Tokenomics

The game is under development, so all content is subject to change.

SPECIFICATION

Token Name: GOD Token

Token Symbol: GOD

Network: Ethereum Blockchain

Maximum Supply: 1,000,000,000 GOD tokens (for the Gen of Dragon universe on the Ethereum blockchain).

Circulating Supply: The treasury of GOD will be replenished as the supply decreases over time.

There is a system of seasons in place. 1 season = 1 month. (The start date of the seasons has not yet been set).

The GOD token is created for players to earn rewards through the Play-to-Earn (P2E) mechanism, in conjunction with the different mechanics of Gen of Dragon. This is achieved through staking and participating in in-game activities such as mining GOD tokens, completing quests, and participating in tournaments. Players can increase their rewards by leveling up their NFTs and upgrading their dragons. However, to improve a dragon’s rank, it is necessary to stake GOD tokens, which helps prevent early selling by players and encourages them to accumulate and use their tokens within the game, such as for buying items, upgrading dragons, or purchasing slots.

We have designed the game economy to include both inflationary and deflationary mechanisms, which in the long term can help increase the value of the GOD token. The value of the game token will increase as the game grows, with a strong focus on keeping the players at the center of the economy, as we believe the players contribute the most significant value to the project. 100% of users' GOD token expenditures on in-game purchases will be returned to the economy for redistribution. 90% will be allocated to the Play-to-Earn mechanism, and 10% will replenish the prize pool for tournaments and events.

The first token emission for the team will be locked for 6 months, and for advisors, it will be locked for 3 months.

UPD: We have decided to extend the lock-up period for an additional 3 months to support the value of the token. Further unlocking will occur linearly over 1 year.

Token Usage

Required to level up dragons by staking GOD tokens

Required for repairing weapons and replenishing energy

Required for crafting items and potions

Required for purchasing in-game items

Required for renting CPU resources through our blockchain service

Required to get quests and participate in events and tournaments

By integrating the GOD token into various in-game systems, we ensure that the token will have a variety of uses, creating long-term value and increasing its utility for players within the Gen of Dragon ecosystem.