Token Supply and Distribution
Last updated
Last updated
$WAYE will be issued as a Sui token and deployed on the network shortly afterwards. At the token genesis event (TGE), 1 billion $WAYE tokens will be created as the total token supply, which will never increase. No other tradable tokens are anticipated to be created or minted. $WAYE tokens will be allocated, distributed and unlocked as follows:
Community Incentives: 40.5%
Creators, Developers & Advisors: 22%
Token Rounds: 15.5%
Liquidity: 7%
Swaye Labs + Treasury: 15%
Emissions and Release Schedule:
Community Incentives:
The $WAYE token will be released to the community in the following manner:
Airdrops
Community members and The OG Battlefront players will have the opportunity to earn points during the first 60 days of the game launch. Points will be converted to $WAYE for an initial airdrop.
Gameplay
Players earn game points as rewards for completing levels, achieving high scores, or winning competitions initially within the OG Battlefront and then expanding into future games released. $WAYE tokens can be spent to utilise in-game enhancements for higher point-earning potential.
Participation
Completing tasks such as daily logins or participating in challenges will earn points for players and encourage regular engagement. Points are then converted to $WAYE on a recurring basis.
Referrals
When a new user signs up using a unique referral code, both the referrer and the new user receive rewards.
Beneficiary
Allocation
Lock-Up/Vesting (days)
Details
Developers, Founders & Advisors
22.00%
90/720
Allocation for the core team that contributes to the project, as well as strategic advisors. Cliffs and vesting periods are to reduce the likelihood of large releases of supply on the market at any given point in time after the cliff.
Liquidity
7.00%
90/720
A liquidity reserve to ensure liquidity is upheld across markets, especially deep liquidity or concentrated liquidity concepts (i.e., a DEX).
Swaye Labs + Treasury
15.00%
0/630
A reserve the Swaye team can use to promote the project, fund AI research through the Labs and ensure $WAYE's success, especially against unforeseen challenges.
Private Sales
15.00%
90/720
Backers and supporters of the project. The lock-up and vesting period is in line with the team to ensure long-term alignment.
Community Incentives
40.50%
0/0
This allocation is used for community engagement, competition rewards, participation incentives rewards, airdrops and more
Public Sales
0.50%
0/0
Token Public Sale