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Phil Hall
Phil Hall
May 20, 2022
News

Phantom Galaxies Planet Private Sale Raises US$19.3M

Animoca Brands and Blowfish Studios closed the sale of Phantom Galaxies Planet. 7,734 Planets were sold for a total of $19.3mln.
Phantom Galaxies Planet Private Sale Raises US$19.3M

Animoca Brands and Blowfish Studios announced today the successful close of the heavily oversubscribed Planet Private Sale for Phantom Galaxies. During the sale, 7,734 Planets and Asteroids were sold for a total of US$19.3 million. 

Following the release of Phantom Galaxies: Episode 3, Blowfish Studios continues to astound the markets with their outstanding development speed, even during a bearish market like the one we’re experiencing right now. 

There are currently over 125,000 users actively playing the Alpha version of Phantom Galaxies and over 500,000 owners of the NFTs granting access to the Alpha game. These NFTs have generated over 1,700 in ETH trading volume on OpenSea.

What is a Galaxy Planet NFT

Phantom Galaxies Planets are special NFTs that will have unique traits and coordinates within the universe. As described by the team, Asteroids are the cheapest kind of Planets, and in order of price the NFTs go from “Small Asteroid” to “Large Planet”. 

The indicative price for Planets is as follows:

Small AsteroidLarge AsteroidSmall PlanetMedium PlanetLarge Planet
Price (USDC)$354$825$2,969$16,500$150,000
Minimum Token Emission1523551,2797,10564,587
Cost Per Token (Min Emission)$2.32$2.32$2.32$2.32$2.32
Maximum Token Emission2461,1506,20645,981522,513
Cost Per Token (Max Emission)$1.44$0.72$0.48$0.36$0.29
Total Supply70,00030,0008,3351,500165

Each Planet will emit an amount of a portion of the Phantom Galaxies Governance Token, which can be multiplied through in-game activities

This is because IDOs, according to the team, attract bots in almost every case.

The PGToken (this is not the official name) is locked behind planets within the game, compelling players to play it and actively participate in their investment. This helps the economy remain viable and increases the number of investors who are also active players in the game.

A few examples of how the maximum emission can be achieved include visitors to the Planet, the development of the Planet (by constructing buildings), and the Planet holder’s engagement with the wider game, assessed by completing missions.

For players actually enjoying the game, these will not be difficult or inconvenient diversions, but natural parts of the core game experience — ‘play-and-earn,’ not ‘play-to-earn.’

Players can choose how to rule their planets and what structures to build. Holders will reap great rewards in upcoming events, such as the Astrafite Rush event in Episode 4. In the latter, Planet Holders will yield much more rewards from in-game missions and will also receive a portion of PGToken, the governance, and in-game token. 

https://twitter.com/the_phantom_g/status/1524951297601835008

Owning a Galaxy Planet NFT will have additional benefits outlined in their articles and Litepaper. The Planets are Blowfish’s way to avoid market crashes due to unstainable IDOs.

Get your Phantom Galaxies Planet

Following the Private Sale, the company will host two Presales (Presale A and Presale B) before the official public sale. 

Presale A, on May 25th, will be available to holders of a Hopeful NFT, which can be purchased on OpenSea. The Hopeful NFT has been given out to the first 5,000 Discord Members and can’t be earned in-game. 

Presale B, on May 27th, will be available to 7,500 users who own an Episode 2 Medal NFT, which can be attained by completing Episode 2 of the Alpha and redeeming a Poster NFT. The Episode 2 Medal NFT can also be purchased on OpenSea. 

A snapshot occurred on May 20th, assigning presale tickets shortly thereafter.

https://twitter.com/the_phantom_g/status/1527440043429748736?cxt=HHwWgICzxY6ox7IqAAAA

For all players that didn’t manage to get in one of the two presales, a public sale will start on the 27th of May. 

What is Phantom Galaxies

Phantom Galaxies image

Phantom Galaxies is a first-person, open-world, space sim, mech shooter, RPG. Players take the role of Space Rangers who pilot Mechanized Starfighters. These vehicles function as typical fighter-style spaceships, and they also transform into Mech robots.

During the game, players engage in Missions, the long-form story content of the game, and Quests, one-off scenarios. Also available are Operations (daily quests) and Raids, team-based objectives. The farther away from the core, the more dangerous the missions, and the better the loot. Far enough out, and one enters the ‘Rebel Sectors’. Here players compete with each other to gain control of various bases and resource points. Once captured, players stake governance tokens to their holdings and earn a steady stream of rewards — as long as they maintain control.

Starfighters unlock as players progress through the story. Featuring a resource harvesting and crafting system, Phantom Galaxies allows players to upgrade Starfighters and even build them from scratch! Starfighters suffer durability damage and require repair every once in a while. But be careful. Losing a ship while in a Rebel Sector could be permanent! Phantom Galaxies also includes Avatar NFTs that level up, Arena PvP, property ownership (from space stations to planetary bases to entire planets!), and support for guilds.

The initial launch for Phantom Galaxies is on the Polygon blockchain. Long-term plans include multichain support, where each chain has its own home galaxy but players can still interact. Closed Alpha is available now on both PC and Mac, with early access beta expected to launch in Q3 2022.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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