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As promised, I'm starting my story about successful GameFi investments! 🗣
💎 One of my most lucrative Gamefi investments has been Illuvium (#ILV ), a decentralised open-world RPG game built on the Ethereum blockchain.
I entered the project at a very early stage, namely at the time of TokenSale, when the coin was sold only on the Uniswap platform and was considered a regular DEX asset. I was lucky enough to see the huge potential in the project. First of all, I was impressed by the team and the primary funds, which at that time had already announced the start of investments.
➡️I'll give you specific numbers:
Initial Investment:
$10,000
Token price (during TokenSale):
$50 per ILV
Bought tokens:
200 ILV
After the project was launched and actively promoted, the price of the token began to grow rapidly. I closely followed the development of the project and the market situation, and at a certain point I decided to lock in a profit 💰
The price of the token at the time of sale:
$1651 per ILV
Number of tokens sold:
200 ILV
Sales amount:
$330,200
My net profit was $320,200 ($330,200 - $10,000 initial investment) or as much as 33x!
🏆 This was an amazing result that reaffirmed my belief in #GameFi and the importance of getting involved in early stage token sales of promising projects.
Participate in #tokensale and initial offers if you want to be among those people who collect all the cream! 🥂In the next posts, I will tell you about my other successful cases.
