The upcoming NFT-based mobile role-playing game Guild of Guardians has sold two slices of its native token (GEMS) for a total of $ 5.3 million.
The token sale, held on Coinlist on November 30, was oversubscribed 82 times, with around 808,000 registered users. Over 10,700 new GEM holders from over 100 countries have purchased up to $ 500 in tokens. However, users in Australia, the United States, Canada and China have been barred from purchasing tokens due to growing regulatory concerns.
GOG has allocated 6% of the total 1 billion total tokens to the CoinList sale, while 63% of the offering will be distributed through community-driven core events, activities and gameplay.
The phased launch of the up-and-coming game is slated for Q1 2022, with 400,000 users already pre-registered.
The game is from Ukrainian developer Stepico Games in partnership with Australian NFT Layer 2 scaling solution Immutable X. Immutable X is the first Layer 2 scaling solution for NFT on Ethereum and is supported by Galaxy Digital and Coinbase.
I am very optimistic about quality Australian crypto projects and I like to support them as I am sure others are doing too, so I hope Australians can not invest in $ IMX is just a mistake of @CoinList
– Nish Sequeira (@nishseq) August 26, 2021
Immutable Marketing Director Nicholas Kelland said GOG is going mobile to make it accessible to most people.
“Not everyone has really robust gaming rigs and PCs and so on. Mobile was therefore an easy choice for us.
Just damn cool, really pic.twitter.com/a3MFzrgMZt
– GuildOfGuardians (@GuildOfGuardian) November 29, 2021
The success of GOG’s successful Initial DEX Offering (IDO) comes as games to win become more and more popular. In GOG, every game asset that users own is a tradable and exchangeable NFT.
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“I think the concept of asset ownership in the game is inevitable. And it’s a matter of when, not if, “Kelland said, adding that” it comes down to the concept of the economy of content creators and people, people having essentially what they deserve to own.
This comes after the first Founder NFT sale in June, which raised $ 3 million in 24 hours. The second wave raised $ 5 million and the third and final wave raised over $ 4 million.