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CTT Tokens and Distribution
🪧 Supplement: This document is a manual and will be updated and modified according to the development situation. It is not a fixed white paper. :)
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
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%).
- 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%).
- 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%).
- 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.