# Introduction
## Utility Token Issuance Whitepaper This whitepaper outlines the ambitious project of Games for a Living (GFAL) and the $GFAL token offering. It provides an in-depth look at the token sale structure and pricing, outlines the team behind the project, and details the roadmap. Additionally, the whitepaper examines the use of proceeds, the regulatory environment, a risk assessment, and the legal framework. All of this is provided to ensure investors have all the necessary information to make an informed decision before investing. ***IMPORTANT:***** The products described in this document may be of very high risk, including the loss of the entire amount contributed. The tokens that may be acquired will not be guarded by legally authorized entities to provide investment services, and the ledger technology planned to be used (blockchain) is novel and may entail significant risks.** **The $GFAL token has been officially classified as a utility token** by the Comisión Nacional del Mercado de Valores (CNMV) in Spain. This designation by the CNMV confirms that $GFAL functions primarily to provide access to our platform's services and does not constitute a financial instrument. This utility token whitepaper has not been approved by any competent authority in any Member State of the European Union. The offeror of the utility token is solely responsible for the content of this utility token white paper. This utility token whitepaper complies with the requirements of Title II of REGULATION (EU) 2023/1114. To the best of the management body's knowledge and belief, the information presented in this white paper is fair, clear, and not misleading. Furthermore, this white paper does not contain any omissions that could affect its content. The $GFAL utility token is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council. The $GFAL is not covered by the deposit guarantee schemes under Directive 2014/49/EU ### Summary This white paper contains information on the issuance of the $GFAL utility token and its features. In summary, the $GFAL is the unified currency that powers the GFAL gaming ecosystem. The $GFAL is a utility token that serves as the backbone of the GFAL gaming ecosystem. Players use $GFAL to purchase in-game items from the game developer itself or from other players. Developers utilize $GFAL to access essential development tools and pay for platform services. As a utility token, $GFAL’s primary function is to enable these activities within the GFAL platform, rather than serve as an investment vehicle. The full name is Games for a Living Token, and the symbol is $GFAL. The GFAL token has a maximum supply of 10,000,000,000. It is incorporated in the blockchain network of BNB Chain and has a standard ERC-20. Any decision to purchase the $GFAL utility token should be based on the content of the GFAL White paper as a whole and not on this summary alone. The offer to the public of the $GFAL does not constitute an offer or solicitation to purchase financial instruments and that any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law. This white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council (36) or any other offer document pursuant to Union or national law.
# Information About Games for a Living In the ever-evolving gaming world, standing out demands more than mere technological proficiency—it requires vision, innovation, and a commitment to crafting unparalleled experiences. Introducing Games for a Living (GFAL), a collaborative venture of industry visionaries including Manel Sort (CEO), the former First Vice President at Activision Blizzard King, Trip Hawkins (CSO), founder and former CEO of both Electronic Arts and Digital Chocolate, Javier León (Art Director), an Emmy Award Nominee, Christian Gascons (COO), Marc Tormo (CCO) both ex-Blizzard Entertainment, Carlos Blanco and Ernest Sánchez, both entrepreneurial leaders in the field of new technologies, with numerous achievements backing their expertise. The management team alone boasts a combined experience of 140 years in building and growing video game startups. Born in the vibrant heart of Barcelona, GFAL is not just another video game development and publishing studio. It represents a unique blend of seasoned expertise, passion, and forward-thinking prowess. With a dedicated team of over 30 professionals working diligently on the project, our collective spirit has been unwavering since our inception in 2021. Our mission has always been crystal clear: to craft innovative, engaging, and timeless games using the most cutting-edge technology available. Beyond our creations, we are committed to nurturing and amplifying the voices of other developers whose visions align with ours, fostering a collaborative and expansive gaming ecosystem. Driven by three fundamental principles, our games aren't just fleeting sources of entertainment; they're immersive experiences, tailor-made to resonate across generations. We provide players the unprecedented opportunity to claim true ownership of Digital Collectibles. These collectibles aren’t merely digital assets—they are treasures, memories, and testaments to a player’s journey, safeguarded in a way that ensures lasting ownership and legacy. Our signature creations, 'Elemental Raiders', 'Diamond Dreams', and 'GFAL Marketplace', represent our vision. From strategic depth to the glistening allure of in-game jewels, we are redefining the boundaries of engagement and player ownership. We invite you to join us as we embark on this exciting journey. Welcome to a revolution in gaming, where every experience is innovative, every moment is engaging, and every game is endless. Welcome to Games for a Living. # Solution **Games for a Living** offers the following solution: An immersive and innovative Web3 gaming solution based on these key pillars * [**Platform**](/information-about-games-for-a-living/solution/platform)**:** Built on robust blockchain technology, our infrastructure provides gamers and developers access to state-of-the-art features, ensuring a seamless engagement experience within the GFAL gaming ecosystem. * [**Games**](/information-about-games-for-a-living/solution/games)**:** First and third-party video games to showcase our infrastructure and a new take on Web3 gaming thanks to our innovative business model and a team led by industry veterans. * [**$GFAL Token**](/usdgfal-utility-token)**:** The GFAL ecosystem's native currency and utility token are pivotal for the platform's services and games developed within. # Platform At Games for a Living, we're more than just another gaming platform; we're shaping a new gaming experience. Our blockchain-powered platform stands at the intersection of technology and entertainment, ensuring that both gamers and developers can unlock and utilize state-of-the-art features With features like digital asset ownership for gamers and a suite of practical development tools for creators, our focus is on improving and streamlining engagement within the GFAL infrastructure. The Platform has been architected and implemented with a cross-platform focus from day one, so it will support all major mobile, desktop and console platforms. **The Platform includes the following elements:** * [**GFAL ID**](/information-about-games-for-a-living/solution/platform/gfal-id)**:** Allows players to access and manage their game accounts across multiple devices and games within GFAL. * [**GFAL Launcher**](/information-about-games-for-a-living/solution/platform/gfal-launcher)**:** Designed to enhance the player gaming experience by seamlessly integrating both first and third-party games into a unified platform. * [**Marketplace**](/information-about-games-for-a-living/solution/platform/gfal-marketplace)**:** A dynamic and enhanced marketplace with a user friendly interface that allows users trade their collectibles from all games within GFAL ecosystem. * [**Game Tools**](/information-about-games-for-a-living/solution/platform/gfal-developer-portal)**:** Offering a full set of game service tools such as: * GFAL Wallet * Game Analytics The GFAL platform, has already undergone two successful external audits conducted by **Wallarm**, a renowned security auditing firm specializing in Web3, blockchain, and cloud infrastructure. Wallarm is recognized for its expertise in identifying and mitigating potential vulnerabilities in digital ecosystems, ensuring both robustness and regulatory compliance. These audits reaffirm our commitment to security, transparency, and reliability, giving our users the peace of mind that all transactions on the GFAL Marketplace occur within a fortified and well-regulated environment. # GFAL Marketplace The digital world is evolving, and the GFAL Marketplace is at the forefront of this transformation. Representing a harmonious blend of user-centric design, security, and versatility, our marketplace is a dynamic hub tailored to the unique needs of the gaming community. Here, we don't just facilitate trade; we redefine it. **Key Benefits of GFAL Marketplace:** * **Unified Trading Center**: Dive into a seamless trading environment where digital collectibles from the vast range of games in the GFAL ecosystem can be traded effortlessly. Experience streamlined, centralized trading like never before. * **Intuitive Token Transactions**: The GFAL Marketplace offers more than just a space for digital collectibles. Through our partners, acquire $GFAL, our signature ecosystem token, with unmatched simplicity, blending both convenience and functionality in one unified platform. * **Dynamic Offering**: Step into the future of digital collectibles. The Marketplace will feature innovative digital collectible collections with a unique dynamic pricing model. Each subsequent unit will be priced higher than the previous one, introducing a fresh and exhilarating approach to digital collectible purchases. * **Secure and Comprehensive Platform**: Trade with confidence. Featuring a verified online portal and a user-friendly digital wallet, we prioritize your security. As the merchant of record, we back every transaction with comprehensive customer service and robust fraud management support. * **Transparent Operations**: Stay in the know with our transparent trading environment. Track, monitor, and scan all transactions with precision through our dedicated online portal, ensuring clarity at every juncture. With the GFAL Marketplace, we invite you to a trading realm where safety, convenience, and experience converge, ensuring a frictionless, protected journey for both developers and players. *NOTE*: The creation and launch of the Marketplace will be subject to compliance with current and future relevant regulations and regulatory requirements (Prevention of Money Laundering, MiCA, registration with the Bank of Spain, etc.).
# GFAL ID At Games for a Living, our mission is to improve the gaming landscape continually. GFAL ID is a testament to our dedication, seamlessly blending security, accessibility, and unity. GFAL ID is designed to streamline gaming experiences within our ecosystem. It offers players a simple way to ensure their game progress is safe without needing multiple accounts or managing multiple credentials across platforms. **Key Benefits of GFAL ID:** * **Secure Your Gaming Progress**: If you switch devices or misplace your gadget, with GFAL ID, your game progress remains safe. You can always continue where you left off. * **A** **Unified Gaming World**: A single ID connecting all your GFAL games, offering a smooth experience across our ecosystem. * **Community Building and Engagement**: GFAL ID enhances the player community experience. Find and connect with fellow gamers easily; the friendships you form in one game can be seen in others. * **Elevate Your Gaming Assets**: GFAL ID is not just for gameplay; it's also your access to our marketplace. Trade, buy, or sell assets across the GFAL ecosystem with ease.
# GFAL Launcher At Games for a Living, we continuously strive for innovation. The GFAL Launcher is a testament to this commitment, offering a seamless blend of integration, accessibility, and unified gameplay. The GFAL Launcher goes beyond just a tool; it's a gateway to an expansive gaming realm. Designed to enhance the player experience, it efficiently combines first- and third-party games, providing a platform for diverse gaming adventures. **Key Benefits of GFAL Launcher:** * **Centralized Gaming Hub:** No need to juggle multiple platforms or interfaces. With the GFAL Launcher, first and third-party games are smoothly integrated, providing a centralized hub for all gaming sessions. * **Optimized Player Engagement**: We prioritize the gamer's experience. GFAL Launcher offers quick access, reduced load times, and an intuitive user interface, ensuring players are always at the forefront of the experience. * **Broadened Gaming Horizons**: Dive into the rich tapestry of gaming with the GFAL Launcher. Explore a range of genres, playstyles, and narratives, all from a single platform, expanding your gaming possibilities. * **Games with Direct access to the Marketplace:** By playing games available through the GFAL Launcher, you directly support both us and the developers, as there are no intermediary fees. Additionally, you gain immediate access to the marketplace from within the game, allowing you to trade or purchase items seamlessly without ever leaving the gameplay experience. Step into a cohesive gaming world where simplicity meets vastness, all thanks to the GFAL Launcher. # GFAL Developer Portal The need for sophisticated and integrated tools has never been more pronounced with the gaming landscape evolving. The GFAL Developer Portal, with its curated suite of offerings, seeks to provide a holistic solution for both developers and players, ensuring a seamless digital gaming journey. **Key Features of the GFAL Developer Portal**: * **GFAL Wallet**: More than just a storage solution, the non-custodial GFAL Wallet redefines digital asset management. Emphasizing security with multi-signature security, two-factor authentication, and hierarchical deterministic addresses, the wallet couples protection with an intuitive interface. Whether you're trading, sending, or receiving, the GFAL Wallet ensures every transaction is a breeze. * **Token and Digital Collectible Creation**: Empowering developers, this tool simplifies the complex world of digital assets. With capabilities to mint, launch, and monitor digital asset inventory across platforms, it's an end-to-end digital collectible and token management solution tailored for the gaming world. * **Game Analytics**: Harness the power of data-driven insights with our proprietary game analytics. Rooted in the Games-as-a-Service design and modeling methodology, as highlighted in a renowned research paper published in [Nature](https://www.nature.com/articles/s41598-020-60742-8), these analytics offer actionable insights to enhance game performance. Step into the future of gaming with the GFAL Developer Portal. Designed with precision and care, each feature ensures the complex digital gaming world becomes a seamless, enjoyable journey for all. # Games **GFAL Games:** Pioneering a New Era in Gaming At GFAL, we're not just crafting games; we're building an expansive ecosystem where $GFAL, our utility token, serves as the cohesive bond linking all games within our dynamic Platform. Every experience we curate seamlessly integrates both our first-party and third-party titles. Our creations are grounded in three core principles: * **Innovation**: While Web3 technology remains at our foundation, we're equally committed to the integration of AI and are constantly on the lookout for new advancements. This ensures our games always offer a blend of the familiar and the groundbreaking, evolving with the times. * **Engagement**: Designed for immersive fun, our games draw players into captivating worlds, holding their attention from start to finish. * **Timelessness**: Not just fleeting amusements, our games aim to entertain for decades, with content and mechanics that hold enduring appeal. **Game Development**: Crafting Unique Experiences * **Elemental Raiders**: A vibrant blend of strategy and RPG, this game is now available Soft Launch on Steam, Samsung Galaxy Store, Google Play, iOS, Elixir and GFAL Launcher. It's also being ported to Console, aiming at Q1 2025 for its Soft Launch, too. It offers players ownership of unique in-game Digital Collectibles, complemented by AI-generated assets. * **Diamond Dreams**: Combining our team's extensive experience in digital jewelry and casual games, Diamond Dreams is a testament to our expertise. This 3D match-3 switcher game integrates blockchain to enable the creation and trade of dazzling Digital Collectibles. It aims to be both captivating for casual gamers and a testament to our long-lasting game design approach. **Game Publishing**: Third-Party Games With our wealth of experience, we're expanding into the realm of publishing, supporting external teams who align with our foundational principles. Currently, we're excited about one venture: * **Jump Pump**: Introducing a thrilling platform jumping mechanic, this game is geared towards fans seeking short, high-stakes gaming sessions. Join us in the evolution of gaming, where we push boundaries, foster creativity, and bring unparalleled experiences to screens worldwide. \
# Diamond Dreams Diamond Dreams is a luminous extension of our rich legacy in casual puzzle gaming. Harnessing insights from influential games, Diamond Dreams seeks to sculpt new standards in casual entertainment. **Innovation**: Beyond its identity as a 3D match-3 switcher game, Diamond Dreams introduces a groundbreaking fusion with blockchain technology. Players can craft stunning in-game jewelry, not only to cherish visually but also to transform into Digital Collectibles. The opportunity to trade or monetize these treasures amplifies the depth of the gaming experience. Advanced rendering ensures every gem gleams with unparalleled brilliance. **Engagement**: Match-3 games are innately captivating, and Diamond Dreams elevates this charm. Blockchain elements enhance player immersion and retention, setting the stage for Diamond Dreams to become a hub of vibrant player activity. **Timelessness**: The allure of puzzle games is ageless. Diamond Dreams amplifies this sentiment by immortalizing Digital Collectibles, crafting a legacy for future players. Where Elemental Raiders resonated with the strategy-savvy, Diamond Dreams beckons a vast spectrum of casual gamers. Simple yet enthralling mechanics, combined with visuals inspired by luxury jewelry craftsmanship, position Diamond Dreams as the beacon guiding casual gamers into the vast potential of blockchain.
# Elemental Raiders Step into the realm of 'Elemental Raiders', where we blend traditional gaming mechanics with the expansive capabilities of Web3. This multiplayer turn-based strategy game, infused with RPG dynamics, is available in Soft Launch on Steam, Samsung Galaxy Store, Google Play, App Store, Elixir and GFAL Launcher. It's also being ported to Console, aiming at Q1 2025 for its Soft Launch, too. Grounded in our core principles of innovation, engagement, and endlessness, 'Elemental Raiders' epitomizes our dedication to redefining gaming. **Innovation**: 'Elemental Raiders' combines blockchain technology and planned AI integration to elevate the free-to-play experience. Players can own Digital Collectibles with proven scarcity, enhancing gameplay or trading based on player investment. Soon, AI will facilitate the creation of these unique in-game assets. **Engagement**: Central to 'Elemental Raiders' is its immersive multiplayer battles. A rich tactical landscape and player interactions make every encounter distinct and engrossing. **Timelessness**: 'Elemental Raiders' showcases a blend of genres, offering intuitive and profound mechanics. The game is tailored for a wide audience, from novices to experts, with player-versus-player interactions ensuring enduring replayability. As the first Games for a Living product, Elemental Raiders will be the company’s flagship game and the first public demonstration of the ecosystem we are building. ![](/files/Ze5E4nXQVHVzIrRw1qVq)
# Entities and Individuals Involved in Games For A Living ## Board of Directors and Management Team **Games for a Living** has a [management team](https://www.g4al.com/team/) with solid and complementary expertise in business, technology, and investments. The founders have a combined 125 years of experience in entrepreneurship, video games, and new technologies. **Manel Sort**\ *Co-founder and CEO* * More than 20 years of experience as a video game developer and producer, studio head, and CEO of companies in the industry. Former FVP at Activision Blizzard King and GM of King Barcelona Studio. * He has contributed to and released more than 60 games on all major platforms (PC, Xbox, PS2, mobile), generating more than $ 1 billion in EBITDA. **Trip Hawkins**\ *Co-founder and CSO* * Founder and former CEO of both Electronic Arts and Digital Chocolate. **Javier León**\ *Co-founder and Art Director* * 26 years as a CGI specialist and art director in video game and special effects studios in Europe and the US. * Nominated for an Emmy for *The Crown*'s Credits and one of the 200 Best International Digital Artists, according to the *Lürzer Archive*. **Christian Gascons**\ *Co-founder and COO / Technical Director* * Entrepreneur with over 20 years of experience in client-server programming for major cross-platform video game companies, including leadership roles at industry leaders like Digital Chocolate. With more than a decade of management experience, he now drives the operational direction at Games for a Living. Ex-Blizzard Entertainment. **Marc Tormo**\ *Co-founder and Game Director* * Entrepreneur with 18 years of experience in video game design with a special emphasis on free-to-play mechanics. Ex-Blizzard Entertainment. **Carlos Blanco**\ *Co-founder and Financial Partner* * Entrepreneur, private investor, and managing partner at Encomenda Smart Capital. Investor in dozens of successful global technology projects, including Housfy and Grupo ITnet. Founder of Akamon Entertainment. **Ernest Sánchez**\ *Co-founder and Financial Partner* * Entrepreneur, investor, director, and member of the board of directors of high-growth technology companies such as Zapper and Glovo. ### Steering and Monitoring Committee In order to drive transparency and ensure a satisfactory rendering of accounts to stakeholders, **Games for a Living** has a Steering and Monitoring Committee. The committee, made up of investor representatives, will be informed of the economic-financial and technological evolution of the company. **Games for a Living** will provide the Committee with all the information required for this purpose, and meetings will be organized at least once a quarter to inform its members. In addition, the Steering and Monitoring Committee will have an Observer, who may also participate in the discussions of the issues discussed in the sessions, without, however, having the right to vote. ### Others Venture Capital funds that invested in **Games for a Living's** pre-seed round phase include, among others, Inveready, Bonsai, and Nuclio. ### Advisors Pol Colomer, Data Analysis: Ph.D. in physical sciences and data science consultant. Mª Rosa Ardanuy, Finance: 20 years of experience as manager and financial director. Martín González, Financial Advisor: CFA and economist specialized in Corporate Development. ### Legal Team Roca Junyent/ATH21/Osborne & Clarke/Fenwick/Grant Thornton: Law firms Mireia Aleu: Lawyer, legal advisor, and business and investment analyst. Álvaro Vives Cuesta: Independent legal advisor. Alejandro Gómez de la Cruz Alcañiz: Independent legal advisor. # $GFAL Utility Token The Unified Currency Powering the GFAL Gaming Ecosystem At Games for a Living, we are on a transformative journey, integrating the boundless potential of blockchain technology into gaming. Central to this revolution is the $GFAL token, an embodiment of unity and integration across our gaming landscape. **Unified Gaming Economy:** Every game within the GFAL ecosystem is seamlessly woven together by the $GFAL token. As the exclusive and principal currency, $GFAL underpins every transaction and every digital collectible across our entire gaming portfolio. **Collective Demand, Singular Token:** The collective demand from all our games translates directly to demand for the $GFAL token. As players delve into different titles, engage in trades, or compete for rewards, they simultaneously fuel the value and importance of $GFAL. The popularity and enjoyability of our games are inherently tied to the strength and desirability of this token. **Token Origin:** Being the heart of our platform, the significance of $GFAL was marked with a Token Generation Event (TGE) on 13th March 2023. Beginning with an exclusive private sale, it was subsequently unveiled to our vast gaming community through a public sale. With the $GFAL token, we invite players into a holistic gaming universe, where each game contributes to a collective economy, and where the thrill of gaming aligns with the tangible value of a unified currency. \ # $GFAL Technical Features ### Underlying Technology Our token follows the BEP-20 standard and operates on the BNB Smart Chain (BSC), part of the BNB Chain ecosystem. The BEP-20 standard is an extension of Ethereum's ERC-20 standard, designed to offer the same functionalities and ensure interoperability within the BNB Chain ecosystem. **Why BEP-20 and not ERC-20?** Compatibility: Although our token is based on ERC-20 specifications, by operating on BNB Smart Chain, it follows the BEP-20 standard. This ensures compatibility with BNB Chain's infrastructure and tools, while maintaining easy transition and understanding for those familiar with ERC-20. Efficiency: BNB Smart Chain offers lower transaction fees and faster confirmation times compared to Ethereum, making it a more efficient choice for our users. **Benefits of the BEP-20 Standard** Interoperability: Similarity to ERC-20 allows for easy integration with applications and services that support ERC-20. Efficiency: Lower transaction costs and faster speeds on the BNB Smart Chain. Extensive Support: Broad support from wallets, exchanges, and development tools within the BNB Chain ecosystem. ### Smart Contract The smart contract has been developed with Solidity programming language and deployed on the BNB Chain. BSCScan official address: ### Technology Audit Find below the technology auditing of the $GFAL token carried out by Hacken: {% embed url="" %} ### [BNB Chain Documentation](https://github.com/bnb-chain/whitepaper/blob/master/WHITEPAPER.md#reward) ### Environmental Impact of the Consensus Mechanism The $GFAL token is based on the BNB Chain, which employs Proof of Staked Authority (PoSA) as its consensus mechanism. This has a significantly lower environmental impact compared to mechanisms such as Proof of Work (PoW). By combining features of Proof of Stake (PoS) and Proof of Authority (PoA), PoSA eliminates the need for energy-intensive mining, drastically reducing electricity consumption and carbon emissions. This results in a more efficient and sustainable operation, with lower operating costs and a smaller carbon footprint, while also facilitating the use of renewable energy sources and improving the accessibility and scalability of the blockchain network # $GFAL Uses and benefits **Games for a Living** has designed an incentive scheme that benefits the growing user base, increasing network effects. The advantages offered to $GFAL token holders are many and very diverse, depending on the use of the token on the [Platform](/information-about-games-for-a-living/solution/platform) and the [Games](/information-about-games-for-a-living/solution/games), as listed below: ### $GFAL use for Developers: * $GFAL use in the [Web3 Game Tools](/information-about-games-for-a-living/solution/platform/gfal-developer-portal) * $GFAL use in the [Marketplace](/information-about-games-for-a-living/solution/platform/gfal-marketplace) ### $GFAL use for Players: * $GFAL use in the [Games](/information-about-games-for-a-living/solution/games) # $GFAL use for Developers ### $GFAL use in the Web3 Game Tools: All Web3 Game Tools fees are to be paid in $GFAL. These include some of the following services: * Developer portal * Game Analytics ### $GFAL use in the Marketplace: * All digital collectibles royalties from future sales are paid in $GFAL to developers. # $GFAL use for Players ### $GFAL will serve as a **cross-currency** in all [Games](/information-about-games-for-a-living/solution/games) developed with the [Network](/information-about-games-for-a-living/solution/platform) #### Uses and benefits of $GFAL in [Elemental Raiders](/information-about-games-for-a-living/solution/games/elemental-raiders), but applicable to all [Games](/information-about-games-for-a-living/solution/games): * **Purchases**: All in-game purchases made from the GFAL Marketplace are made with $GFAL. * **Mint & Upgrade**: Players can mint their digital collectibles and upgrade them using $GFAL. * **Marketplace**: Players will be able to buy in-game digital collectibles and currencies from other users with $GFAL. #### Additional possible use cases in other [Games](/information-about-games-for-a-living/solution/games): * Access to exclusive adventures/quests * Access to PvP tournaments * Actions to create or combine digital collectibles * Speed up routine processes * Increase the activity limit (e.g. number of daily games) The exclusive actions/features will be defined by the developer of each game together with **Games for a Living**. # Exchange Listings and Secondary Market Information The $GFAL utility token is currently admitted for trading on several centralized exchanges, providing liquidity and accessibility to the GFAL community. All listings were completed before the full applicability of the MiCA Regulation (December 30, 2024) and therefore fall outside the regulatory scope of Title II concerning admission to trading. | Exchange | Listing date | Delisting date | | -------- | -------------------------------------- | ---------------- | | MEXC | April 5, 2023 | April 28th, 2026 | | Bitget | March 13, 2023 (Delisting in 2025 EOY) | April 28th, 2026 | | Bitmart | March 13, 2023 | April 28th, 2026 | | Bit2Me | March 13, 2023 | April 28th, 2026 | All listings were conducted through standard industry agreements prior to MiCA enforcement. GFAL did not formally request admission to trading under MiCA, as these listings occurred in advance of the Regulation’s effective date. The market liquidity for $GFAL is currently managed by **Flowdesk**, a regulated French market-maker operating under MiFID II and registered as a Digital Asset Service Provider (PSAN) with the Autorité des Marchés Financiers (AMF). This ensures that trading activity adheres to the highest standards of transparency and regulatory compliance within the European Union. In the spirit of transparency and consistent with Article 14 of the MiCA Regulation (honest, clear, and non-misleading communication), GFAL discloses this information for informational purposes only. **Important note:** As of April 28, 2026, $GFAL is no longer admitted to trading on centralized exchanges and operates exclusively through decentralized market infrastructure. This transition reflects a strategic shift towards prioritizing on-platform utility, direct user access via the GFAL Marketplace, and a more sustainable allocation of resources in line with the project's long-term product-focused approach. # Information on the Issuance of $GFAL To continue developing[ its project,](/information-on-the-issuance-of-usdgfal/use-of-funds-and-issuance-costs) **Games for a Living** announced the issuance of Games for a Living Tokens ($GFAL) via a private offering and a pre-sale. The pre-sale will be conducted via launchpads. ## Reasons for Issuance The $GFAL issuance has the following **goals**: * Financing of the next stage of development of **Games for a Living**. * Financing the agreements for services and products of the company. * Financing of the international expansion of **Games for a Living**. * Design and execution of an international marketing campaign. * Strengthening our community of current and potential customers. * Promoting the platform through the issuance of $GFAL. * Financing the development of first-party and third-party video games. ## Subject of Issuance: Games for a **Living** Token ($GFAL) **Games For A Living** was responsible for the issuance of a non-representative token of negotiable value (utility token) called **Games for a Living** Token ($GFAL). ### Specifications * Full name: Games for a Living Token * Symbol: $GFAL * Maximum supply: 10,000,000,000 * Blockchain network: BNB Chain * Standard: BEP-20 (ERC-20) * Token address: 0x47c454cA6be2f6DEf6f32b638C80F91c9c3c5949 # Issuer Data |

Issuer Name

G4AL Entertainment S.L.

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Registered Office

C/ Morales, 31, Entresuelo 1ª, 08029, Barcelona

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Data of Entry in the Commercial Register

27/07/2021

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CIF (Company Tax Number)

B16753725

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Management Body

Company director: Manel Sort

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Management supervision committee
Carlos Blanco - Nuclio
Ernest Sanchez - Nuclio
Roger Pique - Inveready
Javier Cebrian - Bonsai Partners
Martí Escursell - Bonsai Partners

| A summary of GFAL's financial situation in recent years: 2021 The company was incorporated in July 2021 and raised 1.05€ million in the seed round of financing. 2022 The Initial Coin Offering (ICO) commenced and concluded prior to the token launch in March 2023. A total of 3.5M€ was sold. 2023 The company achieved a turnover of 6.8M€ during the 2023 financial year. Successful launch of the native GFAL token on multiple exchanges and with the assistance of major launchpads. 2024 A 3€ million financing round was successfully closed with Supercell and other major companies in the industry. The establishment of a GFAL subsidiary in Dubai and the creation of a holding structure for the entire company were also completed.
# Information on Token Sale ## Private Sale and Pre-Sale The content of this document describes the conditions of the sale of $GFAL, which was carried out in two phases: ### Private Sale Of the total 10 billion $GFAL issued by **Games for a Living**, Games for a Living reserved the right to sell up to a total of **up to 15% of tokens privately**. ### Public Sale Upon completion of the Private Offering, the Issuer offered **up to 2% of the total tokens** in a Pre-Sale through Launchpads during the subscription period. ### Hard Cap The maximum amount to be placed between the private sale (15% of all tokens) and the public sale (2% of all tokens) will be 1,700,000,000 $GFAL, which amounts to €3.75 million (private sale) and $800.000 (public sale). ## Definitions **Token:** Digital asset that can be used within the ecosystem of a specific project. The most common token standard is known as ERC-20. **Lock-up period:** Period of time during which token transmissibility is not allowed. **Vesting:** The progressive release of tokens during the specified period, with the accrued amount for tokens being distributed on a monthly and a proportional basis during said period. **Airdrops:** Operation to send tokens to selected users with the purpose of promoting new products and token uses. **Liquidity pool:** Share of the total token supply that is not for sale during the private offering or the pre-sale. ## Token Price and Sale Stages ### Private Sale * Start date: February 23rd, 2022 * Lock-up period: 3 months from public listing. * Vesting (release): Starting from the end of the lock-up period, in 1-month blocks, for 12 months. * Purchase limits: Minimum €30,000 * Maximum % of total issuance: 15% * Maximum number of tokens to be issued: 1,500,000,000 * Token price: €0.0025 ### Public Sale * Start date: March 9th, 2023, 11:00 am UTC * End date: March 10th, 2023, 11:00 am UTC * Unlock at public listing: 33.33% * No Lock-up period * Vesting remaining: 2 months from public listing * Maximum % of total issuance: 2% * Maximum number of tokens to be issued: 200,000,000 * Token price: $0.004 ### Public Listing * Start date: March, 13th 2023, 11:00 am UTC *The tokens assigned to the phases of private sale and pre-sale phase that are not sold in the designated phases may be offered in the following phase with the value corresponding to the phase in which they are assigned.* ## Target Market The target market for the sale of the $GFAL is primarily the players, partners, and developers interested in **Games for a Living.** That said, given the potential utility of holding and using the $GFAL, the target market for this offering may be extended to: * Current and potential institutional customers of the platform. * Partner brands. * Institutions with an interest in entering our utility token ecosystem. ## Payment Methods for Acquiring $GFAL The following payment methods are offered for the purchase of $GFAL: * Bank transfer * Credit card During the terms of each pre-sale option, users were able to subscribe funds to the wallet and the resulting balance will be deposited in the same wallet when the sale ends. Depending on the option chosen and the lock-up period, users were able to sell or withdraw their balance. The token was able to be purchased on the pre-sale via the following official launchpads: * Seedify ([info](https://launchpad.seedify.fund/pool_detail/upcoming/62e3dce98dfadd0fa8f51a31)) * Bit2Me ([info](https://bit2me.com/suite/launchpad/project/ggt)) * Enjinstarter ([info](https://launchpad.enjinstarter.com/projectcoming/3264b38c-1e4c-4f1f-b8dd-4fc0cb5464f4)) ## Token Delivery The delivery and unlocking of tokens took place entirely on the Network. In the first instance, all the corresponding tokens for each user were visible in their **Games for a Living** account, although subject to different blocking models. The tokens were delivered to the **Games for a Living** Wallet. ## Jurisdiction and Competence Any incidence derived from this document and/or its respective subscription terms of annexed will be subject to Spanish legislation. Waiving any other jurisdiction that may correspond, the buyers submit to the Courts of Barcelona, to resolve any differences that may arise in the interpretation or execution of this document and/or its respective subscription terms annexed. # Token Distribution ### Token Retention Periods (Lock-up) In order to improve the usability and distribution of tokens in the market, **Games for a Living** made the transferability of the tokens that do not correspond to the Private Offering and the Public Offering impossible during certain periods.
The Issuer, **Games for a Living**, commited to issuing no more than 10 billion $GFAL tokens, whose distribution was configured as follows (remaining subject to future changes):
CategoryToken supply% of Total SupplyLock-upVesting% Unlock at Public ListingAverage Monthly % Unlock
Private Sale1,500 M15%3120%8.33%
Public Sale200 M2%0233.33%33.33%
Liquidity1,000 M10%01224%6.33%
Team1,800 M18%121080%0.93%
Advisors200 M2%12240%4.17%
Developers500 M5%3450%2.22%
Foundation1,500 M15%12480%2.08%
Reserve1,000 M10%18480%2.08%
Marketing750 M7.5%0244%4%
KOLs50 M0.5%0615%14.17%
In-Game1,500 M15%0603%1.62%
**The audit of the vestings's smart contracts is the following:** {% embed url="" %} ***Disclaimer**: It is important for the success of the project token’s launch and future performance that there is sufficient liquidity in the market. Therefore, the liquidity bucket was not locked in a smart contract to ensure that the team can adjust the liquidity available in the market depending on the demands that are seen. This extra liquidity was added at the team’s discretion and will be coming out of the wallet that contains our tokens allocated for liquidity. The address for this token can be found at the following* [*link*](https://bscscan.com/address/0x498633BE6669Dfc5E0C4C05dA1Eb8f50fe253ca1)*.* # Private Sale 15% of the total supply will be distributed among strategic investors in a seed round. The first set of tokens was unlocked on 13 June, 2023, as per the smart contract that has locked them, one month before they vest. Once unlocked, these tokens will be transferred to the Games for a Living cold wallet, ensuring sufficient time to execute the necessary transfers according to the vesting schedule. Private Sale token purchasers can expect to receive their initial transfer on July 13th, 2023. Subsequently, they will receive transfers on the 13th of each month until the final transfer on June 13th, 2024. #### Smart Contract Vesting address: [0x6f4FC00457CAfb8fFF19715A6E38D6Fc386B6857](https://bscscan.com/address/0x6f4FC00457CAfb8fFF19715A6E38D6Fc386B6857) **Vesting Smart Contract:** [Audit Report Link](https://github.com/gamesforaliving/web3-contracts-bundle/blob/main/contracts/vestings/VestingBasic_Audit_Report.pdf) **Custody Cold Wallet Address:** [0xd67D5Ad4FF45C4D61181d16C6071071164ABf3B1](https://bscscan.com/address/0xd67D5Ad4FF45C4D61181d16C6071071164ABf3B1#tokentxns) # Public Sale 2% of the entire token supply was sold during the pre-sale through Launchpads. 33.33% of the tokens purchased by users through Launchpads was unlocked at the time of public listing. The remaining tokens purchased had a vesting period of 2 months. # Liquidity **Games for a Living** reserved 10% of the total supply for liquidity, in order to maintain healthy market share in $GFAL after the token goes public. These tokens have a 24% unlock at public listing, and 12-month vesting period of the remaining tokens starting from the end of month 1. **Custody Cold Wallet Address:** [0xa880b1E0BCD0C8bfa03e807c094Af2B350C1A595](https://bscscan.com/address/0xa880b1E0BCD0C8bfa03e807c094Af2B350C1A595#tokentxns) ***Disclaimer**: It is important for the success of the project token’s launch and future performance that there is sufficient liquidity in the market. Therefore, the liquidity bucket was not locked in a smart contract to ensure that the team can adjust the liquidity available in the market depending on the demands that are seen. This extra liquidity will be added at the team’s discretion and will be coming out of the wallet that contains our tokens allocated for liquidity. The address for this token can be found at the following* [*link*](https://bscscan.com/address/0x498633BE6669Dfc5E0C4C05dA1Eb8f50fe253ca1)*.* # Team 18% of the supply was reserved for teams involved in the project. These tokens will also be used to attract new talent to the team in the future, as well as to encourage and retain existing team members. They have a lock-up period of 12 months and a vesting period of 108 months (a total of 10 years). #### Smart Contract Vesting address: [0x08E6D346cef70D8F680D520256B75ba504cCB942](https://bscscan.com/address/0x08E6D346cef70D8F680D520256B75ba504cCB942) **Vesting Smart Contract:** [Audit Report Link](https://github.com/gamesforaliving/web3-contracts-bundle/blob/main/contracts/vestings/VestingBasic_Audit_Report.pdf) **Custody Cold Wallet Address:** [0xF50F6dD7316d662fBebb6DF89F2f1380cd05E4D3](https://bscscan.com/address/0xF50F6dD7316d662fBebb6DF89F2f1380cd05E4D3#tokentxns) # Advisors 2% will be used to collaborate with key strategic advisors with deep industry knowledge and experience. The lock-up period that precludes their sale is 12 months followed by a vesting period of 24 months. #### Smart Contract Vesting address: [0xA46E64D618475ff8379f152A03317a108a89fDd1](https://bscscan.com/address/0xA46E64D618475ff8379f152A03317a108a89fDd1) **Vesting Smart Contract:** [Audit Report Link](https://github.com/gamesforaliving/web3-contracts-bundle/blob/main/contracts/vestings/VestingBasic_Audit_Report.pdf) **Custody Cold Wallet Address:** [0x2b98599b249b3696FA1De871138e84F6E5d77b7D](https://bscscan.com/address/0x2b98599b249b3696FA1De871138e84F6E5d77b7D#tokentxns) # Developers 5% of the tokens will go towards incentivizing members of the videogame developer community and technology partners to join the platform, which will generate greater network effects with each new partnership. These tokens have a lock up period of 3 months and a vesting period of 45 months. #### Smart Contract Vesting address: [0xb18771af81eFEd73911Bfe95389F0A28e946592d](https://bscscan.com/address/0xb18771af81eFEd73911Bfe95389F0A28e946592d) **Vesting Smart Contract:** [Audit Report Link](https://github.com/gamesforaliving/web3-contracts-bundle/blob/main/contracts/vestings/VestingBasic_Audit_Report.pdf) **Custody Cold Wallet Address:** [0xF4f1F4D241E2710C3143128b14F526f55193ed0f](https://bscscan.com/address/0xF4f1F4D241E2710C3143128b14F526f55193ed0f#tokentxns) # Foundation The Foundation will retain 15% of all supply and be used for a variety of purposes, including the development of new features and applications for the blockchain, and rewarding early adopters and developers. It can also be used to fund research and development of new blockchain technologies. These tokens will have a lock up period of 12 months and a vesting period of 48 months. #### Smart Contract Vesting address: [0x5a1A22Dd99AF1835042572436Fb24b13b05f0375](https://bscscan.com/address/0x5a1A22Dd99AF1835042572436Fb24b13b05f0375) **Vesting Smart Contract:** [Audit Report Link](https://github.com/gamesforaliving/web3-contracts-bundle/blob/main/contracts/vestings/VestingBasic_Audit_Report.pdf) **Custody Cold Wallet Address:** [0x02cb4410F49a6321EDde25490944b383544912ec](https://bscscan.com/address/0x02cb4410F49a6321EDde25490944b383544912ec#tokentxns) # Reserve The Reserve will retain 10% of all supply to maintain a healthy market activity in the $GFAL token and provide flexibility in the early stages of the suite. Even in the unlikely event of a technical or security breach resulting in the loss of funds, the reserve will be used to compensate affected users. These tokens will have a lock up period of 18 months and a vesting period of 48 months. #### Smart Contract Vesting address: [0x8EEDd042caCE47963F52E9D2190c97Ab00F33f03](https://bscscan.com/address/0x8EEDd042caCE47963F52E9D2190c97Ab00F33f03) **Vesting Smart Contract:** [Audit Report Link](https://github.com/gamesforaliving/web3-contracts-bundle/blob/main/contracts/vestings/VestingBasic_Audit_Report.pdf) **Custody Cold Wallet Address:** [0x916A8DC22b1E91051e2CD88795701D3A6c6E718d](https://bscscan.com/address/0xd1638D9b4f7E15116f7dDA588F8945DB0b13cb82#tokentxns) # Marketing **Games for a Living** reserves 7.5% of the total supply for marketing, promoting new products and use cases for the token. These tokens have a 4% unlock at public listing, and 24-month vesting period of the remaining tokens starting from the end of month 1. #### Smart Contract Vesting address: [0xD5dcB7b469eF01283B41EFE468593a71BEee48D6](https://bscscan.com/address/0xD5dcB7b469eF01283B41EFE468593a71BEee48D6) **Vesting Smart Contract:** [Audit Report Link](https://github.com/gamesforaliving/web3-contracts-bundle/blob/main/contracts/vestings/VestingBasic_Audit_Report.pdf) **Custody Cold Wallet Address:** [0xd1638D9b4f7E15116f7dDA588F8945DB0b13cb82](https://bscscan.com/address/0xd1638D9b4f7E15116f7dDA588F8945DB0b13cb82#tokentxns) # KOLs The KOLs dedicated allocation will retain 0.5% of all supply used for incentivizing key opinion leaders (KOLs) in the gaming community. This will drive engagement, build brand awareness, and help scale the community. By rewarding KOLs with tokens, the company aims to tap into their influence to promote the game, resulting in a virtuous cycle of growth and adoption. These tokens will have a vesting period of 6 months. #### Smart Contract Vesting address: [0x39cf1cdF5152e851C769Ee4B8c7fFF489B1B36cF](https://bscscan.com/address/0x39cf1cdF5152e851C769Ee4B8c7fFF489B1B36cF) **Vesting Smart Contract:** [Audit Report Link](https://github.com/gamesforaliving/web3-contracts-bundle/blob/main/contracts/vestings/VestingBasic_Audit_Report.pdf) **Custody Cold Wallet Address:** [0x65A6D6bA47D4E3aeFe4F5D47514464B49d45fA7A](https://bscscan.com/address/0x65A6D6bA47D4E3aeFe4F5D47514464B49d45fA7A#tokentxns) # In-Game The In-Game dedicated allocation represents 15% of $GFAL's total offering and have a 3% unlock at public listing, and a 60-month vesting period of the remaining tokens starting from the end of month 1. Its goal is to attract a wide range of players to the Games For A Living ecosystem in search of token rewards, by granting ownership and participation to the most active members of the community. Why In-Game rewards? A game needs players. By simply playing the game, community members add value to the network and should be rewarded. It's simple, but revolutionary. **Games for a Living** is looking for evangelists to line up incentives as it changes the world of gaming forever. #### Smart Contract Vesting address: [0x5C3227A15a4917590f0Ea114652725D7030B5537](https://bscscan.com/address/0x5C3227A15a4917590f0Ea114652725D7030B5537) **Vesting Smart Contract:** [Audit Report Link](https://github.com/gamesforaliving/web3-contracts-bundle/blob/main/contracts/vestings/VestingBasic_Audit_Report.pdf) **Custody Cold Wallet Address:** [0x30c696464657B0b8536629B0f59c6c1DCaA19AC6](https://bscscan.com/address/0x30c696464657B0b8536629B0f59c6c1DCaA19AC6#tokentxns) # Use of Funds and Issuance Costs The funds received from the sale of tokens will help **Games for a Living** scale its **operations** globally by adopting the latest technologies and developing the best blockchain games and metaverses along the way. Below we detail the estimated use of funds; however, this information is subject to change. The main use of the funds is the development of the [Platform](/information-about-games-for-a-living/solution/platform) and the[ Games](/information-about-games-for-a-living/solution/games). This represents **40%** of the total funds. A major challenge is to contribute to the creation of a regulatory framework in the different countries in which **Games for a Living** operates. This task requires a close working relationship with regulatory bodies to keep up with the changing legal landscape. We will obtain licenses in strategic countries in the European Union and Asia. We estimate that we will invest **15%** of the total funds in regulatory infrastructure and risk management. In the **geographic expansion process**, we will invest in the promotion of the platform globally. Thus, **35%** of resources will be used in advertising, marketing, and community management for customer acquisition, brand recognition, and community creation, scaling and investing in **marketing and sales channels**. Platform **security** will represent 5% of the funds, as per industry best practices. The remaining **5%** will go towards: * Daily administrative and operational tasks, such as office rental, logistics management, transportation, finance, reporting, and external audits; * Maintaining daily working capital with different liquidity providers, regulatory capital standards, and efficient cash flow with banking partners, payment processors and other service providers. # Legal Notices Please note the following legal notices: 1. [Warning](/legal-notices/warning) 2. [Potential Conflicts of Interest](/legal-notices/potential-conflicts-of-interest) 3. [Risks](/legal-notices/risks) 4. [Terms & Conditions](/legal-notices/terms-and-conditions) 5. [Disclaimers](/legal-notices/disclaimers) 6. [FAQs](/legal-notices/faqs) # Warning The Utility Token subject to be issued as described herein: * may lose their value in whole or in part; * may not always be tradable on organized markets; * may not be liquid; or * may not be redeemable for the goods or services described herein, especially in cases of failure or interruption of the project carrying out the issuance. # Potential Conflicts of Interest Any party related to the Issuer, such as majority shareholders, companies controlled by the Issuer or in which the Issuer has an interest, and any other subsidiary of any kind, may maintain or enter into new transactions with other related entities, which may give rise to conflicts of interest. In the event of a conflict of interest between any of the Issuer's affiliates and any other party related to the Issuer, this could result in the suspension of token transactions for reasons unrelated to market forces. However, in the event that a conflict of interest is identified, the issuer's management body will use its best efforts to prioritize the interests of the token holder over any other. # Risks A token carries many implicit risks, some of which we will mention below, but this does not mean that there are no others. These risks may result in the complete loss of tokens, or their value. The token holder assumes and fully understands all the risks involving tokens. In the event that the token loses value or anything else occurs, the token issuer may not, under any circumstances, compensate the token holder in any way. ## Offering and Trading Risks ### Illiquidity Risk It is possible that the token in question may not be listed on any secondary market or that there may be a lack of liquidity in OTC (Over-The-Counter) markets. The company is not responsible for any fluctuations that the token in question may suffer in any type of market, or for the fact that such markets may allow the token to be listed, which may entail illiquidity risks. Even if the token were to be listed on a third-party platform, such platforms may not have sufficient liquidity or even face risks of regulatory or compliance changes, thus being susceptible to failure, fall or manipulation. In addition, to the extent that a third-party platform lists the token in question, granting an exchange value to the token (either in cryptocurrencies or fiat money), such value may suffer volatilities. As a buyer of this type of asset, the user assumes all risks associated with the aforementioned speculation and risks. ## Risks Associated With the Execution of the Project and/or the Issuer ### Forward-Looking Information Risk Certain information contained herein is forward-looking, including financial projections and business growth projections. Such forward-looking information is based on what the Company's management believes to be reasonable assumptions, and there can be no assurance as to the actual results. Future events could differ substantially from those anticipated. ### Unanticipated Risks Cryptographic tokens are a newly created technology that is still in the testing phase. In addition to the risks mentioned above, there are other risks associated with their acquisition, storage, transmission and use, including some that can hardly be anticipated. Such risks may further materialize with unforeseen variations or arising from combinations of the above-mentioned risks. ### Regulatory Risk Blockchain technology allows for new forms of interaction and certain jurisdictions may apply existing regulations or introduce new regulations that address applications based on blockchain technology, which may be contrary to the current configuration of smart contracts and may, among other things, result in substantial modifications to smart contracts, including their termination and the loss of tokens to the buyer. ### Risk of Project Failure or Abandonment The development of the project proposed by the Issuer herein may be impeded and stopped for different reasons, including lack of interest from the market, lack of funding, lack of commercial success or prospects (e.g., caused by competing projects). This token issuance does not guarantee that the objectives set forth herein will be fully or partially developed or that it will bring benefits to the holder of tokens offered by the Issuer. ### Competitive Risk It is possible that other companies may provide services similar to that of the company. The company could compete with these other businesses, which could have a negative impact on the services provided by the company. ## Risks Associated With Tokens and the Technology Used ### High-Risk Product This type of product has high implicit risk. The value of tokens may fluctuate up and down and a buyer may not recover the capital initially used. There may also be changes in taxation and/or possible tax deductions. The aforementioned taxes and tax deductions always refer to those in force and their value will depend on the circumstances of each buyer. Participation in such projects must always be made taking into account all the information provided by the issuer. ### Software Risk The smart contract by which the referred tokens are traded are based on the BnB Blockchain. Any malfunction, crash or abandonment of the BnB Blockchain may cause adverse effects on the operation of the tokens in question. On the other hand, technological advances in general and in cryptography in particular, such as the development of quantum computing, may bring risks that result in the malfunction of the tokens in question. Smart Contracts and the software on which they are based are at an early stage of development. There is no guarantee or way to ensure that the issuance of tokens and their subsequent marketing may be interrupted or subject to any other type of error, remaining an inherent risk of defects, failures and vulnerabilities that may result in the loss of the funds contributed or the tokens obtained. There is a risk of hacker attacks on the technological infrastructure used by the Issuer and on essential networks and technologies. As a result, the Issuer may be partially, temporarily or even permanently prevented from carrying out its business activities. Other computer attacks on the BnB Blockchain, software and/or hardware used by the Issuer could also occur. In addition to hacker attacks, there is a risk that Issuer's employees or third parties may sabotage technological systems, which may result in the failure of the Issuer's hardware and/or software systems. This could also have a negative impact on the Issuer's business activities. ### Risk of Custody / Loss of Private Keys The Issuer's token buyer acknowledges, understands and agrees that in case of loss or theft of the private key or password, the buyer may lose access to the tokens permanently. In addition, any third party with access to the aforementioned private key could misappropriate the tokens contained in the digital wallet in question. Any error or malfunction caused by or related in any way to the digital wallet or token storage system in which the buyer wishes to receive its tokens may also result in a loss of tokens. ### Risk of Theft The concept of Smart Contracts and the software platform on which they operate may be exposed to cyber-attacks or hacks by third parties, whether through malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. Any of these attacks could result in the theft or loss of invested capital or acquired tokens which, in turn, could lead to the non-achievement of the objectives set forth by the Issuer herein. ### Risk of Incompatible Wallet Services The digital wallet service provider or the digital wallet used to receive tokens must comply with the BEP20 token standard to be technically compatible with such tokens. Failure to ensure such compliance may result in the investor not gaining access to their tokens. # Terms & Conditions ## General Description The subscriber acknowledges that, having read and understood all the sections contained in this White Paper, of which he has received a written copy, he wishes to subscribe a certain number of tokens in accordance with the terms established therein. The terms of this White Paper do not constitute and cannot be used for the purposes of an offer or invitation to subscribe, buy or otherwise acquire the **Games for a Living** token by any person in any jurisdiction: * in which such offer or invitation is not authorized; or * where the person making such offer is not qualified to make such offer or invitation; or * to any person to whom it is unlawful to make such an offer or invitation. Subscribers should not interpret the content of these terms as legal, business or tax advice. Each subscriber/buyer should consult their own attorney, business and tax advisor regarding legal, business, tax and related matters relating to this agreement. The content of the **Games for a Living** web pages or any web page linked, directly or indirectly, to the **Games for a Living** website are not part of these terms. Consequently, no purchaser should rely on the information or other data contained in such web pages as a basis for the decision to subscribe the tokens. ## Subscriber Rights and Obligations * To subscribe $GFAL tokens, the user must be verified by the Issuer or, failing that, any platform authorized by the same for the issuance of the tokens. To do this, they must go through the KYC and AML (Know Your Client / Prevention of Money Laundering) process. * The subscriber has full legal capacity, power and authority to execute, deliver and fulfill their obligations under these terms. * The subscriber of the token is obliged to pay the tokens in any of the forms of payment offered by the Issuer. * All token subscribers are required to comply with the rules of conduct and browsing of the Issuer's website, as well as the terms and conditions of the platform. * Every token subscriber is obliged to always act in good faith. * The subscriber makes this subscription in a personal capacity on his own initiative and on his own account, and does not arise from any advisory activity of the Issuer or its staff, likewise does not act as a representative or agent, nor with a view to the distribution of the same or for resale. * The subscriber declares that they have knowledge and experience in financial and business matters in such a way that they are capable of evaluating the risks and advantages of accepting these terms and assuming their rights and obligations under them. Likewise, they are capable of incurring a total loss of said investment without harming their financial situation and are capable of bearing the economic risk of said investment for an indefinite period of time. * Although the subscriber subscribes to everything indicated in this document with the expectation that it may benefit from its functionalities on the Issuer's platform, derived from the efforts of the Issuer and its employees for the development of the Issuer's platform, the subscriber acknowledges and accepts that the development of the Issuer's platform may or may not occur, be subject to uncertainties and certain risks, which may or may not have been set forth in this document, and which may or may not be under the control of the Issuer. * The subscriber may exercise the rights conferred by this White Paper by contacting the following e-mail address: or this phone number: +34 616 67 68 05. GFAL will respond to the request within 15 working days. ## Rights and Obligations of the $GFAL Token Issuer **Games for a Living** (hereinafter referred to as the "Issuer") accepts responsibility for the contents of this document and declares that, to the best of its knowledge and understanding, the information contained in this Document is accurate and true. The Issuer declares that, in preparing this document, it has taken all reasonable precautions to ensure that, to the best of its knowledge, the information contained in the document is correct and does not omit any facts that may affect the statements made in the document. Taking into account that the European Commission has issued a Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on Markets in Crypto-assets, and amending Directive (EU) 2019/1937 intended to regulate, among other issues, the emission of tokens, including the token object of this issuance, the Issuer has chosen, in the absence of any other regulation in this regard and despite the fact that the regulation is not in force as of the last date of update of this document, to follow the criteria and recommendations of said Draft Regulation of this document in the drafting of this White Paper. The Issuer declares that it is a duly incorporated company, validly existing and in good standing under the laws of Spain, and has the power and authority to own, hold and operate its assets and rights under a valid legal title and carry out its business as now conducted. The execution, delivery and fulfillment of this document by the Issuer is within the objectives and powers of the Issuer, and has been duly authorized by all the bodies, shareholders and other stakeholders necessary for it by the Issuer. The White Paper and the present terms constitute a legal, valid and binding obligation of the Issuer, enforceable against it in accordance with its terms, except for the limitations imposed by bankruptcy, insolvency or other laws of general application that refer to or affect the enforcement of the rights of creditors in general and the general principles of equity. The Issuer has obtained all necessary internal corporate approvals in connection with the execution of this document. ## Tax Each Party shall be responsible for all direct and indirect taxes levied by the authorities on such Party. ## Liability Each Party shall be liable for any breach of its obligations under the present terms. ## Invalidity of any Provision If for any reason any clause or provision of these terms is held invalid, this shall not affect the remaining clauses or provisions, which shall remain in full force. ## Prevention of Money Laundering The issuance of virtual assets is subject to Law 10/2010 on the Prevention of Money Laundering and Financing of Terrorism, and operations or transactions with cryptocurrencies are included within the typology of obligated parties under [Article 2, 1. z) of Law 10/2010 of PBC](https://www.boe.es/buscar/act.php?id=BOE-A-2010-6737#a2). The Issuer informs the subscriber that said regulations require, among other obligations, to identify its users in documents, gather information on the nature of their professional or business activity and inform, either at the request of the Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences, either ex officio, of any fact or operation with respect to which there is evidence or certainty that it is related to money laundering. ## Data Protection The processing of personal data for the management of the present terms will be carried out in accordance with [Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016, on the protection of natural persons with regard to the processing of personal data and on the free movement of such data and repealing the (GDPR](https://www.boe.es/buscar/doc.php?id=DOUE-L-2016-80807)), the [Organic Law 3/2018, on Data Protection and Guarantee of Digital Rights (LOPDGDD)](https://www.boe.es/buscar/act.php?id=BOE-A-2018-16673) and other Data Protection regulations. The subscriber acknowledges that the Privacy Policy of the Issuer's website has been accepted prior to the acceptance of these terms. The full Privacy Policy is available at the following link: ## Subscriber Support Service The subscriber has a user service so that they can contact an agent directly at the following address: . ## Applicable Law and Jurisdiction These terms shall be governed and interpreted by Spanish law. In all matters not expressly provided for, by commercial law and in a supplementary manner, by the provisions of the Civil Code. Subscribers submit themselves to the Courts and Tribunals that by the legal system correspond to them for any actions and claims that may arise from these terms, renouncing to this effect to any other jurisdiction that may correspond to them. # Disclaimers ## Notice to Residents of the UE/EEA The token described in the present White Paper is not a guarantee or a financial instrument within the meaning of the Markets in Financial Instruments Directive (MiFID II) of the European Parliament (2014/65/EU), securities or other laws of the member states. The token is not a guarantee of any kind and does not represent any right to vote, manage or share the profits of any entity. The token does not represent the ownership of any physical asset and will not be refundable. ## Notice to Residents of the United States The token offer and sale have not been registered under the U.S. Securities Act of 1933, as amended, or under the securities laws of certain states. The token may not be offered, sold or otherwise transferred, pledged or mortgaged, except to the extent permitted under the Act and applicable state securities laws pursuant to an effective registration statement or a waiver thereof. ## Notice to Residents of Australia No SAFTs, placement document, prospectus, product disclosure statement or other disclosure document has been lodged with the Australian Securities and Investments Commission concerning the offering. The SAFT and any documents used in connection therewith and any related documents do not сonstitute a prospectus, product disclosure statement, or other disclosure documents under the Corporations Act 2001. In Australia, the token may only be offered to "sophisticated investors" or "professional investors" or otherwise in accordance with one or more exemptions contained in the Corporations Act so that it is lawful to offer the token in observance with applicable laws. ## Notice to Residents of the People's Republic of China The rights to the token are not being offered or sold and may not be offered or sold, directly or indirectly, within the People's Republic of China, except as expressly permitted by the laws and regulations of the People's Republic Of China. ## Notice to Residents of Japan The token has not been registered and will not be registered under Japan's securities or financial laws. The potential purchasers of the token agree not to re-transfer or re-assign the token to anyone other than non-residents of Japan except pursuant to a private placement exemption from the registration requirements of, and otherwise in compliance with, the relevant laws and regulations of Japan. ## Notice to Residents of the Russian Federation The SAFT and any related documents are not an offer, or an invitation to make offers, to sell, purchase, exchange or otherwise transfer securities or foreign financial instruments to or for the benefit of any person or entity resident, incorporated, established or having their usual residence in the Russian Federation. The SAFT and any documents used in connection to the token offer are not advertisements in connection with any securities' placement or public circulation as determined by Russian laws. The token is not intended for placement or public circulation in the Russian Federation. Neither the SAFT nor any other document relating here to has been or will be registered with the Central Bank of the Russian Federation. ## Notice to Residents of Switzerland The token may not be publicly offered in Switzerland and will not be listed on the swiss exchanges or on any other stock exchange or regulated trading facility in Switzerland. SAFT and any related documents have been prepared without regard to the disclosure standards for issuance prospectuses under the Swiss Code of Obligations or the disclosure standards for listing prospectuses. Neither SAFT nor any related marketing material may be publicly distributed or otherwise made publicly available in Switzerland. SAFT and any related marketing materials have not been and will not be filed with or approved by any Swiss regulatory authority, mainly including the Swiss Financial Market Supervisory Authority. The token offer has not been authorized under the Swiss Federal Act on Collective Investment Schemes. ## Notice to Residents of the United Kingdom In the United Kingdom, the SAFT is being distributed only to and is directed only at (and any purchase activity to which it relates will be engaged only with) investment professionals (within the meaning of article 19(5) of the Financial Promotion Order (the "FPO"); (ii) persons or entities of a kind described in article 49 of the FPO; (iii) certified sophisticated investors (within the meaning of article 50(1) of the FPO); and (iv) other persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). Persons who are not relevant persons should not take any action in connection with the SAFT or based upon any documents used in connection therewith. It is a condition of the acquisition of the token that the person warrants to be a relevant person. The SAFT and any documents used in connection therewith have not been approved by any regulatory authority in the United Kingdom. ## Notice to Residents of All Jurisdictions No action has been taken to permit the offer, sale, possession or distribution of the token or any related documents in any jurisdiction where action for that purpose is required. You are required to inform yourself about and to observe any restrictions relating to the token offering, the SAFT, and any related documents in your jurisdiction. There is no financial return on subscribing to the token, and you should not subscribe to the token for speculative purposes. The participation in the issuance of the token must not have any expectation of profits, dividends, capital gains, financial performance or any other return, payment or income of any kind. The purchase of the token carries a substantial risk that could lead to a loss. There is no guarantee that the objectives will be achieved or that the tokens will always have or maintain their value within the ecosystem. Any resale of the token must be made per exemptions from the securities requirements and in compliance with the requirements of applicable laws. # FAQs Here you will find some frequently asked questions and their answers to help you understand our ecosystem. How does the GFAL ecosystem work? **Games for a Living** is a video game development company that operates a marketplace where players can buy and sell in-game items using the $GFAL token. These transactions do not guarantee any financial gain for players, and the items are not NFTs, which prevents speculation on open or unregulated platforms. The $GFAL token is classified as a utility token by the Comisión Nacional del Mercado de Valores (CNMV) in Spain. This means its sole function is to enable players to buy or sell in-game items within the GFAL platform, and it is not considered a financial instrument. The token is designed purely for use within the platform, avoiding the speculative activities associated with security tokens. Its issuance complies with EU regulations, specifically Title II of REGULATION (EU) 2023/1114. **Can players of the client's games earn winnings when they play?** No, players do not earn any financial rewards from playing. **Games for a Living** does not develop play-to-earn games, and no benefits are guaranteed. The games are designed purely for entertainment, similar to titles like FIFA (football video game), where players purchase items to enhance their teams. The key difference with Games for a Living is that these purchases can be made between players. However, any $GFAL tokens a player earns through sales are intended to be used solely within the GFAL ecosystem. The company's sole objective is to entertain players through their video games. **Can players exchange or cash-in their purchased tokens for cash?** Our platform does not directly facilitate the conversion of tokens into fiat currency. However, players may use third-party exchanges to cash out their tokens if desired. While these exchanges may offer services for converting tokens into fiat, we have no control or oversight over their operations or processes. To ensure compliance with applicable regulations, Games for a Living has implemented an Internal Manual for the Prevention of Money Laundering and Terrorism Financing. This manual details our procedures for conducting identity verification and establishing thresholds to mitigate the risk of illicit activities. The most recent update was made on July 18, 2024, by our Head of Risk and Compliance, Christophe Canler. We encourage our players to engage with reputable exchanges that comply with legal standards; however, any actions taken by players outside of our platform are beyond our control. # Roadmap Updated on Dec 18th, 2025 ## Q4 2026 *(Tentative)* * [ ] Diamond Jewels: 400+ new levels * [ ] Diamond Jewels: Seasonal themes and Album continuity * [ ] Diamond Jewels: Stable live-ops content cadence * [ ] Diamond Jewels: Seasonal creatives and monetization tuning ## Q3 2026 *(Tentative)* * [ ] Diamond Jewels: Album Season with photo collection mechanics * [ ] Diamond Jewels: 600+ new post-launch levels * [ ] Diamond Jewels: Aggressive UA scaling worldwide * [ ] Diamond Jewels: New rooms and decorations * [ ] Diamond Jewels: Real Jewelry Shop - Further iterations * [ ] Diamond Jewels: Gallery competition * [ ] Diamond Jewels: Win Streaks ⇒ Earn Rewards ⇒ Craft Jewelry * [ ] Marketplace: Item snapshots and visual layout revamp * [ ] Marketplace: Customizations carry over to final mint * [ ] Marketplace: Improvements on the minting process * [x] Website revamp ([www.gfal.com](http://www.gfal.com)) ## Q2 2026 *(Tentative)* * [x] \[Extra] Diamond Jewels: Casino Spin event * [x] \[Extra] Diamond Jewels: Radiant Designs event * [x] \[Extra] Diamond Jewels: Season 8, The Royal Enclosure * [x] \[Extra] Diamond Jewels: More levels 200+ * [x] \[Extra] Diamond Jewels: Win Streak ⇒ Earn (Event) * [x] Diamond Jewels: 600-1000+ new levels and 2 new seasons * [ ] ~~Diamond Jewels: New rooms and decorations~~ (Shifted to Q3) * [x] Diamond Jewels: Final pre-launch optimizations * [ ] ~~Diamond Jewels: Real Jewelry Shop - Further iterations~~ (Shifted to Q3) * [ ] ~~Diamond Jewels: Gallery competition~~ (Shifted to Q3) * [x] Diamond Jewels: Monaco Party and co-op invite events * [x] Diamond Jewels: New event: King of the Hill * [x] Diamond Jewels: Season 7 release with extra Jewelry pieces * [x] Diamond Jewels: New Season-Specific Jewelry Crafting * [ ] ~~Diamond Jewels: Win Streaks ⇒ Earn Rewards ⇒ Craft Jewelry~~ (Shifted to Q3) * [x] Marketplace: Simplified wallet creation flow * [x] Marketplace: Buy and make-offer shortcuts * [ ] ~~Marketplace: Customizations carry over to final mint~~ (Shifted to Q3) * [ ] ~~Marketplace: Improvements on the minting process~~ (Shifted to Q3) * [x] Marketplace: Recommended price formula update ## Q1 2026 *(Tentative)* * [x] Diamond Jewels: 300+ new levels and 3 seasonal themes * [x] Diamond Jewels: Grand Prix and competitive events * [x] Diamond Jewels: Team duels ~~and gallery competition (Gallery Competition Shifted to Q2)~~ * [x] Diamond Jewels: 2x New events: Charity Auction & To the Moon * [x] Diamond Jewels: Performance pass, new art and VFX * [ ] ~~Marketplace: Improvements on the minting process~~ (Shifted to Q2) * [x] Marketplace: Improvements in frictonless login via GFAL ID from in-game * [ ] ~~Marketplace: Recommended price formula update~~ (Shifted to Q2) * [x] Marketplace: Add explanatory tooltips in several sections ## Q4 2025 * [x] Diamond Jewels: New Galleries feature (Shipping on Dec 15th, 2025) * [x] Diamond Jewels: New Team events * [x] Diamond Jewels: New Content * [ ] ~~Diamond Jewels: Real Jewelry Shop Release - Internal tests~~ * [x] Diamond Jewels: UA Campaign Phase III * [x] Marketplace: Look & feel revamp * [x] Marketplace: Sign up/login Funnel improvements * [x] Marketplace: New ways to sign up/login in the marketplace. * [x] Elemental Raiders: New Balance (Shipping on Jan 12th, 2026) * [x] Elemental Raiders: New Heroes * [x] Dead Zombie: UA for Retention ## Q3 2025 * [ ] ~~$GFAL Campaign: Community Collaboration II (*subject to market sentiment*)~~ * [x] $GFAL Marketing: Influencers Phase III (*subject to market sentiment*) * [x] Diamond Jewels: UA Campaign Phase II * [x] Diamond Jewels: Real Jewelry Shop Concept * [x] Diamond Jewels: Major Brand Partnership I * [ ] ~~Elemental Raiders: Downloadable APK~~ * [ ] ~~Elemental Raiders: Brainstorming for future Board Mechanic Changes~~ * [ ] ~~Dead Zombie: Web3 integration (*subject to metrics*)~~ ## Q2 2025 * [x] Influencer Program (affiliate program) * [x] Proof of Luxe: The Triad Drop * [x] $GFAL Marketing: Influencers Phase II (*subject to metrics*) * [x] Diamond Jewels: Philippines release. * [x] Diamond Jewels: Partnership Announcement * [ ] ~~Diamond~~ Jewels\~\~: Full Release (*subject to metrics*)\~\~ * [x] Diamond Jewels: UA Campaign Phase I * [ ] ~~Diamond~~ Jewels\~\~: First Live Events (*subject to Full Release*)\~\~ * [x] Elemental Raiders: Battle Pass Revamp: Deflation * [ ] ~~Dead Zombie: GFAL ID Integration (*subject to metrics*)~~ * [x] Marketplace: Social Features ## Q1 2025 * [ ] ~~$GFAL Marketing: Influencers Phase I~~ (*subject to market sentiment*) * [ ] ~~$GFAL Campaign: Community Collaboration I~~ (*subject to market sentiment*) * [x] Diamond Jewels: Sneak Peek Trailer * [x] Diamond Jewels: Beta Launch * [x] Dead Zombie: UA Campaign * [x] Dead Zombie: Refinements & LTV Improvements * [x] Jump Pump: Iteration Loops * [x] Marketplace: Look & Feel Revamp ## Q4 2024 * [x] Elemental Raiders: Battle Pass * [x] Diamond Jewels: Full Game Revamp * [x] Dead Zombie: New Art & Visual Update * [x] Marketplace: New Features & Improvements * [x] GFAL Expansion: UAE Subsidiaries ## Q3 2024 * [x] Elemental Raiders: In-Game Minting * [x] Elemental Raiders: Alpha on PS5 * [x] GFAL Marketplace: QOL Improvements * [x] Jump Pump: Alpha ## Q2 2024 * [x] Elemental Raiders: Mobile Full Release * [x] Dead Zombie: Beta * [x] GFAL Marketplace: Trading Collectibles ## Q1 2024 * [x] Elemental Raiders: Hero Evolution * [x] Elemental Raiders: Monthly Seasonal Arena * [x] Diamond Jewels: First Playable Version * [x] Jump Pump: First Playable Version * [x] Dead Zombie: Reveal * [x] GFAL Launcher: Optimization * [x] Exchange Listing: Bitrue ## Q4 2023 * [x] Elemental Raiders: DreamHack Valencia Finals * [x] Diamond Jewels: Prototype * [x] Jump Pump: Prototype * [x] GFAL Marketplace: Beta * [x] Exchange Listings: BingX & Bit2Me Pro ## Q3 2023 * [x] Elemental Raiders: Soft Launch on Mobile (iOS) * [x] Elemental Raiders: Marketplace Beta * [x] Jump Pump: Pre-Alpha * [x] Diamond Jewels: Prototype ## Q2 2023 * [x] Elemental Raiders - Season 1 * [x] Events - bxCat 2023 * [x] Events: Gamergy Argentina * [x] Elemental Raiders: Soft Launch on Mobile (Android) * [x] Games for a Living: GFAL ID * [x] Games for a Living - Marketplace Alpha ## Q1 2023 * [x] Games for a Living Portal Beta * [x] ICO - Pre-Sale - via Launchpads * [x] ICO - $GFAL TGE * [x] Elemental Raiders - Samsung Launch * [x] Games for a Living - Marketplace Alpha ## Q4 2022 * [x] Elemental Raiders - F2P PC Launch on gfal.com * [x] Elemental Raiders - F2P PC Launch on Elixir * [x] Elemental Raiders - F2P PC/Mac Launch on Steam * [x] Games for a Living Launcher ## Q3 2022 * [x] Elemental Raiders Open Beta * [x] Game Services Alpha * [x] Events - ETH Barcelona * [x] Guilds Partnerships Announcements * [x] Diamond Jewels Kick-off * [x] Elemental Raiders - "Mobile" Pre-Alpha ## Q2 2022 * [x] Asset custody agreements with third parties * [x] Elemental Raiders - Whitepaper * [x] Marketing Campaign Launch - Social Networks * [x] Events - "Games for a Living Blockchain gaming demo day" (Online) * [x] Events - "Blockchain and NFT, the videogame revolution" (In-person) * [x] Events - NFT Drop at OpenSea.io * [x] Events - Relevant media interviews (newspapers, specialized radios, online magazines, etc.) * [x] Team expansion (Finances, Marketing, Art, web3 development) * [x] Events - bxCat * [x] Events - Relevant media interviews * [x] Events - Games for a Living at "Disseny Hub" for DeviCAT * [x] Elemental Raiders Beta * [x] Lightpaper * [x] Events - Consensus 2022 @Austin, Texas * [x] Events - Fòrum Andorra Business Market * [x] Website NFT Landing page ## Q1 2022 * [x] Games for a Living & Elemental Raiders Websites * [x] Developer Team expansion * [x] $GFAL Token Implementation * [x] Whitepaper * [x] Tokenomics * [x] ICO - Phase 1 - Private Sale * [x] Elemental Raiders Alpha * [x] Crypto-friendly Bank accounts opening * [x] Close KYC/AML processes agreements * [x] Events - Binance Blockchain Week @Dubai ## Q4 2021 * [x] Whitepaper Draft * [x] Games for a Living & Elemental Raiders Websites Draft * [x] Social Networks (Discord, Twitter, Youtube, Instagram, Facebook) * [x] Elemental Raiders Pre-Alpha ## Q3 2021 * [x] Core Team assembly * [x] Elemental Raiders Kick-off * [x] Development Team assembly * [x] Company Incorporation * [x] Elemental Raiders Prototype * [x] 2021-2022 Roadmap **Note**: Please be aware that our roadmaps are always tentative and reflect our company's current scope and goals. As a videogame development and publishing studio at the forefront of emerging technologies, we embrace flexibility and adaptability in our planning, please bear with us. While we strive to achieve all the listed milestones, we want our community to understand that not every element of the roadmap is set in stone. Circumstances, technology advancements, and creative directions may lead to changes. We appreciate your support and understanding as we navigate this exciting and ever-evolving journey in the gaming world.