GameSwift, a web3 gaming ecosystem has announced dates for its token Initial Dex Offering (IDO). The $GSWIFT token IDO event will occur from July 17th to 19th, 2023. The gaming platform has partnered with SpartaDex, Arbitrum’s first-ever gamified DEX to launch on its launchpad. SpartaDex’s launchpad, SpartaPad is currently the most awaited product in the Arbritrum ecosystem. Â
Why SpartaDex?Â
As the first gamified DEX on Arbitrum, SpartaDex recorded about 14,000 users during the testnet activities. Its launchpad allows users to get early allocations in top projects. The GameSwift team has decided to make $GSWIFT IDO the premiere IDO on SpartaPad.Â
GameSwift Token IDO Details
The $GSWIFT token IDO is a single-event round, exclusively available to those who are whitelisted NFT owners. GameSwift aims to raise only $300,000 from the offering event. Players are advised to secure their allocation promptly because the IDO will implement a first-come, first-served (FCFS) model, ensuring transparency and fairness. The team promises to share the exact timing and links a few days before the IDO event. Â
During the IDO event, the $GSWIFT token can be purchased for a token price of $0.025 with a vesting condition of 35% TGE, 1m cliff, and 5m linear. SpartaDex NFT Holders must hold at least one NFT and a maximum of three NFTs. SpartaPad has a smart contract that registers an NFT on the Launchpad, preventing the re-usage of an NFT. Each NFT gets a $200 allocation. GameSwift community members with OGs and Discord Hunter roles get a $500 allocation, thereby enhancing their investment potential.
All IDO participants and early token holders can participate in a secret lock-drop campaign launching soon. The campaign will begin after the TGE and token listing.
GameSwift x SpartaDex PartnershipÂ
Users can enjoy several juicy benefits from the partnership between GameSwift and SpartaDex. One of them is Dual Rewards, a $GSWIFT / $USDC liquidity provider on SpartaDex will get regards in $SPARTA tokens and $GSWIFT tokens. However, the reward size is not only based on the LP position but also on a player’s settlement development. The integration of GameSwift IDs will help SpartaDex increase its user experience, drive adoption across mainstream audiences, and achieve maximum scalability.
