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Tokenomics
Tales of Ragnarok Token ($TOR) is a governance and in-game resource token. The token will be use as a incentives for Play to Earn players and Game economic utility usage like spend to upgrade god, recharge power and more things to come.
$TOR also designed to be governance token that will lead the game to be community-driven and revenue distribute to holders and let's the community decide the future of a game.
$TOR is a BEP-20 token for the Tales of Ragnarok. $TOR holders will be able to stake tokens and earn multiple benefits from the revenue sharing to in-game utility.
Our goal with $TOR is to distribute the incentives between the players and the ecosystem to grow exponentially together. We design the use-cases for $TOR for long-term value and balance demand and supply by the chart below.
Tales of Ragnarok Token ($TOR) total supply is set to 1,000,000,000 tokens. Token allocations are determined by the team's brainstorming and idea for the most effective ecosystem and can be subject to change based on the situation and future governance decisions.
Allocation | Token Amount | % | Release Schedule |
|---|---|---|---|
Play to Earn and Staking | 345,000,000 | 34.5% | Linearly over 36 months |
Community and Marketing | 105,000,000 | 10.5% | 5% TGE, linearly over 24 months, Hold by Timelock 24 hours |
Ecosystem Fund | 200,000,000 | 20% | Linearly over 24 months, Hold by Timelock 24 hours |
Team | 100,000,000 | 10% | 6 months cliff, linearly over 30 months |
Advisor and Partner | 35,000,000 | 3.5% | 6 months cliff, linearly over 30 months |
Angel Sale | 20,000,000 | 2% | 5% TGE (First 3 days), 2 months cliff, linearly over 12 months |
Private Sale | 125,000,000 | 12.5% | 10% TGE (First 3 days), 1 months cliff, linearly over 10 months |
Public IDO | 55,000,000 | 5.5% | 15% TGE, linearly over 4 months |
DEX Liquidity | 15,000,000 | 1.5% | Hold by Timelock 24 Hours |
Total | 1,000,000,000 | 100% | |
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Last modified 1yr ago