TypeIt Launches Initial DEX Offering On Bounce Finance

We are thrilled to unveil the highly anticipated Initial DEX Offering (IDO) of TypeIt on Bounce Finance! In this article, we invite you to discover the innovative world of TypeIt, explore its IDO details, and uncover the unique features and benefits that make TypeIt a game-changer in the realm of mobile typing.

What is TypeIt

TypeIt revolutionizes the mobile typing experience as the first-ever Web3 mobile keyboard built on BNB Chain. With TypeIt, users can passively earn income through day-to-day typing, becoming part of the Web3 development trend. Offering NFT keyboard skins and immersive GameFi and Socialfi scenarios, TypeIt integrates privacy measures by encrypting and locally storing user data, ensuring utmost security.

As the vital bridge connecting the Web3 and Web2 worlds, TypeIt extends beyond a mere input method, empowering users to actively participate in the digital economy. Founded and supported by experienced leaders from Huobi, MEXC, TritiumDAO, and backed by significant investments from industry giants like MVentures, Gate Labs, BitMart Exchange, and Cipholio Ventures, TypeIt is seeking investment partners to join their IEO round and contribute to scaling the product.

TypeIt IDO Details

Whitelist Round:

• Time: 6/28/2023 3PM UTC ~ 6/30/2023 3PM UTC
• Auction Type: Fixed-Price Auction (First Come First Serve)
• Token Name: $TYPE
• Blockchain Network: BNB Chain
• Price: $0.04 USDT per $TYPE
• Maximum Allocation Per Wallet: 400 USDT
• Total Token Supply: 200,000 $TYPE
• Token Release Timeline:

-6/30/2023 4PM UTC: 20 %

-9/30/2023 4PM UTC: 26.6 %

-12/31/2023 4PM UTC: 26.7 %

-3/31/2024 4PM UTC: 26.7 %

Public Round:

• Time: 6/28/2023 3PM UTC ~ 6/30/2023 3PM UTC
• Auction Type: Fixed-Price Auction(First Come First Serve)
• Token Name: $TYPE
• Blockchain Network: BNB Chain
• Price: $0.05 USDT per $TYPE
• Maximum Allocation Per Wallet: NO LIMIT
• Total Token Supply: 1,800,000 $TYPE
• Token Release Timeline:
• 6/30/2023 4PM UTC: 20 %
• 9/30/2023 4PM UTC: 26.6 %
• 12/31/2023 4PM UTC: 26.7 %
• 3/31/2024 4PM UTC: 26.7 %

TypeIt Tokenomics

Tokens:

• TCOIN: This point-like system allows users to earn points, incentivizing their typing activity.
• WORD (mining token): This token has a total supply of 1 billion, though additionaldetails are yet to be announced.
• TYPE (governance token): This token also has a total supply of 1 billion.

Token Allocation:

• 50% (500 million) for Type to Earn, released over 60 months.
• 10% (100 million) for investment institutions, locked for 3 months, and then released over 25 months.
• 2% (20 million) for IEO, 20% at TGE, 2 month cliff, 4 months linear.
• 14% (140 million) for the team, locked for 6 months, then released linearly over 60 months.
• 1% (10 million) for airdrops and activities, released linearly over 60 months.
• 2.5% (25 million) for partners and advisors, released linearly over 24 months.
• 15% (150 million) for treasury and reserves, released linearly over 60 months.
• 5% (50 million) for liquidity, released linearly over 60 months.
• 0.5% (5 million) for IDO, 20% TGE, released quarterly for the next 9 months.

With this allocation, it is estimated that approximately 35.37 million tokens will be available for trading after initial circulation. Given the estimated valuation of $50 million USD, the token price after initial circulation is expected to be around $1–2, assuming the entry of additional exchanges or institutions.

What makes TypeIt unique

TypeIt! is transforming the mobile typing experience by seamlessly integrating economic systems and gameplay elements into a traditional keyboard. Users can earn tokens by simply typing with different keyboard skins influencing their earnings.

A standout feature of TypeIt is its fully encrypted decentralized messaging, ensuring users have complete ownership and control over their data. Security concerns are addressed with the option to disable clipboard access and switch to the system’s default keyboard when needed.

TypeIt stands out with its ability to create a revenue stream for users. By using the app’s keyboard in their daily mobile phone usage, users can earn tokens and participate in the project’s economic ecosystem.

Here’s how it works: Each keyboard theme is represented as a Non-Fungible Token (NFT), and users earn token rewards by typing with specific skins. NFTs can be upgraded to unlock greater rewards. TCOIN serves as the current output, acting as points within the system.

Participating in the TypeIt project involves different stages:

1. Infrastructure Stage: Focuses on finalizing technology, establishing partnerships, and setting up systems. Users earn one TCOIN per day based on the number of mystery boxes and their typing activity.
2. Genesis Mining Stage: Mystery boxes are converted into NFTs with unique qualities and attributes. TCOIN becomes important, serving as a placeholder for governance tokens. Users can upgrade and consume using TCOIN, which can later be used to produce blue boxes and mine governance tokens.
3. Formal Stage: Both red and blue boxes are activated, providing users with strategic choices. They can hatch blue boxes, sell them, trade WORD on the first line, or mine TYPE on the blue line. Specifics such as NFT attributes, token burning mechanisms, and cooldown times will be revealed during this stage.

Each stage of TypeIt represents a distinct phase, offering diverse opportunities for users to engage and potentially earn rewards. Don’t miss the future of mobile typing with TypeIt!

Furthermore, all addresses participating in TypeIt IDO are eligible to receive free minting for TypeIt’s Level 0 skin, with which you can earn 2 USDT daily by typing. TypeIt’s operation tutorials and introduction of their unique numerical values are available for guidance

Guide for participating in TypeIt’s IDO

TypeIt’s IDO rounds on Bounce Finance are presented in the format of Fixed-Price Auction. Step-by-step guides for how to participate in a Fixed-Price Auction are available for both mobile and PC devices.

About TypeIt

TypeIt is the world’s first Web3 payment input method, allowing users to earn income in their daily use and participate in the development trend of Web3. TypeIt provides keyboard skins as NFTs and offers rich scenarios such as Gamefi and Socialfi. In terms of privacy, TypeIt encrypts and saves all data locally, ensuring user privacy and security. As the center connecting the Web3 and Web2 worlds, TypeIt is not just an input method, but also a new way to participate in the digital economy.

Join the TypeIt community:

Twitter | Telegram | Discord

About Bounce Finance

Bounce Finance is a decentralized auction protocol that empowers users to create and participate in diverse types of auctions across multiple blockchain networks. With a strong focus on Auction as a Service, Bounce Finance offers a seamless, transparent, and secure auction experience with a wide range of products, including Token & NFT Auctions, Real-World Collectible Auctions, Ad Space Auction, and SDKs & Plug-Ins. Recently, Bounce Finance has also introduced Private Launchpad services, an on-chain solution designed to streamline IDOs for new projects. Leveraging the transparency and efficiency of on-chain auctions, Bounce Finance is committed to providing comprehensive support and state-of-the-art services to promising projects, facilitating their growth and success.

Keep up to date on all the latest from Bounce Finance👇

Website | App | Docs | Telegram | Twitter | Medium | YouTube | Discord | Zealy | LinkeIn