316VC
2 min readDec 19, 2021

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Gamesta Announces a Fair Launch Auction This December

Gamesta is proud to announce its Fair Launch Auction this December. With massive increase in the adoption of Non-fungible tokens to incentivize online gamers, game developers and players are certainly on a roller coaster in the digital economy. A game’s value is created by its network of players, and players represent the same value by investing their time to an ever-dynamic metaverse. However, players from emerging economies still find it difficult to purchase NFTs due to intense competition.

In a bid to raise $100m for assets buying and resolve this challenge, the team at Gamesta announced a fair launch auction (FLA) that will commence on 16 Dec 2021 at 2PM UTC and ends on 19 Dec 2021 at 2PM UTC.

Strategic partnerships

The team at Gamesta is currently working through several deals. Amongst many partnerships the team has, one worth mentioning strategic partnership is with 316VC, a leading venture capital firm, to achieve this innovative drive. The fair launch auction promises to remove the flaw of whitelisting, individual caps, and bots that have, for long, militated against the growth of the eSports industry. The good thing about the FLA is that there’s no minimum or maximum amount that you can invest.

$GSG Token

Gamesta has a utility token with the symbol “$GSG.” The token is linked to the assets under management of the DAO. $GSG enables optimal yield on the project and also promises to reward token holders for their loyalty.

During the fair launch auction, the team will provide a fixed amount of 70M worth of $GSG tokens, plus a matching liquidity of $3m worth of USDC at a starting price of $1 per GSG. The team promises to reward early buyers for their efforts and loyalty. The value of the token is self-perpetuating; meaning, the more money raised, the higher would be the value of the GSG token.

Black GAMEX Card VIP NFTs

Gamesta has Black Gamex Card VIP NFTs in its collection. The team has promised that it will reward the top 50 contributors to the fair launch auction by giving out over 50 Black GAMEX Card VIP NFTs. The NFTs will entitle the holders to the following benefits:

● Access to beta test games

● Access to a wide range of information, including events and upcoming sales.

● Access to Gamesta VIP real world events.

● Early access to the Gamesta Metaverse Gallery

● Access to early stage private round allocations. Tenfold increased voting weight in The DAO.

Please note that to be eligible for the fair launch auction, you must have interacted with the BLBP contracts from your wallet. Also note that you must have some $MC tokens in your wallet at the end of the BLBP.

About Gamesta

Gamesta is a smart contract-based guild that enables investors to empower and connect with thousands of gamers across the world. The funds that would be raises through the fair launch auction will be allocated for asset acquisition and activation.

Social Media Handles:

Twitter: https://twitter.com/gamestaguild

Telegram: https://t.me/gamestaguild

Facebook: https://www.facebook.com/Gamesta-107865441688882

Instagram: http://instagram.com/gamestaguild

Media Details

Company Name: Gamesta

PR Partner: 316VC

Location:

Website: https://gamesta.xyz/

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316VC

316VC is an investment and advisory firm dedicated to seeking out early stage blockchain startups to help accelerate their growth whilst bringing exposure.