Gomble Games, the blockchain branch of mobile gaming studio 111 percent also known as 111%, is preparing for the launch of its native GM token, as detailed out to Finbold on Tuesday, April 15.
The GM token generation event (TGE) will begin on April 16, 1 AM UTC, with listings on major centralized (CEX) and decentralized exchanges (DEX) following shortly after.
Gombel’s GM token
More than just a cryptocurrency, the GM token is expected to bring players and blockchain developers on GOMBLE’s ecosystem closer together by offering benefits to each group.
For example, it offers discounts on in-game purchases and unlocks rewards for players through mechanics such as teaming up in staking pools that hinge on in-game performance.
Likewise, the token serves as a utility key for developers, giving them access to player data through GOMBLE’s on-chain SQUAD system, funding opportunities, marketplace transactions, etc.
A buyback-and-burn mechanism will also be implemented to
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