Tokenomics
The Cripteracy (LITY) token is a ERC-20 token standard on SYS Smart Chain.
The contract address is 0x213E05477FA3c0f92Ee27C5078D32C74cD3a4837 on ROLLUX Explorer with a total and maximum supply of 10,000,000 LITY.
There is one main holder and that is the company cold wallet - 0x34CfbB3a3533De9D2574cBfd8e8aeE1119273233.
There is another company cold wallet for the NFT collection sale - 0x72626707f2148124Cea8A7529fbc6e9e7BC2801e.
Supply, Burn, and Mint
There is no mint and no burn. The initial and maximum supply of 10,000,000 LITY (10 Million LITY).
IDO
50% of the supply (5,000,000 LITY) is dedicated to the IDO sale. The price of each LITY token will be sold at a lower price in the IDO sale (estimate: 0.4 SYS [Rollux], approx.: 0.034$ per token at the moment).
The sale will take as many days as it needs to reach the funding of 170 000$ for all the resources it will need (check the roadmap). If we don't reach the goal in 1 month after the sale starts we will return all your SYS and start the sale again.
On the DEX (secondary market), each LITY token will be listed for a higher price after the IDO is sold out. However:
There will be a cliff of 1-month and 5-month vesting. This means you will start to receive the tokens 1-month after the IDO and then you will get 20% every month. In 6-month you'll have 100% of the tokens you bought.
Distribution
50% of IDO sales will be added to the liquidity pool (max. add: 85 000$ plus other sales)
10% of the maximum supply will be locked
1.5% will be distributed to players as knowledge rewards
20% of IDO sales for marketing purposes
15% of IDO sales for the social media and community manager
5% of IDO sales for the "Lucrar" project
There is a maximum of 2,500,000 LITY tokens (25% of the maximum supply) that can be dedicated to the DEX liquidity pool.
50% of the IDO token sales (max. 85 000$) will be to the DEX liquidity pool (and other exchanges that the project might apply).
10% of the total supply and 10% IDO token sales will be locked to increase the value.
4% of the total supply will be to distribute player rewards, distributed every month for 3 years.
20% of the IDO token sales will be withdrawn and converted to FIAT for marketing expenses.
15% of the IDO token sales will be withdrawn and converted to FIAT for hiring a social media and community manager. Plus, 50% of the game profits from selling NFTs will be paid to the hired expert.
5% of the IDO token sales will be withdrawn and converted to FIAT for the "Lucrar" project. Plus, the other 50% of the game profits from selling NFTs will be distributed to the Lucrar project.
50% of the Lucrar project will be distributed: 30% to LCR token, 10% to the founder (one), 8% to developers (two), and 2% to designers (two).
NOTE: The 3 years' time is the motivation coefficient to keep building during that time and beyond.
Staking
10% of the total supply will be for staking purposes, on a 5% token reward per year.
Airdrop
If you do the math, is missing 1% (100,000 LITY) of the total supply. Yes, is for the airdrop on the game release date.
If you want to participate be sure to follow us on Twitter and follow the instructions on Cripteracy.com.
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