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.
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