P2E Game Cantina Royale Announces First IDO and NFT Drop on The Maiar Launchpad

Reading Time: < 1 minute

Cantina Royale, the first title incubated by Verko, a Layer 2 Metaverse experience framework, has announced its upcoming Initial DEX Offering (IDO) and NFT drop. According to the company, this will unlock all crucial P2E functionality.

Per the press release, the token sale and NFT drop will take place on the Maiar Launchpad, and registrations will open on June 22.

Cantina Royale has attracted a lot of attention because of its play-to-earn approach. One of the most important aspects of the game is that it is free-to-play, which lowers entry barriers for everyone eager to participate in the native game ecosystem. 

The team is preparing to organize its Initial DEX Offering on the Maiar Launchpad, the native launchpad service provider of the Elrond ecosystem. Maiar is a gateway for innovative projects to reach a broad audience of enthusiasts, investors, and supporters. 

Tokens will be sold for $0.04 per $CRT. There will be an initial circulating supply of 131,855,000 $CRT, out of a maximum supply of 1 billion $CRT.

Cantina Royale has previously sold 150 million tokens during a private sale at $0.03 per CRT, raising $4.5 million.