$GIF’s $550,000 IDO Sells Out in 8 Hours as NFT Gaming Takes Centre Stage
02 Setembro 2021 - 11:42AM
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Surging interest in in-game NFTs has picked up following the sharp
drop-off from the NFT art mania of early 2021, and in doing so,
this new interest has spurred a mammoth $2 billion spend on NFTs
during the first three months of 2021 alone. New NFT marketplaces,
dApps, and the blockchain solutions that support them have been
launching at breakneck speed as thousands of digital collectibles
enter the market. If NFT art was the catalyst for DeFi in the first
half of this market’s crypto bull, then NFT gaming is certainly the
benefactor of the market’s recent resurgence. For the first time,
in-game NFTs are commanding demand and value in not only their
respective game environments but the wider market as players can
play-to-earn through an endless stream of unique and interesting
gaming ecosystems. $GIF IDO & Tezotopia Success Gif.games is an
emerging name in the NFT gaming space, buoyed by the fast success
of the launch of its first big game, Tezotopia, and recent
governance ($GIF) token IDO pre-sale. Taking place at 1400 UTC on
Saturday the 28th, 2021, the IDO sold all 20,000,000 $GIF, raising
100,000 Tezos, ($550,000 USD) with 20% of the available $GIF being
bought in just the last 60 mins. The $GIF token presale on Rocket
Launchpad sold out in only 8 hours and was the first solo-launched
project on Tezos from a native launchpad and the first solo launch
to sell out. Earlier in August Gif.games launched an NFT
marketplace and open-world game called Tezotopia with a
cryptocurrency called Unobtainium (UNO) that can be used in-game
and traded openly on the market. The Tezotopia marketplace launch
sold out in only 20 mins, raising an initial $76,514, which was
spent on various in-game assets, and resources. The rapid nature in
which both launches sold out reinforces the strong pull of the NFT
gaming space right now and the wider market’s growing interest in
being a part of interesting new gaming ecosystems like that of
Tezotopia that can offer users monetary gains as well as a unique
experience. Gif.games has said that it will put 40% of the money
raised into LP for $GIF, which will be locked for 1 year. The other
60% of the other funds raised will be used for marketing, game
development, and the continued development of the Tezos NFT
Ecosystem. Gif.games has stated that it will keep project funding
goals to a maximum $300,000 USD to ensure that projects have a good
funding pool to work with while also maintaining plenty of room for
price growth to attract buyers outside of the IDO. Governance Token
& Staking Tiers GIF token is the governance protocol for
gif.games and provides numerous benefits such as governance rights
for voting on things all Gif.games related, marketplace discounts,
a revenue share system, and early access to exclusive new titles
and in-game perks. Governance staking is the first and perhaps most
important tier unlocking benefits through a 15-day lock period.
This tier really allows for deep involvement with the project’s
development as stakers will become a decision influencer of
Gif.games ecosystem, having a choice on the outcome of proposals,
and game changes through a voting system. A 30-day lock opens up
the discount tier, with a 3% discount on sale purchases for any and
all Gif.games items through its gaming ecosystem. Finally, a 45-day
lock entitles stakers to a share of 3% from the marketplace sales
revenue pool, and early access to Beta testing, new titles, and
updates to current games. The NFT Gaming Industry Blockchain gaming
companies raised $476M in the first half of 2021 as NFTs took the
digital art, gaming collectibles, and even the music industry by
storm. A single NFT digital art collage fetched $69.3 million in
May 2021, a price usually reserved for Van Gogh or Picasso
masterpieces. The market peaked two months later and was swiftly
followed by a familiar but severe correction. Over the last two
months, the market has seen a solid recovery and NFTs are again
selling at the same rate they were back in May. Play-to-earn
NFT-based titles like Tezotopia are creating a whole new level of
interest in the industry today as the in-game items that previously
only held to gaming environments have now transcended the genre
entirely. Blockchain technology is providing the launchpad for the
NFT space through transparency, with the ability to prove item
authenticity, while offering users a way to earn from in-game
currencies and unique digital items. Gif.games Growth In unison
with the Tezotopia market sellout, Gif.games was accepted into the
Blockchain Gaming Alliance as a silver member. With the $GIF Rocket
Launchpad IDO so successful, Gif.games has secured a listing for
its governance token on Tezos’s DEX QuipuSwap so users can now
freely trade the token. Gif.games is now focused on using the IDO
funds to bring in more top developers, and artists to expand its
rapidly growing gaming universe. The imminent launch of the
Tezotopia dApp and attractive benefits of the $GIF staking tiers
are just a couple of factors that position Gif.games to become a
big name in the space, and with airdrops, incoming artist
collaborations, new battle engine beta testing, and whispers of a
new game in the works, Tezotopia and Gif.games have well and truly
stamped their names on the NFT gaming wave this year.
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