Tokenomics
The main currency in the Sugarverse will be CNDY. It will be a utility token used throughout the Sugarverse. A single token serves the greatest long-term interest of our community and will be used by gamers, developers, publishers allowing them to participate in the multiverse.
Claim CNDY token
CNDY token will be connected with the in-game currency gCNDY. Players can claim CNDY token from gCNDY earned in the games using a floating exchange rate. First CNDY claiming requires the player’s account to have been created for at least 10 days. After that, players can claim once every 24 hours. A 1% fee based on CNDY claimed will be charged in gCNDY.
Token ticker: CNDY
Total supply: 6 000 000 000 CNDY
Initial Circulating Supply: 181 000 000 CNDY
- Team. These tokens are allocated to founding and non-founding members of Sugarverse.
- Partners and advisors. These tokens are allocated to our most valuable partners and advisors.
- Dev/Game design. Games development.
- Community and marketing. These tokens will be used for various ecosystem-building initiatives, including marketing, bounties, incentive programs and more.
- Liquidity. These tokens will be used for adding liquidity on exchanges/marketplace.
- Angel, Seed, Private and Public sale. These tokens will be reserved for the different tiers of the sale.
- Gameplay. These tokens will be used to incentivize those players who earn tokens by participating in activities in the game. This design is to encourage user participation and to maintain traction.
| Party | Percentage | Total tokens | Vesting |
|---|---|---|---|
| Team | 16.67% | 1 000 000 000 | 1 year locked, rest vesting next 12 months |
| Partners & Advisors | 5% | 300 000 000 | 1 year locked, rest vested next 12 months |
| Dev & Game Design | 5% | 300 000 000 | 1 year locked, rest vesting next 48 months |
| Community and Marketing | 5% | 300 000 000 | Vesting next 48 months |
| Liquidity | 8.33% | 500 000 000 | 25% TGE rest vesting 12 months |
| Angel | 2.60% | 156 000 000 | 10% TGE, cliff 6 months, vesting period 12 months |
| Seed | 10.33% | 620 000 000 | 10% TGE, cliff 6 months, vesting period 12 months |
| Private | 20.83% | 1 250 000 000 | 15% TGE, cliff 6 months, vesting period 12 months |
| Public | 4.67% | 280 000 000 | 20% TGE, cliff 3 months, vesting period 6 months |
| Gameplay | 21.57% | 1 294 000 000 | Vesting next 48 months |
| Total | 100% | 6 000 000 000 |
