ANNOUNCEMENT — DEFIHORSE INITIAL PUBLIC SALE

💡 Let’s go through the following examples to understand how IBCO pricing works:
Assumption: 1000 DFH tokens are initially sold in IBCO, starting at $0.65 per token.
In the 1st interaction, person A contributes $650. There are now $650 and 1000 DFH tokens in the sale contract. Therefore, the current price of each DFH token is $0.65.
In the 2nd interaction, person B contributes $650. There are now $1300 and still 1000 DFH tokens in the sale contract. Hence, the current price of each DFH token is $1.3.
In the 3rd interaction, person A withdraws $325. There are now $1175 and 1000 DFH tokens in the sale contract. As a result, the current price of each DFH token is $1.175.

💡 Let’s take the below example:

If person A contributes 2.000 BUSD, the locked conviction amount will be 600 BUSD. It means that person A can only withdraw a maximum of 1.400 BUSD if he would like to withdraw a part of his contribution amount.

If person B contributes 100.000 BUSD, the locked conviction amount will be 50.000 BUSD, and the maximum withdrawable amount is 50.000 BUSD.

The same mechanism will be applied to person C when he contributes 200.000 BUSD. Cause the amount he contributes is higher than person A and B, his percentage of locked amount will be higher than those of person A and B also. In this example, 97% of his fund will be locked.

Example of conviction contribution mechanism (figure in BUSD)

This data is connected with the game plan, token plan and game ecosystem that we wanted to carry out. In any case, considering that the game is as of now being developed, a portion of the arranged highlights could possibly make it into the last game.

The project is presently going through the plan and testing process. DeFiHorse will make a ultimate race in VVIP style as the #1 premium horse-racing game in the Metaverse. Hence, we will make the essential features to guarantee that we are acquainting with the world but not breaking the game rules or the economy or both. The data doesn’t give either advice, portrayal, guarantee, accreditation, assurance or connection with DFH tokens or any utilizations thereof, nor does it give a deal or consent to go into any exchange.

Acquiring/holding/owning/using DFH tokens doesn’t promise you any sort of profits. Getting DFH tokens doesn’t furnish you with any privileges in any ward. DFH tokens are not money but rather an Internet digital asset that can be utilized exclusively in the DeFiHorse biological system. DeFiHorse will not be responsible for any damages of other individuals emerging out of or in any associations with DFH tokens.

In case that you disagree with any part of this disclaimer kindly, please look for independent financial advice or other professional advice then decide to acquire/hold/own/use DFH tokens or not.

This is not financial advice, you should consider your own choices based on the data shared below. Defihorse will create a new era of NFT games!

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