Token

Generation

<h4>FLX is the native token of FlowX, used for enhancing liquidity and marketing purposes.</h4> 
xFLX (escrowed token of FLX) has utilities like Boosting Yield, Receiving Dividend, and Governance. Let’s discover more about the FlowX IDO. 
<h5>Key Metrics and Token Generation Event (TGE) Details</h5> 
<ul> 
 <li>IDO Platforms: GameFi, Spores, RedKite, and own Launchpad <a href="https://flowx.finance/launchpax/pre-sale" target="_blank" rel="noopener">Flawx</a></li> 
 <li>Website: <a href="https://flowx.finance/" target="_blank" rel="noopener">https://flowx.finance/</a></li> 
 <li>Twitter: <a href="https://twitter.com/FlowX_finance" target="_blank" rel="noopener">https://twitter.com/FlowX_finance</a></li> 
 <li>Launch date: GameFi: Nov 23, 2023 15:30 (GMT+5:30)</li> 
 <li>Initial Supply: 830,000</li> 
 <li>Total Supply: 10,000,000</li> 
 <li>Initial Market Cap: $290K</li> 
 <li>Total Raise: GameFi will raise $90,000</li> 
 <li>Vesting: 100% at TGE (35% in FLX and 65% in xFLX)</li> 
 <li>GameFi Refund Policy: The refund request time&nbsp;is only valid within 24 hours after the token’s listing or claiming time, whichever is later. Users who request a refund cannot claim any tokens after the refund request has been successfully submitted. Within 72 hours, they can claim a total refund amount.</li> 
</ul> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 After the Pre-sale rounds were completely sold out successfully on external launchpads 
 These will be the last 2 sale rounds on LaunchpaX – new features of <a href="https://twitter.com/FlowX_finance?ref_src=twsrc%5Etfw">@FlowX_finance</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 1⃣Pre-sale on LaunchpaX: <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;">Duration: 27 Nov – 28 Nov <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;">Price: 0.35$ <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;">Hardcap: $50,000 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;">Model:… <a href="https://t.co/m85V9BwBGR">pic.twitter.com/m85V9BwBGR</a> 
 — FlowX Finance | Public Sale 28 – 30 Nov (@FlowX_finance) <a href="https://twitter.com/FlowX_finance/status/1728248908290359475?ref_src=twsrc%5Etfw">November 25, 2023</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h5>Why will We Participate in FlawX IDO?</h5> 
<ul> 
 <li>FlawX is launching at 290k marketcap. It can easily go to 10M, given there are not many good projects in the Sui ecosystem. That will be an easy 30x.</li> 
 <li>The project has over 60k followers on Twitter. It is launching at good quality launchpads. Thus, the marketing push will be high.</li> 
 <li>We are receiving 100% of the tokens at TGE. 35% will be immediately liquid. Moreover, there is the Refund Guarantee Gamefi, which minimizes any risk.</li> 
 <li>DeFi and Launchpads are performing well. Layer1s like Solana, Celestia, and Cosmos have significantly outperformed Ethereum and its Layer2 solutions. It indicates a shift in the risk appetite of crypto holders. So, the Sui ecosystem will be trending in time.</li> 
</ul> 
This is a short-term hold due to its high emissions later on. The project may have long-term value, but we will take action depending on the roadmap and performance of FLX at TGE. 
<a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="wp-image-124240 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" alt="" width="754" height="93" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" sizes="(max-width: 754px) 100vw, 754px"></a> 
<h5>How to Participate in FlowX IDO</h5> 
For GameFi, you need to follow the GameFi IGO guide <a href="https://gamefi.org/insight/complete-guidline-7-steps-to-join-the-initial-gaming-offering-igo-on-gamefi-launchpad" target="_blank" rel="noopener">here</a>. Try to stake more $GAFI for a higher token sale allocation. However, there are some risks to consider. As with any crypto project, there are always risks to consider: 
<ul> 
 <li>Smart contract and security risks. The technology or code could fail. This would collapse the entire project if it were to happen. Or the project or its funds may be compromised by hackers.</li> 
 <li>Competition. There are tons of <a href="https://www.altcoinbuzz.io/?s=defi" target="_blank" rel="noopener">DeFi platforms</a> out there.</li> 
 <li>Token Allocations. The team allocation is not clear. Also, the vesting is pretty aggressive. And there could be selling pressure within a few days of TGE if the token performed well.</li> 
</ul> 
<h5>Profit Taking Strategy</h5> 
As we are getting 100% during TGE we will stay safe. We just need to check if xFLX is liquid. There can be 3 scenarios: 
<ul> 
 <li>The Token does 5x or more: Since the TGE market cap is less than $300K, it can easily pump to $3M or above. If the market cap reaches $3M, sell the 35% FLX you received. We will get back our initial investment and make a good profit. Our profit margin will increase with xFLX.</li> 
 <li>The Token does 2x – 5x: We will still sell, as we would get back the initial investment in the TGE itself.</li> 
 <li>The token does &lt;2x: We will claim a refund.</li> 
</ul> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/FlowX_finance?ref_src=twsrc%5Etfw">@FlowX_finance</a> reached new ATH in TVL – $8.2M+ <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 24H volume: $109K+ 
 Are you ready to the next DeFi season of <a href="https://twitter.com/SuiNetwork?ref_src=twsrc%5Etfw">@SuiNetwork</a>? 
 And don't forget to enjoy and create the next milestone – FlowX Pre-sale and Public sale <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f64f.png" alt="🙏" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/FlowX?src=hash&amp;ref_src=twsrc%5Etfw">#FlowX</a> <a href="https://twitter.com/hashtag/Sui?src=hash&amp;ref_src=twsrc%5Etfw">#Sui</a> <a href="https://twitter.com/hashtag/BuildOnSui?src=hash&amp;ref_src=twsrc%5Etfw">#BuildOnSui</a> <a href="https://t.co/8x2I4xzgPV">pic.twitter.com/8x2I4xzgPV</a> 
 — FlowX Finance | Public Sale 28 – 30 Nov (@FlowX_finance) <a href="https://twitter.com/FlowX_finance/status/1727974237120688431?ref_src=twsrc%5Etfw">November 24, 2023</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Warning: The initial supply is just 9% of the total supply, and the token allocation is unclear. In the future, the token’s main utility is incentivizing the platform’s use. It may negatively affect the performance of FLX. 
After the TGE, we will update you based on the price action and team meeting proposed roadmap, along with an increase in volume and TVL. Also, we will examine the token distribution and token contract after the TGE. 
Want to convert xFLX to FLX? You can read this <a href="https://gamefi.org/insight/understanding-flx-xflx-and-the-pre-sale-advantages-on-gamefi-org" target="_blank" rel="noopener">article</a>. 
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The post <a href="https://www.altcoinbuzz.io/finance-and-funding/idos/upcoming-gamefi-ido-flowx-review/">Upcoming GameFI IDO: FlowX Review</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

Upcoming GameFI IDO: FlowX Review

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