{"id":4611,"date":"2022-01-12T13:10:00","date_gmt":"2022-01-12T13:10:00","guid":{"rendered":"http:\/\/egrowonline.com\/?p=4611"},"modified":"2022-01-12T13:10:00","modified_gmt":"2022-01-12T13:10:00","slug":"the-pif-token-launch-auction","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=4611","title":{"rendered":"The PIF token launch auction"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-128018ef=\"\">\n<p dir=\"ltr\">From its inception, Play It Forward DAO has made its commitment to a more streamlined, user-friendly, inclusive metaverse crystal clear. The team behind the project has laid out a plan to create an online hub and community where play-to-earn gamers can connect, share resources and earn more together. But it\u2019s not just about the gamers. Investors and guild managers will also benefit from investing in Play It Forward DAO\u2019s PIF tokens since their value is poised to grow inside the metaverse.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"327\" src=\"https:\/\/s3.cointelegraph.com\/storage\/uploads\/view\/9724a190078526555dfc5cda4fb89728.png\" \/><\/p>\n<p dir=\"ltr\">This makes participation in the PIF token launch auction a major event for anyone interested in the future of the metaverse.<\/p>\n<p dir=\"ltr\">Our priority is for a fair, community-first launch, and we are thrilled to announce that Play It Forward DAO\u2019s token launch auction will commence on Jan. 19 on<a target=\"_blank\" href=\"https:\/\/copperlaunch.com\/\" rel=\"noopener noreferrer nofollow\"> Copper Launch<\/a>.<\/p>\n<h2>An overview of the PIF token launch auction<\/h2>\n<p dir=\"ltr\"><strong>Start date:<\/strong> Jan. 19, 2022, at 21:00 pm GMT+8<\/p>\n<p dir=\"ltr\"><strong>End date:<\/strong> Jan. 22, 2022, at 21:00 pm GMT+8<\/p>\n<p dir=\"ltr\"><strong>Sale Duration:<\/strong> Three days (72 hours)<\/p>\n<p dir=\"ltr\"><strong>Platform:\u00a0<\/strong><a target=\"_blank\" href=\"https:\/\/copperlaunch.com\/\" rel=\"noopener noreferrer nofollow\">Copper Launch<\/a><\/p>\n<p dir=\"ltr\"><strong>Start price:<\/strong> $1.14<\/p>\n<p dir=\"ltr\"><strong>End price:<\/strong> $0.06<\/p>\n<p dir=\"ltr\"><strong>Minimum purchase amount:<\/strong> None<\/p>\n<p dir=\"ltr\"><strong>Accepted Currencies:<\/strong> USD Coin (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/usdc-price-index\" rel=\"noopener\">USDC<\/a>), Wrapped Ether (wETH), Dai<\/p>\n<p dir=\"ltr\"><strong>Blockchain:<\/strong> ERC-20<\/p>\n<p dir=\"ltr\"><strong>Initial Pooled:<\/strong> 50 million PIF\/3 million USDC<\/p>\n<p dir=\"ltr\"><strong>Start Weight:<\/strong> 95% PIF\/5% USDC<\/p>\n<p dir=\"ltr\"><strong>End Weight:<\/strong> 50% PIF\/50% USDC<\/p>\n<p dir=\"ltr\"><strong>Contract Address:<\/strong> [TBC]<\/p>\n<h2>Where will the PIF IDO launch?<\/h2>\n<p dir=\"ltr\">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\u2019t give priority to buyers with more resources to invest. And since it doesn\u2019t issue tokens via intermediaries or based on geography, every buyer approaches the launch on an equal playing field.<\/p>\n<p dir=\"ltr\">When the token launch auction starts, PIF\u2019s price will naturally decay over time, following a predetermined trajectory if no buyers interact with the contract. However, as buyers purchase the token, the downward pull 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.<\/p>\n<h2>What do I need at launch?<\/h2>\n<p dir=\"ltr\">If you want to participate in the PIF token launch auction, you\u2019ll need to make sure you have a couple of things ready:<\/p>\n<ul>\n<li role=\"presentation\">You\u2019ll need one of the following Ethereum compatible wallets: MetaMask, Ledger, Gnosis Safe or WalletConnect. All four of these wallets will work with Copper Launch.<\/li>\n<li role=\"presentation\">You\u2019ll need to have your wallet connected to the Ethereum network, and you\u2019ll want enough cryptocurrency in your wallet to cover your tokens and the gas fee. If you don\u2019t have enough in your wallet at the time of the transaction to cover both, the transaction will fail to complete. Accepted cryptocurrencies include Ether (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/ethereum-price\" rel=\"noopener\">ETH<\/a>), wETH, USDC and Dai.<\/li>\n<\/ul>\n<p dir=\"ltr\">While you don\u2019t have to complete these steps in advance, it certainly doesn\u2019t hurt to have everything in place before the initial coin offering to ensure the fewest obstacles as possible.<\/p>\n<h2>How do I join the launch?<\/h2>\n<p dir=\"ltr\">Once the PIF token launch auction begins, you\u2019ll log on to the PIF auction page found here:\u00a0<\/p>\n<p dir=\"ltr\">Next, you\u2019ll connect your wallet to the Copper Launch website. Please approve the site to spend your tokens for purchase.<\/p>\n<p dir=\"ltr\">Then, you\u2019ll swap the cryptocurrency in your wallet with PIF tokens. Remember: You will need to cover a gas fee for this transaction in addition to the token\u2019s price.<\/p>\n<p dir=\"ltr\">You\u2019ll need to wait a few minutes for the transaction to be confirmed on the blockchain. Once confirmed, you\u2019ll find your new PIF tokens in your wallet after waiting a few moments.<\/p>\n<p dir=\"ltr\">By following those simple steps, you\u2019ll 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\u2019ll be first in line to enjoy Play It Forward\u2019s benefits and make decisions about its future.<\/p>\n<p dir=\"ltr\">We look forward to welcoming you to the Play It Forward DAO community and joining us in our mission to make playing more rewarding and building a plug-and-play metaverse<\/p>\n<h2>About Play It Forward DAO<\/h2>\n<p dir=\"ltr\"><a target=\"_blank\" href=\"https:\/\/playitfwd.io\/\" rel=\"noopener noreferrer nofollow\">Play It Forward DAO<\/a> is a unique combination of a guild management platform and a large-scale guild of over 3,000 scholars (PIF Guild). Allowing broad access to play-to-earn gaming, PIF DAO is positioned to be the growth engine of a plug-and-play metaverse. We are an ecosystem whose participants can track their performance across all games and build up immutable profiles for the pursuit of opportunities. Play It Forward, play-to-earn made easy.<\/p>\n<h4>Play It Forward DAO social media <a target=\"_blank\" href=\"https:\/\/linktr.ee\/playitfwd\" rel=\"noopener noreferrer nofollow\">Links<\/a>:<\/h4>\n<p><a target=\"_blank\" href=\"https:\/\/playitfwd.io\/\" rel=\"noopener noreferrer nofollow\">Website<\/a> |<a target=\"_blank\" href=\"https:\/\/twitter.com\/PIF_DAO\" rel=\"noopener noreferrer nofollow\"> Twitter<\/a> |<a target=\"_blank\" href=\"https:\/\/discord.gg\/pif-dao\" rel=\"noopener noreferrer nofollow\"> Discord<\/a> |<a target=\"_blank\" href=\"https:\/\/t.me\/PIF_DAO\" rel=\"noopener noreferrer nofollow\"> Telegram<\/a> |<a target=\"_blank\" href=\"https:\/\/facebook.com\/PIF.DAO\" rel=\"noopener noreferrer nofollow\"> Facebook<\/a> |<a target=\"_blank\" href=\"https:\/\/linkedin.com\/company\/pif-dao\" rel=\"noopener noreferrer nofollow\"> LinkedIn<\/a><\/p>\n<\/div>\n<div data-v-128018ef=\"\">\n<div class=\"post-disclaimer__body\">\n<p><b>This is a paid press release.<\/b> Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release. <\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/press-releases\/the-pif-token-launch-auction\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From its inception, Play It Forward DAO has made its commitment to a more streamlined, user-friendly, inclusive metaverse crystal clear. The team behind the project has laid out a plan to create an online hub and community where play-to-earn gamers can connect, share resources and earn more together. But it\u2019s not just about the gamers. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[39],"tags":[234,171,3465,452],"class_list":["post-4611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ico","tag-auction","tag-launch","tag-pif","tag-token"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kYTEyODI3NjIwOWMxMGYyZWQ3ZTU5MGNhNDY0ZjUzNC5qcGc.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4611"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4611\/revisions"}],"predecessor-version":[{"id":4613,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4611\/revisions\/4613"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/4612"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4611"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}