# Blockchain Economy

## COG Token

&#x20;COG is the fungible Blockchain token of the platform, built to SPL standard.

#### COG token have 4 main goals:&#x20;

1. Play: Used to play PvP battles, upgrade and purchase NFT on the Circle of Games network.
2. Reward: To reward players for their engagement on the COG app.&#x20;
3. Staking: To encourage players to be part of the community for a longer duration, access to special lobbies, features and air drops.
4. Governance: To decentralize the governance of the COG token and encourage the community to vote on decisions.

## Token Allocation & Unlock Schedule

<figure><img src="https://2297537750-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FoNEa8FVRs6Xcp2v7MWKv%2Fuploads%2FNoQVcbhBr4akOBofS89m%2FTokenAllocation-v5.png?alt=media&#x26;token=920fcf01-9f74-486d-9092-416b443de9a1" alt=""><figcaption></figcaption></figure>

<table><thead><tr><th width="377" align="center">Token Type</th><th width="147" align="center">% of Supply</th><th align="center"># of Tokens</th></tr></thead><tbody><tr><td align="center">Games, Community &#x26; Ecosystem Rewards</td><td align="center">30% </td><td align="center">600,000,000</td></tr><tr><td align="center">COG Team</td><td align="center">16%</td><td align="center">320,000,000</td></tr><tr><td align="center">COG Advisors</td><td align="center">5%</td><td align="center">100,000,000</td></tr><tr><td align="center">Marketing</td><td align="center">5%</td><td align="center">100,000,000</td></tr><tr><td align="center">Pre-Seed Round</td><td align="center">7.5%</td><td align="center">150,000,000</td></tr><tr><td align="center">Seed Round</td><td align="center">10%</td><td align="center">200,000,000</td></tr><tr><td align="center">Private Round - 1</td><td align="center">5.25%</td><td align="center">105,000,000</td></tr><tr><td align="center">Private Round - 2</td><td align="center">5%</td><td align="center">100,000,000</td></tr><tr><td align="center">Public Round</td><td align="center">1.67%</td><td align="center">33,333,333</td></tr><tr><td align="center">Treasury</td><td align="center">11.58%</td><td align="center">231,666,667</td></tr><tr><td align="center">Liquidity &#x26; Market Making</td><td align="center">3%</td><td align="center">60,000,000</td></tr><tr><td align="center"><strong>Total Amount</strong></td><td align="center"><strong>100%</strong></td><td align="center"><strong>2,000,000,000</strong></td></tr></tbody></table>

#### Games, Community & Ecosystem Rewards:&#x20;

* This is 30% of the total COG token supply which is 600,000,000 tokens.&#x20;
* This amount will be used across the app for the game rewards, leaderboard rewards, daily login rewards, Airdrops, etc.

#### COG Team & Advisors:

* This is 21% of the total COG token supply which is 420,000,000 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.
  * To the advisors that are key to driving Circle of Games project.&#x20;
    * This amount can also be used to build partnerships with centralized exchanges in which COG token will list.

**Marketing:**

* This is 5% of the total COG token supply which is 100,000,000 tokens.&#x20;
* 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.

**Pre-Seed Round:**

* This is 7.5% of the total COG token supply which is 150,000,000 tokens.&#x20;
* This amount will be used to raise capital to start the project and its operations from Angel or Private investors.

**Seed Round:**

* This is 10% of the total COG token supply which is 200,000,000 tokens.&#x20;
* 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.

**Private Round 1:**

* This is 5.25% of the total COG token supply which is 105,000,000 tokens.&#x20;
* This amount will be used to raise further capital for office, team and operation expansions.

**Private Round 2:**

* This is 5% of the total COG token supply which is 100,000,000 tokens.&#x20;
* This amount will be used to raise further capital for office, team and operation expansions.
* This amount will also be used to fund future projects at Circle of Games.

**Public Round:**

* This is 1.67% of the total COG token supply which is 33,333,333 tokens.&#x20;
* This amount of tokens are reserved for the initial offering of the token on public exchanges.

**Treasury:**

* This is 11.58% of the total COG token supply which is 231,666,667 tokens.&#x20;
* This amount will be used for future projects that are not disclosed yet.

**Liquidity & Market Making**

* This is 3% of the total COG token supply which is 60,000,000 tokens.
* This amount will be used to supply liquidity to exchanges in which COG token will list.

## 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.

<figure><img src="https://2297537750-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FoNEa8FVRs6Xcp2v7MWKv%2Fuploads%2FhC3CZJNLwts8QQyGn3oE%2FTokenUnlock-v2.png?alt=media&#x26;token=a8d18361-91d1-4030-8d55-8a2f460d866a" alt=""><figcaption></figcaption></figure>

## **Vesting Schedule**

<figure><img src="https://2297537750-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FoNEa8FVRs6Xcp2v7MWKv%2Fuploads%2FDogJTPNvi9otBjJUSIJu%2FVesting-v2.png?alt=media&#x26;token=4dd9ca07-fdfb-4bf6-89d4-0dd0bef586a5" alt=""><figcaption></figcaption></figure>
