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Previous launch on SOLANA

This project was born from an initial fundraising on Solana in May 2021, selling up to 5% of the supply to our first users.

From the $130 000 total raised on the 2 years perdiod. $100 000 where redirected directly on the liquidity pool. 30k where used for the full development of KugleCorp during those 2 years, and 25k where used by the team for the development from selling GU over those 2 years.

GU Distribution

Kugle’s economy is based on its own crypto-currency, the GÜ. This crypto uses the Solana blockchain. Users and investors can gain some GÜ in exchange for USDC or Sol, on Raydium, Solape, and Sonar Watch. We chose a supply of 10 million GÜ.

The market has been opened since July 1st, 2021 thanks to the AMM mechanisms working with Serum’s DEX. Our liquidity pool has been opened with a price fixed by steps, assuming 4 distribution steps of 250 000 GÜ, first price: 10 USD cents. See the graphs on our website: https://www.coingecko.com/en/coins/gu

At first, we defined the price at 10 cents, then 15, then 25. Thanks to the enthusiasm of our community on Discord and Twitter, this initial sale raised to more than 100.000 USD. At the end of August, we finaly opened the GÜ to the market, while preparing our first NFT sale: the Genesis Eggs.

The income of this initial sale has been fully injected into the GÜ/USDC AMM liquidity pool (Raydium).
Bridged Solana GU cliff/vesting will happen over a few months after launch.

Technical

Bridge From the website, as OG of solana, on launch, you will be able to send your NFTs & GU of solana and receive 1 to 1 the equivalent on the EVM blockchain we choosed. Just connect your phantom and metamask at the same time, then you will be able to bridge!

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