Token distribution
Token Generation Event (TGE)
On the Token Generation Event the tokens were allocated as follows:
After TGE
Token Generation Event took place on the 31st of December 2020, followed by seven stages of Token Burning between December 2021 and June 2022 shaped current tokens supply and its distribution.
As the time went by and the GHX kept on being improved, the allocation started looking different:
| Description | Release Schedule | |
|---|---|---|
Token Contributors (36,6%) | Tokens intended to be sold in a private offering to give purchasers early access to GHX tokens so they can utilize the services offered by GamerHash. Private sale, presale contributors will be also awarded bonus tokens for their early support. Bonus tokens are the subject of additional vesting period. Tokens are created in the Token Generation Event (TGE) | Seed & Private sale 12,5% of tokens 7 days after TGE, 12,5% of tokens 14 days after TGE, 25% each 3 months Duration: 9 months |
Team (15%) | Team tokens are designed to incentivise the core team and help acquire new employees. The team tokens are going to be the subject of a vesting period of 2 and ½ years. | Initial release after 1 year from TGE, at start 10% then 5% every next month (18 months) Duration: 2.5 year |
Community & Game mining (5%) | A pool of tokens for prizes for committed members of our community as well as tokens added as a bonus (additional remuneration) for sharing computing power. | Initial release after 30 days from TGE, at start 4%, then 3% every next month (32 months) Duration: 2 years and ¾ |
Foundation (14%) | At a later stage, we intend to support widely the gaming industry. The Foundation will be involved in helping game developers, gaming organizations and event organizers. | Initial release after 1 year from TGE, at start 25% then 25% every next 12 months (3 years) Duration: 4 years |
Advisors (4%) | The Advisors tokens are dedicated for use of recruiting advisors that are critical for the project’s success. | Initial release after 90 days from TGE, at start 25% then 25% every next 3 months (9 months) Duration: 1 year |
Ecosystem Fund (12%) | We will provide marketplace toolsets that will enable external partners to join our ecosystem faster and independently. The available fund will allow to exponentially increase the number of partners and products offered. From this pool we will also be rewarding users for performing tasks within Play&Earn. | Initial release after 30 days from TGE, at start 10% then 18% every next 12 months (5 years) Duration: 5 years |
Liquidity reserve (4,4%) | Number of tokens dedicated to support liquidity management on both sides of the book. | Duration: Instant |
Marketing (4%) | For us its building adoption of GamerHash ecosytem: acquiring new users, active miners, building a community, building brand visibility. In the blockchain space great focus is placed on events & conferences to meet the team which legitimize the project. | Initial release after 90 days from TGE, at start 25% then 25% every next 3 months (9 months) Duration: 1 year |
Strategic partnership (5%) | This includes key partnerships for platform long term growth. Tokens are intended for onboarding integrators of GamerHash services, not to be sold into secondary markets. | Initial release after 2nd year from TGE 50%, 50% at 3rd year Duration: 3 years |
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