Nightingale Token (NGIT)
NGIT is the governance token of Meta-land. The token represents voting power in UCC polling and DAO gaming. NGIT has a fixed supply and will not be increased. This will be issued to players to reflect each person's stake in the DAO.
- Token Contract Address: 0x46db825593ca7c3fdfc9ccb5850ea96c39b79330
- Token Symbol: NGIT
- Decimal: 18
Category | Total Supply | Percentage | Vesting |
|---|---|---|---|
DAO Creator Reward | 2,000,000 | 40% | 5yr vesting |
Expansion Reward | 750,000 | 15% | 5yr vesting |
Reserve | 250,000 | 5% | 5yr vesting |
LP Incentives | 1,000,000 | 20% | 5yr vesting |
Team | 750,000 | 15% | 6M lock-up, 2yr vesting |
Private Sale | 250,000 | 5% | 6M lock-up, 1yr vesting |
Total | 5,000,000 | 100% | - |
- DAO Creator Reward: This is a reward for content participants such as content creators. It is also supplied to partners who can help our DAO.
- Expansion Reward: The most significant contribution to the expansion of the NGIT ecosystem is made by ecosystem participants themselves. A certain percentage of content sales in the game will be rewarded to those who help expand the ecosystem.
- Reserve: This is for unexpected situations.
- LP Incentives: These tokens are provided for KSP-NGIT, Klay-NGIT pairs.
- Team: Team tokens are used for ecosystem management and development.
- Private Sale: Private sales will be held to secure costs for building an early ecosystem.
- UCC Polling: Sheep will be released seasonally, and users will be able to submit direct designs and nominations for sheep to be released. The vote of the NGIT holders determines which sheep are chosen from the nominations. As a reward, the creator of the design with the most votes will receive NGIT tokens.
- DAO Gaming: User votes can influence a variety of aspects. For example, depending on the outcome of the vote, the weather could be either dry or rainy. Some sheep do well in dry weather while others may be more productive in humid conditions. These variables can have a big influence on PvP and RvR content.
- DeFi Staking: Holders of NGIT tokens are deemed to be making a contribution to the Sheepfarm ecosystem simply by holding their tokens. If you stake NGIT, you can receive MARD tokens as a reward.
Last modified 1yr ago