According to Foresight News, Web3 gaming company Elixir Games is set to conduct its Initial DEX Offering (IDO) on May 29. The company plans to hold two rounds of the event to allow for participation in the next round. The NFT round will take place on May 28, with a total allocation of $250,000 at a price of $0.05. The Token Generation Event (TGE) will unlock 15% of the total allocation. The public round will be held on May 29, with a total allocation of $400,000 at a price of $0.039. The minimum allocation is $1,000, with a maximum of $30,000. Users can participate in the IDO by creating or linking an Elixir account, connecting a Solana wallet, and completing KYC.
In a previous report by Foresight News, Elixir Games completed a seed funding round of $14 million in March. Gaming giant Square Enix, Shima Capital, and the Solana Foundation were among the investors.
