Cantina Royale announces IDO and NFT Drop

Cantina Royale, the real-time play-to-earn (P2E) shoot game on the Elrond Blockchain, has announced its new Initial DEX Offering (IDO) and NFT drop. Both went on sale yesterday on the Maiar Launchpad.

As of yesterday, tokens were expected to sell for $0.04 per CRT. Out of 1 billion CRT, an initial circulating supply of 131,855,000 CRT will be available.

“This is not just another IDO on Maiar, but it embodies the first-ever token & NFT bundle sale. Cantina Royale will offer 5,000 NFT units to the Elrond community via the Maiar Launchpad and 10,000 NFT units to the public,” said a team member from Cantina Royale.

Included in the bundle sale is the Genesis Space Apes collection consisting of 15,000 Space Apes, the only collection to enable holders to gain and earn rewards from having bought previous NFT characters.

Cantina Royale has allegedly previously sold 150 million tokens raising $4.5m amid a private sale of $0.03 per CRT. The public sale of 37,500.000 tokens is expected to raise a further $1.5m.

Since launching recently on the Elrond system (a carbon-negative and user-friendly blockchain) in May, Cantina Royale has attracted several users by being a free-to-play, real-time shooter P2E game, taking the lead in gaming in Web3 and GameFi.

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Written by Isabella Aslam

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Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.

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