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Blockchain Economy
COG Token details
COG is the fungible Blockchain token of the platform, built to SPL standard.
- 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.
- 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 Type | % of Supply | # of Tokens |
|---|---|---|
Game Ops | 20% | 400,000,000 |
COG Team | 15% | 300,000,000 |
Marketing | 10.35% | 207,000,000 |
Advisors | 5% | 100,000,000 |
Pre-seed | 6.4% | 128,000,000 |
Private | 10% | 200,000,000 |
Public | 3.5% | 70,000,000 |
Treasury | 10% | 200,000,000 |
Liquidity | 9.75% | 195,000,000 |
Reserve for Future Projects | 10% | 200,000,000 |
Total Amount | 100% | 2,000,000,000 |
- This is 20% of the total COG token supply which is 400,000,000 tokens.
- This amount will be used across the platform for the game rewards, leaderboard rewards & Airdrops.
- This is 15% of the total COG token supply which is 300,000,000 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 10.35% of the total COG token supply which is 207,000,000 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 6.4% of the total COG token supply which is 128,000,000 tokens.
- This amount will be used to raise capital to start the project and its operations from Angel or Private investors.
Private:
- This is 10% of the total COG token supply which is 200,000,000 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 3.5% of the total COG token supply which is 70,000,000 tokens.
- This amount of tokens are reserved for the initial offering of the token on public exchanges.
Treasury:
- This is 10% of the total COG token supply which is 200,000,000 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.
- This is 10% of the total COG token supply which is 200,000,000 tokens.
- This amount will be used to fund future projects at Circle of Games.
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.
