BitCoke Launchpad Concluded Richverse IEO Sale by 82 times Over-subscription

Rainbow 6ix Crypto
2 min readApr 7, 2022

BitCoke Launchpad's first project — Richverse Web3 has concluded the IEO sale at 4/7/2022 00:00 UTC.

Subscription pages showed that investors committed a little over 18.35 million COKE, BitCoke native token, for RIV token, an 82 times over-subscription, indicating a very robust demand and high expectation for launchpad tokens.

According to the distribution schedule, the RIV token will be vested to subscriber accounts on 4/7/2022 at 12:00 UTC, and the BitCoke system is set to deduct the corresponding COKE amount for vested RIV tokens. In the meantime, the remaining COKE, if there are any, will be refunded to the subscriber account at the same time.

Richverse Web3 is the first IEO project on the BitCoke exclusive token launch platform. It is the world’s first SocialFi Web3.0 decentralized application driven by XR technology. The project was founded by technical experts from Harvard and MIT, aiming to build a social network driven by XR technology and community autonomy.

BitCoke also announced that RIV spot trade will come live around April 8 at 06:00 UTC on the official Twitter.

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