OV Token
Both tokens(OV and Nexus) have their respective placement in our ecosystem and will flow back and forth through various mints and deflationary mechanisms. Some utility is listed below, these lists are examples and will expand as development continues for ONEverse.
$GRAV utility
Swap Uitility
Staking
Exchange Token
Puff breeding
Craftable NFTs
NFT mints
Upgrading NFTs
There are a total of 25,000,000 $OV tokens. 40% of $OV total supply has been reserved for initial liquidity, marketing, team / advisors, and our treasury. The remaining 15M tokens are reserved for 2D/3D in-game activities, tournament prizes, leaderboard rewards, and staking. If there is a lower demand for a particular group it can be allocated to project / community expenses or our treasury. Regular buyback, burns, and siphons are being integrated within our P2E platform to move towards our goal of a deflationary token. These mechanics will add layers of depth to our game and reinforce a healthy ecosystem.
When the first $OV liquidity pool was launched we paired tokens to match 1:1 price with FRA. OneVerse did not launch a presale of $OV and all LP tokens remain inside the OneVerse treasury. We currently have no vested tokens but the team is open to the opportunity provided it is in the communities best interest.
Earn through playing....................
Released through staking and in-game activities. First OneVerse launched basic token and NFT staking and eventually this will be moved to our new UI and reinstated. Staking rewards will change over the next 3 months and reward allocation is temporary. Additional uses for this allocation:
Tournament prizes
Leaderboard rewards
Reserved for vesting in team members and advisors to help OneVerse flourish. The team token distribution remains up for discussion as we continue to build our core team. Token vesting schedules will be released at a later date with the community being considered heavily.
Reserved four our project treasury. We thickened this allocation to account for possible token vesting opportunities. With no current VCs and our project vesting schedule is under development therefore there is no outflow of these tokens.
Allocated to vest in marketing ventures and future opportunities. Similar to team tokens the vesting schedule for marketing remains up for discussion.
More info to come as we expand cross-chain
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