Tokenomics
Soulocoins will serve as the utility token in the game. Soulocoins will be the only currency used for all transactions in the Tales Of Soulofox.
There is a total of 1 billion Soulocoins. 500 million tokens, equivalent to 50%, will be circulated into the Tales Of Soulofox, while 500 million tokens will be circulated into the ISLES metaverse.
Token Type: Utility
Total Supply in ISLES: 500 millions tokens
The tokenomics for the game is designed on the principle to decentralize the token ownership ensuring all game players & investors' incentives are aligned for the long term.
Soulocoins will be circulated into the game according to the allocation and unlocking schedule below.
Token allocations include:
Play-to-earn (35%) - This allocation rewards active players and loyalty. This will be circulated into the game through combat and quests.
Ecosystem Fund (20%) - This allocation provides fund to support the game development.
Core Team (20%) - This allocation provide incentives to the Core Team to align interest in developing the future of the game.
Staking (25%) - This allocation rewards players for having a long-term, buy-and-hold mindset.
Partners/Advisors (5%) - This allocation rewards partners or advisors that are onboard providing and aligning incentives when supporting the development of the future of Soulofox.
Public Sales (5%) - This allocation will be sold at public exchanges to provide initial circulating token liquidity.
Soulocoins will be circulated into the game progressively based on community growth. This is to control the inflationary/deflationary effects that results from over-/under-supplying tokens, which will help protect the value of the token for the future.
Disclaimer: This section aims to describe the framework for the game tokenomics. The section will be updated progressively to include further details when developed..
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