Crypto Currency

CROSS Sets New Benchmark with Transparent and Fair Token Launch

CROSS Raising Standard with the Launch of Transparent and Fair Token Launch

Opengame Foundation CROSS Token Public Sale Success

Zug, Switzerland— The Opengame Foundation (OGF) is a non-profit group that runs the open blockchain gaming platform CROSS. They are pleased to report that their public token sale for the CROSS utility token was a success. This is a big step in the Web3 gaming world.  CROSS raising standards with fairness and transparency in token releases.

Fair Pricing Model for CROSS Utility Token

The public sale, which started on 15 May, lasted for a week, got a lot of attention in the Web3 business because of its transparency and clarity.  Tokens were sold for a set price of $0.10, just like in the private sale. This meant that everyone who wanted to buy them, whether they were early backers or new supporters, had the same chance. This shows that CROSS is committed to making things fair for everyone involved.

CROSS Token Allocation and Burn Strategy

The public auction made 96 million CROSS tokens accessible on a first-come, first served basis. This was 9.6% of the platform’s total supply of 1 billion tokens. By the end of the selling period, almost 92% of the allotment had been sold, which shows that there was a lot of demand for the token. The tokens that are still unsold will be permanently burnt. This is meant to protect the value of the tokens and show that the foundation is committed to being open and honest for the long term.

Equal Investment Opportunities for All CROSS Buyers

CROSS has done something that has never been done before by offering the same price to private and public investors, including the founder and team.

Public Sale Driving CROSS Ecosystem Growth

As per the timeline of TGE, The Opengame Foundation aims to sell the CROSS tokens in a public sale. This way, the flow of new developers and games into the open blockchain gaming sector will increase the expansion of CROSS ecosystems.

CROSS Layer 1 Blockchain Features for Web3 Gaming

CROSS is a layer 1 blockchain that works with EVM and is made for gaming. It helps players trade in game assets on the CROSS Mainnet. The CROSS token makes the Web3 game world transparent and scalable by administering the network, paying participants and allowing smart transactions across chains. CROSS is completely integrated and supports long term growth and fun game world that players like.

Henry Chang, CEO of NEXUS and key contributor to the CROSS ecosystem, described the initiative as “an unprecedented experiment.” In a post on X (formerly Twitter), he wrote:

“Another dot, placed. We’ve now completed an unprecedented experiment—offering the same price to private and public investors, including the founder and team ourselves. I appreciate the support and investment from all who believed in us.

Strategic Partnership Between Opengame Foundation and Nexus

Nexus is a Korean firm that has been listed on KOSDAQ since 2015. It makes games for several platforms. After the investment made by the CEO in 2024,  the firm became a full stack blockchain gaming corporation that runs the CROSS Mainnet. The two companies will work together to come up with new ideas for blockchain gaming.

Opengame Foundation Mission: Democratizing Blockchain Gaming

The Opengame Foundation is a non-profit that wants to make the blockchain gaming world more accessible and welcoming. The foundation’s goal is to make digital assets more accessible to everyone and change the way value is generated and shared in the game industry. With the successful token launch, CROSS is ready to become a major player in the industry, pushing blockchain gaming forward with innovation and more users.

Learn More About CROSS Token and Opengame Foundation

For more details regarding CROSS and Opengame Foundation, visit

https://opengamefoundation.org

https://to.nexus

 

Media Contact

Organization: Opengame Foundation

Contact Person: Doyi Kim

Website: https://opengamefoundation.org

Email: Send Email

Country: Switzerland

Release Id: 28052528357

 

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