News > Galactican Founders Token (GFT) Sale - Round 2 Resumes
The GFT sale was suspended during the public beta launch, but we are pleased to share the news that Round 2 has resumed, so you can now purchase this token from your IGWallet. Remember, you can also buy TRX from your wallet too.
Round 2 of GFT sale resumes!
Below, have provided the key aspects of GFT and the sale, including how to purchase and the benefits of doing so.
There will only be 250 from the 400 initially allocated for this round. The remaining 150 will be retained for testing, competitions, and reserved for future marketing strategies.
Once Round 2 has concluded, the remaining 500 allocation for Round 3 will be able to purchase for 15,000 TRX.
By purchasing GFT, you are directly supporting Intergalactic Gaming through the pre-purchase of services and other benefits; you are supporting Intergalactic Gaming in the next phase of the execution plan, namely the commercialisation and scaling of the platform. Having launched our public beta, this sale will specifically support our marketing strategies to acquire and retain users within the IGGalaxy.
In exchange for this support, the GFT provides a great opportunity: a lifetime premium subscription to the IG platform while also receiving multiple other benefits.
What’s more, holding a GFT provides exclusive cosmetics, in the form of non-fungible tokens (NFTs), ensuring true ownership. Over the last few decades, we have seen gamers secure gamertags and usernames to express themselves and stand out from others. Now, skins, avatars and many more customisable aspects provide gamers with a greater degree of expression.
The benefits of GFT are valuable to anyone who intends to use the platform. The limited quantity and exclusive benefits attached provide holders with continuous benefits, whilst still being tradable.
The benefits of purchasing a GFT include:
With the integration of Carbon’s infrastructure, remember that you can purchase TRX directly via your IGWallet. To do so, click ‘buy TRX’ in the wallet section and purchase with your credit card or Apple Pay. The fee for the transaction is 3.75%.
With the first 100 GFT being sold, we have reached our first milestone, so 75m of the 750m IGG incentive will be burned!
|GFT Sold (%)||GFT Sold||IGG Burned|
The table above has been updated, as we will retain 150 GFT.
Please note that this burn incentive will take place following from the conclusion of the GFT sales. You can see the 750m IGG token allocation, currently valued at $80,000+, in our burn wallet.
In order to receive the benefits of your GFT, a user will be required to deposit their GFT into a smart contract, which will soon be available on the IGGalaxy. The purpose of this will be be ensure the user has true ownership of a GFT and the benefits can only be attached to one account at a time.
By withdrawing the GFT from the smart contract, the user would no longer be able to receive the benefits.
More on this process will be revealed when appropriate.
Users will be able to convert their GFT to a non-fungible tokens (NFT) later this year.
These NFTs will allow platform users to customise their profiles with unique cosmetics, whilst also having access to the exclusive benefits associated with holding a single GFT token. These include a lifetime premium subscription to the IGGalaxy, the ability to create numerous teams and squads to compete in as many tournaments as possible, as well as much more. You can read more about our freemium subscription model here.
More information will be provided surrounding GFT and its conversion later this quarter.
To keep up to date with developments, please follow us on our various social media channels:
Last month, we announced that we were migrating IGGalaxy’s blockchain infrastructure from TRON to Matic Network, Ethereum’s Layer 2 scaling solution. Our developers have since been implementing the necessary features for TRC20 IG Gold (IGG) holders to convert their tokens to the ERC20 standard, so we can begin the next phase of our journey on Matic’s thriving ecosystem.
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This week, we host our first FIFA 21 tournaments for PS4 and Xbox players in Europe as we carry out our final preparations for our upcoming IGGalaxy esports tournament series! Also, don’t forget that we’ve already confirmed a brand new game to feature in IGGalaxy this month: Rocket League, which we expect will go live towards the latter end of next week!
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As we progress into the final quarter of a very explosive year for IGGalaxy, we want to thank our community who have remained passionate about what we are building while we continue to take vital steps towards establishing IGGalaxy as a globally recognised social competitive gaming platform.
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We concluded the weekend with the release of our IGGalaxy LitePaper v2.0, a document that serves to provide a greater insight into what we are building, and should be viewed as supplementary to our ‘IGGalaxy Token Economics v1.0’ document.
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