The $PIF Token Launch Auction
From inception, Play It Forward DAO has made its commitment to a more streamlined, user-friendly, inclusive Metaverse crystal clear. We are steadfast in our mission to redefine Play-to-Earn by enabling a Plug-and-Play Metaverse for guilds and players. Now, investors finally have an opportunity to invest in Play It Forward Tokens ($PIF) and share in the upside as we grow our platform, guild, and Treasury.
We are excited to share the details of the $PIF Token Launch Auction (TLA) — the first Guild/Play-to-Earn TLA in 2022.
Play It Forward DAO’s priority is for a fair, community-first launch and we have decided to conduct our auction on Copper Launch on 19 January 2022. Detailed documentation for Copper Launch is found here.
Details of the $PIF Token Launch Auction
Auction Link: https://copperlaunch.com/auctions/0xda724fa0Da9c7A17BdFB5e970Ba26b75588C5E4a
Start Date: 19 January 2022, 1pm UTC / 9pm GMT+8
End Date: 22 January 2022, 1pm UTC / 9pm GMT+8
Sale Duration: 3 days (72 hours)
Start Price: $1.27
End Price: $0.07
Minimum Purchase Amount: None
Accepted Currencies: USDC, WETH, DAI
Initial Pooled: 45,000,000 $PIF / 3,000,000 USDC
Start Weight: 95% $PIF / 5% USDC
End Weight: 50% $PIF / 50% USDC
Contract Address: 0xb30f5d11b94efbbfdeaa4de38edffceec0be6513
How Does Copper Launch Work?
The $PIF launch will take place on the Copper Launch platform, a leading token auction site designed with fairness and transparency in mind. Copper Launch doesn’t give priority to buyers with more resources to invest. And since they don’t issue tokens via intermediaries or based on geography, every buyer approaches the launch on an equal playing field.
When the TLA starts, the $PIF price will naturally decay over time, following a predetermined trajectory IF no buyers interact with the contract. However, as buyers purchase the token, the pull downward will be counteracted by demand, slowing the price decrease and even pushing it up. After market forces have had their way, the price will eventually settle. Buyers can purchase tokens any time that the auction is live.
What Do I Need For the Launch?
If you want to participate in the $PIF TLA, you’ll need to make sure you have a couple of things ready to go.
- You’ll need one of the following Ethereum compatible wallets: MetaMask, Ledger, Gnosis Safe, or WalletConnect. All four of these wallets will work with CopperLaunch — we recommend MetaMask (installation guide here).
- You’ll need to have your wallet connected to the Ethereum network and you’ll want enough cryptocurrency in your wallet to cover your tokens and the gas fee. If you don’t have enough in your wallet at the time of the transaction to cover both, the transaction will fail to complete. Accepted cryptocurrencies include ETH, WETH, USDC, and DAI (if you hold your currencies in an exchange, you should transfer them to your MetaMask ahead of time).
- Please note you should have some gas fees (payable in ETH) in your wallet and factor this in your decision before purchasing and interacting with the contract. Having insufficient ETH in your wallet may result in a failed transaction.
While you don’t have to complete these steps in advance, it certainly doesn’t hurt to have everything in place before the ICO to ensure as few obstacles as possible.
How Do I Join the Token Launch?
- Once the $PIF token launch begins, you’ll log on to the $PIF auction page found here: https://copperlaunch.com/auctions/0xda724fa0Da9c7A17BdFB5e970Ba26b75588C5E4a
- Next, you’ll connect your wallet to the Copperlaunch website. Please approve the site to spend your tokens for purchase.
- Then, you’ll swap the cryptocurrency (USDC/WETH/DAI) in your wallet with PIF tokens. Remember that you will need to cover a gas fee for this transaction in addition to the token’s price.
You’ll need to wait a few minutes for the transaction to be confirmed on the blockchain. Once confirmed, you’ll find your new $PIF tokens in your wallet after waiting a few moments (instructions to add custom tokens to MetaMask here, use the contract address in the details above).
And that’s it! By following those simple steps, you’ll be a $PIF token holder and a member of the Play It Forward DAO. As updates come and governance decisions eventually move to the community, you’ll be first in line to enjoy Play It Forward DAO’s benefits and make decisions about its future.
We look forward to welcoming you to the Play It Forward DAO community and joining us in our mission to make play more rewarding and building a Plug-and-Play Metaverse.
About Play It Forward DAO
Play It Forward DAO is a metaverse eco-system builder with a focus on Web3 game investment and a large-scale guild of 3,000+ gamers (Railings University) across the Philippines, Indonesia, and Vietnam.
The company is positioned to provide broad access to play-to-earn gaming by educating, empowering, and integrating underprivileged communities into the P2E industry. PIF DAO is positioned to be the growth engine of a Plug-and-Play metaverse by allowing its members to invest, play, learn and earn.
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