🪙Tokenomics
Infinitar utilizes a dual-token model, consisting of IGT and INF, to drive sustained growth within the game.
Last updated
Infinitar utilizes a dual-token model, consisting of IGT and INF, to drive sustained growth within the game.
Last updated
The native cryptographically-secure fungible governance token of Infinitar (ticker symbol $IGT) is a transferable representation of attributed governance and associated functions, designed to be used solely as an interoperable utility token thereon.
$IGT is a functional multi-utility token which will be used as the native governance token which also provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on Infinitar, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. $IGT is an integral and indispensable part of Infinitar, because without $IGT, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the ecosystem. Given that additional $IGT will be awarded to a user based only on its actual usage, activity and efforts made on Infinitar and/or proportionate to the frequency and volume of transactions, users of Infinitar and/or holders of $IGT which did not actively participate will not receive any $IGT incentives.
$IGT does not in any way represent any shareholding, ownership, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will $IGT entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in the British Virgin Islands, Singapore or any relevant jurisdiction. $IGT may only be utilized on Infinitar, and ownership of the same carries no rights, express or implied, other than the right to use $IGT as a means to enable usage of and interaction within Infinitar. The secondary market pricing of $IGT is not dependent on the effort of the Infinitar team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing. For the avoidance of doubt, neither the Company nor the Distributor deals in, or is in the business of buying or selling any virtual asset or digital payment token (including $IGT). Any sale or distribution of tokens would be performed during a restricted initial period solely for the purpose of obtaining project development funds, raising market/brand awareness, as well as community building and social engagement; this is not conducted with any element of repetitiveness or regularity which would constitute a business.
· VC or Private Sale: 15%
· Play-to-Earn (P2E): 40%
· Treasury (Ecosystem): 30%
· Advisors: 2.5%
· Team: 12.5%
$IGT allows users to participate in voting to decide on issues such as future development and/or game parameters. $IGT is not only the governance token of this specific game but also the primary token of the Infinity World Universe, playing a crucial role across all projects within the IGT ecosystem.
$IGT can be acquired through various methods, including in-system purchases, earning by operating digital "mines" and earning mining rewards, and active staking (participation) rewards. Additionally, $IGT serves as a dynamic adjustment tool within the game, supporting sustainable operations.
Participation in the Infinitar project is essential for obtaining $IGT, which can be earned through farming and completing in-game quests.
$IGT functions as an indicator of membership and commitment to the ecosystem, so it would gate access to certain aspects of the game, e.g. level-related rewards may require the consumption or staking of $IGT, or to increase the maximum amount of $INF that can be earned though playing the game the players may need to consume or stake $IGT.
$INF is the utility token within the Infinitar game system, primarily used to reward players for their participation. Unlike $IGT, $INF operates on an inflationary model with no fixed supply, offering early users the opportunity to earn more rewards. Players can obtain $INF by engaging in activities such as leveling up, forming teams, purchasing in-game services, exchanging tokens, and participating in events.
The relationship between $IGT and $INF is characterized by dynamic adjustments:
Reward Selection: At certain levels, players have the option to choose between $IGT and $INF as their reward.
Level-Specific Tokens: Some level-related rewards may require the consumption or staking of $IGT.
Earnings Cap: To increase the maximum amount of $INF that can be earned through playing the game, players may need to consume or stake $IGT.
