Scotty Beam INO is Launching on Xion Finance

Xion
5 min readDec 14, 2021

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Scotty Beam INO is launching on Xion Finance on 10th Jan 2022!

Xion has partnered with Scotty Beam to firstly launch their INO on the Xion Finance Marketplace and secondly to utilise their cross-chain NFT teleport for Xion’s upcoming NFTs.

If you haven’t heard, Scotty Beam is the world’s first cross-chain NFT teleporter — here to help cryptonians move NFTs across blockchain galaxies; connecting Metaverses, games and marketplaces; cut through complexity; maximize value and fun throughout the voyage.

Join the Scotty Beam Community:

Website | Telegram | Twitter | Medium| Whitepaper

Scotty Beam INO Details on Xion Finance

Scotty Beam will be launching their Mystery Scotty Beam NFTs on Xion Finance, that will be transformed into concrete ones, each with its own utility value. The Mystery Scotty Beam NFTs will be revealed on the 23rd December 2021.

Mystery Scotty Beam NFT details:

4 rarity levels:

- Legendary (~1% from total)

- Epic (~10% from total)

- Rare(~30% from total)

- Uncommon(~59% from total)

Utilities for NFT holders:

- Up to 50% permanent discount for NFT Teleporter

- Up to 70% permanent discount for cross-chain P2P exchanges

- Up to 90% permanent discount for NFT Validator

- Up to 50% bonuses to staking APR

- Guaranteed allocations in cross-chain NFT sales

Xion Finance Sale Date: 10AM UTC, 10th Jan 2022
Network: Raise on BTC, ETH, LTC, XRP, DASH, BCH, XGT & xDAI
Scotty Beam NFT: Mystery Scotty Beam NFT

Early Access Rounds for $XGT tiers: 10:00AM UTC
INO Subscription Lottery Round (1h): 16:00PM UTC
Whitelisting FCFS (1h): 17:00PM UTC
Public Round (Open until sold out)
Distribution by Scotty Beam Team

  1. Mystery Scotty Beam NFT — $225 (500 Copies)

Early Access Rounds in the Scotty Beam INO

To get early access to the Scotty Beam INO, you will have to stake $XGT according to the $XGT staking tiers.

How to get early access:

  1. Go to the Xion Finance Website: https://xion.finance/farm_pool
  2. Open any of the following pools & Stake $XGT according to the $XGT tiers:
    - xDAI IDO/INO
    - XGT IDO/INO(ERC20)
  3. 48 hours before the Scotty Beam INO sale starts, your $XGT stake will be automatically locked in any of the IDO/INO pools mentioned above.
  4. After your stake has been automatically locked, you can view “Your Tier” in the any of the pools mentioned above to see what early access you have in the Scotty Beam INO sale.
  5. Your $XGT stake will be locked for 5 days after the Scotty Beam INO sale start date.

This early access round will be the first round of the Scotty Beam INO & the new IDO/INO pools will be live from 15th December 2021.

Locking Periods for IDOs & INOs

To ensure a fair launch for all IDO/INO projects, your $XGT stake will be automatically locked for 5 days from the start date of the Scotty Beam INO sale.

This makes sure that any guaranteed staking participants are actively staking before, during and after the Scotty Beam INO sale. Reinforcing the staking requirements to avoid allocations being distributed to investors that have not staked according to the specified tiers.

INO Subscription Lottery Round

Stand a chance to win early access into the Scotty Beam INO by subscribing to the $1 Daily Booster Membership. After the “Early Access Rounds” are completed, then the INO Subscription Lottery Round will open for 1 hour.

You will need to subscribe a minimum of 6 hours prior to the Scotty Beam INO and successfully renew your subscription before the next INO.

How to subscribe:

  1. Go to Xion Finance Website: https://xion.finance
  2. Subscribe to the Booster Membership at least 6 hours prior to the Scotty Beam INO.
  3. Successfully renew your subscription for upcoming INOs

Learn More

How to successfully renew your $1 daily subscription:

  1. Go to the Xion App: https://xion.app/wallet
  2. Top up your account balance with xDAI (xDAI Chain) to make sure your renewals are successful.

Please note: Any participants that are staking according to the $XGT tiers and have subscribed to the booster membership for the INO, will not receive any additional benefits. This membership is designed to give smaller investors the chance to win early access into the Scotty Beam INO before the whitelisting FCFS round, by not needing to stake $XGT according to the $XGT staking tiers.

Whitelisting FCFS Round

Xion Finance will be doing a whitelist competition, where winners will be able to participate in the Whitelisting FCFS Scotty Beam INO round.

Follow the instructions on the Gleam campaign and earn points. The more points you earn the more chances you have to win access into the Whitelisting FCFS Scotty Beam INO round. Gleam Campaign >> https://gleam.io/RMCrj/scotty-beam-ino-whitelist

Whitelist Round: 50 people with the highest score on the board will get access into the Whitelisting FCFS Scotty Beam INO round. The remaining 150 whitelist people will be randomly selected from the applicants.

All 200 whitelist applicants will be able to participate in Scotty Beam INO using BTC, ETH, LTC, BCH, DASH, XRP, xDAI or XGT.

The link for the public whitelist will be shared here once it is live, as well as on official channels.There will be a whitelisting FCFS round where any $XGT stakers can participate, regardless of their tier size or subscription status. Giving everyone a chance to get into the INO if they missed out on the Early Access Round. ScottyBeam INO Whitelist Winners: https://bit.ly/3HMEeJq

Gleam competitions will be run for each INO to whitelist participants for the First Come First Serve (FCFS) round.

Public Round

Didn’t get a chance in the Early Access, INO Subscription Lottery or Whitelisting FCFS rounds?

Then this is your chance to purchase any of the remaining Animalia NFTs.

The public round will only be opened if there are remaining Scotty Beam NFTs that were not sold out in the Early Access, INO Subscription Lottery and Whitelisting FCFS round.

The public round will be open until all remaining Scotty Beam NFTs are sold out.

Scotty Beam x Xion NFT Giveaway

Xion and Scotty Beam have jointly created 10 unique NFTs that will be part of an upcoming gleam giveaway and rewarded to random Scotty and XGT stakers.

They are limited to 10 copies per NFT and will be minted and distributed by the Scotty Beam Team on the BSC chain.

Simply stake $SCOTTY on https://claim.scottybeam.io/ and stake xDAI-XGT LP on https://xion.finance/farm_pool and stand a chance to win some Scotty Beam x Xion NFTs!

About Xion

By combining the irresistible perks of a Web3 environment, cross-chain capability, loyalty programs and cashback rewards, Xion readies itself to be the game-changer in the global e-commerce and finance industries. Essentially, Xion aims to be a Web3 Stripe facilitating crypto payments for thousands of merchants and their customers when they shop online and at almost zero costs.

Join us on Telegram: https://t.me/xionglobal

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