Distribution
MONSTER are an BEP-20 governance token for the Monster Valley. MONSTER holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. Players will also be able to earn $MONSTER when they play various games within the Monster Valley Metaverse and through user-generated content initiatives.
Name: Monster Valley
Symbol: MONSTER
Decimals: 18
Total Supply: 1,000,000,000 (1 Billion Token)

Play to earn: 35%

Gradual unlock over 3.5 years. The play to earn issuance represents 35% of the total MONSTER supply. The goal of the play to earn tokens is to attract a wide range of players to the Monster ecosystem in the hunt for token rewards and to give ownership and stake to the most active community members.
We envision using the play to earn portion of the issuance to reward key behaviors within our ecosystem such as:
  • Competing in the arena and winning matches.
  • Winning tournaments.
  • Using the Monster Valley marketplace.
  • Breeding
  • Using future MONSTER products that haven't been announced yet.
‌The Play to Earn allocation can be seen as a marketing budget for the Monster Valley ecosystem. When certain game modes and products are ready to be promoted, its play to earn allocation could be increased.
These allocations are something that could potentially be decided by governance over time.
Why Play to Earn?
A game needs players. By simply playing the game, community members are adding value to the network and should be rewarded. It’s simple, but revolutionary. We’re looking for missionaries to align incentives with as we change the gaming world forever.

Locked in the Unicrypt launchpad: 5%

We locked the 5% of the total supply to Unicrypt and threw away the keys!

Why?

Let us start with understanding what liquidity means for cryptocurrency and why we may want to lock it.
Liquidity, simply put, is a pool of funds that crypto token developers need to create to enable their investors to buy and sell instantly. Without this pool, the investors will have to wait for someone to match their buy or sell order and there is no guarantee that the trade will be completed at all.
Liquidity is created by pooling in the new token along with another token of established value (e.g., ETH or BNB or stablecoin like Tether) in an exchange like Uniswap or PancakeSwap. This pool of funds gets deposited in the exchange and liquidity provider receives liquidity pool (LP) tokens in return, which can be used at a later point to withdraw the pool funds.

Why should liquidity be locked?

If liquidity is locked, then the token developers CAN NOT do what is infamously known as "rugpull".
Once investors start buying token from the exchange, the liquidity pool will accumulate more and more coins of established value (e.g., ETH or BNB or Tether).
This is because investors are basically sending these tokens of value to the exchange, to get the new token. Developers can withdraw this liquidity from the exchange, cash in all the value and run off with it.
Liquidity is locked by renouncing the ownership of liquidity pool (LP) tokens for a fixed time period, by sending them to a time-lock smart contract. Without ownership of LP tokens, developers cannot get liquidity pool funds back.
This provides confidence to the investors that the token developers will not run away with the liquidity money. It is now a standard practice that all token developers follow, and this is what really differentiates a scam coin from a real one.
Never trust any given party.
Many claim they "burn" keys or throw away the seed-phrase. That's giving trust. Why would you give trust when there are contracts that exist that allow you to permanently lock away liquidity pools forever? A common scam among small cap tokens involves growing a project, then removing all the liquidity. Leaving you with a big bag of tokens that you could never sell. This is why we locked away our LP tokens.

5% for DEV and Builders

Linear vesting over 36 months with a 1-Year Cliff.

20% for Public Sale

100 release at TGE

10% Private Sale

15% on TGE, 1 month locked, linear vesting for 10 months

20% for the Liquidity Provider

5% for Airdrop for MONSTER holder

Linear vesting over 24 months. Start from the first month.
More information about Monster Valley (MONSTER) full tokenomics will be deploy soon.

Tokenomics Table

Metrics
Distribute
Vesting
Play to earn
35%
Gradual unlock over 3.5 years
Locked on Unicrypt
5%
100% TGE
Builders
5%
Linear vesting over 36 months with a 1-Year Cliff.
Public Sale
20%
100 release at TGE
Private Sale
10%
15% on TGE, 1 month locked, linear vesting for 10 months
Liquidity Provider
20%
100% TGE
Airdrop for MONSTER holder
5%
Linear vesting over 24 months. Start from the first month.
Last modified 1mo ago