VGX Foundation

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VGX Foundation

VGX Foundation

@VGXFoundation

$VGX is a dynamic cross-chain gaming token engineered to function as an in-game currency and a grant program, driving innovation in the Web3 gaming ecosystem.

Katılım Mart 2024
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VGX Foundation
VGX Foundation@VGXFoundation·
To clear up some lingering questions, the #VGXFoundation has no affiliation with #SafeMoon. We recognize the principle of community-led governance via DAO structures and support the broader movement toward decentralized control when executed with transparency and integrity. @SafeMoon is in the hands of the community and we look forward to seeing where the #SafeMoonArmy takes the project from here.
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VGX Foundation
VGX Foundation@VGXFoundation·
On November 22, 2024 the VGX Foundation minted an additional 545,521,965 VGX Tokens. No decision to mint new tokens is undertaken lightly. This was done in order to ensure the project’s viability and provide resources for sustainable growth. These tokens have been deployed for a number of essential functions to maintain the smooth operation of the VGX project. To date, approximately one third of the minted tokens have been spent by the Foundation on: marketing-making with major exchanges, legal fees, marketing fees, partnerships and community initiatives, and the repayment of loans. The remaining tokens will continue to be utilized for those purposes. Any discussion of minting new tokens understandably brings concerns of inflationary risk. However, the VGX Foundation undertook rigorous market analysis to make certain that the increase in circulating supply would not equate to a proportionate increase in market capitalization. At the time of minting, these tokens represented 22% of the overall VGX valuation as measured on the day of issuance. However, this was following a 90% decrease in the token’s price over the preceding 8 months. Therefore, the dilutive impact on token holders is minimal. The VGX Foundation is committed to deploying these tokens in a responsible and measured manner. The Foundation’s guiding principle is to preserve and enhance long-term value of the VGX project.
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VGX Foundation
VGX Foundation@VGXFoundation·
🔁 Follow-up for #Solana users in #VGXWallet: When sending SOL, avoid tapping “max” — you’ll get an error if there’s not enough left for gas fees. Always leave a small amount of SOL behind! 🎥 This video shows the error + how to fix it for a smooth transfer. #VGX #SafeMoon
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VGX Foundation
VGX Foundation@VGXFoundation·
🚨#SafeMoon has fully migrated to Solana! A quick guide showing how to swap on Solana using the #VGXWallet: 1️⃣ Switch to Solana 2️⃣ Pick your wallet 3️⃣ Browser→Raydium→WalletConnect→VGX 4️⃣ Import SFM Contract 5️⃣ Swap & confirm 💥 ⚠️ You’ll need SOL for gas fees! 🎥 Watch now!👇🏽
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VGX Foundation
VGX Foundation@VGXFoundation·
🚧 #VGXWallet Backend Upgrades in Progress 🚧 Some features may be temporarily affected: • dApp lists • Token data • Wallet imports • Other services For #SFM migrations, enter swap.safemoon.meme manually if needed. Upgrade updates to follow. Thanks for your patience!
VGX Foundation tweet media
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VGX Foundation
VGX Foundation@VGXFoundation·
🚀🍏iOS #VGXWallet V4.2 is live! 🔹 Solana Chain Upgrades and Optimizations 🔹 Faster loading & bug fixes ⚠️ Legacy #SafeMoonWallet still installed? Update now to restore functionality! For best performance: Back up, uninstall & reinstall. #VGX #SafeMoonArmy #Solana
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VGX Foundation
VGX Foundation@VGXFoundation·
🛠️ Growth alert! The recent surge in #Solana activity calls for #VGXWallet backend upgrades to enhance your experience. 🔧 Affected modules: 📊 Transaction history 💰 Price updates 📈 DEX charts on Solana We appreciate your patience as we make improvements! 🙏 #SafeMoon #VGX
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VGX Foundation
VGX Foundation@VGXFoundation·
Our developers went through the wringer after SafeMoon's Bankruptcy. We're fortunate to have them, and they’ve worked tirelessly to deliver. They’d love your support—we hope you’ll love the #VGXWallet. We sure do, which is why we acquired the tech and revived it! 🧵👇
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VGX Foundation
VGX Foundation@VGXFoundation·
🛠 🚨 #VGXWallet update 4.1 is available in the stores! 📱📲 Feature spotlight: #SafeMoonWallet users, we’ve got your back! 💪 With SOS login discontinued after SafeMoon LLC’s bankruptcy, we've given you options. 🔗 More: safemoon.com/news/web3backu… Some history: 📖 🧵 👇
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VGX Foundation
VGX Foundation@VGXFoundation·
Thanks for the question. We want to ensure that everyone still learning about the bankruptcy and acquisition of SafeMoon Tech has access to clear and accurate information, including updates on the integration of its products into the VGX Ecosystem. Many are still catching up on past and recent developments over the years. Since we also acquired the SafeMoon domain, we continue to use it as a key resource to keep the community informed, as it remains the primary site many turn to through web searches.
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HollyGirl
HollyGirl@LemmeHollyatU·
@VGXFoundation Questions ... why didn't the safemoon .com domain be updated to VGX? Safemoon is one of its own and the Safemoon community's correct? Why would you update Safemoon website with VGX stuff?
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