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:
On Wednesday 29 July, our co-founders streamed on Twitch to respond to questions relating to various aspects of IGGalaxy.
August 4, 2020
Let’s take a look at what esports tournaments are live in IGGalaxy this week! Remember all of our tournaments are free with IGG rewards available for all eligible players!
August 3, 2020
It’s a new week in IGGalaxy which means a week’s worth of new online esports tournaments to join! All tournaments are free to enter with loads of opportunities to receive IGG tokens! Win. Lose. Get rewarded!
July 27, 2020
We know you’ve all been waiting a while to hear from our co-founders, Josh and Naeem, so you’ll be ecstatic to hear that our next live stream will take place on Wednesday 29 July!
July 23, 2020
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