💰CAP Token
Last updated
Last updated
The CAP Token (abbreviated as "$CAP") is an ecosystem governance token issued by Capverse based on the blockchain BEP20 smart contract technology. It is used to record, manage, and distribute the rights of all community members participating in the Capverse project and can be circulated and transferred.
In the game, $CAP has numerous applications. It serves as the payment tool and trading medium in the Capverse Marketplace and is an essential item for players participating in specific gameplay features.
The total issuance of $CAP is 200 million tokens. In the future, Capverse will allocate a certain proportion of profits to buy back and burn $CAP to ensure its deflationary mechanism. We will use $CAP as a value token, gradually improving application scenarios and ecosystem content, thus empowering participants and builders and providing all users with a safe and stable gaming environment.
0x5cc81ea325e9ff9d496f4997750b8f6667f1c63c
https://bscscan.com/token/0x5cc81ea325e9ff9d496f4997750b8f6667f1c63c
The $CAP/USDT spot trading pair is now live on LBank and MEXC Innovation Zone:
LBank：https://www.lbank.com/trade/cap_usdt
MEXC：https://www.mexc.com/zh-CN/exchange/CAP_USDT?_from=header
Secondary market transactions of Sumer NFTs will be priced in $CAP.
$CAP is the primary payment tool in the Capverse Marketplace. Players can use $CAP to purchase various rare Sumer NFTs and other in-game items, stimulating the in-game economy.
In Capverse, players need to consume $CAP to summon new Sumers.
$CAP serves as the essential tool for participating in the Galactic Challenge gameplay. This setup not only promotes in-game interactions but also enhances social connections among players, enriching the Capverse ecosystem.
Players earn LAND points as rewards within the Capverse ecosystem. LAND points can only circulate within the DAPP. To convert game rewards into real-world assets, players can exchange LAND points for $CAP tokens within the game DAPP. $CAP tokens can then be exchanged for other cryptocurrencies or fiat currencies in the digital asset market.
$CAP is the governance token of the Capverse ecosystem, allowing $CAP holders to participate in the $CAP DAO. We adopt a DAO community autonomy model, handing over $CAP community governance entirely to the community. All $CAP holders have a voice and are eligible to participate in various community activities. Expectedly, $CAP holders will vote to determine/adjust ecosystem parameters, approve/reject proposals, and set trading and auditing rules. The community can also elect block producers, who can be promptly removed by vote if they act maliciously.
$CAP is the utility token of the ecosystem and can circulate and transfer within the Capverse ecosystem without a centralized intermediary. All participants can use it.
A portion of the $CAP economic system's revenue will be used to pay for ecosystem development, technical development/maintenance, and other expenses. The use and expenditure of these funds will be subject to community oversight.
| Designation | Percentage | Allocation | Vesting |
|---|---|---|---|
Seed Round
8%
16,000,000
7% at TGE and linear vesting in next 18 months
Private Round
10%
20,000,000
10% at TGE and linear vesting in next 18 months
IDO
1%
2,000,000
-
Ecosystem
5%
10,000,000
20% for initial liquidity and linear vesting in next 12 months
Marketing
5%
10,000,000
Unlocks in 24 months according to marketing
Airdrop
2%
4,000,000
Linear vesting in 24 months
Advisor
6%
12,000,000
Full cliff for 3 months then linear vesting in next 25 months
Team
16%
32,000,000
Full cliff for 3 months then linear vesting in next 25 months
P2E
37%
74,000,000
Linear vesting in 60 months depending on NFT sales
Community
10%
20,000,000
Depending on game operation