Bold Point Updated Tokenomics — A Fair Approach
The Bold Point YAY Holders Round is already here! Given the overwhelming interest and support shown by their investors, community, and partners, they have decided to update their previous token metrics slightly.
The following article will offer their community the latest details about sale stages, prices, allocations, and vesting periods. They want to ensure that everyone has all the information needed to make a conscious decision regarding buying and holding $BPT.
The Basics behind $BPT
Built on the Avalanche blockchain, $BPT is the main in-game currency of the Bold Point realm. It is used as the medium of exchange for services and non-fungible-tokens between gamers.
As you know by now, Bold Point is an NFT RPG-based game. Every character, item, and achievement reward will be tokenized and represented by unique Non-Fungible Tokens (NFTs). Through the in-game marketplace, gamers will be able to transparently buy, sell, loan, or collect a variety of different NFTs. It is also possible to craft items by burning $BPT or $YAY tokens, allowing players to generate the rarest and strongest NFT items.
$BPT Updated Tokenomics
In the current model, they decided to add a slightly higher cliff for strategic and seed investors, which is a low-time frame for anyone who invested in the infancy stages of their project. Nevertheless, they made sure to create more attractive vesting to public investors while also raising the actual public sale amount, which will bring additional benefits to everyone involved. In sum, these are the changes:
- 3m cliff for Seed Investors added and 1.5m cliff for Strategic ones:
- Raise size for all rounds reduced from: 32% to 25.5%;
- Higher raise for Public round from: 6% to 7.5% ($1.5M in total);
- Raise size for private investors lowered from: 26% to 18%.
Total Supply: 1,000,000,000
Token Price at IDO: $0,02
Initial Market Cap: $1,130,000
- Seed round: 4%
- Strategic round: 12%
- YAY Holders Round: 2%
- Initial DEX Offering (IDO): 7,5%
- Initial liquidity: 3%
- Farming rewards: 5%
- Game mining: 20%
- BP Labs: 12,5%
- Marketing: 10%
- Ecosystem Growth: 14%
- Team Members: 9%
- Donation: 1%
- Seed round: 3 Month Cliff, 7,5% unlock, then 1% weekly linear vesting
- Strategic round: 1,5 Months Cliff, 8% unlock then 1,15% weekly linear vesting
- YAY Holders Round: 10% unlock after TGE, then 1,5% weekly linear vesting
- Initial DEX Offering (IDO): 30% at TGE then 1,75% weekly linear vesting
- Initial liquidity: Fully Locked
- Farming rewards: 2,5% monthly linear vesting starting month three
- Game mining: 2,5% monthly linear vesting
- BP Labs: 2,5% monthly linear vesting starting month four
- Marketing: 20% at TGE, then 3.2% linear vesting
- Ecosystem Growth: 2,5% monthly linear vesting starting month four
- Team Members: 4% monthly linear vesting starting month 7
- Donation: 4% monthly linear vesting starting month four
About Bold Point
Bold Point is an NFT-based role-playing game built exclusively on the Avalanche ecosystem that offers a fun and competitive experience.
The game is designed to build your character and level it up through battle, either against other players (PvP) or against the computer AI (PvE). It’s also possible to earn extra crypto when playing against other players (Gold PvP).
Bold Point aims to break adoption barriers and bring more players to the blockchain gaming space. Follow us on Twitter.
About YAY Games
YAY Games is a decentralized game publisher that aggregates a wide range of games focused on Play-2-earn, NFTs, and DeFi.
As the ultimate GameFi brand, YAY Games also works as an Incubator thanks to its Initial Game Offering (IGO) Platform “Zeus” — allowing top gaming projects to have access to the expertise, large community, and sophisticated game mining architecture.