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FTX IEO | Game platform "C2X" developed through a collaboration between South Korean game company Com2uS and Terra blockchain developer

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FTX IEO | Game platform "C2X" developed through a collaboration between South Korean game company Com2uS and Terra blockchain developer

Following the IEO presale of the Indian Gaming Guild (IndiGG), FTX has launched another new IEO presale: C2X. Here are the rules and introduction for this IEO and C2X:

FTX announced a new IEO presale for C2X (CTX) the day before yesterday (10). C2X is a blockchain gaming platform developed jointly by the Korean gaming public company Com2uS and the Terra blockchain development company Terraform Labs, providing solutions for blockchain games. C2X aims to establish an independent global blockchain gaming ecosystem, with the first phase launching 10 blockchain games this year.

IEO Auction Rules

According to the FTX subscription page, the IEO will begin on March 18 at 9:00 PM Taiwan time, with a 24-hour window before the start to pledge 150 FTT and pass Level 2 KYC.

The total number of subscription tickets for this round is 2,000, with each ticket representing 6,700 CTX tokens, totaling 13.4 million CTX tokens. The minimum subscription price per ticket is 480 USDT, with the maximum being 502.5 USDT + 5 FTT. Calculated at 502.5 USDT + 5 FTT, the price of CTX is approximately 0.075 USD (excluding the price of 5 FTT).

Participants need to create a sub-account "CTX-IEO" and transfer the subscription funds into the sub-account. If the subscription is successful, the funds in the IEO account will be converted into CTX tokens within a few hours. In case of unsuccessful subscription, the funds will be fully refunded, and the FTT successfully subscribed in this round will be completely burned.

Rules Summary:

  1. Before 9:00 PM on March 17, pledge 150 or more FTT (≥ 150 FTT) and pass Level 2 KYC on FTX
  2. Create a sub-account "CTX-IEO" and transfer the subscription funds
  3. The minimum subscription price per ticket is 480 USDT, with the maximum being 502.5 USDT + 5 FTT (recommended)
  4. Additional pledging of FTT allows for more auction eligibility

C2X Introduction

  • C2X is a blockchain gaming platform developed jointly by the South Korean gaming company Com2uS and the blockchain development company Terraform Labs.
  • Com2uS is a publicly listed company in South Korea and has developed numerous popular games including Magic World, Mini Farm, MLB: 9 Innings Baseball, Storypick, Summoners War, Com2uS Pro Baseball Manager, and more.
  • Terraform Labs is the development company behind the competitive public chain Terra blockchain.
  • C2X is an open gaming platform aimed at providing solutions for blockchain games, including designing token economies, NFT secondary trading markets, wallets, and other technical solutions to integrate games into the blockchain for game developers.
  • It is designed with a highly modular approach, allowing game developers to update game settings in real-time and users to easily manage their digital assets on the C2X platform. Additionally, it offers NFT creation services. In terms of governance, CTX token holders can vote to decide on product launches, platform policies, and steer the platform's development direction.
  • C2X aims to establish an independent global blockchain gaming ecosystem, with the first phase launching 10 blockchain games this year. The ultimate goal is to become a "universal gaming platform," enabling CTX holders, game developers, and players to create a larger gaming ecosystem and generate value for the C2X platform.