📊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:
| Total token supply | 100% | 100,000,000 | Vesting schedule |
|---|---|---|---|
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 |
