Cradle of Sins — Private Sale Is Getting Closer

This article aims to explain the next steps that the team is taking and the reasoning behind them.

A Quick Recap

The seed sale for Cradle of Sins ended on 7/8/2022 successfully filling our 150K fund raising goal without any issue, sadly hundreds of people who wished to participate in the sale we're not able to even have a chance to buy due to the very limited number of Whitelist spots. Even some of the people who got Whitelisted we're not able to get in because they filled so fast, which really goes to show how excited people are for the project.

Of course the Travladd Gempad Pool filled immediately because we gave out a lot of Whitelist spots for it, but there was also another pool dedicated for the Early Supporters from our community, this one worked a bit differently as we only gave away just enough Whitelist spots to fill the pool in order to give every participant the chance to get a Guaranteed Allocation if they we're in the Whitelist. All people had to do in order to enter this pool was to be active in the Telegram Group and get noticed by the admins.

Private Sale - A New Opportunity

Most people who missed the Seed Sale joined in the last three days before the sale went LIVE, the only people who managed to get a Guaranteed Allocation we're the people who we're there before all the hype came. Right now the project hype cooled off but rest assured that when the Private Sale will be very close, all that explosive hype will come resurface just like last time and many people will be left out because they we're not prepared.

"We really value our community and we believe that the most active supporters need to be rewarded, for this Private Sale we will have another pool dedicated to our most active members who are trying to help the project." -Arnet Mahmastol, U24 CEO

Private Sale - Full Information

Date: 7/10/2022 at 7PM UTC - Seven October

  • 143,000 (14.3%) Seed Funding Round (Completed) - 1.05$ Per Token l Total Raise: 150,000$)

  • 123,000 (12.3%) Private Sale (Completed) - 2.1$ Per Token l Total Raise: 258,000$

  • 225,000 (22.5%) PreSale Funding Round (Completed) - 2.5$ Per Token l Total Raise: 562,500$

How do I Secure Myself a Whitelist Spot?

Our developers are working with a third party in order to develop a telegram bot which can track activity and some other things and then assign each user a score.

For now, you just need to follow these steps as much as you can until the private sale starts to increase your score:

  • Be active on our Telegram Chat, conversate with people, ask questions or help new people who have questions that you know the answer to.

  • Add @CradleOfSins Soldier to you Telegram Name or Surname (not username).

  • Add @CradleOfSins First VR MOBA, earn your Whitelist Spot to your BIO.

  • Follow us on Twitter and like, retweet our future posts or post about us on your own in other people's comments.

  • Add Cradle of Sins Soldier to your Twitter name, like this: John l Cradle of Sins Soldier.

  • Add a profile picture containing the Cradle of Sins logo to your profile on Telegram and or Twitter.

NONE of these steps are mandatory to qualify, but each one of them will make it more likely that you get chosen by increasing your overall score. You can choose to just do the first three steps and still get picked.

If you do all the steps and the Admins Notice you over time that you really want a Whitelist spot then you are pretty much guaranteed to get it.

If the admins notice you, for example 1 month later then they will tag you in chat to announce that you won a spot.

Where will the Private Sale Take Place?

Just like the Seed Sale we plan to split the total allocation given out to different groups of people, the only confirmed group is the group we talked about earlier, those are the active people from our community who will win Whitelist spots.

Will the Private Sale Feature Vesting?

No it won't, we believe that people need to be free to make their own choices if they want to hold the project post launch or dump for a quick gain.

By choosing the most active and supportive community members to participate in the Private Sale this will enable us to have a strong foundation of users who are more likely to hold for the long term.

We see too many projects who utilize the Vesting mechanism suffer a slow and continuous drawdown from people who wanted to quit the project a long time ago but are left as what we like to call "Hostage Holders" who just dump their next batch of tokens as soon as they unlock and do nothing but FUD the project out of frustration.

Not only this but when new people will be looking to jump into the project they will find out about the vesting and if they see token unlocks scheduled they may just say "You know what, I see there is a big unlock in 1 month, let me just wait until then." and then they never join the project because of different reasons that arise.

" Conclusion: Vesting is not a magic solution that comes with no bad consequences, there are some benefits but there are also some disadvantages, at the end of the day if people don't believe in a project they will seek to exit, it's the team's job to ensure that people have faith in the project by delivering on their promises and by building trust with the community.

Some people would argue that it's better to just let the people who don't care about the project exit at the start for some pennies, and let the people who believe in it buy at a cheaper price then move on from there.

Essentially you are taking a shot at the start vs having a weight stuck to you ankle for a long time. -Steve Parker, Co-Founder U24

Minimum and Max Allocation?

This information will be released closer to the sale, generally the max buy will be higher compared to the Seed Sale. Also there will be different pools, each one having a different Minimum and Max buy just like last sale. Update - Alvey Chain Community Pool: 100$ Minimum & 800$ Maximum Update - Active Community Pool: 500$ Minimum & 3000$ Maximum

Where will the Sale Take Place?

The sale will be held exclusively on Gempad. Date: 7/10/2022 at 7PM UTC - Seven October

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