Elf Matrix IDO via AXL Launchpad — How it Works

3 min readJun 9, 2022

Elf Matrix is a Play-to-Earn NFT Game that is being built on BSC & Polygon that enables users to train their pets to fight and win rewards. It will be playable in app form, launching on PC, Mac, Android, and eventually on IOS. All in-game items and creatures will be blockchain-based tokens and NFTs.

AXL is excited to announce that Elf Matrix (EMT) IDO will commence on June 15, 2022, at 12:00 PM UTC on AXL Launchpad. Participants will have the opportunity to collect tokens through the IDO.

Elf Matrix Launch Timeline

June 15, 2022, 12:00 PM UTC, AXL IDO — Private Pool Opens
June 16, 2022, 12:00 PM UTC, AXL IDO — Private Pool Closes
June 16, 2022, 01:00 PM UTC, AXL IDO — Public Pool Opens
June 16, 2022, 09:00 PM UTC, AXL IDO — Public Pool Closes

Token Sale Details

Date & Time: June 15, 2022, 12:00 PM UTC
TGE Date: June 21, 2022
Initial Market Cap at TGE: $217,000
Token Symbol: $EMT
Total Token Supply: 300,000,000 EMT
Tokens Available on AXL: 600,000 EMT
Total IDO Raise: $1,200,000
Total Raise on AXL: $30,000
Token IDO Price: $0.05
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: 10% at TGE, then linear vesting in 6 months
Claiming Start Date: June 21, 2022 (Same as TGE)
IDO Location: AXL Launchpad

Private Pool Details

Date & Time: June 15, 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: 300,000 EMT

Private Pool Allocation

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

Public Pool Details

Date & Time: June 15, 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: 300,000 EMT

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 Elf Matrix

Elf Matrix is a Play-to-Earn NFT Game that is being built on BSC & Polygon for nearly instant transactions with almost no fees. It will be playable in App form, launching on PC, Mac, Android, and eventually on IOS. All in-game items and creatures will be blockchain-based tokens and NFTs.

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.