BATBET TOKENOMICS

1. Total Token Supply

The total number of tokens is 1,000,000,000 (one billion) tokens. These tokens will be distributed among several categories, ensuring a balance between accessibility for users and control by the team and the community.

2. Token Distribution

The tokens will be distributed as follows:

  • NFT Genesis Mint (20%): 200,000,000 tokens

    These tokens will be sold through the Genesis NFT mint, raising funds in the early stages of the project and creating liquidity for users.

  • Rewards for Active Users (13%): 130,000,000 tokens

    These tokens will be used to reward active platform users for participating in bets, lotteries, case openings, and other activities.

  • Team (15%): 150,000,000 tokens

    These tokens will be allocated to the project team, including developers, key participants, and partners. These tokens will be subject to a 4-year vesting period with a 1-year cliff.

  • Marketing (17%): 170,000,000 tokens

    These tokens will be used for marketing activities, including advertising campaigns, collaborations with influencers, sponsorship contracts with esports teams, and other initiatives aimed at attracting new users.

  • Liquidity (15%): 150,000,000 tokens

    These tokens will be used to ensure platform liquidity, allowing users to exchange tokens for cryptocurrency and participate in betting and in-game activities.

  • Seed Round (Early Investors) (10%): 100,000,000 tokens

    These tokens will be offered to early investors who support the project at its launch. The terms of the Seed Round may include a short vesting period (e.g., 6 months).

  • Treasury (Reserve) (5%): 50,000,000 tokens

    These tokens will be kept in reserve to fund future development, manage risks, and cover unforeseen project expenses.

  • Research and Development (5%): 50,000,000 tokens

    These tokens will be allocated to fund scientific research, innovative technologies, and other strategic initiatives aimed at improving and developing the platform.

3. Role of Tokens in the Ecosystem

Tokens in the ecosystem will serve several key functions:

Utility Role of Tokens:

  • Betting: Tokens will be used for betting on esports events, which will be the primary activity on the platform.

  • In-Game Items: Tokens will be used to purchase in-game assets such as Steam items, loot boxes, and to participate in raffles.

  • Lotteries and Bonuses: Tokens will be awarded as bonuses for participation in lotteries, promotions, and other events on the platform.

Rewards:

  • Active Users: Tokens will be distributed to users for participating in bets, lotteries, case openings, and other activities on the platform.

  • Early Users: Tokens allocated for early rewards will incentivize the onboarding of users at the project's launch.

Voting (Governance):

  • Project Management: Users will be able to vote on changes to the betting mechanism, new partners, or changes in platform policies.

  • Introduction of New Features: Voting will involve the selection of new features and improvements for the platform.

Staking:

  • Tokens can be used for staking, allowing users to earn passive income and participate in ensuring the platform's liquidity.

Liquidity:

  • Tokens will be used to provide liquidity within the platform, helping stabilize the economy and provide access to betting and in-game assets. They may also be used for exchange on external markets.

4. Vesting Models

Tokens for the team and investors will be subject to vesting to ensure long-term motivation and project stability:

  • NFT Genesis Mint (20%): 200,000,000 tokens

    These tokens will be fully unlocked at the time of the Token Generation Event (TGE), with no vesting. This means the entire amount of 200,000,000 tokens will be available immediately after the Genesis NFT mint and the TGE. Users will be able to use or exchange these tokens right away.

  • Team (15%): 150,000,000 tokens

    Tokens will be subject to a 4-year vesting period with a 1-year cliff (tokens begin to unlock one year after the TGE). After the first year, the unlock will occur linearly.

  • Marketing (17%): 170,000,000 tokens

    These tokens will be used for marketing activities and attracting users. The vesting period will be 2 years, with quarterly distribution periods.

  • Liquidity (15%): 150,000,000 tokens

    Tokens will be used as needed to ensure liquidity. They may be locked for specific timeframes to maintain ecosystem stability. Liquidity will be provided depending on platform needs.

  • Treasury (Reserve) (5%): 50,000,000 tokens

    These tokens will be kept in reserve for funding future development and managing risks. Access to them will be provided as needed for the platform's financial needs.

  • Seed Round (10%): 100,000,000 tokens

    These tokens will be offered to early investors who support the project at its launch. The terms of the Seed Round will be determined separately, including vesting periods that may be individual for each investor but no less than one year after the TGE begins.

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