CanaBoys IDO via AXL Launchpad — How it Works

3 min readMay 7, 2022

CanaBoyz (CNB) is a Play-2-Earn game built on BNB Smart Chain with gaming revenue and affordable entry for everyone. The game is based on the economic relations of the players and existing smart contracts. The main task of the players is to grow bushes and further manage in-game items. Using a multifunctional platform, users have access to various scenarios for managing their own in-game assets, namely, CNB and Kush tokens, seeds, bushes, artifacts and coffee shops.

AXL is excited to announce that CanaBoyz (CNB) IDO will commence on May 09, 2022 at 12:00 PM UTC on AXL Launchpad. Participants will have the opportunity to collect tokens through the IDO.

CanaBoyz Launch Timeline

May 09, 2022, 12:00 PM UTC, AXL IDO — Private Pool Opens
May 10, 2022, 12:00 PM UTC, AXL IDO — Private Pool Closes
May 10, 2022, 01:00 PM UTC, AXL IDO — Public Pool Opens
May 10, 2022, 09:00 PM UTC, AXL IDO — Public Pool Closes

Token Sale Details

Date & Time: May 09, 2022, 12:00 PM UTC
Initial Market Cap at TGE: $386,100
Token Symbol: CNB
Total Token Supply: 300,000,000,000 CNB
Tokens Available on AXL: 200,000,000 CNB
Total IDO Raise: $900,000
Total Raise on AXL: $30,000
Token IDO Price: $0.00015
IDO Duration: 24 hours for Private Pool / 8 hours for Public Pool (after 1 hour of private pool closing)
Allocation Distribution: 50% private, 50% public
Vesting Schedule: TGE — 12%. 1 months cliff. vesting — 12 months (daily)
Claiming Start Date: May 15, 2022
IDO Location: AXL Launchpad

Private Pool Details

Date & Time: May 09, 2022, 12:00 PM UTC
Eligibility: View AXL’s Tiered Model for IDOs
Private Sale Duration: 24 hours
Private Pool Raise: $15,000
Private Pool Supply: 100,000,000 CNB

Private Pool Allocation

Tier 1 — $100
Tier 2 — $180
Tier 3 — $400

Public Pool Details

Date & Time: May 10, 2022, 01:00 PM UTC
Eligibility: View AXL’s Tiered Model for IDOs
Public Sale Duration: 8 hours
Public Pool Raise: $15,000
Total Public Pool Supply: 100,000,000 CNB

Public Pool Allocation

Minimum: $10
Maximum: $80

Scam Alert — Protect Yourself

As IDOs are scarce and highly sought-after, this makes them a potential target for scams. Please ensure that you apply adequate caution to protect yourself.

All announcements regarding the IDO on AXL will be made via our official Telegram, Discord, Twitter, or Medium.
Pools are only open during the times stated in this post.
Admins will NEVER initiate a DM first. They will never ask for personal information, funds, passwords, or private keys for any reason.

About CanaBoyz

CanaBoyz was developed keeping in mind the 3 major global trends of the year 2022: cryptocurrency, metaverse and cannabis. Free economic relations between players — the basis of the CanaBoyz project. The main task is to grow bushes that bring real income to users in cryptocurrency.

Each player has the right to manage in-game items and choose their own way of business development. Users themselves decide whether to develop a virtual business alone or in a gang with other players.

About AXL Inu

AXL INU is being developed as a Decentralized Exchange (DEX) on the Ethereum Chain (ETH) and the Binance Smart Chain (BSC), enabling liquidity provision, yield farming, staking, launching IDOs, NFT, and lending & borrowing.

AXL works hard to encourage, grow, and promote the listing of new and breakthrough projects. The AXL launchpad enables emerging creative projects to demonstrate their ideas to the community while also garnering support, attention, and investment.