Prepare yourself for an unparalleled culinary journey as Iskra introduces the Norma in Metaland Initial Game Offering (IGO). This eagerly awaited occasion gives gamers the chance to participate in Iskra’s ground-breaking Web3 free-to-play cookery game from the very beginning. Mark your calendars for the IGO, which will occur from June 29 to July 18, 2023, and get ready to explore the Metaland world of Norma.

What Are IGOs and Iskra’s Method?

The community has a one-of-a-kind chance to support a project early on and possibly profit from its success later on when its token is listed on significant exchanges through an initial game offering (IGO). The second IGO on the Iskra Launchpad, Norma in Metaland by Iskra, has a startlingly cheap IGO price of just $0.01 per token and a total supply of 5,000,000 GRAM tokens. Cryptorank will give you all the information you need to take part in this fascinating event, ensuring transparency.

Iskra wants to rethink the idea of IGOs in Web3 games by putting a greater emphasis on long-term potential than on immediate advantages. Iskra protects future tokenomics by setting a low price and managing a small scale, and emphasizes the IGO as a launch event to get the game going.

The Norma in Metaland IGO: How Does It Operate?

The Pioneer Round and Explorer Round make up the Norma in Metaland IGO. After the Explorer round is over, tokens purchased during the IGO will become locked and begin vesting over a 12-month period, once a month.

Examining two hypothetical situations will help us better understand how the IGO will play out in the Pioneer Round and Explorer Round.

Pioneer Round

If the allotment doesn’t sell out, you can purchase $100 worth of GRAM tokens and get back $100 worth of GRAM tokens (10,000 GRAM tokens).
If the allotment is exhausted, your fraction of the supply that is still accessible will be determined by your contribution. For instance, if your contribution amounts to 5% of the entire amount committed, you will receive 125,000 GRAM tokens, or 5% of the total supply of GRAM. Any sum that is still owed will be reimbursed.

Explorer Round

If the allotment doesn’t sell out, buy $100 worth of raffle tickets, and you’ll get $100 worth of GRAM tokens (10,000 GRAM tokens).
Your 100 raffle tickets will be entered in a draw if the allotment is used up. You will receive one GRAM token ($1) if your tickets are among the 25,000 drawn. For instance, if all 100 of your raffle tickets are chosen, you will receive 10,000 GRAM tokens, which are worth $100.

Gains from the GRAM Token

Within the Norma in Metaland ecosystem, the GRAM token has many advantages. Players can monetize their gaming successes by exchanging it for the in-game cash, CANDY. Additionally, holders of GRAM tokens can take part in the project’s governance by staking GRAM in order to acquire sGRAM, which gives them the ability to vote and make proposals on significant issues. GRAM also acts as a motivator for the community of Norma in Metaland’s cooperative expansion and development.

For additional information about the upcoming Norma in Metaland IGO, keep an eye on our Twitter account. Don’t pass up your chance to participate in a fun and cutting-edge gaming experience!