ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CROSS Sets New Benchmark with Transparent and Fair Token Launch

CROSS Public Sale Concludes – A Bold Experiment in Tokenomics Democracy
Opengame Foundation Completes Public Sale of CROSS Token, Burns Unsold Supply to Ensure Transparency and Value Stability

Zug, Switzerland, 28th May 2025Opengame Foundation (OGF), the non-profit organization behind the open blockchain gaming platform CROSS, has officially concluded its public token sale for the CROSS utility token.

The public sale, which ran for one week starting May 15, drew attention across the Web3 industry for its unique commitment to fairness and transparency. Tokens were offered at a fixed price of $0.10, the same as in the private sale, ensuring that all participants—whether early backers or new supporters—had access under identical conditions.

In total, 96 million CROSS tokens, representing 9.6% of the platform’s total supply of 1 billion, were made available during the public sale on a first-come, first-served basis. Approximately 92% of the allocation was sold by the end of the sale period. The remaining unsold tokens will be permanently burned—a move designed to reinforce both the integrity of the token’s value and the foundation’s long-term commitment to transparency.

Henry Chang, CEO of NEXUS and key contributor to the CROSS ecosystem, described the initiative as “an unprecedented experiment.” In a post on X (formerly Twitter), he wrote:

“Another dot, placed. We’ve now completed an unprecedented experiment—offering the same price to private and public investors, including the founder and team ourselves. I appreciate the support and investment from all who believed in us.

Time will reveal how this unfolds. As we head toward the next milestone, TGE, we’ll keep doing what we’ve always done: Build—so that one day, we can connect the dots backward.”

The Opengame Foundation plans to distribute CROSS tokens to public sale participants in accordance with the TGE timeline. Together with NEXUS, it will accelerate the growth of the CROSS ecosystem, bringing more developers and players into the open blockchain gaming space.

About Opengame Foundation

Opengame Foundation (OGF) is a non-profit organization committed to building an open and inclusive blockchain gaming ecosystem. As the steward of the CROSS Protocol, OGF aims to empower both developers and players by providing transparent infrastructure, fair tokenomics, and interoperable tools that support the next generation of Web3 games. With a focus on long-term sustainability, openness, and community participation, the foundation works to democratize access to digital assets and reshape how value is created and shared in the gaming world.

https://opengamefoundation.org

https://to.nexus

Media Contact

Organization: Opengame Foundation

Contact Person: Doyi Kim

Website: https://opengamefoundation.org

Email: Send Email

Country:Switzerland

Release id:28357

View source version on King Newswire:
CROSS Sets New Benchmark with Transparent and Fair Token Launch

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.

file

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.