[ 2023-2024 ]
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Legal Disclaimer
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Tokenomics
USE CASES
[ of RAISE token ]
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Gas fee token
The RAISE token will be one of the payment options for transaction fees along with other tokens like USDC, and USDT (the list is subject to change). Users opting out to pay with RAISE will not be charged an additional paymaster fee on top of the network fee so, paying with RAISE will be a relatively cheaper option concerning gas fees.
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xRaise Guild
gRAISE token holders, users will gain access to advanced product features.
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Subscription trials
If a game enables a grace period for subscriptions (trials), gRAISE token holders can try the product before paying. If the user likes the service and hasn't cancelled their subscription before the trial period ends, payments will be automatically charged.
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Buybacks
If legally permissible, a specific portion of the fees collected from all xRaise products may be allocated to buy back RAISE tokens from the market.
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Governance
When users lock 1 RAISE token, they will receive 1 gRAISE token in return. gRAISE tokens will be used for governance voting, where each token equals one vote for a proposal.
We are currently abstaining from permitting token holders to manage the Company treasury and the potential Protocol treasury, either formally or informally through voting. Token holders will not possess company shares or similar ownership privileges.
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Fee subsidy
gRAISE token holders will be able to enjoy a limited number of completely subsidised transactions (gasless transactions) depending on their gRAISE token holdings. Games who locked their RAISE tokens will be able to subsidise transactions for their users.
allocation
Alloc %
Amount
TGE %
Vesting
Teams
12%
120.0M
0.0%
4 - months cliff
then released quarterly over the course of 48 months
Advisors
1.11%
11M
15%
TGE 15% then released monthly over the course of 8 months
Liquidity incentives
15%
150M
--
--
Treasury
29,2%
291m
0.0%
24 - months cliff
then released quarterly over the course of 60 months
User incentives
(airdrop)
15%
150M
0.0%
Vesting is subject to approval by Governance
Future strategic backers
20%
200M
0.0%
24 - months cliff
then released quarterly over the course of 60 months
Seed round (Angels)
2.54%
25.4M
15%
TGE 15%, then released monthly over the course of 8 months
Private sale
(testnet participants May 2023)
2.15%
21.5M
20%
TGE 20%, then released monthly over the course of 4 months
Public sale
3%
30M
100%
All unlocked at TGE
Total
100%
1000.0M
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Visualized chart
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