The long-awaited Token Generation Event of GameFi is around the corner!
GameFi IDO will take place on September 10, 2021, in a collaboration with PolkaSmith. To participate in the $GAFI IDO pool on GameFi Launchpad, each participant needs to increase their score to be able to enter the Top 150.
Let’s find out more about how to join below!
- $GAFI IDO on GameFi is organized as a competition, with participants ranked according to their $KSM contributions and on-demand task completion.
- The $GAFI purchasing time in its IDO pool on GameFi Launchpad is divided into 2 phases.
- Phase 1 is for Top 120 IDO participants. Their $GAFI allocation is announced before the IDO and is guaranteed, so no gas war, and everyone in the Top 120 can purchase for their token during Phase 1.
- After Phase 1 ends, if there is any $GAFI left, Phase 2 will start for the Top 150 IDO participants on an FCFS basis. Each of them can buy up to $100 worth of tokens.
- We will stop counting the Top 150 participants for GameFi IDO at the snapshot time.
- Pool open: 4:30 PM UTC, Saturday, September 4, 2021
- Pool close & snapshot time: 5:00 AM UTC, Thursday, September 9, 2021
- Winner announcement: 7:00 AM UTC, Thursday, September 9, 2021
- IDO date: Friday, September 10, 2021
- Buying time Phase 1 (Top 120): 10:00 AM — 12:15 PM UTC
- Buying time Phase 2 (Top 150): 12:15 PM — 12:30 PM UTC
- Listing time: 2:15 PM UTC, September 10, 2021
- Claim time: 2:30 PM UTC, September 10, 2021
- Token type: BEP20
- Price per token: $1.00 per $GAFI
- Vesting schedule: 25% at TGE, then 25% at months 3, 5, and 7
- Accepted currency: BUSD
- Restricted countries: United States of America, China, Hong Kong, and all sanctioned OFAC countries (DR Congo, Iran, Myanmar, Sudan, Iraq, Ivory Coast, North Korea, Syria, Zimbabwe, Cuba, Belarus, Liberia)
- Token allocation
How to join $GAFI IDO on GameFi?
1️⃣ Step 1: Contribute $KSM to the PolkaSmith Crowdloan
Click HERE for a step-by-step guide.
Remember to which ERC20 you provide in the $KSM contribution form. This wallet MUST be used to register an account on GameFi Launchpad and do the KYC.
2️⃣ Step 2(Optional): Complete all tasks on the $GAFI IDO campaign on Gleam to get 1 bonus point
3️⃣ Step 3: Register an account on GameFi Launchpad and complete the KYC.
Remember to register with the same ERC20 wallet which you used to fill in the $KSM contribution form.
4️⃣ Step 4: Stay tuned to GameFi official channels for the final results
Real-time Top 120 and Top 150 updates are available at https://polkasmith.polkafoundry.com/#/event/1.
- The achievement of each participant is calculated by the total number of contribution points that he/she owns.
- Each contributed $KSM is worth 1 point.
- Completing all tasks on Gleam is worth 1 point.
- The Top 120 are the 120 participants with the highest points from the time of opening the $GAFI IDO pool on GameFi to the snapshot time.
- The Top 150 are the 150 participants with the highest points from the time of opening the $GAFI IDO pool on GameFi to the snapshot time.
- 15% bonus KSM point for any $KSM contributed before 05:00 pm UTC, Sep 5, 2021.
- 10% bonus KSM point for any $KSM contributed from 05:01 pm UTC, Sep 5 to 05:01 pm UTC, Sep 8, 2021.
- Referral: The referrer gets a 5% bonus KSM point based on KSM points of the referred.
GameFi is an all-encompassing hub for game finance. Its ecosystem features Yield Guilds, Launchpad, Aggregator, Marketplace, and Accelerator. GameFi was created to work out problems that most game studios have encountered and discovered effective ways in developing a platform that builds relationships with game players, token holders, and traders all in one place.