Tokenomics
The 1,000,000,000 HONEY ($HXD) tokens will be distributed as follows:
- Investors
- 69,555,556 (7%) - Seed round - These are locked for 3 months after TGE and linear vesting for the next 15 months. Funds will primarily be used for the development of the game and artwork, and to begin development on the decentralized exchange.
- 36,678,571 (3.7%) - Private A round - These are locked for 1 month after TGE and linear vesting for the next 15 months. Funds will primarily be used for continued development of the game and decentralized exchange as well as marketing and events to build community, excitement, and awareness for the project. Some funds will also be used to fund our developer contests to encourage outside developers to build games for the Honeyland ecosystem.
- 103,765,571 (10.4%) - Future Investors - These are locked for 6 months after TGE and linear vesting for the next 12 months. Funds will primarily be used for operating capital for the post-launch marketing, development, and operations of Honeyland.
- Public Sale
- 20,000,000 (2%) - Public sale - 25% will be unlocked at TGE and sold through a launchpad(s). The rest will be unlocked over the first three months after TGE. Funds will primarily be used for operating capital for the post-launch marketing, development, and operations of Honeyland. Any unsold tokens will transfer to Future Investors.
- Player Rewards
- 350,000,000 (35%) - These will unlock with linear daily vesting for 36 months after TGE. Additional player reward tokens will be made available through HONEY transactions and added to this allocation.
- Team
- 160,000,000 (16%) - Core Team - These are locked for 12 months after TGE and linear vesting for the next 18 months. This consists of the 4 founders who have been involved with Honeyland since its inception. The year lockup and 18-month vesting ensure their commitment for the long-term success of the project.
- 50,000,000 (5%) - Advisors - These are locked for 1 month after TGE and linear vesting for the next 18 months.
- 30,000,000 (3%) - Developers - These are locked for 3 months after TGE and linear vesting for the next 24 months.
- 10,000,000 (1%) - Artists - These are locked for 1 month after TGE and linear vesting for the next 18 months. This will be used to incentivize special artists to create NFTs and other special drop items after the project launch.
- Other
- 20,000,000 (2%) - Marketing - 5% of these will unlock 1 week after TGE and then will have linear vesting for 12 months. These will be used for community rewards and incentives to help strengthen and grow the community and onboard players.
- 50,000,000 (5%) - Reserves - These are locked for 1 month after TGE and linear vesting for the next 12 months. These will be primarily used to allow Honeyland to offer tokens for partnerships and big opportunities post-launch of the game.
- 50,000,000 (5%) - Liquidity - 40% will unlock at TGE and linear vesting for the next 3 months.
- 50,000,000 (5%) - Treasury - 25% of these will unlock 1 week after TGE and linear vesting for 3 months after. These will primarily be used as needed for liquidity and capital to fund the Honeyland project.
Last modified 5mo ago