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Games For A Living's Token Rises 150% On Bitmart After Record Presale Sellout

Published 15/03/2023, 13:05
© Reuters.  Games For A Living's Token Rises 150% On Bitmart After Record Presale Sellout
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Benzinga - GFAL hit a high of $0.01 within 24 hours of launch at the listing price of $0.004, surging and maintaining by over 150%.

GFAL, the native token of Games for a living, soared 150.5% after it was listed on cryptocurrency centralised and decentralised exchanges Bitmart and Pancakeswap.

At the time of writing, GFAL maintained a healthy price floor with a 148.5% increase in trading volume, according to Coinmarketcap. GFAL token went live on Bitmart on Monday, 13 March 2023, along with a USDT derivative pair.

The Games for a living token saw surges in trading volume right after launch, after the record presale sellouts on cryptocurrency launchpads Seedify, Bit2Me and Enjinstarter.

The presale records on Seedify clocked a sellout within 17 seconds, while Bit2Me, a Spanish and LATAM focused launchpad sold out under 10 seconds and was oversubscribed 4x. Enjinstarter, another gaming launchpad had the GFAL presale sellout in under a minute.

Games for a living CEO and co-founder Manel Sort commented, “we believe that blockchain gaming has the ability to drive greater engagement with players, and we want to make it the biggest revolution in gaming since the introduction of free-to-play models. The success of our token so far shows that we’re doing something right, and we want to continue on the same path”.

Games for a living is a blockchain gaming platform created by a team of seasoned experts and video game industry professionals. The ecosystem comprises web3 games built on their network, featuring an innovative approach aimed at fuelling the mass adoption of blockchain gaming.

The first game under GFAL is now live on Steam as a non-blockchain, free to play game, and available on Games for a living launcher as a play-and-earn game.

With many more to come along the way, the GFAL token aims to serve as a governance and utility token on all of its games, including Elemental Raiders.

This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This content contains sponsored advertising content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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