NFT ISLANDS TOKEN
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TOKENS THAT POWER OF GAMING ECONOMY
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TOKENOMICS
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SHARE %
PRICE
MGL ALLOCATION
RAISE, $
SEED
2.5
0.02
25 000 000
500 000
PRIVATE SALE
7.5
0.04
75 000 000
3 000 000
PUBLIC SALE
12.5
0.05
125 000 000
6 250 000
MARKETING
12
0.05
120 000 000
-
TEAM
17.5
0.05
175 000 000
-
COMMUNITY
5
0.05
50 000 000
-
AFFILIATE PROGRAM, BOUNTY
3
0.05
30 000 000
-
ADVISORS
5
0.05
50 000 000
-
LIQUIDITY
10
0.05
100 000 000
-
IN GAME ECONOMY
25
0.05
250 000 000
-
TOTAL
100
1 000 000 000
9 750 000
TOKEN LOCK
To ensure the stability of the MGL ecosystem in the early stages, the lock of the MGL token is envisaged in accordance with vesting order. The period for token lock depends on the stage at which the tokens were purchased
SEED STAGE
THE PERIOD AFTER THE COMPLETION OF THE TOKEN SALE
% OF TOKEN UNLOCK
Upon reaching the 6-month period
15%
Upon reaching the 9-month period
30%
Upon reaching the 12-month period
45%
Upon reaching the 15-month period
60%
Upon reaching the 18-month period
75%
Upon reaching the 21-month period
90%
Upon reaching the 21-month period
100%
ADVISORS
THE PERIOD AFTER THE COMPLETION OF THE TOKEN SALE
% OF TOKEN UNLOCK
Upon reaching the 6-month period
30%
Upon reaching the 9-month period
60%
Upon reaching the 12-month period
100%
TOKEN RECEIVED AS AFFILIATE PROGRAMS, BOUNTIES, AND AS GAME REWARDS ARE NOT SUBJECT TO LOCKING AND CAN BE SOLD ON THE MARKET ANY TIME.
The NFT tokens of the project (tokens of in-game characters) are not subject to locking and can be sold (resold) at any time through the game marketplace. Unlock of the tokens in project occurs once every 3 months. The initial release of tokens occurs after six months. After 24 months, all tokens are free from restrictions
PRIVATE SALE STAGE
THE PERIOD AFTER THE COMPLETION OF THE TOKEN SALE
% OF TOKEN UNLOCK
Upon reaching the 6-month period
30%
Upon reaching the 9-month period
60%
Upon reaching the 12-month period
100%
PUBLIC SALE STAGE
THE PERIOD AFTER THE COMPLETION OF THE TOKEN SALE
% OF TOKEN UNLOCK
Upon reaching the 6-month period
50%
Upon reaching the 9-month period
100%
TEAM
THE PERIOD AFTER THE COMPLETION OF THE TOKEN SALE
% OF TOKEN UNLOCK
Upon reaching the 6-month period
15%
Upon reaching the 9-month period
30%
Upon reaching the 12-month period
45%
Upon reaching the 15-month period
60%
Upon reaching the 18-month period
75%
Upon reaching the 21-month period
90%
Upon reaching the 21-month period
100%
TOKEN RECEIVED AS AFFILIATE PROGRAMS, BOUNTIES, AND AS GAME REWARDS ARE NOT SUBJECT TO LOCKING AND CAN BE SOLD ON THE MARKET ANY TIME.
The NFT tokens of the project (tokens of in-game characters) are not subject to locking and can be sold (resold) at any time through the game marketplace. Unlock of the tokens in project occurs once every 3 months. The initial release of tokens occurs after six months. After 24 months, all tokens are free from restrictions
TOKEN UNLOCK SCHEDULE
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TOKEN FUNCTION
All in-game mechanics are based on the MGL token. Rewards in the game are also made in MGL tokens. For these purposes, 25% of the total supply of tokens is reserved. During the game, players complete missions, for which they receive rewards in MGL tokens from the game pool. In this case, the pool is reduced by the amount of the remuneration. In addition to completing missions, the game offers battles between players (or groups of players). The result of such competitions is the transfer of part of the MGL tokens from the losers to the winners. The total number of pool tokens remains unchanged. Players can freely withdraw their rewards and/or winnings from the game to their ETH wallets at any time. Due to the nature of the game described as “one against the other”, the tokenomics of the MGL token does not have any mechanism for burning tokens.
TOKEN RELATIONSHIP
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TOKEN SUSTAINABILITY
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