Galactic Arena : The NFTverse
  • Unleashing NFTs
  • Introduction
    • Galactic Arena: The NFTverse
    • Aim, Mission, Vision
    • Roadmap
    • Social Networks
  • Tokenomics
    • Token Information
    • Distribution, Allocation and Vesting
    • Token Use, Cycle and Fees
  • Gameplay
    • Beginner's Guide
    • Characters
      • Native Characters
      • Visiting Characters
    • Game Modes
      • The Carnival: Spin The Wheel
        • Total and Extra Spins
      • The Cage (PvP)
    • Upgradation System
      • Level
      • Ranking
    • In Game Shop
    • Leaderboards
  • Long-Term Sustainability
  • Disclaimer
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  1. Tokenomics

Token Use, Cycle and Fees

How the GAN token will flow through the ecosystem; Gas fee, battle and token swap fees

Tokens will primarily be used for distribution: to reward players for contributing to the game through our game modes, rewards for players who top the leaderboard, or rewards for players winning tournaments.

The tokens that are collected as fees will be used for:

(Events) in THE CAGE (in $BNB);

For development purposes such as Marketing and CEX listings;

Used for buybacks and burn events.

Buying and Selling Fees:

The fee is 5% for selling and 2% for buying.

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Last updated 3 years ago

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