Upcoming $MIRL Airdrop Explained

Wen $MIRL token? Wen airdrop?

Updated: 15th March 2022

The $MIRL token

$MIRL serves as the governance and utility token within the MIRL ecosystem.

It plays a key role in the entire MIRL ecosystem, serving as the primary mode of payment for MIRL products, revenue grants, liquidity provider rewards and governance purposes.

Public launch detail of $MIRL through IDO launchpads across EVM and Solana ecosystem (Solanium, Dexlab, Moonedge) will be announced soon.

$MIRL Maximum Supply: 1,000,000,000
$MIRL Listing price: US$0.022
FDV: US$22,000,000
Initial MC: US$693,000 (including liquidity)

Find out more about the $MIRL token utility and its role within MIRL ecosystem in our Whitepaper and Litepaper.

To reward early participants who minted MIRL genesis NFT during whitelist period, 10% of total airdrop allocation will be reserved for whitelisted minters. Only snapshot for WL (tier 1) and Genesis Sales (tier 2) participants have been taken. Snapshot for holders (tier 3) will be taken towards TGE date.

Do refer to this sheet to track wallets who qualified for snapshot*:

https://docs.google.com/spreadsheets/d/1ZUxQumV4oZHrW17be8X_3W7qbSX_2vbm1kEDJx3VGcE/edit#gid=65049707

*These wallets will need to own MIRL NFT in qualified wallet in order to claim the vested airdrop upon unlock.

Airdrop allocation details

Total airdrop supply (10% of total supply): 100,000,000 $MIRL (ERC20 — Polygon)

Airdrops allocated for Whitelist Minters: 10% (10,000,000 MIRL)

Airdrops for MIRL Genesis NFT Sale participants: 12% (12,000,000 $MIRL)

Airdrops allocated for MIRL NFT holders*: 78% (78,000,000 MIRL)

MIRL NFT Airdrop vesting schedule: 0% TGE, 3 months locking period, monthly linear vesting for 8 months. In layman term, tokens will not be claimable for 3 months once $MIRL is listed on DEX/CEX. 3 months later, the tokens will be claimable monthly, split into 8 months period.

*Snapshot will be taken at a random time to mitigate speculative trading of MIRL NFTs on the secondary market. TGE stands for Token Generation Event, which coincides with listing date.

Airdrop requirements (3 tiers)

MIRL tokens will be airdropped to 3 segments of eligible users.

Attention! These are not mutually exclusive, and a user can be eligible for airdrops from all segments.

1)MIRL Whitelist Airdrop

Users who minted MIRL NFT during the whitelist sales period will be eligible to claim additional 10% of $MIRL airdrop as an incentive for early participation within MIRL ecosystem.

Max claim per NFT minted during whitelist is 5387.93 MIRL.

2) MIRL Genesis NFT Sale Airdrop:

Users (either during WL or Public) who minted MIRL’s Genesis NFTs will receive 12% of the claimable $MIRL airdrop, according to the vesting schedule shared above.

This airdrop will be split among all the MIRL Genesis NFT minters.

With 4548 MIRL Genesis NFT minted, each NFT minted during whitelist/public sale period will be eligible for 2638.52 MIRL. Snapshot for minters have already taken place after sales. Eg, If you have minted 2 MIRL Genesis NFT, you will qualify for 2 x 2638.52. If you have minted 3 MIRL, you will qualify for 3 x 2638.52.

3) MIRL NFT Holders Airdrop:

MIRL NFT holders who are qualified after the snapshot will receive the remaining 78% claimable airdrop.

Do note to be qualified for the full amount of this $MIRL airdrop, eligible owners must have the MIRL NFT in their wallet throughout the 8 month vesting period.

For example, if you missed out on minting a MIRL Genesis NFT, but acquired one on the secondary market before the snapshot is taken, you will still be qualified for this airdrop.

You will be able to claim 2,137.75 $MIRL every month for 8 months after the 3 month lock period, as long as your wallet continues to own the MIRL NFT.

If your airdrop qualified wallet address no longer owns any MIRL Genesis NFT at any time during the vesting period, you will no longer be able to claim any of the remaining airdropped $MIRL tokens.

*Do note that the snapshot for tier 3 has yet to take place.

Possible scenarios

Here are some of the possible scenarios that you might encounter as you take part in the airdrop.

If you have minted the MIRL Genesis NFT during whitelist or public sale, but sold it/transferred it away before the snapshot, you will only qualify for the MIRL WL and/or Genesis NFT Sale Airdrop.

If you have not minted the MIRL Genesis NFT, but bought it in the secondary market before the snapshot, you will only qualify for the MIRL NFT Holders Airdrop for as long as you hold the NFT in your wallet throughout the vesting period.

On the other hand, if you have minted the MIRL Genesis NFT(during and/or public sale), AND held on to the MIRL NFT throughout the vesting period, you will be eligible for 100% of the claimable airdrop allocation (MIRL WL + MIRL Genesis NFT Sale + NFT holder Airdrops).

The maximum $MIRL claimable airdrop per MIRL NFT is 19,788.92 $MIRL tokens for public participants who qualified for all 2 tiers (without WL).

The maximum $MIRL claimable airdrop per MIRL NFT is 25,176.85 $MIRL tokens for WL participants who qualified for all 3 tiers.

Do note that claimable $MIRL that are disqualified/not claimed after the end of the vesting period will be transferred to MIRL community reserves.

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About MIRL

MIRL is a DAO and incubator enabling creatives and designers all over the world. Since its inception, over 300 aspiring designers have joined the DAO. MIRL will be launching its genesis NFT series on 10 March and its native token, $MIRL subsequently. All NFT holders will enjoy a fashion wearable designed in-house. MIRL is founded by designers and strategists who have worked with H&M, SHEIN, Yahoo, Google and Nike. MIRL is also in partnership with top players such as Bybit, Mintable, CRC Capital, Solanium, Hotdao, MH Ventures, Moonedge, Dexlabs, Vistalabs, Magnet Ventures and more.

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MIRL is the first decentralised fashion brand born in the metaverse. https://mirl.club/