GUM Whitelist and GUM launching on FalconSwap IDO

Gourmet Galaxy
3 min readJan 27, 2021

We are even more excited to announce the much awaited #GourmetGalaxy #IDO Date and Whitelist.

Dear community,

We are extremely excited to announce the much anticipated #GourmetGalaxy #IDO Date and Whitelist. We are pleased to announce that Gourmet Galaxy has partnered with FalconSwap who will be supporting the public sale of GUM token.

In this post, we want to offer the full details of how we are proceeding with the IDO, the rules to join the whitelist, how we will select whom to whitelist, the public price for the IDO, and future listing plans for our majestic $GUM token. First up is the whitelisting process.

Whitelist Details

To apply for whitelisting, you must fill in this form, although registering alone does not guarantee whitelisting.

A simple whitelisting process has been implemented which will ensure the correct allocation of GUM to FSW token holders. All prospective participants must first pass whitelisting to participate in the public sale.

You will find out whether your application has been successful by visiting the Whitelist section on the Gourmet Galaxy Website sometime prior to the token sale. We will officially announce a link to check the whitelist on our official Telegram announcement channel.

The process is designed to create a fair distribution, so from the final whitelist entries, we will randomly approve 500 participants. This will be done after we filter incomplete, duplicate, and any suspicious entries.

Whitelist Form: https://forms.gle/zrdzkLomnksf13Fa6

  1. Follow GUM Twitter and retweet our whitelist and IDO announcement, then fill out your username.
  2. Follow GUM Telegram Announcement Channel, GUM Telegram Chat, and fill out your username.
  3. Provide the correct ERC-20 address that you will use to participate in the token sale.

The whitelist will close on the 30th of January 2021 (2 pm UTC).
Stay up to date so you don’t miss out.

IDO Details

We are incredibly excited to work with the fantastic team at FalconSwap to become one of the first projects undertaking this innovative new form of fundraising.

FalconSwap is a layer 2 protocol for decentralized token swaps
and token pools with added benefits including privacy, lower
gas fees, and aggregation.

NOTE: Our IDO will happen in 1 Session.
$GUM public sale will take the form of a Initial Decentralized exchange Offering (IDO) on Falcon Swap on the 2nd of February 2021 at 2 pm UTC

  • Project Name: Gourmet Galaxy
  • Ticker: GUM
  • FalconPool Hard Cap: 50,000 USDC
  • Total Tokens Allocated: 500,000 GUM
  • Token Price: 1 GUM = 0.10 USDC
  • Token Sale Format: First Come First Served
  • Wallet Eligibility: 10,000 FSW
  • Allocation per selected address: 250 USDC
  • Start Date: 2nd February 2021
  • Start Time: 2 pm UTC

Token Pool Process:

During the token pool process, wallets will be checked for their FSW token holding. A minimum of 10,000 FSW tokens will be required to be eligible for allocation.

In case there are not enough eligible FSW token holders participating in the token pool process, the allocation will be confirmed for FSW holders in descending order of their holdings.

Do not move the tokens or cancel allowance until the completion of the token pool, doing so will cancel your allocation eligibility.

Token Pool session will be open for a maximum of 24 hours and will be closed prior once there are enough eligible entries.

Here’s a quick guide on how FalconPool works and steps to participate in FalconPool’s token pools.
https://medium.com/falconswap/how-falconpool-works-ad81e6dc7618
Stay tuned for further details!

Website: https://gourmetgalaxy.io
Telegram Channel: https://t.me/gourmetgalaxy
Telegram Chat: https://t.me/gourmetgalaxy_chat
Twitter: https://twitter.com/gourmetfinance

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Gourmet Galaxy

Gourmet Galaxy is an innovative Yield Farming platform, a combined of DeFi and NFTs in a gaming experience.