Tokenomics by CZ
Long term success for investors, gamers and team.
Last updated
Long term success for investors, gamers and team.
Last updated
BCX is built for the community first. BCX employs a balanced token distribution with 50% of the supply going to the Gameplay Pool. To accelerate growth and adoption, BCX allocates 10% to the Marketing Pool and another 10% for the Reserve Liquidity Pool.
BCX employs a revolutionary tokenomics system invented by CZ (Changpeng Zhao), the founder of Binance, that ensures the project is adequately funded for the long-term while while preventing token dumps if the price has not gone up thus protecting investors, users and the team.
With a max supply of 10 billion $BCX, there will be a Seed Round where 10% of all tokens will be unlocked and sold on the market for $0.01 per $BCX. Seed Round proceeds will go towards building out the ecosystem further and global marketing.
Six months after the previous unlock.
ONLY IF the token price has sustained above 2x of the previous unlock price for more than 30 days immediately before the unlock.
Up to 5% of tokens maximum each time.
The project teams have the discretion to delay or reduce the size of each unlock. If they don’t want to sell more, they don’t have to. But the maximum they can sell (unlock) each time is 5%, and then they have to wait for at least another 6 months AND the price to double again.
The project team does NOT have the discretion to shorten or increase the size of the next unlock. The tokens shall be locked by a smart contract where a third party controls the keys.
This avoids new tokens flooding the market when prices are low. It also gives the project team incentives to build for the long term.
The example table below estimates the price doubling every six months in a more than ideal scenario. It is possible milestones are achieved after the six month and that prices can more than double or triple thus setting a higher requirement level for the next unlock.
To ensure BCX becomes the gold standard in reward tokens, BCX’s performance-based token unlock schedule and ecosystem roadmap covers over 9 years. With a KPI based unlock milestones, BCX ensures it will continually deliver rewards to gamers while remaining fair to investors and team members.
