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Tokenomics

Total Supply : 1,000,000,000 (1 billion) tokens
Token Name: KING
Total Raise: 6.2m USD
Listing Price: 4 cents
Initial Market Cap: 400k USD excluding liquidity - 640k including liquidity (10m IDO tokens + 6m Liquidity tokens at 4 cents)

Token allocation breakdown

  • 27% Fundraising (vesting and locks According to the numbers above
    • 20% VC Private Sale (200m tokens) 4m raise 2 cents (3 month lock, then 10% unlock each month)
    • 3% (30m tokens) 600k raise Seedify.fund Private Sale 2 cents (3 month lock, then 10% unlock each month)
    • 4% (40m tokens) 1m raise Seedify.fund IDO 4 cents (25% unlock at listing, 25% each proceeding month)
  • 15% Team & Advisors (3 month lock, then 5% unlock each month for 20 months)
  • 3% Exchange Liquidity (20% unlock for initial liquidity, then 5% unlock every month)
  • 15% Community & Marketing (locked initially, then 10% unlock every month for 5 months, then 5% unlock for 10 more months)
  • 15% Development of New Game Features (6 month lock, and then unlocked at 5% unlock each month for 20 months)
  • 2% Partnerships & Exchanges (locked initially, unlocked each month starting from 2nd month, 5% unlock each month for 20 months)
  • 3% Seedify Incubation (6 month lock, and then 10% each month for 10 months)
  • 20% In-game Rewards (locked initially, will be unlocked according to the launch day of the game - the emissions will be 2.5% each month, for 40 months)