In 24 hours, the IDO of Outer Ring MMO’s IDO raises 1.6M USDT

Outer Ring MMO completed its fourth round of investment raising 1.6M USDT in record-breaking Initial Dex Offering. GQ, their token, was launched after PancakeSwap’s TGE. It had +15M$ volume within the first 24 hours. The sci-fi Play-to-Earn game is currently in development and will launch its Alpha Game in June 2022.

They have raised 6M USDT in equity and 6MUSDT in token allocation due to the high expectation. This is after three years of in-house investment in NexxyoLabs.

Outer Ring MMO formed partnerships with 11 launchpads to perform their IDO phase: Metavpad. Bscpad. Seedify. InfinityPad. DaoStarter. Kommunitas. Brandpad. Gamespad. A total of 400.000.000 Galactic Quadrants(GQ), the game’s governance token, were released into the market at a price of 0.004 USDT and 10 months linear vest.

Get to the Market

On March 2nd and 3, the Outer Ring MMO held its Token Generation Event at PanckeSwap, just after the Initial Dex Offering. To create a liquidity pool, 500.000 USDT was required to provide 50M GQs (250.000 USDT) and a liquidity pool at a price 0.005 UDST. Trading of the currency on the market is allowed at an Initial Market Cap 1.050.000 UDST.

High expectations were met and the community answered the call. The pair was first in DEXTools BSC tracking and reached a maximum price at 0,0255$. Outer Ring offers a Staking Platform that allows token holders to earn tokenized materials, Space Corsairs Keys vitals and other rewards to help them succeed within their universe.

What is Outer Ring’s MMO Like?

Outer Ring MMO, a science fiction title, is an immersive social game that offers a rich universe and extensive lore. The metaverse’s Player Driven Economy allows users to interact with tokenized assets and NFTs without any entry barriers. Galactic Quadrants, Exo Credits govern the ecosystem. These tokens will enable the online economy to be transported into the real world, allowing brands to offer products or services within the normal gameplay.

The Outer Ring MMO’s roadmap is focused on allowing gamers to enter space battle fully-armored after the token launch and creation of a staking site. Users will be able acquire loot boxes that contain weapons, materials, and even the NFTs necessary to form clans in the months before the Alpha Game.

Outer Ring MMO, for the moment, is working with partners to integrate non-crypto publics into the game and brands into their Metaverse. Dextools Bluezilla and Metabrands are just a few of the well-known companies that have built space in the game. The international gaming community is accepting of the game, having been able to make agreements with eSports teams and renowned streamers. It is crucial to integrate mainstream gaming into the Play to Earn ecosystem.

Get latest news from African Startup ecosystem

Latest stories

You might also like...