Inside $KOIN’s Distribution Plan And Community Benefits

About The $KOIN Token

$KOIN is a Base-powered token designed for the Khuga ecosystem, also known as the Khugaverse. This token supports the Khugaverse gaming ecosystem by fueling gameplay, trading, and other web3 mechanics. It integrates with all Khuga Labs products to create a unified and rewarding economic model for players, NFT holders, and partners.

The first version of the ecosystem whitepaper confirms that $KOIN will provide governance, staking, and incentive distribution. A portion of ecosystem revenue will be redistributed to the community through this token. Players will use $KOIN for in-game purchases, marketplace transactions, and access to ecosystem services.

Source: X

What Does the Khuga $KOIN Tokenomics Reveal?

The total supply of $KOIN is set at 1 billion, distributed as follows:

• Khugaverse Ecosystem: 37% of total supply, 4% unlock at TGE, 3-month cliff, 1-year vesting.
• Presale + Public: 30% of total supply, 100% unlock at TGE.
• Khuga NFT Holders: 10% of total supply, 50% unlock at TGE, 6-month cliff, 1-year vesting.
• Team: 7% of total supply, 0% unlock at TGE, 1-year cliff, 2-year vesting.
• Treasury: 6% of total supply, 0% unlock at TGE, 1-year cliff, 2-year vesting.
• Liquidity Pools: 5% of total supply, 100% unlock at TGE.
• Marketing: 2.5% of total supply, 0% unlock at TGE, 1-year cliff, 2-year vesting.
• Community Partners: 2.5% of total supply, 33.33% unlock at TGE, 6-month cliff, 1-year vesting.

The presale and public sale may still be open before TGE. Official X posts from the team suggest that community members can interact and retweet to secure a spot, though the number of spots and specific timeframes remain unknown.

Source: X

The roadmap consists of three phases without specific timeframes.

• Phase One: Token deployment and staking. Once $KOIN launches on Base, NFT holders will receive staking rewards, and a staking mechanism will be introduced for token holders.
• Phase Two: Expansion of cross-game asset utility. This includes launching in-game rewards in Khuga Rumble Arena and Khuga Bash! and integrating $KOIN as the main currency in Miawwhalla, the core gamified hub of the Khugaverse.
• Phase Three: Development of incentive distribution, DAO governance, media and merchandising expansion, and partnerships with blockchain projects and gaming guilds.

Source: X

Final Thoughts

The TGE date for $KOIN has not been announced yet. The official ecosystem whitepaper provides more details on $KOIN, Miawwhalla, Khuga Bash!, together with the Khuga NFT collection, Khuga Rumble Arena. A beta test for Khuga Bash! launched last month.