The PIF token launch auction will commence on Wednesday 19 January 2022 at 21:00pm GMT+8, on the Copper Launch platform.
The sale will last 72 hours, ending on Saturday 22 January 2022, again at 21:00pm GMT+8. PIF’s starting price will begin at $1.14, ending in $0.6, with no minimum purchase amount.
The accepted currencies allocated to purchase this token include USD Coin (USDC), Wrapped Ether (wETH), and Dai on the Blockchain: ERC-20.
The PIF launch has been billed as a fair and transparent auction, with every buyer on an equal playing field. The Copper Launch platform is not limited to those with a larger amount to invest and does not issue tokens via intermediaries or based on geography.
When the token launch commences, PIF’s price will naturally fall over time, if no buyers interact with the contract, then the auction will follow a predetermined trajectory.
However, on purchase of the token, buyers will slow the price, even resulting in a price increase by doing so, then eventually settling. Purchase of the tokens is available at any time during the three-day auction.
To participate in the PIF token launch auction, Ethereum compatible wallets are needed to work with Copper Launch. These include one of the following: Ledger, MetaMask, WalletConnect or Gnosis Safe. Wallets will need to be connected to the Ethereum network, with enough cryptocurrency to cover both tokens and gas fees.
Once the token launch begins, participants will need to log on to the PIF auction page and connect to the Copper Launch website. Cryptocurrency will then be swapped with PIF tokens, and once the transaction is confirmed on the blockchain, the tokens will be visible in the wallet and the participant will become a PIF token holder and a member of the Play It Forward DAO.
Since its launch, the Play it Forward (PIF) DAO has committed to becoming a streamlined, user-friendly and inclusive metaverse.
The initiative behind PIF is to create an online community where players can connect via play-to-earn games alongside sharing resources and earning together.