In today's digital economy, the concept of tokenization is gaining more and more attention. As an ERC-20 token, the SHRAP token will be issued on the Avalanche blockchain, and 3 billion SHRAP tokens will be created at the Token Genesis Event (TGE), which is its total supply and will be Will not increase. This article will delve into the distribution of the SHRAP token, its incentive mechanism, and its importance in the gaming ecosystem.
Token Distribution: SHRAP token distribution strategy is one of the keys to its success. According to official information, the distribution ratio of SHRAP tokens is as follows:
Community reward: 33%
Team and consultants: 27%
Ecosystem Fund: 8.5%
Market making and liquidity: 3%
Public allocation: 1.5%
Strategic token holders: 7%
Seed token holders: 20%
This allocation method not only ensures a sense of community participation, but also motivates teams and consultants to continue to promote the development of the project.
Incentive mechanism
SHRAP encourages the community to find, curate, and promote the best player-created virtual items and maps through a two-tier incentive program. Everyone can promote on any map or virtual item and receive rewards based on the performance of the NFT. This process can be divided into two main parts:
Curation: In the curation stage, content is available for promotion, and the best content will be regularly promoted to the competition level. This not only increases the visibility of content, but also provides creators with more exposure opportunities.
Competition Tier In the competition tier, content competes with other content based on its performance. Those who contribute contest-level content through promotion will be rewarded based on their performance and the volume and timing of their contributions.
Map rewards
SHRAP's map framework contains two types of nodes: Arena and Podium. The main goal of the map owner is to push his map to the center of the podium. Within the Arena, owners and planners can promote maps to attract players and promoters. As the map gains players and SHRAPs, the map will increase in size and move towards the podium.
Map Progress: Within the Arena, the success of promotional activities will directly affect map progress. Every time a map gets more players and SHRAPs, it increases its status in the ecosystem, attracting more participants.
Virtual item rewards
Community members who use SHRAP to promote virtual item NFTs will be rewarded based on their price and transaction volume performance. This mechanism not only motivates players to participate, but also promotes the healthy development of the entire ecosystem.
Mission Rewards: All players have the opportunity to participate in goal-oriented missions and earn SHRAP rewards over a regular period of time. These tasks not only enhance the interactivity of the game, but also provide additional rewards to encourage players to actively participate.
in conclusion
The design of SHRAP tokens fully considers the needs and participation of the community, and creates a fair and competitive environment for players through reasonable token distribution and incentive mechanisms. With the launch of the SHRAP token, expect it to play an important role in the gaming ecosystem and bring about a richer player experience.
Through these mechanisms, SHRAP is not only a token, but also a community-driven ecosystem that provides multiple values to players, creators, and investors. How SHRAP will develop in the future is worth looking forward to.