Airdrop Cat Gold Miner Announces New $CATGM Token Tokenomics: Check Here!
2024-11-19Bittime - Cat Gold Miner, a popular idle game on Telegram, has just announced a significant update: their new tokenomics plan.
This revised structure aims to provide more value, growth opportunities and long-term sustainability for the Cat Gold Miner ecosystem.
Read about Tokenomic CATGM here!
What is Cat Gold Miner?
For those who are not familiar, Cat Gold Miner is a unique idle game that can be accessed directly via the Telegram application.
Players take on the role of cat mining moguls, building and managing their own gold mining empire.
By strategically hiring cat managers, upgrading equipment, and optimizing production, players can collect an ever-growing stream of in-game coins.
Also read: Major Listing and Major Airdrop, These are the Things You Need to Know!
What is $CATGM Token?
The $CATGM token serves as the main transaction currency in the Cat Gold Miner game, used for player progress and reward acquisition. Players can earn $CATGM tokens by upgrading the in-game gold mine.
Additionally, these tokens have external value, with rewards generated from trading taxes, gas fees, and yields from the TON LP pool.
This token's function bridges gameplay with real value, making it an important asset for players and investors.
Also pay attention to price developments TON to IDR today via the Bittime market!
CATGM Tokenomic Details
The new tokenomics plan outlines the total supply and allocation of $CATGM tokens. Here are the details:
- Total Supply: 10.000.000.000 $CATGM
- Allocation: The total supply is distributed across categories, including Airdrop & Ecosystem (40%), Launchpool (5%), Liquidity (5%), Team (20%), Treasury (10%), VCs (10%), and Foundation (10 %).
The tokenomics plan also details the vesting schedule for a particular allocation. This schedule determines when and how tokens are unlocked for use in the ecosystem.
For example, Team allocations have a 3-month waiting period followed by an 18-month linear release, ensuring gradual distribution of tokens.
CATGM Achieve Rewards System
Cat Gold Miner offers several ways for players to earn $CATGM tokens besides just upgrading the mine. These include:
Token Trading Tax: A portion of the tax charged on $CATGM trades is funneled back into the game as rewards.
On-chain Gas Fees: Players contribute to the prize pool by paying on-chain gas fees when interacting with the game.
Yield of TON in Pool LP: Holding $CATGM tokens provides passive rewards based on the amount of TON (Telegram Open Network) in the game's liquidity pool.
Conclusion
Cat Gold Miner's revised tokenomics plan signals a commitment to long-term growth and sustainability.
Strategic vesting allocations and schedules aim to encourage a healthy in-game economy and incentivize player participation.
With a focus on earning rewards through a variety of methods, Cat Gold Miner seeks to create an engaging Play-to-Earn experience for its cat-loving user base.
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