IDO Announcement: GameStar is launching on PolkaEx Launchpad

Dear PolkaExians, after a few weeks of launching PolkaEx, we are glad to announce that on October 27, 2021, 10:00 AM (UTC), a new and the first IDO is launching on the PolkaEx launchpad. GameStar is going to be the first IDO project to launch on our launchpad.

This IDO presents an opportunity for our community to invest in GameStar- a decentralized P2P trading platform. With the incredible launch of the PKEX token that sold out in 1 minute 6 seconds, launching on PolkaEx’s Launchpad presents GameStar with a great opportunity and resources to jump-start the roll out of their platform and keep building.

GMS Tokenomics

  • Token type: BEP-20.

IDO Timeline & Details

  • Allocation: $200,000.
  • Date: October 27, 2021, 10:00 AM (UTC).
  • IDO price: $0.005.
  • Currencies: USDC.
  • Network: Ethereum Network.
  • Platform: PolkaEx Launchpad.
  • Initial MarketCap: $125,000.
  • Vesting Period: 25% after with the remainder split equally over 3 more months.
  • Token Claim: GameStar will start airdropping the 25% GMS tokens to all addresses participating in IDO after the end of IDO. Users need to switch to the BSC chain using Metamask to see their GMS tokens. If you do not receive GMS tokens please contact GameStar.

Private Pool

  • Private Pool allocation: $200,000.
  • Allocation limit: $100 — $1,000.
  • Time: 10:00–11:00 UTC, lasts for 1 hour.
  • Mode: First come, first serve (FCFS).

Public Pool

  • Public Pool allocation: Unsold tokens from Private Pool.
  • Allocation limit: $100 — $600.
  • Time: Opens at 12:00 UTC, lasts for 1 hour.
  • Mode: First come, first serve (FCFS).

Rules for participation in GameStar’s IDO

1. Participated and Staked LP Tokens on PolkaEx Farms.
2. Hold at least 0.0004 LP tokens in PKEX-USDC liquidity pools.

🔵 The value of the 0.0004 LP tokens is around $800-$1000.
🔵 As long as users meet one of the conditions, they are eligible to participate in Private Pool of the IDO.
🔵 NOTE: This participation rule is only for the current IDO. The next IDO will use our recently announced tier system.

Restricted Region List: United States of America, Canada, People’s Republic of China, the Hong Kong Special Administrative Region of the People’s Republic of China, the Republic of Seychelles, Bermuda, Cuba, Crimea, and Sevastopol, Iran, Syria, North Korea, Sudan, Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Democratic People’s Republic of Korea (DPRK), Ghana, Iran, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Syria, Uganda, Yemen, Zimbabwe; (ii) any state, country or other jurisdiction that is embargoed by the United States of America.

About GameStar

Built on Polkadot to provide an efficient, safe and profitable platform for global digital asset enthusiasts.

GameStar Exchange is a revolutionary trading platform that allows peer to peer traders to directly connect their wallet to participate in the market. All transactions are hosted in a smart contract. The user manages their own private keys to maintain control of their assets and to avoid the security risk of centralised management. GameStar will also have an NFT, Metaverse and Game Item market and use encrypted chats to ensure messages don’t get tampered with. GameStar plans to be the world’s leading decentralised P2P trading platform.

About PolkaEx

PolkaEx is a pioneering cross-chain liquidity integration platform powered by Polkadot. Our team is aiming at a top-notched decentralized exchange that doesn’t only provide higher TPS, lower transaction cost and smooth trading but also a launchpad and other innovative features that will make PolkaEx a one-stop Defi platform.

PolkaEx is a cross-chain trade platform based on Polkadot, using Astar Network to provide higher TPS, lower transaction cost.