The wait is finally over, GG DApp’s beta platform has opened up for everyone to participate! After extensive testing with a group of token holders, we are proud to open the gates to our entire community. In this update you can learn more about our current beta stage on Polygon Mainnet and how to join.
What’s new in Beta 3.0 and what’s coming
So far only 150 of our community members were able to join the previous closed beta versions, who earned an APR around 500% based on the General staking pool size in December. Now it’s open to anyone who wants to join. We also increased the max staking size from 5.000 to 50.000 tokens.
Besides opening the beta and important fixes the other main change was making the platform ready for the gaming pools creation, the ones where you can stake to earn the native token of each gaming project integrated in our ecosystem, that can also distribute a percentage of their revenue to the stakers. We expect to open the first gaming pool already in January!
Test and earn
Our open beta is available to try at: https://beta.ggdapp.com
If you are interested to join the beta, then make sure you have Metamask installed and pointing to Polygon network. If you don’t have that network configured yet in Metamask, you should add a new custom RPC with these parameters:
Network name: Polygon
New RPC URL: https://polygon-rpc.com/
Chain ID: 137 Currency
Symbol (optional): MATIC
Block Explorer URL (optional): https://polygonscan.com/
All feedback is welcome! To make it easy make sure you post all of it in our Discord.
About GG DApp Beta and staking
GG DApp is an upcoming gaming platform plus DeFi ecosystem, with NFTs at its core, that aims to reward players, developers and investors. With the current beta we want to give the users a preview of the UI and how the rewards mechanism will work. To keep it simple, we adopted a similar model to Bitcoin rewards, with a total of 21 million GGTK available. Every 10 minutes 50 GGTK will be distributed and roughly every four years, the total number of GGTK users of GG DApp can potentially win is halved.
This 50 GGTK will be distributed to the general pool and also to the individual pools of each gaming project in the platform, 20% to the general pool and the rest 80% to the gaming pools. At this point there is only the general pool available for staking and so 10 GGTK will be distributed every 10 minutes to this pool.
This model is still experimental and will be optimised according to insights collected from the integration in our own projects and feedback from users, as a consequence, changes to this model may occur.
Our initial plan was to release the final version of the main smart contract until the end of the 2021 but we decided to have more time to test and also to hear the feedback from the community regarding this model.
GG DApp Open Beta is a big milestone for us, we again want to thank you all for you support and for the precious feedback we received so far!
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