The Exciting Launch of Gomble Games’ GM Token
In a significant move within the blockchain gaming sector, Gomble Games, the blockchain division of the renowned mobile gaming studio 111 percent, often abbreviated as 111%, is gearing up to unveil its native GM token. This exciting development was disclosed to Finbold on Tuesday, April 15.
Introduction to the GM Token
The much-anticipated GM token generation event (TGE) is scheduled to commence on April 16 at 1 AM UTC. Following this, the token will be listed on prominent centralized (CEX) and decentralized exchanges (DEX), marking its official entry into the crypto market.
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Understanding Gombel’s GM Token
The GM token is not just another cryptocurrency; it serves as a bridge connecting players and blockchain developers within the GOMBLE ecosystem. This innovative token provides numerous advantages to its users. Players, for instance, can enjoy discounts on in-game purchases and access exclusive rewards. These incentives can be unlocked through engaging activities like participating in staking pools that are influenced by in-game performance.
For developers, the GM token acts as a utility tool, granting them access to valuable player data through GOMBLE’s on-chain SQUAD system. It also opens up opportunities for funding, facilitating marketplace transactions, and more. To ensure the token’s sustainability and maintain its value, a buyback-and-burn mechanism will be implemented, which will help manage the token supply effectively.
Looking ahead, GOMBLE plans to introduce governance features and additional utilities, further empowering the community and encouraging active participation.
The GOMBLE Ecosystem Airdrop
In celebration of the GM token launch, GOMBLE has announced an exciting Ecosystem Airdrop Campaign. This initiative spans across 12 Web3 projects, offering enticing rewards that are distributed based on user activity and token holdings.
Central to this initiative is GOMBLE’s Proof of SQUAD (PoSQ) model. This model effectively tracks and validates collaborative play and social interactions within the ecosystem. According to independent research, this approach has proven to boost daily retention by 7% and significantly increase spending among paying users by nearly sevenfold.
The Expanding GOMBLE Ecosystem
The GOMBLE ecosystem has been experiencing remarkable growth, backed by $10 million in funding from esteemed supporters such as Yzi Labs, Hashed, Spartan, Shima Capital, and Animoca Brands. The platform has also seen a surge in user engagement, boasting over 3.5 million users, with 2.8 million active monthly participants. It has also garnered a substantial following, with over a million followers on platforms like X, Discord, and Telegram.
Moreover, GOMBLE’s Launchpool #3 Campaign achieved impressive results, with 8.6 million missions completed, 360 billion SQUAD Coins deposited, over 653,000 unique wallets participating, and approximately 2.29 million transactions, amounting to a transaction volume of $300,000.
As GOMBLE continues to expand its reach and impact in the blockchain gaming industry, the launch of the GM token and its associated initiatives are poised to further solidify its position as a leading player in the Web3 gaming space.
