Update (April 1): The SafePal Wallet Holder Offering Event with BOBA Brewery is ended. The results of reward shares have been calculated and displayed within the WHO-BRE DApp. Read more here.

Hello SafePal Community,

We are pleased to announce our newest partner for the SafePal WHO (Wallet Holder Offering) – BOBA Brewery. Excited to introduce our 1st BOBA Network $BOBA Wallet Holder Offering (WHO) partner BOBA Brewery for taking part in educating the SafePal community about new Layer 2 solutions. Through this Wallet Holder Offering Event, the SafePal community will get to experience a brand new blockchain as well as a layer 2 network.

BOBA Brewery is the first fully decentralized fundraising platform in the Boba ecosystem and it aims to provide a high-quality optimization on project fundraising. As the first launchpad on the Boba chain, it prioritizes launching projects on the Boba network to connect investors looking for initial decentralized exchange offerings. Fairness, safety, and transparency are the top missions it seeks to benefit all token holders with any size of investments. To make Boba Brewery an innovative community, it has designed a zero-fee strategy on its smart contract, making participation available to everyone.

$BRE is the native token of the Boba Brewery framework and plays a central role in our platform. It allows holders to utilize our launchpad, stake their assets, and vote on any upcoming governance proposals. The token is also designed to be a utility coin and will be used to encourage holders to adopt the protocol.

Each SafePal Wallet Holder Offering (WHO) is different from one another because every crypto project is inherently different. During the SafePal WHO X BOBA Brewery campaign, all the whitelist participants will share an exclusive 5,000,000 $BRE reward pool by completing WHO campaign tasks within the SafePal Wallet. Scroll down and learn how to participate.

How to participate

Step 1 Get prepared for the campaign

Make sure you have downloaded the latest SafePal App V3.2.0 from here, set up the SafePal App, and create a wallet in the App. Here are some useful tutorials for the wallet setup process:

Step 2 Pass the Whitelist by holding $SFP

The whitelisting begins at 12:00 PM UTC on March 30, 2022. Before you start, please note that:

Users need to enter the whitelist in order to participate and claim the rewards from the 5,000,000 BRE reward pool.
The participant limitation is 20,000, meaning only the first 20,000 users who are whitelisted successfully are able to participate in the campaign.
Please read through the following guidelines and disclaimers carefully before you participate in the event.
Each mobile device and BSC Wallet address can only participate in the campaign once.

Qualified users must meet EITHER one of the following conditions below:

The user has a SafePal S1 hardware wallet paired to the App with at least 50 $SFP in balance
The user has a software wallet with at least 300 $SFP in balance
The $SFP tokens required above need to be held in the wallet throughout the campaign

Notes:

Participants have 48 hours to complete the whitelist task, and the whitelisting will end on April 1st at 12:00 PM UTC
Once passes the whitelist, the participant is able to see the main task within the WHO-BRE DApp, as described in Step 4.
Users need to hold the $SFP amount throughout the campaign. Otherwise, the qualification will be void. Read more about this at Step 4

Step 3 Spread news and join the communities to win additional shares from the reward pool

Users who are verified as whitelist users can enjoy additional share allocations if they successfully complete the following social tasks:

1. Follow and Retweet on Twitter

Important: Users need to pass the whitelist and finish the main task to get the rewards from this Twitter task. Make sure you have entered the campaign whitelist and finished the main task on step 4.

The Twitter account must be older than 180 days and have more than 10 followers.
The task verification might take a while during peak times. Please wait patiently if you don’t see an immediate status update

For detailed instructions on this task, read the tutorial here.

2. Join Communities

Important: Users need to pass the whitelist and finish the main task to get the rewards from this Join Community task. Make sure you have entered the campaign whitelist and finished the main task on step 4.

In this task, participants must join both the BOBA Brewery Telegram and the SafePal Discord community. For detailed instructions on this task, read the tutorial here.

3. Join Super Referral Program to Win More Shares

Important: Users need to pass the whitelist and finish the main task to get the rewards from this Super Referral Program task. Make sure BOTH the referee and referrer have entered the campaign whitelist and finished the main task on step 4.

The SafePal Referral Program is a great way to earn additional WHO airdrop tokens for free by inviting your family and friends.

To build a successful and valid referral, both the referer and the referee need to pass the whitelisting and complete the main task. The more referrals you made, the more shares of rewards you will be credited at the end of the campaign:

Refer 1-10 Referees: 0.1 share
Refer 11-20 Referees: 0.15 shares
Refer 21-30 Referees: 0.2 shares
Refer Above 30 Referees: 0.3 shares

For detailed instructions on this task, read the tutorial here.

Step 4 Main Task
Commit 21 USDT (BEP20) into the Exclusive BOBA Brewery Initial Offering Pool

Once a participant enters the white list, the main task will be displayed in the WHO-BRE DApp. To complete the task, you will need to commit 21 $USDT (BEP20) to the BOBA Brewery smart contract to participate in the exclusive BRE initial offering pool. Participants who complete this main task and still hold the $SFP amount within the wallet (as requested in Step 1) will get:

$20 worth of $BRE tokens (based on public sales price),
$1 worth of BOBA Layer 2 $ETH token, and
additional 3 shares of the 5,000,000 $BRE reward pool

Important:

The 21 $USDT committed to the BRE initial offering pool will not be returned and cannot be revoked or withdrawn. Instead, it will be vested and given to the Brewery team as part of the BRE initial offering.
Participants have 48 hours to complete the main task. If a main task is not completed by 12PM UTC on April 1, the qualification of the whitelisted participant will be void.
To qualify for the final task, users need to hold the $SFP token in the wallet throughout the campaign, as described in Step 1. Otherwise, the qualification of the 3 shares will be void, but the $20 worth of $BRE tokens (based on public sales price) and $1 worth of BOBA Layer2 $ETH tokens will still be distributed to the participant.

For detailed instructions on this task, read the tutorial here.

Main Task Update:
All qualified whitelisted users MUST complete the WHO-BRE Main Task of committing 21 USDT (BEP20) into the BRE initial offering pool within 48 Hours.

Users who fail to complete the Main Task within 48 hours after successfully whitelisting will have their whitelisted slot allocation removed and reopened for new participants.

This means that if you didn’t enter the whitelist, you still get a chance for the whitelisting slot to re-open at the following time slots:
* The 1st round of whitelist slot re-allocation will happen on April 1st, at 12PM UTC.
* The 2nd round of whitelist slot re-allocation will happen on April 3rd, at 12PM UTC.

Please come back at 12PM UTC on April 1st and 12PM UTC on April 3rd to check for the re-allocation updates. Thank you for your cooperation.

Campaign Timeline

12 PM UTC, March 30: Users can start to verify the whitelist qualification within the SafePal App. Once approved, users can then begin to complete the social tasks as well as the main task.
12 PM UTC, April 1: The whitelist will be ended, while the whitelisted users can continue to finish the main task and other bonus tasks.
8AM UTC, April 5: The BOBA Brewery WHO Campaign will end. A snapshot will be taken to verify whether there are still $SFP holdings in the wallet as requested in Step 1.
12PM UTC, April 5: $BRE rewards amount will be calculated displayed within the “WHO – BRE” DApp.
Update: The SafePal Wallet Holder Offering Event with BOBA Brewery is ended on April 1st. All the shares are calculated and displayed in the WHO-BRE DApp. Read more here.
All the campaign rewards (as mentioned in Step 4) will be distributed to qualified participants after BRE is listed for public exchange.

Rewards Calculation & Distribution

1. Distribution of $BRE

By the time the campaign ends on April 5th, 2022, all participants who 1) completed the main task of committing 21 USDT into the BOBA Brewery Pool and 2) hold $SFP throughout the campaign (as described in Step 1) will be qualified for the distribution of $BRE tokens from the 5,000,000 BRE reward pool.

The reward token amount each participant receives is calculated based on how many participants are sharing the pool and how many tasks the participants complete. The calculation formula is as follows:

Each Participant’s SFP Reward = [ 5,000,000 BRE Tokens/ Number Of Total Shares Completed ] * Number Of Shares Completed By Each Participant

FAQ

1. How to obtain USDT (BEP20) tokens?

USDT (BEP20) is available through the SafePal Swap/Bridge service. Here is the tutorial on how to use the SafePal Swap/Bridge service.

2. What is Wallet Holder Offering (WHO)? Why should I participate?

SafePal Wallet Holder Offering is a mechanism to reward all the SafePal users, SFP holders, and community supporters. Users can earn exclusive token airdrops from SafePal and its ecological partners. It’s a great way to earn extra rewards by already using the SafePal wallet or holding the SFP tokens. Learn more about the SafePal Wallet Holder Offering (WHO) from our previous announcement.

BOBA Brewery is the sixth partner of the SafePal WHO Event. You can learn about the previous WHOs from here:

3. When and how will the BRE Tokens be distributed?

Since $BRE token isn’t listed yet, the actual distribution of the BRE rewards will be transferred by the BOBA Brewery team after $BRE is listed. For now, the BRE IDO is set for 2022, but we will surely keep the community posted whenever there is an update. Subject to change by the BOBA Brewery team

4. How many reward tokens does one share equal?

It really depends on how many participants are sharing the pool and how many tasks the participants have completed together. The calculation formula is as follows:

Each Participant’s Reward Token = [5,000,000 $BRE / Number Of Total Shares Completed ] * Number Of Shares Completed By Each Participant

Disclaimer

Risk Warning

Cryptocurrency investment is subject to high market risk. Please invest cautiously. SafePal will not be responsible for your investment losses. SafePal will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities. SafePal will make the best efforts to select high-quality partners for WHO, but will not be responsible for your investment losses. Thanks for your support!

SafePal reserves the right to disqualify all suspected participants that are botting, front running, or exploiting the Wallet Holder Offering (WHO) mechanism without appeal. Investors also should be mindful that what has been described above surrounding Wallet Holder Offering (WHO) does not represent financial advice.

Not Investment Advice

This activity does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. SafePal does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Non Endorsement

The appearance of a third party on SafePal and its activities does not constitute an endorsement, guarantee, warranty, or recommendation by SafePal. Do conduct your own due diligence before deciding to invest in any third-party projects or use any third-party services.