Gold Fever Tokenomics explained
With the launch of the $NGL token’s Strong Holder Offering(SHO) on Dao Maker getting closer, our team is gathering all efforts to deliver the perfect merging experience and mitigate all possible flaws before going public.
Below you will understand our initial market capitalization, as well as the total supply and how we have decided to allocate them to achieve a model that incentivizes fast-paced and sustainable growth for the Gold Fever community.
Here at Gold Fever, we care about our community. So we want our users to know more about the project, game, and tokens to make an informed decision when it comes to the token generation event. For detailed information about our tokens, you can check our last article here.
$NGL Token Metrics:
The following $NGL tokenomic summary describes both the issuance of the token itself (supply, estimated market capitalization, initial circulation, etc.) and the public sale stages along with the vesting schedule for the private presale:
- Token name: $NGL
- Total Supply: 85,000,000.00
- Seed Round: 6.65%
- Private Rounds: 14.5%
- Liquidity: 10%
- Ecosystem Incentives: 43.85%
- Team: 15%
- Partners and Advisors: 5%
- Marketing: 5%
- Seed Round: $282,625.00 @ 0.05$ per $NGL
- Private Rounds: $1,232,500.00 @ 0.1$ per $NGL
- Private Rounds: 20% unlock upon Exchange Listing. Six-month cliff and 20% unlock every three months thereafter.
- Liquidity: 30% unlock upon Exchange listing, seven-month cliff, 4% unlock every month thereafter.
- Ecosystem Incentives: 4 month cliff after listing, 2% unlock every month for the first year, 5% month thereafter.
- Team: nine-month cliff after listing, 10% unlock, followed by a six-month cliff with 15% unlock, and 15% every two months thereafter.
- Partners and Advisors: nine-month cliff after listing, 10% unlock, followed by a six-month cliff with 20% unlock, and 20% every two months thereafter.
- Marketing: 1% after listing, a six-month cliff with 3% unlock, 3%unlock every two months, thereafter.
About Gold Fever
Gold Fever is a challenging free-to-play RPG that leverages the power of the blockchain with the creation of a decentralized economy.
Gold Fever, in its essence, is a thrilling and addictive online multiplayer video game, mirroring the physical world into the digital one and allowing players to take actual ownership of scarce in-game items through Non-Fungible Tokens (NFTs)
The Gold Fever economy is a junction of many moving parts that are dynamically adjusted. in Gold Fever, all participants have a seat at the table. Being able to vote and to dictate the future of the game through the governance token. Used for proposals on how to improve/evolve this digital world economy.