Governance Token
MASTER Token
MASTER is the native token of the GameFiMaster family which consists of Fishing Master and more games. MASTER can be used for initiating proposals, voting and sharing the project revenue. The GameFiMaster smart contract will periodically buy back and burn MASTER with the profit of the products.
TGE Estimate: 2022Q2 Landing on Ethereum Mainnet.
There is no fundraising planned for the MASTER token.
Token Use | % | Token Amount | TGE Unlock | Unlock Schedule |
|---|---|---|---|---|
DAO Reserve | 25% | 10997500 | 0 | Linearly vested in 36 epochs |
Advisors | 10% | 4399000 | 219950 | Linearly vested in 12 epochs |
Dev Team | 15% | 6598500 | 0 | Linearly vested in 36 epochs |
Marketing - 1 | 10% | 4399000 | 219950 | Linearly vested in 12 epochs |
Marketing - 2 | 10% | 4399000 | 0 | Linearly vested in 24 epochs |
Players | 20% | 8798000 | 439900 | Game farming for 36 epochs |
Market Making | 10% | 4399000 | 879800 | Based on MM demand |
Total | 100% | 43990000 | 1759600 | |
An epoch is 28 days.
20% of MASTER issuance will be released to players through in-game farming, with 95% vested for 36 epochs starting from TGE and 5% unlocked immediately.
Please note that all rules and formulas are subject to change before the final announcement of TGE.
On TGE, 439,900 MASTER will be airdropped to the valid users who played the game since Open Beta launched. The allocation is performance-based. The time of snapshot is TBD.
- Based on Bullet firing amount, Blindbox spending and net deposit endurance.
- Bullet firing amount: F The total Bullet fired amount of the account in game sessions since registration.
- Blindbox spending: S The total FMC spending amount of the account on Blindbox since registration. The p is an undecided coefficient on S.
- Net deposit: N_i The net deposit of the account during T_i. If net deposit is negative, it will cause a negative effect on the calculation.
- Endurance: T_i The length of an interval(i) of certain net deposit of the account.
- Airdrop Weight: W The weight of the account in the airdrop allocation. If the account's sum of net deposit x endurance is zero or negative, then W = 0.
- The threshold to be a valid user of this event is having 10,000 Bullets fired in record.
- The minimum effective airdrop is 0.0001 MASTER. The amount below this figure will be abandoned.
- Tokens will be instantly released for claiming by users via the official panel on TGE.
After TGE, 8,358,100 MASTER will be released over time to the valid users played the game. The allocation is performance-based. The event lasts 36 epochs. The first release is the 28th day after TGE.
- Based on Bullet firing amount, Blindbox spending and average net deposit during an epoch.
- Bullet firing amount: F_k The total Bullet fired amount of the account in game sessions during the epoch(k).
- Blindbox spending: S_k The total FMC spending amount of the account on Blindbox during the epoch(k). The q is an undecided coefficient on S_k.
- Average Net deposit: N_avg The average net deposit of the account during the epoch(k). The average net deposit is the arithmetic mean of the net deposit for 4 weeks' snapshots.
- Farming Weight: W_k The weight of the account in the farming allocation of the epoch(k). If the account's average net deposit is zero or negative, then W = 0.
- The threshold to be a valid user of this event is having 10,000 Bullets fired during an epoch.
- The minimum effective airdrop is 0.0001 MASTER. The amount below this figure will be abandoned.
Last modified 1yr ago