Outer Ring MMO'S IDO Raises 1,6M USDT in 24 Hours

cryptonews.com:

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Outer Ring MMO has completed its fourth investment round raising 1.6M USDT in a record-breaking Initial Dex Offering. Their token, GQ, took off after TGE in PancakeSwap, having +15M$ in volume the first 24 hours. This sci-fi Play-to-Earn video game has been developed since 2018 and is planning to launch its Alpha Game in June 2022. 

The great expectation surrounding the game has allowed them to raise 6M USDT in private equity and 6M USDT in token allocation, after 3 years running on in-house investment under their core business, NexxyoLabs.

To perform their IDO phase, Outer Ring MMO, closed partnerships with 11 launchpads: Metavpad, Gamezone, Bscpad, Seedify, InfinityPad, DaoStarter, Kommunitas, Brandpad, Gamespad, and Safelaunch. A total of 400.000.000 Galactic Quadrants(GQ), the game's governance token, were released into the market at a price of 0.004 USDT and 10 months linear vest.

Just after the Initial Dex Offering, on March 2nd and 3rd, the Outer Ring MMO opened its Token Generation Event in PanckeSwap. To do so, 500.000 USDT was provided to create a liquidity pool with 250.000 USDT and 50M GQs, at a price of 0.005 UDST. Allowing the trading of the currency in the market at an Initial Market Cap of 1.050.000 UDST.

Expectations were high and the community answered the call. The pair raised up to a max price of 0,0255$ and positioned first in DEXTools BSC tracker. To encourage the use of the token, Outer Ring has a Staking Platform integrated into their website that will allow holders to earn tokenized materials and SCK (Space Corsairs Keys) vitals to succeed inside their universe.

Outer Ring MMO is a science fiction game with an open