Tokenomics
Last updated
Last updated
Our tokenomics is designed with a groundbreaking approach that puts our community first with the world’s first play-to-own tokenomics model. Dive in to learn more.
The Unique Mint-and-Burn Mechanism
At the heart of our tokenomics is the novel and innovative mint-and-burn system that sets ALLiN GAMING apart from other gaming platforms.
Here's how it works: Players wager on games with the $ALLIN token. When players win, the winning amount of $ALLIN tokens is freshly minted and distributed to winners. When players lose, their wagered $ALLIN tokens are burnt.
The beauty of this mechanism lies in its simplicity and fairness. Given that most players tend to lose more often than win, the burn rate will typically exceed the mint rate. This means the total supply of $ALLIN tokens will gradually decrease over time, potentially increasing the value of remaining tokens for long-term holders.
Any-token gameplay
Our unique tokenomics model is supplemented by a model for any-token gameplay that eliminates the barriers to onboarding new players by enabling them to wager with any popular tokens they already hold. Here’s how that works-
Players can wager on games with any popular token they already have
The wagered tokens are held in a contract until the outcome of the game is determined
For winning wagers, newly minted $ALLIN tokens are swapped to the player’s wagered tokens and distributed to the winners
For losing wager, the players wagered tokens are released from the contract and swapped into $ALLIN tokens, which are then subsequently burned.
Any-token gameplay will be enabled after the $ALLIN token launch and will ensure a smooth onboarding for new players onto the platform.
Token Allocation: Community-first
We're committed to our community, which is reflected in our token allocation strategy. An impressive 70% of our total 1,000,000,000 $ALLIN tokens are dedicated to our players and supporters through airdrop, rewards and token sale. Let's break down the allocation:
Airdrop (20% - 200,000,000 Tokens)
Early Bird, Early Token! Our earliest supporters are in for a huge treat. A massive 20% of our token supply is reserved for those who jump in early and start playing.
-For all the loyal DYM stakers, a generous 3% of the tokens are set aside to reward your dedication.
-For the rest of the early adopters, Dive into our platform, play actively, and earn points. The top point earners will share a 17% slice of the pie.
Rewards (40% - 400,000,000 Tokens)
The largest portion of our token supply is reserved for player rewards, and we're bringing the most novel approach to distribute this significant chunk of tokens. As users level up and earn points, they'll receive $ALLIN tokens. This gamified approach ensures continuous engagement and provides tangible value for players' time and skills. Stay tuned for further updates on our groundbreaking token distribution strategy.
Team (10% - 100,000,000 Tokens)
Our team's allocation comes with a strategic vesting schedule. After a 1-year cliff, tokens will be released linearly over two years. This approach ensures team alignment with the long-term success of the platform.
Foundation (15% - 150,000,000 Tokens)
Platform development and operations are crucial. We've set aside 15% of tokens, to be unlocked quarterly over three years. This will support strategic partnerships, platform improvements, and ongoing operational needs.
Public Sale (10% - 100,000,000 Tokens)
Early supporters will have the chance to access the token early through a public sale. More details about the sale will be released later.
Liquidity Reserve (5% - 50,000,000 Tokens)
A smaller but important allocation is reserved for creating liquidity pools on decentralized exchanges, ensuring smooth token trading from the get-go