10,000 $TFI in one of the Tier System Pools at TrustFi Farmer to obtain Tier Level access.
🔥Buy our NFT (The Chosen One) to Join IDOs, selected Private/Seed round Presales, and gain access to other privileges such as revenue sharing with TrustFi Network: https://launchpad.trustfi.org/#/v2/nftround1

IDO Details:
Ticker:
$FIAS
Protection: TOR
Network:
ETH
IDO Date:
June 4th 11 AM UTC
IDO Price:
$0.08
Initial Market Cap:
$460,000
TGE/Listing Date & Time:
June 11
IDO Round Vesting: 25% at TGE. Then unlock linearly over 2 months
Contract Address: 0x1d64231E179f074BAA3f22d44a6Ca3a2670b2709

LitCraft Research Page

IDO Page | Website | Twitter | Telegram

Overview

rom the Creator of the DevvX L1 blockchain that powers the DevvE Ecosystem, LitCraft Universe is a sprawling realm of fantasy and science fiction — a tapestry woven with magic and wonder, the realms of metaverses, Augmented Reality, Virtual Reality, and even cinematic experiences.

LitCraft “Digital Financial Ecosystem” is ready to be unlocked by the FIAS token, which is the mechanism that enables the creation and ownership of real-world value derived from the experiences within the LitCraft Universe.

TLDR

RESTful API integration where every single game that exists can integrate into the LitCraft Universe in a matter of moments.
- All 25 million web developers are LitCraft ecosystem developers, compared to just 200k solidity developers for EVM gaming ecosystem.
- Proven licencing model, including AAA quality content that includes IP that has millions of current downloads.
- LitCraft Nysperience is live on PC, Mac, Andriod and iOS with over 20+ game available to play and how today.
- Built on the worlds most scalable blockchain infrastructure that processes more than 8 million transactions per seconds.
- $Fias will be one of the first tokens to launch of a new secret exchange that is backed by some of the biggest players in the traditional financial industry that is using the same technology.

The Vision for $FIAS & The Digital Financial Ecosystem

The vision for Fias within the LitCraft universe is vast and transformative, bridging the virtual and real worlds by symbolizing freedom, creativity, and opportunity. More than just a token, Fias enhances gaming experiences, supporting diverse activities from casual games to virtual realities, and linking digital achievements with real-world value through tradable assets and guild operations. Beyond gaming, Fias aims to revolutionize digital economies by integrating with real-world assets and initiatives, such as tokenized sustainable efforts and gig economy labor, promoting decentralization and individual empowerment. Creators can directly monetize their contributions to LitCraft, whether crafting virtual artifacts, designing immersive experiences, or expanding the metaverse. We are actively negotiating with game studios and asset creators to license their IP, thus expanding the ecosystem and cross-platform utility. Ultimately, Fias fosters a vibrant ecosystem where creativity thrives, opportunities abound, and individuals can shape their own narratives within the rich tapestry of the LitCraft universe.

$FIAS Governance — Introducing the Forevver Association

The Forevver Association is a non-profit incorporated in Switzerland. Address: Forevver Association, Gartenstrasse 6, 6300 Zug, Switzerland Registration: CHE-346.409.594 The Forevver Association has acquired the exclusive rights to launch and administer the Fias Token Generation Event (TGE). Forevver’s mission is to manage those Fias issuances to benefit the Fias ecosystem, enter into agreements with exchanges and other partners to launch Fias as a new robust and trading token, and utilize Fias to grow the ecosystem for all Fias stakeholders. IP: Outside of the Fias TGE and associated Fias ecosystem commitments, the Forevver Association also holds the exclusive license agreement to issue the DevvX platform cryptocurrency DevvE.

$FIAS Token Utility

Fias will be implemented as an ERC-20 token on the Ethereum mainnet. In the future, Fias is designed to run on the DevvX blockchain, alongside the native assets and data across the LitCraft Digital Financial ecosystem, and given DevvX’s capabilities, areas of utility can be added or expanded. The following sections describe Fias utility, and any areas of utility will be subject to meeting regulatory requirements in a given jurisdiction.

About TrustFi

TrustFi disrupts the DeFi market by providing a multi-chain decentralized BaaS solution. Our ecosystem features three main products which include TrustFi Booster, a Decentralized Community Driven Incubator; TrustFi LaunchPad, an IDO General Protocol with an insured mechanism; and TrustFi Farmer, an Automated Farm Pools (AFP) Contract, which is an important addition to the DeFi infrastructure built on Web 3.0. Our main focus is early crypto-asset issuance, with an emphasis on liquidity management, community growth, and DAO governance. We are certain that these three factors will allow us to successfully unlock the unlimited potential DeFi has.

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