CHIP Token
Last updated
Last updated
The $CHIP token will significantly enhance our platform. Holding this token grants you exclusive access to additional games, incentives, and a share of the potential revenue generated by the house.
Following recent events after the launch of $CHIP, we have updated the tokenomics.
The $CHIP token has a supply of 1.6 B, this can be diminished over the time once the "Buy and Burn" feature is started.
Public Sale (40%): 640,000,000
This allocation is reserved for investors to purchase, thereby supporting us in obtaining necessary licenses and enhancing our platform.
Staking Rewards (18.65%): 298,400,000 ($chip.staking)
New and existing investors will have the opportunity to increase their $CHIP holdings by staking their NFTs on our platform.
Farming (8%): 128,000,000 ($chip.farming)
We will implement $CHIP farming to reward our long-term holders who contribute liquidity to the pool.
House Pot & Platform Incentives (6%): 96,000,000 ($chip.house)
This allocation will be added to our house pot, enabling $CHIP holders to use their tokens to play and bet in various games, including exclusive $CHIP-only games. Additionally, it will be used to reward our platform users through our "BET TO EARN $CHIP" program.
Liquidity Pool (20%): 320,000,000 ($chip.liqp)
20% will be allocated to our liquidity pool to support trading activities.
Airdrop Event (4%): 64,000,000 ($chip.airdrop)
Four percent will be airdropped to our Loyalty Pass and Presale Pass holders.
Marketing (3%): 48,000,000 ($chip.marketing)
This allocation is designated for advertising our platform and onboarding new users.
CC to CHIP (0.35%): 5,600,000 ($chip.ccholders)
This allocation is designated for holders of the old CC token, which has a total circulating supply of 33,083,146, distributed through staking rewards and community incentives. To ensure fairness to our new investors, the team has established a conversion ratio. For more details on the conversion, please check here.
