🪙Tokenomics
CryptoAliens aims to be the premier ecosystem that merges the excitement of gaming with the value of digital collectibles, creating a universe of digital creatures. CryptoAliens will leverage NFT-based gameplay integrated with a blockchain-based decentralized financial system, making the game not only entertaining but also an investment opportunity.
Why BNB?
The dual-chain architecture of BSC enables users to develop and build their decentralized apps (dApps) and digital assets on a single blockchain, a key feature that CryptoAliens development targets. BSC's compatibility with EVM and support for popular DeFi wallets like MetaMask, along with pre-integrated pricing oracles, facilitates easy token listing on major exchanges and offers significantly lower gas fees compared to Ethereum, enhancing user interaction through BSC.
The Product
CryptoAliens products are NFTs or Tokenized digital creatures. These digital, collectible creatures are built on the Binance Smart Chain and can be bought and sold using CryptoAliens , the official cryptocurrency token of the game. They possess unique traits, belong to various tribes, and have different levels, allowing for growth and training to fight monsters.
Tokenomics Overview
Utility
CryptoAliens tokens are utility tokens with real value, used for all transactions within the CryptoAliens universe. They support permissionless transfers and non-KYC transactions, ensuring fast, secure, and nearly instant transactions without third-party approval.
Revenue Streams
Include in-game purchases (such as character enhancements, travel, crafting, cosmetics, items, and weapons) and exchange fees from the in-game marketplace.
Vault Distribution
A vault system where in-game purchase fees and other revenues in BNB are periodically used to buy back CryptoAliens tokens from the market, which are then distributed to staked token holders.
In-game Yield
A portion of the game's yield will be distributed for tournament battles, quests, and daily challenges, incentivizing gameplay and allowing players to earn rewards.
Locked Tokens
The Liquidity Pool (LP) is 100% locked for one year, and all team tokens are locked in a vesting schedule, which can be tracked in the "VESTING" section.
Special Mechanisms
To ensure the long-term sustainability of CryptoAliens tokenomics and limit inflation, special mechanisms have been implemented. These mechanisms are designed to balance the game's economy, rewarding player engagement and investment in the ecosystem while fostering community growth.
Fees Structure
The CryptoAliens project employs a fee structure designed for long-term sustainability and growth. All collected fees are allocated towards marketing and development efforts to enhance the project reach and capabilities.
Purchase Fee: A 1% fee is applied to all CryptoAliens token purchases. This fee is directly invested in marketing strategies to increase project visibility and to support continuous development and feature enhancements.
Sale Fee: A 3% fee is charged on all CryptoAliens token sales. This higher fee for sales aims to promote long-term holding among investors and to discourage short-term speculation. Funds from this fee are crucial for financing ongoing development projects and strategic marketing initiatives, ensuring $CryptoAliens competitive edge and relevance in the market.
This fee model is meticulously designed to balance growth objectives with financial sustainability, ensuring necessary resources for continuous innovation and community engagement.
Can the Supply Increase?
Initially, 300,000,000 CryptoAliens tokens are minted. As these initial tokens are allocated towards rewards for activities such as Play To Earn, Farming, and NFT Farming within the CryptoAliens Universe, there is a structured plan for the token supply to potentially increase. This is to ensure a constant flow of rewards and maintain the vibrancy of the CryptoAliens ecosystem. To facilitate this planned expansion, a specialized pool has been created. However, it's projected that this pool may be depleted within up to 3 years.
To preemptively address this scenario and safeguard the project's enduring vitality, a secondary mechanism has been activated. This mechanism is poised to mint additional tokens, should the need arise, up until reaching the maximum cap of 500 million tokens. This strategy reflects $CryptoAliens dedication to decentralizing the gaming revolution and securing its infinite continuation.
The process of increasing the supply is meticulously regulated by a smart contract, thereby removing the necessity for developers to manually mint tokens. This automated system is crucial for the continuous, equitable distribution of rewards and contributes significantly to the establishment of a resilient and functional ecosystem. By eliminating direct developer intervention in the token creation process, CryptoAliens ensures the ecosystem's fairness and stability, keeping players actively engaged.
Examples of Projects with Similar Mechanisms:
Similar strategies for managing token supply to ensure sustainability and reward distribution can be seen in several well-known projects:
PancakeSwap: Implements a system where tokens can be minted for rewards, alongside mechanisms like burns to balance the token economy.
SushiSwap: Engages in reward distribution through token minting for liquidity providers and participants, with a governance model that decides on supply changes.
Ethereum: Though not directly increasing supply for rewards, Ethereum transition to proof-of-stake (PoS) in Ethereum 2.0 introduces staking rewards, affecting its tokenomics by rewarding participants.
Token Distribution
Team Vesting
$CryptoAliens Listing Strategy
Immediately following the presale, CryptoAliens will be listed on PancakeSwap, featuring the primary trading pairs Aliens/BNB, with a 70% allocation of presale funds, and Aliens/USDT, accounting for the remaining 30%. After the Pancake listing, CryptoAliens will expand its presence in other decentralized exchanges (DEXs), reinforcing our commitment to accessibility and liquidity within the DeFi ecosystem. The expansion continues with targeted listings on centralized exchanges (CEXs), including MEXC and KuCoin among others. This phase is designed to broaden CryptoAliens reach and provide our community with a variety of trading platforms, enhancing our market presence and accessibility.
Token Burn Initiatives
In our continuous effort to enrich the CryptoAliens ecosystem and deliver value to our community, we are excited to introduce a series of token burn strategies. These initiatives are designed to reduce the overall supply of $Aliens tokens, creating scarcity and potentially increasing the token's value over time. Here's how we're making the CryptoAliens universe even more dynamic and rewarding:
These token burn strategies are part of our commitment to ensuring the CryptoAliens universe remains vibrant, sustainable, and increasingly valuable for our community. We believe that by implementing these measures, we can foster a more engaging and rewarding experience for all participants in the CryptoAliens ecosystem.
Note: As with any DeFi project, there are risks associated with staking, smart contract risk, and the potential for changes in contract configurations or community sentiment.
Last updated
