Initial Gem Distribution: Free Gems for Founder NFT purchase milestones

IMPORTANT: No Gems have been minted yet. Do NOT attempt to buy anything marketed as Guild of Guardian Gems until an official announcement has been made.

Context

Gems are the in-game currency that will be used in Guild of Guardians. You can find out more information about them here:

Initial Gem Distribution

The team behind Guild of Guardians believe in the power of building a community. That is why we are working with Guardians Corporation to give away 275,000 Gems FOR FREE to anyone who buys NFTs in our Founder Sale. This represents ~1.4% of the max total supply, so it’s not an insignificant amount of the total Gems in the long-term scheme of our journey.

Community Rewards — Gems unlock with each milestone

How it works

  1. Anyone can buy NFTs in our founder sale. As purchases occur, we track the total amount that has been spent on NFTs.
  2. Upon reaching each total spend milestone, we will distribute Gem rewards to everyone who contributed to that milestone.
  3. The number of Gems each buyer receives will be proportional to their spend.
  4. In order to prevent users from ‘freeloading’ and waiting until the end of each milestone to purchase, we will award slightly more Gems to those who buy earlier in each milestone and slightly less Gems to those who bought just before the milestone was hit.

Give me the numbers!

$ milestone — # gems distributed

  1. $500,000 — 10,000 gems
  2. $1,000,000 — 15,000 gems
  3. $1,750,000 — 22,000 gems
  4. $3,000,000 — 35,000 gems
  5. $5,000,000 — 50,000 gems
  6. $7,500,000 — 60,000 gems
  7. $10,000,000 — 75,000 gems

Example Calculation

Lets say that Guild of Guardians is currently at $500,001 in total sales

  • Once the $1m milestone is achieved, you get a share of 15,000 gems
  • However, your rewards are higher since you bought in the first “third” of the milestone:
  • Your % contribution to first third of milestone: $10,000 / $166,666 = 6% of gems
  • # Gems for first third of milestone: 15,000 gems x 38.5% = 5,775 gems
  • Thus you will be eligible for 6% x 5,775 Gems = 346 Gems

Guild Of Guardians is a blockchain mobile RPG published by Immutable, and developed by Stepico. Turn your passion for gaming into Assets!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store