Introducing $GAME tokens — Tokenomics and Distribution | GameBox Network
2 min readJun 10, 2021
Dear GameBox Community,
We are pleased to inform you about GameBox Network tokenomics. To understand the distribution of $GAME, don’t skip this article.
What is $GAME token?
- $GAME is a utility token used in the GameBox Network ecosystem and also incentivizes network contributors such as node runners and Indexers.
- $GAME is a high-yield frictionless farming token. There is a 10% tax on every transaction: 5% is locked in liquidity, 5% is distributed to $GAME holders proportional to the amount of $GAME held.
- $GAME is also used to buy and sell items while our Gamezone is about to launch. Players can play games using $GAME tokens to buy or sell items and can withdraw $GAME to personal wallets.
- $GAME can be used to mint NFTs when we launch NFT Marketplace.
- Total Supply: 1 Quadrillion $GAME
- Token name: GameBox Network
- Token symbol: GAME
- Blockchain: Binance Smart Chain (BEP20)
- Contract address: 0xB07029a9b8F64556b93EDfd6BD2E6AE5850284Fa
Vesting period
- Team: Token will be locked in 1 years. After that, tokens will be unlocked 10% each month.
- Marketing: Token will be locked in 2 months. After that, tokens will be unlocked 10% each month.
- Presale: Token will be unlocked 100% when listed on PancakeSwap.
- Ecosystem: $GAME token will be used to mint NFT and reward/pay for games in GameBox Network ecosystem
About GameBox Network
- GameBox Network is a gaming virtual world on the Binance Smart Chain, with NFTs and $GAME tokens.
Join us:
- Website: http://gamebox.network/
- Twitter: https://twitter.com/gamebox_network
- Telegram: https://t.me/gamebox_ann & https://t.me/gamebox_discuss
- Medium: https://medium.com/@thegamebox
- Reddit: https://www.reddit.com/user/gamebox_network
- Linkedin: https://www.linkedin.com/in/gameboxnetwork/
- Github: https://github.com/gameboxnetwork