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Tokenomics & Utility
This article delves into the distribution and various uses of the $SNOW token, providing a comprehensive overview of its allocation and the multifaceted roles it plays within the HODL Games ecosystem.
The total supply of $SNOW tokens is capped at 100 million, ensuring a finite supply and potential for value appreciation over time. This cap fosters a balanced ecosystem, where the demand for $SNOW tokens can naturally drive their value. As the HODL Games network expands and the utility of $SNOW tokens increases, we anticipate a robust and sustainable token economy.
Play-to-Earn | 40,000,000 | 40% | Rewards for players based on in-game activities and achievements |
Team | 20,000,000 | 20% | Team & Partners (no vesting) |
Marketing | 20,000,000 | 20% | For community initiatives, partnerships, influencers and marketing efforts |
Liquidity | 15,000,000 | 15% | For providing liquidity on exchanges and wallets |
Development | 5,000,000 | 5% | For future development and expansion of the platform |
In-Game Currency
$SNOW tokens serve as the in-game currency across the HODL Games network. Players have the opportunity to earn $SNOW tokens through gameplay, which can be utilized for in-game items, upgrades, and more.
Access to Exclusive Content
Ownership of $SNOW tokens unlocks access to exclusive gaming options, levels, and content within the HODL Games ecosystem, enhancing the gaming experience.
Staking Rewards
By staking their $SNOW tokens, holders can earn rewards. This not only incentivizes token retention but also contributes to network security.
Lower Fees
Holders of $SNOW tokens enjoy the benefit of discounted transaction fees and other associated costs on the platform, making transactions more cost-effective.
Community Incentives
Active community members who contribute to discussions, promote the games, or provide valuable feedback will be rewarded with $SNOW tokens, fostering a vibrant and engaged community.
In-Game Advertising
Businesses or individuals can utilize $SNOW tokens to secure advertising space within our ecosystem, leveraging our dedicated product, crypto.ad, to meet their promotional needs.
Charitable Contributions
In our future plans, we aim to allocate a specific portion of $SNOW tokens for charitable causes. These contributions will be facilitated through our dedicated platform, https://hodl.charity/.
Premium Memberships
$SNOW tokens can be exchanged for premium memberships that offer additional benefits, such as increased rewards, reduced fees, or enhanced customer support, enriching the user experience.
Last modified 4d ago