6. Tokenomics & Utilities

$GAIA - ERC20: Governance and Marketplace Currency

$GAIA serves as both a governance token and the primary currency within the EverWorld Marketplace. Holders of $GAIA have the opportunity to stake their tokens and receive staking rewards. Additionally, they are granted voting rights on proposals that shape the future of the game. The supply of $GAIA is capped at 500,000,000 tokens.

• Token Allocation:

  • Angel Round: 2% (10,000,000.00 $GAIA)

  • Seed Round: 4% (20,000,000.00 $GAIA)

  • Strategic Sale: 6% (30,000,000.00 $GAIA)

  • Play to Earn: 25% (125,000,000.00 $GAIA)

  • Staking Rewards: 25% (125,000,000.00 $GAIA)

  • Ecosystem: 11% (55,000,000.00 $GAIA)

  • Radicle Gaming (Core Team): 20% (100,000,000.00 $GAIA)

  • Public Sale: 1% (5,000,000.00 $GAIA)

  • Advisors: 6% (30,000,000.00 $GAIA)

25% of the total supply of $GAIA is allocated to play-to-earn incentives, aiming to attract a diverse range of players to the EverWorld ecosystem. Active and successful players have the potential to earn substantial rewards, thereby owning a larger stake in the game they love.

Earning Mechanisms in EverWorld:

• Competing in the arena and winning battles.

• Staking $GAIA tokens.

• Participating in Decentralized Autonomous Organization (DAO) votes.

• Winning in multi-round tournaments.

• Breeding Gaia creatures.

• Completing challenges and topping the leaderboards.

Tokens earned through play-to-earn mechanisms are immediately tradable, offering players the potential to convert their gaming time into real-world purchasing power.

Utility of $GAIA:

• In-game marketplace currency for purchasing land, resources, weapons, outfits, and Gaia creatures.

• Breeding fees.

• Customization and monetization of land by landowners through quest creation, renting, or selling land or its features, with transactions conducted in $GAIA.

• Governance participation: $GAIA holders can propose and vote on decisions via a DAO, with a majority vote determining outcomes.

• Staking: Generous rewards for token holders supporting the ecosystem.

Gaia Gold - ERC20 (Previously Gaia Growth Potion $GGP): Breeding and Upgrade Currency

GAIA GOLD ($GG), an ERC20 token, is earned by playing the game and winning battles, and is used primarily for breeding Gaia. The amount of $GG burnt for breeding is permanently removed from the supply, helping to control inflation. This uncapped utility token supports the game's growth.

• Utility of Gaia Gold ($GG):

  • Primary currency for breeding Gaia.

  • Used for upgrading avatars and Gaia skill levels.

  • Spent tokens on upgrades and breeding are burnt, reducing the total supply.

  • Rewards are determined by the game's economics at the time of play.