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Gamium Partners with Vent Finance to Hold its $GMM IDO Event

Gamium is a Web3-focused technology with the vision to transform how people interact digitally. Suffice to mention that it is the first-ever metaverse that inter-connects, making assets multi-metaverse and avatars compatible. Members of the Gamium community can create their avatars, socialize, exchange NFTs, get a job and earn in the Gamium metaverse.

To build the economy of its metaverse, the decentralized social metaverse, socialize-to-earn platform is set to launch its token asset, $GMM. In light of this, it has announced the launch of its token’s IDO event slated to take place on Vent Finance

Highlights of the Gamium IDO on Vent Finance

The IDO event is scheduled to take place on February 25, 2022. However, the pre-event activities have been grouped into two phases.

Phase 1: Registration

The registration for the $GMM IDO will open on Monday, February 7 at 3:00 pm UTC and close on Sunday, February 13 at 8:00 pm UTC. 

Phase 2: Snapshot

The Snapshot of the $GMM token will start on Sunday, February 13 at 11:59 pm UTC and end on Sunday, February 20 at 11:59 pm UTC.

The goal of the Gamium platform is to raise $200,000. Each $GMM Token will be sold for $0.0003. Suffice to mention that participation in the Gamium IDO registration and the token launch on VENT Finance requires adherence to the VENT Tiers System.

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What is the VENT Tiers System?

This is a simplified Allocation ticket distribution system that is based on VENT holdings. It is made up of three stages, which are qualification, subscription, and golden allocation round. The first stage qualification – involves internal activities by the VENT team.

Seven days before the launch of the IDO, the team will carry out daily on-chain snapshots of all VENT holders on Polygon, BSC, and ETH. Users with the minimum Average Holding Score of 5,000 VENT tokens will get a Base Guaranteed Allocation. Suffice to mention that the snapshots will be carried out randomly.

The second stage is the subscription, which takes place a few days before the launch. The team will release the list of qualified wallets that will participate in an allocation distribution with the Base Guaranteed Allocation Size.

The third stage is optional and it depends on the volume of unclaimed allocation tickets in stage two. The platform will create a distinct Golden Allocation Pool, which will be used for creating extra-high-value allocations to be distributed on a first-come-first-served basis.

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