Pentagon Games Launches IDO on GameFi

Pentagon Games, a promising name in the gaming industry, is preparing for its highly anticipated Initial DEX Offering (IDO) on GameFi, scheduled to take place from December 11 to December 12, 2024. The event is a key milestone for the project, offering early investors the opportunity to participate in its development and secure tokens before the game platform expands further.

The upcoming IDO on GameFi is set to offer a total of 4.51 million PEN tokens, representing 0.45% of the total token supply. These tokens will be priced at $0.0665 each, giving the round a pre-valuation of $66.5 million. The funding goal for this round is $300,000, marking an important step in Pentagon Games’ roadmap to establish itself as a leading platform in the gaming and blockchain space.

Pentagon Games leverages its ZK-based blockchain technology to transform interactive 3D web experiences, bridging Web2 and Web3 companies. The project’s Ethereum-native bridge enhances connectivity while maintaining a decentralized, permissioned structure, ensuring security and ease of use. The platform emphasizes content portability across major blockchains, enabling secure access based on user age, region, and digital rights. This approach is designed to support safe engagement for all users in a digital ecosystem filled with nostalgic brands and user-generated AI content.

The GameFi platform facilitating this IDO incorporates an investor-friendly distribution model. The token distribution plan includes 25% allocated during the Token Generation Event (TGE) with the remaining tokens distributed monthly over four months. This structured approach helps ensure balanced liquidity and aligns with investor expectations.

In addition to the GameFi IDO, Pentagon Games is conducting other IDO rounds on platforms like Chainboost (December 11–12, 2024) and SingularityDAO (December 11–13, 2024), further showcasing its multi-platform strategy to maximize exposure and participation. The combined efforts across these platforms demonstrate the project’s commitment to engaging a diverse audience and achieving its funding targets.

The innovative approach of Pentagon Games sets it apart, aiming to revolutionize the gaming industry through an extended reality (XR) Metaverse. The project seeks to create seamless interactions between digital assets and experiences, using its interoperable asset database to deliver groundbreaking solutions for gamers and developers alike.

With its upcoming IDO on GameFi, Pentagon Games takes a major step forward in solidifying its presence in the blockchain gaming sector, attracting both investors and enthusiasts interested in the convergence of Web3, AI, and gaming. This event offers an early chance for participants to become part of a project aiming to redefine the gaming and blockchain landscape.