Battle Hard has released its economic model for the B token, which will be used for activity within the Battle Hard ecosystem. The B token has a total supply of 5 million, with 1 million allocated to live on the Neo blockchain and the rest slated to persist on four future networks at 1 million B tokens each. The utility of the B token will include minting and voting.
Source: Battle Hard
The Battle Hard tokens will be allocated accordingly:
- Project Reserve: 500,000 B tokens (10% of total supply)
- Community Events: 200,000 B tokens (4% of total supply)
- Market Sale: 200,000 B tokens (4% of total supply)
- Launch Sale: 50,000 B tokens (1% of total supply)
- Promotional Reserve: 50,000 B tokens (1% of total supply)
- Future Expansion: 4,000,000 B tokens (80% of total supply)
The Market and Launch Sales will take place via the Vendor smart contract, which recently launched on Neo N3 MainNet. Vendor is a token distribution tool for fledgling projects that don’t have the means to establish liquidity pools on a non-custodial exchange. It allows a token creator to stock the contract with “bundles” comprising a predetermined amount of tokens that can be traded for another token. For example, a creator can release 100 bundles, each carrying a cost of 2 GAS and containing 100 B tokens. This would distribute 10,000 B tokens without the use of a liquidity pool.
In addition to the Vendor smart contract, Battle Hard pushed the Legends and Hardened contracts live last week. To celebrate, the team is currently holding a US $1,000 giveaway in B tokens.
About Battle Hard
Battle Hard is a cross-chain NFT project designed to inject renewed utility into NFTs, reactivating dead NFTs to give new life to abandoned projects. With Battle Hard, the user can fuse NFTs from multiple projects and compete in battles on the platform. Once fused, the NFTs become “Battle Hardened” and can be used for competition. The Battle Hardened concept incorporates an arena inspired by Pokemon stats and battle systems.
Looking forward, Battle Hard plans to expand to other networks after launching on Neo N3.
The original tokenomics announcement can be found at the link below:
https://x.com/BATTLE__HARD/status/1866274434593775636
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
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