YGG introduced the IDO of $SEA Token will happen from Might 9 to Might 14. The Preliminary DEX Providing (IDO) will happen on the Copper Launchpad.
$SEA Token comes from Yield Guild Video games Southeast Asia (YGG SEA), a sub DAO of YGG. YGG is a Philippines-based gaming startup primarily targeted on blockchain video games.
YGG SEA Raised $15M
YGG SEA raised $15M in funding from some massive names in blockchain. $15M was raised in two rounds. Who Invested?
- Crypto.com Capital
- Polygon
- Solana Ventures
- Infinity Ventures Crypto (IVC)
- YGG
- Animoca Manufacturers
Following the $15M funding, YGG SEA will not be providing their $SEA Token IDO on Copper.
$SEA IDO Public Sale
The public sale will start at 15:00 UTC (Might 9) and can finish on Might 14. On this preliminary public sale IDO, solely 7.5% of the entire provide, 75M Tokens, might be allotted. (Complete Provide is 1 Billion tokens) The beginning value of $SEA is ready to be $0.50 per token.
$SEA Token would be the token of governance in YGG SEA ecosystem. $SEA holders may have unique rights to vote on proposals. Aside from that, the holders might be given whitelist alternatives for NFTs, airdrops, and unique reward allocations.
Copper Launchpad
YGG SEA has determined to go along with Copper because the launchpad is essentially the most user-friendly platform for YGG SEA token distribution. Because of Copper’s decentralized strucuture, the token might be equally distributed for all of the contributors collaborating within the public sale.
Moreover, Copper is inbuilt a method that it prevents whales and bots from buying all tokens in order that solely the actual contributors get the tokens.
YGG SEA’s Future
YGG SEA will not be stopping with their success in blockchain gaming. Since Final November, they’ve invested in 76 blockchain tasks.
Because the $SEA IDO takes place, YGG SEA has plans to develop. At present, they’ve places of work in Thailand, Vietnam, Malaysia, and Indonesia.
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