Token and Tokenomics
The foundation of a sustainable economy.
Quiz2Coin has created a tokenomics structure and platform economy designed to create a sustainable ecosystem, ensuring long-term engagement for millions of daily players. Our native token, $QUIZ, is based on the Solana blockchain, chosen for its speed, scalability, and low transaction costs, which align with Quiz2Coin’s mission to provide a seamless and efficient user experience.
By leveraging Solana, Quiz2Coin minimizes transaction fees, allowing players to focus on gameplay without high blockchain costs. Solana’s infrastructure also allows Quiz2Coin to process thousands of in-game transactions per second, maintaining smooth gameplay and fast NFT interactions. Additionally, Solana’s eco-friendly Proof of History consensus aligns with Quiz2Coin’s commitment to sustainability, supporting a responsible, low-energy blockchain environment. QUIZ Tokenomic structure is as follows:
Game Liquidity
30%
300 Million
Marketing
20%
200 Million
Treasury
15%
150 Million
Team
10%
100 Million
Market Liquidity
9%
90 Million
Sales
16%
160 Million
Total Supply: 1 billion tokens
Game Liquidity: 30% (300 million tokens)
Marketing: 20% (200 million tokens)
Treasury: 15% (150 million tokens)
Team: 10% (100 million tokens)
Liquidity: 9% (90 million tokens)
Sales: 16% (160 million tokens)
We will also initiate ad-hoc and periodic token burn campaigns to ensure constant value of the $QUIZ token for all stake holders.
Periodic Review: Establish a quarterly review process to assess the token economy and decide on supply adjustments.
Token Sinks: Create in-game and in-store items that can only be bought with tokens, and introduce periodic special items/events.
Burn Mechanism: Implement a burn mechanism for a percentage of tokens used in transactions to manage inflation.
Communication: Transparently communicate the tokenomics and adjustment mechanisms to the community to build trust and engagement.
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