Tokenomics
Last updated
Last updated
The $KAP token has proven utility, actively being utilized across thousands of wallets in gaming environments across web3. As a publisher token, $KAP occupies a privileged position at the top of the gaming food chain, enabling holders to benefit from a plethora of opportunities from partnered portfolio and internal studio games.
The $KAP token is used for:
Burning to create nodes for games in our portfolio, where those nodes produce the total supply of the token related to the specified game. Learn more here.
Staking to earn partner tokens and points rewards, as well as in-game bonuses for certain games across our portfolio. Stake here.
Purchasing in-game assets and making discounted payments in certain games across our portfolio.
Voting on platform referendums and social governance features that affect certain classes of tokenholders. Vote here.
In essence, the $KAP token may allow you to acquire more tokens from other affiliated portfolio games via node creation, staking rewards, and voting incentives.
The $KAP token is deflationary, with only 1,000,000,000 initially minted, and a supply that will decrease over time as the tokens are burned to create nodes for games within our publishing portfolio. The token generation event date was October 5, 2022.
The initial token distribution at time of mint was:
Category | % | Unlock Terms |
---|---|---|
The KAP token has not been offered as a security, and contributors should have zero expectation of profit, irrespective of the plans and ideations outlined in this conceptual paper. Furthermore, public claim functions and liquidity pools are not be available to any participant with a US, Cuba, Iran, North Korea, or Syria IP address. See Disclaimer for more info.
Public Liquidity
5.00%
No lock terms
Contributors & Investors
35.23%
12 month cliff, 12 month unlock
Advisors
0.42%
12 month cliff, 12 month unlock
Reward Incentives
10.00%
48 month unlock
Ecosystem
49.35%
48 month unlock