Jul 12, 2022•3 min read
GameFi.org has applied a new mechanism on the GameFi.org Launchpad: 1-hour refund policy. From now on, users have the full right to their investments by choosing to claim tokens or request a refund amount by themselves. The updated policy will take effect from 00:00 UTC, July 13, 2022.
The GameFi.org Launchpad prioritizes users’ benefits and safety as a leading web3 gaming platform. All projects conducted public sales on the GameFi.org Launchpad must overcome extensive due diligence processes from our internal and external teams. We would like to introduce a One-hour Refund Policy to increase users' benefits and confidence in investment decisions.
The policy is applied to all users and investors joining IGOs on the GameFi.org Launchpad. However, only users participating in at least one pool from a project public sale have the right to request a refund in corresponding pools.
The updated refund policy will take effect on all public sales held after 00:00 UTC, July 13, 2022.
During one hour of the refund request time, users may enter the pool and request a claim or a refund by following the guidelines below:
1️⃣Access GameFi.org Launch at https://gamefi.org/igo
2️⃣Find and click on the pool you purchased public tokens
3️⃣Click on the [Claim] tab
4️⃣Request a claim or a refund
The image above is for illustration purposes only. It does not refer to any project.
4.1. If you choose to claim tokens
4.2. If you choose to request a refund
GameFi.org users must stake $GAFI tokens and achieve at least Rookie rank to join IGO pools. They must retain their rank from when purchasing tokens in an IGO pool or rank up until the pool’s vesting period ends to preserve their right to claim tokens in that pool. However, recognizing that the current policy published on December 13, 2021, is not suitable for the current market situation, we are implementing modifications based on community feedback.
Accordingly, GameFi rank maintenance is no longer required for all IGO pools on GameFi.org Launchpad. Users may still claim their purchased tokens after participating in a pool, regardless of whether they retain or lose their GameFi rank.
In addition, all IGO pools on GameFi.org Launchpad are now available for claiming by all pool participants, regardless of their GameFi rank.
➡️ Users can access the pools and then claim their tokens here: https://gamefi.org/igo
With the refund policy, we strive to safeguard the advantages and beliefs of our users who participate in IGOs on the GameFi.org Launchpad. We are receptive to community comments and continually enhancing our launchpad's functionality.
GameFi.org is an all-in-one discovery hub for games and metaverses. We aim to build digital communities and manage virtual economies for mainstream adoption. GameFi.org offers a suite of solutions covering the entire games and gamified projects lifecycle, following a vision of one digital platform, one virtual identity requiring zero blockchain knowledge. Visit https://gamefi.org/ for more information.
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