ApeBond Launchpad Goes Live With Sugar Kingdom Odyssey

ApeBond
4 min readMar 21, 2024

In an exciting leap forward, ApeBond Launchpad proudly announces its first-ever partner project set to take the stage: Sugar Kingdom Odyssey. This initiative marks a new era in the evolution of ApeBond’s launch offering, formerly renowned for its successful “IAOs” (Initial Ape Offerings) back in the ApeSwap days. As we gear up for this pivotal event scheduled for Friday March 29th at 17:00 UTC, let’s delve into the vibrant world of Sugar Kingdom Odyssey and the unique opportunities it brings to the crypto community.

Introducing Sugar Kingdom Odyssey

Sugar Kingdom Odyssey (SKO) emerges as a pioneering utility tool for BRC20 tokens and altcoins, designed to integrate high-quality projects within an exhilarating gaming platform. $SKO holders can benefit from the ecosystem with a Revenue Share model. Developed by the skilled hands of Apes Int Group, who have left their mark on esteemed projects like Decentraland, The Sandbox, and Gearbox Entertainment, this platform is set to revolutionize the gaming ecosystem. It provides a fertile ground for top-tier projects to thrive, supported by a tapestry of strategic partnerships and industry-leading advisors from entities such as Friend3, GT Protocol, LandVault, and Genesis Capital.

Boasting a vibrant community and an expansive network of over 40 distinguished partners including DeChat, Patex, and more, Sugar Kingdom Odyssey is on a path of rapid growth. Its journey is further reinforced by strategic investments from notable names like Peech Capital and Mario Nawfal, paving the way for a future filled with promise and innovation. With a token sale aiming for an Initial Market Cap of $400,000, the stage is set for an exhilarating journey ahead.

Learn more about Sugar Kingdom Odyssey and their SKO token, here.

How to Dive into the Adventure

Participation in Sugar Kingdom Odyssey’s launch (and all future launches) on ApeBond is based on a Tier system. To obtain a Tier you’ll need Launchpad Points, which can be acquired by locking ABOND tokens into veABOND. The longer you lock your ABOND, the more points you accumulate. Here’s a detailed breakdown of how the multipliers enhance your points tally based on the lock-in duration:

  • 45+ days lock: 1x points multiplier
  • 90+ days lock: 1.25x points multiplier
  • 180+ days lock: 1.5x points multiplier
  • 360+ days lock: 2x points multiplier

Each Tier grants a Launchpad Allocation Multiplier, and it’s important to note that you’ll need a Bronze Tier at the very minimum in order to participate. You can find the details for each Tier below:

This tiered multiplier system is designed to incentivize and reward participants based on their commitment to locking ABOND, thereby aligning with our vision of fostering a dedicated and engaged community.

Launchpad Mechanics: Sale Structure

1. Guaranteed Sale

  • Eligibility: Silver Tier and above
  • Duration: 4 hours
  • Model: Weighted Oversubscription
  • Start: March 29th, 17:00 UTC

2. First Come, First Served Sale

  • Eligibility: Open to all Tiers, including Bronze
  • Duration: 4 hours
  • Model: First Come, First Served
  • Start: March 30th, 05:00 UTC

The launch will feature two distinct sales phases, both using USDT. The first round, starting this Friday at 17:00 UTC, operates on an Oversubscription model, allowing users to contribute additional funds and receive a portion of tokens based on their contribution, with any excess funds returned post-sale. The second round, adopting a “First Come, First Served” approach, offers all remaining tokens for quick acquisition for the fastest apes that commit to the sale. Both rounds will span 4 hours, separated by an 8-hour interval in-between.

The Countdown Begins 👀

As we inch closer to the launch date, the anticipation within the ApeBond community and beyond is palpable. Sugar Kingdom Odyssey stands at the precipice of a new era in crypto and gaming, promising an adventure filled with innovation, strategic growth, and boundless opportunities. Mark your calendars for next Friday, and ensure you’re part of the landmark $SKO sale on the ApeBond Launchpad.

This launch isn’t just an event; it’s the inauguration of ApeBond Launchpad’s new era, marking our first step into a future where we lead with innovation and community-driven projects. It’s a significant moment, signaling our commitment to shaping the DeFi landscape by leveraging our Bonds technology. Get ready to be part of this historic beginning as we chart new territories together

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