GameStation Announces IGO Tier System For Rest of 2021
The GameStation tier system for upcoming IGOs and INOs has now been fixed for the rest of the year.
We know you’ve been waiting for this article for a long time. Many of you have asked us why we haven’t published a fixed tier system before?
Well, our objective was to immediately provide utility for the $GAMER token. Unlike other launchpads, we started providing access to top-tier offerings to our community of token holders on the very next day after our own debut! Our initial objective was to wait for our own on-site staking pools to announce a formalized tier system and to use the MANTRA DAO staking pools at https://app.mantradao.com/staking to experiment with various models before settling on an optimal allocation sharing model.
However, the GAMER community has spoken! You guys wanted us to set a fixed system so you can plan accordingly. We totally understand that. Thus, in this article, we will introduce the fixed allocation sharing model that GameStation will use for all upcoming IGOs and INOs until AT LEAST the end of the year 2021. We will provide ample lead time before making any changes to this system via another detailed Medium post like this one.
GameStation will use for all upcoming IGOs and INOs until AT LEAST the end of the year 2021. We will provide ample lead time before making any changes to this system via another detailed Medium post like this one.
The GameStation Tier System is divided into four tiers:
- The Top 420 Tier (with Guaranteed Allocation in every IDO)
- The Next 420 Tier (an FCFS tier with a 47% chance for allocation)
- The Lottery Tier (available to all with 500 GAMER staked)
- The Play4Allo Tier (for only the best GAMERs)
The Top 420 Tier
Guaranteed Allocations — 85% of total allocation
Here is the first part of the Tier System, the top 420! For the next IDOs, holders will have to stake in the MANTRA DAO staking contract. When staking, you will receive sGAMER. You’ll have to be among the top 420 sGAMER holders to receive a guaranteed allocation.
To check your position, please check the sGAMER contract here: https://polygonscan.com/token/0xd1ecdc553651dab068486d9c4d066ecdc614416e#balances
For every IDO, we will announce a snapshot date and hour. This snapshot will always happen a day before the IGO, at 11:59 PM UTC. If we take a snapshot at any other time, we will announce it on the IGO Announcement Medium Post and our Official Channels (Telegram and Twitter.)
Within this tier, the allocation will be divided as such among 420 guaranteed allocation spots, which represents 85% of the total allocation.
- Spots 1–10 (10 Stakers) 10% of the allocation
- Spots 11 to 70 (60 Stakers) 20% of the allocation
- Spots 71 to 200 (130 Stakers) 25% of the allocation
- Spots 201 to 420 (220 Stakers) 30% of the allocation
The Next 420 Tier
FCFS Allocations — 9% of total allocation
Here is the second part of the tier system, the FCFS pool. For the next IDOs, holders will have to stake in the MANTRA DAO staking contract. When staking, you will receive sGAMER. You’ll have to hold a position between the 421st and 840th sGAMER holders to participate in the FCFS pool. There will be 420 participants, and 200 winners.
The ratio of 200 winners out of a pool of 420 stakers gives you a chance of 47.62% to earn an allocation from this tier. But never fear, if you don’t manage to secure an allocation from the FCFS pool, you’ll have another chance to earn allocation from the following tier as long as you have a minimum of 500 sGAMER.
The Community Tier
500 $GAMER staked — 4% of total allocation
Here is the third part of the tier system, the lottery pool. For the next IDOs, holders will have to stake in the MANTRA DAO staking contract. When staking, you will receive sGAMER. As long as you have staked a minimum of 500 sGAMER and you are outside of The Top 420 Tier, you will be entered into a lottery for one of 100 allocation slots for this lottery.
For example, if the total allocation available from the game is $100,000, these allocation slots would be worth $40 each. If the total allocation on the platform is higher, then these slots would accordingly be worth more. With a $250,000 raise on the platform, these slots would each be worth a $100 allocation. This pool may include FCFS pool participants from the Next 420 Tier as long as they have a minimum of 500 sGAMER.
40 winners — 2% of the total allocation
Here is the fourth part of the tier system, the Play4Allo pool. This is an innovation that we introduced with the Playermons IGO. For this tier, you will have to play for your allocation!
For now, Coinracer is our gaming partner. We will work with them for the next Play4Allo. You will have to pay $GAMER to participate in the game. There will be free tries for stakers. A minimum of 500 $GAMER will be required to benefit from the ten free games.
We will communicate the game and the rules for each IGO along with the IGO announcement.
What if there are unsold tokens from the sales?
In that case, there are three possible solutions that we would consider at the time:
- GameStation will keep it and buy it for Treasury.
- GameStation will organize FCFS pools for stakers (minimum 500 $GAMER staked) and the allocation would be distributed equally to those claiming the slots.
- GameStation will organize giveaways for stakers (minimum 500 $GAMER staked) and/or community members.
You now know the rules for GameStation future IGOs. Stack and Stake as many GAMER as you can, and be ready for a crazy month of December! Our next Medium post will outline the calendar that our BD team has lined up for an amazing holiday month of fresh new games.
Stay tuned for more news!
GameStation is a multi-chain community-oriented gaming incubator and launchpad. We are adding a gamification layer to the launchpad to make it easier and more fun for gamers to participate and invest in innovative games. GameStation will also allow users access to an NFT marketplace where they can buy and sell in-game items easily. Finally, the community is at the center of GameStation, and gamers will have the opportunity to create social events and tournaments.