TOKENOMICS
Last updated
Last updated
Galactic Council: 16% (24 million tokens) The Galactic Council will be allocated 16% of the token supply, amounting to 24 million tokens. These tokens will be held by the Council to support governance, decision-making processes, and the overall management of the Galacticverse ecosystem.
Staking for Public Sale: 25% (37.5 million tokens) A significant portion of the token supply, equivalent to 25%, will be allocated for public sale through a staking mechanism. This allows users to stake their tokens and participate in the growth and development of the Galacticverse ecosystem. The total number of tokens available for staking in the Public Sale will be 37.5 million.
Ecosystem Fund: 12% (18 million tokens) The Ecosystem Fund will receive 12% of the tokens, which amounts to 18 million tokens. These tokens will be used to fuel the development, expansion, and sustainability of the Galacticverse ecosystem. The Ecosystem Fund will support initiatives, partnerships, and projects that enhance the overall ecosystem experience.
Play-to-Earn: 25% (37.5 million tokens) A significant portion of the token supply, equivalent to 25%, will be dedicated to the Play-to-Earn mechanism. Users will have the opportunity to earn tokens by actively participating in various in-game activities, achievements, and challenges within the Galacticverse universe. This engagement will allow players to generate income and derive value from their gameplay.
Airdrop: 5% (7.5 million tokens) Within the Play-to-Earn segment, 5% of the tokens, which is 7.5 million tokens, will be set aside for a airdrop. This airdrop is designed to reward and incentivize users who actively support the Galacticverse ecosystem. Tokens will be distributed to all wallets that participate in the Holders.
Private Sale: 5% (7.5 million tokens) Additionally, 5% of the tokens, equivalent to 7.5 million tokens, will be reserved for a private sale. This private sale provides an opportunity for early contributors, strategic partners, and investors to acquire tokens and be part of the Galacticverse ecosystem.
Discord: 2% (3 million tokens) To foster a strong connection between the virtual and real-world economies, 2% of the tokens, which is 3 million tokens, will be allocated to the Discord platform. Discord users will be able to convert the coins they earn within the Discord server into real tokens. This integration ensures the active participation and inclusion of the Discord community in the broader Galacticverse economy.
Staking Phases: The staking process in the Galacticverse ecosystem will occur in three distinct phases. In total, 37.5 million tokens will be available for staking, distributed across these stages:
First Staking Phase: In this initial stage, 17.5 million tokens will be open to all users for staking. Participants can stake their tokens to earn rewards and actively contribute to the ecosystem.
Second Staking Phase: The second phase involves the availability of 10 million tokens for staking. Users will have the opportunity to stake their tokens and benefit from the associated rewards.
Third Staking Phase: The final staking phase will make 10 million tokens available for staking. Once this phase concludes, no further staking will be possible.
First Staking Phase: To mitigate inflationary pressures, 6 million tokens will be burned.
Second Staking Phase: After the completion of the second staking phase, 5 million tokens will undergo burning.
Third Staking Phase: The third staking phase will witness the burning of 4 million tokens, further ensuring a controlled token supply.
Ecosystem Fund Utilization: The Ecosystem Fund, comprising 18 million tokens, plays a pivotal role in driving the growth and sustainability of the Galacticverse ecosystem. To prevent potential inflationary risks, 15 million tokens from the fund will be allocated for burning. Additionally, a reserve of 3 million tokens will be held to address any unforeseen inflationary circumstances that may arise, ensuring the long-term stability and equilibrium of the ecosystem.