Introduction to $ELIX Token — Gaming is so back!

After four years of intensive work, the arrival of many games to our Launcher, and great additions to our team, it’s time to introduce our “elixir”.

We are pleased to announce the launch of the $ELIX token through our IDO. At Elixir Games, we aim to revolutionize how blockchain games are funded, developed, and brought to market.

Crucial challenges we address

• Democratize access to blockchain games’ funding, allowing retail investors and large funds to support projects from their initial stages.
• Implement an infrastructure where our community can decide which projects receive funding and support.
• Provide an incubation program for high-quality gaming studios to enhance their journey in the web3 ecosystem.

$ELIX token will be the engine of the change, it is the native token for the elixir.app platform and will have many use cases, including:

• Guaranteed allocation to invest in top games in our Launchpad, providing incubation to the selected companies.
• Staking program with RNG boosts in APYs based on user’s tier level.
• Access to exclusive airdrops from Elixir Platform games.
• Voting rights over the selection of new games to be incubated or launched.
• Access to exclusive features and events in social metaverse spaces.
• Premium features at Elixir Game Platform.
• Payment method (cashback) for our marketplace integrated with all video games of the Elixir Launcher (SDK).
• Access to the season pass of Elixir.

$ELIX pre-IDO Tier system

In terms of launchpad roles, our tier system is designed to gamify the traditional DeFi system by offering a base APY + a random boost APY through weekly rewards. Added to that the role acquired will allow stakers to participate in new upcoming launches.

Linked to this, $ELIX token will have a continuous burning in order to set up a deflationary economy with weekly bonfires based on platform transactions as it follows:

• 0,5% of every payment happening in the platform will go directly to burn $ELIX
• 15% of early unstaking in the dApp will be burnt (only after 75% completed epoch will be available)
• 0,5% of every IGO ticket will burn $ELIX
• 2% of every collected stable for IGO will go to burn $ELIX
• 1% of every amount swapped/bridge into the Elixir ecosystem will burn $ELIX

Stay tuned for more details on how you can participate and make the most of the Elixir Games tier system. Together, we are building a new universe of opportunities in the world of blockchain gaming.

Thank you for your support, and welcome to Elixir Games! Gaming is so back!

Carlos Roldán, Elixir Games CEO