Review of the EclipseFi Initial DEX Offering (IDO)

IDO Launchpads in the Cosmos Ecosystem

The Cosmos ecosystem lacks good launchpads, which is why ECLIP is gaining attention. Projects like Celestia and Kujira are bringing liquidity into Cosmos, making it easier for projects to launch on Neutron or Cosmos shared security. The modular design of EclipseFi is also appealing, as modular chains are currently trending. If you want more research like this, you can subscribe to Alpha.

Key Metrics and Token Generation Event (TGE) Details

IDO Platforms: GameFi.
Twitter: https://twitter.com/Eclipsefi
Launch date: GameFi: Dec 20, 2023, 08:30 (GMT+5:30). Potential to launch in Enjinstarter too.
Initial Supply: 20.9M.
Total Supply: 300M.
Initial Market Cap: $821,250.
Total Raise: GameFi will raise $300,000 (USDT required in Arbitrum).
Vesting: 20% at TGE 1-month cliff, then 6 months daily vesting.
GameFi Refund Policy: Refund requests are only valid within 24 hours after token listing or claiming time. Users who request a refund cannot claim any tokens after the refund request has been submitted. Within 72 hours, they can claim a total refund amount.

Happy Tuesday, Legends! We are proud to announce that we have selected @enjinstarter as the 4th $ECLIP launch partner

Enjinstarter boasts an amazing, die-hard community in South Asia, eagerly coming to Eclipse to get their hands on the latest innovations within the digital… pic.twitter.com/sH7YF1wjAn

— Eclipse Fi (@Eclipsefi) December 19, 2023

How to Participate & Risks to Consider

To participate in GameFi, follow the GameFi IGO guide here. Stake more $GAFI for a higher token sale allocation. As with any crypto project, there are risks to consider:

Smart contract and security risks: The technology or code could fail, leading to a collapse of the entire project or compromise by hackers.
Competition: EclipseFi needs to attract quality projects and its performance will be crucial for ECLIP.
Token Allocations: 16% is for private sale, which could contribute to selling pressure later on.
Initial Supply: Only slightly more than 6% of the token total supply is unlocked initially, leading to inflation for existing holders. A good profit-taking strategy is important.

Profit Taking Strategy

There can be 3 scenarios:

The Token does 5x or more: If the market cap reaches $2M, sell the 20% you received and aim to get back your initial investment. Profit will be from the vested tokens (80%).
The Token does 3x – 5x: Sell as there are still huge upsides, but start selling again after the 1-month cliff is over.
The token does <3x: Decide whether to apply for a refund in GameFi.

Warning: The cliff is 1 month, and there will be token emission and airdrops, leading to a potential dump. Following the Profit Taking Strategy can help mitigate risks. This is not a long-term hold considering only 6% of the tokens are circulating initially.

Eclipse Fi: A New Era for Token Launches

A modular launch and liquidity protocol, revolutionising token launches and community aligned token distributions.

Read more below https://t.co/Ub8YjO6vn6 pic.twitter.com/qxjtlH865l

— Eclipse Fi (@Eclipsefi) October 24, 2023

After the cliff, updates will be provided based on price action, team meetings, proposed roadmap, GitHub development, token distribution, and token contract.