Member-only story
The NFT game Guild of Guardians gets $5.3 million, and the token sale is 82 times oversubscribed.
Guild of Guardians, an upcoming NFT-based mobile role-playing game, has sold two tranches of its native token (GEMS) for a total of $5.3 million.
The token sale, which took place on the Coin list on November 30, was oversubscribed 82 times, with about 808,000 individuals enrolling. More than 10,700 new GEM holders from over 100 countries spent up to $500 on tokens. However, because to rising regulatory worries, users from Australia, the United States, Canada, and China were barred from acquiring tokens.
GOG assigned 6% of the entire 1 billion tokens to the CoinList auction, while the other 63% will be distributed through community-driven events, activities, and core gameplay.
The soft launch of the play-to-earn game is scheduled for Q1 2022, with 400,000 people having pre-registered.
Stepico Games created the game in collaboration with Immutable X, an Australian-based NFT layer 2 scaling solution. Immutable X, funded by Galaxy Digital and Coinbase, is the first layer 2 scaling solution for NFTs on Ethereum.
According to Immutable’s Head of Marketing Nicholas Kelland, GOG is releasing on mobile so that it is available to the majority of people.
