The Polyient Games Founders Key, or PGFK, token sale begins Sep. 15, with a strictly limited 12,000 of the tokens up for grabs. This follows an August pre-sale during which the company sold an initial 500 tokens.
Each PGFK will be a non-fungible token, or NFT, with a twist. Using a smart contract called the “Particle Bridge”, holders can convert the PGFK into 1,000 fungible particles (XPGP). These particles will be the utility token for the Polyient ecosystem.
The corresponding PGFK is burnt forever, although a new one can be minted by sending 1,000 XPGP back through the smart contract in the other direction.
All PGFK are not the same however, and tokens re-minted in this way will no longer hold a coveted “generation zero” status. Future rewards for holders may be specific to the generation of token held.
In many ways this makes the PGFK more of a collectible than a trading token, and is just one of