Earlier, we announced that the project was preparing a new partnership. Today, we're ready to share a few more details. 🤏
A project approached us with the goal of building a service capable of accepting payments through multiple payment methods. The cryptocurrency payment infrastructure will be powered entirely by IVPAY's technology. This will be a partnership, so our project will be clearly referenced throughout the service. The payment gateway itself will be fully developed by our team, will feature IVPAY branding, and may eventually include information about the token as well. Whether the token becomes part of this partnership will ultimately depend on the community. If you demonstrate a genuine commitment to supporting and preserving the token, it will be integrated into the system and participate in regular buybacks funded by a percentage of payment revenue. 🤝
We're also discussing cooperation with another major project. However, its management has once again pointed to the community's lack of activity. They're willing to work with our team, but at this stage they are not prepared to include the token in the partnership. So today you have a great opportunity to show your confidence in the project by buying and locking tokens. Borys asked us to define a concrete goal for the community. We've avoided doing this for a long time, but let's give it a try.
Our target is 100 million tokens locked in the game. If we reach that milestone, we will reconsider our position on expanding the token's role in future integrations. On July 10, we'll review what the community has achieved.
Thank you to everyone who continues to support the project and actively contributes to its future. 🫡
Important Notice ⚡️️️
We have noticed that some users have listed their NFTs for sale on the GetGems marketplace at various prices in hopes of attracting buyers. We strongly recommend not purchasing NFTs from other users, as they may have already been redeemed. In that case, you will receive only the image, without any tokens inside. If you are unsure, you can always check the NFT's status directly in the game. At the moment, every NFT currently listed for sale has already been redeemed.
We would also like to share our latest progress. There are now 37.5 million tokens locked in the game. We can see that some community members continue to actively buy tokens and lock them, while many others are still watching from the sidelines. If the majority simply observes instead of participating, we may once again find ourselves discussing delistings and fighting to maintain our position. That is why we encourage everyone, if possible, to purchase at least a small amount of tokens, even $20–30, and lock them in the game. This is the only way we can continue moving forward. 📈
As you can already see, the strategy we have chosen is producing results. The more participants support it through their actions, the stronger the entire project becomes. In the near future, we will also publish a detailed token distribution breakdown so everyone can see how many tokens remain in circulation and how many are under the team's control. This will give the community a clearer understanding of the current situation and allow everyone to better evaluate the token's long-term strategy.
Thank you to everyone who continues to buy tokens and lock them in the game. Your support is what allows us to keep moving forward. 🤝
Of the three major exchanges where we are currently listed, we have decided to focus on one and withdraw from the other two. BingX and MEXC will be discontinued in the near future, and we recommend withdrawing your tokens from those exchanges and using Gate for trading instead, or alternatively PancakeSwap.
If you would like to support our efforts, you can transfer your tokens to a MetaMask wallet and then deposit them into the game. This will lock the tokens, allowing us to continue reducing the available supply on the market.
Gate will remain the only major exchange we actively support, and we recommend making all future purchases there.
We would also like to point out that it may be wise to reserve part of your budget. When an exchange delists a token, tokens held on exchange wallets are often sold, creating additional selling pressure. As a result, the delisting process may lead to a temporary price decline. At the same time, it will reduce the number of tokens sitting on exchanges, which we view as a positive outcome.
Once the delisting process is complete, only one major exchange will remain. From that point forward, as we have stated many times before, the future of the token will depend entirely on the efforts of the community.
The game now contains 32 million deposited tokens. Another 8 million in deposits will trigger the next burn of 10 million tokens. This will bring us close to removing the equivalent of 10% of the total supply from the market through burns and locking mechanisms. 👍
This is a joint effort, and the progress so far has been very encouraging. Thank you to everyone who is not waiting for the team to solve everything alone, but is actively participating in making the project stronger. 🫡
The total amount of tokens deposited into the game has now reached 30 million tokens. This means that the team will soon proceed with burning an additional 10 million tokens. In total, this will remove approximately 6% of the total token supply and nearly 20% of the tokens currently available on the market, based on the information available on BscScan. This is a very strong result. 👍
We are also working on reducing the number of exchange listings. As many of you may remember, we previously reached a consensus with the community that if we cannot effectively support activity across multiple exchanges, it makes more sense to focus on maintaining a single stable trading pair rather than spreading liquidity too thin. At the same time, we would like to remind everyone of a simple reality. If holders continue to keep tokens in their wallets and sell every time the price begins to rise, it will be extremely difficult for the market to overcome that selling pressure.
Consider locking your tokens in the game rather than leaving them idle. The current market price remains very low compared to the levels many holders expected in the past. Long-term participation and reduced circulating supply are the factors that can improve market conditions over time.
The recent growth in locked tokens and upcoming burns are positive developments, but the future of the token ultimately depends on the actions of its holders. If the community continues reducing available supply and supporting market activity, the chances of a sustainable recovery become significantly stronger. 🥳