How do investor token mechanics in ETH.TOWN work?

Dear Crypto-gamers, Gaming-investors, Trader-players (or whatever our new breed of blockchain games/crypto-profit enthusiasts wish to be called),

As you would know, our team has recently launched an Airdrop, giving away 5 investor tokens to each of our subscribers, with an announced value of about $5. The exact price of each investor token (IT) is actually 1/1000th of an ETH, so it might be slightly less than $5 at the moment, but let’s HODL for the best! (Go ETH Go!)

More token giveaways via Airdrop (signup on the website to get info) and our Twitter, Facebook & other bounty programs have been arranged, in a bid to spread the word about our project. We are now officially past 3k followers on Twitter — a big Thank You to our ETH.TOWN community!

Given the recent progress, we believe it’s time to release some information on our investor token mechanics.

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In the game, each of our token holders will automatically gain a share of the profits generated from all game participants’ activity. (Investors’ Heaven, indeed.) For instance, if an asset trade goes through, the biggest share of the ETH amount involved goes to the deal-maker as profit, a second share accrues to token investors, and a third, smallest part goes to the devs. (Hey, we need our afternoon tea supplies too. 😊)

Among token holders, ETH is further distributed in accordance with the share of tokens that they hold, in tiers. You can of course withdraw the ETH you earn from our platform directly. (Getting excited yet?)

But that’s not the only use for the tokens. They are the currency you buy cool stuff for, keep reading on.

Besides the core game-play component (and some it’s super secret features), which we think is going to be huge, the team will also incorporate many meta games in the platform, which will provide other opportunities for profit-making. Tokens are involved everywhere.

So, what are we waiting for?

On their 1st week after launch, Cryptocountries managed an incredible 45K ETH turnover. This sounds impressive, but our team’s secret goal (ok, maybe not so secret anymore) is actually to gun for 100K ETH turnover in the first week. No kidding. And we’ll have a good chance of hitting our target too, with some other cool tricks up our sleeves!

Let’s say we do achieve the 100K ETH turnover in Week 1. Assuming that investors get a 2% share (at least: it’s expected to be a bit more in fact), there will be a 2K ETH investor profit pool for distribution. In a basic scenario where there are around 1000 token-holders with 5 tokens each (our initial airdrop fans), each holder will get around 2 ETH by the end of the first week of gameplay. We know this sounds pretty crazy, but what’s new in the world of crypto?

Another example: one of our current community members, a popular blogger in Japan who’s driven around 300 new sign-ups, and has already been allocated >600 tokens!

At the moment he holds around 6% of all tokens. It will result in incredible 140 ETH of profit for the first week (for sure we need to achieve our goal to make it happen). In fact he’ll get an even bigger share of the investor profit ETH pool, read on the tiers below.

Basically, it’s a Wild West time : we have around 10K tokens assigned at the moment. If you’ve got 1K tokens — you own 10% of the pool. And it’s super easy to get them now.

To ensure the fairness of our airdrop distribution, we will be weeding out cheaters via security check verifications.

How are profits in the Investor Token Pool distributed?

Well, to reward investors who show greater support in the project, investor tiers will be introduced — i.e, bigger investors will get more profit per token held compared to smaller investors.

The exact numbers will be announced later, but a Tier One investor could potentially get ~+50% compared to what Tier 10 investors get out of their tokens.

Keep in mind that over-dilution of profits via an increasing pool of investor tokens is tackled: tokens are to be spent on goodies, thus reducing the total supply.

(1) Investors will be able to purchase Heroes, upgrade them and eventually sell them for ETH to other players, or… use them! Unlike many crypto-collectible nonsense items, these have real uses.
(2) You can make an order for a custom-designed character and have your very own Avatar in the game.
(3) More! And more to be added along the way, the game is designed to be evolving!

It’s really up to you to decide. Alternatively, you could also place your tokens for sale on EtherDelta or other exchanges.

Sign me up! How do we get tokens?

Players/investors will be able to acquire tokens via the following actions:

1. Tokens will be distributed via gaming activity on the platform. For instance, you get some amount of tokens for each ETH you spend in the game, even if you get that ETH sent back to you in a minute.

2. A secret mechanism which we will hold in suspense for just a while longer (arguably the most important channel of token acquisition!!!). By the game design, players will not be able to access it fast.

3. Buying tokens on EtherDelta and other exchanges.

4. Get some now while we are still running Airdrop and bounty campaigns!

5. By buying cool stuff in our Pre-Sale — you get 100 TOKENS per 1 ETH spent as a bonus. Pre-sale will start soon. (We’ll have a separate post on the details.)

6. Refer friends to participate in the pre-sale and get the same amount of tokens as they do.

Note: Before the game full launch, special pre-sale investor tokens will be distributed. These will be exchanged 1:1 to actual game tokens once the game (and the final token contract) is launched.

Quick summary of the above:

1. ETH.TOWN investor tokens are gonna be LIT.

2. Early IT token holders will see huge profits especially in the early stage of the game (when it’s impossible to get investor tokens in bigger chunks).

3. We’ll launch an awesome pre-sale very soon. Early birds welcome!

All in all, It’s a Gold Rush time!

When the game breaks the records there will be no whales holding big chunks of Investor Token pool (it’s limited by a game design) and even 5 tokens will make a good profit!

I bet you are already in, if not, join now.

Cheers,
ETH.TOWN team.

Website: https://eth.town/
Btt Ann: https://bitcointalk.org/index.php?topic=3062760
Btt Bounty: https://bitcointalk.org/index.php?topic=3028492
Facebook: https://fb.me/eth.town
Twitter: https://twitter.com/eth_town
Instagram: https://instagram.com/eth.town
Telegram: https://t.me/Ethertown
Medium: https://medium.com/@ethtown
Discord: https://discord.gg/qWgw5f9