ChainGuardians Preliminary Dex Providing (IDO) Of CGG Token to go Reside on Polkastarter

ChainGuardians is a platform combining blockchain expertise and gaming to allow a player-focused and player-driven economic system. Gamers of the sport can take part in each the ChainGuardians RPG sport and the ChainGuardians NFT mining platform, incomes earnings and rewards. 

ChainGuardians has introduced their Preliminary Dex Providing (IDO) for the ChainGuardians Governance Token (CGG) on Polkastarter, the premier decentralized fundraising platform. 

ChainGuardians IDO Particulars 

The ChainGuardians IDO shall be going down solely on the Polkastarter platform on tenth March 2021. $150,000 value of CGG tokens shall be made out there through the public sale at a $0.12 per CGG token worth.

ChainGuardians hopes to lift $150,000 by the Polkastarter IDO. There shall be separate swimming pools, one pool for $POLS holders and one other pool for ChainGuardians group members. Out of the $150,000 value of tokens out there through the public sale, $90,000 value of tokens shall be reserved solely for $POLS token holders, and the remaining $60,000 value of tokens shall be reserved for the ChainGuardians group. In an effort to take part, each swimming pools must be whitelisted. 

To finish the whitelisting course of, all customers should register on the ChainGuardians web site, the ChainGuardians Telegram group, and comply with ChainGuardians on Twitter. Customers can even have to offer all crucial documentation to finish KYC formalities.     

The ChainGuardian Token

The ChainGuardians Governance Tokens (CGG) are the driving drive of the ChainGuardians ecosystem. They’re ERC-20 tokens which are based mostly on the Ethereum community. The token has a number of use instances which customers on the platform can reap the benefits of. A few of the use instances are 

  • Staking: Customers can stake the tokens and earn NFTs. 
  • Governance: CGG tokens may also be used as a governance token, enabling gamers to vote on any modifications or suggest modifications on ChainGuardians. 
  • Fee System: Gamers can use the CGG token as a fee system, incomes revenues by token buy-backs. 

The first perform of the CGG token is to reward the gamers within the ChainGuardians ecosystem. 

The whole variety of CGG tokens is about at 120,000,000, with 45% of tokens reserved for the group members. 

ChainGuardian Tokenomics 

Token Schedule And Allocation 

ChainGuardians plans to launch a complete of 120,000,000 tokens into circulation by 2026. 1% of the tokens shall be made out there for the general public sale on tenth March. The token allocation has been completed within the following method. 

  • Neighborhood members have been allotted 45% of the tokens. 
  • Advisors and staff members have been allotted 23% of the tokens. 
  • Early supporters of the ChainGuardians platform have been allotted 19% of the tokens. 
  • 11% of tokens shall be allotted to the ChainGuardians ecosystem. 
  • 2% of the tokens have been allotted for public sale. 

About ChainGuardians 

ChainGuardians is the place blockchain, gaming, and superheroes meet. The platform combines gaming and blockchain expertise, creating a novel gaming expertise. It additionally boasts the world’s first NFT mining platform and an interoperable RPG. ChainGuardians has each imaginative and deep storytelling and inspirational paintings. 

ChainGuardians creates a novel and balanced sport ecosystem using the ideas of free-to-play and play-to-earn. It offers customers the ability to make choices on the platform by governance. 

About Polkastarter 

Polkastarter is the subsequent logical step for interoperable DeFi. It makes use of a particularly constructed protocol for cross-chain token swimming pools and auctions, enabling tasks to lift capital in an interoperable and decentralized atmosphere based mostly on Polkadots. Polkastarter permits decentralized tasks to rapidly elevate capital and allows customers to make use of belongings past the present ERC20 commonplace.

Leave a comment

Your email address will not be published. Required fields are marked *