🐈 CTT Tokens and Distribution

Overview

CTT is the game token of CryptoTycoon, which has both functional and governance usages. It is currently running on Binance Smart Chain.

CTT contract address: 0x464863745ed3af8b9f8871f1082211c55f8f884d

Block Explorer: BSCScan​

Token specifications

Token

Description

Token name

CryptoTycoon Token

Abbreviation

CTT

Supply

1,000,000

Blockchain

Binance Smart Chain(BSC)

Burn

5 %

Obtaining mechanism

Game mining, airdrops, liquidity mining, invitation rebate

Default decimal

18 digits (5 decimal recommended)

Release mechanism

Release no more than 300,000 in 1 year

Ways to obtain

Ways to obtain

Description

Game mining

If you build a house to participate in mining or trigger events, you will get CTT in game.

Airdrop interaction

After the game reaches a certain level of activity, airdrop CTT to the appointed address of the active player, twice a year.

Community campaign

Users will get a small amount of airdrops by participating in specific activities on the cooperated platforms.

Invitation rebate

If a player invites other players to play, 75% of the BNB, BUSD and other tokens spent in game will be rebated directly.

Deflation burning

Deflationary

Description

5% Tax

When transferring CTT on the BSC chain, 5% of the transfer amount will be burned permanently.

Arrears

Buildings built in the game will be demolished if the player fail to pay taxes over time.

Official repo

Non-CTT income such as BNB and BUSD obtained in the game, 50% of which will be used to repurchase CTT and burn directly.

On-chain voting

To participate in the voting on the chain, you need to stake CTT, if the proposal passes within a certain period of time, CTT will be returned.

Split proposal

When the CTT circulation scale exceeds 50% of its supply, and the price increases by more than 3000% from the initial guide price of $20. An on-chain voting will be launched. Participants need to stake at least 50,000 (5% of the total) CTT to be able to do so, which trigger the 1 to 10 ratio mechanism.

Token distribution

Distribution

Description

Game mining

​

  • 750,000 CTT tokens (75%).

  • Mainly used for in-game rewards, please refer to the "constructive mining" production reduction mechanism for releasing.

Institution investments

​

  • 30,000 CTT tokens (3%).

  • Price at $10 USD.

  • 10% unlocked in the first month, linear average release in the next 11 months.

  • Each corporation has a hard cap of 3,000 CTT, and a total of 10 corporations are planned to be selected.

Community investors

​

  • 30,000 CTT tokens (3%).

  • Price at $20 USD.

  • 10% unlocked in the first month, linear average unlocking in the next 11 months.

  • Each community partner has a hard cap of 3,000 CTT.

  • For each address, has a hard cap of 25 CTT.

IDO / IFO / IIO

​

  • 40,000 CTT tokens (4%).

  • Price at $30 USD Phased on BSC platforms such as JulSwap, BurgerSwap, Helmet, MantraDAO(ZENDIT)

  • Participation methods depend on the rules of each platform.

  • Part of the distribution share will be reserved for IEO listing and exchange of IIO vouchers later on.

Contributors

​

  • 50,000 CTT tokens (5%).

  • Community ambassadors, technology developers, ecological cooperation.

  • Will not be released in the first month, and will be announced before the distribution.

Active airdrops

​

  • 50,000 CTT tokens (5%).

  • The game’s active address airdrop is divided into closed beta, open beta, and 2.0 experience stages.

  • Will not be released in the first month, the upper limit of releasing in one month is 2,500 CTT.

Market making reserve

​

  • 50,000 CTT tokens (5%).

  • Secondary market maker reserve, liquidity robot reserve.