📊Token Distribution
Last updated
Last updated
$KARMA is the ERC-20 token circulating on the Ethereum blockchain used throughout the Xia One ecosystem as the basis of transactions and interactions. $KARMA allows gamers to mint in-game drops into NFT assets or merge NFTs into a higher tier/rarity.
The total supply for $KARMA is 1,000,000,000. Xia One team will start a private placement round for 100,000,000 $KARMA, equivalent to 10% of the total supply. The IDO will follow to allocate 5% of the total supply for the public sale. The token distribution plan is as follows:
Private Sale
10%
10,000,000
100% locked 3 year linear vesting and 12-month cliff.
Public Sale
5%
5,000,000
20% released at TGE, 1 year linear vesting.
Ecosystem
40%
40,000,000
To be minted during a 5-year period, for P2E game mining only
Team & advisor
10%
10,000,000
100% locked, 3 years linear vesting and 12-month cliff
Marketing & liquidity
15%
15,000,000
20% released at TGE, 3 years linear vesting, for paying up influencers and cross-promotions
Treasury
20%
20,000,000
3 years linear vesting, for community airdrops and staking rewards