Introducing $CLASH: The ERC-20 Token Powering Chibi Clash’s AI-Driven Ecosystem

ChainPlay

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5 months ago

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On August 14th, this Wednesday, the $CLASH token will be released on the Base network by the creators of Chibi Clash, an AI-powered game ecosystem supported by Polygon. Information on how to get your $CLASH token airdrop is also included in this notification. Come along as we discuss the meaning of the token and how to obtain it.

What Is the $CLASH Token?

$CLASH is an ERC-20 utility coin that acts as the foundation of the Chibi Clash ecosystem. It will be available on Coinbase's Base chain and will interface with other games in this Web3 realm. The token aims to boost player engagement by offering access to unique AI-powered experiences and enhancing gameplay.

Source: X

Utility of $CLASH Token

The $CLASH token has several practical uses within the Chibi Clash ecosystem. It functions as both a game currency and a staking token. Players can use $CLASH to purchase exclusive items, skins, and characters, as well as to upgrade land plots in the Chibi Clash Kingdom. This can increase the strategic value and productivity of the plots. Additionally, the token allows players to buy more Energy and Action Points, letting them play more if their daily limit is insufficient.

For staking, $CLASH tokens offer multiple benefits.Staking allows users to receive airdrops and rare items throughout the season, as well as participate in special events and compete for rewards. Staking also allows participants to participate in governance by voting on ideas that influence the ecosystem. Furthermore, staking grants access to AI-enhanced gaming experiences, including those developed in-house and through partnerships with top Web3 x AI projects.

The total supply of $CLASH is capped at 5 billion tokens. The majority of these tokens are allocated to Ecosystem Rewards and an Ecosystem Fund/Treasury, each receiving 30% of the total supply. The Ecosystem Rewards are used to reward the community, while the Ecosystem Fund/Treasury supports various initiatives, including rewarding contributors and marketing efforts. It is anticipated that a large portion of the $CLASH supply will be available for claim by the community on launch. The official announcement indicates that there is no vesting schedule for these airdrop tokens, meaning you can claim 100% of your allocation at launch.

Claiming Your $CLASH Airdrop

If you took part in Chibi Clash’s Play 2 Airdrop event or the Kingdom Alliance event and earned enough points, you should be eligible for an airdrop of $CLASH tokens. The airdrop will occur on August 14th at 5 AM UTC. A snapshot for this season was taken on August 1st. To check your $CLASH allocation, visit the new Clash Foundation website. This site is also where you will find information about staking, which will open simultaneously with the token launch. If you stake immediately after claiming your tokens, you will receive a staking bonus, though specific details about this bonus are not yet available.

Source: X

On August 13th at 6 AM UTC, the Chibi Clash team will host an X space with three partners. They will discuss how AI can enhance gameplay and user experience and provide a sneak peek of upcoming features.