The $GIANT token represents the fuel of the entire Giants Ecosystem. Starting from buying in-game assets up to governance. Let's take a closer look at tokenomics and utility.
A good source of information regarding the most important numbers is the token dashboard. Here you can find information like the total supply, number of holders, and much more.
Everything we build floats around the $GIANT token and the Giants NFTs. Below, you'll find a constantly growing list of what you can do with the $GIANT token:
- Buy in-game assets like land, buildings, and more
- Mint other NFTs that we might launch in the future
In order to spend $GIANT, you need to earn it first. Let's see how you can do that:
The supply is capped at 500.000.000 $GIANT with the rewards being distributed over a period of 4 years. $GIANT is a deflationary token with a limited supply & several burning mechanisms that will ensure it will increase profitability over time.
REWARDS 55% - 275.000.000
TEAM 15% - 75.000.000
MARKETING & PARTNERSHIPS 10% - 50.000.000
DEX 5% - 25.000.000
SALE 10% - 50.000.000
TREASURY 5% - 25.000.000
With the rewards decreasing over the years and the burning mechanisms, it will incentivize $GIANT owners to hold and increase the value of the token.
Starting with year 5, rewards will be provided from a special rewards fund, accumulated in the first 4 years.
A percent of all $GIANT fees collected will be burned - part automatically, part by doing a DAO vote. This will ensure it will increase profitability over time.
Most fees or assets from the Giants Game and ecosystem will be paid in $GIANT tokens. As a general rule (that might not apply to all fees/assets), they will be split to:
- Rewards pool
- Giants reserve