With $GAME launched, let's talk tokenomics!
Read on to learn more about GAME, why you would need it, and the design to ensure the sustainability of the game's economy for years to come.
About $GAME
$GAME is at the core of our web3 strategy to revolutionize fantasy sports, launched in collaboration with @Sportsology_io. It exists as a token on Arbitrum, powering our GameOn Live Fantasy app which drives an enhanced in-game experience for the next-gen fantasy sports gaming ecosystem we’re building.
Why You Need $GAME
Here are some of the key use cases you can expect in the coming months when the GameOn App is launched for La Liga’s new season:
- Buy playable avatars (player packs) and cosmetics/gear - using these avatars will help boost points earned from matches, enabling you to climb divisions and earn better rewards!
- Purchasing CREDITs (in-game off-chain currency) - these credits are crucial to the experience, allowing you to level up your avatars, buy boosts to increase points earned from your selected players, merge avatars and many more in-app features.
- Vote & Have Your Say - contribute to the direction of new products, sports, games, features etc. Be a true part of the web3 fantasy sports ecosystem we’re building.
- Redeem for merch, match tickets, and exclusive VIP experiences you simply can’t get anywhere else!
Check out the latest sneak peek of the GameOn Live Fantasy App by clicking here.
ALLOCATIONS & UNLOCK SCHEDULE
🟪Total supply: 100,000,000
The $GAME tokenomics have been carefully thought out to create a balanced and sustainable long-term game economy.
🟪Initial Circulating Supply: 14,050,000 (15%)
The majority of the initial circulating supply is allocated for liquidity (7,500,000). This is immediately unlocked at TGE. Market makers will use this $GAME to facilitate efficient trading on centralized and decentralized exchanges. This will enable players to purchase the token that fuels GameOn's Live Fantasy Sports game, launching in the coming months.
6,500,000 $GAME are to be available at TGE across Rewards, Marketing, GameOn Treasury and the Incubator program. These will not be used in the immediate future. They will play more of a role as the game is launched.It is important to also note that Sportsology have no investors in the token - just equity investors. Pre-Launch Advisors include a variety of individuals and entities that have supported us on the road to TGE. They have no tokens available at TGE - their allocation undergoes a 6-month cliff followed by a 36-month linear unlock period.
Furthermore, the team's allocation is to test the live app as LALIGA and future sports and leagues are launched. Therefore, this category has a 12-month cliff followed by a 36-month linear unlock period.
🟪Distributed Initial Market Cap: $175,000 (350,000 tokens at $0.50)
This is the distributed initial market cap - ie what people have available and liquid to sell on the market. At launch, this will only include KOLs' initial unlock and tokens used for marketing in collaboration with exchange partners. It demonstrates there isn't much supply available from the general market.
Where To Buy $GAME
$GAME is available to purchase at 3 exchanges on launch, paired with USDT:
