Stories and Reviews
February 19, 2024

Heavily Backed Solana Game Antara Is Set to Launch Its IDO

In Brief

The gaming and blockchain community is buzzing with anticipation for the launch of Antara’s Initial DEX Offering (IDO) on the Solana network.

The gaming and blockchain community is buzzing with anticipation for the launch of Antara’s Initial DEX Offering (IDO) on the Solana network. A game that has garnered significant attention and backing, Antara – Raiders & Royals, known as @AntaraTheGame on social media platforms, is set to make waves with its upcoming IDO events. It’s set to be the official game for the blockbuster Antara movie, which is making history as the first movie ever to be part funded by NFTs (The Arabian Camels). 

Scheduled for Monday, February 19th, the IDO will first take place on Paragen.io, followed by another significant IDO on GamiWorld on Tuesday, February 20th. These back-to-back IDO launches mark a pivotal moment for Antara, offering gamers and investors alike the opportunity to be part of a project that combines immersive gameplay with a blockchain-based economy.

Antara’s IDO Details

Antara, ($ANTT), is launching on the Solana network, boasting a total supply of 120,000,000 tokens. With an initial market cap set at $626,400 and an IDO price of $0.2, the project presents an attractive proposition for potential investors. The vesting schedule includes 20% at Token Generation Event (TGE), followed by a 4-month linear vesting period, outlining a clear and investor-friendly roadmap.

Participation in the GamiWorld IDO

For those interested in participating in the GamiWorld IDO, the process involves several straightforward steps. 

Prospective buyers must first purchase GAMI tokens from listed exchanges, including xt.com, bitci.com.tr, and several others. Following the acquisition of GAMI, participants are required to stake a minimum of 300 GAMI tokens on launchpad.gamiworld.io to secure their tier before the snapshot on February 19th, 09.00 UTC.

The IDO day on February 20th is structured into two rounds, offering multiple opportunities for participation:

  • Round 1: From 14.00 to 16.00 UTC, where participants can buy ANTT based on their maximum allocation.
  • Round 2: From 16.15 to 18.00 UTC, allowing all tiers to make unlimited purchases until the pool is filled, on a first-come, first-served basis.

Tier System and Staking Requirements

GamiWorld’s IDO for Antara features a tiered system, from Rare to Special One, with staking requirements ranging from 300 to 25,000 GAMI. Each tier comes with its pool weight and guaranteed allocation, ensuring a structured and fair process for all participants. This tiered approach not only democratizes access to the IDO but also rewards the community’s most committed members with greater opportunities.

Conclusion

The launch of Antara’s IDO on the Solana network is a landmark event in the GameFi sector, promising to deliver a unique blend of gaming and financial innovation. With its detailed roadmap, clear participation process, and the excitement of back-to-back IDOs, Antara is firing up for a successful launch. As the gaming world eagerly awaits the TGE on Thursday, February 22nd, Antara stands out as a project with the potential to reshape the landscape of blockchain gaming.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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