Backstage to Host Private Sale on the TrustFi Launchpad

It’s on! Backstage is now set to launch.

Ahead of our IDO in June, we decided to offer our most enthusiastic supporters the chance to participate in a flash private round. For this private sale, we selected one of the most revered players in the space — TrustFi.

Here are the details of the Backstage private sale on TrustFi:

• ⏰Date: 2–8 PM UTC, June 2
• 📍Place: https://launchpad.trustfi.org/
• 💰Price: $0.015 per $BKS
• 💎Initial Market Cap: $325K
• 📩Vesting: 7.5% at TGE, then linear vesting for 12 months
• 🔎Contract Address: TBA

For the private round sale, TrustFi, in collaboration with Backstage, will host a Gleam campaign to give away private sale whitelist spots. The Private Sale Whitelist Giveaway can be found here; https://gleam.io/OKTer/trustfi-x-backstage-private-sale-whitelist-giveaway

• For the Gleam campaign, the top 5 get a $100 allocation. 50 lucky draw winners get a $30 allocation.
• Make sure to complete all the tasks to have a chance to get allocation. The only other way to qualify for the flash private sale is to meet TrustFi Tier requirements (details below).

The private sale on TrustFi is a great opportunity to get Backstage BKS tokens at an entry-level price — before the token goes on public exchanges. You can even begin using the BKS token for fun around the world. Or, you can hold your BKS tokens as an investment. It’s up to you.

Now, let’s go over our partnership with TrustFi, as well as other key details about the private sale, including how to participate.

Who is TrustFi?

TrustFi is a community-driven incubator and launchpad that specializes in launching crypto startups. The team focuses on early crypto assets issuance, liquidity management, community activities and DAO governance.

TrustFi is committed to providing decentralized BaaS (Blockchain-as-a-Service) solutions for the DeFi market based on multichain environments. A complete set of product portfolios have been developed by TrustFi, including Decentralized Community Driven Incubator (TrustFi Booster), IDO General Protocol with an insured mechanism (TrustFi LaunchPad), and an Automated Farm Pools Contract (TrustFi Farmer), which is an important supplement to the DeFi infrastructure built on Web 3.0.

The TrustFi platform will hold the private sale for the Backstage $BKS token. To help support the BKS token, we do also plan to use TrustFi Farmer (more on that below).

Backstage’s private sale on TrustFi

TrustFi will handle collecting funds from our investors first. Then, the funds and token exchange with Backstage will be calculated based on the total raised. This will be done under the TrustFi Tier structure. With this structure, users need to buy and stake the minimum amount designated for their desired Allocation Tier before the IDO/FPS Snapshot is taken.

Partnership details for the private sale

Backstage and TrustFi have entered into a mutually beneficial agreement. The partnership should enable Backstage to raise funds while providing TrustFi’s investment community with the opportunity to get in on a promising project at the early stages.

Now, let’s take a look at all the details for this special private round sale under the TrustFi Tier system:

1. Hard cap for the private round will be set at $20K. TrustFi will hold 2 sales: a main round and then a FCFS second round. If the demand is high for the main round, TrustFi will increase the allocation cap accordingly.

2. TrustFi will create a tailored research page which will be then properly translated to Turkish and promoted through the KoinSaati Turkish KOL Network.

• You can read that research report here: https://blog.trustfi.org/backstage-private-sale-details-research-report-cbb8fd3fa892

3. TrustFi will share with its KOL Network any KOL offer or opportunity Backstage might have.

4. TrustFi will hold a Gleam campaign to participate in the private round sale. To participate in the Gleam campaign, click here: https://gleam.io/OKTer/trustfi-x-backstage-private-sale-whitelist-giveaway

• For the Gleam campaign, the top 5 get a $100 allocation. 50 lucky draw winners get a $30 allocation.

5. TrustFi will host a Backstage AMA on @trustfi_fans.

6. TrustFil hosted a Backstage AMA with a Turkish Translator on @trustfiturkey. Here’s a recap of that AMA (in Turkish): https://koinsaati.com/trustfi-x-backstage-is-gelistirme-yoneticisi-alessio-piras-ile-ama-etkinligi/

7. TrustFi Network will host a Backstage Space on TrustFi Farmer.

Backstage will be on TrustFi Farmer

TrustFi recently launched its TrustFi Farmer, an autonomous liquidity mining and pool creation platform powered by the Automated Farm Pools (AFP) algorithm built on Web3.0.

For our partnership, TrustFi will launch a DeFi Space/Page for Backstage.This will be the link to our DeFi Space: https://farmerbsc.trustfi.org/space/backstage

Using the TrustFi Farmer platform, Backstage can then create any type of staking pool we want. For instance, we can create a single asset staking pool where users would stake BKS to earn BKS.

TrustFi has also given Backstage the option to create a ‘Stake $TFI, Earn $BKS’ pool in TrustFi’s own DeFi space (farmerbsc.trustfi.org/space/trustfi). This would enable TrustFi’s own holder base and users to join the pool and become $BKS holders as well (which would maximize our token exposure).

If we opt to use the TrustFi Farmer space, Backstage will permanently own a fully sovereign DeFi Space on TrustFi where it is possible to:

• Create single-asset, LP or NFT-staking pools using TrustFi’s audited smart contracts and BaaS solution
• Manage liquidity and have holders lock circulating supply with staking rewards in a fully code-free and permissionless way in 60 seconds.

Koinsati collaboration

Given that we have a strong and active community in Turkey with more than 5K active supporters, KoinSaati, one of the most prominent, most trusted, and largest media and marketing groups in Turkey, will also be participating in the private round. The company will become our media partner with full support (AMAs, article translations, frequent news sharing, and more through 10+ strong Turkish influencers).

Get ready to become one of the early investors in Backstage, and take part in the company’s first private round ever. Tier benefits are based on TrustFi Tier which translates into a bigger slice for early investors. We’ll have more information on the private round sale date soon. Stay tuned to Backstage and TrustFi channels for the latest updates.

About TrustFi

TrustFi disrupts the DeFi market by providing a multi-chain decentralized BaaS solution. The TrustFi ecosystem features three main products which include TrustFi Booster, a Decentralized Community Driven Incubator; TrustFi LaunchPad, an IDO General Protocol with an insured mechanism; and TrustFi Farmer, an Automated Farm Pools (AFP) Contract, which is an important addition to the DeFi infrastructure built on Web 3.0. TrustFi’s main focus is early crypto-asset issuance, with emphasis on liquidity management, community growth, and DAO governance. TrustFi is certain that these three factors will allow us to successfully unlock the unlimited potential DeFi has.

Website | Telegram | Medium | Twitter | LinkedIn

About Backstage

Backstage is powering the crypto revolution in the events industry. Through the BKS token and our blockchain ecosystem, Backstage aims to solve the current challenges facing the events and entertainment sectors. From financing and payments to NFT ticketing and marketplaces, Backstage $BKS will take the events industry toward a more sustainable, profitable and fair future.

Backstage has a very strong and open community and everyone can join and contribute to the platform’s development by purchasing tokens and helping fund the entertainment industry.

Find out more about Backstage:

Twitter | Medium | Telegram | Instagram | Whitepaper