The Impossible Finance IDO #28 — Forkast by Community Gaming
Join the Forkast Token Sale, the 28th token sale on Impossible Finance.
As part of our ongoing efforts to bring innovative projects to our gaming community on Ronin, we are excited to introduce our #28 IDO: Forkast. Incubated by Community Gaming which was invested by Binance Labs, CoinFund, ConsenSys, Griffin Gaming Partners, Multicoin Capital, Animoca, and BITKRAFT, Forkast is a prediction market platform focused on gaming and internet culture, which is expected to be the next unicorn in the Web3 predicting sector.
Forkast enables users to create and participate in prediction markets based on trending topics, such as gaming tournaments, memes, streamers, breaking news, and various Web3 assets. Built on the Ronin Network, Forkast would be a seamless, engaging, and highly rewarding platform for predicting by leveraging daily liquidity incentives, platform credits and cross-platform accessibility with Community Gaming.
Community Gaming is the builder behind Forkast, which is an automated tournaments platform that enables all gamers to earn and excel. Their vision is to build an advanced tournament software that propels the esports industry forward by streamlining payments and promoting accessible competition.
Forkast and Community Gaming has been gaining popularity in the Web3 gaming sector with lots of impressive numbers:
- Over 6 million on-chain transactions;
- 458,000 Total Active Users;
- 108,000 Esports Tournament Users;
- 219,000 Questing users doing Predictions.
Forkast's ecosystem combines the strengths of prediction markets and competitive gaming to attract both traditional gamers and Web3 enthusiasts, creating a seamless blend of entertainment and investment opportunities.
The platform is powered by the CGX token, which serves as a versatile utility token. Users can stake CGX to earn rewards and participate in the prediction markets. The CGX token is a platform token representing governance and utility functions within the CG ecosystem. It offers two primary utilities: staking and governance.
You can learn more about Forkast & Community Gaming by checking out their whitepaper. More details, insights, and whitelist activities will be shared over the next few weeks across Impossible, Ronin, and Community Gaming & Forkast channels.
Subscription Timeline
The Forkast Token Sale will take place on both the Impossible Finance Launchpad and Ronin Launchpad.
The details shared below are for the Impossible Launchpad only.
*(updated as of 11/02/2025)
Launchpad Staking Pools (Sale cards)
Forkast Token Sale Details
How to Purchase IDIA of Tokens
If users do not have IDIA tokens yet for the Forkast IDO, you can purchase it via the below venues:
- BSC: Thena Finance
Token Allocation Calculation
- The token sale for Forkast will follow the standard Impossible Launchpad staking subscription format whereby users’ stakeWeight is calculated based on the proportional amount of IDIA or they stake and the duration they stake relative to the total amount and staking duration of the entire pool, with users’ staked IDIA balances recorded at the start of the stake period.
- This design is currently selected to ensure that all users can have a proportionate access into the CGX token depending on which pool they enter into. As we develop the Impossible launchpad product offering, we will enable other fair, smart allocation mechanisms which will further decentralize token distribution.
KYC Details
- KYC Preparation Period: Rolling ongoing basis. We require 50 IDIA or 25 IF tokens to start KYC to prevent bots from spamming our KYC partner. Users can KYC anytime during the entire IDO timeline, but will not be able to stake until their KYC is completed. To maximize the staking utility of users' IDIA, users have to pass KYC before the staking period begins. In other words:
- If users pass KYC after the end of the staking period, they will miss the opportunity to participate
- If users pass KYC during staking period, they will only be able to stake for the remaining staking period and receive a lesser allocation than if they were to start staking from the beginning of the staking period
- For more details about how to verify your wallet and pass KYC, follow our guide here!
About Forkast
Forkast is a prediction market platform designed for gaming and internet culture. Users can create and participate in prediction markets based on trending topics in gaming, memes, streamers, breaking news, and Web3 assets.
Community Gaming is the leading competitive gaming ecosystem, facilitating payments for over 50k tournament matches each month and 100k monthly active prediction users.
Both platforms are powered by CGX token, a versatile utility token used for staking and earning Loot Boxes. Since 2023, Community Gaming has paid over 120,000 gamers and created 750,000 wallets. Together, CGX fuels the largest platforms for competitive play and predictions across popular Web2 and Web3 games
About Impossible Finance
Impossible is an on-chain native, research advisory firm with a DeFi launchpad and accelerator. We help projects kickstart, fundraise, scale and launch their tokens while enabling users to learn, discover and invest in high quality crypto opportunities.
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Terms & Conditions
- DISCLAIMERS, TERMS, and RISKS
- Impossible reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
- Users need to complete their KYC and also be from an eligible jurisdiction to participate in this token sale.
