Initial Orc Offering (IOO) on CROWD Launchpad

CRODEX
2 min readApr 11, 2024

A culture-themed meme project from the Crodex power-incubator, Grogg the $ORC is launching on CROWD

A catapult event!

Who is Grogg the $ORC?

It is a typical meme project with an unusual dedication to the ORC theme. Which is also the reverse of CRO. Grogg is an entrepreneurial Orc bringing his utmost intellect (!) to Cronos.
The project is technically monitored and supervised by Crodex while maintaining its autonomy in decision making and building a community around Grogg the $ORC. We encourage you to join the horde of Orcs and visit https://groggtheorc.xyz/

Orconomics

Tokenomics of $ORC, namely Orconomics is simple as it should be.

Total Supply: 1B $ORC
40% — Initial Orc Offering: 400M $ORC
35% — Liquidity (to be burned): 350M $ORC
25% — Orcish Events: 250M $ORC (Orcdrop, Call for Captains, Orc Invasion, etc.)

Grogg the $ORC Presale Details

Launchpad site: https://swap.crodex.app/#/ido
Start time: April 12, 20:00 UTC
End time: April 14, 20:00 UTC
Max. target (hard-cap): 400K $CRO
For sale: 400M $ORC
Sale Price: 0.001 CRO per ORC
Max. Buy: 8K CRO per wallet
Listing Price: 0.001 CRO per ORC
Vesting Period: There is no vesting period

87.5% of the collected $CRO will be transferred to ORC-CRO Liquidity Pool, opening Grogg the $ORC for public trade. The LP tokens will be burned immediately. The remaining 12.5% will be allocated for development and liquidity management.

During Sale: Commit CRO to get ORC tokens on CROWD.
After Sale: Claim your ORC tokens on CROWD.

$ORC will be available for trading after the sale concludes.

Grogg the $ORC channels:

X

Discord

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CRODEX

CRODEX Exchange enjoys the enviable position of being amongst Cronos’ first and one of the most widely recognized Decentralized Exchanges (DEX).