Announcing the Rainbow Token Launch Auction

The Rainbow Token Public Launch will be the first opportunity for the Crypto Unicorns community to join the group of RBW token owners and become a member of the Crypto Unicorns DAO!

Laguna Games will be commencing the Rainbow Token Launch Auction on the Copper platform on Feb 28th at 11:00 PM UTC.

Copper is the most decentralized and user-friendly way to participate in a specific configuration of Balancer’s Liquidity Bootstrapping Pools (LBPs), allowing a more equitable distribution of tokens for all participants. Copper makes it easy to create and use LBPs through their intuitive and easy-to-use website.

What is a Token Launch Auction (TLA)?

A Token Launch Auction provides a more accessible and balanced way of distributing tokens, ensuring fair price discovery and discouraging arbitrage and bot manipulation.

We chose this format for the following reasons:

• Price discovery. The price of the token starts high and drops based on a pre-configured price decay curve that can be resisted by buying pressure from auction participants. Anyone can buy into or sell out of the auction freely at any time, so price truly regulates itself.
• Open and permissionless participation. Anyone can freely participate in auctions. No whitelists, hard caps, or listing requirements. There is no minimum or maximum allocation. Auction participants choose how much they want to buy.
• Fair distribution. TLAs flip the first-come-first-serve launch model on its head and change token launches from being a race where the first bot in or the transaction with the highest gas fee wins. TLAs get RBW into the hands of as many people as possible in a fair way that disincentivizes front-runners and whales getting better rates than smaller participants.

The RBW Token

RBW will serve as the backbone of the Crypto Unicorns game economy, as well as the overall governance token for the game and treasury. RBW will be a core component in the Crypto Unicorns game, used for breeding, evolving, upgrading buildings and land, and overall value capture on the platform.

Tokenomics

For details about the tokenomics and roadmap of Crypto Unicorns, please read our whitepaper.

How to Participate

To participate in the RBW Token Launch Auction you will need:

• A Polygon wallet (Copper supports Metamask, Gnosis Safe, Walletconnect, and Ledger)
• USDC (in your Polygon Wallet) to purchase RBW
• MATIC (in your Polygon Wallet) for Gas fees

For in-depth directions on how to fund your Polygon wallet, please check out our guide.

Once you have prepared your funds, you can connect your wallet on Copper and participate in the Rainbow Token Auction.

To familiarize yourself with using Copper, you can watch this video.

Token Launch Auction Details

RBW Tokens Offered: 40,000,000–4.0% of total supply

Starting Rate: 0.60 USDC / 1 RBW

Specs for LBP:
 — 40,000,000 RBW
 — 998,499.69 USDC
 — Starting Weight: 96/4
 — End Weight: 50/50

When: February 28th, 2022 ~11:00 PM UTC until March 3rd, 2022 ~11:00 PM UTC

Where: RBW/USDC Copper Token Launch Auction Pool
Official Copper Link: https://polygon.copperlaunch.com/pools/0x34497B3fD9e337B19F3C0B119caFE78EA7F46a94

Network: Polygon

The Crypto Unicorns team will be available to answer any questions during the TLA on our official channels.

Crypto Unicorns Server on Discord

@crypto_unicorns on Twitter

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