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Blockchain Economy

COG Token details

COG Token

COG is the fungible Blockchain token of the platform, built to SPL standard.

COG token have 4 main goals:

  1. 1.
    Play: Used to play PvP battles, upgrade and purchase NFT on the Circle of Games network.
  2. 2.
    Reward: To reward players for their engagement on the COG app.
  3. 3.
    Staking: To encourage players to be part of the community for a longer duration, access to special lobbies, features and air drops.
  4. 4.
    Governance: To decentralize the governance of the COG token and encourage the community to vote on decisions.

Token Allocation & Unlock Schedule

Token Type
% of Supply
# of Tokens
Game Ops
14%
280,000,000
COG Team
18%
360,000,000
Marketing
9%
180,000,000
Advisors
5%
100,000,000
Pre-seed
6.51%
130,200,000
Private
13.33%
266,600,000
Public
5%
100,000,000
Treasury
9%
180,000,000
Liquidity
9.75%
195,000,000
Reserve for Future Projects
10.41%
208,200,000
Total Amount
100%
2,000,000,000

Game Ops:

  • This is 14% of the total COG token supply which is 280,000,000 tokens.
  • This amount will be used across the platform for the game rewards, leaderboard rewards & Airdrops.

COG Team:

  • This is 18% of the total COG token supply which is 360,000,000 tokens.
  • This amount is allocated to the COG team building the COG platform.
    • To keep the COG team incentivized to continue building after a successful token sale.
    • Serves as a way for the COG team to raise funds over time to fund further development of the platform and games.
Marketing:
  • This is 9% of the total COG token supply which is 180,000,000 tokens.
  • This amount will be used to drive and run marketing campaigns to drive traffic on the COG app and thereby bringing new users to the platform.
Advisors:
  • This is 5% of the total COG token supply which is 100,000,000 tokens.
  • This amount will be to the advisors that are key to driving this project.
  • This amount can also be used to build partnerships with centralized exchanges in which COG token will list.
Pre-Seed:
  • This is 6.51% of the total COG token supply which is 130,200,000 tokens.
  • This amount will be used to raise capital to start the project and its operations from Angel or Private investors.
Private:
  • This is 13.33% of the total COG token supply which is 266,600,000 tokens.
  • This amount will be used to raise further capital for office, team and operation expansions.
  • This amount will be used to raise capital once we have identified the market fit from the product standpoint from Angel or Private investors & launchpads.
  • This amount will be used for team expansion and optimization of operations.
Public:
  • This is 5% of the total COG token supply which is 100,000,000 tokens.
  • This amount of tokens are reserved for the initial offering of the token on public exchanges.
Treasury:
  • This is 9% of the total COG token supply which is 180,000,000 tokens.
  • This amount will be used for future projects that are not disclosed yet.
Liquidity
  • This is 9.75% of the total COG token supply which is 195,000,000 tokens.
  • This amount will be used to supply liquidity to exchanges in which COG token will list.

Reserved for future projects

  • This is 10.41% of the total COG token supply which is 208,200,000 tokens.
  • This amount will be used to fund future projects at Circle of Games.

Token Unlock & Supply

The tokens will be minted all at once but will be unlocked in a schedule over a period of 48 months from the public sale.

Vesting Schedule