Intergalactic Gaming | News

IG Reward Structure: Five-Year Plan

Author:

Musa S

Category:

IG

Date Published:

26 November 2018

Read Time:

3 Minutes

This document will aim to outline our five-year commitment to our loyal IGSR supporters. The following reward structure has been constructed to ensure accessibility to all newcomers, whilst simultaneously providing rewards and stability for those integral to the IG journey. The figures outlined here may be subject to change depending on the market value of IGG.

There will be two layers to our SR reward system as we enter Phase 2 of our SR Plan. Those that vote for Intergalactic Gaming with Tron Power will receive 85% of the TRX rewards we earn for producing blocks as an SR, subject to the proportion of votes contributed. IG will also distribute 150% of the TRX earned in IGG. For example, if we earn 50,000 TRX in one day, we will distribute 42,500 TRX and 63,750 IGG each day. The remaining 15% of the TRX earned will be retained by the Intergalactic Foundation. More information on this will be released in due course. 

Proceeding this, we will distribute 120,000 IGG daily over four voting cycles, in addition to the SR rewards. This will be executed in three tiers, where eligibility depends on the number of votes allocated to Intergalactic Gaming, as well as the total IGG held. We have included a breakdown of the tier structure we will use to calculate the distribution of our rewards below.

Please note that IGG will be distributed based on the number of IGG you hold, compared to the total IGG held by all eligible voters.

Tier 1: 10,000 IGG per cycle (40,000 IGG per tier)

Eligibility for Tier 1 requires voters having 1000 votes and holding 100,000 IGG.

For example: If you held 45,200 votes and held 476,000 IGG you will qualify for Tier 1.

Tier 2: 10,000 IGG per cycle (40,000 IGG per tier)

Eligibility for Tier 2 requires voters having 100,000 votes and holding 500,000 IGG.

For example: If you held 363,000 votes and held 1,200,000 IGG you will qualify for both Tier 1 and Tier 2.

Tier 3: 10,000 IGG per cycle (40,000 IGG per tier)

Eligibility for Tier 3 requires voters having 500,000 votes and holding 2,000,000 IGG.

For example: If you held 700,000 votes and held 14,000,000 IGG you will qualify for Tier 1, 2 and 3.

Qualifying for more than one tier will mean you generate rewards on an accumulative basis.

As we enter exciting days, let’s all continue this momentum; we are in the process of creating something great! More details will be released soon about the Freeze Function and our plan to help community SR’s remain in the top 27.

Please follow us on our various social media channels to keep up to date with developments:

Website: www.iggalaxy.com
Twitch: https://www.twitch.tv/igg_esports
Reddit: https://old.reddit.com/user/Intergalactic_Gaming
Twitter: https://mobile.twitter.com/official_igg
Facebook: https://www.facebook.com/IGGalaxy/
Instagram: https://www.instagram.com/intergalactic_gaming/
LinkedIn: https://www.linkedin.com/company/intergalactic-gaming
Medium: https://medium.com/@info_91865

IG TELEGRAM GROUPS
https://t.me/IGAnnouncements— ANNOUNCEMENTS CHANNEL
https://t.me/IGgge- Galactic Grand Exchange (GGE)
https://t.me/IGG_Official— ENGLISH (MAIN)
https://t.me/IGG_Korean— KOREAN
https://t.me/IGG_Spanish— SPANISH
https://t.me/IGG_German— GERMAN
https://t.me/IGG_French— FRENCH
https://t.me/IGG_Dutch — DUTCH
https://t.me/IGG_India- INDIA

Esports Telegram Groups:
https://t.me/IGFIFA— FIFA
https://t.me/IGRocketLeague— Rocket League
https://t.me/IGFortnite— Fortnite
https://t.me/IGOverwatch— Overwatch
https://t.me/IGNHL— NHL

Fantasy Football Telegram Groups:
https://t.me/IGNFL— NFL
https://t.me/IG_FF— Fantasy Football (BPL)

Partner Telegram Groups:
https://t.me/MazerGaming— Mazer Gaming
https://t.me/TronEsports— Tron Esports
https://t.me/GSINesports— GSIN Esports
https://t.me/DemiseEsports- Demise Esports
https://t.me/SangalEsports- Sangal Esports
https://t.me/FuegoGaming- Fuego Gaming
https://t.me/ProtonGaming- Proton Gaming
https://t.me/MaskedEsports- Masked Esports
https://t.me/FFSeSports- For F1FA Sake
https://t.me/TEAMKaiRoS- TEAM KaiRoS
https://t.me/TronWalletMe- Tron Wallet Me

test

Airdrop Launching in:

Days

Hours

Minutes

Seconds