Tokenomics v1.3 - last update 30 Dec 2022
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.
* We plan to list on Maiar Exchange after the public sale of the token is completed. These funds will be used to provide liquidity.
* We'll have multiple selling rounds. The details are still being decided and will be announced in 2023, after the first version of the Giants Village Game will be released.
In the first year, ~70% of the Reward tokens will be allocated to staking as the other products are in development. The rest will be used in Minting, Airdrops, Giveaways and slowly integrating the token into our apps. After the first year, a more detailed distribution plan for the rewards will be put in place, together with the community.
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.
* When we get $GIANT back through our products, 30% will go into the Reserve, 20% into the Treasury (governed by the $GIANT holders, once enough $GIANT is in circulation), 50% will go into a Rewards fund that will be used once the initial Rewards supply (275.000.000 $GIANT) runs out.