The PGM Ultra-Fair-Launch
What Would Be Truly Fair?
Not "fair" like every other project claims.
Not "community first" while VCs sit on 20% of the supply.
Not "decentralized" while the team holds the keys to a massive unlock schedule.
Actually, truly, undeniably fair. That's the PGM Ultra-Fair-Launch.
The Goal
Near-zero money-loss risk. The remaining risks are ones that 99.99% of people in crypto consider negligible.
The Rules
1. Zero Insider Tokens
| Who | Allocation |
|---|---|
| Team | 0% |
| VCs | 0% |
| Advisors | 0% |
| Marketing | 0% |
| Hidden wallets | 0% |
| Investors (You, me) | 90% |
| Liquidity Pool | 10% |
There is no one waiting in the shadows to dump on you. The developer participates in the raise under the exact same conditions as every other investor.
2. 100% Immediate Unlock
No vesting. No cliffs. No "linear release over 36 months." On October 10, 2026 — every single PGM token is yours. Fully. Immediately. No strings.
While other projects drip-feed your own tokens back to you over years, hoping you don't notice the insiders cashing out first — PGM hands you everything on day one.
3. 100% USDT-Backed
Every PGM in existence was purchased with real money. That money doesn't disappear — it is locked in the raise-contract, ready to defend your investment.
Not partially backed. Not "backed by future revenue." Not "backed by our belief in the project."
Backed by actual USDT. One hundred percent.
4. Direct Redemption + Buyback
This is where it gets insane.
a) Direct Redemption: Any PGM holder can redeem their tokens directly at the raising contract for exactly $0.001 USDT (=raising-price) per PGM. No DEX swap, no slippage, no fees. A hard, deterministic floor.
Guaranteed by Code. Mathematically Provable.
b) Buyback: If PGM ever trades below $0.001 on the open market — congratulations, that's free money. Buy it, redeem via a), pocket the difference. As a logical consequence, the price returns to $0.001 because someone will always take that free money. But honestly: this only happens if someone is unaware of a) and sells below the raising price.
The contract holds enough USDT to redeem every single PGM token at the raising price. Let that sink in.
Every. Single. Token.
5. The USDT Backing PGM is Locked
The USDT backing the PGM is locked in the raise contract. Not in a team wallet. Not in a multisig the founder controls. In immutable, on-chain contracts with one job: protect the price floor.
No possibility to withdraw these funds except refund. Can't "reallocate for strategic purposes." Can't do anything except watch the contract do its job. USDT is only released when it is no longer needed to back the PGM — because it was for example spent on the ecosystem prior to launch.
Why This Is Possible
Most projects can't do this. They need funding for:
- Developer salaries → PenguMiner: don't apply, fan project, most work already done
- Marketing budget → PenguMiner: community-driven, zero marketing tokens
- Infrastructure costs → PenguMiner: minimal, covered by game entry fees
- VC payback → PenguMiner: no VCs, no VC payback
When you strip away all the overhead that other projects carry, you're left with one thing: 100% of the money can go to backing the token.
And that's exactly what happens.
The Ultra-Fair-Launch in One Sentence
Any PGM can be redeemed for $0.001 USDT (=raising-price) through the raising contract, anytime — that's not a promise, that's deployed code.
Your Floor Protection Is Independent
The core protection — redeem() and emergencyWithdraw() — pays USDT directly from the contract to you. No external contracts involved, no middleman, just you and the contract. The emergencyWithdraw() function for the super unlikely case that the finalization of raise does not work and every investor gets his money back. Additionally, even if every game-related contract were compromised, your floor redemption remains intact — these are separate from the floor backing.
For the full technical breakdown, see The PGM Token Raise.
For a full check of the price floor code, see PGM Raise Contract.