This first publicly accessible investment round is a unique opportunity for users to get in on the ground floor of the $GIG token launch at reduced early bird prices available at ido.gigco.com. GIGCO has deliberately built this opportunity to enable the community an extended period to participate at half the public IDO price now.
Frank de Vrijer, Co-Founder & CEO, GIGCO, said: “We’re proud to stay true to the GIGCO vision by going against the norm and lowering the barriers to our first IDO, with a long window and no staking requirements. We want our community and newcomers to benefit as GIGCO leads a new exciting phase for the music industry, putting creative ownership in the hands of the community through web3 technology.”
The round will operate with an incrementally increasing token price. Starting at $0.075 and scaling to the IDO price of $0.15, offering early purchasers significant potential gains. This round will be bound to a 1-month cliff and 5-months vesting after TGE.
Early supporters will receive additional perks and giveaways for participants. Incentives include:
- A Johnny’ Blue Hat’ Davis (of Sam Fender fame) Non-Fungible Song NFS™
- A GIGCOapp’ Golden Ticket’ giving priority access to our ‘Listing Edition’ (where additional $GIG rewards can be earned)
- An exclusive guaranteed position in the highest-tiered staking program
This Pre-IDO will finish when the hard cap of $541,500 is met or the deadline of 6 PM BST 25th August 2022 has been reached.
Subsequently, the public IDO will be hosted by the following partner launchpads on 26th August 2022: Solstarter, SolRazr, and Solana Prime.
GIGCO directly connects acts to venues in a transformative power shift for the UK’s live music sector. Powered by Web3, GIGCO includes smart contracts and tokenised payments in a Tinder-like app for bands and venues, allowing them to find each other and create amazing events using the latest app technology.
GIGCO will be the first one-stop platform for artists, venues and fans where music is the center of everything. An easy-to-use app built on Solana for complete control and ownership of your music, gigs, merchandise, tickets and NFTs.
Disclaimer: CryptoSlate holds a financial position in Gigco and was given the opportunity to participate in the presale of this project in exchange for news, analysis, and other types of coverage. CryptoSlate was NOT paid to publish this article.
